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

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!

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.

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!

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!!

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.

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.

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

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

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!

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

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

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..

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...

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!!!

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))

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

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

fingers crossed!!!

They always have more action in the second half of the year, as contracts
come up for renewal so Bunny-Logic says this 2nd trading half of the year is
more likely to see price movement then the first half has or tends to.
(But as always, only trust your own logic! lol)

RATS! Just tried to copy and paste a 3year chart but was unsuccessful...
If you check out the 3 year chart and look at the movement july,August, Sept
Oct in each of the years, you should see a pattern (OK it's not a huge
pattern..) but a pattern of an improved price conpared with the few preceeding
months.

NEW CONTRACT SIGNED!

Laura Ashley deal provides lift for database firm
Jun 30 2004
Daily Post

CHESTER-BASED data services company GB Group has signed a three-year deal with retailer Laura Ashley to handle its customer database.

The agreement, believed to be worth around 250,000, aims to help the home furnishings and fashion group accelerate the growth of its catalogue and on-line businesses. GB Group's DataSolutions division, whose other clients include Npower, Coral Racing and De Vere Hotels, will design and host the database.

The company said its GBHeadstart database system was the key to securing the deal with Laura Ashley.

It claims the technology allows it to design and set up a database in just eight weeks, when most sophisticated databases take months.

David Selby, head of mail order and e-commerce at Laura Ashley, said: "It's a very important step for us. Our catalogue and on-line businesses are going from strength to strength.

"To maintain our momentum we must be able to analyse our customer data to a deeper level, so we can take a more targeted approach to marketing."

Laura Ashley will use the new database to monitor customer-buying, measure the success of marketing campaigns and the impact on mail order, e-commerce and store card sales.

Dave Cockerill, managing director of GB Group's DataSolutions Division, said: "The onus is now on database management companies to design and build first-rate databases quickly."