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GBGI Gbgi

114.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gbgi LSE:GBGI London Ordinary Share GG00BYQFSK24 ORD USD0.001
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 114.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
112.00 117.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 114.50 GBX

Gbgi (GBGI) Latest News

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Gbgi (GBGI) Discussions and Chat

Gbgi Forums and Chat

Date Time Title Posts
06/11/201808:25Global Benefits Group30

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Gbgi (GBGI) Most Recent Trades

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Gbgi (GBGI) Top Chat Posts

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Posted at 06/11/2018 08:25 by cwa1
Blimey, not much interest here!
Posted at 10/8/2018 07:29 by cwa1
Trading Statement



The Group saw continued growth in the business across its diversified product and regional footprint during H1 2018, recording year over year growth (adjusted for the Group's exit from the Angolan market in 2017) in gross written premium ("GWP") as compared to the same period in CY 2017.



The Group anticipates that GWP and underlying net income (adjusted for certain one-off non-recurring expenses) for the full 12 months to 31 December 2018 ("CY 2018") will be broadly in line with initial expectations.



The non-recurring, one-off expenses incurred in 2018 are estimated to be approximately USD $2.8 million including a USD $2.0 million investment in the Group's distribution channels.



Reporting dates



GBGI will be announcing its interim results for H1 2018 in September 2018.





Bob Dubrish, CEO of GBGI commented:



"We have a strong start to the third quarter and we are confident in our business model and that we are making good progress on our 2018 initiatives."
Posted at 26/4/2018 07:31 by cwa1
That's a fairly hefty commitment unless he gets a LOT of pocket money:-
Posted at 19/9/2017 16:55 by masurenguy
"Having only IPO’d in February, small-cap GBGI Limited (LSE: GBGI) flies under the radar of most investors. However, I’ve put this company on my watchlist today thanks to its dividend potential.

GBGI, or to use its full name, Global Benefits Group, is a leading provider of international benefits. In plain English, the company is a provider of insurance products such as life, health, travel and disability. Business seems to be going well for the group. For the six months to December 31, the company reported a 12.2% increase in gross written premiums, total revenue growth of 22% and a rise in pre-tax profit of 10.7%. The balance sheet also looks robust with a solvency ratio of 160.6% reported at the end of the fiscal first half.

It looks as if this positive trading performance has continued into the fiscal second half. According to a trading update published today, for the full year, revenue is expected to be 23% higher year-on-year and the value of gross written premiums exceeds $200m. Based on these early numbers, management plans to announce GBGI’s maiden dividend alongside its full-year results, which are set for release in a few weeks. City analysts are highly optimistic about the company’s dividend prospects. Indeed, an initial dividend payout of 11.2p is projected, which implies a dividend yield of 6.9% based on GBGI’s share price at the time of writing.

It is still a relatively small business compared to rest of the global life insurance market. In 2015, the market had total gross written premiums of $2.5trn, so at the current run rate of $200m, the group’s market share is less than 0.01%. This means the firm has an enormous runway for growth ahead of it as it captures market share, and that’s why GBGI has made it onto my dividend-growth watchlist."
Gbgi share price data is direct from the London Stock Exchange

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