Gli Finance Share Discussion Threads

[nw99] 09/10/2015 14:29

Time to buy more

[lord gnome] 07/10/2015 09:53

Now at lowest since 2012. This continued fall is most disconcerting. What lies behind it?

[mylands] 07/10/2015 09:49

Continuing weakness, now below 50p bid. Yield up to 10%!

[cheshire2] 05/10/2015 12:52

youtube.com/watch?v=iMLssVcHuE0

Louise Beaumont, Chief Sales & Marketing Officer, Platform Black

appears a confident speaker and to know her stuff.

[future financier] 05/10/2015 11:39

Platform Black seem to be doing ok

hxxp://www.business-money.com/announcements/platform-black-hits-100m-funding-milestone

That said - having dealt with a number of the P2P platforms I am concerned about the depth of real world experience of many of the promoters - they are not good at handling volume - and maybe they are also accepting poor quality business. (This is not directed specifically at the GLIF platforms - just a general observation).

[eeza] 05/10/2015 09:57

Offer once again dropping despite the buying.

[jonwig] 05/10/2015 09:54

The ZDP should be trading on the LSE from today, epic is GLIZ:

20,791,418 shares.
Maturity is 5 Dec 2019.
Price quoted is 101 - 103.
Maturity payment 130.696.
GRY at current price is 5.88%.

[jonwig] 04/10/2015 12:55

A thread for GLAF:



Maybe worth watching, for holders of GLIF?

[hieronymous1] 04/10/2015 12:15

Thank you Cheshire2 This is clearly a man who knows our business. Mr Miller is addressing AltFi last February and discussing the industry much more than GLIF.

[cheshire2] 04/10/2015 10:39

youtube.com/watch?v=Q4L79vXwwa8

[eeza] 03/10/2015 23:15

Small mention for GLIF.

[eeza] 02/10/2015 08:56

All buys today at 50.74 but offer dropping to 50.72 so seller still in the background here.

[trulyscrumptious] 01/10/2015 14:47

Thanks for that Boadicea, I would never have thought BBYB had such a high dividend.

[loobrush] 01/10/2015 14:23

Also tipped by Panmure Gordon today at 70p plus..

[ifthecapfits] 01/10/2015 13:52

I'll take that any day of the week.

[loobrush] 01/10/2015 13:00

80 p-fair value
Simon Thompson in Investors Chronicle yesterday.

" So with GLI Finance's shares trading at net asset value, and offering a near 10 per cent dividend yield, I remain a buyer and maintain fair value at 80p."

[boadicea] 01/10/2015 09:19

With a buy price of under 51p (but latest shows misleadingly as a sell) the yield here is a very tempting 9.8%.
Those wanting a good yield with potentially less excitement might also look at BBYB. (DYOR)

[eeza] 30/9/2015 15:36

Insti seems to be butting out.

[cerrito] 29/9/2015 16:55

Be interesting to see the price on Monday for the zeros which I see mature on 5.12.19 at 130.696p.Not spending any energy on this till I see the price.

[cerrito] 29/9/2015 16:35

Thought that these interim figures were much easier to understand than those of the last 2/3 years. The fact that they have sold off the last of the US CLO portfolio helps and the efforts that GLI as made to make the info more digestible.
I agree with the company that more productive to look at the parent company rather than consolidated figures. Good that once again we have audited interim figures.
In terms of the dividend with the current 214m shares in issue that give a dividend payment of £5.35 each half year. This was broadly matched by H1 2015 net profit-at a company level of £5.2m-but of course non realized gains produced a £4.5m profit.
I continue to be v surprised that we are given no info on bad debts.Could not find any info on currency composition of assets(apart from note 21 with the currency composition of the assets) nor of the length of the loans and what impact if any a 1% increase in interest rates would have.
No idea why in H1 15 the parent company paid £451k in marketing..can understand why the operating subsidiaries would spent marketing money but the parent company?? Note that GLI taking on extra staff and given that I have been worried that management spread too thin I am relaxed about that.
Interesting to see low number of shares that receive stock rather than cash dividends-in June 2014 for example just for a value of £117k.
Neither buying or selling at this time

[skinny] 28/9/2015 12:54

Consistent! - Panmure Gordon Buy 51.75 71.00 71.00 Retains

[bluemango] 28/9/2015 12:42

Indeed. Shareholders looking for a sustainable, regular income will be reassured by these interims.

Yield at current offer price is 9.6%.

[speedsgh] 28/9/2015 12:30

"In the longer term, there is the potential for the revenues from the asset management business to further supplement dividend cover. Given our desire for a sustainable dividend for the longer term, rather than the highest possible dividend in any one period, it is likely in that instance that dividend cover would be allowed to rise significantly before an increase in dividend is considered."

[bluemango] 28/9/2015 12:22

"With the loan book currently seeing significant growth coupled with robust average interest rates charged on those loans, we expect interest income to quickly substitute and outstrip the levels of CLO income that came to an end following the disposal of the CLO portfolio."

Bodes well for the dividend being comfortably maintained and, when appropriate, increased.