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GB Group

December 2012

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:
  • 96p
During the month, GB Group announced the acquisition of TMG for £2.25m cash with a further £0.75m based on future performance. TMG is a Criminal Records Bureau umbrella organisation and carries out 0.17m CRB disclosure checks each year. Speaking to the company, they expect great things from TMG as all six such providers have recently been mandated to provide checking online. A new area of growth will also come from making current convictions available for checking by potential employers/recruiters.  GB also reported its H1 results to end September with sales up 44% to £17.7m reflecting a full six-months from prior year acquisitions. Organic growth was 14%. Adjusted operating profit was up 57% to £1.5 million for eps of 1. ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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