Updates

Glisten - Gain so far: 38%

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.

The shares rocketed by 21p to 118p after Glisten released strong interim results for the six months to December. Helped by its excellent performance at Christmas, turnover rose 9.4% to Â£8.4m and profit before exceptionals and goodwillby 11.5% to Â£0.85m. Earnings were 6.7p. Despite a further rise in the price of cocoa, gross margins rose from 24.3% to 25.8%. Glisten increased sales across its customerrange, with gains of 3% for retail, 14% to industrial/distributors, 7%to foodservice and a 21% growth in export. One highlightwas a 35% increase in sales of the in-licenced SunMaid raisin brandand the group is now negotiating to increase the range of SunMaidproducts it sells ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Wembley - US legal worries hit share price

Peter Hambro Mining - Huge upgrade in gold reserves

Glisten - Confectionery and snacking group on low PE of 3.5 (June 2009)

Glisten - Reduced trading volumes (March 2009)

Glisten - Prospective PE just 3.2 (January 2009)

Glisten - Coping with rising costs (November 2008)

Glisten (June 2008)

Glisten - Margins surge 25% (May 2007)

Glisten - Forecast beating results (December 2006)

Glisten - Record sales of Â£56m expected (August 2006)

Glisten (May 2006)

Glisten - Second cereal bar aquisition (February 2006)

Glisten - Shares hit new highs (December 2005)

Glisten - Strong results trigger broker upgrades (November 2005)

Glisten - "Buy-and-Build" confectionery group trading well (June 2005)

Glisten - Record results; gain to date: 197% (October 2004)

Glisten - Like-for-like sales up 7% (April 2004)

Glisten - Gain to date: 174% (March 2004)

Glisten - Confectionery group defies heatwave (November 2003)

Glisten (January 2003)

Glisten (December 2002)

Glisten - Fast growing niche food group (August 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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X