Glisten Share Discussion Threads

[churchtower] 02/2/2006 14:31

Looking like a buy. Bid price creeping up. CH.

[hughlss] 24/1/2006 12:19

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.

[churchtower] 24/1/2006 09:37

H & B - Equally content and added some more this morning with IG Index for a September expiry. CH.

[bernstein] 24/1/2006 09:22

I agree hughlss. I'm very happy to be holding this one. Looks like they have found support round these levels too.

[hughlss] 23/1/2006 15:29

If there's one share on AIM that's worth buying it's gotta be this one.
Preliminary announcement of results due on 14th March - very soon time to be buying in, or topping up. Results should be good, very, very good. Management haven't let us down so far and I wouldn't mind betting that GLI are on, or ahead of target.

[cootuk] 14/1/2006 05:25

As an aside...did anyone go to the last agm?...were there any freebies?
(just planning which AGMs to attend this year)

[cootuk] 03/1/2006 19:39

I'm waiting for some funds to transfer before I can buy in...the share club I was in bought GLI during 2003 and I think we got out around 200p as we thought it was toppy and would need time for the new acquisitions to settle.....but they kept on making acquisitions! I've kept them on a watchlist for the last year but been in oilies.

They have stated a target of doubling in the next couple of years and they seem to be handling all the acquisitions well.
I'm wondering whether this office abroad might also lead to buying up a few speciality companies on the continent?

When funds clear I see these as a good 2yr bet at least to double.

..edited....back in today for a few thousand

[rafieh] 03/1/2006 19:18

COOTUK,
Did you get back in today?
I first saw this in the "Chart Brakout",November edition. They tipped it at 332.5P and reckon:
"The shares have broken out of an exteded but narrow trading range. If this proves to be a mid-term consolidation, the shares could treble or quadruple from here."

Since then the shares first went down a bit( to 317) and now have broken out of the range mentioned above, with relatively good volumes. I think the conditon mentiond in the Chart Breakout has now been met and the shares are on their way for a bull run.

[cootuk] 30/12/2005 23:56

Looks like it's well and truly got out of the 250-300p trading range of the last year, plus managment has re-iterated the plan to get £100m turnover by 2007/8 (ie double t/o in next two years).
Expansion in to Europe could open up a lot more smaller continental businesses if they want to go that way.

I think I may get back in...eps looks good, and P/E ratio fairly undemanding for a growth company.

[diogenesj] 30/12/2005 23:16

Well, they're all well up on the tip (except PNT, which didn't move much). But what a weird selection. All good business, but all quite highly rated already.

[bent banana] 30/12/2005 14:12

Best small stocks

DFD, GOAL, PNT, SPI

[boadicea] 30/12/2005 13:54

So it's IC what dunnit. We could do without the kiss of death!
What were the other four, Bernstein?

[one for the money] 30/12/2005 12:17

...signing off for the new year. Have a good one all.

Cheers
John

[bernstein] 30/12/2005 12:02

I presume you guys know this is tipped as a "potential aim star for 2006" in Investors Chronicle. One of five companies.

[churchtower] 30/12/2005 10:23

OFTM - Yes still holding and happy to do so for the longer term. MMs getting a bit ahead of themselves this morning. Interested to see what the closing price will be. CH.

[one for the money] 30/12/2005 10:07

anyone still following GLI? Good move up today

John

[shoee62] 19/12/2005 13:50

Agree with you churchtower.
Stocks that stay in a compressed range seem to move quite a long way once they clear it. From march 2004 it's been in 220/240 to 300 area, and recently cleared it. Its had 2 pushes since early sept, 3rd to come fingers crossed :-)

Read somewhere some big hitter saying that with stocks the clearer picture comes from the weeklies, not daily charts. This looks clearer on a weekly.

[bernstein] 15/12/2005 14:55

Nice little buy tip in Shares Mag today mentioning potential acquisitions. A follow up story next week might add some interest.

[diogenesj] 15/12/2005 10:42

KBCPH have upgraded next year's forecast by about 7% following the recent acquisition.

[churchtower] 14/12/2005 13:49

Beginning to turn ?

[churchtower] 12/12/2005 15:19

I may of course be wrong but I would have thought this is a buying opportunity rather than selling. It is at the moment no more than a return to the area of the breakout on 4/11/05. CH.

[diogenesj] 10/12/2005 10:09

Yes, I agree with that, and I am holding the shares.
Best wishes, D.

[churchtower] 10/12/2005 10:00

Diog - I'm glad that my calculation appears to agree with the current Refs issue. Thank you also for detailing the way you reach your conclusion.I would not argue at all with your approach and would also prefer accelerating EPS growth forecast. However from any point of view Glisten is currently better than average value. Regards CH.

[diogenesj] 09/12/2005 23:09

C: From memory, 0.76 is indeed the PEG shown in Refs at the moment. However, there is a weakness about calculating the PEG in this mechanical fashion (imo).

In the Zulu Principle (the book which first popularised the PEG idea), Jim Slater says that the PEG should be the prospective PE divided by the sustainable growth rate. We don't, of course, really know what the sustainable growth rate is, but if the growth rate forecast for next year is lower than that forecast for the current year, we do know that analysts don't think the current growth rate is sustainable, even in the short term.

That's why I prefer to make my own calculation based on a prospective PE and a prospective growth rate (especially if lower than the current one). Your rolling prospective PE is perhaps more accurate than my end 2006 one, but we are still looking at a future growth rate of only 13%. 12.345/13 = 0.95 - reasonable value, but not compelling imo.

Excuse the pedantry, but these arcana make quite a difference to how one values a share (at least to me). :-)

[poombear] 09/12/2005 10:45

There is a positive article in shares mag this week. Say's that there may well be an earning enhancing aquisition very shortly.