(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.

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.

Superb trading statement from GLD! Still holding. :)
Gladstone plc

Year-end trading update


Gladstone Plc ('the Company') today provides an update on its performance
following the end of its financial year on 31st August 2004. Quoted on AIM,
Gladstone (stock code GLD), is the leading provider of software and related
services to the leisure industry. It is headquartered in Wallingford,
Oxfordshire, with offices in Scotland, Ireland and Australia.

The company is pleased to announce that it expects its results to show
significant improvement on last year. Cash resources have grown to approximately
1.6 million at 31st August 2004. During the year the company purchased new
offices in Glasgow at a cost of 531,000. The Company also invested a further
240,000 in office equipment and computers. This included load-testing and call
centre support management software. The successful scalability testing of our
core application for large chains, with more than 500 concurrent users, has
enhanced our competitive positioning. Improving our day to day call centre
support will benefit all our clients.

The strong start to the second half of the year reported in our May trading
update has been maintained and private-sector chains that recently installed
Gladstone software include JJB (Fitness Club), Bannatyne's Health Clubs and
Miracle Light Ltd.

Councils that have recently installed our products include Salford,
Aberdeenshire, Plymouth, Walsall and Restormel. The Local Authority contractor
market has also been strong, with roll-outs continuing at Leisure Connection and
Parkwood Leisure.

Our office in Sydney, Australia opened this month and we are confident of
securing initial sales orders that will quickly assist us in gaining credibility
in this new market.

Our website
www.gladstonemrm.com
has been re-launched, and we have also
appointed Abchurch Communications Limited as our PR agency for investor and
trade promotional activity.

Preliminary results for the year ended 31st August 2004 will be announced by
22nd November 2004.

Ben Merrett, Chief Executive, said: 'The business has benefited from continued
investment and our customers are responding with good orders for our established
and new software product range. Our stand at the recent Leisure Industry week
conference was very well attended and I look forward with confidence to
Gladstone's continuing success.'