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GB Group

July 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GBG
  • Price:
  • 36.25p
GB has reported results which were in line with its May trading update, with the number of customers for its electronic age and ID verification product, URU, showing strong growth. Meanwhile, there was also an improved performance from its legacy data integrity and data solutions businesses. Overall, sales were up 14% to £12.8m. Pretax loss was £0.27m versus earlier expectations of a £0.4m profit as sales headcount was increased to take advantage of the rapidly expanding market in 2007. Net cash at the period end was £6.7m. Within that, URU grew sales from £0.6m to £1.9m. Q4 volumes were up more than 300% on the previous Q4 (from 172,000 to 572,000) and customer numbers continue to gro ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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