GLI Finance (GLI) has new management, a new strategic investor and is undergoing a strategic review designed to maximise shareholder value from its investments in 19 alternative finance platforms. It has effectively become an operating company rather than an investment company, which should give it greater control of its assets, and its destiny. The shares offer a high yield of 7.8%. This is not covered by current earnings or operational cash flow but can be paid from cash, selling assets or
28 Apr 2016
Transformation under way
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Transformation under way
Sancus Lending Group Limited (LEND:LON) | 0.6 0 0.0% | Mkt Cap: 3.36m
- Published:
28 Apr 2016 -
Author:
Peter Thorne -
Pages:
12
GLI Finance (GLI) has new management, a new strategic investor and is undergoing a strategic review designed to maximise shareholder value from its investments in 19 alternative finance platforms. It has effectively become an operating company rather than an investment company, which should give it greater control of its assets, and its destiny. The shares offer a high yield of 7.8%. This is not covered by current earnings or operational cash flow but can be paid from cash, selling assets or