Gb Share Discussion Threads

[shrout] 08/9/2022 16:33

either that or a Donald Trump impersonator

[hotfinance14] 08/9/2022 16:27

Wol is a winner.

[wolansm] 08/9/2022 15:59

If it goes up I'm a winner, if there's no bid I'm a winner....

[seanyboy] 08/9/2022 15:57

It is a hard one to call how the share price will shape up with the deadline offer date still a few weeks away. No doubt if offer was removed share price would tank - to where depending on market conditions but lest we forget the share price was hovering at around 430p just around two weeks ago! I am loathe to sell any of my GBG shares but I did just that ie approx 33% of my substantial holding. It was hard not too with such a sudden acceleration in the share price & with the daily doom & gloom in the broader depressed market. Plus I needed some cash flow for travels. However I am confident that over time GBG will keep on accelerating - offer or no offers - and that they remain a solid growth stock!

[nigeldoug1] 08/9/2022 14:17

Very true but one would have thought that the current price would encourage them to offer, and they must have expected to pay more than the placing price?

[makingcash3] 08/9/2022 12:42

See what happned to Dark 515 last nightNo offer of buyout now 35% downSometime its worth selling now rather than being greedy so i have sold

[nigeldoug1] 08/9/2022 12:11

I think those wanting to sell have mainly sold. It needs to be £7.50 plus to attract more sellers.

[hotfinance14] 08/9/2022 10:34

Thanks for the information.

[martinthebrave] 08/9/2022 10:16

Pretty normal when you are in "bid alert" mode. GTCR have to put up or shut up by 4th October. You will get a lot more of them from institutional holders. Nothing to worry about.

[wad collector] 08/9/2022 10:12

It only signifies that they have 1% or more of the holdings and are obliged to make an opening position disclosure and a further RNS if they make any trades. They have 10 days to make the OPD. The 8.5 is just that it is a trader as an intermediary.
Always clogs up the RNS feeds in this sort of situation ; makes it hard to spot any real news!

[hotfinance14] 08/9/2022 09:52

Does anybody know the significance of these form 8.3 and 8.5 RNS's we are suddenly getting ?

[alphabeta4] 07/9/2022 23:07

I've been keeping a spreadsheet of pandemic equivalent ratings to assess potential risk for my portfolio for some time now. In the case of GBG the most recent estimate I had was £6.07. I'm not surprised private equity were sniffing around at these levels. As for take out price that's a more subjective judgement but personally having held for many years I don't see why I should accept anything below £7.50 for at least a 25% premium to that and even then I think that's being generous.

[hotfinance14] 07/9/2022 21:56

I think we will soon see 700p.

[wolansm] 07/9/2022 21:01

Any thoughts on tomorrow my guess is another up day..... whooosh

[hotfinance14] 07/9/2022 19:55

Terry..below is the latest Edison report for revenues :

2021A 217.7
2022A 242.5
2023E 300.8
2024E 337.0
2025E 379.5

A-Actual
E=Estimate

[terry topper] 07/9/2022 17:36

Another recent SaaS deal saw OMG sell its Yotta division for 7x recurring revenues.
GBG is a bit different as it’s a ‘subscription and consumption’ model rather than ‘licence and support’.
If subscription and consumption revenues are around £250m in the current year then a multiple of 8x would be £2bn or just under £8 a share.
Hopefully the forecast revenues will be bigger and there are other bidders to push the takeout price higher!

[wolansm] 07/9/2022 16:33

I won't be

[cottlet] 07/9/2022 15:34

Suggest you research Sirius mining sxx
Many lost bucketloads
In my experience
Takeouts don’t normally repay your stake….

[wad collector] 07/9/2022 14:58

wolansm, if a cash offer is accepted, and you are holding these with BPR in mind for IHT purposes, then you won't lose the iht relief as long as you reinvest in another AIM share within a reasonable timescale. Better still don't die for a while...
Funny how the market seems to have decided that 640 is fair value now, despite the absence of any numbers in the statement.

[seanyboy] 07/9/2022 11:45

I think ur roof is safe! ?

[hotfinance14] 07/9/2022 11:30

If they paid 11 times the current GBG value I would be doing cartwheels on my roof.

[terry topper] 07/9/2022 10:42

Further to my earlier comment on the Ideagen takeout:

“The HG deal values Ideagen at approximately £1,058 million, implying an enterprise value of £1,092 million. That’s equivalent to a multiple of 11.9-times enterprise value to annualised recurring revenue and a multiple of 33.9-times EV to adjusted EBITDA (earnings before interest, tax, depreciation and amortisation, according to Shore Cap calculations.”
Source: Shares Magazine, May 2022

[wolansm] 07/9/2022 10:29

A profit is a profit mate I had and have a few more was holding for BPR but for kids but doesn't look poss now