Gb Share Discussion Threads

[grahamnash] 06/10/2020 09:33

Anyone here know the date of the next trading update? Thanks.

[hotfinance14] 01/10/2020 11:55

We have a trading update towards the latter part of October.Hopefully we have new
clients that will keep the organic growth at 10% plus.

[hotfinance14] 03/9/2020 11:00

GBG has had a few good days also.Over 750p as of right now.

[wolansm] 03/9/2020 10:37

Fab I'm so pleased for them,

[imperial3] 02/9/2020 16:47

Superb rise on Expn today!

[hotfinance14] 24/8/2020 09:47

This often happens with GBG.All the trades should come through soon and the share price will be adjusted.

[togglebrush] 24/8/2020 09:28

Something happening here today ??? Share spike but with a fancy 3.8% spread and low volume.

[hotfinance14] 20/8/2020 07:30

GB GROUP PLC

("GBG", "Group" or the "Company")



Investment in CredoLab Pte. Ltd ("CredoLab")



GB Group (AIM: GBG), the identity data intelligence specialist , is leading the US$7.0 million first close of a Series A investment into CredoLab, a developer of bank-grade digital scorecards headquartered in Singapore.



In an all-share transaction, GBG will purchase a minority stake in CredoLab for a total consideration of US$3.0 million. This is in accordance with GBG's ongoing cash management strategy.



Established in 2016, CredoLab develops Artificial Intelligence driven bank grade digital scorecards for businesses that need to assess an applicant's risk profile and make better credit decisions. A closer collaboration with CredoLab will enhance GBG's digital on-boarding solution and allow the Company to reach new fintech and neobank market segments.



Consideration

In exchange for GBG's minority stake in CredoLab, GBG will issue to CredoLab 321,882 Ordinary Shares of 2.5 pence each in GBG (the "Consideration Shares").



Application has been made to the London Stock Exchange for the Consideration Shares to be admitted to trading on the AIM. It is expected that admission to the AIM will become effective and that dealings on the AIM will commence in the Consideration Shares on Friday, 21st August 2020.



Total Voting Rights

In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the Consideration Shares, its issued share capital will comprise 195,024,387 Ordinary Shares.



There are no shares held in treasury.



The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.



Chris Clark, CEO, commented:

"GBG's fraud and compliance solution allows financial institutions to onboard and transact with their customers quickly, safely, and securely. We have experienced first-hand CredoLab's capabilities from our ongoing commercial partnership. The company's AI-based proprietary technology will not only complement our existing offering but also provide critical behavioural risk reference data from good customers who are financially excluded."



Peter Barcak, CEO and Co-Founder of CredoLab, said:

"Banks and lenders always grapple with finding data that allows them to assess customers' affordability and overall creditworthiness. While GBG's fraud solution flags suspicious loan and credit card applicants during the onboarding journey, CredoLab's behavioural risk score and algorithm lowers false positives and false negatives on delinquent behaviours to discern the probability of a customer to repay. CredoLab will use the funds to consolidate its leadership in Southeast Asia and expand its presence in key markets across Asia, Latin America, Europe, and Africa."

[wolansm] 14/8/2020 10:16

I understood that your still here Sweenoid at a reduced level, I continue to watch my holding here is, considerable at least in my view hence taking my gains periodically and moving to higher yielding prospects or at least that's my plan nobody ever gets it right, when I originally got in here I shat myself when the price doubled to 50p then fell to 25p and after it rose about 7 years ago I progressively took my cg allowance iut

[imperial3] 12/8/2020 17:31

Nice rise on Expn today.

[sweenoid] 12/8/2020 16:30

I haven’t left!

I have a considerable holding

As I have done in the past, if there is weakness, I shall buy more but not at this level. When I do buy, I will repeat my strategy here- see a nice rise, sell 1/2 at profit and run the rest :-)

I see Katie Potts Herald Investment Trust seems to be doing the same as me ;-) slight reduction with profit taking but still their number 1 holding at end of July



S

[wolansm] 12/8/2020 11:07

Sween bet your tempted back if it falls a bit more, I certainly am,

[wolansm] 11/8/2020 18:11

Thanks chips it is then not of the potato or chocolate type thanks sween will have a think ... I hold a few here to, slowly reducing and moving

[sweenoid] 11/8/2020 16:35

Wolansm

IQE BIG BIG TIME, as you will see by my voluminous posts there 😂 take an hour and read the last 20, go further if you wish ;-)

I stuck my ‘winnings̵7; from GBG there today as the final top up of a very overweight position.

Making it clear I still maintain a very very healthy position here.

S

[wolansm] 11/8/2020 16:00

Glad I moved a few to DLG which goes ex on Thursday equivalent to 51.3p a share, slowly slowly.... GBG has been and continues to be good

[hotfinance14] 11/8/2020 15:32

Suddenly a huge drop in the share price around 3pm.Odd,

[wolansm] 11/8/2020 14:34

Lovely buy of 80k shares for someone, in the old days that would have cost £20k today over £640k good to see shares changing hands.

[wolansm] 11/8/2020 14:20

Hmmm PE showing way too high

[hotfinance14] 11/8/2020 14:16

Here cone the buys at 800p!!

[hotfinance14] 11/8/2020 13:35

I won't be selling for at least another 5 years so should be well over £10 by then.

[wolansm] 11/8/2020 11:24

£8 is great you still waiting for the unicorn Hot .... £10! Anyway everyone to there own... Sween what other companies interest you

[hotfinance14] 11/8/2020 10:11

Sween...a few of us got in on the low's.I bought my majority of shares at 37.5p.

I expect us to crack £8 this week.

[sweenoid] 11/8/2020 09:58

Just 1 more post
Sold half my holding this morning at a fabulous profit, retaining the other half. There are few companies I would ‘invest’ in these days and this is definitely one for the reasons I have often stated.

I have now been investing here, buying on dips and selling 1/2 later at a good profit. 5 trades in 2 years have produced significant profit whilst building a. Now substantial ( for me) core holding at a very good average buy price.i never got in at the absolute lows of each ebb and flow and never got out at the highs but nobody does do they? ( although some pretend to)

Best of luck to all , let’s hope we can crack that £8
S

[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