Gb Share Discussion Threads

[hotfinance14] 12/10/2020 16:19

Here is the Canaccord GBG re-rating :

hxxps://www.sharecast.com/news/broker-recommendations/canaccord-genuity-raises-gb-group-to-buy--7668013.html

[hotfinance14] 12/10/2020 16:11

I have just found out there has been a broker re-rating for GBG at 870p
per share.I will try to find more details.

[hotfinance14] 12/10/2020 15:57

It looks like a breakout of 800p plus.Superb.

[kemche] 12/10/2020 15:30

Finally the breakout?

[imperial3] 12/10/2020 15:26

EXPN now storming ahead.

[imperial3] 12/10/2020 15:25

hotfinance14.

First half results EXPN due 17 November I believe.

[hotfinance14] 12/10/2020 13:34

Imperial..Do you know when the next EXPN reaults or trading statement are due ?

[imperial3] 12/10/2020 13:32

EXPN advancing as well.

[hotfinance14] 12/10/2020 13:32

I am assuming GBG and EXPN are on a good run as the number of online transactions are increasing due to the virus.We will soon know the GBG trading statement due around the 24th of this month.

[hotfinance14] 12/10/2020 13:16

GBG could well close over 800p today.

[imperial3] 12/10/2020 13:02

EXPN also doing nicely today so far.

[barnesian] 12/10/2020 12:50

Maybe my memory is playing tricks! I remember thinking this is why they've stopped the divi for the time being.

EDIT: I've checked the annual report. It was a pay freeze for all staff and all directors - not a 10% cut.

"Salary In the light of Covid-19, the salaries of the Executive Directors have not been increased in line with the Group-wide pay freeze.
Pay across the company will be kept under review as the situation unfolds.
Benefits. There will be no change to the benefits for the Executive Directors in the year commencing 1 April 2020.
Annual Bonus. In the light of Covid-19 and the uncertainty of the outlook, no targets have yet been set. The Committee will keep this under
review and later in the year will consider targets and how the annual bonus for Executive Directors may operate during FY21."

[hotfinance14] 12/10/2020 12:09

I have not seen any RNS from GBG stating thy have used the furlough scheme or that they have trimmed senior management pay.

[barnesian] 12/10/2020 12:05

IIRC the Company put some staff on furlough and trimmed senior managers pay and removed the dividend in an act of solidarity. Restoring the dividend will probably involve restoring staff and managers' salaries in full. "We're all in it together".

[hotfinance14] 12/10/2020 10:52

It would be great if they did reinstate the dividend. The company has
planty of cash.

[wolansm] 12/10/2020 10:27

Sorry meant 5.85 m

[hotfinance14] 12/10/2020 07:26

Toggle..those share price increases were just before the trading statement last year.We should see the same pattern thus year which I expect to be next week.

[hotfinance14] 12/10/2020 07:08

Wolan..Do you mean £4.6m ?

[imperial3] 11/10/2020 12:32

EXPN bouncing back up again.

[wolansm] 11/10/2020 12:05

If restored the divi is 46 million to hand out.

[barnesian] 11/10/2020 10:29

Anticipation of the announcement?

I'm hoping this one will be a good one, with the restoration of the dividend.

[togglebrush] 11/10/2020 10:00

FWIW. I know this is pretty weird but last year about this time there was a sizable step change in the closing price with no explanation. Unusual but I guess the lockdown is getting through to me.
‘
Last Year______Close 19_Volume__Chge 19__|__This Year____Close 20__Volume____Chge 20
‘
21/10/2019____540.00 ___168,209 ___2.47%__|__05/10/2020__711.00 ___145,050 __0.85%
22/10/2019____534.00 ___227,998 __-1.11%__|__06/10/2020__719.00 ___185,375 __1.13%
23/10/2019____527.00 ___172,178 __-1.31%__|__07/10/2020 _ 760.00___396,739 __5.70%
24/10/2019____602.00 ___801,910 __14.23%__|__08/10/2020__769.00 ___330,585__1.18%
25/10/2019____606.00 ___263,745 ___0.66%__|__09/10/2020__786.00____108,062__2.21%
‘
Weeks Step change in Close__________12%__|__ Weeks Step change in Close__________11%

[grahamnash] 07/10/2020 18:38

Thanks hf14

[hotfinance14] 07/10/2020 09:56

Big woosh in the share price this morning. No idea why.

[hotfinance14] 06/10/2020 13:56

Around the 24th October.