GB Group – positive interim trading update, but already in the share price?
By Steve Moore | Tuesday 21 October 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.
Identity technology group GB (GBG) has updated that in results for the six months to 30th September 2014, to be announced on 24th November, it “expects to show an adjusted operating profit of not less than £3.7 million (2013: £2.6 million)” and that “we expect our strong performance to continue through the second half of the year”. The following reviews in the context of the announcement having helped the shares approaching 4% higher to 146p.