Edison Investment Research - GLI Finance (GLIF) Outlook: Transformation under way

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Edison Investment Research

Outlook: Transformation under way

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 increased borrowing. In future the company plans to pay it from dividends remitted to it from its investment platforms.

28/04/2016 12 EN

Underlying

GLI Finance

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GB00B0CL3P62 London Stock Exchange Guernsey

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Outlook: Transformation under way

LIBERUM: Morning Comment

LIBERUM: UK Small & Mid Cap Dispatches

LIBERUM: Sancus Lending Group Limited* - Pivot to profitability in FY 24

Information Services Corporation - Strong underlying growth, guidance reiterated

PVA TePla - Material matters

Zalaris - Continuing contract momentum in FY24

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