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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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GB Group

September 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.

  • Epic Code:
  • GBG
  • Price:
  • 347p
With the shares jigging around not far from highs of near 360p, GB’s AGM said it’s continued to trade in line during Q1 as the improved momentum in identity and resilient growth in Location continued from the final quarter of FY’24. Encouragingly, it continues to expect mid-single digit revenue growth on a constant currency basis in FY’25, which will lead to high single digit growth in adjusted operating profit, given the operational efficiency gains achieved in FY24. It’s expecting Identity and Location, the two largest divisions, which generated 56% and 29%, respectively, of sales in FY24, to drive revenue growth in FY25. It's also worth noting GB is extremely cash generative and will become more valuable each year simply by din ...

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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.

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