Well we have had a buyout offer at plus 600 so seemingly so |
I'm in at 336. This was a very popular share. Has risen a lot this year. Simplywallstreet assessment is that it's still undervalued. |
I'm in at 322p. |
18 Days to the trading update. Choo Choo |
Some chunky buys this week, today for example 4 @30k |
Chooo choooo train heading for 400p |
AGM 23rd July which will include a trading update. |
A CEO cannot buy shares if he/she is privy to market moving information or in a close period. He only bought 20,000, not much more than I hold, but it was still a very positive signal. The final results point the way, and I've bene buying on any weakness. |
Can a politician bet polling day..... I don't think so that would be insider trading |
Can the CEO buy if he knew a bid was in the offing? |
I recall one day it moved 60p to 80p still good.. only another 10p to get to whoooosh territory |
gorra be bid news |
up 15p , big jump just now |
Perhaps, but it would hardly be a surprise to. see a bid in the £5 to £6 range. |
SCSW been saying that for ages. That would be at a mkt cap around £1.7 billion and a psr of over 6. Would PE pay that kind of premium? |
SCSW reckons it will not be long before a PE group comes knocking again, potentially at up towards double the current share price |
Yes excellent news.Dev showed real pasion for the ompany at the recent presentation.
The Company announces that it received notification on Friday 28 June 2024 that Dev Dhiman, Chief Executive Officer, purchased 20,000 Ordinary shares of 2.5 pence each in GBG ("Ordinary Shares"). Following the purchase of shares Dev Dhiman has a beneficial holding of 20,000 Ordinary shares (which represents 0.01% of the issued share capital of the Company). |
CEO has bought 20k shares too. |
Added a few. |
Daily volumes appear to be up lately. Just an opinion. |
Analysts at Canaccord Genuity raised their target price on software firm GB Group from 375.0p to 455.0p and moved the stock from ‘speculative buy’ to ‘buy’ on Wednesday following its full-year results a day earlier.
Canaccord Genuity stated that yesterday's FY24 results gave it further confidence that growth was sustainably re-accelerating. GB Group has seen "consistent sequential growth improvements" over the last 12 months to a roughly 5% FY24 exit-rate on the back of improving trends in its largest segment, identity, which was expected to continue this year.
The Canadian bank noted that further down the profits and loss and cash flow statements, a sequential improvement in gross margins from 69% in H124 to 71% in H2, plus well-flagged cost savings, drove underlying operating margins to 22.3%, up approximately 200 basis points year-on-year.
Canaccord also highlighted that unlevered free cash flow of £43.0m/£35.0m after interest payments grew almost 50% year-on-year despite a roughly £5.0m net working capital outflow.
"The recent multi-year growth and EPS downgrade cycles should now be in the rear-view mirror, with key metrics such as organic growth, EPS (CGe 15% FY24-27 CAGR) and ROCE inflecting. As GBG re-builds investor confidence, the shares' discount to peers should further narrow," said Canaccord. |
Couldn't get it to work ... so will take your word for it |
Wol...below is the link :
hxxps://www.investis-live.com/gb-group/663caee77e7bb30d0033f88b/tseer |
How are you hot. I've been adding off late. To be honest I was neutral on yesterday's news, and didn't expect such a drop on a high volume day, also didn't expect such a gain this morning can you elaborate on opportunities... |
I have just watched the presenatation which was very impressive. Dev comea across as very passionate about GBG. Overall it looks as though the company is being looked at from a fresh point of view with some exciting opportunities ahead. |