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GTLY Gateley (holdings) Plc

138.50
0.00 (0.00%)
12 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gateley (holdings) Plc LSE:GTLY London Ordinary Share GB00BXB07J71 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 138.50 19,468 08:00:07
Bid Price Offer Price High Price Low Price Open Price
138.00 139.00 138.50 138.50 138.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Legal Services 176.25M 10.07M 0.0754 18.37 184.92M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:03:20 O 96 138.50 GBX

Gateley (holdings) (GTLY) Latest News

Gateley (holdings) (GTLY) Discussions and Chat

Gateley (holdings) Forums and Chat

Date Time Title Posts
27/11/202412:58Gateley, national commercial law firm on AIM562

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Gateley (holdings) (GTLY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:03:21138.5096132.96O
15:48:07138.05300414.15O
14:46:08138.90403559.77O
13:19:30138.0575103.54O
13:01:10138.307,2009,957.60O

Gateley (holdings) (GTLY) Top Chat Posts

Top Posts
Posted at 12/12/2024 08:20 by Gateley (holdings) Daily Update
Gateley (holdings) Plc is listed in the Legal Services sector of the London Stock Exchange with ticker GTLY. The last closing price for Gateley (holdings) was 138.50p.
Gateley (holdings) currently has 133,519,395 shares in issue. The market capitalisation of Gateley (holdings) is £184,924,362.
Gateley (holdings) has a price to earnings ratio (PE ratio) of 18.37.
This morning GTLY shares opened at 138.50p
Posted at 27/11/2024 12:58 by tradertrev
Alternatively, the sellers might simply go away if their funds ever see a return to net inflows. My strong personal feeling (but backed up by contact with one or two small-cap brokers) is that fund managers have been forced to throw the baby out with the bath water due to redemptions. GTLY, while clearly a high quality counter and IMV significantly undervalued, is not as cheap as some stocks which can be bought on much less than 10x P/E.
I continue to hold my shares but don't need any more.
Posted at 27/11/2024 09:23 by sphere25
If you're already beaten up, loitering down at these levels, the market must be expecting a worse update than that. Except, not only has it been marked down a tad on that update, noone gives a hoot too, with only 5,833 shares traded in the first hour.

Underlying profit before tax forecast to come in at £24.1m versus £176m market cap at 132p and with a slight net cash position. That clearly isn't value for this market or you'd surely see them flying in to buy for at least a 10-20% move higher from here.

Last year the update mentioned "challenging". This year they mention "encouraging". It sounds more optimistic and also bear in mind that they were only broadly in line with forecasts at H1 (with comments like "...full year outturn more difficult than usual to forecast" and managed a decent outcome. Dividends of 9.5p in each of the past two years as a kicker, not that it matters in this market.

Just browsing through. It looks cheap, but who wants to buy big and tie themselves into a highly illiquid AIM share nowadays?

Clearly that 140p mark is where the big sellers come in to knock the price back down. Due to the illiquidity, GTLY is prone to very sharp moves on very little volume. In this sort of market, the buyers who have done best are those who come in when it has one of those sharp low volume plunges down.

It looks like a big clear out of sellers needed, if it going to lift the heavy weight on the price, and allow any sustainable material re-rating higher. At the moment, it just seems mostly stuck around this 130p level with the heavy weight of those stale Bulls just sat abit higher ready to come in.

Watching to see if any activity does at some point follow, but that is a tough ask nowadays, with low liquidity and alot of bearish sentiment out there. But then, folk would argue this is the time to be buying or that good companies are sitting ducks for predators.

It is still grim I tells thee!

All imo
DYOR
Posted at 14/5/2024 17:14 by spooky
There has been an institutional seller in the background for a while. The late reported trades may be the end of the seller.......or they may not. On known information, combined with the likely economic outlook, i have absolutely no idea why anyone would want to sell at the current price.
Posted at 14/5/2024 09:20 by tradertrev
Well that explains the share price weakness. Previous results were being achieved without paying staff bonuses. At least we are now looking at results achieved on a sustainable basis. Communication of this could have been far better.
Posted at 17/1/2024 07:30 by jonwig
H1 results:



Making progress, but it's tough out there. Enough caution to dampen any market enthusiasm. Legal work is "subdued" but there's growth in complementary services. H2 unlikely to show much improvement.

Incidentally, the term "contentious work" appeared only once in the previous FY results. It appears six times here, and seems to be the most positive feature. Presumably it refers to dispute resolution?
Posted at 31/10/2023 07:58 by wsm812
Won't the issue of these share dilute our holding?
Posted at 31/10/2023 07:06 by jonwig
Good news announcement:
Posted at 20/10/2023 07:17 by jonwig
IC is reviewing the top 100 AIM companies. GTLY is No.90:

Like many of its legal peers, Gateley (GTLY) has been struggling to entice investors since interest rates rose and recession fears mounted. The group trades on a forward price/earnings ratio of under 10, compared with a five-year average of 12.2, as worries about the resilience of listed law firms start to increase.

We may be underestimating this mid-market player, however. For starters, most of Gateley’s solicitors have remained busy this year, despite the company’s exposure to transactional work, and fees are up on an organic basis. Nor is Gateley entirely reliant on legal services. About a quarter of its turnover now comes from consulting, and this division is growing quickly: organic sales increased by 18.4 per cent in the year to 30 April 2023, and there appears to be an abundance of cross-selling opportunities.

Gateley isn’t as flashy or fast growing as some Aim constituents. However, it has a good track record, defensive characteristics, and solid prospects. Buy. JS
Posted at 07/10/2023 05:42 by tole
Gateley (Holdings) (LON:GTLY) – AGM Due For Undervalued GroupIn early September Chairman Nigel Payne informed shareholders that the legal services group in the year to end April had continued its unbroken record of year-on-year revenue and underlying profit growth."This year has been another strong one for Gateley.Our people have excelled in client delivery, they have continued to overcome every challenge presented to them, and have delivered further strategic progress for the business, combining to generate an excellent set of results.As we focus on service line enhancing opportunities that meet our clients' needs and fulfil our strategy to build a broader professional services group, our acquisition pipeline remains strong, trading in the current year is in line with the board's expectations and we look forward to the immediate future with cautious optimism."On Tuesday 17th October he will be standing in front of shareholders at the professional services group's AGM.For the current year to end April 2024 analysts James Allen and Nick Anderson at Liberum Capital estimate further record revenues of £177m (£163m), raising pre-tax profits to £26.6m (£25.0m), but with slightly lower earnings at 15.5p (16.3p) and an eased dividend of 9.0p (9.5p) per share.They do see an increase in the 2025 year – with £192m sales, £28.9m profits, 16.6p earnings and a 9.8p dividend per share."Gateley remains one of the most oversold names in our professional services coverage, which we feel is undeserved given its strong track record of delivery since listing in 2015."Their price objective for the shares is a mighty 290p, compared to last night's close of just 144p, at which the group is valued at only £189m.A positive reaction from the AGM could help to boost interest in the group's shares.
Posted at 10/9/2023 20:23 by tole
https://masterinvestor.co.uk/latest/small-cap-catch-up-severfield-gateley-and-halfords/Gateley (Holdings) – Ongoing Track Record For DeliveryFor the year to end April Gateley continued its unbroken record of year-on-year revenue and underlying profit growth.The £205m capitalised company has over 1,400 people, some 1,000 of whom are fee earners, spread across offices in 15 UK locations and another in Dubai.The group's business is predominantly legal and professional services through Gateley Legal, advising over 5,000 clients across its four core business Platforms including Property, People, Business Services and Corporate.Chairman Nigel Payne stated that:"This year has been another strong one for Gateley.Our people have excelled in client delivery, they have continued to overcome every challenge presented to them, and have delivered further strategic progress for the business, combining to generate an excellent set of results.As we focus on service line enhancing opportunities that meet our clients' needs and fulfil our strategy to build a broader professional services group, our acquisition pipeline remains strong, trading in the current year is in line with the board's expectations and we look forward to the immediate future with cautious optimism."James Allen at the group's corporate brokers Liberum Capital has a Buy rating out on the shares, with a reduced Target Price of 290p a share (320p).For the current year to end April 2024 his estimates are for revenues to rise to £177m (£163m), while pre-tax profits could increase to £26.6m (£25.1m), but with earnings of 15.5p (16.3p) and covering a lower dividend of 9.0p (9.5p) per share.For the coming 2025 financial year Allen goes for £192m sales, £28.9m profits, 16.6p earnings and a 9.8p dividend per share.This group's shares have been oversold and now deserve a much higher multiple rating, especially so considering its impressive cash generation and its ongoing year-on-year revenue and profit growth record, despite the economic environment.The group will be holding its AGM on Tuesday 17th October.The shares, at 154p, really should be heading back up towards the 200p level achieved in late September last year, thereafter even higher.The shares are a strong hold for existing shareholders and a bargain for new ones too, we could well be having a re-run of my original moving Target.(Profile 18.05.20 @ 155p set a Target Price of 195p*)
Gateley (holdings) share price data is direct from the London Stock Exchange

Gateley (holdings) Frequently Asked Questions (FAQ)

What is the current Gateley (holdings) share price?
The current share price of Gateley (holdings) is 138.5p.
How many Gateley (holdings) shares are in issue?
Gateley (holdings) has 133,519,395 shares in issue.
What is the market cap of Gateley (holdings)?
The market capitalisation of Gateley (holdings) is GBP 184.92 M.
What is the 1 year trading range for Gateley (holdings) share price?
Gateley (holdings) has traded in the range of 111.00p to 160.00p during the past year.
What is the PE ratio of Gateley (holdings)?
The price to earnings ratio of Gateley (holdings) is 18.37.
What is the cash to sales ratio of Gateley (holdings)?
The cash to sales ratio of Gateley (holdings) is 1.05.
What is the reporting currency for Gateley (holdings)?
Gateley (holdings) reports financial results in GBP.
What is the latest annual turnover for Gateley (holdings)?
The latest annual turnover of Gateley (holdings) is GBP 176.25M.
What is the latest annual profit for Gateley (holdings)?
The latest annual profit of Gateley (holdings) is GBP 10.07M.
What is the registered address of Gateley (holdings)?
The registered address for Gateley (holdings) is ONE ELEVEN, EDMUND STREET, BIRMINGHAM, WEST MIDLANDS, B3 2HJ.
What is the Gateley (holdings) website address?
The website address for Gateley (holdings) is www.gateleyplc.com.
Which industry sector does Gateley (holdings) operate in?
Gateley (holdings) operates in the LEGAL SERVICES sector.

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