BEG

Begbies Traynor (BEG:AIM) 173p TAKE PROFITS

The independent business rescue, recovery and restructuring expert has had a stellar run since we tipped it at 117p just over three months ago (May 27, ‘08), netting a 47.9% return. We are taking profits as its bull run appears to have peaked at 199.5p last week. Long-term investors may want to keep back some shares in anticipation of continued share price appreciation, as a marked UK economic downturn can only be good news for the Manchester firm, but it is worth banking this great profit given ongoing market volatility.