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

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."

Thanks for this info Mack. I hadn't picked up on this.

Mack1705 - cheers for posting this information - to be honest after the
recent falls when I signed in and came onto the BB, as soon as I saw the
GBG thread I thought OH NO! It's crashed totally now....
So thank you for restoring my faith!!
Be Lucky!!

stockbunny,

I keep an eye on ICCheshireonline(iccheshireonline.icnetwork.co.uk) which often reports on GB who are relatively big players in the local economy.

staying on the 'positive' I reckon the recent round of interest rate hikes will help enhance GB's eps:-

last year 200k credit interest on 6.9m

this year I reckon they could make 325k on a similar deposit

200k translates into 0.25p esp

325k gets you to 0.4p a share - just about enough to pay the annual divi!!!

think the market have overdone the discount on GB - I reckon even with modest take up of URU this year and the continuation of the mature business we should see esp restored at the 1.5p+ level

with most tech companies trading on a multiple of 15x esp then GBG should be much closer to 22p+....AND thats before you factor in their cash balances which currently equal 50% of Market Cap(13.5m)

I'm keeping my fingers crossed for a positive trading update on 22nd July(AGM)

Good points Mack - let's keep the fingers crossed and wait and see....

trading volume seems to be up so far today, with most trades going through as BUYS!

have I missed an announcement or has someone tipped GBG for better things?

Don't say it too loud..but..we've gained a half a penny today!!!

stockbunny,

scarey isn't it!

I topped up on Friday and got 10,000 @ 16.9p

the same 10,000 costs 17.95p today...c.6% more expensive!

wonder what has triggered all this buying interest....has some of the trading update due at the July AGM leaked out already?

I don't know...keep ears to the ground!!

Stockbunny,

now realise what got things moving today...a nice 250,000 protected trade has just been completed at 17p....

lets hope we see a few more of these buys in the run up to the AGM

stay lucky