||EPS - Basic
||Market Cap (m)
|Software & Computer Services
GB Group Share Discussion Threads
Showing 6626 to 6649 of 6650 messages
|Indeed - 278 looks a good short term target IMHO|
|The recovery has begun.|
|I've read and read again the pre close statement and what is there not to like, I just don't get the drop at all, say it had settled at £3 then ok £2.9 ok but to keep going, This just feels not right..... And who is mopping up all the buys......
Time will tell, personally have added as was a seller above £3 not that I sold much.
Good luck all|
|Massive 554869 trade just gone through at £2.40 (10.26am). Is this the end of the selling? LV2 currently has nothing after 242 until 248.|
|even NCC is up today|
|Let the bounce back begin!|
|on HL website states finncap re-iterate buy with a target price of 350p dated 20.10.16.
as someone far wiser than me said on this BB yesterday: what would have happened if the RNS stated a profit warning?
NCC, LRD, HAYT - all issued a profit warning and share price reacted accordingly.|
|Markets decided it's gone ex growth imo (well at least a growth assumption that was baked into the price). Quality company but all trends roll over at some point (even if it's still growing eps). It may well bounce from here but I think the days of ever upwards pricing are probably past for the time being (though it could of course get bought out at some point). I got stopped out yesterday at the open and plan to remain on the sidelines|
|This is getting beyond the pale. The share price has fallen 30% in two days on what news? The directors have advised about two points 1) The published results for H1 to Sep 30 will accord with market expectations and 2) Revenue lagged a little due to a delay with the Gov UK Verify project, going live. Presumably, the 7 other service providers to the project were similarly affected? In fact the delay from Beta testing to live implementation was a couple of months and it went live in May I believe.
Now I'm guessing that the UK Gov contract is fixed price based on certain milestones, with either rental of Citizensafe charged periodically and / or on a unit verified basis. The question arises did that delay represent 30% of so of GBG's revenue and profit? Surely nothing like it or am I missing something?
The ID Scan acquisition was only announced end June and was unlikely to have been completed until late July. At best, there might be £0.5m ID Scan revenue consolidated but the 'exceptional' (fundraising) cost of acquiring ID Scan by GBG would have more than set off its consolidated operating profit.
All in all, this share has been significantly oversold imo, and hopefully, the directors will put out an RNS (that they know of no reason etc) to assuage investors' concerns.|
|hard to say where the next entry point will be - it's been such a ride on this stock and and this is it's first big tumble in a long time! I get the feeling it will continue south - today's trading proves that our beloved gbg has fell out of favour. Every dog has its day!|
|And we begin to fall.
Hold tight people - the rocket ship ends here.|
|Well that was a bad trade costing me 4% guess its going to 240? Gotta use those tight stops in these volatile markets!|
|I've been thinking a bit about whether Richard Law can provide us any clues here. From the 26/9 RNS:
The Company announces that Richard Law (GBG's retiring Chief Executive Officer) has today notified the Company that he has exercised options over a total of 243,458 Ordinary Shares awarded in 2013 under GBG's Share Matching Scheme(*) .
Following this and the transaction detail below, Mr Law has increased his beneficial holding to 1,429,237 Ordinary Shares (which represents 1.07% of the issued share capital of the Company) and continues to have options over a maximum of 653,536 Ordinary Shares.
In line with the usual practice, he sold 134,250 of the Ordinary Shares exercised at an average price of 348.112 pence per share to cover the exercise costs incurred and tax liabilities arising in respect of the exercise of these options.
If he is still a net buyer of the shares only 4 weeks ago (he could easily have sold these options citing pending retirement) this suggests to me that he doesn't feel there is an issue here. On a separate point I bet he wants to go out on a high (especially given his remaining interest) and will be working hard to ensure these last few months are a strong finish - he's hardly going to want to go out on a warning.|
|some had previously suggested that gbg would be snapped up by a competitor. Well shouldn't that be now!? What price though?|
|Had a few for my breakfast after researching lastnight. Paying a high price for quality imo.|
|Thats what happens to small cos on SETS|
|Business as usual update results in an 18% drop in SP! Good thing it wasn't a profit warning.
"The Board remains confident in the outlook for the full year"
I look forward to the results next month and trust they will not be on the same date as a NCC annoucement... suspect dubious read across accounted for 10%+ of the fall here today|
|Didn't expect this and can see no good reason behind it, so will move more cash in, still think someone wants in cheap|
|a few big buys late on...let's see what tomorrow brings.|
|Quite - luckily not even 2% of my portfolio which gave a chance to add a little. Normally adding after a big drop is a big no no for me but it was a trading in line statement?! Not like it's the first time a government department has been slow on a rollout and it's not like all their work is with the private sector. This looks like a one off to me and it's not even GBG's fault.
Saw a similar thing with PHTM earlier in the year off a delayed Japanese ID card rollout. Share price dropped to £1.27, now £1.54 along with a 6p dividend. Can see a similar thing here IMHO.|
|yeah that's true! But nontheless we got tainted with what went on elsewhere - never catch a falling knife comes to mind but it should perk up at some point with results in just over a month - question is how low does it go before it perks up!|
|Not exactly bad news. Looking to add|
|I said any bad news and this stock would get mauled - well that day has come! It was some ride though!|
|To be down over 20% does seem over reaction but markets have been hammering any type of bad news for past year+.
I was stopped out this morning below 300p|