Begbies Traynor Share Discussion Threads

[bogman1] 15/1/2021 14:10

Sounds like manipulating... pushing her down

[insideryou] 15/1/2021 11:14

Very curios multiple singular number trades? Thoughts?

[insideryou] 14/1/2021 15:14

Sold 10k today. Hoping to bynthem back around 94

[bogman1] 14/1/2021 00:16

Will be expecting Paul to start recommending them!

[podgyted] 13/1/2021 19:31

Definitely seems to be picking up.

I think people have come to the conclusion as me that the the government eventually (prob. 6 months max) will remove a lot of the support. Also I'd been thinking along the lines of Aleman (3039) - without any evidence - that some small business's will simply give up. Tragic.

Noted this week that Paul Scott (Stockopedia) has opened starter positions in BEG and FRP.

[daneswooddynamo] 13/1/2021 13:45

Always seems to be plenty of two way in this stock

[its the oxman] 13/1/2021 13:33

Expecting 110p fairly quickly.

[bogman1] 13/1/2021 12:18

Broken through the resistance at 100 by the looks of it

[daneswooddynamo] 13/1/2021 12:00

Pushing on now, I expect it to move up to 120-130 this year as activity increases/support withdrawn

[aleman] 12/1/2021 15:42

This week, I've spoken to a small lighting company owner who is putting staff on part-time, a nursery owner who says she will have to shut by August if people don't go back to work as normal and a builder with multiple interests who says another few months of this and he is going to close the 3 pubs he owns. He has enough other (mostly building) interests doing well that the pubs repeated opening and closing is wasting his time and still losing him money. It gives the distinct impression that small business owners are eating away their reserves and losing patience. I think BEG will be busy enough soon but I genuinely would prefer the rest of my stuff to recover rather than BEG go up. I've had enough of it, too.

[trainsailing] 12/1/2021 13:03

Nice to see 100 again hopefully we can push on from here.

[bogman1] 04/1/2021 22:58

We could ramp this all the way to three quid! But the market will do what the market will do. Long term this is a winner. No doubt in my mind on that

[boonkoh] 04/1/2021 15:58

Question is how much more higher can it go, and for how long?Begbies is a good win win. Markets go up, Begbies go up. Crash comes, Begbies will do well fundamentally.

[frazboy] 04/1/2021 13:16

Agree about the euphoria, markets are looking toppy.

[boonkoh] 04/1/2021 13:09

Don't try to explain the move rationally.Markets are now in Euphoria.S&P at record high. Bitcoin at 35k.Money is just being pumped into all assets, enjoy the rise.

[danieldruff2] 04/1/2021 12:20

I don't think it is tips or takeover. At the end of the year everyone reviews their portfolios and tries to work out the big theme for 2021

For the UK the theme is simple: insolvency

[spy_limited] 04/1/2021 12:01

98p bid being paid now. 6.5% rise seems too high even for a tip based on previous performance.

I wonder if a takeover rumour has squeaked out to those in the know?

[hawaly] 04/1/2021 10:07

Here you go

"Begbies Traynor
87p

Business restructuring company Begbies Traynor (LSE:BEG) has remained highly profitable, even though the number of insolvencies has declined in the past year. That decline is not likely to continue in 2021 as the government withdraws and reduces Covid-19- related financial support.

Recent interims showed a one-quarter increase in pre-tax profit to £5 million, while the dividend was raised by 11%. Begbies moved into a net cash position. Both the business restructuring and property services divisions grew revenues organically, although there was a lower profit contribution from the latter.

Management believes that Begbies is still on course for a full-year pre-tax profit of £9.8 million despite the headwinds this year. A jump in profit to £13 million is anticipated for 2021-22. There is potential for further acquisitions plus the recruitment of teams of professionals, like the Grant Thornton team that joined earlier this year, that can enhance earnings.

The shares are trading on 15 times prospective 2020-21 earnings, falling to less than 12 the following year. AIM-quoted rival FRP Advisory Group (LSE:FRP) is trading on a higher rating for the current year and its growth next year is expected to be more modest than for Begbies. Buy."



GLA
😎

[skinny] 04/1/2021 09:44

Post 3026 - yes in Interactive Investor - I'll see if I can dig it out.

[bogman1] 04/1/2021 09:05

It was revisited from last years tips in a few articles suggesting it to be be a fine investment, one of the only gainers last yr in this is money

[its the oxman] 04/1/2021 08:53

Well overdue rise I guess. Should break 100p.

[frazboy] 04/1/2021 08:34

I'm guessing a tip but can't find anything

[its the oxman] 04/1/2021 08:29

Why today's jump , anyone know?

[bogman1] 02/1/2021 10:18

Agree totally. Where did you get yer target from? I like it.