Gb Dividends - GBG

Gb Dividends - GBG

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Gb Group Plc GBG London Ordinary Share GB0006870611 ORD 2.5P
  Price Change Price Change % Stock Price Low Price High Price Open Price Previous Close Last Trade
10.00 1.29% 785.00 756.00 801.00 756.00 775.00 16:29:53
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Industry Sector

Gb GBG Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

robow: from The Daily Telegraph this morning Questor: this cybersecurity firm is not immune from Covid-19 but long-term prospects are good Questor share tip: while some of GB Group’s customers will be affected, they will still want to be able to trade online safely By Russ Mould 5 May 2020 • 6:04am GB Group remains a powerful player in the growth industry of cybersecurity CREDIT: Andrew Brookes When even a well run, well funded, well positioned business such as GB Group is noticing the effects of the Covid-19 outbreak, you know that few, if any, companies are truly immune from the virus’s potential ripple effects on the wider economy. However, the business remains a powerful player in what must surely be the growth industry of cybersecurity and, as a result, risk-tolerant growth seekers can permit themselves to take a long-term view and keep the stock on their side. A trading update last month showed that GB Group had beaten analysts’ forecasts for the fiscal year that ended in March, as sales and operating profits reached new record levels. However, the company did see an impact on its Chinese business in January and February and, although the operation there has started to emerge from shutdown, the firm has begun to feel the effects elsewhere. Even if gaming may remain relatively resilient, other customer sectors such as travel, leisure and retail are clearly suffering a downturn in trading, and that is likely to filter through to GB’s sales and profits. Visibility is not what it would normally be, and Chris Clark, the chief executive, is understandably fighting shy of making anything that could be misconstrued as a profit forecast for the new fiscal year, which runs to March 2021. A glittering run of sales and profit growth is therefore likely to come to an end, even as management reacts by cutting costs where it can, while the business will not pay a dividend for the year that has just finished. Thankfully, our initial analysis in November 2016 was based not on the company’s yield but on its potential for capital returns. In that respect, things have worked out well so far, as the shares have gained more than 170pc and GB has continued to develop its competitive position. Investors should benefit from that strategy over the long term, as GB’s customers will still want to be able to conduct business online in a safe and secure fashion during and after the current viral outbreak. In addition, net debt continues to come down, as the company remains cash-generative, and this also gives investors good reason to stay patient. The trading update showed that net debt was just £35m by March. The one thing that will give some investors pause for thought is the valuation. A forecast price-to-earnings ratio of nearly 60 for the year to March 2021 is no bargain so the stock is not suitable for widows and orphans, even if that multiple could be a bit deceptive thanks to the probable dip in profits in the coming 12 months. The valuation could limit the potential for near-term gains but GB’s long-term growth prospects still look good. Questor says: hold Ticker: GBG Share price at close: 648p
eaglebeagle: medium term only positive. There will be a one off uptick towards online probably accelerating developments by 3 to 5 years. Offset against that will be a fall off in general business levels so not likely to see an overall uptick in revenue this year. Share price may have already priced that in so hard to say if the share price itself is a bargain. It is however pretty safe even if it falls further. My view only and I am no advisor!
barnesian: I think the depressed share price increases the chance of an opportunistic takeover bid from one of the big players when they get their heads in gear.
hotfinance14: We are all here because there is growth year after year which increases the share price.
barnesian: Sweenoid I agree GBG have quite a lot of overseas earnings and that is good. Until quite recently the weakening £ versus $ was uplifting anticipated profits in the way you suggest. However in the last few days the £ has strengthened considerably against the dollar from a low of $1.1967 to $1.2363 currently because of Brexit developments. That diminishes the sterling value of overseas profits and just might be part of the explanation of the very recent drop in share price. It might not of course.
intelinvestor: hxxps:// During five years of share price growth, GB Group achieved compound earnings per share (EPS) growth of 8.2% per year. This EPS growth is lower than the 29% average annual increase in the share price. So it’s fair to assume the market has a higher opinion of the business than it did five years ago. And that’s hardly shocking given the track record of growth. This favorable sentiment is reflected in its (fairly optimistic) P/E ratio of 77.21. decent company but just need to wait for a better entry point if there is one. Hope there is one! Market cap 1.1bn pre tax profits 14.75m debt 66m free cash flow 26m if im correct p/e - 76
barnesian: P/E valuation may be holding back the share price. However, there has been double digit EPS and dividend growth for seven years, averaging about 12% pa and this is early stage for this market. Factor in the probability of a take-out acquisition at a premium and the current P/E is not a useful valuation metric.
robow: from todays Daily Telegraph Questor share tip: the identity verification firm is still growing strongly, although we must keep an eye on valuations It is more than two-and-a-half years since our first look at GB Group and, even after a capital gain of more than 120pc, there could still be more in the story if last week’s full-year results are any guide. The Chester-based company reported a 20pc increase in sales to £143m (with underlying growth of 11pc), a 22pc increase in (adjusted) operating profit to £32m and net debt of £66m, following the acquisition in October of Australia’s Vix Verify Global and the swoop for America’s IDology in February. Both of those deals look to neatly supplement GB Group’s strong competitive position in what is a hot market: identity data intelligence. It provides businesses (primarily of the “business-to-consumer” type) and government organisations with the information to decide who to trade with and who to block in order to prevent fraud, and does so within a compliance-friendly platform. Analysts expect further strong sales and profits progress in the year to March 2020, helped by full-year contributions from the recent Australian and American purchases, as well as good underlying progress. The fundamentals therefore seem solid, although we must still address the issue of valuation. A yield of less than 1pc is unlikely to attract income seekers, although they should bear in mind that GB Group has increased its dividend every year since 2009. The stock trades on around 35 times forecast earnings for the year to March 2020 and 34 times for the following year. This does, admittedly, price in a fair amount of good news about future growth. Should GB Group miss a beat and disappoint the shares could suffer, as they did in 2016, although this now looks like no more than the sort of speed bump that can hit young, fast-growing firms. On the other hand, if earnings momentum remains strong the shares could still offer long-term capital growth. The company’s strong competitive position and track record suggest it could continue to appeal to risk-tolerant investors. Questor says: hold Ticker: GBG Share price at close: 580p
stig2: hot bin there, seen that, though i didn't buy the t-shirt or sell for that matter when we got to £6.30. But I agree that we might well be back in weeks not months, though I still don't have a clue how GBG share price works, but I think it has more to do with the big investor dealings (hidden from us) than the sentiment or opinions of us small investors.
barnesian: The numbers look good. $16m EDITDA on purchase price of $300m is 5+% return before synergies. Cost of capital is about 4% for the equity placing and 3%?? for the debt so should be immediately earning enhancing. Current business: "GBG has continued to make good strategic and operational progress since the half-year end with VIX Verify integrating well. The Board remains confident that GBG will meet its full year expectations." This looks very good. It has stepped up its aggregator strategy in the ID market and looks set to be a serious and attractive player. I expect the share price to be up in the morning.
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