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Not sure why bitcoin and share trades are significant in this business. Increased on line sale activity- well yes, I can see that being positive due to lockdown.
Ignore the daily ups & downs, this company is heading for the FTSE100 - but before it gets there some US Mega-Co will swoop in and buy GBG for 40% over the market value at the time. The Conservatives will go apoplectic, but will be torn between wanting to protect a UK company and "keep it British"; and free-market values which means everything is for sale at a price.
and more to come.
Performing really well. In oversold territory even after a rise today. I will add more as £10 seems fairer to me.
Looking at the open today it dropped back to 800 then went up again. Is this an attempt to stop people out?!
It looks like the SP is dropping for no reason but should start recovering soon. We have seen this before with GBG.
Well it has but fear now it's heading back to 800!
Like a lot of stocks it's struggling for direction now. Will buy more if it drops to 860.
Ditto, but it wasn't 2 mill! Agree re internet security, but also particularly I like the ID proving and protection side of it.
Well I've now bought a chunk. Internet security is good thing to be in.
Robina. There is a good volume of trade here. Something is brewing..
2m share bought at 8.60 last week and directors bought at 8.74 in Dec
Looking to get back in here but what concerns me is all the fairly recent Director selling. Must be a good reason for that.
Sorry if I’ve missed this, anyone know who’s bought up 2m worth of shares? Doesn’t look like any director deals
Stick to what your good at,clear the decks.
Wait for take over.
Likewise, compliments of the season to you and Bigtosh, CHEQUEMATE and anyone invested here. I see there is a 3% yield and suppose it will largely be inflation proof returns for GBG so a safe return in the future. Very good that covid hit Britain has reached a sensible agreement with the EU as the clouds are lifting for us now. I expect Boris will want to hand over the reins now rather than be a punchbag that the offices of public service have become.
Just like to wish everyone here a merry Christmas and a very happy and HEALTHY new year. It has been an awful year, especially regarding Covid, casting a major shadow over the year. It really has put things into perspective, what is important and what is not. Our health is worth far more than our investments. Lets hope we can all get that vaccine asap and get back to some degree of normality again, whatever that may be. It isn't just the socialising that has been missed this year, the going on holiday, and many other things but actual physical human touch. Is there light at the end of the tunnel, just maybe, just maybe.
Today we have news that it looks almost certain, as much as it can be in this present world, that UK has come to some agreement with the E.U over Brexit. Too many theatricals in my opinion. If a deal can be done at the 11th hour and 59 minutes why on earth not far, far earlier!. Why push things to the absolute limit, bonkers. Any agreement made could have been thrashed out ages ago surely. A positive should be that the stock market should now be relieved. It should enable us now to have a fresh look at things with more confidence. It may just tempt me back into the market a little more. Tempting to say it is a little late for me to get back into GBG, but having said that there is little reason why in a years time GBG won't be trading well above £10 and possibly nearer £12. No prediction made there, and hopefully it won't put the mockers on things. Who knows what Trumpty Dumpty has in store in his last month in office!. I half expect him to arrange a re-inaugeration (spelling, sorry) ceremony for himself.
So, everyone, stay safe, stay well
Regards
CM
The upward trend is exceeding chart expectation at the moment but maybe due to recent global expansion-56% of business in last results, a good figure to watch post brexit.
so no surprise to see GBG perking up again. The fall has been ridiculous so I think it will be just under 900p on results which is more realistic. Today's rise should just be the beginning in the run up to results.
A nice rise in the GBG SP last week. I expect the SP to be over 900p in the next few weeks. A lot of great potential in the company.
Good evening BT.
Good to see there has been some modest recovery for GBG. It is now back to and slightly above where the share price was exactly a month ago. I think I gave up understanding the stock market some years ago. How it works now is very different to previous times when there seemed to be some logic in it all. Don't know if it is down partly to a different generation of investors looking for different things; perhaps faster gains, shorter time periods for holding, and most certainly the internet has made a significant difference with instant access directly, not through a broker. Now we pretty much all have access to information which use to be available only to brokers. Automated trades, and those tiny trades, still no nearer understanding those - is it balancing buys to sells?, I really don't know. But it does seem that although doing thorough research is still advisable it is still often like throwing darts at a dartboard in a room with the lights off. Can't argue with GBG performance overall over the years from 60p to near £10 all be it with those unexplainable jumps and drops. As you say BT we have seen it all before and guess we will see all again. Am I any closer to buying back in?, well no probably not, unless the share price drops to below 700p maybe. If it does then I will want to know why and be confident, as much as anyone can be, that it will be down to just the usual carry ons for GBG.
Yes, back to being furloughed again BT. Expect to get the call to return to work before 2 Dec though to try and help get the wheels back on the wagon before we are exposed to all and sundrie before Christmas like after the last shut down. Need to make the most of the time in the mean time, getting out and with the dark evenings doing some French studying for if and when I ever get back out there.
Re the Trump; well it really wouldn't surprise me if he arranged some more rallies before 20 Jan. and may even have his own re enthronement on the same day some where else with all his supporters bowing the knee and swearing never ending allegiance to the one and only "me". He never did state before the election that he would accept the vote if he lost, just like back in 2016. He just reminds me of the character Biff from Back to the Future films, a bully and totally self centred.
Re RR. Well, I fear the end game is in sight. I managed to visit immediately before the present shutdown, gut feeling I had to go before the shut down was announced. A brief but very close, tender and touching occasion. No need to shout anymore.
Stay safe, look after Mrs. BT...........or is she looking after you?. And watch those non puppy puppies!.
Kind regards
CM
Hi CM,
Glad all is well and we are clearly kindred spirits, both born with loud voices for a reason and we only found out later in life just why that was. Stay as close as you can to her for as long as you can and keep on shouting!
Back into lockdown but for Mrs BT and me no real change, we are staying pretty much at home until we get a vaccine. Fantastic news on that front, 90% effectiveness after 12 months is astonishing and just shows what mankind is capable of when we pull together.
Haven't heard how the Russian roll out is going after testing, what was it, 60 patients? Complete lunacy......which reminds me...he's still there and apparently HE WON! Did I miss that bit? You truly couldn't make this up and what is even worse is that many of his supporters agree with him. Is there something in the water over there? Whilst I joke and laugh about this, it really isn't funny and if he carries on, as he seems to want to do. I can see some very serious problems looming because there are far too many folks out there carrying automatic weapons openly. In what warped reality should that be allowed? Anyways I digress.
In terms of the drop, and we are down again today (that makes it 10%+) is normal, as CM said in an earlier post. There is one (or more) large holders who use AI trading to cycle this share up and down and a thump down after an all time high is again very normal. This is AIM and despite the very high MCap there is a general lack of share liquidity for this and most shares. Or at least there was here until 5 years or so ago. We saw trading in the 10's of transactions per day. Now >1000 trades is normal, sometimes double that. You need lowish liquidity so that you can control the movement better and a small spread (typically here 0.3% to 0.4%) to keep the trading cost down. I haven't checked for a while but have a look at when the the spread flips to >3% or something like that, as it does now and then - all trading stops. The intention is to take it down by interweaving sells and buys and then do the same to bring it back up, at which point you have either increased share holding and/or cash. With a small spread and transaction costs in the pennies for >1,000 trades per day it clearly works. Sadly the rest of us have to sit and watch and buy and sell where we can. The CEO selling will have had some small effect but I'm relaxed at that, they have to sell at some point and an all time high sounds a good time to me. A flatter second half may have also caused some to sell off a bit but I again I expect GBG to have a few more surprises in store.
That's my take on all of this and I'm very happy to stay and buy and sell some along the way.
Anyways, have to go, a few bits to do. CM stay safe, I don't know whether you are furloughed or at work. Either way look after yourself and RR and keep shouting!
Very Best Wishes
BT
I read that the rech sector has been hit badly but not sure why.
why such a sickening drop on a day when markets had such a good run. seems to have been wobbling all over the place
since the CEO cut his holding.
Past 900p now but below the director selling point of 943p. I think it will move higher as a lot of sellers are out. The need during Lockdown will only grow.
seems to have given GBG a boost. A 260% gain after 4 years has not discouraged the column from making GBG a hold with the promise of further gains. Maybe a revisit of 900p will be seen if buying interest sticks.