Begbies Traynor Share Discussion Threads

[wiltowin] 02/7/2024 17:00

My charts are flashing it's a screamer of a buy..

[2bluelynn] 02/7/2024 13:07

Any chart Gurus out there ? If you look at the three year chart it's right at the bottom nearly ... ? Puzzling

[2bluelynn] 02/7/2024 13:05

Still waiting Peddlers .... At a quid now !!

[wiltowin] 01/7/2024 10:18

Oz also seeing the tide coming in..

For the nine-month period from 1 July 2023 to 31 March 2024, the Australian Securities and Investments Commission (ASIC) tracked 7,742 companies entering external administration – a 36% increase on the previous corresponding nine-month period.

During this period, as in common to the UK construction and accommodation and food services industries represented the greatest number of company failures, accounting for nearly 28% and 15% of the total.

[dodger777] 28/6/2024 15:16

Taken sone at a fraction over a £1
It seems ridiculously cheap but of course famous last words and it goes even more ridiculously cheap 😬

[wiltowin] 27/6/2024 13:04

Irish insolvencies up 25% in last 6 months compared to 2023..

hxxps://www.rte.ie/news/business/2024/0627/1456850-insolvencies-up-25-in-first-half-of-the-year-pwc/

[wiltowin] 27/6/2024 09:12

SP should definitely be north of where it's at now imho.

[peddlers] 27/6/2024 08:46

Market analyst median target has BEG to reach £ 1.70.

[peddlers] 27/6/2024 08:42

Bears definitely running out of steam on this one. When this turns it will be swift.

[wiltowin] 27/6/2024 08:23

Maybe fortunate for beg but unfortunately for retailers..

Chief executive Daniel Ervér, who took the helm in January, said: “The situation in the world around us remains uncertain and households continue to have high living costs.”

H&M has been under pressure for more than a decade, losing its crown as the world’s largest fashion retailer to Zara owner Inditex as well as grappling with weak profitability and high inventory levels.

It has also had to contend with competition from new low-cost retailers such as Shein and Temu.

Although the group was in a “robust financial position”, Ervér warned that the group was likely to suffer from external factors that would hit purchasing costs. These included materials and foreign currency.

“This will have a more negative impact than we expected in the second half of the year,” he said.

[wiltowin] 27/6/2024 08:17

Sentiment won't be great in the retail sector going forward based on the world's 2nd largest retailer..

Shares of H&M plunged more than 14% on Thursday morning after the company reported a smaller-than-expected increase in second-quarter profits.
Operating profit for the period between March and May came in at 7.1 billion Swedish kroner ($672 million), below the 7.37 billion Swedish kroner anticipated by analysts.
The world’s second largest retailer also cast doubt over its June sales and full-year profit margin target.

[peddlers] 26/6/2024 22:12

Just checking client sentiment on IG and its 100% long at the moment.

[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