Gattaca Share Discussion Threads

[katsy] 25/10/2023 08:53

The company shouldn't be allowed to use company money to maximize directors'personal profits when exercising shares.

[blackhorse23] 24/10/2023 14:00

Difficult to buy , my buying order still pending

[danb45] 24/10/2023 07:48

with all these takeovers could GATT be a target ?

[blackhorse23] 24/10/2023 07:33

Excellent dividend 5p per share

[edmonda] 24/10/2023 06:40

"Robust foundations in place"

The implementation of the ‘four pillars’ of Gattaca’s new strategy resulted in adj. EBIT rising significantly, as did conversion rates too (up to 5.4% vs 0.2%). Impressively, this was achieved despite the Group’s markets turning more challenging during H2. NFI fell by 8.5% yoy, down by 1.8% in FY23, with a targeted exiting of lower margin contracts a factor.

Progress has been driven by self-help: on cost control, marketing, an improved culture, exiting low margin contracts and improved productivity levels. We think there is more to come as the new hires bear fruit and additional cost savings emerge (particularly in property).

Looking ahead there should be some recovery visible in recruitment markets over the next 12 months and at Gattaca we expect further improvement in the conversion rate. The £23.4m net cash at year-end also opens up many opportunities for the Group.

Based on a discounted cash flow model we raise our Fair Value to 175p per share.

Link to research note & audio summary:

[blackhorse23] 19/10/2023 07:46

Excellent timing to buy before next week results & dividends announcements

[djb3] 17/10/2023 23:08

How can you buy anything Blackhorse? You put everything into CURRYs. Despite the constant pumping it has tanked.

[blackhorse23] 16/10/2023 18:26

Next week at results day it will be 150p , revenues & profits better than expected

[maverick67] 16/10/2023 17:22

Share is on it knees good energy is a better bet

[maverick67] 16/10/2023 17:20

Bought good energy today

[blackhorse23] 16/10/2023 15:19

Bought another 10k shares today

[blackhorse23] 16/10/2023 15:17

And best dividend yield 5p per share , will attract loads of new investors

[maverick67] 09/10/2023 20:00

Sold out bought anything else BH is in lol

[blackhorse23] 09/10/2023 09:42

Difficult to sell ??

[katsy] 04/10/2023 12:01

Kept a tracker sheet, they're still £110k short.

[blackhorse23] 04/10/2023 11:08

Buy back has completed

[katsy] 03/10/2023 14:58

The last buyback was used to let a large seller get out after they managed to get the price up a bit. This buyback seems to have paused, (still about £100k short) after they inflated the price to get the directors the best price for their options. Thi

[catabrit] 02/10/2023 10:16

All Gattaca holders should be aware this is being ramped by Blackhorse across multiple unrelated threads. The guy is a fraud and should be reported.

[blackhorse23] 30/9/2023 09:13

I have also noticed they have started share buy back twice a year , which could push share price higher each year. LITTLE BUY share price GO UP by 10%-15%

[blackhorse23] 30/9/2023 09:11

Some brokers & institutions like small cap because they can control the share price , specifically profitable company like GATC , likely more buyers than sellers upon dividend announcement.

[katsy] 29/9/2023 15:11

The directors used the share buybacks to cash in on their options. In my eyes that's theft

[catabrit] 29/9/2023 14:58

It has a 33m market cap. We are in a small cap bear market. Whilst I do not doubt the share price will rise post announcement of a dividend I think the probability of attracting institutional capital is small because of the tiny market cap.