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Bglobal Share Price (BGBL)



Share Price Information for Bglobal (BGBL)


Share Price: 6.50Bid: 6.00Ask: 7.00Change: -0.125 (-1.89%)Faller - Bglobal
Spread: 1.00Spread as %: 16.67%Open: 6.625High: 6.625Low: 6.50Yesterday’s Close: 6.625
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Bglobal Plc Ord 1P

Bglobal is listed in the FTSE AIM All-Share
Bglobal is part of the Support Services sector




Intraday Bglobal Share Chart


Intraday Bglobal Share Price Chart


Share Price SpacerPrice
6.50

Share Price SpacerBid
6.00

Share Price SpacerAsk
7.00

Share Price SpacerChange
-1.89%-0.125

Share Price SpacerVolume
0

Share Price SpacerOpen
6.625

Share Price SpacerHigh
6.625

Share Price SpacerLow
6.50

Share Price SpacerClose
6.625

Share Price SpacerCurrency
GBX

3 Month Bglobal Share Graph


3 Month Bglobal Share Price Graph


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 106.31m £6.91m 5,000

52 Week High 9.50 52 Week High Date 21-AUG-2013
52 Week Low 3.75 52 Week Low Date 23-JUL-2013

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
1 0 0 -2.399 -2.71 0.00 0.00


London South East Users info for Bglobal


Users who watch BGBL also watch:

Users who hold BGBL also hold: Lloyds Grp., National Grid, Aviva, Royal Bank Scot,


Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

22-Apr-14
09:57:50
6.00
150,000
Sell* 
6.25
7.00
9,000
Trade Type:
Ordinary

23-Apr-14
14:06:26
6.675
12,210
Buy* 
6.25
7.00
815.02
Trade Type:
Ordinary

23-Apr-14
12:21:44
6.60
60,078
Sell* 
6.25
7.00
3,965
Trade Type:
Ordinary


*Buys and Sells are calculated on the difference between the trade price and the current mid price. As such, they can occasionally be incorrect.

View more Bglobal trades >>

Directors Deals for Bglobal (BGBL)
Trade DateActionNotifierPriceCurrencyAmountHolding
30-Sep-11Buy
Trade Notifier Information for Bglobal
David Gammon held the position of Non-Executive Director at Bglobal at the time of this trade.
 David Gammon
9.55GBX50,000500000
31-Aug-11Transfer From
Trade Notifier Information for Bglobal
Peter Benson Kennedy held the position of Non-Executive Chairman at Bglobal at the time of this trade.
 Peter Benson Kennedy
03,288,02425150814
05-Aug-10Notification of Holding
Trade Notifier Information for Bglobal
David Gammon held the position of Non-Executive Director at Bglobal at the time of this trade.
 David Gammon
00250000
View more Bglobal directors dealings >>

Date/Time
Author
Subject
Share Price
Opinion
Wed 15:03
shylock
RE: 23RD AUGUST 2013
6.63
No Opinion

"I got the information from my own moles." ===== Thanks for clarifying. Discussion about non-attributable allegedly inside information tends to be fairly short, for obvious reasons so probably best to wait for hard news. "I've neither seen nor heard anything to suggest the Chairman has experience of running plc company overheads - I can only assume that you know him personally hence your view." ===== John Grant has limited experience of running a plc; but he is simply the figurehead put in place by the activist shareholder, Hawkwood Capital who have a vast bank of relevant experience for him to call upon. But you knew that, I'm sure.
Wed 13:25
30silver
RE: 23RD AUGUST 2013
6.63
No Opinion

"30silver, I don't remember seeing the KPMG valuation published anywhere. Could you help out with a link?" ===== It wasn't published, I got the information from my own moles. "Can't remember seeing these rumours anywhere either. But if they are true, perhaps they are a form of "golden goodbye"? Clearly, a number of former staff, managers and possibly even a director or two, will now be surplus to requirements." ============ Again these rumours are from my moles and were discussed as linked specifically to the sale. "Golden Goodbyes" are another matter, and any payments to staff over and above the contractual requirements (notice pay) would be highly unusual for a business like this. "We don't know how much has been saved but I trust our chairman to ensure that the overheads will be commensurate with the scale of the Utilsoft operation - even if the full listing costs now have to be borne on narrowed shoulders. More news coming on the overheads front, I expect." ======== I've neither seen nor heard anything to suggest the Chairman has experience of running plc company overheads - I can only assume that you know him personally hence your view.
Wed 12:35
shylock
RE: 23RD AUGUST 2013
6.63
No Opinion

"£2.1m is a lot more than many would think would be possible for a loss making business, but it's a lot less than the price tag that KPMG put on the metering business" ===== 30silver, I don't remember seeing the KPMG valuation published anywhere. Could you help out with a link? "How about the rumours of significant bonuses being paid to directors / senior management involved in the deal process" ===== Can't remember seeing these rumours anywhere either. But if they are true, perhaps they are a form of "golden goodbye"? Clearly, a number of former staff, managers and possibly even a director or two, will now be surplus to requirements. "Utiligroup will now have to bear all plc costs, not just a (1/3?)" ===== The key question should be: what overheads will we be carrying going forward? Clearly they will be a lot lower than they were with a significantly reduced head count, reduced chairman's remuneration, no CFO remuneration and no rent, rates and maintenance on the former HQ building. We don't know how much has been saved but I trust our chairman to ensure that the overheads will be commensurate with the scale of the Utilsoft operation - even if the full listing costs now have to be borne on narrowed shoulders. More news coming on the overheads front, I expect. And let us not forget that we will now be able to cash in some or all of our accumulated tax credits, simply by virtue of making a profit at last. I note that at least two-thirds of today's trades so far have been buys. I often find it takes the market a while to see what I can see in a nanosecond.
Wed 10:07
30silver
RE: 23RD AUGUST 2013
6.63
No Opinion

I suspect there are a lot of people on here with agendas but given the anonymity afforded by these boards, who can tell what they are? The price isn't really £2.3m rather it's £2.1m on a cash free debt free basis, as £0.2m is for the completion cash within the business, but that's just a "clever" piece of spin on the part of Bglobal in the announcement and hardly material in terms of the overall deal size. £2.1m is a lot more than many would think would be possible for a loss making business, but it's a lot less than the price tag that KPMG put on the metering business, I wonder if your moles told you that bit? How about the rumours of significant bonuses being paid to directors / senior management involved in the deal process - anything from your moles on that? So far the market doesn't think much of it, but when Bglobal update us on the future profitability of the newly re-shaped group we will have something more substantial to talk about, as you rightly pointed out in an earlier post. I see you're using Note 2 of the September 2013 interim results to come up with your £1m profitability of Utiligroup (£916k EBITDA / £704k PBT based on Interim run rate - not allowing for seasonality). That said, Utiligroup will now have to bear all plc costs, not just a (1/3?) share as per that note, and there was an under-recovery of central costs leading to a net EBITDA deficit in the plc of £0.3m which will also need to be included. Even with significant cost reductions (obviously the CFO's costs are out so without a replacement that's a big chunk) we've still got a CEO in here at nearly £300k (unless he's now surplus to requirements) along with the rest of the plc board plus market costs, expensive legals, audit, market costs etc. Let's have some big wins in for Utiligroup then we can all see a sustained share price rise instead of these temporary spikes that characterise the last 6 months. We also need an update on the financials urgently to understand where we lie and I won't be happy being made to wait until July for that!
Tue 19:21
shylock
RE: 23RD AUGUST 2013
6.63
No Opinion

lancashire72, the sale price of £2.3m is approx £2,299,999 more than I was expecting. What we have left is the crown jewels plus an unexpected bag of cash and no debt. This is why I invested here so today's news makes me a very happy camper. You may have a different agenda, I suspect.
Tue 17:10
lancashire72
23RD AUGUST 2013
6.63
No Opinion

"KPMG are going to cost a few bob for sure. And they will be offering strategic advice as well as conducting an audit and all the other stuff you have to lay out before potential buyers in a data room. But just supposing Samsung are a potential buyer: they aren't going to waste their time reading the considered view of J. Bloggs & Son of Darwen High Street. But they will trust and believe one of the big 4." REMEMBER YOUR POST- NOT QUITE THE SALE OF THE CENTURY IS IT SHYLOCK !! Not sure how long it will take but I posted a while ago that my impression after speaking to Mr Grant was that it could be a couple of months. And, yes, I fully expect the SP to sag in the interim unless there is some positive news from somewhere. That doesn't bother me in the least because a) I bought plenty at an average of under 5p; and b) it would be currently impossible to buy a similar stake because the MMs have kept a tight lid on trades, mostly falling back on their miserly NMS. Had I been a day trader, I would have been selling at 9p - but I'm here for longer, and for more. Let's remember that Mr Grant/Hawkwood own a lot more shares than us and they won't be spending money on KPMG without good reason. By the end of the process, I will be surprised if there isn't a tasty offer for some or all of the business from someone in Mr Grant's black book - who may even have insisted on a KPMG review first.

Share prices shown are taken at time of message posting.
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