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GETB Getbusy Plc

66.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Getbusy Plc GETB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 66.50 08:00:13
Open Price Low Price High Price Close Price Previous Close
66.50 66.00 66.50 66.50 66.50
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Getbusy GETB Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 05/9/2023 10:01 by asagi
was at a year high yesterday in anticipation of these results. Reaction does not bode well, shareholders clearly deciding 'not enough'.

Or maybe it was just the fast money moving out?

Asagi (long GETB)
Posted at 11/8/2023 15:36 by asagi
My understanding is that the company is not aware of any reason for the flurry of buys in the last couple of sessions. So, while they are happy to engage with fair questions from shareholders... there's not much point getting in touch and asking about this one!

Asagi (long GETB)
Posted at 14/6/2023 16:25 by pugugly
Continuing to drift down - As no divi and can now get interest on cash (on call) of some 4%) More if tied up for longer, could possibly see this continuing to drift down. Sellers now bailing out at 63p. Target downside ???????????
Posted at 12/3/2023 20:36 by pugugly
Anyone know if SVB is still the main bank for GETB? If so could still be a major problem, Extract from the FT. "The creditworthiness of customers with deposits stuck at the bank will fall"

Given the past association with SVB it might be wise for an rns tomorrow clarifying the current banking relationship.
Posted at 01/3/2023 20:38 by hastings
I plan to add a full write up in a day or two on GETB after the results and my chatting with management today.

However, given a lot of discussion around the loan announcement, I thought it perhaps worth adding what I have picked up today, which may assist somewhat.
I'll stress, it is only what I have learnt, not an opinion and I have no wish to get into a debate, as I am sure there are differing opinions on this.

By all accounts their SVB facility was about to expire later this year and they felt that a £2m facility continued to be within their requirement.
Taking another loan facility was deemed preferable to raising equity in the current climate, which probably wouldn’t go down well with shareholders.
Equally though, the market for loan finance for asset-light, modestly cash-generative businesses such as theirs has tightened and quite significantly. Additionally, the covenants required by SVB for a renewed facility would likely not give them the flexibility that they may require.
By all accounts they looked at various options with many banks and alternative lenders to find what they ideally wanted.
Covenants were seen as similar as SVB whilst other lenders were viewed as having extortionate fees along with equity upside.
As a result, they also explored alternative options including the Institutional holders, which resulted in Clive Rabie suggesting an offer that was actually deemed somewhat better than what was out on the market.
Unsecured, highly flexible in terms of covenants and actually well-priced by comparison with no upfront fees.
The key point regarding the current soon to expire rate is that it would be significantly more expensive, hence the search for an alternative.

The decisions around the facility were also taken by an independent committee of the board, so did not include either of the Rabie family members as would be expected of course.
Posted at 06/1/2023 17:20 by asagi
I understand that because we got a Trading Update in December, GetBusy is not planning to release one in January as it has done for the last two years.

Fair enough.

Asagi (long GETB)
Posted at 06/1/2023 15:31 by asagi
smells like a tip somewhere, doesn't it? Anyhow, the sharp rise didn't bring out any sellers, until it did and we came back a couple of pence.

Let's see how the market responds to future news.

Asagi (long GETB)
Posted at 27/12/2022 10:14 by mg1982
Thats a really informative post. Should help us all load up on GETB now
Posted at 29/9/2022 15:22 by tomps2
GetBusy (GETB) Capital Markets Day - September 2022

GetBusy management present a detailed insight into the Company, its products and its proven strategy for growth.

Watch the video here:

Or listen to the podcast here:
Posted at 21/1/2022 10:46 by tomps2
GETB mentioned in latest PIWORLD/Stockopedia StockSlam

Martin Flitton ‘slams’ GETBUSY (GETB) in the latest PIWORLD/Stockopedia StockSlam at 16m30s

Watch the video here:

Or listen to the podcast here:

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