Begbies Traynor Share Discussion Threads

[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:

[daneswooddynamo] 07/12/2021 09:30

They will have plenty of professional liability insurance cover

[indigocarmine] 07/12/2021 08:25

Another group of butthurt rich people taking action because they lost money over their own bad investment decisions. Bankrupt company's assets sold off cheaply - wowzer, what a surprise.

[suetballs] 07/12/2021 08:18

Some big names there - wonder how much the suit is for?
Suet

[timbo003] 07/12/2021 07:47

………………………

From Today's Times:

[km18] 26/11/2021 17:23

From WealthOracleAM a few months ago....

Begbies Traynor provides confidential business rescue advice or in simple terms corporate insolvency consulting. They are a leader in UK with more than 100 offices working with a wide range of clients from small businesses to large corporations and financial institutions. They have been around since 1989 and currently have 3 brands under the umbrella – PUGH, Ernest Wilson and Eddisons. Pugh is working primarily with private clients, charities and public sector, Ernest Wilson is a leading agent for businesses for sale. Eddisons is a company established in 1844 and their chartered surveyors operate from 16 offices in UK. Stating the usual assessment of goodwill and acquisitions won’t do the job here, since that their operating activity.
Instead, we are going to look at the assets they have bought and performance for the year. Earlier in July their report for the 12 months to April was stellar. All division saw growth during the period and margins were improved. The vertical acquisition of CVR Global and David Rubin & Partners (they do the same thing as BEG) did not hinder the net cash position (excluding the IFRS leases). The acquisitions during the last years have swelled the headcount (nearly double at 1000) and the ratio of fee earners to support staff. It has also brought diversification in the business and operational leverage.

[tole] 23/11/2021 21:56

https://www.fool.co.uk/2021/11/23/2-dirt-cheap-uk-dividend-stocks-to-buy-for-2022/A cheap UK share for an economic slumpEconomic conditions in Britain are becoming increasingly alarming as soaring inflation and supply chain problems persist. Just today, EY Club slashed its GDP growth forecasts for 2022 by almost a full percentage point, to 5.6%. It warned of weak, sub-2% annual growth by the middle of the decade too.Investors like me need to consider the threats and the opportunities a deteriorating UK economy creates. I am thinking of investing in Begbies Traynor Group (LSE: BEG). I think trading here will pick up as the number of corporate casualties might unfortunately soar from 2022. This cheap UK share provides financial rescue and recovery services for companies. It is also specialist in the field of corporate insolvencies for both businesses and individuals.Today, Begbies Traynor trades on a forward price-to-earnings growth (PEG) ratio of just 0.5. This is comfortably inside the benchmark of 1 that suggests a stock could be undervalued. Moreover, the support business carries a handy 2.3% dividend for the financial year to April 2022 too.I'd buy Begbies Traynor even though its penchant for acquisitions creates a myriad of risks, such as disappointing profits generation at a newly-acquired business.

[edmonda] 18/11/2021 12:49

Confident update on H1 today, and Equity Development retains FY forecasts and its Fair Value of 165p / share .

New note and audio summary here:

[santangello] 18/11/2021 09:09

.....that's how I interpreted things too trainsailing.

[trainsailing] 18/11/2021 08:38

Current range of analyst forecasts for adjusted PBT of GBP17.0m-GBP18.5m.
Done £8M in the first half and with the expected weighting to H2 I would be surprised if we didn’t come in ahead of expectations. Time to top up.

[boonkoh] 18/11/2021 08:08

Looks like little downside to FY broker expectations (maybe in worse case a 5% below) and leaving the door open for upgrades if they have a storming second half with increasing insolvencies.

[santangello] 18/11/2021 07:45

As expected, reassuring and I'll continue to add with confidence.

Nice capital and income pathway ahead.

[melody9999] 18/11/2021 07:21

All on track then:

"We remain confident of delivering market expectations for the full year, which will represent a year of significant growth and ensures we are well placed to continue to invest in our successful growth strategy."

[cordialdevil] 10/11/2021 10:56

Mano report make not such good reading or a dip about to be maximised - it's got my attention - would like to see the flirting stop and 150p broken

[mr dexy] 09/11/2021 16:14

MANO report on Thursday.. they normally give a good insight into current insolvancy / distress levels... as these are a good leading indicator of their potential future business..

Regards to all



Mr D

[bogman1] 09/11/2021 15:49

Is there news vino? Or is there not lol

[vino] 09/11/2021 13:57

Seemingly not without any news

[its the oxman] 05/11/2021 09:04

Are we finally set to break 150p. Chart looks more than ready.

[santangello] 03/11/2021 14:20

.....looking forward to reinvesting my lovely dividend here tomorrow.

[cordialdevil] 28/10/2021 09:29

When is the next red flag report, one I've missed?

[santangello] 19/10/2021 14:25

I am adding whenever possible, this little beauty is about to become my third biggest holding by number of shares in my successful Portfolio (behind CTO and SLP).

[route1] 19/10/2021 14:02

Eye watering stats indeed!!!This could go to the moon,unless Jeff Bezosgets there first!