Begbies Traynor Share Discussion Threads

[adipsia1] 12/7/2024 14:42

Highly unlikely FRP buying BEG, not a good cultural fit.

[peddlers] 12/7/2024 13:49

Mike,

The website just shows indicative values.
His actual buys are very much higher in volume.
He is a well respected investor.
He does exceptionally well.

Ped.

[2bluelynn] 12/7/2024 13:38

He has tens of thousands of followers who tend to follow him in his buys . He does good research on company's and tops up on the winners along the way .

[clocktower] 12/7/2024 12:19

Nice to see the senitment has gone positive. Upwards and onwards then.

[gasheadmicky] 12/7/2024 08:36

The update was actually decent, just didn't move as there is weak sentiment around this share, anyone getting in at 99/100p doesn't have much to fear I wouldn't think, easy 10-20 pc to be made in next couple of months. NT buying at this level is good news although bear in mind he'll probably be out again at around 110.

[peddlers] 12/7/2024 08:27

Yes, nice to see the Naked Trader has bought into BEG.
I must admit when I read the report this week I felt very comfortable in holding.
They do look as though they offer decent value.
May add on the way up.

P.

[tomps2] 12/7/2024 08:20

Begbies Traynor (BEG) Full Year 2024 results presentation - July 2024

Begbies Traynor Group Executive Chairman, Ric Traynor and Group Finance Director, Nick Taylor present the groups final results for the year ended 30 April 2024 , followed by Q&A.

Watch the video here:

Or listen to the podcast here:

[2bluelynn] 12/7/2024 08:01

Yes I never thought of that and he does have a way of spotting these things ..... and many of them do happen ...

[dodger777] 11/7/2024 19:52

Interesting comment he made about FRP Advisory as a possible buyer of Begbies. Wishful thinking maybe but you never know.

[2bluelynn] 11/7/2024 16:01

I see Naked trader is back in at these levelsToo

[clocktower] 11/7/2024 13:01

Good to see the support, and although slightly in the red, very confident in BEG as an investor and not trader.

It is almost immposible to hit the lows without luck but here seems as good as any entery point.

[2bluelynn] 10/7/2024 17:40

If you look at the three year chart it looks to me like it's bottoming out . I would say a good entry point so I've bought a chunk and the hammer candle yesterday to me looked good with the small white candle today . I'm in

[wiltowin] 10/7/2024 15:24

You're going to miss out on an optimal entry point by sitting on ones laurals I believe.

[adipsia1] 09/7/2024 16:08

For buy and hold, long-term but looking for an optimal entry point, BEG is still in a downtrend. Forget intra-day charts, look out for breakouts on daily or preferably confirmed by weekly.

[adipsia1] 09/7/2024 16:05

I realise that there is a mixture of fundamentalist buy and holders and shorter-term traders around here, and I admit that I am a combination of both. I only invest in shares where the fundamentals appear good and the economy is on-side; then I use appropriate charts to time entries. On a stock like this, as a buy and hold, I would only consider buying on confirmation of an upside breakout from a sideways trading range on a daily or even weekly chart. I have read so many times on this thread that BEG are on the turn based upon intra-day data. It is madness buying on intra-day data if you are looking at buy and hold.For confirmation, irrespective of fundamentals in company or market, tBEG are still trending down, not even sideways in a trading range.

[boonkoh] 09/7/2024 11:44

My calcs forecast 10.7p EPS is conservative for FY25. That assumes only an organic growth rate of 5%, and no more acquisitions (which is unlikely), and no pickup in Insolvency volumes.Similar to what brokers have for FY25.I'm of the view these shares on average over time should be trading at 12x. So fully expect 130p to be hit sometime in the next 6-12 months.

[clocktower] 09/7/2024 11:09

Very disappointed to see the market react as it has with BEG.

Still it will bounce up agaun I expect.

[boonkoh] 09/7/2024 07:29

It's because of PIs that just look at the headline numbers, and are running because of what they see as low growth, moving into debt, and margin % decrease. And huge "adjustments", which normally is a red flag in other companies, but at Begbies had to be expected due to the way they do acquisitions.However, the story here is not in the headline numbers. The story is in the proven growth they can get via acquisitions. The strong operating cash generation. And the insurance blanket for an economic crash.Shpuld he trading at 12x PE easily, so I expect within the next 6 months to be back up to 120p or above.

[jdh1602] 09/7/2024 07:22

The price is now hitting a lower-bound long term trend line on the weekly chart, going back to 2016. That's surely got to be the lower limit, given that stocks always over-shoot to the downside and upside...

[dodger777] 09/7/2024 07:17

Not the reaction I was expecting..

[boonkoh] 09/7/2024 06:39

A peculiarity that tax rate increase can't be included in adjustments! As that's a factor outside management control and useful to show a truer YoY picture.Adjusted EPS would have actually increased by +0.5p instead of the headline -0.2p.Otherwise solid top line growth, and good operating free cash flow too, which helps to understand how strong the business will be after all the contingent considerations are paid.(I hold in the Boon Fund)

[clocktower] 09/7/2024 06:26

Strong outlook, which could well be understated I believe.

Nothing not to like.

[rimau1] 09/7/2024 06:05

And breath. Strong results, property advisory flying and more importantly a confident outlook statement. Now on 10x historic earnings, i shall be adding if we don't rerate