Looks like gbg is serious about re-entering the 4 pound plus club again! That would be refreshing but I fear they will need to come up with some new deals and partnerships to stay there! |
Is this going up because of crypto? |
Sorry Telme.com |
I recall the £9 days well, top I saw was around 9.8... wish I had sold a few more now. However it would be easy if we could all predict what going to happen.Wad.... I would love to see you double your money. Anyway good luck all. I will likely sell a thousand here and there but have been here for over 27 years now. It took years for it to move... Originally it was called Phone link or something long does anyone remember. Then it rebranded to Telmex.com and unlike all the other . Coms did nothing , then around12 years or so it started its climb |
Well hopefully we will revisit ur 9 pounds but its not just about gbg we need something to ignite the UK stockmarket and economy alas no signs of that happening any time soon better ties with europe would be a good start and a windfall from Trump would not do any harm |
A 2 yr closing high is outstanding judging by the performance of my AIM holdings after the recent results season. Shame I paid £9.... |
Let's be clear that 4.5% revenue growth and outlook for the same is not much growth considering the inflation backdrop. You can get that return on zero risk gilts.
What GBG actually has to do is deliver real growth of the +20% order as it was supposed to do when embarking on its disastrous acquisition. We paid a price which believed that performance was on the way.
Things haven't got any worse though, debt reduction in progress and golly reporting a profit. A firmer share price is welcome. But this owes me £7, what chance hanging on here or better to try elsewhere? |
Looks like there are 2 more holders over 3% (Sterling Strategic Value fund & BlackRock)as at 31/10/24 |
So recent reporting from gbg has been at the least satisfactory and the volatility uncertainty seems to have subsided If they can avoid anymore disasters and general market conditions remain stable then we should see a steady rise from here |
Solid results reported as expected with plenty of new customers. |
1H25 results published - 19 November 2024 |
My reading is the £1m threshold applies to the whole estate value not the AIM portfolio value. Hope I am wrong. |
Found this. The new rule means just 50 per cent of the portfolio will be exempt, with the other 50 per cent taxed at 20 per cent - less than the standard IHT rate of 40 per cent. |
Quite a few Russell Index stocks (of which GBG is a constituent) had really good afternoons coinciding with the Budget. No idea why. On that basis I very much doubt we'll see any other market driven news. |
Not for AIM stocks. It makes it clear it's 20% on Aim shares with no threshold. |
Correct me if I'm wrong but this tax on bpr only comes in if over £1 million is that correct |
'One of the policy announcements that could potentially fly more under the radar was the souring of the inheritance tax (IHT) sweetener for AIM shares.
Chancellor Rachel Reeves said that AIM shares would no longer have full exemption from IHT. Instead, AIM shares will attract an inheritance tax rate of 20% if they are held for two years.
The Budget statement, published following Reeves’ speech, said: “The government will also reduce the rate of business property relief to 50% in all circumstances for shares designated as ‘not listed’ on the markets of a recognised stock exchange, such as AIM. This will affect around 0.3% of estates each year.”
In response, the AIM market rallied, with the FTSE AIM All-Share Index rising to close to 4% (at the time of writing at 2.15pm). This appears to be a relief rally as there were concerns that the IHT break would be removed entirely, which we covered in a recent episode of our On The Money podcast' |
Doesn't fit in with the budget but who knows with this one..... whoosh |
'IHT BPR/ABR to be kept but less generous in future'
I think that should be stated as 'be kept the same'
hxxps://www.bishopfleming.co.uk/insights/autumn-budget-2024-glance |
150000 trade at 1327 seems to have sparked this rise.BPR has been cut, can't see by what amount? |
Yes I find it odd |
Good point, business has been holding its collective breath worrying about the more esoteric tax changes surrounding IHT etc.Odd that GBG is being affected whilst many other stocks are not. |
BPR..Business property relief ? If so we need to find the details in the budget. |
BPR was mentioned but I haven't been able to pick up the detail |
I agree Cushty.Possibly rumour of a bid coming in ? |