Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Hello! GB Group holders!! (GBG)     

stockbunny - 24 Oct 2003 15:06

Up at this moment by 3p - about to try and find out why!

stockbunny - 28 Apr 2004 10:20 - 43 of 187

OK than there's nothing else for it, we will all lash ourselves
to the mast and hope for the storm to ease and land to come into
sight......

""All for one and one for all!!!!""

(Sorry I have a daft sense of humour I'm afraid as jj50 knows,
If you can't laugh in this game you'd cry an awful lot!)

stockbunny - 20 May 2004 14:24 - 44 of 187

Tuesday 25th May for results people, let's hope they are good enough
to lift us out of the ditch we have been in for a while from a share
price perspective (fingers crossed!)

jj50 - 20 May 2004 16:40 - 45 of 187

Thanks for the reminder stockbunny. I just can't decide on this one whether to hang on in there or "jump ship". Haven't found out much more about it that pushes me in one direction or the other. May as well wait till 25th now!

jj50 - 20 May 2004 16:55 - 46 of 187

Have been sifting through old information on why I bought this in the first place! As I am sure you know, it had been a long term Citywire tip and last year at this time directors of GBG were investing their own money in the company, as were a considerable no. of "shrewdies", which can't be bad news. When it fell 19.1% on a single day last March, the reason given was "due to an increase in investments in new services and that a legal settlement of 100,000 will also impact earnings". Nothing here looks too dire, so I am going to wait and see what evolves at the end of the month!

amberjane - 20 May 2004 17:02 - 47 of 187

I was going to say from your previous post, 'jump ship'? I was thinking of buying in & thought we could do a deal! Mind you nobody has mentioned 'topping up' at this price wo I'll do a bit more delving.

jj50 - 20 May 2004 19:04 - 48 of 187

Amberjane, only "jump ship" because stockbunny had suggested we "lash ourselves to the mast and .....the storm"!! Recent fall had made me feel a trifle seasick (!) so excuse the nautical terms!

stockbunny - 21 May 2004 15:21 - 49 of 187

Amberjane - I haven't got a reason for not topping up GBG, it's just that
I don't do that with any company, to be honest, unless it is a good divi player (blue chip) or a stock where I have bought, sold and buy in again later on - not quite the same as topping up.
The way I figure it (rightly or wrongly) is that if I wasn't prepared to risk any more money than I did in the first place, what could have changed to warrent
risking more cash on it, especially if its gone down in value.
Its just my way of doing things, which can be a bit strange I admit!!

amberjane - 21 May 2004 16:06 - 50 of 187

No I agree, with all my shares that are down I have never bought any more but on reading some posts, to buy in later at the 'bottom', if the share then only recovers to half your first purchase youve reduced or wiped out your losses. Well it sounds good but in theory as you say......

Dont have any GBG at present but have been watching for some time.

stockbunny - 21 May 2004 16:13 - 51 of 187

Which is possibly the most sensible thing to do frankly
(sit and watch for now) if you're
not already in and don't have a servicable crystal ball (lol) it is
possibly better to see the results first - but I can understand the
temptation to get in before just in case they are really good.
Buying in low seems to work with the blue chips but the tiddlers,
like you I'm just not sure (lol or brave enough?) to do it.

amberjane - 21 May 2004 16:18 - 52 of 187

Brave or .....!! ummm I bought cfp today .84. R they at bottom? didnt wait for my 2 candlesticks!

stockbunny - 21 May 2004 16:27 - 53 of 187

Don't know the company but having a quick look...

stockbunny - 21 May 2004 16:29 - 54 of 187

Well I don't 'do' candlesticks but I do do plain ordinary graphs...
Looks like its' halfway down to me, so possibly a good bet....
Go with your instincts!

graph.php?startDate=21%2F05%2F02&period=

amberjane - 21 May 2004 16:37 - 55 of 187

Yiikks...but I like to be optomistic....its also half way up!

optomistic - 23 May 2004 10:31 - 56 of 187

Hello amberjane, I dont think you would like to be me, amberjane sounds a far nicer name! but you could try being 'optimistic' and your life could become really enlightened :-))
On a serious note your discussions with Stockbunny on topping up or averaging, I have found that doing this on the tiddlers can be risky i.e locking in more cash in companies that take months, years if ever to recover. Yet on the major stocks that do have regular changing price trends I have found it a good way of recovering from a badly timed entry point. Although there is still the problem of deciding the optimum time to re enter.
Good luck with GBG
opto

stockbunny - 24 May 2004 16:58 - 57 of 187

Good points Opto, may try that tactic at some point as what you say
does make sense, but you are also right, its all in the timing - bit
like comedy (lol)

So no news 'leaked' out of GB today....shame, I wondered if we may get
a lift today (based on optimism & sentiment) and that tomorrow that rise just
might have been built on....Guess it's all down to the actual results
and not pre-results sentiment..

stockbunny - 25 May 2004 15:19 - 58 of 187

Haven't had time to read the full run down on the results, but based
on the brief summary found on the news section here, things look OK
and the tiny divi. is maintained. Guess it needs some really positive
publicity and a few institutions to buy in some more for us to get a
further move on the share price in the near future...

Mack1705 - 22 Jun 2004 15:26 - 59 of 187

having read the audited accounts I must say I had not appreciated GBG's valuable 'tax asset'.

currently standing at 20m+ that should give GBG a massive tax saving in cash flow terms over the next few years...

looks like a steal at 18p but what do I know!!!

stockbunny - 23 Jun 2004 15:56 - 60 of 187

Thought the whole annual report was nicely done frankly - in other
words if they want to attract investment from people other then just accoutants the report needs to be readable. It certainly said it in layman's terms, even my cat could have understood the business (rare with software co's) - nice presentation too.
However here we sit (again) with the price going nowhere at 18p.....
((Snoozing...someone wake me up when the action starts....zzzzzzzzzz))

optomistic - 23 Jun 2004 19:36 - 61 of 187

Is anything likely to make the price rise from todays level?

Mack1705 - 24 Jun 2004 11:11 - 62 of 187

one or two large URU deals might light the blue touch paper...

fingers crossed!!!
Register now or login to post to this thread.