the julio
29 Mar 2016
Re: Results 2015 What makes you believe there will be no dividend in future?
Damp Seaweed
29 Mar 2016
Re: Results 2015 I can't really see the short /medium term investment case for this company.Any decent turn around is going to take at least 18+ months, and they are already way behind the curve on peer to peer lending / alternative funding. They also have a cost of capital of >6% which doesn't look that cheap to me.And clearly there is going to be no divi for quite a few years so we don't even have that crumb of comfortDSDecidedly gloomy on GLIF prospects
the julio
29 Mar 2016
Re: Results 2015 GLIF has made significant changes to its business model with a new CEO, moving away from CLOs and reducing the number of crowd funding platforms its invests in. I believe that both the Sanctus investments could improve profits. Reported net asset value is down to 42.73p with a reduced dividend but at a significant discount to NAV with growth prospects I believe the shares to be a striong hold.. Not for the faint hearted and as always DYOR.
Vosene
29 Mar 2016
Re: Results 2015 The way I see it, the previous CEO went for diversity with too small a capital pot, and ended up with small stakes in tinpot companies, many of which required significant further capital to scale up. For a while they were able to get support from the market for fundraisings, but this ended last December which pulled the rug from this strategy.So now they have to concentrate their firepower and hope that 3 or 4 of the 20 or so businesses they invested in actually make it big, which won't be quick, or happen without additional capital support I would guess. In the meantime it looks from comments in the RNS that BMS and Sancus - the 2 most successful bits - may merge which should provide scale and reduce costs:"Our objective with the strategic review is to obtain the largest and most sustainable 'gain' for the level of investment in human and capital resources. Where we have stakes in assets with particular complementary strengths, for example our investments in GLIF BMS Holdings Limited and the Sancus Gibraltar and Sancus Isle of Man entities alongside our wholly owned subsidiary Sancus Limited, we believe the whole would be materially greater than the sum of the parts."
Damp Seaweed
29 Mar 2016
Results 2015 Pretty dire reading, once you get past the rhetoric. But they have had a strategic review and decided to try and make the business successful So are these results already priced in ?
leperky
24 Mar 2016
large volume..and stop loss News from a few days ago, could help explain the recent volume and move up...?[link] that stop loss wasn't triggered?. Discipline is indeed required, but stop losses don't always work so well with smaller shares i've found. The thin market allows them to be hunted out too easily. Correct allocation of capital v risk is another method, tho its unlikely to get me rich quick (rich slow is better!)
RichardLY
08 Mar 2016
No comments on latest news? 'Major interest in shares'?
RichardLY
04 Mar 2016
Todays RNS, can anyone explain? N.M. Richard N.M.
Toran
04 Feb 2016
Re: near my stop loss? Along with discipline i suggest numerous prayer mats.
Damp Seaweed
04 Feb 2016
Re: near my stop loss? You placed a stop loss at your chosen level for a good reason.These are dangerous and turbulent times, discipline is requir
Ramptastic
02 Feb 2016
Re: near my stop loss? One hopes the new boss restores things and the SP recovers. I'd stick with it.Jim
RichardLY
01 Feb 2016
near my stop loss? of 10%, any thoughts why not to exit this if it hits?Many thanks in advanceRichard
Toran
24 Dec 2015
RNS'S You know I really liked GLI when it only made 4 RNS's a year regarding dividend dates.I hope in 2016 this ship steadies and starts to make headway.Good luck to all who,still,sail with her.
titleisttony
21 Dec 2015
Time to top up IMHO the share price has been dropping from over 60p due to question marks over funding. These have been resolved at a stroke. OK, given the low share price, it looks as if Somerston has got a bargain at 37p per share + warrants + a 50% stake in GLIAM. However, the sound financial footing means the management can focus on realising the great potential of this company. I topped up today. Have Somerston being topping up too???
Vosene
21 Dec 2015
Re: RNS Re. Placing My guess is this will be taken private by the entities involved in the placing within the next 2 years and at a value in the region of NAV, so I am holding on for a return to NAV and reasonable dividends.
