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GBG Gb Group Plc

272.40
4.40 (1.64%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gb Group Plc LSE:GBG London Ordinary Share GB0006870611 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.40 1.64% 272.40 271.60 272.40 272.60 267.20 270.20 672,368 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Programming Service 278.81M -119.79M -0.4743 -5.73 686.51M
Gb Group Plc is listed in the Computer Programming Service sector of the London Stock Exchange with ticker GBG. The last closing price for Gb was 268p. Over the last year, Gb shares have traded in a share price range of 203.40p to 332.20p.

Gb currently has 252,577,656 shares in issue. The market capitalisation of Gb is £686.51 million. Gb has a price to earnings ratio (PE ratio) of -5.73.

Gb Share Discussion Threads

Showing 8501 to 8525 of 8525 messages
Chat Pages: 341  340  339  338  337  336  335  334  333  332  331  330  Older
DateSubjectAuthorDiscuss
25/3/2024
06:18
Trading update 23rd April 2024.
hotfinance14
18/3/2024
08:52
Adding on the recent retrace.
lomax99
08/3/2024
16:45
So about 5% of the stock just changed hands, unusual thing to do as open market trading. What is going on I wonder, rns to follow no doubt.
marktime1231
08/3/2024
16:18
Just spotted them,About 11 trades totalling 12m just after 10am all at 260p.
hotfinance14
08/3/2024
16:10
Probably movement of holdings from one II to another. Quite a few major holders over 7m.
aishah
08/3/2024
16:01
Jeez...was there one large trade and what amount ? I assume it must be a Institutional Investor.
hotfinance14
08/3/2024
10:37
Massive volume just gone through- highest in its entire history- hopefully a change in the short term trend
se81
12/2/2024
08:21
If you email our CFO i am sure he will explain it.He has always replied to my queries.
Email address is on the website.

hotfinance14
09/2/2024
11:56
That may explain some of my confusion but I haven't seen where the board were outlooking for revenue growth skewed so heavily to H2. The modest 8% growth in H2 is not my figure, I read it somewhere in a board statement or an analyst report.

Even if revenue does jump like that I still do not understand how a consensus adj op profit of £60M translates to an adj eps of 15p.

marktime1231
08/2/2024
16:43
Hey MarktimeNot certain if this will help but GBG's performance is not linear. Turnover is heavily skewed to last half (more specifically last quarter). This might explain the £10m difference in your calcs. Previous years, the split on total revenue between H1 and H2 has been circa 45% : 55%.The last quarter performance hockey stick effect is (if I remember correctly) a very historic issue linked to large public sector accounts renewing in the March month.
expleaseme
08/2/2024
09:59
Looking for rainbows here, but recent news of potential bid for Onfido (GBG competitor) and view of the FinTech space makes interesting reading.https://sifted.eu/articles/uk-fintech-onfido-acqusition-talks-news
expleaseme
03/2/2024
09:55
Thank you, here is the link for future reference ...



Although I have to say it doesn't add up:

1) Total voting rights eg shares as at 31 Jan 2024 was 252,575,253 as per the rns



2) Half way adjusted profit was £23.7M according to the trading update



3) So a full year adjusted operating profit, with modest 8% growth in H2, gets us to £49.3M.

4) Adj eps = adjusted op profit / shares = 49.3 / 252.575 = 19.5p. That was the basis of my estimate on 30 Jan post #8224

5) GBGs "expectation" from the above link to consensus forecast gives a median of £60.2M adj op profit (eh - where did the extra £10M come from?). And yet they give a median adj eps of just 14.8p, equating to only £37.4M of earnings.


Have I got my sums crossed?

marktime1231
03/2/2024
05:48
Thanks for info. So far I am happy having invested a few months back largely because Herald had a large stake.
amt
03/2/2024
05:40
Some good turnover here lately large trade announced after close
charlotte2020
02/2/2024
18:37
Good to see a substantial bounce these last few weeks, I am reminded that IC called a Sell in October, they more or less called bottom!
Unfortunately we came in at 810p so long way back up.

wad collector
02/2/2024
12:52
The market expectations are found in the investor section on the website ((Analyst Coverage & estimates). The median EPS for the 9 analysts covering GBG is 14.8 for FY24 and 17.1 for FY25.
It will be interesting to see how the new CEO moves things on. It seems that there's a line under the unfortunate acquisition of Acuant as most of the senior execs involved have been moved on

skanking
30/1/2024
14:41
Yes ur last sentence nails it share price will follow market sentiment up or down and will only move thru the gears when reports suggest they are back on track
seanyboy
30/1/2024
12:25
It is a fair point. Very easy to say "in-line" without referring to what the expectations are, and they are not easy to find. It would be more helpful to remind us what the full year expectations are, or link to where we can find them. As far as I can see Edison are no longer being paid to cover GBG.

The outlook summary in the annual report last year said there was confidence in hitting FY24 profit expectation but also gave no numbers. In October we got ...

"Overall, we expect first-half adjusted operating profit of approximately £23.7 million. The ongoing focus on simplicity and efficiency underpins the Board's confidence that GBG will deliver its FY24 profit expectations"

... so again no numbers. The previous narrative was for slightly improved revenues in H2, we got a slight contraction in H1, but modest progress in operating profit thanks to "efficiencies". I seem to remember at half way being disappointed that hitherto tremendous debt reduction progress had stalled.

My guess is we should expect FY adjusted eps of around 18-20p, so adjusted operating profit £46-50M. In other words a flattish performance. Good enough to sustain this level of share price but no more, it will take a much more exciting growth-based outlook to restore our fortunes.

marktime1231
30/1/2024
08:33
They already published them - no need for a repeat!
seanyboy
30/1/2024
08:14
If you search for the latest edison report you will see the figures.
hotfinance14
30/1/2024
07:25
What are the expectations. Why don't they publish them with these updates.
amt
30/1/2024
07:14
GB GROUP PLC

("GBG", the "Group" or the "Company")



Directorate change

Trading in line with expectations



GB Group plc, (AIM: GBG) the experts in digital location, identity verification and identity fraud software, confirms that, further to the announcement of 8 November 2023 and a successful transition period as CEO designate, Dev Dhiman has today formally taken up his Board position as CEO. Dev replaces Chris Clark who, as part of the CEO succession plan, has now stepped down as a director of the Company.



As expected, trading during the third quarter to the end of December 2023 reflected a continuation of the trends reported in the first half. As a result of progress delivered from our efficiency and simplification initiatives, the Board remains confident in meeting its FY24 expectations.



GBG will publish its full year pre-close trading statement in April 2024.

hotfinance14
09/1/2024
10:54
Quiet on here; chart looks very promising. Once over £3 I would venture a bowl to 4/5 level/
brucie5
22/12/2023
09:12
dunno but suspect this is a takeover target. debt reducing nicely after previous acquisition overpayment a couple of years ago
melody9999
15/12/2023
11:03
is that a inverse head and shoulders on the chart?
davemac3
Chat Pages: 341  340  339  338  337  336  335  334  333  332  331  330  Older

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