Gb Share Discussion Threads

[hotfinance14] 09/2/2023 07:47

How have the dynamics changed ? The big acquisition ?

[seanyboy] 09/2/2023 04:16

Alas the last interested party did not see it that way! You say currently cheap? So when it was recently hovering at 300p it musta been a STEAL & even then no one interested! Look I also like GBG group but at least for now the dynamics have changed big time!

[sailorsam1] 08/2/2023 08:11

Good international growth opportunity and cheap imo. Get bought by US and scaled up over there

[aishah] 07/2/2023 15:16

What makes you think that?

[sailorsam1] 07/2/2023 13:59

Looking cheap. I wonder if a bid will appear

[seanyboy] 02/12/2022 06:09

Just read that report thx for the link! Have to say I cannot see investors being in any hurry to invest! There is of course potential but will that be enough to underpin the current SP? The ace in the hole of another bid as suggested in an earlier post is a bit desperate - they really need to be announcing MAJOR new clients/partners for any near-term move north! IMHO

[hotfinance14] 01/12/2022 13:16

I thought the same and I didn't see a target share price that they usually have in the report.

[marktime1231] 01/12/2022 12:40

Brilliant from Edison. The poor report is hiding good news! How much are we paying these guys?

[hotfinance14] 01/12/2022 08:17

GBG Edison report published today :

hxxps://www.edisongroup.com/publication/h123-performance-masks-strategic-progress/31720/

[nigeldoug1] 30/11/2022 17:54

Bring back Richard Law a good M+A guy.

[wolansm] 30/11/2022 09:11

Paid way to much for that acquisition and now paying the price .... Heads should roll in my view £10 is a long way away if it ever returns....

[seanyboy] 30/11/2022 08:34

Can't argue with this script! Def the sentiment with GBG has dramatically changed but importantly the growth prospects remain! Patience is in short supply for punters hence the tecent stampede for the exit door but GBG is due "good news" I feel so will hang for that possibility & put a stop @ 300p

[marktime1231] 29/11/2022 18:41

Weak growth on a constant currency basis, and repeated reference to headwinds from a stuttering crypto market? Continuing to write down the intangible premium in the price paid for Acuant? A drop in margin? Where are the synergy savings? No longer eradicating net debt at the phenomenal rate we got used to? Nothing like the super upbeat outlook we usually get?

These numbers do not deserve GBG to be trading at any higher.

I can see lots of reasons why the pre-emptive 5% drop in share price was followed by another 5% drop today. The headline trading figures did not reveal the crummy bottom line. All pretty disappointing, no wonder the prospective bids came to nought. Trading at about a 50% discount to the 725p the market coughed up to buy Acuant. How many investment managers who decided to participate will be in line for a bumper bonus, how many private investors nursing huge losses share the "looks good to me" view?

[primarch1] 29/11/2022 16:06

Like the company and I can see revenue/profit growing once the new acquisitions are bedded in but the debt pile is putting me off for now

[saj3] 29/11/2022 08:46

Chance of another bid maybe in 6-12 months

[hotfinance14] 29/11/2022 08:44

The loss/profit beore tax of zero is mainly caused by a relative increase in operating expenses which is explained as :

Adjusted operating expenses increased in total by 51.7%. 28% of this was as a result of the prior year acquisitions and 8% was due to the translation of non-GBP expenses at less favourable FX rates than the prior year. The remainder of the increase relates to new roles hired in the second half of the last financial year and current year wage inflation, which averaged approximately 6.5%. The effect of these factors was partially offset by the effect of integration cost synergies and a reduction in bonus accruals to reflect lower full year outturn assumptions.

[seanyboy] 29/11/2022 08:31

Roaring back like the tiger it is! GBG remains a very good growth stock! Current price for me well undervalued! Imho

[farukequity] 29/11/2022 08:24

H1 (Loss) before tax (GBP0.0m) (100.2%) YoYThis looks rather poor for a business valued at GBP800M?

[saj3] 29/11/2022 08:22

Gave me a chance to load up

[hotfinance14] 29/11/2022 08:21

Seems to be as I can't see anything negative compared to the trading statement.

[saj3] 29/11/2022 08:12

Bit of an over reaction?

[hotfinance14] 29/11/2022 08:06

The share price is down on open over 5%. Not sure what is so negative in the results.

[hotfinance14] 29/11/2022 07:46

I agree plus there will be good revenues from cross sales with acuant clients.

[seanyboy] 29/11/2022 07:43

You would expect this report to at least underpin the current share price and invite more investment! Tie-ups with new & major clients would also get them back in favour!

[hotfinance14] 29/11/2022 07:35

All looks good to me.

Lots of new large customers

Crpto does not seem to be a major issue :

The start to the second half of the financial year has been in line with our expectations despite macroeconomic pressures impacting some of our end markets. Year to date, cryptocurrency and internet-economy customers have seen the greatest slowdown, with customers in traditional financial services such as banking, pensions and insurance more stable. We note that the second half has so far seen cryptocurrency customer activity normalise at a similar run-rate to the second quarter and for the remainder of the year we expect these customers to account for around 2% of Group revenue.