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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Glen Grp | GLN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.06 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.06 | 0.06 |
| Top Posts |
|---|
Posted at 03/3/2009 12:15 by vinny1066 Knowing / FlyingSwan / AllInteresting stuff . The Scots are keen to rely and promote their own in-house technology and there is no reason to exclude GLN . Seems , as i have said before , that it appears to be well run with a particular vision on where it wants to go . Given that so many Companies are at present quite lost in every respect it is at least some comfort that we can at least have a honest run at this one even though the actual share price is so so very low . Ar such levels the average punter is less likely to become involved as it seems so worthless a stock . I suspect that if it has a future it will consolidate ( 100=1> 7p ) It would give the stock liquidity and some status . Probably totally wrong but anyway just some thoughts on the matter . Still would prefer in the short-term a Management-Buy-Out . Regards Vince . |
Posted at 27/2/2009 10:58 by flyingswan President Barack Obama President Address Video:It may be this speach whick mentions new networks in the US for Electricity, Fibre Optics and Telecoms. May be also carried out in the UK as a job creation scheme. Lots of Trianing too. If this happens I am sure Glen Group (GLN) will fly. IMHO |
Posted at 16/2/2009 11:37 by vinny1066 FlyingSwanApril should prove a good month for GLN purely because of the AGM . Interms hopefully should show how the company is progressing and this should have a + impact on the share price So its a matter of justing sitting-tight . I have held my block for almost 10 months. I was drawn to them by a chap in Middle-Wollop , Hampshire at a Army Mess Bash. He was quite ++++++ on them and said at the time that the company had significantly altered itself ( meaning selling off the loss-making 2/3rds of the company ) and should in time do well . As it stands i am doing reasonably well with the shares average is : 0.062/4p. Anything past 0.15p would be good indeed and the shares could do that and more on any half resonable information especially with regards to decreasing debt and cash flows. Anyway will just have to wait and see. Regards Vince . |
Posted at 12/2/2009 21:25 by flyingswan Yes, I think it shows where the sentiment is - in Techology Stocks, like Glen Group (GLN)Look at how the US Market closed: Dow Jo... 7932.76 -6.77 Nasdaq... 1242.81 +15.76 S&P 500.. 835.19 +1.45 The Nasdaq close up the highest of the three indicies. Good look for tomorrow I think the Bulls are back IMHO. |
Posted at 12/2/2009 10:10 by 8trader Hi dell.Hope you are well, you know how it is, if you can buy 1000 shares at £1 or 1 million at 0.1p what are the punters going to do, they still think it's the best option to buy decimal, thing is so many of them have shot up (then shot down) the usual suspects move from one to another. I dont hold Gln, thought about it but the spread was just too wide, it's a lot better than some of the decimal rubbish that gets pushed and it's a 50/50 play but if i put myself in the position of management and thought i can save the company 150k a year by not being listed then i think it could happen, there seems to be at least 3 companies a week doing this on Aim, Aim need to drop their prices otherwise they will lose far more. Not saying this will happen to Glen, at least they have no debt and cash so they have a fighting chance to turn things around with cost cutting etc etc. |
Posted at 12/2/2009 09:22 by sharewinner2 Well as long as I don't have to add IVE and CMR to my defunct list too. LOL.It would be good to get some publicity on Glen. I done a search of online newspapers this morning but couldn't find anything on GLN. |
Posted at 11/2/2009 21:55 by flyingswan Glen Group (GLN) finished the day at 6th place with a 34% gain, in the FTSE AIM All Share Index today.Top Risers Price Change CGNY 0.70p +154.5% RMM 17.00p +51.1% WET 0.60p +50.0% CLY 0.25p +38.9% SOLG 13.25p +35.9% GLN 0.088p +34.6% RMLA 2.00p +33.3% MXP 2.85p +32.6% EDR 10.50p +31.3% DMR 0.18p +29.6% This should get it noticed by the press IMHO we should have another good day tomorrow, DYOR |
Posted at 11/2/2009 09:59 by flyingswan Glen Groups GLN)is doing well this morning, does anyone have a more up to date info or overview?Here is some recent news: RNS Number : 6666L Glen Group PLC 15 January 2009 Glen Group plc ("Glen" or the "Company") PRELIMINARY RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2008 Glen Group plc, (AIM: GLN) the AIM listed provider of integrated telecommunications solutions to the SME market, today announces its preliminary results for the year ended 30 September 2008. Highlights * Successful sale, as at 31 December 2007, of the Eclectic and inGroup businesses for a net cash consideration of £2.72m. * Acquisition on 27 June 2008 of Colloquium Limited, one of Scotland's first ISPs, for an all cash consideration of £100,000 excluding deal costs. * Elimination of all group debt, amounting to over £800,000. * Cash resources of over £0.5m available at the year end. * Turnover of £1.5m, up 47% compared to last year. * Gross margin percentage at 35.8% compared to 23.3% last year. * Administrative expenses reduced. * Operating loss of £1.07m represents a reduction of 58.5% over last year. * Overall loss for the year nearly halved from £3.0m in 2007 to £1.63m. * Strengthened sales team. * Board successfully restructured. * New Nominated Adviser and Broker appointed. * Proposed name change to Pinnacle Telecom Group PLC Graham J Duncan, Non-Executive Chairman commented: "The Board recognises that the first priority for the year ending 30 September 2009 is organic growth and tight cash management. We believe that the new financial year will, in many respects, be a critically important year for us." For further information please contact: |
Posted at 11/2/2009 08:53 by sharewinner2 Think it was the day of the results last summer I bought in. The only reason this has dropped off since then is because of market conditions as the Glen story is improving since around that time;(increased margin, reduced loss, aquisition, etc.). Now that the market is improving then GLN will too. |
Posted at 09/2/2009 12:45 by vinny1066 All.When you look at NNG and the death of a popular share like that then you look at GLN which actually has a cash flow and reducing debt and money in the bank -one is at a total loss to understand why money follows these stocks and i would add seo ( Stanelco or some spelling like that to this list ). At least GLN is a punt with at least a sporting chance . They are so cheap and the up-side is quite good - this punt has a value in its own right . If it goes down then at least it went with a fight . As you can see i like this stock but only within the context of a punt . The money one should throw at this should be within reason . Modest but worth a gamble on cost / return ratio . I have 10,000,000 with an average of 0.064 and 5,000,000 held in my 2 childrens names with an average of 0.060. March/April interims which will be posted in all probability in May will hopefully give us some understanding on its trading status durin the 6 months or sso of the economic down-turn. If its holding its own then we should get a reasonable response . Regards Vince . |
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