I guess that GLI Finance (GLIF) thought that sneaking out an AGM statement with a ghastly admission of management reward for failure at 4.52 PM on a Friday evening might go un-noticed. It reckoned without the stockmarket anoraks who run this website. Its attempt to bury bad news thus deserves, and will now get, a wider audience.
With help from Chris "three brains" Bailey and the Sun Newspaper I explain the logic behind young Steve's weekend plans. I then look at GLI Finance (GLIF), try to explain a few points to a man who attacks a bearcast he has not listened to (Brokerman Dan), Flybe (FLYB ), Blue Prism (PRSM) - surely a stonking short - and Westminster Group (WSG) and its record of cash guzzling shame.
I have met with an unprecedented barrage of hate and harassment from folks in Liverpool as I describe here. Moving on from that I ad my thoughts to those of Gary Newman on Sound Energy (SOU) and Graham Neary on FastJet (FJET) and chip in with a few ideas on Motif Bio (MTFB), African Potash (FRAUD), GLI Finance (GLIF) and Cloudtag (CTAG)
Next up is Andrew Whelan, the new head guy at GLI Finance (GLIF). His presentation was captured on video below.
GLI Finance (GLIF) last week announced fundraising proposals and a dividend policy for going forward. We recently noted the possibility of new funding being raised, and the company has now published a prospectus for a new class of zero dividend preference shares at an issue price of 100p each and noted that it is also considering a possible issue of convertible unsecured bonds.
GLI Finance (GLIF) has updated on its net asset value per share performance – reporting it to be 52.30p as at 30th September 2015. This represents a slight decrease of 0.34% from 52.48p as at 30th June, though compares to a current share price of 44.5p.
GLI Finance (GLIF) has announced that “it has successfully launched GLI Alternative Finance plc, a closed end fund focusing on a loan portfolio diversified by geography, asset class, duration and security”
It is all very well to ridicule the Daily Telegraph’s top ten AIM shares to buy to dodge IHT as I did yesterday HERE but could you do any better asks a reader. Possibly not, I don’t really like the AIM Casino but I am always up for a challenge so here goes.
GLI Finance (GLIF) has updated its loyal investors on a 7.1% increase in net asset value per share in the first quarter of 2014 and that the finance platforms in which it has invested “are all performing well, many are ahead of our expectations and we expect significant developments in the second half of this year”
Having updated at its end of April AGM that it continues to monitor opportunities to further develop its range of platforms, “but given the potential size of origination capability of our existing platforms, we are only pursuing significant opportunities that can add material and differentiated origination”, GLI Finance (GLIF) has announced a £1.25 million investment in Funding Options Ltd.
Steve Moore and I have done well with our share tip on GLI Finance (GLIF) and we still see upside. Here is its CEO Geoff Miller - a diehard West Ham Supporter - presenting at the UK Investor Show to explain what might seem a hard story, in words clear enough for all to understand.
GLI Finance (GLIF) has been a good share tip for us and has just announced results for the 2014 calendar year and that “there is every sign that 2015 with be a breakthrough year for the company following the investments made during 2014”.
As the leaves start to turn brown you may not be thinking about next April but we are as we plan the biggest and best UK Investor Show ever. The speaker line-up gets more impressive by the day and already 90 of the 110 Growth companies attending have booked in – and I am delighted that there are a raft of new PLCs attending, and almost as delighted that some of those who attend every show are NOT attending!
AIM Listed GLI Finance (GLIF) has announced that it has transferred its remaining Collateralised Loan Obligation investments to Fair Oaks Income Fund following the latter’s completion of a fundraising and admission to trading on the LSE Specialist Fund Market.