tejo
07 Jul 2017
Fall as predicted The SP has continued to fall fairly rapidly but, as I said back at the beginning of June, the share price had got way ahead of itself and that a further 10% fall would be a buying opportunity. I think we are reaching that point.
PIE-EATER
06 Jun 2017
Re: why the 4% fall Just have a look at the mid / bottom end of the markets. Getting a little spooked by election uncertainty plus have actually outperformed FTSE 100 since Brexit. People just beginning to think a correction is likely in the market at some point and now seems like a good time to crystallise some gains, as I have done on some shares this weekTook some profits last year just before the fall so in no desperate rush to repeat with this.Divi not a real concern as company finding plenty of opportunities to grown organically and by acquisition......not exactly a shrinking market they are involved in !PE
Nooky Bear
06 Jun 2017
Re: why the 4% fall Not a bid, my mistake.finnCap today reaffirms its buy investment rating on GB Group PLC (LON:GBG) and raised its price target to 425p (from 400p).
tejo
06 Jun 2017
why the 4% fall What is the new bid?? The fall was inevitable given the excessive rise beforehand coupled with a less than generous dividend and the fact that expectations had ran ahead of reality. Still an excellent company in the right place at the right time. A strong hold and a buy if the sp falls back 10% or more from here imho
Nooky Bear
06 Jun 2017
Re: Why the 4% fall ? Very hard to explain. Unless they are worried they will be forced to sell out to the new bid. If this is the case buying now should be a good idea to sell at 425
snodgrove
06 Jun 2017
Why the 4% fall ? Has the bubble burst?
tejo
23 May 2017
Re: statosphere without logic Hallo Pie-EaterSp up again to-day, but I have begun to realise why the price is so high and why there is no logic to support it. There are a number of funds that normally focus on the big ticket shares like Shell/Unilever/Prudential etc. that have bought into GB The question is, why? It is because, imho, GB is unique in the market, is a must have share because of what the company does, and the fund managers herd like instincts make them petrified of not being in a company that they think could have an exploding upwards momentum and sp. On any normal valuation basis, the current level defies any logic but that happens in an overheated market. I just hope that the bubble does not burst.
PIE-EATER
18 May 2017
Re: stratosphere tejoagree I don't WANT to sell....think it's a good company with a good future, just don't want any one holding to become too large proportionately...esp given size of company and AIM listing.....just look what happened last ear for no great reason.PE
tejo
17 May 2017
stratosphere Well there does appear to be a bit of substantial stake building going on and I only hope this does not presage a bid. The company is very much in the right place at the right time and has rebounded in spectacular style from last year's fall back which I could never understand. The sp does seem very high but this is not a share to sell imho.
PIE-EATER
10 May 2017
Stratosphere Over the last month this share has headed for the stratosphere. The proposed acquisition of PCA Predict is sound.....can't make my mind up on the price paid (probably because not enough research done yet), but with GB on a PE of about 50 (allowing for depressed EPS at half way) this share has little room for disappointment. Having already said they have increased profit by 27% and ahead of market census, I can;t help but feel they need to pull another rabbit out of the hat on June 6th. I want to see this share continue to do well but am getting sorely tempted to put a trailing stop on it with a view to top slicing. It isn't quite back up to 5% of Mrs Pie's holdings, but heading that way rapidly at the minute......decisions, decisions.Any thoughts welcome (Thx in advance)GLA PE
hotfinance14
24 Apr 2017
Approaching 350p folks
sauloman
29 Mar 2017
Whats Happening Whats Happening? This share seems now to be losing share price. Any ideas why?
sauloman
10 Mar 2017
fall and rise This stock seems to rise and fall daily. I expected it by now to have reached 310p. Any comments
penhome
08 Jan 2017
Charts I've just done a couple of charts on GBG for another board and thought I would post them here in case anyone is interested. These are just my opinion and interpretation.I had GBG on my watch list early in 2016 but bought NCC instead. Both are in the Computer Services sub-sector of the Software and Computer Services sector.Now it's daily chart looks interesting. Since Nov 2016 it has put in two ascending lows which are buy signals for me. It's been consolidating in the 270-295 range for the last month with reducing volatility.It looks to me as if its next move will be up and that this will be signalled by a break above the consolidation range, an increase in volume and expanding Bollinger bands.Here's the daily chart:[link] it does breakout from the rectangle, it needs to stay above the top of the rectangle at around 294. The next resistance area would be around 318 which would close the October 2016 gap. After this 330 and 355 are the targets to beat. Current short term support areas are 270 and then 227.NB This analysis is largely based on information from Bollinger Bands. Looking at a standard chart, the 50ema is rising towards a cross above the 200ema which is currently rising very gently. Both RSI and MACD-H are rising. So a move up may not happen imminently, but these signals are all positive and shown on this daily chart:[link]
PIE-EATER
08 Dec 2016
Recovering some lost ground Seems to have picked itself up and dusted itself off a bit. The (slightly) ahead of expectation results calmed things a bit, as has some of the stock overhang from Richard Law stepping down and selling a big chunk of shares. I think we are now looking forward, rather than back over the last 6 months, and while the way forward isn't as "obvious" as previously - think government contract - at least there is a little optimism rather than the doom and gloom.Glad I top sliced at £3 odd when was 5%+ of the relevant account, but also glad I continued to hold the majority. As this still accounts for 3.5% of Mrs Pie's ISA account, suspect we won't be adding too much though, purely on diversification grounds GLAPE
