Begbies Traynor Share Discussion Threads

[aleman] 13/8/2019 10:35

Claimant Count up worryingly again. +28k.



Vacancies continued to fall.

[aleman] 08/8/2019 16:24

Not insolvencies, but another indicator that reflects the increasing financial difficulties people are having in England and Wales.

[aleman] 02/8/2019 21:48

Q2 UK individual insolvencies +7.5% in England and Wales.



Q2 UK corporate insolvencies +11.2% in England and Wales

[cravencottage] 30/7/2019 10:01

Red flag alert for q2!

More food and drink for Begbie share holders.

This should give a nice tail wind into September's Agm..

All the best

CC

[cravencottage] 28/7/2019 22:02

Slightly pi$$ed off that the man on the street/ us mere mortals weren't given a bite of the cherry in the share placing...However given the fact it wasn't fully underwritten presumably to save $$ Beg's gone down the "Institution only route"..

As documented above i'll reserve judgement on the this entire equation given the fullness of time however let's just say i'm quietly confident this will work out well for all shareholders given the additional institutional interest and how the market will now react to positive organic/acquisional growth opportunities.

[dozey3] 27/7/2019 17:29

Didn’t realise there was a recent share sale an over the placing price too. Not the sort of thing one expects from a well run company.

[edmundshaw] 27/7/2019 09:25

Agree. But if it just turns out it is to "satisfy (insti) investor demand" and raise cash in exchange for apparently expensive paper, then not hugely encouraging.

I see that the director Anthony Spencer sold 656,830 shares only a couple of weeks ago at 80p. Doesn't look good so soon before a placing at 75p...

[aleman] 26/7/2019 16:47

I think we should wait until we see the deal. Maybe bankers had insisted upon more cash or equity input into some deal that is lined up so BEG chose to go this route. Maybe reasoning will become more apparent when we see what the expansion entails. Yes, it is a little disappointing but it's nothing compared to how I've been ripped off in the past. If they announce a bigger earnings enhancing aquisition that needed banks onboard and a cash buffer in return for some bigger financing, it might turn out to be reasonable. I'll reserve judgement until the plan is clearer.

[dozey3] 26/7/2019 16:25

Bad form imo to ride roughshod over small investors; and building a war chest for no apparent reason might suggest past modest successes are leading to overconfidence. To find a deal and put it to shareholders with a rights issue is the way to go about it. As a long-term holder I am Disappointed, with a capital ‘d’.

[rimau1] 26/7/2019 08:16

Morning all, i’ve taken an initial position here, been waiting for an entry for a while. All sounds very positive and a good sign that they can raise cash at a small discount to the market price. I will continue to add on any dips, sounds like an acquisition is not far away.

[podgyted] 26/7/2019 08:06

Suggests some bigger acquisitions on the horizon? They're not exactly highly geared.

[runthejoules] 26/7/2019 07:52

Getting diluted is never fun & some obviously saw this coming but they've proved they can integrate new acquisitions so I look forward to seeing what they buy.

[aleman] 18/7/2019 17:07

They're saying market is down on trade war chat today but the US has actually had loads of profit warnings go through in the last 24 hours. I can only imagine that the economic outlook continues to deteriorate.

[cravencottage] 18/7/2019 17:03

Buy the dips..

With the waves of recession lapping up onto the shore BEG is sitting pretty..

Looking forward to the AGM and a nice robust forward outlook statement..

[aleman] 17/7/2019 11:29

So the forecasts for the current year and next have gone from 4.75p and 5.25p to 5.5p and 6.0p. That's only one broker so it must be what Canaccord are predicting.

[monty9] 16/7/2019 18:36

Looking at the recent price action I wonder if there may be a bid soon?

[aleman] 16/7/2019 12:09

Unusually, there seems to be quite a lot of AT trades today. They all seem to be buys, too. Does anyone know if that means anything?

[essentialinvestor] 16/7/2019 11:21

Little wonder we are looking perky!.

[aleman] 16/7/2019 11:19

Claimant Count continues to rise in recessionary fashion, +39k in just the last month.



Even ILO number saw 77k full-time jobs lost and some part-time. The unemployed are being pushed into "part-time" self-employment, which is booming, as the in-work benefits there are better.

The UK looks to be in recession. I assume GDP will be rvised down later, as were the figures at the start of th elast recession.

[essentialinvestor] 12/7/2019 12:08

Lovely week.

[aleman] 11/7/2019 22:58

free stock charts from uk.advfn.com

[cravencottage] 11/7/2019 22:25

defo in chart breakout territory now...

Cup n handle here we come..

£1 by Agm in late Sept imo

As always watch this space

CC

[essentialinvestor] 11/7/2019 14:28

IC say Buy fwiw.

[essentialinvestor] 11/7/2019 14:25

So 80 pence now broken though, earlier than I thought.

[aleman] 11/7/2019 13:18

Wow. 80.5/82.0. (ADVFN chart needs to catch up as is often the case.) Look at the big trades gone through.