Gb Share Discussion Threads

[hotfinance14] 22/2/2017 14:07

The next trading statement should send us clear of 300p for good.

[alphabeta4] 22/2/2017 13:07

Big NCC warning this morning, looks to be across all geographies suggesting company specific. GBG a beneficiary?

[wolansm] 15/2/2017 21:20

Could be days ... I don't really care price about right now.....

[hotfinance14] 15/2/2017 20:05

Could be years.

[nw99] 15/2/2017 19:09

Sharewatch said hold it a bid will come eventually

[mfhmfh] 15/2/2017 13:25

hopefully we can remain above 300p now and move upwards

[rock star] 03/2/2017 08:44

The Govt Verify project being rolled out...almost a year late but better late than never...

As of February 2017, Verify offers access to 12 central government services, all of which require strong proof that the user is who they claim to be. We’ll continue to add to these services, but in addition we’re working with government services that need less proof of identity from users.

For example, if you were claiming redundancy online, you might be asked for more evidence of your identity than if you were updating a planning application.

Services are not all the same and a one-size-fits-all approach means the high levels of security currently provided by Verify is more than some services might need. This can make dealing with government unnecessarily difficult and time consuming for users - as well as restricting how people can use Verify.

With services that need less proof from users, the user journey will be similar - but shorter. Users will be asked some questions to help them choose a certified company to Verify their identity (as they are now), but they won’t be asked for as much proof of their identity. (This shorter journey has also been referred to before as ‘level of assurance 1’, or LOA1).

Verify is designed to prioritise privacy, protect users’ identities and keep their information secure. Every service available through Verify is carefully and rigorously explored and designed to ensure the right level of security and safeguards. This will continue to be our process as we bring more services onboard. New options like this help to create a wider range of services online, that are available to the widest possible range of people, while still being safe.

We’re working now with a range of departments to research and develop these changes with new government services, and expect some of these to be available to users later in the year. In the meantime we’ll post developments on this blog, and are keen to speak to other service teams across government.

[mfhmfh] 27/1/2017 10:27

trading statement was on 20th April last year

berenberg/cantor fitzgerald/peel hunt target price 340p.

finncap target price 350p.

[hotfinance14] 27/1/2017 10:00

There will be a trading statement in April.

[broadwood] 27/1/2017 09:24

Next results announcement is on 6 Jun - so a long wait.

In the meantime, the only thing likely to move the price substantially upwards would be positive news on the Govt.uk Verify contract.

[hotfinance14] 27/1/2017 09:01

Nothing happened...the GBG share price can be up + or - 10p daily.

[runthejoules] 26/1/2017 20:28

Any idea what just happened? And will there be a trading update?

[hotfinance14] 26/1/2017 14:52

Ageed..the share price is currently all over the place.

[mastermatto] 26/1/2017 14:33

Dont speak to soon people

[hotfinance14] 23/1/2017 14:24

I think we have left 300p now. Should be back to 350p by mid 2017 and 400p year end.

[mfhmfh] 23/1/2017 14:15

Let's hold above 300 and build from there

[hotfinance14] 23/1/2017 13:13

Looks like we have broken 300p now.

[mfhmfh] 19/1/2017 12:59

positive mention in IC article today

[hotfinance14] 16/1/2017 09:28

Indeed..as they often do.

[malcolmmm] 16/1/2017 09:05

These are gyrating around a bit this morning?

[onjohn] 09/1/2017 21:37

finicap



one of the 10 for 2017 today


Providing certainty in uncertain times



BUY





Net Cash Shares in Issue Next Results




What's changed Adj. EPS (FD) Recommendation Target Price
From To
9.5p n/c Buy n/c 350.0p n/c



GBG 283.3p 350.0p 24.0% £380.2m FTSE AIM All Share Software & Computer Services £8.7m 134.2m Interims in December




With uncertain times ahead, we highlight a company which provides its clients with certainty and security. GB Group (GBG) is a world-leading provider of ID data solutions using its own proprietary software platforms either as SaaS or under licence. It is a high-quality small cap growth stock, well rated on current forecasts, but we feel it is likely to outperform expectations; it is highly cash generative and is an attractive target for a range of much larger global operators in its industry. The group is well managed by an experienced and incentivised team, and is displaying long- term double-digit organic growth in dependable and recurring revenue streams on the back of a range of powerful global drivers.




Organic growth is augmented by regular, carefully targeted and smoothly integrated acquisitions, usually from existing resources, which bring both greater functionality and geographic reach. The business model demonstrates excellent margins, high cash conversion ratios and even a c1% yield.



What are the underlying industry dynamics? The global market for online ID Data Intelligence is seeing rapid expansion. Drivers include: growing Internet penetration (now >40% globally and predicted to reach 70% by 2020); data is now the key economic resource of the 21st century (people are increasingly entering personal details online), data used for informing commercial decisions; global e-commerce growth (sales reached $1.5trn in 2015, a 15.8% YoY increase; forecast to be $2.9trn in 2018); and increased legislative requirements to comply with regulation in banking and online gaming.



Why is GBG going to perform well in 2017? We anticipate a strong performance on the back of robust organic growth in its core ID Proofing and Solutions businesses, supplemented by a full year of the IDscan Biometrics business acquired last June. The divisions displayed 24% and 8% growth respectively in H1 to September 2016.




Why do we think the shares are weak? Having slipped from highs of almost 350p in Sept, the stock is still on a FY1 P/E multiple of 30x, making it comparatively expensive, but we believe it has high security and quality of earnings

[sheep_herder] 09/1/2017 21:33

And knowing which shares will be pumped and dumped the weekend before it happens is worth it. No?

[hotfinance14] 09/1/2017 21:04

Looks like it just leads to a pump snd dump.

[nw99] 09/1/2017 12:21

Well worth it you will make that in the first few trades