Updates & Ideas

GB Group - Strong messaging in CEO’s maiden statement

July 2024

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.

Dev Dhiman, the CEO of GB Group (GBG; 341p), has hit the ground running just four months into his tenure, with his first statement this month messaging efforts to build a stronger, leaner, more efficient, commercial and globally aligned GB. The market certainly reacted well sending the shares to a 52-week high. In case you are unfamiliar with the business, GB is a mashup of global business in address verification, identity verification and fraud prevention. On SCSW, my coverage of GB spans over two decades, dating back to the late 90s when it was formed as Phonelink, a company that offered low-value information services like train timetables and directory enquiries via phone lines. The internet era rendered Phonelink obsolete by ...

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Growth Portfolio 3 - July '24

GB Group - Good visibility over FY25 forecasts (November 2024)

GB Group - Identity segment returns to growth (June 2024)

GB Group (November 2023)

GB Group (August 2023)

GB Group (July 2023)

GB Group (May 2023)

GB Group - Increasingly US-weighted; unmarried but not unloved (March 2023)

GB Group (November 2022)

GB Group (October 2022)

GB Group (December 2021)

GB Group - Shares soar after H1 organic growth of +18% unveiled (November 2019)

GB Group - Buys US based ID verification business (March 2019)

GB Group - International growth only beginning (January 2019)

GB Group (May 2018)

GB Group (January 2018)

GB Group - New CEO internationalising the business (June 2017)

GB Group (May 2017)

GB Group - New CEO set to grow international sales (January 2017)

GB Group (November 2014)

GB Group (May 2013)

GB Group (December 2012)

GB Group (November 2012)

GB Group - High level of repeat revenue (June 2012)

GB Group (July 2006)

GB Group - Plans international expansion (May 2006)

GB Group - Hopes to win retail bank contract (January 2006)

GB Group (December 2005)

GB Group (October 2005)

GB Group - URU sales to triple this year and next (September 2005)

GB Group (July 2005)

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.

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