Begbies Traynor Share Discussion Threads

[steadyaway1] 15/5/2023 08:16

FRP ahead of expectations (rather than behind..ish, as previously flagged) due to high liquidations volume (BEG core) with a recent increase is admins. BEG largely unchanged. I'm still trying to figure outwhat moves this stock...

[route1] 04/5/2023 09:01

Can anyone confirm the payment date for the Interim Dividend.Thanks.

[edmonda] 04/5/2023 06:49

Looks another nice fitting bolt-on.

BEG has built quality and scale organically and via value-accretive deals: buying Banks Long & Co ticks the box

Equity Dev holds its forecasts until FY trading update, expected later this month, and retains its 175p/share fair value. Read in new note here:

[cravencottage] 27/4/2023 11:26

This is more like it :-)

[suetballs] 24/4/2023 13:20

More pain on the high street - Prezzo to close a third of its restaurants.
Suet

[petersinthemarket] 21/4/2023 12:55

You can find NT on
hxxps://www.nakedtrader.co.uk/
(obviously replace the 2 X's with T's)

[cravencottage] 21/4/2023 12:35

What did NT say?

Cheers.

[petersinthemarket] 21/4/2023 12:10

Highly likely John - see my note on this thread 10march/#3554
As I hold, I hope he has given it a bit of a boost.
pete

[johndoe23] 21/4/2023 10:53

Wonder if this is consequence of being mentioned by NT yesterday..

[cravencottage] 21/4/2023 09:11

Up she goes!

[aeonflux] 19/4/2023 12:09

Hope so as this has been a very disappointing holding in my portfolio. I agree with you though that it's going to get worse out there for businesses which can only mean good things for Begbies.

[chessmaster10] 19/4/2023 11:57

I think all we need here is patience.

Covid spending took off in mid-2020
inflation took off mid-2021
interest rate hikes took off mid-2022
Recession and insolvencies... will take off mid-2023, IMO

I think we're starting to see that happening, and if it does, Begbies will win a lot of business.

They have been expanding the businesses and should benefit from that as the insolvencies increase. I expect the share price to break the 150p resistance and push on to 200-250p in time, IF they execute on the opportunity.

It's not a "hold forever" share, but i expect the cyclic peak is yet to come.

I'm holding.

[aleman] 18/4/2023 14:39

When you consider that normal going back two decades is about 4000 per quarter, a jump to 2500 in one month is pretty big and would more befit a recession than weak growth. I think higher interest rates and energy bills have started killing off the infamous "zombies".

The jump in insolvencies also coincides with a few profit warnings in the consumer sector - SuperDry, Dr. Martens, Quiz - so I doubt it's a one-off spike. Also note the "new breathing" space orders, that are effectively a lead indicator. Their rise from about 6000 to over 8000 in the last year also suggests March will probably not be just a one-off spike.

[robertsjj] 18/4/2023 14:17

front page of sky news business today “business insolvencies at post-pandemic high” 16% leap in the number of corporate insolvencies last month.

[cravencottage] 17/4/2023 15:02

Another director buy..

50k.+....None too shabby!

[shauney2] 15/4/2023 22:41

OMG the sage of ADVFN is on the thread.I will wait with bated breath for is buy signal to as and when to buy back in.

[ny boy] 15/4/2023 08:21

Haven’t bought in yet but keen to try for a bit lower around 100p if possible

[cravencottage] 14/4/2023 17:26

At these prices I don't think you can go far wrong (Famous last words)

Here's hoping for a good TS in May.

[wiltowin] 14/4/2023 16:54

Took another chunk of these today as they're a money making machine going forward imho.

[davr0s] 13/4/2023 17:06

We own these in the invest club - for over 10+ years on and off. Trouble is central banks refuse to let zombie companies go to the wall

[cravencottage] 13/4/2023 16:56

well hopefully this puts a floor under the share price