Begbies Traynor Share Discussion Threads

[juju43] 01/8/2008 11:00

this is in a medium term uptrend with no end in sight. i am looking for £3.
however for now it is overbought with rsi in 90's so i have taken profit and will re-enter lower down . i do not expect any major price slip

[papalpower] 31/7/2008 11:06

And there we go :)

[spaceparallax] 31/7/2008 10:11

Ken,

I'm sure that, like me, you adopt a philosophy of being content with your exit point if it seemed right at the time.

[papalpower] 30/7/2008 15:46

Getting nearer and nearer to that 200p level..............

[spaceparallax] 30/7/2008 12:56

can't blame you Ken, unless we see an increased broker target, this will be prone to downward correction in the short term.

[papalpower] 30/7/2008 12:25

Up and up :)

[sprattyken] 30/7/2008 11:58

I'm out for now.

[nhojrellek] 29/7/2008 10:48

Thank you mate.

[nhojrellek] 29/7/2008 10:47

thank you mate

[papalpower] 28/7/2008 12:04

Well, to be honest, its on a pretty racy rating already, however, you might see 200p+ and you might not.

A lot depends on how bad things are with the credit crisis, the longer it goes on, the more "exciting" the future of BEG is.

[sprattyken] 28/7/2008 11:57

Pass. There will be a lag between:

1. Credit Crunch
2. Company financing and business downturn problems
3. Actual insolvency increases
4. Improvement in Begbies results

We are probably around number 2 at the moment?

The share price will rise in expectation of 4, and has done so already. P/E ratio pretty high now and was actually considering selling some.

All those acquisitions may look good over the next 2 years though!

Holding for now.

[nhojrellek] 28/7/2008 11:40

How high is this going

[nhojrellek] 28/7/2008 11:39

how high is this going

[emptypiggy] 28/7/2008 10:18

Mr blue sky ,,,,, who wang that , answers on a postcard to oink oink

[sprattyken] 28/7/2008 09:35

Warm here too....lol

[papalpower] 28/7/2008 09:21

Off on the up again.

[juju43] 28/7/2008 09:03

blue sky , nothing but blue sky ...

[spaceparallax] 23/7/2008 16:25

I think we will suffer from substantial profit-taking from ATs set just below the 200p level.

[juju43] 23/7/2008 16:16

volumes here are trivial and leave beg vulnerable to big corrections

[papalpower] 23/7/2008 15:33

Going well today !! :)



Companies With "Critical Problems" Increase Almost 700 Per Cent


Begbies Traynor's Red Flag A!ert Statistics signal increasing difficulties for UK companies

Worsening economic climate results in seven times as many companies experiencing "Critical Problems" in Q2 2008 compared to Q2 2007

Over 4,200 companies experiencing critical problems in Q2 2008

Construction, IT and retail sectors suffering the most

Credit Crunch deepens with nearly 30 per cent increase in critical problems compared to Q1


Begbies Traynor, the UK's leading independent business rescue, recovery and restructuring specialist, today reveals that the number of UK companies experiencing "Critical Problems" in the second quarter of 2008 has increased substantially over the same period in 2007. Staggeringly, 4,258 companies faced 'critical' problems (those with CCJs totalling over £5,000 or Winding-Up Petition related actions) in the second quarter of 2008 compared with 542 as in the same period last year, an overall increase of 685 per cent.

The research also shows that conditions are getting more difficult as the year progresses, with an increase in the number of companies facing critical problems of nearly 30 per cent (28.68 per cent) in Q2 2008 compared to Q1 2008.

Ric Traynor, Executive Chairman of Begbies Traynor Group, commented, "The last set of Red Flag A!ert Statistics showed the effects of the credit crunch were just beginning to be felt by UK businesses. With credit conditions still tightening, these new figures demonstrate that the ................................