By Steve Moore | Thursday 6 March 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Begbies Traynor Group (BEG), the UK's leading independent business recovery and insolvency practitioner, has updated that “increased activity levels in the typically busier winter months and the continued benefit of prior year cost savings, leave the group well placed to deliver the board's expectations for the year as a whole”. With the shares having recovered from falling to sub 30p in June 2013 to a current 42p, what’s the outlook from here?
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