Updates

Glisten

April 2008

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.

The shares continue to perform well - relatively if not absolutely - in an unloved food sector which has been impacted by rising raw material prices and continuing margin squeezes from the big supermarkets. But Glisten's performance has remained resilient, with this month's interim results to 31 December showing turnover up 13% to Â£33.5m boosted by acquisitions. Pretax profit (before share based payments) was up 25% to Â£3.3m with eps up 24% to 16.9p. During the period, Glisten acquired three more snacking businesses including the branded nut company Dormen (included for 16 weeks) and two fairly small manufacturers active in the low fat/baked snacks sector (included for eight weeks). All three traded very strongly but without the ...

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Melorio - Forecasts lifted again

Cosalt - Landsbanki sets 450p target

Glisten (July 2009)

Glisten (April 2009)

Glisten (February 2009)

Glisten (October 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- Take profits (April 2003)

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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