Gb Share Discussion Threads

[broadwood] 09/5/2017 16:12

( Shares in GB Group (GBG) are down more than 1% as it conditionally agreed to acquire the share capital of PCA Predict for a total of £73.85m.
PCA Predict is a provider of UK and International address validation and data quality services.

The acquisition price included £10.39m of cash on the balance sheet of PCA Predict.

"The combination represents a highly complementary capability set alongside GBG's existing solutions: GBG Matchcode360 and GBG Loqate," it said in a statement.

GBG said the total consideration would be satisfied by the vendor placing of £58m in placing shares and £15.85m in cash, of which £10,000,000 was to be held in escrow.

It intended to finance the total consideration via the vendor placing of £58m in placing shares, £5.85m in existing cash and £10m borrowings under bank facilities.

The placing price represented a discount of about 3.4% to the closing mid-market price of GBG's existing ordinary shares of 352p on 8 May.

[jch18] 09/5/2017 11:24

If all goes well placing admitted 11th May. If not has to be done by 25th. It sounds like most of the placing has been done.

[r9n] 09/5/2017 10:19

Do I read it right that new placing shares are to be admitted to market on 11 May

[hotfinance14] 09/5/2017 09:15

Around the 6th June ?

[wolansm] 09/5/2017 07:51

Should be an interesting few days.

[hotfinance14] 08/5/2017 09:50

We have the year end results on 6th June. The dividend should be increased to near 2.5p per share.

[hotfinance14] 02/5/2017 16:54

Closed at 355p...lets hope we do not see sub 350p again folks.

[hotfinance14] 02/5/2017 12:22

Say goodbye to 350p...woosh.

[nobilis] 02/5/2017 12:17

hotfinance142 May '17 - 10:25 - 6459 of 6465 0 0
Buys at 350p now.

On results day I expect GBG to confirm the Govt contract is bringing in revenue which should push the share price to 375p. By year end 400p plus.




bring it on

[nobilis] 02/5/2017 12:17

Great chart

[wolansm] 02/5/2017 12:13

This is fabless whhhhhooooiiiishhhhh

[stig2] 02/5/2017 11:43

hotfinance
I'm not so certain they will confirm revenue from the gov contract though i feel sure that will all come right in due course. If GBG are doing so well without the extra revenue surely that would bodes even better for the future. I agree with your £3.75 for the near future with £4+ by year end but we may have the usual MMs coaster ride before we get there to stay.

[nicholaslaw] 02/5/2017 11:37

I'm amazed that the price continues to surge, given that the MD and key staff of the largest division left and has now just launched a direct competitor, which seems pretty impressive.

[mfhmfh] 02/5/2017 10:44

enjoying the ride up

[hotfinance14] 02/5/2017 10:40

There is our 350p...woosh.

[hotfinance14] 02/5/2017 10:25

Buys at 350p now.

On results day I expect GBG to confirm the Govt contract is bringing in revenue which should push the share price to 375p. By year end 400p plus.

[gswredland] 02/5/2017 09:41

Virtually there now!

[hotfinance14] 02/5/2017 09:11

Should move above 350p this week.

[wolansm] 28/4/2017 10:51

I've sold out 8% as it's just too much in one stock and around a 15 bagger obviously still looking with the same view....... Whooshing all the best of wealth?

[jch18] 28/4/2017 08:54

But if you look at the forward figures given in the IC, if these were true, you would not want to invest at this level.

[mfhmfh] 27/4/2017 20:26

Tipped as a buy in IC today

[gswredland] 24/4/2017 15:25

Yep agreed but would be delighted with 450 year end

[hotfinance14] 24/4/2017 14:40

I cannot see that for 12 months plus.

[opodio] 24/4/2017 14:22

500p coming

[hotfinance14] 24/4/2017 14:18

There is the woosh.