Gb Share Discussion Threads

[1356] 20/1/2020 09:02

Surely this is to do with the Sunday Times article yesterday?

[wolansm] 20/1/2020 08:49

Perhaps unjustified, clearly someone was prepared to pay £8 plus and have there quota now, from memory volume has fallen off and so has the price, glad I sold a few percent and could be tempted back, however there is value in many other stocks aimho off course. It will rise back eventually I believe.

[hotfinance14] 20/1/2020 08:39

Thus sharp fall this morning is totally unjustified.MM's filling there boots.

[sweenoid] 20/1/2020 08:11

Nope

On the share price £7 is a big psychological barrier, I hope it holds but frankly I see £6.50 on the horizon , we shall see

S

[lasata] 20/1/2020 08:06

Forgive my ignorance...

Is Brexit a negative for GBG?

[sweenoid] 14/1/2020 17:00

I see Katie Potts in her Herald Investment Trust increased her holding ( as of end of December) to 3.9% of her fund- the biggest holding of her portfolio. % holding end of November was 3.5%. Holding of GBG was 2.5% comparable time last year. It’s a global fund with 288 companies owned

Her fund is a stellar performer over the years, I watch her closely. Will be interesting to know if she is one of the current profit takers, I am guessing she is, we shall find out in a month.

Long term ofcourse her confidence in this stock is a stonking BUY recommendation in my book

Looks like my short term prediction of £7 ( or lower) may be proved right? In which case it once again ( imho) becomes very attractive, we shall see.

S

[sweenoid] 14/1/2020 07:42

It’s interesting to note Berenbergs previous share price target was 670p with a buy, they now say hold and target 730p

Peel Hunt are still at 768p

I don’t give any credence to analyst notes anymore, they are nearly always reactive rather than proactive.

Anyone even only moderately ‘researched217; could be an investment analyst with a few days of training ;-).....imho

S

[hotfinance14] 13/1/2020 14:58

Berenberg has just downgraded GBG to 730p.

[davr0s] 09/1/2020 13:59

Just noise - look at any share chart and try and show me one that goes up or down in a straight line

[sweenoid] 09/1/2020 13:45

No idea but I have already stated I thought it would go to 700p, so am sticking with that, could go to 650p if that’s breached. Profit taking in a company whose share price has appreciated significantly in a short period of time is totally appropriate as it makes a market. Those selling are highly likely to be buyers for the next leg up

Trouble is , the next trading statement is 3 months away

I am happy to have taken very significant profits between 720 and 797p ( mostly at 770-797) whilst still holding a lot. I am frankly a winner whatever happens.

This is a brilliantly managed company, serving exponentially growing markets, with an acquisition strategy that is adding to a great rate of underlying organic growth, I believe it will be nearer £9 later in 2020 or H1 2021 but no stock can go up and up and up without pausing for breathe. I will be a buyer again sub £7 if it goes there.

S

[hotfinance14] 09/1/2020 13:12

I am wondering how long this drop in the share price will last

[robow] 06/1/2020 17:43

nice intra-day reversal

[hotfinance14] 06/1/2020 16:37

Closig price of 800p today.Still strong buying for this superb company.

[sweenoid] 31/12/2019 14:39

I agree with the 900p target for year end 2020,however I think it’s going to go via The 680-700p route. I have hedged my bets and sold 70% of my holding at a very significant profit.

Nothing keeps going up at this rate and momentum without taking a pause for breath.

We have until April to wait for the trading update, that will contain the key significant information that will drive the SP

I feel happy that if I am wrong and the share price keeps edging up I am a winner, if it goes down to circa £7 I am also a winner as I will buy them all back :-) for the almost inevitable next ‘leg’ up.

The long and the short is that IMHO&DYOR GBG is a great company, well managed and has potential for massive growth

S

[hotfinance14] 31/12/2019 12:38

Cracking year for GBG with a final share price closing price of 780p.2020 should see us above 900p with the continued growth.

[sweenoid] 30/12/2019 18:15

Another fascinating and likely fruitful partnership for GBG :-)



What3words are a very interesting and dynamic company, worth researching them, have a look here




What a strong finish into the year end
S

[hotfinance14] 24/12/2019 12:44

Another great day for GBG with the share price closing at 790p with the LSE closing at 12.30pm today. I am confident we will see the year end share price over 800p.

[hotfinance14] 20/12/2019 17:16

I will keep all of my holding.May sell some when the share price is over £10.

[sweenoid] 20/12/2019 16:55

Remarkable performance finishing with 39000 uncrossed trade at 774p, which becomes the starting share price for Monday

I get the feel institution/ fund buyers are bidding it up to make their year end investment performance in this stock look very impressive,indeed Katie Potts in her Herald Investment Trust has been adding in October AND November and her annual % holding was 1% higher at the end of November than it was 1 year ago



I reckon that figure of 3.5% ( her largest holding by some way) will have increased to nearer 3.7% by the end of December. ( was 2.4% of her trust 11 months ago)

I think the share price is getting a little TOPPY now and as such sold a lot today at an average of 770p (my share price target for mid 2020!) my feeling is that the share price will take a breather in January/February and if it does I will spend all the profit ( all in ISA fund) to buy them all back at a lower price, if it carries on gaining I still win with my residual holding, a win win scenario

I have learned the lesson of the past , a big profit in a share price in a short time period means taking some juicy profits, greed is bad.

That really is it for 2019
S

[hotfinance14] 20/12/2019 09:36

With the current share price at 766p at 9.30am today GBG is a £1.5bn company. I expect we are in the top 20 biggest AIM companies now.

[wolansm] 20/12/2019 09:35

No sign of a dip here mate, however I sold a few hundred saw a nice second hand gt4

[lomax99] 19/12/2019 13:07

Stop it, I prefer to buy on dips!

[sweenoid] 19/12/2019 12:56

Ok 1 more before Xmas
Age verification by online retailers especially in the ‘gaming’ community is going to be a gravy train for GBG :-)

Presumably other countries beside Holland will add compulsory age verification to all their ‘national’ gaming companies. I guess the same will occur in other jurisdictions too, online porn is an obvious one

££



S

[hotfinance14] 16/12/2019 16:05

Sween..I expect recent GBG rises are due to the FTSE rises after the election resuts.