Gb Share Discussion Threads

[marktime1231] 28/11/2022 16:30

Interims tomorrow? Fingers crossed.

[hotfinance14] 28/11/2022 11:14

I think it has been prioed in by the big drop on Friday and this will rebound as it will not have a huge impact as new cross sales totally outweigh this.

[muscletrade] 28/11/2022 10:22

@hotfinace, Would agree that the update seems to suggest that the impact of crypto will have little impact albeit the growth is lower than if crypto was going gangbusters. However since that update the crypto world has suffered a further setback with the FTX blowup which could have a further negative impact on GB. The fact is I don't know what that might be.Until I have a better understanding I'm not buying.

There is a good chance I'm overly cautious and missing an opportunity but that would be nothing new for me. The movement in The share price seems to suggest that the market is also taking a cautious approach.

[hotfinance14] 28/11/2022 08:14

The Group expects to report first half revenue of £133.8 million1 (1H FY22: £109.2 million), representing growth of approximately 22.5%. Growth in the half year included contributions from the recently acquired Acuant and Cloudcheck businesses. This more than offsets a tough prior period comparative that included a c.£8.8 million benefit from unusually high and non-repeating transaction volumes driven by the US stimulus project and cryptocurrency trading.

This suggests to me the crash in crpto will have little impact.

[2bluelynn] 26/11/2022 16:12

They get revenues off crypto https://www.investegate.co.uk/gb-group-plc--gbg-/rns/half-year-trading-update/202210200700034582D/

[saj3] 25/11/2022 18:15

I thought this was an ID fraud prevention company etc what's crypto got to do with it ?

[2bluelynn] 25/11/2022 16:43

Cheers muscle my early post on here did ask exactly that question . Prob why I've been sitting on the fence

[2bluelynn] 25/11/2022 15:49

Why the drop box ex divi until next week ? I will buy if gets much under £3.50

[daisylove] 21/11/2022 09:53

The NT bought into GBG recently at around the current price saying it was undervalued and with a target of 450.

[shrout] 16/11/2022 20:48

GuruFocus reckons GBG is 'significantly undervalued'.. gives a 'GF value' of £8.88 based on P/E, P/S, P/B & P/FCF + a GF adjustment and a rather vague 'estimate of future business performance'.

Not sure how much weight can be given to this valuation, but as a GBG holder it makes me feel a little better..

[seanyboy] 16/11/2022 14:58

Well now that crypto has crashed that might be an understatement but hopefully it gets offset with better than expected figures from other revenue streams

[hotfinance14] 16/11/2022 08:26

If you read the below recent trading statement you will see comments regarding crpto currency :



It states they expect revenues from Crypto to fall.

[2bluelynn] 15/11/2022 18:54

Been looking at this share can I ask does or will the crypto crash effect earnings on this share ?? I see GBG reports end of November so do fancy the share as it seems bombed out but worried about the press on Crypto Thanks in advance

[hotfinance14] 10/11/2022 15:12

A nice rise today with USA inflation down to 7.7% which is lower than the concensus. Hopefully this is the start of inflationn coming down significantly.

[shrout] 01/11/2022 10:57

Good point, JakNife

[seanyboy] 31/10/2022 07:39

Used to be a given that such announcements would be positive but that is not the case anymore with GBG - we are in a little window of uncertainty but still remains a good growth stock

[hotfinance14] 30/10/2022 12:43

We have the half year final results on 29th Nov so hopefully this is very positive.

[seanyboy] 29/10/2022 07:21

Pushing beyond 4quid will perhaps keep GBG on an upward trajectory & with NY closing favorable this should happen! One would think a firm offer must still be on the cards at some point and in the meantime some reassurance statement from the Board although recent statement was not altogether a disaster - far from it in fact! Still for share price to progress from here I feel there would need to be some positive news flow & of course anything negative you can flush ur remaining chips down the toilet bowl! How I've played GBG is in a previous post & I've stuck with that - even if its put some strain on my cohonas!

[hotfinance14] 24/10/2022 11:34

Regarding the debt in relation to Acuant I thought it was just the case that the debt is in USD and when converted to sterling for the balance sheet value it has increased. In a years time the balance could swing the other way due to the FX rate.It is not cash related.

[alphabeta4] 21/10/2022 16:56

Too many adjustments - I held for 6 years but sold out yesterday at 3.99. Organic looks around 2% which is awful historically. Liberim were predicting £140m rev as house broker and had no reference to one-off income adjustments. GBG's statement looks like window dressing to me, very easy to say something was one-off after the event.

[marktime1231] 21/10/2022 13:44

GBG shares now trading at a forward p/e under 15 which is astonishing for a business reporting 20+% margins growing at 20+% pa. Very worried by the reaction to the trading update, some commentators and the market seeing something doesn't add up, and it does feel to me like we haven't been told the whole story in terms of current trading performance of different parts of the combined business. Not sure it is safe to rely on Edison forecasts which are sponsored, it will take an independent critical analysis to x-ray things, or a nervous wait until full year results.

[hotfinance14] 21/10/2022 10:37

That's a big difference 400p anmd 700p.