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) has updated on research (which chimes with our current view) of “a difficult 2016” ahead for UK companies. This follows the ‘Red Flag Alert research’ of this, the UK's leading independent insolvency firm, showing businesses ending 2015 in a challenging financial state and noting a difficult combination of factors for 2016.
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Comments
Alex
Begbies is a serial underperformer with a very poor return on equity, with ever-expanding paper issuance to pay for dubious acquisitions … I’m surprised you back it? Interest rate rises would certainly help them, but given that your outlook is for more economic turbulence in the world, how likely is that?