Galasys PLC Share Discussion Threads

[plasybryn] 10/9/2009 16:19

The Management of this Stock by Troy looks very good. Although the Dividend income will be lower, the stock will be more stable and I expect continued steady recovery.

[pitwits] 20/4/2009 16:20

took some tidy profits off the table here today.

[pitwits] 26/3/2009 07:13

Should still pay atleast 2 p ... probably even 3p dividend this year.

[pitwits] 23/3/2009 15:10

in for another 40k at .225 (should show up later)

[pitwits] 12/3/2009 15:46

In for more today at 21p.

[washbrook] 11/3/2009 16:35

The Board of Glasgow Income Trust plc announces that the Company has repaid
GBP23m of its zero coupon finance obligation of GBP60.8m.The repayment was split
between the two outstanding tranches of zero coupon finance; GBP10m of the
January 2010 maturity and GBP13m of the April 2011 maturity were closed out. The
repayment was made from the Company's existing cash resources leaving the
outstanding zero coupon finance at less than GBP38m. This is broadly equal to
the value of the Company's cash and holdings in fixed interest and preference
stocks. The Company has no borrowings. The Board will continue to keep the
structure of the Company's balance sheet under review in the light of the
investment objective and market conditions.

[pitwits] 11/3/2009 14:26

picked up a few of these in the last week ... average 25ish p ... anyone else still holding/bought??!

[eithin] 05/12/2008 22:09

Gilts not too bad at moment if you are for income. Managers last statement was exactly opposite my thoughts "selling prefs and buying equities". Don't know his annual remuneration but goes to show you would be as well accumulating your own income fund....

[garwatts] 05/12/2008 15:04

eithin - congratulations on a timely exit from those piles of cr*p. I'm still lumbered and I guess its a case of wait and see now:-(

[eithin] 05/12/2008 14:21

Not too impressed with the managers last statement. Selling Bristol & West prefs etc , etc. Be careful. They were deeply involved in the Split Cap affair. Had large holdings in the 3 from the Glasgow Stable but reduced on the AAM takeover. DYOR...........

[washbrook] 05/12/2008 13:13

eithin next xd should be around 7th or 14th January2009

[eithin] 05/12/2008 03:41

Now run by the Snake Oil Salesmen (AAM). Nothing would surprise me. Try finding out divi due end Jan 2009.Seems to have been on a downward spiral since AAM took over.

[washbrook] 20/11/2008 04:43

UPDATED TO 19.11.08 look how it has changed from 4.3.08.
The one Investment that's held up.
t009

[owen999] 04/3/2008 12:02

---------CLICK TO ENLARGE----------------------------------------------------------------------------------


This year if you are an investor now the 4th of March and the volatility has outstripped 2007 easily with 9 months to go.
Looking at my portfoilio of stocks 10 out of 21 stocks are more volatile than FTSE.
This is a high yielding portfolio.
yielding 5.83%
-----------------------------------------------------------------------------------------------------

[owston] 25/1/2008 21:17

thanks for that - repeat of the rns news though

[washbrook] 17/1/2008 17:32

The Board of Glasgow Income Trust plc has declared a first interim dividend of
1.138p per share (2007 - 1.105p per share) in respect of the year to 30
September 2008 payable on 31 January 2008 to shareholders on the register at
close of business on 11 January 2008 with an associated ex-dividend date of 9
January 2008.

[washbrook] 17/1/2008 13:21

Glasgow Income posted an updated net asset value today and on a discount of 15.9%.
trading on a yield of 7.65%