3057 days ago
Jabba The Hutt may be on the board of Bacanora (BCN) but I was quite polite about the company in my Questions for David Lenigas session HERE. And here is Bacanora putting a decent investment case for itself. Enjoy
3556 days ago
Investment Case: As the UK's leading independent business recovery practice, Begbies Traynor (BEG) has been unsurprisingly adversely impacted by a low interest rate environment and lenders being unable or unwilling to crystallise losses. However, the company has restructured and remains profitable and cash generative, with an attractive dividend and undemanding rating based on its current performance. There are though now also signs that things are turning in its favour - “the expectation of an increase in interest rates over the forthcoming months has escalated recently” and with it “also retain the capacity and expertise to handle an increase in activity levels should they arise, which would result in improved profitability due to the inherent operational gearing in the business”. As such, at a current 53p offer price, the shares are a buy. Here's why.
