Gb Share Discussion Threads

[hotfinance14] 24/10/2020 09:47

As in caused the drop in the share price ?

[mach100] 23/10/2020 21:33

Is it just possible that as Edison have only upgraded their forecasts in the light of yesterday's update that the research company have had a lightbulb moment? Just wondering.

[shrout] 23/10/2020 09:33

SP likely to dip down and fill a gap in the chart 840-860p before heading north again (imo)

[grahamnash] 22/10/2020 19:40

Edison's research note today on GBG:

hxxps://www.edisongroup.com/publication/resilient-h1-trading-drives-upgrades/28056

[hotfinance14] 22/10/2020 18:13

I can't blame them at 900p plus.

Going foreward I expect profits to increase year on year which will lift the share price

[new life] 22/10/2020 17:28

By directors,which is a worry

[kemche] 22/10/2020 15:53

Looks like it.

[hotfinance14] 22/10/2020 15:52

There must have been huge profit taking today.

[hotfinance14] 22/10/2020 11:52

With the potential GBG has if there was a bid for the company I would expect
this to be between £1300p and 1500p.

[kemche] 22/10/2020 11:23

In the present circumstances - just wow!

[hotfinance14] 22/10/2020 10:29

From IC Trader :

Operating profits are on track to grow by more than a quarter in the first half compared to the same period last year. This has helped wipe out most of the group’s net debt, down to £3m from £35m at the end of the 2020 financial year.

[wolansm] 22/10/2020 10:06

Eh no divide that by 5

[hotfinance14] 22/10/2020 09:25

£125...Do you mean you paid £1.25 for your GBG shares ?

[wolansm] 22/10/2020 09:16

I've been selling just got too many, got to enjoy it as recent times prove, sold £125 worth Gbg but might buy back though other stuff looks good ie telecoms people like to talk and do deals ... anyway there's no wrong answers here but or sell .... before anyone says £125 Gbg wow.... that's what I paid

[hotfinance14] 22/10/2020 09:10

Will have a look Wol.

I see GBG over £10 by year end.

[wolansm] 22/10/2020 08:34

Hot et all take a look at ACC chart I've been there for as long as here, they have been stable ie hardly moved until April... I haven't sold 1 share.... if unhappy all just filter me and dyor obviously

[hotfinance14] 22/10/2020 08:24

I best let my neighbours know I will be letting off fireworks tonight.

[wolansm] 22/10/2020 08:11

Wwwwwwhooooosh

[hotfinance14] 22/10/2020 07:50

Excellent update with an interim dividend of 3p to be declared at the date
of the interim results which is 8th Dec 2020. Wol will be pleased.

Revenue £103m and profit £27m. Superb.

[lomax99] 22/10/2020 07:29

Decent update, debt paid down should assist further earnings accretive M&A.

[hotfinance14] 21/10/2020 17:19

The trading statement to 30th Sept 2020 is now imminent. As a gauge the figures
to 30th Sep 2019 were revenues of £93.7m and a profit of £20.9m. If we can beat these figures and in a period of the virus this will be sensational.

[hotfinance14] 20/10/2020 09:55

Thanks Felix.

Great upgrade analysis. £10.20 oh my my.

[felix99] 20/10/2020 09:48

GB Group is a Multi-Year Growth Story, Upgrade to Buy: Berenberg
2020-10-20 05:42:22.365 GMT
By James Cone
(Bloomberg) -- GB Group upgraded to buy from hold and given
Street-high 1,020p price target by Berenberg, citing an overly
bearish consensus view, building M&A catalysts, and
underappreciated scope to accelerate organic growth rate.
* Analyst Edward James says in note that impact from Covid-19 is
overestimated, citing conversations with management suggesting
that some sales growth momentum has continued into 2Q, boosted
by “outstanding growth” in US Identity Verification
* This offsetting weaker trends elsewhere, expects overall sales
near-flat Y/y in 2021 vs consensus expectations at -10%;
Berenberg’s FY21 Ebit estimate now about 15% ahead of consensus
* Coronavirus is accelerating e-commerce adoption which should
drive demand for fraud prevention, identity management, digital
compliance software, and GB Group has strong platform
* Co. expected to reach net-debt neutral position in 2H21 which
brings scope for M&A, with co. understood to be in active
discussions with targets