Member Info for portswigger

It should be flying yes... but it's the same old problem... there is no demand for the shares. It's a dribble.... you've only got to look at the daily transactions. And when did the last new poster appear on this board.? There is only a handful of us, that shows the interest. I have been a bit more confident, but the way things are falling at the moment I am beginning to think that better opportunities may be arising. I bought in again at the last drop in the early 80's so sat on a small profit and I have held due to recent sp stability whilst there is some much uncertainty elsewhere. If there is a brexit agreement or the noises are postive I think opportunity knocks elsewhere.

Yep, good luck with Apple.

I take some comfort that we haven't seen the drop ex divi. I think that's a good sign. Hoping for a Biden win in the USA as I think that will bring some positive sentiment/and stability to the markets rather than the turmoil that seems to follow Trump around. I agree that it looks like a perfect storm and taking off my begbies head I have real concerns about the economy and I think we'll see more talk of a possible vaccine to try and bring some positivity back. If there is a "failure of statesmanship" in achieving a brexit agreement I know of two friends who will probably lose their businesses that they have built up over the last twenty years.One of them may even be a client of Begbies but that's no comfort.

Yep, me to but I'm more confident than I have been. Good News that Beg have found a buyer for Wigan although it must have been a struggle in the current climate with dramically reduced revenue streams. So good PR there. I'm looking at around £1 in the next couple of months.

I think the SP is holding up pretty well considering the current market turmoil. It looks like the Govt is gearing up to provide more support which I thought had to happen. Sentiment seems to be turning away from equities and I can't see much of change in that perhaps until Brexit is decided. I still think a deal will be done if common sense prevails. I see Beg have been appointed joint re starfish commercial ltd. Also interesting that this is owned by Henry Boot. !!!

Can't see any reason for the drop at the death unless a undeclared large sell. Like I couldn't see a reason for the drop to 80p recently when I bought back in. As someone said it's probably the MM's having their bit of fun. I think mid 90's is it's current level so I may buy in again if it drops close to 80 in the next day or so. My slight concern moving forward is that the Govt may have to extend business and employment support measures especially if Brexit agreement continues to look like it's going west. Of my mates only a divorce lawyer, gardener and window and door manufacturer are doing well, many of the others are barely keeping their head above water with many facing ruin or redundancy... at that's in relatively affluent east Cheshire.

Oh No. It's me again. Sorry to disappoint when you thought you'd got rid of me.!!!
The falls have caught my eye. Interested to see how this goes and the effect when ex divi. Might be some money to be made.
Don't worry though fellas, If I do buy in I won't make it known and post. I wouldn't want to upset anyone.

OK. It was maybe a bad choice of words in hindsight. Apologies to TU

But to imply someone hasn't done their research and is bitter with no justification doesn't sit well with me.( Whether you think I'm thin skinned or whatever) There isn't any justification for it. I don't care whether you think I acted like a 19 year old. In fact I wish I was that age again.

If you read my posts I have never had a problem with other peoples view. As a shareholder all I ever did was express my onion, put up a few topics for discussion and outlined the reasons why I sold.

It seems that is too much for some people. Goodbye.

Anon:
Where did i say TU was being abusive ?
You are entitled to your opinion. So am I. We just differ.
Please don't do me a favour... I didn't ask for one. ( Your very kind though)
Congratulations on your 13% profit. Well done.
I'm not bothered about past performance. It's not relevant. If you've any experience you know that. It's the here and now that matters.

I didn't like the implication that I didn't do my research and am bitter. What is the point ?

You guys just seem be getting hot under the collar just because I disagree with you and sold for what I believe are perfectly valid reasons. Perhaps, I'm just a bit old school for you but you have done me a favour by reminding in the why I shouldn't post on these boards.

I don't think you understand mate.
Asking questions about my investment strategy/research is none of your business.
I just give my subjective view on Begbies nothing more or nothing less. Not my feelings on other posters who I don't even know.It seems that because I don't agree with you it irks you.

But as you want to know here it is. I ain't got nothing to hide

As I mentioned previously I have met Ric T. Been to his house in a small Cheshire village. I live 15 miles away. I asked about what he did and it stayed with me. .Considering Investments I looked around at what I felt were two companies to look at BEG and TAM. Both Divi paying companies which I tend to focus on rather than my punt money on the odd penny share. I chose both but much more into TAM who have a healthy dividend. Beg was one that I saw greater growth opportunity in the current economic climate and Brexit uncertainty. what I didn't quite get right was the lack of demand for shares which is always something high on my list. If you read my posts that has always been a concern. I thought it would change.... it hasn't.

So I did do my research. It just didn't pan out, share is on a downward trend so I sold. Like a stop loss.

I have invested for 30 years. Now 49. I haven't posted on boards until very recently mainly because shareholders generally see their company through rose tinted glasses and see past any problems that may occur and who knows who has what agenda.

I hope that answers your questions. It's the truth. Believe it or not.

PS. Your personal attack on me is not necessary and doesn't really contribute to this board.

Not at all TU. I tend to look at the facts. Begbies have been on a downward trend since May and still dropping when investor sentiment should have been at its highest.Unless you have large trance then the divi is next to zip.The fact remains and you can't deny it is that there is no demand for their shares or institutional interest in a dividend paying company. Compare that with other divi paying financials like . Patience has nothing to do with it. It's about us all making a decision with our own money.

I invested, looked at it, analysed it and sold. The demand for shares that I thought would come didn't. Nothing wrong with that

All I see is more of the same, hoovering up the small stuff, making profit paying a similar dividend but no one wants their shares so where is sp growth coming from. I wasn't prepared to hang in and continue to watch it drop and in my view there are were better opportunities out there. Isn't that what investing is all about. But I respect your view, different opinions are healthy and make the world go round. Good Luck

Typo - VLS should be EQT

Not very demanding LondonPicard are you ?. We've had two important RNS in the last week. Not much happens in August anyway. I think the last two were pretty good going

Fist all all well done to TU on the research. On the face of it good news. But here's my take on it. If you drill down into the company accounts most of the companies mentioned are very very small fry and will not be huge fee earners for Begbies and they'll just end shifting most of the assets through Eddisons that they get next to Zip for. Sadly, there will be lots of companies going bust but it will be those in debt and without much wool on their back. It's bitty, It's a hassle and it doesn't produce share holder value.

Begbies focus on the small stuff, it's profitable for them but not for relatively small PI shareholders. They don't get the big stuff or try to it seems.

I have reviewed my decision to sell, but I can't see a business model that is going to enhance shareholder value. Until I can see that or perhaps a opportunity for a takeover with further falls in the SP in the words of the great Deborah Meaden... I'm out.!

Well, I havent posted on here for a few days and to be honest XPB is putting me off. Is he playing devils advocate or just trying to be the centre of attention. All views are credible but to repeat oneself time after time week after week is a characteristic I would tend to worry about. If a shareholder it's pointless... no one is influenced by it and it ain't going to affect the SP. If not a shareholder then really... can't you find anything better to do.

People have invested good money in VLS and they should be respected.

Well, I said I wouldn't post because I'm not a shareholder anymore. ! CM persuaded me.

Directors buying especially Non Exec s is more interesting but the amount is not even a drop in the ocean. I did say before I left that I would look out for Directors purchases. If more buy I would take a bit more interest but one on its own means nothing hence no sp reaction MrB.But no one is going to spend £29K for nothing so for those still in it's positive and worth keeping an eye out for more.

What a ridiculous article from the fools. Anyone on this board could write an article like that. Someone gets paid for that......?. I ‘m in the wrong game.!

Well Good Luck CM. I hope I didn't influence you to sell today. I know I have been moaning and a bit negative for while . It's been frustrating to see the continuous downward trend for months now and proof it ever it was needed that a good financial performance and prospects is no guarantee of share growth especially when it doesn't generate share demand. I think there are many reasons for that. I apologise to this boards readers if they feel I have been a bit negative. I've just tried to be honest on my feelings and thoughts without any other motive. I don't feel its right to post anymore if I'm not a shareholder so good luck to all.

CM. I've sold. Your right.On reflection why wait for the divi, I can probably make that far quicker elsewhere. I've been with Beg a good while now and a small loss. It's become like watching paint dry for me and I can't see any light at the end of the tunnel and I can't put myself through it anymore. I know wb's quote abount the transfer of wealth from the impatient to the patient but I ain't got the patience of a saint. Best of luck to those who keep the faith. I may reappear in the 70's if the trajectory continues.

CM. I have for me quite a substantial holding in Begbies so the divi is worth waiting for.

I'm not far from Wigan in Cheshire and I don't think Begbies havent covered themselves in glory as regards Wigan. I meant the owners debt just coming to light in the news. It's just far to late to sort this out. But what do I know. I intially invested because I had some non business dealings with RT. He's a bright boy, but I have come to the conclusion that PI are well down the food chain and the SP is not a massive priority for them and looking around it's my feeling that there are far better money making opportunities in the market than Begbies. Just my view of course.