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Guest Post: Steve Moore - GB Group – a Great Buy or not?

Tom Winnifrith
Tuesday 5 February 2013

Steve Moore and I worked together at t1ps.com ever since he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty product but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you his debut article elsewhere: Steve on AIM Listed tech play GB Group.

Shares in AIM-listed GB Group (GBG) have been strong performers over recent years – commencing 2010 trading at 21p, they currently trade at 94.25p – capitalising the company at more than £100 million. Following a trading update last week, does value remain here?

The company’s 30th January update noted that it “anticipates that the results for the year ending 31 March 2013 will be in line with current market expectations”, with both its DataAuthentication and DataSolutions businesses “trading well” and “ahead of last year”.

on TradingResearchPoint | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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