ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

GLI Glisten

138.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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 00:00:00
Open Price Low Price High Price Close Price Previous Close
138.50 138.50
more quote information »

Glisten GLI Dividends History

No dividends issued between 29 Mar 2014 and 29 Mar 2024

Top Dividend Posts

Top Posts
Posted at 10/2/2010 12:13 by silverscoop
As a past holder of GLI who sold out last month following the poor figures, (my opinion), and the real possibility of a future dilution, I am obviously dissapointed for myself and anybody who paid more than the 140p now offered. I got out with a small profit, which would now be a large profit, but there are others who will have lost quite large sums. I think the Board have consistently put their own interests first and this is yet another example. Shame on you !
Posted at 17/1/2010 21:38 by boadicea
Given the sharp rise on Friday afternoon, I assume GLI is the subject of a weekend tip or something similar. Does anyone have any clues?

NB. The 14267 deal (reported late so shows as a sell) took place when the quote was 73/75p and they paid a huge 5p premium for a moderate size block - so someone (thinks?) they know something!
Posted at 13/1/2010 15:52 by silverscoop
Can't see any real recovery here. The debt levels, @ 3 x Mkt Cap, are far too high and will put severe strain on the finances. Only when the Directors vote to resume the dividend, (instead of awarding themselves big pay rises and more low priced shares), will I look to get back in.
Posted at 03/11/2009 12:50 by boadicea
Indeed - A restoration of earnings to 2007-8 levels would put it on a pe of around 2.5 and is quite a realistic prospect.
With continuing growth confirmed and no more silly mistakes it could be back around former highs in a year or two making it one of the better investment prospects around and quite suitable for those not wanting to invest in holes in the ground.
Currently I am adopting a wait-and-see approach, as much for the overall market as for GLI in particular.
It is on my list of possible accumulations as funds become available. Due to ISA considerations, this would be easier if it moved to the main market.

The next trading update, probably around mid-January, will be most interesting.
Posted at 03/11/2009 11:57 by nurdin
Looks like value here is being recognised....PE of under 4,highly cash generative,legacy isssues now burried and trading is going well.Reckon GLI share price will recover much of the ground it has lost in last 12 months ....120p looks on the cards over the next few months imo....more if the general market condition improve.
Posted at 20/10/2009 07:39 by boadicea
nurdin - Thanks for reminding me of GLI. It had slipped off my radar.

We're in the middle of a quiet period awaiting the delayed results so bound to drift with the added effect of lateness being a lowering of expectations. ("Bad figures always take longer to add up"). However, if the previous guidance on the basics were proving significantly wrong they would have had to tell us by now.

The balance sheet is not strong with rather too much 'goodwill' compared to most companies I might look at. However, it's a lot better than PFD, while even the safest in the sector (e.g. ABF) have a similar tendency and the RB. giant looks worst of the lot.

All in all, not a bad time to be giving GLI some consideration imho.

Just one afterthought - When the year's figures are out and the share price has perhaps recovered a bit further, they might conceivably go for a share issue. Risk is dilution if it's a placing without a matching open offer.
Posted at 20/10/2009 06:18 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 16/7/2009 16:08 by leetholdings
fillipe
Same as you I keep looking at GLI since the recent falls. I think they are a bit risky for me at the moment taking into account the accounting issues at Nimbus foods and the huge debt to capitalisation situation. Glisten reminds me of Jeremy Hamers other food firm Interlink Foods which grew rapidly via various acquisitions and then collapsed a few years ago. Have you looked at fif,uniq,rgd,pfd,ztr??? good luck. Lee
Posted at 16/7/2009 10:42 by fillipe
Hello everyone. I've been watching GLI since the recent drop, but there's no new news to enable a handle to be got on how the situation really is - except the very low mkt cap value of the business just now....and the mega debt.

I'd really appreciate any observations on the puntworthyness or otherwise of GLI.

Thanks in advance.

f
Posted at 25/6/2009 10:46 by silverscoop
GLI are actively consolidating production to cut costs, which is good, but have suffered a reduction in demand and are being challenged on price at the tills. This is sure to affect profits and as Summer is not the busy season for GLI's products, I feel a trip down South is on the cards. Debt is always a problem and the accounting errors don't give much confidence, (what else could be lurking unseen!) but I'm confident that GLI is a good long term investment and the share price will improve when the party season kicks in later in the year.

Your Recent History

Delayed Upgrade Clock