Updates

Glisten - Second cereal bar aquisition

February 2006

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 stormed to a new high following Glisten’s acquisition of Lyme Regis Fine Foods, which specialises in the manufacture and supply of organic cereal and fruit / snack bars to both major retailers and health-food outlets. Lyme Regis, which is based in Liphook, Hampshire, generated an operating profit of £0.5m on sales of £3.6m in the year ended 31 December 2004 and will fit well with Glisten’s other cereal bar acquisition, Halo Foods. Glisten has not disclosed the consideration for Lyme Regis, except to say that gearing, following the acquisition, will amount to 70%, while the deal is expected to be earnings enhancing in the 2006/7 financial year. The vendor will receive part of the initial consideration in ...

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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)

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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)

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.

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