2019 days ago
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.
2113 days ago
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.
3026 days ago
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)
3119 days ago
Next up is Andrew Whelan, the new head guy at GLI Finance (GLIF). His presentation was captured on video below.
3267 days ago
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.
3277 days ago
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.
3347 days ago
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”
3460 days ago
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”
3484 days ago
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.
Funding Options uses proprietary technology to scan the alternative finance market to help UK SMEs access funding, with GLI’s investment in return for a 28.9% stake in the ordinary equity and £0.75 million of preference shares and seeing its Chief Executive, Geoff Miller, join the Funding Options' board.
This latest investment
3501 days ago
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.
3526 days ago
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”.
3542 days ago
GLI Finance (GLIF) has announced a $1.25 million investment in, and the granting of a $5 million loan facility to, Open Energy Group, a financing platform for US commercial and small utility-scale solar projects.
3812 days ago
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.
3857 days ago
GLI Finance (GLIF) has updated at its AGM that “work continues” on floating its current collateralized loan obligation portfolio to enable it to focus “exclusively on building the loan portfolio originated through our platforms”.
The “platforms” are providers of ‘alternative finance’, an area in which GLI has made 10 investments over the last 18 months.
3892 days ago
GLI Finance (GLIF) has announced results from a calendar 2013 “year of significant change, as our company continues to develop its strategy of moving from investing only in loans originated by third parties towards origination of small and medium enterprises finance through the platforms in which we have an equity interest”.
The company has reported a year-end net asset value of 49.99p per share (£70.11 million), up from 49.09p at the end of 2012.
3955 days ago
GLI Finance (GLIF) has updated that its end 2013 unaudited net asset value per share was 50.0p and on “a series of partnerships with businesses complementary to its existing platforms” agreed in the fourth quarter of 2013 and beginning of the current year. Directors have bought shares post the RNS and so should you.
4056 days ago
Geoff Miller posted a piece earlier today on the West ham LinkedIn members group of which I am a member. The boss of AIM listed GLI Finance (GLIF) is quite a witty fellow and his piece reads.
I have added "West Ham Supporter" to my list of Skills and Expertise on LinkedIn, and it would be great if anyone that is connected to me could endorse me, and if you are not connected to me, feel free to send me an invite to connect.
Having thought about what skills and expertise should appear on my LinkedIn profile, I realised that the unfailing ability to genuinely look forward to every season, the extraordinary ability to ignore all the bad times and relive the good times again and again and again, to exclaim that WHU is the greatest football team the world has ever seen, and mean it sincerely and completely, should be reflected on my LinkedIn profile, far more than all the work guff that gets peoples' endorsements at the moment.
Hence I have added "West Ham Supporter" to my Skills and Expertise and I would like to invite everyone to endorse me.
I feel the same. If you are on LinkedIN (a tedious version of Facebook for grown-ups) you will see that I am quite often endorsed for things like blogging but on reflection my most consistent skill over the years has been “Supporting West Ham in Bad Times and Worse” and feel free to endorse me accordingly in my LinkedIn page.
4068 days ago
GLI Finance (GLIF), the specialist AIM listed lender to small and medium sized enterprises currently generating most of its income from a US-focused Collateralised Loan Obligation (CLO) portfolio, has announced results for the first half of the 2013 calendar year and that it has conditionally (including on EGM approval) raised a gross £4.59 million from a 51p per share placing. The shares are now 52.75p and a buy.
4132 days ago
AIM listed GLI Finance (GLIF) - formerly Greenwich Loan Income Fund - has updated investors on its second quarter of 2013. The share price just does not discount the good news.