Begbies Traynor Share Discussion Threads

[blue377] 17/1/2022 11:44

Not News you Like to hear But good for B.T. https://www.cityam.com/uk-construction-companies-collapse-in-their-hundreds-as-costs-rise/

[edmundshaw] 11/1/2022 18:26

Having fortunately top sliced at 145p, I have no such qualms. So I added some back at this nice price!

[boonkoh] 11/1/2022 15:23

Drifting again. I'd have picked up some more today, but am already at my max position size I'm comfortable with for Begbies.

[route1] 11/1/2022 11:06

Maybe a "good quality " acquisition.

[r2oo] 10/1/2022 11:57

Yep, certainly does.Considering the business they are in I would expect nothing less that bargain acquisitions.

[boonkoh] 10/1/2022 08:14

Looks like a good deal. 5x PBT, total cash consideration covered by earnings, and contingent consideration of £1.25m extra only kicking in if there is further revenue and profit growth.

[this_is_me] 10/1/2022 07:38

that looks like another good acquisition.

[r2oo] 06/1/2022 19:07

I think I may add tomorrow, all looking good and someone accumulating with 4 decent buys after hours.

[2bluelynn] 06/1/2022 17:32

Massive buying volume today any ideas any body

[r2oo] 05/1/2022 10:54

I have a feeling this will be a very good year for BEG.

[blue377] 31/12/2021 08:52

Not something to celebrate. but 43% more small company insolvency's probably thanks to our Government being so indecisive, has to be good news for BT https://www.cityam.com/furlough-factor-number-of-uk-companies-falling-into-administration-dropped-to-record-low-this-year/?utm_source=dlvr.it&utm_medium=twitter

[suetballs] 29/12/2021 11:57

Https://www.hl.co.uk/news/2021/12/29/uk-insolvencies-expected-to-rise-in-2022 Suet

[tomps2] 17/12/2021 15:51

#BEG.GB Interim results presentation to analysts. Https://www.piworld.co.uk/company-videos/begbies-traynor-beg-interim-results-presentation-december-2021/ Interesting facts on insolvencies: they say worst hit are construction, retail & of course hospitality. There's an increase in corporate debt (and difficulty fulfilling borrowing criteria) and working capital pressures. Administrations are still below pre-pandemic levels; liquidation volumes back up to pre-pandemic levels.

[edmonda] 15/12/2021 16:03

The H1 result was impressive with 39% revenue growth + a pleasing 16% operating margin, and future organic growth looks well underpinned. Equity Development retains forecasts and a 165p/share fair value: read new note and listen here https://www.equitydevelopment.co.uk/research/building-further-share-in-key-markets

[this_is_me] 14/12/2021 13:58

At least I was able to add to my holding.

[santangello] 14/12/2021 10:11

Sadly some will buy on rumour and sell on fact :(

[r2oo] 14/12/2021 09:45

I'm surprised the share price hasn't moved more on these strong half years results!

[ironstorm] 14/12/2021 08:34

Looks like this is moving onwards and back to 150p. Hopefully some decent volume to burst through. Great delivery fromt he team here.

[santangello] 14/12/2021 08:03

Very, very impressive and reassuring.

[this_is_me] 14/12/2021 07:55

Highlights -- Strong financial performance, reflects benefit and integration of recent acquisitions o Maintains track record of growth in revenue and adjusted earnings -- Revenue growth of 39% with increased operating margins to 16.0% (2020: 14.4%) -- Strong adjusted profit before tax growth of 60%; statutory profit before tax reflects increased non-cash amortisation costs, and transaction costs, from recent acquisitions -- Significant growth in segmental revenue and profits 10% increase in the interim dividend, building on the increases of the previous four years

[daneswooddynamo] 08/12/2021 15:46

A waiting game in respect of insolvency case numbers

[ironstorm] 08/12/2021 15:35

I looked at this today and yesterday - was thinking of selling. But after looking at again am holding. I doubt the court case has much impact - will be forgotten about by tomorrow. Looking at the chart this is moving in a range (128-150) since April. It seems to consolidate for a while before moving aead to 150p again. NExt time will be the 4th occasion. It migth hit 130p again by the looks of it and then go for it. Maybe if the santa rally gets underway it can breakthrough - though January looks more likely.

[route1] 08/12/2021 13:54

Very low volume today.Begbies share price seems "frozen in time " atm.Everyone waiting for an outcome of the court case?Is the court case SO important to BEG,sfuture?

[timbo003] 07/12/2021 23:17

There is a full text version of the Times article (with lots of targeted ads) here: https://www.thetimes.co.uk/article/0746a690-56cd-11ec-81f2-17f963b74220?shareToken=6a0635a3dc9402a55fbc7b311ca4ac6f