I've followed GUD for a number of years - mainly from the point of view of keeping abreast of its Sunbeam electrical appliance business, which is (more like "was", really) a competitor to Breville, in which I am a shareholder.
I've never been a fan of GUD as an investment, however, because I have always found to represent a hodge- podge of businesses (mostly bad ones) cobbled together.
However, in recent years, the company has moved to shed some of its poorer-quality businesses (including Sunbeam) and recycled the capital into what I consider to be GUD's highest-quality business, namely the auto parts division.
With this business now dominating GUD's financials (after the disposal of Dexion and Lock Focus businesses in the past 6 months, which were both just distractions for management), I see it as an investment grade company with decent organic growth prospects at high ROE.
So I have been buying shares in the company in recent weeks.
Why it has gapped up today is anybody's guess, but I hope it comes back down, because I would like to continue buying more of the business.
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