UK 22:31 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Globo (GBO) sought to reassure investors’ nerves last week with an upbeat announcement showing revenues for the nine months to September up 58% from the comparable period last year to Euro 50 million. It revealed that it generated free cash flow of Euro 400,000 and said that this was set to grow as its Enterprise business grew, attracting faster paying customers. So why do I stay short?
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Comments
Bigphilscolari
I have been emailed globo as a tip from investors chronicle, which suggests it may be early to short until some ‘signs’ hit the market. The info globo are sending out to the market will be convincing plenty of people.
Tom Winnifrith
The IC has been a LT bull. It may be right it may be wrong but for what it is worth I see more than enough red flags with GBO to think that it is wrong.
t
James Allinson
How’s the short going ‘Lucien’????