Gb Share Discussion Threads

[hotfinance14] 06/6/2022 07:32

Full year results on 16th June. Hopefully inflation will not have a major impact going forward.

[matthew palmer] 08/5/2022 14:50

Anyone on TECHINVEST, I am wanting to form a group of similar minded people to discuss its views etc and information.

Click my name and send a note.

[mozyali] 06/5/2022 10:07

Guess its risk off season for now.

[hotfinance14] 04/5/2022 16:35

I can only think it is the USA and UK expected interest rate rises over the next 24 hours.

[mozyali] 04/5/2022 15:18

Any reason this is dropping today? Moved quite a bit

[hotfinance14] 27/4/2022 07:42

Interesting article yet brokers have targets around £9 per share.

[lomax99] 26/4/2022 23:04

Telegraph today:Questor: it's hard to say anything bad about this tech stock. Here's why we're selling regardlessQuestor share tip: the only concern about GB Group is its valuation – at a time when all tech companies are under pressureCyber security specialist GB Group ticks so many boxes it feels churlish to say anything but nice things about it, especially as we can point to a 150pc-plus paper gain (with dividends on top) since our first look at the business more than five years ago.But the valuation still looks lofty and a lot of similarly well run, well placed, well financed companies are seeing their shares struggle thanks to the one-two punch of inflation and higher bond yields and interest rates. As a result, the economic backdrop may not be conducive and it may be worth taking profits.Granted, it can be argued that this column is behind the curve. Technology stocks have been under the cosh for some time and GB Group, whose shares closed last night at 604p, itself peaked at around 950p last autumn.The shares are however starting to advance smartly from their spring lows, so momentum-oriented investors may well continue to enthuse, especially as last week's full-year trading update read well and has prompted analysts to nudge up their earnings forecasts.In addition, GB Group has a good record of organic growth and has had a knack of finding good acquisitions to supplement its underlying sales and profit momentum. In 2021, the company bought American identity verification and fraud prevention expert Acuant for just under £550m and this year GB Group has snapped up a much smaller business in New Zealand's Cloudcheck to bolster its anti-money laundering skills.But the strong business momentum must still be set against the valuation. The stock trades on about five times forecast sales for the year to March 2023 and about 40 times earnings, on a stated accounting basis.The valuation looks less fearsome on an adjusted earnings basis, which takes into account the impact of amortisation of goodwill and other intangible assets resulting from acquisitions, but it is still about 30 times, according to consensus earnings forecasts.The premium rating, relative to the wider London market, can be justified, given the net cash on the balance sheet, GB Group's growth record and the considerable potential of its target market. And it may be that the share price slide was more the result of indigestion caused by the placing in November of 42.1m shares at 725p apiece to help fund the Acuant deal than anything else.But the valuation leaves little room for any unexpected disappointment and history does suggest that an environment of rising interest rates can hinder the performance of even the best technology stocks. They drive up the discount rate used in discounted cash flow models and drive down the net present value of future cash flows and thus the theoretical fair value of the stock.Time to (very reluctantly) take profits. Sell.Questor says: sell

[hotfinance14] 21/4/2022 12:31

It will be re-rated for sure.

I am sure there will be an increase in dividend this year even with the
debt repayment. GBG is a very solid company run by top management.

[wolansm] 21/4/2022 12:28

When it hits a new high and hold I will be less critical..... what are the dividend expectations... I don't expect much tbh

[marktime1231] 21/4/2022 12:23

The ability of GBG to generate cash to repay the loans driving its growth is phenomenal. Not just paying off $40M, but doing so in the 5 months after first drawing the loan. The credit rating must be excellent.

Too early still to know how successful the big Acuant acquisition is going to be, but signs are that it is delivering its expensive promise, confirmed by financials slightly ahead of expectation.

Phew, a welcome leg up. Well done GBG. I wonder if the commentators who started to have doubts will be rerating, GBG might be back in the tipster columns this weekend.

[hotfinance14] 21/4/2022 11:33

Nice woosh today.

I am expecting the share price to be back over £7 in June when we the final results and over £8 when we have the AGM update in July. By the end of the year £10 is possible.

[gswredland] 21/4/2022 09:14

Thanks hot

[wolansm] 21/4/2022 09:05

Admittedly no longer into the detail here and neither will most, just have to wait a full year. I'm no longer a seller as view this differently now as a hold for my adult family ... That's not to say I will never sell though.. Time will tell 6 ish is better than 5 ish though.

[hotfinance14] 21/4/2022 08:59

New Edison report out giving an share price valuation of 943p...

hxxps://www.edisongroup.com/publication/strong-h2-performance-drives-upgrades/30796/

[hotfinance14] 21/4/2022 08:58

Wolan. last years profits included the one-off revenues from the US stimulus programme from the government.

[wolansm] 21/4/2022 08:49

Not bad .... But profit is almost the same as last year.... No less than £58m so what is it £58.1, less than £59 the price will not climb to a new high on this.

[gswredland] 21/4/2022 08:43

GBG always delivers.Excellent

[nigeldoug1] 21/4/2022 07:50

Agreed. 15% organic growth and paying down £40m of debt is a fantastic achievement. Onwards and upwards!

[hotfinance14] 21/4/2022 07:24

Excellent trading update.

Revenue of approximately £242m and profit of not less than £58m which is
above market expectations, Integration of the acquisitions seems to be going
very well.

[hotfinance14] 20/4/2022 07:33

We have the trading update for year ending 31st Match 2022 tomorrow. For y/e March 2021 we had revenue of £218m and an adjusted operating profit of £58m .for comparison purposes. There is also the impact of the large acquisition thus year.

[hotfinance14] 10/4/2022 12:40

It will come in time.

[bothdavis] 09/4/2022 10:39

Would be nice to see a sensible rerating of GBG, and, a return to a much better rating.

[hotfinance14] 09/4/2022 08:50

We have the below GBG key dates coming up so a few updates :

GBG Year End - 31 March 2022

Pre-close Trading Statement - 21 April 2022

Full Year Results Announcement - 16 June 2022

Annual General Meeting - 28 July 2022

[hotfinance14] 08/4/2022 16:11

Great find Skanking :

hxxps://www.idology.com/press-release/gbg-increases-focus-on-global-products-and-creates-the-largest-pure-play-identity-verification-and-fraud-prevention-provider-in-the-americas/

[skanking] 08/4/2022 13:10

Loads more info on the Idology website. Yossi Zekri heads up a new Global products group. Bit of an update on how well the aquisition has gone including some details on a big telco contract