Begbies Traynor Share Discussion Threads

[corrientes] 20/8/2010 08:25

Well, at least this company's board of directors are interested in the share price. Presumably it's to do with incentivising the Partners.

[eburne1960] 30/7/2010 21:19

No you can't.

[rastapastamasta] 30/7/2010 11:09

Anyone know if you can buy this in an ISA?
TIA
rpm

[corrientes] 23/7/2010 12:26

Just a respite or has the worm finally turned ?

[clocktower] 16/7/2010 10:39

Because every partner is on a huge wedge as it is and they are used to being bully boys when they want to be.

[spaceparallax] 16/7/2010 10:26

Why don't the options incentivise?

[spaceparallax] 12/7/2010 10:16

Results are better than I'd expected, with good EPS and divi. My main concern is that they shouldn't be seeking further acquisitions IMHO. Now is the time to consolidate and reduce debt.

[corrientes] 08/7/2010 10:25

Its all down to sentiment IMO. In a bearish environment that's what its worth, like many, many others. Same results in a bullish environment and the price would be much higher. So the share price has nothing whatsoever to do with value. I can understand those who will negate everything they achieve as they've been hammered, but things do change.

[sscrabble] 08/7/2010 09:42

so great results and a promising future - results better than last year, when the share price was £1 , and much better than 2 years ago, when it was £2 ....... can someone explain the logic to me !!

[thorpematt] 08/7/2010 09:06

Yes the chart kinda contradicts the trading update - I might buys some whne it gets to zero myself.

[sscrabble] 01/7/2010 16:57

very consistent chart - should hit zero in about 8 months !

[spaceparallax] 18/6/2010 09:07

Couldn't agree more. It's ironic that an administrator can't see value in consolidation

[gb904150] 16/6/2010 07:37

how about less acquisitions and more return on (or even of) investment?

[rastapastamasta] 16/6/2010 07:29

The board seem determined to spend the £18 million loan facility as quickly as possible. An acquisition, new offshore office and teaming agreement all anounced very quickly. Is this why the financial officer is moving on?
rpm

[rastapastamasta] 08/6/2010 08:14

Just wondering if this:

"unsecured banking facilities totalling GBP35.0m, comprising four year committed revolving credit facilities totalling GBP30.0m and a GBP5.0m overdraft facility...leaving GBP18.8m of headroom within the new banking facilities. Total net debt, including all sources of finance, is GBP20.6m at 30 April 2010.
We are pleased to report...that we have successfully concluded our refinancing, which will enable us to consider both organic investment and acquisition opportunities, principally in the insolvency and restructuring sector."

is related to this?:

"The Group announces that John Gittins, Chief Financial Officer, has accepted a position as Finance Director of NCC Group plc."

rpm

[spectoacc] 07/6/2010 08:10

Was expecting a p/w; t/s looks fine.

[rastapastamasta] 01/6/2010 17:15

50p?
rpm

[spaceparallax] 24/5/2010 14:41

Cheers RPM - I am a fan of Fingers' balanced analyses.

[johnny1982] 21/5/2010 17:56

No reason for this fall? it seems to be drifting down markedly. I think this is ripe for a takeover

[bonio10000] 17/5/2010 15:45

BTW - as a rule, accountancy firms are purchased, in private transactions, for normally 1 x turnover - seems we are about there for BEG.

[bonio10000] 17/5/2010 09:53

Accountancy firm on 25 x earnings?

Man live - and the market is supposed to be rational.

[grahamty] 17/5/2010 08:22

Informer, from my City time, I'll tell you a possible reason. Big seller comes along, say 50,000 shares, prepared to sell at any price on a bad day. House Broker panics and calls company saying this will hit the price. Someone steps in to buy them, not ncessarily cos is the right timing, but to keep a line of stock off the market.

Bit cynical, but it does happen.

Alternatively, he thinks they are cheap..........but may stay so for a while

[informer] 14/5/2010 12:16

Agreed - but why does a supposed intelligent man with slightly more inside info than us mere mortals invest £50k of his hard earned dosh with the intention of making a profit - would you risk 50k on this lot ??