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Glisten - Shares hit new highs

December 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 shares soared to a new high of 337p after "buy and build" confectionery firm Glisten announced at its AGM that it had enjoyed a very good start to the year, with overall turnover for the first four months being more than double that of last year. On a like-for-like basis, its turnover grew 13%. Glisten expects the second half to be underpinned by a number of new product and customer listings as well as extracting growth from recent acquisitions, such as Halo. Ahead of this statement, broker Charles Stanley had been forecasting earnings of 16p this year, rising to 20p next, but there’s a good chance that if Glisten maintains its strong momentum, these numbers will be upgraded. The shares have gained a useful ...

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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 - 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)

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

Glisten - Shares hit new highs

December 2005

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