Begbies Traynor Share Discussion Threads

[wiltowin] 26/6/2024 18:38

Maybe nearer the results day in July then we'll get the fuse lit..

[porky9] 26/6/2024 17:54

You wonder at what point this one will break the down trend, £161m MCap, acquisitions have turned out well, revenues up, profits on increase, market outlook for business let’s say fragile = continuing conditions for this business look solid. Crazy

[wiltowin] 26/6/2024 17:02

The UK is about to enter recession it's why they called a surprise election before the figures hit..

[wiltowin] 26/6/2024 09:49

Same problems in another country..

hxxps://www-fxstreet-com.cdn.ampproject.org/v/s/www.fxstreet.com/amp/analysis/france-economic-weight-of-corporate-bankruptcies-high-levels-to-be-put-into-perspective-202406250952?amp_gsa=1&amp_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=17193952372296&referrer=hxxps%3A%2F%2Fwww.google.com&ampshare=hxxps%3A%2F%2Fwww.fxstreet.com%2Fanalysis%2Ffrance-economic-weight-of-corporate-bankruptcies-high-levels-to-be-put-into-perspective-202406250952

[jellypbean] 25/6/2024 15:05

It was priced as a hedge for a deep UK recession, that has not really materialised, IMO.

[amanitaangelicus] 25/6/2024 14:36

Did they overspend then? Hence the share price tumble? Too many gravytrainers.

[wiltowin] 24/6/2024 10:05

Spending power will be on the back foot for the years ahead..

hxxps://news-sky-com.cdn.ampproject.org/v/s/news.sky.com/story/amp/general-election-2024-conspiracy-of-silence-from-tories-and-labour-over-tax-plans-in-manifestos-thinktank-ifs-says-13157900?amp_gsa=1&amp_js_v=a9&;usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=17192233004867&referrer=hxxps%3A%2F%2Fwww.google.com&;ampshare=hxxps%3A%2F%2Fnews.sky.com%2Fstory%2Fgeneral-election-2024-conspiracy-of-silence-from-tories-and-labour-over-tax-plans-in-manifestos-thinktank-ifs-says-13157900

[wiltowin] 24/6/2024 07:04

hxxps://www.fticonsulting.com/insights/articles/insolvencies-well-above-pre-covid-levels-rising

[wiltowin] 24/6/2024 07:01

hxxps://amp-dw-com.cdn.ampproject.org/v/s/amp.dw.com/en/germany-sees-company-bankruptcies-soar/a-69358663?amp_gsa=1&amp_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=17191713424391&referrer=hxxps%3A%2F%2Fwww.google.com&ampshare=hxxps%3A%2F%2Fwww.dw.com%2Fen%2Fgermany-sees-company-bankruptcies-soar%2Fa-69358663

[wiltowin] 21/6/2024 07:46

It's pandemic

hxxps://www.thestandard.com.hk/breaking-news/section/4/217651/Hong-Kong-bankruptcies-hit-highest-in-two-years

[aleman] 21/6/2024 06:46

More than 1 in 5 (22%) trading businesses reported that their turnover had decreased in May 2024 compared with April 2024, which is broadly stable from last month; in contrast, 17% reported that their turnover was higher, while the proportion that reported turnover stayed the same was 52%.

Businesses were already struggling. A net revenue balance of -5 last month suggests intensifying difficulties. While today's retail sales figures are positive,they've been a bit erratic and the 3 months on 3 months a year ago figure is -0.1%.

[wiltowin] 21/6/2024 06:10

hxxps://www.specialityfoodmagazine.com/business/how-many-food-and-drink-businesses-have-shut-uk

[aleman] 19/6/2024 08:17

The monthly numbers were mixed but it still looks like the underlying trend is probably upwards. Don't forget that BEG have been gaining market share in recent years.

[suetballs] 19/6/2024 08:13

Shame the share price isn't on the rise!
Extremely disappointing imo.
Suet

[wiltowin] 19/6/2024 07:56

Company insolvencies in Scotland rose by 22% year-on-year in May 2024, reaching 118.

The latest data from the Insolvency Service showed this was comprised of 71 CVLs, 43 compulsory liquidations and 4 administrations. There were no CVAs and no receivership appointments.

The total insolvency rate in Scotland in the 12 months to May 2024 was 53.4 per 10,000 companies on the effective register. This was up by 1.3 from the preceding 12 months ending May 2023.

[jellypbean] 18/6/2024 21:08

Anyone know how cannacord got to to that valuation? Its quite an increase in the multiple of current EPS unless they were expecting higher earnings growth is it not?

Ah. I found a forecast from 2022, where they were predicting 49% YoY adjj. PBT growth.That is looking somewhat optimistic at present. Pity, I'm underwater on this one.

[wiltowin] 18/6/2024 18:51

hxxps://www.insidermedia.com/news/national/jobs-saved-as-specialist-landscaping-company-sold

[route1] 18/6/2024 13:23

If I am correct, that same target price was set over a year ago.Considering the dire state of the UK economy, then and now the performance has been very disappointing .

[wiltowin] 18/6/2024 07:59

Economic headwinds including rising costs, along with new regulations, tighter lending and higher borrowing rates, will keep pressure on companies. This, in turn, raises the risk of defaults and bankruptcies.

[doobz] 17/6/2024 14:47

Took a bite of these today, latest results this looks well overdone

[wiltowin] 17/6/2024 10:13

The number of corporate bankruptcies in Germany has risen sharply, continuing an already upward trend. A tough financial climate impacted by global events is believed to have irreparably damaged many firms.

I'm sure similar circumstances apply within the UK.

[rob762243] 14/6/2024 17:37

This is crazy

[ptolemy] 06/6/2024 14:10

Canaccord Genuity set a target price of 175 GBX for the company, which when compared to the Begbies Traynor Group plc share price of 108 GBX at opening today (06/06/2024) indicates a potential upside of 62.0%.

[wiltowin] 05/6/2024 16:26

hxxps://www.retail-jeweller.com/news-and-insight/breaking-news-shaun-leane-falls-into-administration-05-06-2024/