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

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

You too Mack!

quite intrigued by this stock so took up a holding today :)

welcome to the club Dandu...

interesting that another 250k buy @ 17p has gone through as a late trade

looks like someone is 'stock building'?

Well they can happily build away as far as I am concerned and the
more the better!! Maybe there's news on the way...???
Welcome dandu71 - it's certainly an interesting share anyway!!!
;>)

Buys outweight sells again today,is someone stocking up ready for some big news???

Who knows but guess what? We hope so!!! (lol)
I just wish the trades would move the price!

Ive been in on this one for a while now and gonna top up because got a good feeling about this.

Demand still exceeding supply but price not yet going up.....

I wish I had a crystal ball!!

Trust me it doesn't help..(!!lol)