Begbies Traynor Share Discussion Threads

[hpcg] 12/9/2019 10:10

I've just sold out. Not a large amount; happy to take the 10% hit when I have absolutely no idea what is going on. This price action just isn't normal.

[aleman] 12/9/2019 09:54

Yield curves inverting again. Gold rising again. And somebody decides to start a shorting attack on BEG? Very odd.

Note that BEG trades are usually O trades but we have numerous AT trades appeared. Buyers in the last hour are O trades. I've seen this elsewhere where a surge in AT trades seems to be shorters arriving. I don't know why this should be but I've seen it a few times in small caps. When you get a load of ATs buying again, that might be shorts closing.

[magic] 12/9/2019 00:17

2pm of shareprophet posting coincides with start of fall of BEG share price also around 2pm.

hxxps://www.shareprophets.com/EPIC?epic=beg

An Open Letter to Begbies Traynor - please don't make me go to your AGM, just answer my damn questions 2
2019-09-11 14:02:57

I have serious questions relating to corporate governance and related party deals at Begbies Traynor (BEG). I have communicated these to the company today and hope for answers. If I do not get them by next week I shall have to attend the AGM in Manchester and kick up a stink. None of us want that so over to Begbies...answers please. The letter is below.

[cravencottage] 11/9/2019 21:31

MM's having a last shake prior to a positive trading statement and AGm next week..

I'm personally looking at this as an opportunity to buy the dip and will be topping up at 8am tomorrow morning..

I personally reckon with a reasonable trading statement this should begin the next upward leg.

A healthy divi on the horizon too - Cherry on the cake

CC

[topvest] 11/9/2019 20:39

Hmm - I can't read the article. There are a few related party transactions, but they are clearly disclosed and nothing particularly new. I trust management here myself. They have been good to shareholders for a long period of time.

[hpcg] 11/9/2019 17:19

Yes, looked all around for reason. No AGM yet, no ex div yet.

[shauney2] 11/9/2019 16:58

Lots of sells in the afternoon so maybe just a clumsey seller.AGM tomorrow week with a statement hopefully.

[aleman] 11/9/2019 16:52

Odd selling at the end. Price down 8%!?

[aleman] 10/9/2019 11:17

Claimant Count is up another 28k. The rise since its Feb 2016 low (up about 425k) is now slightly more than half the rise of the recessions of the mid-70s and 2008/9 and the trend still seems to be accelerating. It's still a long way to go to match the rises of the early 80s and early 90s - but it's not letting up yet.




ILO employment fell slightly in the quarter to June if you strip out the big rise in healthcare. That probably accounts for why the government's finances have started deteriorating.

[topvest] 03/9/2019 19:39

Yes, our politicians are also certainly doing their best to screw the economy. The never ending negativity (3 years and counting) is holding the UK back.

[aleman] 03/9/2019 11:47

UK 50-year gilt yield has dropped sharply to 0.79%. This makes the entire curve only +0.04%. The flat Gilts yield curve suggests a serious deterioration in the UK economy continues when recent GDP has already been reported as negative. I would imagine BEG are going to get much busier unless the B of E loosens policy.

[topvest] 28/8/2019 21:03

First day that this has been negative at the close of the day. Think it relates to yesterday.

hxxps://fred.stlouisfed.org/series/T10Y2Y

[topvest] 14/8/2019 21:00

Expect continued efforts on a trade deal. Trump will be very keen to try and delay a recession until after the election. Think he will struggle to be honest. It looks and feels like a recession is coming next year. US may be last in though and not be leading the way!

[essentialinvestor] 14/8/2019 19:29

Aleman has been well ahead of the curve on his recession
warnings, long before the consensus view began to shift.

US growth over the past couple of years looks largely bought
on debt, as underscored by the % increase in the US Federal budget deficit.
There is no Trump economic miracle, unless you include enriching billionaires.

[stevieweebie2] 14/8/2019 19:06

just bought in this PM, been on sidelines for a few months. LTH for me in my SIPP.

[topvest] 14/8/2019 17:22

This is one of the few contra cyclical equities on the market. It should perform well as we go into the Autumn, in my view, now that recession is looking odds on.

[topvest] 14/8/2019 12:26

Its happened then

10 yr and 2yr bonds in the UK and US have both inverted today.
Recession highly likely in 2020.

[topvest] 14/8/2019 10:38

2 basis points to go according to this:

My graph comes up with 7 and 2 basis points if you refresh it.

[topvest] 14/8/2019 10:35

Yes, I've been watching the 10 yr / 2 yr yields and I don't believe that they have closed negative yet, but its very very close. Trump seems to be ahead of the Fed.

[aleman] 14/8/2019 10:27

The whole US yield curve was inverted yesterday. 30-years were and, still are, 0.01% lower than the Fed Funds rate (3.11% versus 3.12%). This implies the Fed needs to cut rates maybe 1.25 to 1.5% now, and even more eventually if they fail to act promptly.

UK 0 to 50 years has just touched a new low of +0.307% so the UK curve is following the Fed and probably implies immediate cuts of about 1-1.25% to restore normal credit conditions.

Central banks seem way behind the curve again.

[topvest] 14/8/2019 09:25

Big moment coming potentially today
hxxps://fred.stlouisfed.org/series/T10Y2Y

10 year versus 2 year maturity yield has almost totally inverted. Now down to 0.07 which is the closest it's been.
Recession coming!

[topvest] 13/8/2019 12:50

Yes, interesting. A pretty good indicator that things are deteriorating.