Gb Share Discussion Threads

[hotfinance14] 20/6/2018 15:41

No news expected.

I agree this will go £8 plus.

[mam fach] 20/6/2018 15:37

I'M long term holder too from Tel Me.com days.
Think we are heading for at least £8.

[mam fach] 20/6/2018 15:03

1 trade. FWIW.
Are we expecting any news?

[hotfinance14] 20/6/2018 09:55

Are we heading for £6..woosh.

[wolansm] 18/6/2018 08:00

Whoosh to 570 for about 20 seconds!!!!!!!!

[wolansm] 17/6/2018 16:57

That's explains up to thursdays price movement , but not going to a new high on frid, could there be another interested party, similar to black rock who like the look of things to come.

[sstanford] 16/6/2018 16:26

Blackrock accumulating; exceeding 5% threshold (see RNS).

[hotfinance14] 15/6/2018 09:32

Looks like a huge woosh on the way.

[skanking] 13/6/2018 13:06

Nice to see Loqate GBG up and running across 3 countries

[wolansm] 08/6/2018 08:21

Someone's got to be accumulating surely.. any opinions....

[hotfinance14] 07/6/2018 15:37

Has it been tipped ?

[broadwood] 07/6/2018 15:21

Further consideration of those results.

[hotfinance14] 07/6/2018 15:06

Same here Stig.

Could topple 550p by close.

[stig2] 07/6/2018 14:58

Still happy and holding for the future with no buy out.

[hotfinance14] 07/6/2018 14:41

We have a whoosh.

[wolansm] 07/6/2018 12:33

After saying that just saw the volume it's quite high.

[wolansm] 07/6/2018 12:32

Thanks mr skank, as you know these shares are held tightly as you know. Whooshing all holders prosperity.

[skanking] 07/6/2018 12:13

Edison report out

"GBG delivered another excellent performance in FY18 with reported
adjusted EPS up 37%. With over 75% of revenues now from the global
product lines, a clear organic growth plan and a healthy acquisition
pipeline, we retain our forecasts and believe the shares, which trade
among identity access management and cyber security peers to be well
supported at these levels. "

[hotfinance14] 06/6/2018 13:00

Excellent read..cheers.

[wolansm] 06/6/2018 12:07

Lomas thanks for posting the note, it's a great read.

[lomax99] 06/6/2018 08:11

Berenberg has raised their target to 615 (from 560).

IC comment:

GB Group: going global

Much of the good news from GB Group’s (GBG) full-year results had already been assimilated into the share price, after an April update revealed market-beating sales and adjusted operating profits. As previously outlined, the identity data intelligence specialist enjoyed strong organic revenue growth, at 17 per cent – or 15 per cent, excluding £3.5m from the sale of a non-recurring perpetual licence to a European bank last September.

The official numbers provided more colour on the derivation of these revenues; 34 per cent stemmed from international markets, up from 31 per cent a year earlier. The fraud and risk management business, comprising 58 per cent of the top line, continued to expand across the Europe/Middle East and Asia-Pacific regions. Indeed, new buyers of GB’s fraud products include the Bank of Shanghai and a major Indonesian bank. Sales here climbed 27 per cent overall, to £69.8m.

The customer and location intelligence segment saw revenues rise 53 per cent to £49.9m, buoyed by a £15.2m contribution from PCA – the provider of address validation services acquired last May. With a healthy net cash position, GB looks well-placed to consider further growth-enhancing transactions.

Prior to these numbers, broker Investec expected EPS of 8.5p for FY2019 (from 7.5p in FY2018).

IC View


True, EPS dipped slightly, due partly to acquisition costs and higher amortisation charges. Still, we think this – and GB’s lofty PE ratio – should be seen through the lens of international growth, organic sales momentum, a double-digit dividend increase and management’s cited acquisition pipeline. Buy.

[wolansm] 05/6/2018 12:27

When prices at 25p the divi was .5p that was generous, a divi twice what it is today would be adequate, cash in bank will draw amorous looks,

[barnesian] 05/6/2018 12:08

That's where I am too.

[hotfinance14] 05/6/2018 11:23

At the current price I would see a £7.50 bid accepted. However I hope a bid does not come in for several years as I expect the share price to increase by approximately £1 each year.