By Tom Winnifrith & Steve Moore | Monday 6 October 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 (BEG), the UK's leading independent business recovery practice, last week warned of “lower year on year revenue which has been partially mitigated by the contributions from recent acquisitions” and that “insolvency market conditions remain challenging, which may impact on performance for the full year”. This is no great shock but has seen the shares ease by c8% to 50p but with a longer-term outlook that is more encouraging this is a chance to make a good long term investment at an attractive price.
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