Glen Group Share Discussion Threads

[vinny1066] 16/2/2009 11:37

FlyingSwan

April 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 .

[knowing] 13/2/2009 15:04

vinny take a look at IPI over the weekend.

[vinny1066] 13/2/2009 12:43

All

We never really know why people sell lines of stock at this level when the return , given the spread , is relatively small . Surely at these levels its a stock to at least best kept until it breaches 1/8p. As money is and can be tight i guess people sometimes need to sell just to get some money . Like most people in live i would have been thankful for £10 in my time . So i guess these sales reflect the persons financial status at a given time or maybe not . Yes there is some buying and hopefully our investments will bear fruit in late April/May. I think the company is not prone to spending on luxury items or life-styles. Don`t think it can afford to !!! Anyway lets just sit and wait.

Regards Vince .

[gantenbrink] 13/2/2009 11:05

I have a few of these and added some yesterday. I note that they went through on Plus yesterday but can't say I'm particularly familiar with it. Do they use the same MM's as AIM for trades do not register on level 2?

Also is there any other trading platform for these shares for I note your comment about lots more buying today FlyingSwan but can see no trades on level 2 and only 1 buy on Plus so wondered where you had seen more. Sorry for my ignorance but I have only previously dealt in shares which appear on Level 2 in what I see as the traditional manner? Thanks Gant

[knowing] 13/2/2009 10:34

Markets quite good this morning. Even PEN has started to move.

[relishing] 13/2/2009 09:55

When's that sun spot event you mentioned on the MRP thread?

[flyingswan] 13/2/2009 09:50

Lots of buying this morning but it still has not ticked up. The whole market seems a little more positive this morning IMHO

[8trader] 12/2/2009 22:23

lol

In fact LOL !

Hilarious :-))

[poppadom2] 12/2/2009 22:19

I own 3 telecoms businesses and stand by my last comment about glen group, if they can cut out their luxury overheads and expensive staff they will return an excellent profit. my 3 comnpanies do and so can they. massively undervalued given the potential for someone to take this over and turn it around. If my businesses on average canm return 18% profit before tax and after dividend so can glen. Bound to rise, might be tempted to slowly build up a stake and take them over.

[flyingswan] 12/2/2009 21:25

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.

[knowing] 12/2/2009 19:17

Took some sellers out today but still more buys in the system.

[knowing] 12/2/2009 16:12

Well let's hope others take notice.

[flyingswan] 12/2/2009 15:13

I was checking out some of the Trend Spotter sites on Glen Group:
BARCHART

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy

[knowing] 12/2/2009 13:08

Online still 1M both ways.

[knowing] 12/2/2009 12:24

Oh dear I think that just goes to prove what a trouble maker 8T is!! Why he has to express his views when he holds no position??

[8trader] 12/2/2009 12:20

vinny.

I've not seen one post in the last few days which has been offensive !

Now "knowing" has been filtered for a long time now so is it him
that is being "offensive" !

[vinny1066] 12/2/2009 12:11

knowing

Cheers mate. Much appreciated . As Sharewinner2 will tell you i often come off the site when the atmosphere between people becomes offensive . So just keeping our comments measured is the best thing .

Regards Vince .

[knowing] 12/2/2009 11:57

Well said vinny. Good to see alot of buyers out there today as well.

[8trader] 12/2/2009 10:10

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.

[dell314] 12/2/2009 09:43

8Trader - You're not actually holding this are you?
It looks like it could just as easily run out of dosh, as make a go of it.

Aren't there better odds around, away from the pump'n'dump muppets who appear to be pumping every fractional priced share for no other reason than the price begins with 0.0 pence?

Many of the new investors that are jumping aboard all these pumps thinking news must be out there are going to be left with portfolios from hell, once MMs walk the stocks back down. I haven't seen anything this daft in a long while....

Rgds
dell

All IMHO, DYOR etc.

[knowing] 12/2/2009 09:35

What a pathetic attempt to deramp by 8T

[8trader] 12/2/2009 09:27

Dont mention delisting to this lot :-))

Most of them are just day-traders !