Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Did anyone attend the Webinar, missed myself so any update would be good..
Cheers
Breaking year highs again!
Begbies Traynor will host an Investor Webinar and Q&A on Wednesday 9th June @ 10.30am with Ric Traynor (Executive Chairman) and Nick Taylor (Group Finance Director) presenting.
Register here: https://www.equitydevelopment.co.uk/news-and-events/begbies-traynor-investor-presentation-9th-june-2021
I am a fully clothed trader and will also be keeping it for the long term, one of the best stock picks that is in my small potfolio / watch list..
Naked Trader saying on his latest update that he has bought more BEG and will be looking to keep it long term in his ISA.
Lovely SP action today
There has been a steady flow of positive news, and on this FY update there is a new note published by Equity Development with 165p / share still seen as fair value. Free access to read, here: https://www.equitydevelopment.co.uk/research/comfortably-ahead-of-market-expectations
I think the next nudge up will come if they announce a further increase in the dividend to 3p or higher. Although I'm also happy for them to retain cash for the acquisitions they keep making.
Great update, could see further year highs from here?
"Results expected to be comfortably ahead of market expectations...current range of analyst forecasts for revenue of £77.1m-£78.5m and adjusted PBT of £10.5m-£11.1m".
After the strategic and earnings enhancing acquisition of finance broker MAF , Equity Development adjusts forecasts and think 165p/share is a fair value for a well-run and diverse professional services group. Read new research note / listen to summary here: https://equitydevelopment.co.uk/research/latest-deal-enhances-revenues-and-relationships
i think the market is waiting for the results.
although i do think that 2022 will be a bigger year for BEG than 2021.
we will see.
Very strange reaction to acquisition news. Its another great deal with performance conditions. The price always wobbles when these sort of deals are in negotiation but this was great negotiation and benefits both parties involved. Stockopedia thinks the market is substantially undervaluing BEG even on current growth and should be re-rated. If I had a pound for every time I hear that etc, but true enough here
There's a bull flag and a cup & handle on the daily chart, so only a matter of time I guess. 115p is a major support zone.
Dividend 7th May hopefully will start moving up after this
I seen this article posted on this is money app too.. I would say BEG will be very busy over the next few years..
I think this share is one to tuck away for a few years tbh..
Red Flag Alert makes grim reading as 100k more cos enter significant financial distress in Q1. 'The dam of zombie businesses could be about to break' says Begbies. As an insolvency leader BEG will be busy but remember that as a diversified Group it also advises healthy companies who can flourish and grow in the UK recovery:
https://www.equitydevelopment.co.uk/research/upgrades-after-drp-acquisition
After todays RNS and recent highs being tested, this is a coiled spring..
Its amazing the businesses effected by the pandemic, watch millionaire Pawn last night and a guy trying to sell his Rolls Royce used for Weddings just to stay afloat.. Sad
£560k trade at top prices earlier may have pushed it up
Incredible move if this is just Berenberg upgrade. They don't often have this effect usually the reverse. Naked trader says he top sliced last week, but I think Stockopedia mentioned we could see £1.70. Hoping this is worth hanging on to long term myself.
Always a good sign when Brokers initiate!
looks ok to me.
a long way to go for this one, wait until the bad news hits the media then you will really see it fly.
Nothing it has risen from 103p in the last month or so to break resistance last week at around 117p and touched 123p today...
Patience.. hold it for 1-2 years min... and you will be plus 40% increase in SP I am sure,,
What is holding this share back?
Seems like it’s breaking out from year high