Updates

Glisten- Take profits

April 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

For the six months to 31 December, the seasonally stronger half and the first six month trading period following the acquisition of The Glisten Confectionery, profit before tax and goodwill was Â£852,000 on sales of Â£8.47m. Adjusted diluted eps was 6.7p. The comparables are notreally meaningful given that Glisten was a private company last year. On 30 September, a first deferred payment of Â£1.7m was madeto Glisten Confectionery's vendors, leaving borrowings of Â£2.2m at the year end. The market is thin andthe shares stand towards their highs. An acquisition is needed forthem to break sharply higher. With most corporate advisors sitting ontheir hands now would be a good time to do a second d ...

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Parkwood

PatSystems - Benefits from War induced volatility

Glisten (July 2009)

Glisten (April 2009)

Glisten (February 2009)

Glisten (October 2008)

Glisten (April 2008)

Glisten - Increasing brand ownership (October 2007)

Glisten - Moves squarely into organic food (April 2006)

Glisten - Moves into fast growth cereal bars sector (February 2005)

Glisten - Acquisitions will be trigger (November 2002)

Glisten - Reduces placing price (July 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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