From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE…
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares of Castleton Technologies (CTP), Globo (GBO), Mountfield Group (MOGP) and offer some share price targets.
On reviewing the previous results from “international provider of enterprise mobility management, mobile solutions and software as a service”, Globo plc (GBO) HERE the shares were at 52.5p. They declined to below 30p last month, though, following subsequent announcements of a proposed acquisition, interim results and increased shareholdings by Forum Venture Capital GmbH and Forum European Smallcaps GmbH, have recovered to a current circa 40p. Questioning whether previously identified financial concerns remain, I’ve reviewed the recent cash flow performance HERE and the following reviews the balance sheet…
On reviewing the previous results from “international provider of enterprise mobility management, mobile solutions and software as a service”, Globo plc (GBO) HERE the shares were at 52.5p. They declined to below 30p last month, though, following subsequent announcements of a proposed acquisition, interim results and increased shareholdings by Forum Venture Capital GmbH and Forum European Smallcaps GmbH, have recovered to a current circa 40p. Do previously identified financial concerns remain? …
Globo plc (GBO) has announced the signing of a Letter of Intent to acquire “a Bring-Your-Own-Device and Mobile Security software provider based in Europe”. This has currently helped the shares up to 35p, though they remain well down from above 60p in June and there continues to look good reason why…
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Cannacord Genuity (CF.), Globo (GBO), Valirx (VAL), setting share price targets for all three stocks.
Monday’s statement from Globo (GBO) was clearly designed to put the best possible gloss on the fact that its attempt, signalled in June, to raise $180 million in the junk bond market is foundering.
A 3:42pm Globo plc (GBO) announcement of a “High Yield Bond Update” seems like another job for the ShareProphets RNS translation service. Does the announcement alter my negative stance on the shares? Er… No (the RNS in normal font, my interpretation in bold)…
I leave it to Steve Moore to have the pleasure of plunging the knife into the dog blinkx (BLNX) after its profits warning HERE. It is a dog pure and simple and the shares, at 21p, are a stonking sell with a 12p target for starters. On the matter of blinkx we long term bears are again vindicated while the self-proclaimed expert on the stock, the disgraced ramper Roger Lawson of ShareSoc is one more shown up as a fool as well as a knave. But now to EBITDA.
It is now over two months since Globo (GBO) - the international provider of Enterprise Mobility Management - announced its intention to raise up to $180 million in high yield bonds, despite apparently having no real need for the funds with net cash of €47 million.
You have eighty grand in the bank yielding less than one percent. You don’t really need the cash anytime soon but even so you go out and borrow forty grand at around 4% When that loan falls due you go out looking to borrow more money at 10% to pay it back and have some more for a rainy day.
I am a long term and unapologetic bear of Globo (GBO) because the valuation just does not stack up. At 46p the market cap is £157 million. I cannot see free operating cashflow this year topping £10 million. I am not saying that this is a Norfolk just that the shares discount an awful lot of good news. They are overvalued. And…
In response to a rapidly falling share price, sorry “to the Situation in Greece”, Globo plc (GBO) has released an update…
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE…
Having earlier this month announced that in the first quarter of 2015 its “net cash position increased to €41.2 million (31 December 2014: €40.4 million)”, Globo plc (GBO) has now announced that “it will be conducting a series of investor meetings in the US and UK commencing on 19 June 2015 in relation to a potential issue of senior secured high yield notes”. Hmmm…
