(Anyone lucky enough to buy my 2003 share of the year enjoyed a roller-coaster. At one time Holllis Eden on Nasdaq reached 5 bagger status before falling back. i recommended selling at 2.25 bagger time but hey not bad!)
I don't expect this year's one to be quite so dramatic but here's hoping! I think it could easily be a bagger+ though!
Gladstone is a relatively little known software stock with solutions for internet and broadband that appears to be ahead of its competition. The market cap is 5.8 million but the total assets are 8 million. Anyone sneaking out results in Xmas week might well cause suspicion but GLD's were really good. It has turned a 1 million+ loss into a small profit and there is a lot more to come as the company has now a strong customer base. It looks like they are on the acquisition trail as a close reading of recent statements shows a Director taking a more active role in the search but they could easily become a target themselves. They have cut costs too and a very confident board paint a rosy but not rose-tinted picture of the outlook. A reorgnisation of the share capital will reduce the shareholder base from 8000 to nearer 2000. A sensible move as some paid several pounds a share in the dotcom days and they are now to be offered a return wothout costs on their investment.
At 12.75p they are in a narrow trading range which has lasted most of 2003 but when or if they breakout a substantial upside move is on the cards.
Undervalued. Buy.

And i thought it was my tip, lol, ha ha!!!!!!!

It is a cheap stock and I reckon plenty upside still. Spent 12 months cleaning out stale bulls and hefty resistance, so now every time someone buys they are struggling to find any sellers, as those in, know it is too cheap.
That's why charts can be so useful especially on a breakout. This is a classic case.

Yep, it was a great tip Hawick, IC just ripped it off from you!

19.75p at the close of a great week.

LOL again Beaufort!! Yes a terrific breakout, consolidation then some more would be ideal!

Nice chart gap!! But I am not greedy 30p will do nicely!! For now!

Yes 30p will do on current projections. I am hanging on to this one now it has broken through. With new offices in Glasgow and Oz it could be getting into a major new phase of expansion and that could transform the P/E. Why shouldn't the P/e for GLD as a software co. be more like 25, in which case share price ought to be around 55p!?

Still going up - 21p this morning.

High PE. I am not so sure it will go higher until the company issues results later in the year.

P/E on forecast 2004 EPS (2.2p) is still less than 10. Not high in my book.

catch a falling star................!!!!!!!!!!!!!!!!!!


but when??????????????????????????????????????????????

The newsflow has been excellent since Interims & they are no longer holding back in promoting themselves - more to come.imohttp://www.gladstonemrm.co.uk

I suggested it at 12.75p at the turn of the yer, now around 20p up some 60% so far. Rising, not falling, star mpw!! -:)

SEY..check out the thread

nice one hawick the star so far!!!!!!!

From their website:-


MRM.plus2 - the choice for Holmes Place

Holmes Place evaluated 21 companies before selecting Gladstone MRM as the only company that could deliver a solution to meet their complex requirements.

The system is currently being implemented across 50 plus sites spanning 6 European countries, and will utilise thin client software to centralise operations and .net technology to integrate with a membership services centre. The centralisation is anticipated to improve membership service by providing a database for reporting and administration. Holmes Place are opening a membership services centre in their Head Office that will accommodate membership enquiries from across their estate. They have also chosen to implement MRM.analyser and MRM.datamine to deliver a unique programme of marketing and retention activities.

Over the last nine months Gladstone MRM and Holmes Place have worked in partnership to further enhance MRM.plus2. These developments include a integrated prospecting module and automated workflow designed to improve retention

Ian Burke (CEO) Holmes Place comments
We have made this investment to help us improve our service to members and working with Gladstone MRM has been a true business partnership. It has enabled us to develop a product capable of meeting our operational requirements as well as allowing us to implement a co-ordinated centralised approach to customer interactions and retention activity.

30 June 2004

Still in a nice uptrend...with further to go

Got into this stock back in March as looked undervalued. Do you think the occasional drops are people impatient and taking smaller profits or even losses after jumping on the bandwagon following IC tip?
I too set an optimistic 30p but recently reduced to 25p before finding that more people also have faith. Fingers crossed for nice Christmas.
note to colleague: will you hold until after Christmas Chalkmeister?

PDX - steadily climbing and without good news - if and when it comes look out !!

Wrong thread oaky, woopsy! This one is about GLD, going well, up some 40% this year..

Sorry hawick - silly me - I am even more dizzy to-day as all of my stocks are in the blue

Well Hawick, how about that - a really nice upward bounce on the great RNS news. More to come I think.