Updates

Begbies Traynor

January 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Insolvency practitioner Begbies Traynor’s update revealed a strong increase in turnover from £37.5m to c. £52m in the six months ended 31 October with pretax profit expected to rise from £5m to c.£8m. As previously guided, full year results will have a second half weighting, with the latest insolvency statistics for October 2021 showing CVLs (company voluntary liquidations) 85% higher than in October 2020 and 19% higher than October 2019, offsetting a lower level of administrations.Net cash rose from £0.7m to £1.2m even after acquisition and deferred consideration payments of £3m, leaving plenty of firepower for more deals.Shore Capital forecasts pretax of £11.5m and eps o ...

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2022 New Year NAPS Eight selections

Begbies Traynor (January 2024)

Begbies Traynor (September 2023)

Begbies Traynor - Business insolvency specialist eyes rising administrations (July 2023)

Begbies Traynor (September 2022)

Begbies Traynor - Corporate insolvency specialist beating expectations (July 2022)

Begbies Traynor - Insolvency practitioner eyes spike in business following furlough closure (September 2021)

Begbies Traynor - Provider of corporate insolvency services sees ballooning demand (August 2008)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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