Gateley (holdings) Share Discussion Threads

[jonwig] 01/10/2021 07:15

AGM statement;

"The Board is pleased to report that trading in the first five months of the financial year is in line with management's expectations and the Group is well placed at this stage of the current financial year. The Board remains excited by a wide range of growth opportunities and is looking forward to continuing to grow the Group, both organically and via acquisition, in line with our stated strategy."

[jonwig] 28/9/2021 07:19

NOMAD changed from Finncap to Liberum. I don't know much about relative rankings of brokers, but I'd guess this is from Ford to Ferrari?

[robsy2] 26/9/2021 19:02

I have sold out. Should do fine but job done as far as i’m concerned.

[jonwig] 26/9/2021 18:28

Thanks Jeff - more detail there, and released on the 23rd.

[jeff h] 26/9/2021 17:45

Some more on the LitFin partnership:-

[jonwig] 18/9/2021 11:25

Why the share price rise?

It might just possibly have something to do with a sentence in yesterday's Investors Chronicle:

Gateley will be partnering with Bench Walk Advisers to create a £20m funding ...

So it's entering the litigation finance area in a small way. BWA seems to be an international firm with offices in the USA and UK.

But why haven't we been informed of this by the company?

[this_is_me] 09/9/2021 20:36

That was a huge rise today, on large volume, and on a down day for the market as a whole, too.

[robsy2] 09/9/2021 13:03

Looks like they are trading well.

[dicktrade] 09/9/2021 12:54

I was thinking todays movement was TIP induced but couldnt find anything or any
news.
You could sell at the offer price earlier so someone wants some stock !!

[greggphilips88] 09/9/2021 12:29

This has stealthily become my 4th largest portfolio holding. Nice share price movement recently! :-)

[jonwig] 20/7/2021 11:29

Clear that earlier pre-announcements meant the market already knew the situation - nothing left to go for.

[this_is_me] 20/7/2021 07:52

The increase in cash is particularly impressive. After the small virus dip we are on the up again.

[jonwig] 20/7/2021 07:37

FY Results:



As already signalled, excellent.

I didn't know - "Gateley remains the UK's most active M&A legal advisor by deal volume, according to the latest Experian MarketIQ UK M&A league table"

useful - "Non-legal revenues increased by 27.3%, as complementary consultancy businesses contributed £14m or 11.5% of total revenues (FY20: £11m or 10.0%)"

Note: "An impairment loss of £1,525,000 has been recognised in relation to trade receivables in the year (FY20: £562,000). This is based on the expected credit loss under IFRS 9 of these types of assets. The trade receivables loss is estimated at 3.7% (FY20: 1.2%) of the balance."

[greggphilips88] 21/6/2021 19:19

No problem - genuine error. You should be able to edit and delete if you want to.

[barkboo] 21/6/2021 18:03

greggphilips88 - apologies.

[greggphilips88] 21/6/2021 17:39

I suspect post 457 above was intended for the TLY board, not GTLY :-)

[barkboo] 21/6/2021 16:25

sikhthetech21 Jun '21 - 16:06 - 9864 of 9867
0 0 0
all readers:

you have to wonder how deep underwater Barky and his mates really are...

He did exactly the same with help from Kendo/Qualivarium in 2013... to entice the gullible in 2013-14 when Blnx rose to eq share price of £28 before it crashed to 400p...




Best to read the company/sector newsflow...
Watch the pump/dump.

[tradertrev] 16/6/2021 14:04

Clear buying opportunity

[5oletrader] 16/6/2021 13:50

Buy the Fear?!

[slopsjon2] 16/6/2021 13:49

Notice of Cyber Security Incident

Gateley (AIM: GTLY), the legal and professional services group, reports that it is currently managing a cyber security incident after discovering an intrusion into its systems from a now known external source. The intrusion was quickly identified by the Company's IT team and it acted immediately to secure the Company's systems. Based on the information gathered to date, the Company is confident that its security controls were effective in limiting the impact of the incident.

[tole] 31/5/2021 17:12

https://www.thisismoney.co.uk/money/investing/article-9632617/MIDAS-SHARE-TIPS-UPDATE-Gateley-doubles-cash.html

[tole] 30/5/2021 14:56

https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-begbies-n-brown-circassia-and-more/Gateley (LON:GTLY) – price aim attainedThe CEO Rod Waldie stated that, "We are carrying a strong pipeline of work into FY22 and are looking forward to continuing to grow the group, both organically and via acquisition."Joint broker finnCap is looking for this commercial legal and professional services group to show £120m (£109.8m) of revenues for the year to end-April 2021, while pre-tax profits of £20.0m (£18.7m) will help earnings to rise fractionally to 12.7p (12.5p) per share.The current year could see £130m of revenues and £21.0m of profits, with 14p in earnings.The broker raised its price objective from 188p to 247p.The shares at 201p look capable of rising further yet.