Updates and Ideas

Glisten - Moves into fast growth cereal bars sector

February 2005

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 amazing share performance of cake maker, Interlink Foods (670p), might make it look remarkably easy to grow a food manufacturing business through acquisition. Our guess is that it isn’t and so when Glisten, 289p, a confectionery business intending to grow along the same lines, floated in June ‘02, we were happy to recommend them in early dealings but recommended taking profits soon after . Big mistake. Glisten, which shares the same Interlink chairman, Jeremy Harmer, and is led by chief executive Paul Simmonds, previously chief executive of Hibernia, has already made a number of other acquisitions. Glisten’s first business was a Blackburn based manufacturer of chocolate confectionery, sugar-based sweets ...

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Cambrian Oil & Gas - Reverses into Silvermines

Growth Portfolio 2

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- 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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