Gb Share Discussion Threads

[sweenoid] 10/8/2020 10:10

760p close is a key resistance point
If it can maintain today’s share price action then that’s a very bullish chart forming with 800p in sight
I liked it but didn’t get the option to top up on weakness 😉 No surprise there given the positivity of the statement
That’s all my comments for a while EDIT- the analyst Q&A , by telephone must be going well 😁
S

[kemche] 10/8/2020 09:41

Happy with the update.

[hotfinance14] 10/8/2020 08:45

There should be no slowdown in growth.

Short term we should see the share price at around 800p.

[amt] 10/8/2020 08:39

Hardly a value stock. Pe of 70 odd gives no room for a slowdown in growth.

[wolansm] 10/8/2020 08:01

Good update, likely rise, but holding onto the divi that will make a fortune in the bank

[sweenoid] 10/8/2020 07:34

Super update
There has to be caveats due to Covid, they were entirely expected

The key here is that the business is ROBUST and has been since the onset of the ‘curse’, this is of course because it’s core businesses are positively affected by an increasingly digitalised world, where digital fraud, cyber crime and identity theft are rampant growth industries.

Comments like this stand out

We are pleased to report we have had a better than expected first quarter trading, recording growth for Q1 year-on-year.

Encouragingly, certain figures in Q1 are still at pre-COVID-19 levels, specifically customer churn, solvency and bad debt. We have also continued to win business from new customers, albeit at a slower pace.

For the medium-term we remain confident that certain factors will provide significant structural tailwinds, such as rapid digitalisation of business and increasing proliferation of online fraud

The GBG team has risen to the challenges posed by COVID-19 and has performed exceptionally. It has been gratifying to hear this reflected in direct feedback from our customers.

The word ‘challenging’ is totally appropriate, I like management who are honest, also this conservative statement is another example of this company under promising and over delivering on a regular basis

This is a totally ‘solid stock’, very well managed. The stock market is awash with companies devastated by COVID-19, to all intents and purposed GBG IS AS INSULATED AS IT COULD BE from the negativity, and will likely emerge in a plastic COVID-19 world eminently stronger.

In summary from my perspective a very strong ‘trading’; statement, for a GROWTH company that’s highly cash generative and as immune to geopolitical and health issues as could be possible. Investors are seemingly scrambling to switch out of beaten up stock and finding value,I think many will find it here. Given that statement I expect a positive response from the market but if not I am a big buyer on any weakness.

:-)
S

[hotfinance14] 10/8/2020 07:28

Considering the pamdemic I think this is a good update. However the market does
not usually like the word challenging.

[amt] 10/8/2020 07:13

OK update. Plenty of short term caution as the Pandemic creates havoc with economies everywhere.

[sweenoid] 07/8/2020 14:24

Well ‘Hotty’ if you are correct about a statement being issued on Monday, the market seeks to be factoring in a positive one?

No place for superstition in bets on the stock-market, but I think I will still cross my fingers at 7am Monday

🤞 😉

[hotfinance14] 05/8/2020 13:52

I am expecting revenue from financial services to be lower but this vastly outweighed by retail/gaming online revenues increasing.I

[sweenoid] 05/8/2020 13:46

Given the share price ‘action’ I have to say that you are probably correct and I am wrong! ;-)

It would be positive to know that business is good.

Certainly news-flow is very positive and informative




Fingers crossed for Monday then

Hotfinance - thanks for correcting me
S

[hotfinance14] 05/8/2020 07:43

I expect an update as they have provided this at previous years days of the AGM via
a 7am RNS AGM Statement.

[sweenoid] 05/8/2020 07:36

There again I might be wrong ;-)
I guess they could issue some form of ‘update’ on the current trading situation, but as I said I don’t expect it
S

[sweenoid] 04/8/2020 22:32

I think the AGM will just be a procedural virtual event with no update. I would be astonished if it’s otherwise. Investors won’t be present, the quorum will probably mean only the chairman and CEO attend. It’s a pity they did not give investors an opportunity to send in questions by email.
We shall see

I still rate this GROWTH company ++ and hence am totally happy to hold my shares.

S

[hotfinance14] 04/8/2020 09:14

We have the AGM next Monday 10th August so should get an update on current trading.

[hotfinance14] 20/7/2020 21:55

Delivery company Hermes is employing 10,500 more staff due to the onlne demand.I recall Hermes is one of GBG's clients.Superb news.

[sweenoid] 15/7/2020 15:20

I see that Katie Potts Herald Investment Trust retains GBG as it’s number 1 core holding at the end of June
Down from 3.2%( end May) to 3.1% ( end June) but a sure sign of confidence in this company



2 interesting new blogs on the GBG website for those interested


It’s worth tuning in to the webinar

And



S

[sweenoid] 10/7/2020 12:57

Well it appears the major sellers post results are the 3 directors who sold between them 400,000 Ot their options

The sale proceeds were used to offset the costs and capital gain accruals and the balance of the shares has been held- that’s important to me, if they had sold all their option shares immediately I would have sold mine immediately, as it is, I retain till I cashin 😉

Directors DO have a ‘gravy train’ on occasion, however I am all for rewarding good performance. This is a well run company. When options are bought, directors can greatly profit but since the gains are taxed at 28% , expenses do occur.

The sales obviously put a dent in the share price rise but are understandable

S

[hotfinance14] 08/7/2020 13:57

Broker Note :


New Target Pev Target
GBG GB Group PLC Berenberg Hold Hold 680 625

Peel Hunt taget is 768p I recall.

[hotfinance14] 08/7/2020 13:35

Sweed...what made you think the share price would go down today ? Profit taking ?

[hotfinance14] 08/7/2020 08:46

I think we will certainly surpass the 735p if not today then this week.

[sweenoid] 08/7/2020 08:26

The other factor is that given GBG’s fairly recent acquisition of IDology in the USA , it’s profile there is significantly elevated. Hence Capital ( of the US) making what is in effect a very significant purchase.

I would hope that this investment would stimulate further buying across the pond? Afternoon trading could now be more interesting

Was half expecting a drop this morning , could we challenge that pesky resistance point at 735 today?
S

[sweenoid] 07/7/2020 22:48

Mmmm
So Capital have acquire over 2 million shares in a reasonably short time without really affecting the share price in any really SIGNIFICANT way, my guess is most of them were probably acquired from another fund Who were holding less than the notifiable position, more or less a swap. However it’s good to see a US Institution taking a major stake.

S

[hotfinance14] 07/7/2020 19:06

Sween..it is 3%.

[sweenoid] 07/7/2020 18:14

Good to see an AMERICAN institutional buyer upping its holding. We are not told what the previous holding was

I believe ( May be wrong ) that any shareholder has to declare its interest when its holding exceeds 5% .....or is it 3?
Perhaps someone can advice.
I am guessing it’s 5 otherwise Capital have picked up a lot of shares
S