Begbies Traynor Share Discussion Threads

[podgyted] 08/9/2021 16:44

It flatters to deceive.

[its the oxman] 01/9/2021 23:37

Should bust 150p any day now.

[davr0s] 01/9/2021 17:05

That's a 12year closing high. Not going to argue with that

[davr0s] 01/9/2021 15:15

Pushing new highs again

[zangdook] 01/9/2021 10:16

On the contrary, TW is a waste of carbon and should always be ignored. The only credible dirt associated with him, apart from behind his ears, is in the kitchen of his restaurant. "doesn't like Begbies" ffs

[topvest] 31/8/2021 19:30

Not the biggest issue of all time just sloppy. TW doesn't like Begbies and has had a pop at them for related party transactions in the past. I'm still holding. TW is very good at digging up dirt though and shouldn't be ignored.

[davr0s] 31/8/2021 19:04

Maybe, but in the end price and price action is what counts and the general market is unphased by this. Important not to find reasons to be bearish even if they seem to be "obvious"

[topvest] 31/8/2021 18:58

Yes, very poor. It does need an explanation.

[boonkoh] 29/8/2021 09:57

Ah, I failed to spot it was a delayed PDMR declaration!Indeed for someone at his level of the org it is inexcusable. Surely he had to also seek internal trade approval when he made the trade? In which case someone has really dropped the ball in reporting.

[topvest] 28/8/2021 20:07

It looks like Mark Fry has not informed the company in the correct timescales given he sold these on 2 August. Share Prophets are having a pop. To be honest it is very poor for such an experienced guy.

[boonkoh] 27/8/2021 23:16

Mark Fry selling is good news in a way. As Head of the Business Recovery division, one of the main revenue drivers, he wouldn't have been given permission to sell if they were behind on management expectations or even broker expectations. So it's almost a vote of confidence that trading is on track.Of course, not a strong vote that the share price is way undervalued either.

[boonkoh] 27/8/2021 23:14

Yes, we're probably not going to see a surprise "performing ahead of market expectations" as insolvencies haven't exactly been flying. But if you look at the monthly gov stats, they've been increasing nicely. Still below 2019 levels, but the crunch time is Oct to Dec when the last of govt support ends (furlough, business rates, etc).

[edmundshaw] 27/8/2021 16:41

Number of zombie companies around now must be huge. Still below average administrations From the Telegraph "According to figures from Fathom Consulting this week, the number of corporate insolvencies has hit a 20-year low. In some sectors, such as retailing and construction, the numbers are down by a third or even more year-on-year". Obviously this cannot continue for long, tying up capital and labour with the added burden to the taxpayer...

[trainsailing] 27/8/2021 16:38

£100k director sale not the best vote of confidence hopefully there is a good reason.

[topvest] 25/8/2021 10:43

I've sold half my holding to lock in a profit after the share price has achieved my target price. Average 3 bagger, so the rest are held at effectively £nil cost. Ric Traynor is 61 I believe. Just a thought, but a merger with FRP Advisory would be a possible exit route for him. They are similarly sized. Any thoughts?

[adipsia1] 19/8/2021 11:36

Inflation combined with increasing debt.

[boonkoh] 17/8/2021 23:12

I've always thought that covid is what will cause an avalanche of distressed businesses. But lately I'm thinking it'll be inflation. Both raw material costs plus wage costs. Sprinkled with supply chain disruptions.

[its the oxman] 17/8/2021 22:34

Another push on 140p. Chart looks poised for a sustained move higher.

[suetballs] 16/8/2021 08:26

I assume there has been a tip? Suet

[faz] 15/8/2021 21:13

Welcome new Momentum Investor readers. You're buying at the right time

[boonkoh] 12/8/2021 13:05

The next trading statement or set of results.Small caps always drift when there's no news. But all the indicators I'm tracking since the last results give me confidence that the next set of results will be meeting broker forecasts, maybe even exceeding a little bit.Not going to be a blowout so I don't think there's any chance of > 200p by the end of this year. But enough to re-rate to 170p or thereabouts.Of course there's also the anti cyclical portfolio diversification... If another variant comes, vaccine efficacy wanes quickly, reflation runs out of steam, hyperinflation in input prices... Sentiment alone will drive this up to 180p+.

[cordialdevil] 12/8/2021 11:34

Feels like momentum has gone out of this one for now - what's the next milestone that might prompt a further shift toward those earlier lofty valuations

[stevesham] 09/8/2021 14:03

Bit more work for BEG Https://www.londonstockexchange.com/news-article/market-news/appointment-of-administrators/15091311 Sadly I am certain there will be many more, but great for BEG

[adipsia1] 05/8/2021 11:57

Ongoing DR insolvency cases will migrate across to BEG. On the insolvency side their 'clients' consist of failed or failing businesses. The real 'clients' of any insolvency firm will be friendly introducers; accountants, lawyers, banks, other funders and stakeholders. Those relationships tend to exist at a personal level with individual partners.

[route1] 05/8/2021 11:39

I have often wondered in regards to Begbies acquisition of David Rubin if DR,s clients automatically migrate to BEG , or do they have a choice to move their account to another Practice?