Begbies Traynor Share Discussion Threads

[spaceparallax] 24/10/2008 11:16

A3,

I think you'd better start eating - right now the Mkt doesn't seem to give a jot for fundamentals or niche outlook!

[aughton 3] 23/10/2008 12:49

red flag stats out christ if these things are not over £2.50 in 6 months i will eat my hat!!!!

[juju43] 23/10/2008 12:35

back on my radar

[juju43] 09/10/2008 18:28

maybe not yet

[juju43] 09/10/2008 18:28

maybe not yet

[sprattyken] 09/10/2008 18:26

missed it?

[juju43] 07/10/2008 12:36

looking for my re-entry point

[spaceparallax] 07/10/2008 12:03

In a car accident sort of way - it's tough out there right now Ken.

I suspect that any share that supports quite a bit of debt is coming under genuine sell or shorting pressure. I can't really see BEG having internal problems, but I do remember their staffing bill being high, which might offer exposure to cashflow if invoicing isn't strictly controlled.

[sprattyken] 07/10/2008 10:25

Interesting

[sprattyken] 04/10/2008 12:28

I agree.

They have accumulated so many insolvency businesses over the past few years. It's hard to tell how busy they could get....this seems to have stopped.

Also their competitors don't have to be so open about their activities as they are not listed.

I think this is a great 3 year buy and hold.

[spaceparallax] 03/10/2008 10:10

A3,

I agree, but with the caveat that they will have a ceiling to throughput and as a result BEG will do well, but not astronomically well.

[aughton 3] 02/10/2008 12:48

md the amount of companies going under is at a record rate and is not going to slow down, hence scope for significant upside here

[mdchand] 02/10/2008 11:14

Aughton - its all a bit messy really. Some investors I look after invested in some rental space let to a logistical company. Said logistical company sold itself to a third party last year at a very inflated price. Subsequently transpired that the company was sold under false pretences based on misinformation, leading to nil credit rating, when previously it had been A rated. Suffice to say banks pulled the plug, reposessed the properties, previous directors have gone to ground and everyone is in pooh, apart from the administrators who are raking in fees. Who says white collar crime is a victimless crime......

[aughton 3] 02/10/2008 09:52

mdchand sorry to hear that, the red flag statistics will be out shortly, if anyone has any doubt may be worth looking at the last quarter figures

[mdchand] 01/10/2008 17:29

regrettably, my company is having to use the services of these people on behalf of third party investors. With falling consumer demand, increased lending costs, restrictive credit terms, the amount of companies having to use their services will only increase going forward.

[aughton 3] 25/9/2008 09:39

i would suspect Vantis has little turnover in Business recovery compared to Beg

[ladyfarmer] 25/9/2008 08:19

Good to see resilience in BEG sp, counter cyclical trading conditions confirmed by Vantis, who have just issued this positive AGM statement:
VANTIS PLC
("Vantis" or "the Group")

AGM Statement

Vantis, the AIM listed accountancy and professional services group, will hold its Annual
General Meeting at 9am today at The Old
Sessions House, 22 Clerkenwell Green, London EC1. During the AGM the Chairman, Paul Gourmand,
will make the following statement:

"The counter-cyclical nature of the Vantis business model ensures that even in challenging
economic periods, such as now, the Group
continues to perform in line with management expectations. Whilst the speed of the unfolding
credit crisis has been fast, the high-levels of
service that Vantis provide are still required by new and existing clients.

Our growth strategy continues to focus on developing all our service lines across the
United Kingdom and meeting our clients' needs.

As mentioned in our Trading Statement in May, the Group has performed well during the
increasingly difficult business environment and
has continued to improve service quality and engagement selection whilst focusing on high
quality earnings. Some areas of the business have
in fact proved very robust in these markets - for example Business Recovery has recently seen
an increase in activity. The recurring
business model that Vantis adopts ensures the Group's overall prospects remain encouraging and
we continue to gain a good reputation for our
high level of service and market leading expertise.

It is prudent to be cautious in these times of unstable financial markets however the
Board remains confident that the Group should
continue to perform in line with management expectations and I look forward to providing
further detail at the time of our interim
results."
As Vantis have double the T/O and profits of BEG, anyone any idea why Vantis are doing so badly at 1/3 market cap? I'd expected them to at least track BEG.

[juju43] 16/9/2008 22:26

because i need a buying opp. to get back in at a lower price

[nhojrellek] 16/9/2008 21:58

what is happening with the share price..given the melt down that is happenning around us, why is begbies with its insolvency operations, falling to its lowest for quite a while

thanks

[spaceparallax] 16/9/2008 14:39

Interesting sharp dip with prompt correction - no doubt we'll fall below 165p as so typically happens after issues, but should be okay in the medium term.

[spaceparallax] 12/9/2008 13:53

Given that the share price is at a pretty elevated level, given these difficult times, most PIs will be okay and perhaps it is beter to view this as providing nearby firm support.

These should still do well.

[aughton 3] 12/9/2008 13:35

NOT FOR PI'S WHO BOUGHT AT HIGHER LEVELS, ENABLING SCAP TO GO SHORT ON THERE BOOK STINKS

[spaceparallax] 12/9/2008 13:27

I often feel that way, but on this occasion feel that 165p is a very good placing price.

[aughton 3] 12/9/2008 12:45

shareholders get shafted again

[thickasmince] 03/9/2008 23:31

So they've brought the AGM forward. Probably Mr Traynor cheesed off at this typical volatile share performance(he has gone public on this matter some time ago) The future still looks good regarding gloomy scenario. Just ask Mr Darling.