Gb Share Discussion Threads

[broadwood] 01/11/2017 07:55

Peel Hunt
GB Group PLC
01/11/2017
Reiterates
Buy
Buy
0
467.00
515.00
437.00
48
2

[wolansm] 30/10/2017 13:49

Personally think it was more than the gov project, volume was not huge from memory, I also took a few and sold a few up and down

[alphabeta4] 30/10/2017 12:15

The big drop was investors getting into a flap about a delayed government website rollout. This meant that even through they reported in line people then worried about the risk of an earnings miss. This has long gone so is only really of historic interest but it did create an incredible buying opportunity for the brave which a few of us took advantage of.

[wolansm] 30/10/2017 09:56

Hiiiiii hooooooooooooooo off we go

[stig2] 30/10/2017 09:50

LuckyMouse
The big drop did not seem to have any reason or explanation even by small company standards which, in my experience are blown by winds that the small investor never hears about, re big numbers changing hands through funds or shorting with the usual sentiment massaging mongers. None imho were evident before during or since. Not that that i'm complaining as I added a fair bit at £2.50 but I bare in mind that gbg has a bit of a habit of going against the wind when good news is there to be seen, at least in the short term, only to come good a few months down the line. So new holder beware, don't get suckered into a frightnight sale unless there seems a good reason for the drop.

[luckymouse] 28/10/2017 16:34

My point is this could come in handy..

[countryboy1] 27/10/2017 18:32

Has anyone any thoughts on the number of trades and volume of shares that went through today after the uncrossing trade, I haven't counted them but it looks like half of todays shares went through at £4.30 after the close.

[wolansm] 27/10/2017 17:09

Lucky imo last year's results were nothing to do with the drop so what's your point

[luckymouse] 26/10/2017 19:48

crazy thgt but you cld always try being f'd to actually read last yrs T/U & outlook


and compare it to this yr

[wolansm] 26/10/2017 19:17

Yeah stig that cost me a lot 9#### ? but held nerve, just never got my head around it best of luck getting an answer

[stig2] 26/10/2017 18:44

wolansm
re £2,20 drop, i'd like to know too. Come on everyone someone must know someone that knows something and wants to put us out of our agony of ignorance. Please rsvp

[wolansm] 26/10/2017 14:26

Settling hoping above 400p

[mfhmfh] 25/10/2017 19:09

Something else to mention.

RNS in May announced purchase of PCA Predict.

Trading update stated:

'The PCA Predict acquisition completed successfully in May and the business has integrated well into the Group, giving us new growth opportunities.'

IC state PCA Predict market could be worth £1bn.

This might be where significant growth comes from.

All IMHO.

[hotfinance14] 25/10/2017 11:54

Could se 450p by the end of the week.

[mfhmfh] 25/10/2017 11:54

another buy rating in today's IC.

[luckymouse] 25/10/2017 11:19

24/10/2017 10:58 ALNC
GB Group To Deliver 40% Revenue Rise And 90% Jump In Interim Profit

[hotfinance14] 25/10/2017 11:09

Looks like another woosh on the way.

[hotfinance14] 24/10/2017 16:16

Approaching 430p.

[broadwood] 24/10/2017 16:08

I'd call that pretty satisfactory. Any news of the Government contract?


- GB Group's first half revenues grew by 40% and it expects adjusted operating profits to be up by over 90%.

The group said the board's outlook for full year revenue and profit growth remained unchanged and in-line with consensus expectations.

A pre-close update said that revenue in the first half of the year had grown by 40% to £52.6m, which amounted to an organic growth rate of approximately 17%.

It said: 'The organic revenue growth includes £3.5m from the sale of a perpetual licence to a leading European bank, finalised in September.

'This was payable on signing and therefore recognised in full under GAAP. Perpetual licenses, which are sometimes beneficial to large clients, form a small element of our annual revenues.

'Had this been a fully delivered, 3-year agreement, payable in annual instalments then our revenue recognition policies would have resulted in an underlying organic growth rate of approximately 12%.'

GBG said it expected to report adjusted operating profit for the half year in excess of £10 million, an increase of over 90% on last year.

It said this was ahead of half year expectations due to the positive effect on profitability resulting from the perpetual licence agreement. It said the recent acquisitions continued to perform well and had been instrumental in driving GBG's international expansion.

It said GBG DecTech, GBG Loqate, IDscan and the latest acquisition PCA Predict, had all had a strong first half, increasing its international presence and opportunities.

Chief executive Chris Clark said: 'The performance of GBG since the beginning of April has been very encouraging.

'The PCA Predict acquisition completed successfully in May and the business has integrated well into the Group, giving us new growth opportunities.

'Looking forward to the second half, we again have high visibility (over 70%) of our full year revenues and continue to grow well in the UK and internationally.'

[mfhmfh] 24/10/2017 12:42

buy rating re-iterated in today's IC.

[gswredland] 24/10/2017 10:57

Cheers for that mfh

[mfhmfh] 24/10/2017 10:36

GBG target prices from 24.10.17:

Canaccord Genuity: 430p

finnCap: 450p

Peel Hunt: 467p

I'm sure all these target prices will be increased once the half year results are published in late November.

All IMHO.

[hotfinance14] 24/10/2017 09:37

Already over 415p Wol.

[wolansm] 24/10/2017 09:37

Hi ho, hi ho off they go...... 420 today surely

[wolansm] 24/10/2017 09:27

One year ago this dropped like a stone to 220 I still don't understand what went down