Vanquish13
01 Nov 2016
SP Decline A £1 wiped off the SP in a matter of weeks, back to levels seen at the start of the year is very unnerving for me.New CEO aside, and slow activation of Gov't system shouldn't have the affect on the SP we are seeing today in my view. One would hope a further RNS could be issued to clarify/explain any basis for the drop?
PIE-EATER
01 Nov 2016
Kiss of Death? Apparently tipped in Daily Telegraph Questor column as a buy...............Kiss of Death?Personally I now rate it a hold until some of fog clears and things become little more "straightforward" (if that can ever be the case). Might have to wait for next trading update / results to see which way is forward though. GLA PE
PIE-EATER
28 Oct 2016
Re: Something very odd Only thing I could link it to is profit warning from NCC ???
Scooby Doo It
22 Oct 2016
Re: Something very odd It's simply fundamentally overvalued, same for NCC. Comment from a broker on NCC - Priced for Perfection. Same for GBG and looking the same for HOTC (but that at least has momentum)
tejo
21 Oct 2016
Something very odd Despite my earlier view that the initial fall in the sp was simply overexcited expectations, the last two days makes one wonder if there is something very odd going on. Before the update, the sp had been falling and there were sales by directors. However, post the update there has been a selling frenzy with a large number of transactions both numerically and in value. The chart shows the sp falling off a cliff as if a fraud had been discovered or an imminent lawsuit,of which there is no indication and all the brokers had been recommending buy at various higher prices. Well, time will tell, but there does appear to have been a reaction way beyond the event that started the slide..
PIE-EATER
20 Oct 2016
Re: Interesting fall Would tend to agree with all those points, the only thing I would say is that GB has been pretty good at delivering what it said it would do, and flagging up changes to those forecasts, and that they have taken the opportunity to plan the exit and replacement of the CEO. In other words a Ronseal situation.The disappointment I suppose is that MMs and perhaps one or two investors have not heeded advice that GDS (like ALL government entities) will not hit their target dates for implementation of projects. GB were aware of this and factored it in to their forecasts. I trimmed holdings by about 1/3 some weeks ago purely because it was becoming a disproportionately large holding. If it falls much more (say 260ish) I may have to initiate an additional trading position.GLAPE
tejo
20 Oct 2016
Interesting fall Yes, in line with expectations but it depends on whose expectations. When you have a p/e of nearly 40 and a derisory yield, clearly the expectations are for a much greater rate of growth than the results indicate. Change of CEO is always a worry since they tend to leave at the peak. Still a very good company but will very likely trade at a more subdued level until above average growth re established. A lot riding on the new CEO
PIE-EATER
20 Oct 2016
interesting fall ! Anyone got an idea why the (current) 12% fall this morning?Results in line with expectationsNo obvious shocks?Thanks in advancePE
Vanquish13
25 Aug 2016
Wow!!! £305,000 sell???
Simbr
08 Jun 2016
Re: Good results, poor dividend finnCap's note out earlier today: "As expected, this is a good set of results. Driven by international growth and expansion in the blue-chip client base, FY 2016 revenue is up 28% to £73.4m, although slightly below our £74m expectation. Adj. EBITDA rose 25% to £14.8m and adj. operating profit was up 24% to £13.4m, both in line with our forecasts. However, the group has a much reduced tax charge of just £0.2m in FY 2016 so FD adj. EPS..." scraped from research tree
Simbrad
08 Jun 2016
finnCap's note out earlier today: "As expected, this is a good set of results. Driven by international growth and expansion in the blue-chip client base, FY 2016 revenue is up 28% to £73.4m, although slightly below our £74m expectation. Adj. EBITDA rose 25% to £14.8m and adj. operating profit was up 24% to £13.4m, both in line with our forecasts. However, the group has a much reduced tax charge of just £0.2m in FY 2016 so FD adj. EPS..." scraped from research tree
tejo
08 Jun 2016
Good results, poor dividend The results, as expected, were very good but the dividend increase was poor. I know all the reasons for conserving cash for acquisitions etc. but the dividend cover is now unduly high and unless they assume profits will flatten or fall, should imho, been halved not increased. At the present rate for increase, the yield will still be meagre in 5 years time.
oldjoe1
20 Apr 2016
GBG, BIG UPSIDE......... <b>GB Group plc 27% Potential Upside Indicated by finnCap</>Posted by: Katherine Hargreaves 20th April 2016GB Group plc with EPIC/TICKER LON:GBG had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at finnCap. GB Group plc are listed in the Technology sector within AIM. finnCap have set their target price at 350 GBX on its stock. This would imply the analyst believes there is now a potential upside of 27% from the opening price of 275.5 GBX. Over the last 30 and 90 trading days the company share price has increased 20.4976 points and increased 28.25 points respectively. GB Group plc LON:GBG has a 50 day moving average of 262.40 GBX and a 200 Day Moving Average share price is recorded at 254.13 GBX. The 52 week high for the stock is 291.84 GBX while the 52 week low is 186.5 GBX. There are currently 125,728,550 shares in issue with the average daily volume traded being 69,255. Market capitalisation for LON:GBG is £364,612,795 GBP.
tejo
20 Apr 2016
update Excellent forecast but the problem remains of sky high p/e and tiny dividend. Rise in sp more than compensates but it cannot put a foot wrong and departure of ceo is a concern.
oldjoe1
20 Apr 2016
GBG, Chart breakout........ GBG GB GroupBreakout......[link]
