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GLI Glisten

138.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Glisten Investors - GLI

Glisten Investors - GLI

Share Name Share Symbol Market Stock Type
Glisten GLI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 138.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
138.50 138.50
more quote information »

Top Investor Posts

Top Posts
Posted at 20/10/2009 07:18 by nurdin
Not many stocks left now with PEs in the 3-4 region...apart from Glisten.The accounting faux pas at Halo Foods and the subsequent profits warning has left a slightly bitter taste in the mouth of investors but the issues there have all been resolved now and GLI look to be back on track.They reported their unuadited results for the year just gone recently which showed profits of around £3.5m and earnings of around 18p. Hardly a disaster for a company capitalised at only £11m !

Fully audited results are due next couple of weeks which will confirm the figures already reported.

GLI has some excellent brand names,is operating in a 'must have' niche of the food market and looks to be growing their market share, judging by their recent trading statement.

Consensus forecast for the current year is for a profit of over £4m and earnins of over 20p,putting the stock on a PE of under 4!

Either GLI will be rerated after they announce their fully audited results...or they will be snapped up imo.Either way I can see significantl upside in the share price from here...
Posted at 25/6/2009 13:49 by pugugly
Silverscoop:- Thanks for your input. It does not give confidence that their investors website is also seems to be down - was this one of your "lurking unseens'"
Posted at 24/10/2008 09:18 by energeticbacker
Consistent performer but debt build up a worry and last deal was pricey. There is a decent note on Investors Champion (www.investorschampion.com) but anyone know how snack businesses perform in a recession?
Posted at 03/5/2006 14:41 by churchtower
Cottlet - You will no doubt have seen the trading update today which is the main reason I suspect for the recent strength -

3/05/06 Glisten PLC said it is confident its full year will be in line with market forecasts after strong trading in the last few months.

In a trading update ahead of an investor site visit, planned for May 16,
chief executive Paul Simmonds said demand has been especially high for products
from the Glisten Confectionery division, where like-for-like sales to the end of April are now running 9 pct ahead.

Whilst strong Easter trading accounts for a proportion of this growth, the
group said its year-round confectionery business also continues to grow well.

Other highlights across the group include the continuing and successful
focus on improved margins within the cereal bar business, Halo, and ingredients
division, Nimbus; a 15 pct year-on-year increase in turnover across the Lyme
Regis Fine Foods business, acquired in December 2005; and an 18 pct growth in
sales for the Lyme Regis brand itself.

Regards CH.
Posted at 24/1/2006 12:19 by hughlss
I was informed this morning that Glisten were tipped in Momentum Investor, but I don't have details of what was said. Can anyone add to this? I'll try to find out more. What amazes me is the extent of the tips, Share Magazine, Inv.Chron., Momentum Inv. and others I believe, just about everywhere you look - Glisten gets tipped, quite rightly too, IMO.
Posted at 30/12/2005 12:02 by bernstein
I presume you guys know this is tipped as a "potential aim star for 2006" in Investors Chronicle. One of five companies.
Posted at 14/9/2005 08:18 by slj
The Telegraph - 14 Sept 2005

Glisten Tastes Sweet

Chocolate and sweets maker Glisten has a ferocious appetite for acquisitions. It gobbled up several fun-sized rivals last year plus a gobstopper that helped to double sales.

Buying Halo Foods at the end of 2004 gave the company a foothold in the fast-growing cereal bar market as well as an ingredients business called Nimbus.

Any investors that feared a toothache were yesterday relieved to see Aim-listed Glisten report pre-tax profits up 22pc to £1.62m. The shares jumped 7pc on news that Halo has been integrated faster than expected.

Glisten has cut its reliance on Christmas with the acquisition of Halo and Nimbus, which are non-seasonal businesses. Now it's free for a fresh dive into the pick 'n' mix but further acquisitions are more likely to be bolt-ons rather than something the size of Halo.

Glisten is still keen to move into new areas such as savoury snacks. Chief executive Paul Simmonds also wants to bolster the export business, which is ticking along soundly. With relatively low gearing, Glisten is well placed for more deals, provided it doesn't get greedy and over-extend itself.

The shares, up 20 to 284½p yesterday, are trading at 14 times forecast earnings and, while the prospective yield is an anaemic 0.5pc, there is plenty of room for growth. Suck it and see.
Posted at 16/8/2005 23:09 by hughlss
Odd that this is such a sound, solid investment, yet attracts so little attention.
Certainly seems to be a better class of investor on this BB - and richer too!!
I was thinking about adding another 2,000 or so before the results, until I read your post SLJ!
Posted at 29/6/2005 16:13 by m.t.glass
From Pat Lay's final column in The Mail:

...Charles Pick, food manufacturing and engineering sector analyst at Corporate Synergy, has prepared an a la carte research note on eight Aim stocks in the food manufacturing industry. Tasty value, he says, is offered by The Real Good Food Company and Zetar, both of which he rates 'strong buys' while Finsbury Food Group is a 'buy' and Inter Link Foods, Glisten and Hill Station are 'holds.' Provexis, the health food group is sent back to the kitchen as a 'sell' because there will soon be 250m shares in issue and Mr Pick is concerned at the level of the annual cash 'burn'. However, he does recommends that investors should consider the stock at lower levels, preferably below 5.5p...
Posted at 20/5/2005 14:22 by hughlss
In answer to Osmond's question - yes!
Maybe a bit early as results won't be for about 4 months, but Glisten is an exceptionally good investment for the medium/long term investor. The danger of leaving it too long is that a few, relatively small investments such as there was yesterday and today can move the price up and you may well miss out.
I have been in since almost the beginning, sold out at 2.40 (for an investment elsewhere!) and bought a few back yesterday, and intend to increase my stake considerably.
Unless you're looking for a share to trade, then they don't come any better than Glisten.
In my opinion, at any rate.

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