By Steve Moore | Tuesday 12 August 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
Shares in identity technology company GB Group (GBG) currently trade slightly higher today, at 149p, on the back of an AGM update of a “strong start to the financial year” and with the board “confident that GB Group will deliver another year of positive progress”. The following updates my April view – with the shares then at 145p – which concluded that the risk/reward was not then overly appealing for a share purchase.
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