Begbies Traynor Share Discussion Threads

[suetballs] 12/2/2023 08:45

I thought we would be pushing new highs by now?
Strange imo.
Suet

[steadyaway1] 12/2/2023 08:34

https://www.thegrocer.co.uk/restructures-and-receiverships/struggling-cbd-brand-love-hemp-calls-in-administrators/676172.articleAquis exchange traded, trading admin

[dennisbergkamp] 11/2/2023 12:54

It’s a tricky investment from a moral point of view - I agree. I’m in for a small amount but am not sure I can go in for more

D

[zangdook] 11/2/2023 11:18

It's not investing in misery, it's investing in sorting out problems.

[the bolton wanderer] 10/2/2023 13:01

So is this a good buying opportunity or is there further to fall?
I personally think if the price is the same or lower next week then I'll be buying some more.

[yertiz] 09/2/2023 09:42

Investing in other people's misery seems a hard pill to swallow, but someone has to do this job. Begbies success is a measure of how badly the UK economy is doing....a real double edged sword.

[piwood] 09/2/2023 09:06

The Insolvency Service states that the number of hospitality businesses registering as insolvent has reached a decade high increasing 61% from 2021 to 2022 with 2,704 businesses becoming insolvent.

[boonkoh] 07/2/2023 08:34

Old news. Provisions have been made. Total claimed by defendants £2.4m so settlement would be lower, most likely.

[rivaldo] 07/2/2023 08:30

Not a holder here, but noticed this from Google in today's Times newspaper:

"Begbies settles claim over ‘tax avoiding scheme’

Begbies Traynor is to settle a multimillion-pound claim from business owners who
allege that the listed restructuring firm advised them to take part in a..."

[melody9999] 07/2/2023 08:12

any reason for the share price fall this am?

[mighunter] 30/1/2023 14:52

Looks like Begbies getting ready hTTps://news.sky.com/story/paperchase-on-brink-of-collapse-as-hopes-of-solvent-rescue-fade-12799297

[bonzo1975] 24/1/2023 09:21

BBC News 24/01/2023

There are growing fears that 2023 could see a wave of company collapses as the cost of living crisis continues.

The number of firms on the brink of going bust jumped by more than a third at the end of last year, said insolvency firm Begbies Traynor.

It expects this number to rise due to higher costs and consumers cutting back their spending.

Paul Jones, co-founder of brewery Cloudwater Brew, said the pressure felt like a "never-ending nightmare".

Julie Palmer, partner at Begbies Traynor, said it was receiving an increasing number of calls from businesses owners like Mr Jones who were concerned over whether they could carry on.

Link to BBC article

[steadyaway1] 18/1/2023 18:45

Tight tight labour markets... think the higher for longer thing could be more true for the UK than elsewhere

[route1] 18/1/2023 07:01

The wind direction is changing and will change in favor of Begbies as a result of continuing stress in the UK economy.

[steadyaway1] 17/1/2023 17:41

Good spot!

[steadyaway1] 16/12/2022 16:22

Retail sales dire... interest rates higher for longer, etc etc... typical move down in share price in the face of tailwinds.

[tomps2] 14/12/2022 08:41

Begbies Traynor (BEG) interim results presentation - December 2022

Begbies Traynor Executive Chairman, Ric Traynor and Group Finance Director, Nick Taylor, present interim results for the six months ended 31 October 2022. A strong first half performance and confidence in the full year outlook.

Watch the video here:

Or listen to the podcast here:

[hubs] 13/12/2022 19:11

Its the 'sell on results' brigade...so one more assault on 150p yet to come!It can't be long now.gla.

[kalai1] 13/12/2022 15:15

Begbies Traynor Group plc announced HY results for the 6 months to 31st October this morning. The Group recorded strong H1 performance with double digit revenue and profit growth in both divisions. Overall growth in revenue was 12% and adjusted profit before tax 13%. Management announced an increase in interim dividend to 1.2p (2021: 1.1p), which builds on the 10% compound annual growth in the dividend since 2017. The balance sheet is strong with net debt of just £2.4m, after £7.4m of acquisition related payments in the six months and also significant levels of headroom within committed bank facilities. In short the Group is well placed to continue to invest in its successful organic and acquisitive growth strategy. Valuation is not particularly helpful and the share price is roughly flat over 18 months and lacks positive momentum. BEG is a solid and growing company, but it remains a share to monitor for now...

...from WealthOracle

[jeanesy] 13/12/2022 13:27

still falling today !

[jdh1602] 13/12/2022 10:37

But, if things go well into next year, a chart breakout could be on the cards - it looks like one 'is due'...if the next results merit it

[daneswooddynamo] 13/12/2022 10:10

Chart wise there is a lot of resistance around 150. It has made multiple assaults on that sort of level over the last 18 months

[this_is_me] 13/12/2022 09:27

Over the last 18 months or so there has been selling when the share price gets close to 150p.

[jeanesy] 13/12/2022 09:04

i think some were expecting even better results and an even more positive outlook.