Goco Share Discussion Threads

[lomax99] 30/12/2020 10:20

It seems comparison website's are all the rage, noting Zoopla's announcement yesterday that they were to acquire Confused.com from Admiral for £508m.

[thewheeliedealer] 26/12/2020 23:28

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days before Xmas and part of our discussion includes GOCO which I sold just a few days ago, and the Podcast explains my thinking behind this. We also chatted about loads of other Stocks and Ideas for research. We discussed the outlook for Markets and the most likely roadmap for the next couple of months, and as usual a fair bit of educational stuff with regards to Investing.

Anyway, if you use Youtube, Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 38) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !!

Season’s Greetings !! WD
@wheeliedealer

[m_kerr] 26/11/2020 18:49

agree barry. i always prefer straightforward cash. i've never even heard of 'future plc'. there's no chance of a competing bid as shareholders representing about 1/3 of the shares have a binding agreement to sell to future.

[bbarry8] 25/11/2020 15:45

Disappointed but would accept 136p cash, no interest ftr shares

[m_kerr] 25/11/2020 15:18

pleased with the price of 136p for this well run company - i invested at about 64p back at float, so a good profit. hopefully it gets back to the implied offer price.

[death by donut] 25/11/2020 13:06

Well I reckon 136p has now turned into 121p ?

[death by donut] 25/11/2020 11:31

Or maybe not given FUTR price :-)DbD

[death by donut] 25/11/2020 08:03

Done deal I think.

[death by donut] 25/11/2020 07:15

Takeover by FUTR , equivalent 136p.DbD

[death by donut] 23/10/2020 15:57

And there we go , nice update today.Glad I topped up yday , finally timed something right lol.DbD :-)

[death by donut] 22/10/2020 14:53

Couple of nice buys today?DbD

[trad3m3] 15/7/2020 01:20

https://www.bloomberg.com/news/articles/2020-07-14/gohealth-is-said-to-price-ipo-above-target-at-21-a-shareMust read ASAP... GLP!

[death by donut] 03/6/2020 10:44

+ve RNS & hopped over 200 ma.Hopefully in time it's onwards and upwards.

[micha14] 11/2/2020 10:07

I wouldnt worry @Windsor430. Sit tight, this is a fabulous ROCE, asset light business which is currently undervalued. There was a private offer of 480m for it just few years ago when it was smaller. Good insider holding. I d say as it stands its easily worth 650m. 27m of owner earnings at a multiple of 24pc, or free cash flow yield of 4.1pc. people havent caught up with it as the arlet cap is so small. Earnings in 4 weeks.

[windsor430] 31/1/2020 15:35

Such low volumes here - less than 50k worth - mad for a 400m mcap & big brand biz... also v quiet BB - only been holding 14 months, but done OK here. Any holders about & got any insight to share? I'm a fan of Look after my bills - can see that growing much quicker than anticipated with bigger marketing spend. Very compelling benefits.

[death by donut] 18/10/2019 17:24

Well nice to see it close above £1 .DbD

[heapos] 17/10/2019 13:01

What will it take for it to break out over the £1 mark?

[death by donut] 10/10/2019 13:31

Nice gap up today?DbD

[johnsoho] 26/9/2019 08:01

Now this I reckon is a VERY good announcement:

26 September 2019

GoCo Group plc

26 September 2019

AutoSave live customers(1) surpass 220,000

GoCo Group plc ('the Group' or 'GoCo') today announces that its AutoSave business has in excess of 220,000 live customers, an increase of c.28% since the 8(th) July and surpasses the previous guidance to grow customers by at least 25% by 31(st) December 2019.

The strong growth in live customer numbers demonstrates consumer appetite for a service that addresses the needs of infrequent switchers, representing an incremental 23m household(2) opportunity in the UK whose needs are not being adequately met by the existing price comparison offerings. The Group operates two brands, Look After My Bills and weflip, well placed to address this consumer need.

The Group now expects to grow the number of AutoSave live customers to at least 260,000 by 31st December 2019, representing growth of c.50% on the 175,000 live customers as at 8(th) July. The additional growth in live customers will be delivered within the marketing spend previously outlined.

There are no other changes to the Board's expectations for the full year 2019.

Matthew Crummack, CEO of GoCo Group, said:

"Our strategy to address the needs of the infrequent switchers continues to build momentum. I am delighted to announce we've already exceeded our previous target for full year live customer numbers - demonstrating the market potential for our AutoSave business.

"We are committed to continuing to grow our AutoSave business. Our ambition is to rapidly scale customer numbers and maintain a disciplined approach to the cost of customer acquisition. We believe that this will lead to a significantly higher EBITDA margin profile for GoCo Group and be transformative to Group earnings by 2022."

[maximus57] 15/8/2019 16:37

Not looking good here, have to admit it I don't have the patience now as well. I'm out all the best to holders

[discodave4] 25/7/2019 09:46

I'm out.This needs more patience than I've got!. Good luck holders.DD

[maximus57] 25/7/2019 09:19

This drop is way over done in my opinion. This is a company in transition, diversifying and building value for the future. They are a progressive company in a competitive market place. Time will tell as to the benefits of the recent accusations

[davr0s] 25/7/2019 08:40

Your deluded lol

[riostroy] 25/7/2019 08:17

Trading is suspended - head shot, this one is a loser.