Gb Share Discussion Threads

[hotfinance14] 20/6/2022 12:15

New Edison report :

hxxps://www.edisongroup.com/publication/capitalising-on-recent-strategic-investment/31029/

GBG valuation 749p per share.

[wolansm] 17/6/2022 15:46

I had loads at 25p at one point it was well over six figures only 5 now.. but yes been good over all

[hotfinance14] 17/6/2022 15:05

Wol...many of us bought in around 30p so we are still smoking the big cigars.

[wolansm] 17/6/2022 13:45

You must be a mind reader Mr Stig because I think if anyone is interested then they have been handed GBG on a plate.

[wolansm] 17/6/2022 13:43

I don't agree with inflation fully affecting these results. This company has grown but going forward perhaps not as quickly due to inflation that case I see. Your prediction two months ago £7 June 8 July and a tenner by year end are up in smoke. Rashe overpaid the market sees that plain and simple. Thankfully I'm in GBG hold mode for BPR. Perhaps a bidder will appear.

[stig2] 17/6/2022 13:34

If I was a suspicious man I might even suspect an engineered price drop to facilitate a take over bid at these levels, no evidence at all but just a sneaking suspicion. GBG in my experience has never dabbled in such shenanigans so I hope I am wrong, saying that if an offer comes in at a 300% premium I might now vote for a change of ownership.

[hotfinance14] 17/6/2022 12:32

Wol..they halved due to the massive increase in inflation plus the reaction to the Acument acquisition. This is a growth company as you know.

[wolansm] 17/6/2022 12:25

The last time a director bought they basically eventually halved......Hopefully that doesn't happen I'm not down here but have seen a lot of profit vanish.

[hotfinance14] 17/6/2022 10:35

Good to see the chairman and CFO purchasing shares at these low levels.

[hotfinance14] 17/6/2022 08:34

I expect so. They will know the share price is currently oversold.

[bulltradept] 17/6/2022 08:19

Someone just bought 290k. A fund perhaps?

[wolansm] 16/6/2022 15:12

So don't expect much next year and maybe better from then on.... So paid too much

[hotfinance14] 16/6/2022 15:02

I was in contact with the GBG FD this morning.

He stated that in relation to EPS the adjusted diliutes EPS should be looked at as this represents cashflow more closely. It was down from 22.4p to 20.2p due to the
additional shares for the Acuant acquisition. He expects this to be 21-22p for FY23
and with much more opportunity to grow further from there.

[wolansm] 16/6/2022 14:37

On what was paid for that acquisition the relays aren't great,

[marktime1231] 16/6/2022 11:59

Pretty harsh response to GBG's FY22 results, kicked down to the bottom of AIM.

Fair results and confident outlook, customary good debt repayment, 15% annualised growth rate and 70% gross margin are not enough it seems.

Dragged down by the observation that FY23 Q1 has not repeated the exceptional performance of a year earlier? The heavy amortisation / write down of the value of intangibles from the Acuant acquisiton an admission we overpaid? Or the strange "deferred revenues" adjustments in the accounting which I don't really understand?

Starting to look cheap, might Richard Longdon show support?

[chrysalis99] 16/6/2022 08:52

North of £6m of share-based payments. Nice if you can get it.

[hotfinance14] 16/6/2022 08:47

I remember the new FD buyong a chunk of shares at 880p before the huge increases in infglation. I wonder if he is still confident of making a profit on that buy.

[wolansm] 16/6/2022 08:34

Agree come along way from 25p and 980, but at the moment there's loads of value elsewhere

[muscletrade] 16/6/2022 08:30

This is a good company but it is still expensive with a high PE of over 30. They have also not chosen a great time to raise debt for the recent acquisition.

[wolansm] 16/6/2022 08:30

Earnings per share halved almost too many shares in circulation now for me

[hotfinance14] 16/6/2022 08:21

It is bizarre as I see nothing negative in the results and the overall markets are only slightly down this morning.

[nigeldoug1] 16/6/2022 08:16

Down 5%. There is no pleasing this market!

[hotfinance14] 16/6/2022 07:52

Excellent results as expected and they are confident ofreaching FY23 financial targets.

Good to see that 12% increae in dividend.

[nigeldoug1] 16/6/2022 07:12

3.81p keeos beating forecasts!

[hotfinance14] 07/6/2022 07:32

Last year :

Final dividend in respect of FY21 declared of 3.4p per share

Hopefully we will see around 3.75p in FY22.