||EPS - Basic
||Market Cap (m)
|Software & Computer Services
GB Group Share Discussion Threads
Showing 6651 to 6673 of 6675 messages
|Back to 300p soon.|
|Testing 250p now.|
|Just needs to be managed better, nobody turns down revenue|
|Sounds like they should of never taken the contract on.|
|They also said that they are taking a prudent view on the government contract role out. Obviously have a lack of confidence in how this is going to run.|
We increased the operational spend on product innovation and development which has kept us ahead of our competitors and resulted in a number of significant new product releases.
GBG has developed a new federated identity product, Citizensafe, the first customers of which are the UK Government and Royal Mail via the GOV.UK Verify project. As a result of the Government's delayed deployment, early volumes of identity checks were lower than they had forecast. However, GBG is well placed to develop opportunities for this proposition in both the public and private sectors in the UK and internationally.|
|No mention of the government contract.|
|Profit after tax of £1.2 million (2015: £2.3 million) after increased exceptional costs, when compared against the same period last year, relating to reorganisation costs and fees for the acquisition of IDscan.|
|Me too, not happy. Just go to company website and read there.
All the best|
|Can't see any news on advfn|
|Results. Look good on initial reading...|
|Hi Sherylchan, thanks for your kind words and apologies for the delay in replying - as a small holding I haven't been monitoring things here that regularly.
I have to say I haven't come across this information but there are some clues that could help. We know from the finals that international revenue was 26% so UK was 74%. The company likes to boast about having a wide customer base: https://www.gbgplc.com/uk/why-gbg/who-chooses-us/
There's also a mention on page 2 of their annual report of having 'over 6000 customers across the world in both the public and private sector'.
On the data partners page this could also give a clue as it gives a feel of all the sectors they operate in , one which stood out was:
Advanced Health & Care provides healthcare IT solutions to the NHS, local government, third sector and private sector organisations across Europe, Australia, New Zealand and the Middle East
Most of the companies mentioned seem to be international blue chips, albeit that could be because it knows those are the ones the public will recognise. If they were truly spread and assuming all sectors use the solutions equally then theoretically if 40% of UK GDP is spent in the public sector then a maximum of 74% x 0.4 = 29.6% of revenue would be public, albeit I wouldn't like to pin too much on this calculation. This would also be falling as the business becomes more global.
My gut feel is it's probably somewhere under 30% - if it was much more than this they wouldn't be able to have the delays whilst still reporting 'in line'.
Sorry couldn't give a specific figure but hope the above helps
|Half year results next Tuesday.|
|Alphabeta4 - good to see you here - do you know the percentage of sales accounted for by the UK public sector? I reckon this could be the key concern, delays, or cancellations with new Govt focus on Brexit and tightening of public sector budgets?
Until clarity is obtained on the 30 Nov, it may be hard for the company to gain traction and the transition to the new CEO might take time to bed down when he takes his seat next year.
Markets are very punishing with any high PE companies, so whilst not surprising - investors need confirmation - I also note that none of its institutional holders have increased their stake since the trading update?|
|Should be back to 250p very soon then 300p by year end.|
|Time for the share price to head north.|
|This big fall in the share price is not justified in any way as far as I can see.|
|Tesco bank hack should have held the tide back, but maybe it's not the right time yet for the sector to come alight.|
|Stubbornly sold a few Friday to fund something else. Still hold a lot and not selling,
My reasons the volumes over the last few weeks isn't massive someone wants these tightly held shares, Think what the top dogs in the company have lost I have held and waited a decade and will wait another.|
|I suspect shorting and triggered stops after the rapid climb to 350p on no significant news. The ID Scan purchase should have already been factored in.
Am sticking with it. It's a sound tech company, profitable, cash generative and dividend paying. The CEO designate is from Experion and knows industry very well and GBG's potential within it.|
|Surely the company should issue a statement?|
|there seem to be a lot more buys and no big sells, is there some manipulation going on ?|
|Been tracking this since the recent Gov news. Currently down 10% today and I can't find any reason for the drop. Anyone have any ideas?|