Gladstone - ( GLD ) A Recovery play at 4.5/5

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divina - Fri, 27 Dec 02 :

GLD a bit overlooked recently with the tech recovery

"The Group is in a stronger financial position than we were 12 months ago"
its not getting reflected in the share value though.

It be nice to see some director buys to give support too


TRADING UPDATE



The Group is in a stronger financial position than we were 12 months ago. Our
dedicated presence in the well funded UK local authority market should continue
to serve us well. Our high base of contractually committed and recurring
revenues should enhance our competitive positioning if the general economic
slowdown continues. With shareholder support, we may be able to considerably
strengthen the Group through acquisitions.


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