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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

Glisten - Fast growing niche food group

August 2002

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.

  • Epic Code:
  • GLI
Glisten is a new company formed to create, via its "buy and build" acquisition strategy, a portfolio of foods businesses in niche markets.  Its goal is to grow  annual sales to over £100m over the next few years.  This might seem ambitious, especially since it implies sales growing seven-fold from the current base of £13.8m. Shares in food producers are enjoying something of are naissance right now as investors search for companies that can produce steady and reliable growth in markets where demand is unlikely to fall off a cliff.  Shares in Glisten currently trade on a forward PE of 7.0 compared to the sector average of 15.8 and part of the reason for this is that Glisten is a new company without an established track record. ...

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Related Articles

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 £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 - Gain so far: 38% (April 2003)
Glisten (January 2003)
Glisten (December 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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