Fabius1
11 Nov 2015
Re: For Grey - Short term CLIG movements GSThe main problem is low liquidity and therefore wide spreads which then translates into lumpy share movements. Not really ideal for trading.F1
Dino78
11 Nov 2015
TV Interview with CLIG's Barry Olliff Good afternoon. Please find below a TV interview with CLIG's Barry Olliffwww.fmp-tv.co.uk/company/city-of-london-investment-group-investors-video-and-news/
Guitarsolo
05 Nov 2015
For Grey - Short term CLIG movements Grey, Further to my comment a couple of days ago, take a look at the 1 week (15 min ticks) chart for CLIG. Sorry, I've tried to post the image to this message but failed! But if you take an look on iii's tab here it shows that CLIG, inexplicably if you ask me, bounces up and down violently within a range of 332/4 p to 346p.I don't have the knowledge to understand what causes this but it could be a consistent seller and a consistent buyer at play. Didn't an outgoing director announce plans to sell 300,000 shares.....could that be it?Anyway, if I was to ever buy more CLIG (and I would funds permitting) I would keep an eye on the price and wait for the "inexplicable" drop - like it did near the close earlier this week when it plunged from 350 to 330p (close) then straight back up to 345p the next morning. It could also be worth trading, if that's your thing. The chart shows that consistently when the share drops a decent amount (10-20p) it immediately bounces back up. GuitarsoloHere's a link at least to the chart page!: [link]
Guitarsolo
03 Nov 2015
Re: Decent hold I would agree with you Grey. It's a good share for the divi hunters out there (which includes me) but I would be careful not to put too much of your portfolio here - say 5% max. That way it can help to boost your yield but you're not too exposed if things go south for the company (short, medium or long term). I only have around 2.5% of my original investment here - but I got in at 240p so have a 10% yield on that! Crazy! I would buy more but, like you or anyone, I would like it under 320p. What I have noticed is that there are occasional spikes down that aren't supported by news or fact. Possibly people being forced to sell with an overall small float? Those are the days to try and pick them up. If you do, great. If you don't, be happy with what you've got. Guitarsolo
Greyinvestor
27 Oct 2015
Decent hold These shares are a decent Hold to me. Yes, the earnings will fall along with developing market share prices, but the company seems to be well run and exceptionally transparent. Top marks for that. A lovely yield. I tried to pick some more up at 325, but failed. The price has just bumped up, which is probably a reaction to gossip about Aberdeen Asset Management.
Solis
05 Oct 2015
Re: Found this good report on CLIG and another Hardman & Co report. [link]
the julio
30 Jul 2015
Re: Found this good report on CLIG I must congratulate you on your holdlings. You have today highlighted the Simplywallstreet analysis of several of my holdings including GLIG . I am a long term holder both for the dividend and, in time, capital growth when emerging markets pick up.
mcescher
30 Jul 2015
Found this good report on CLIG Looking like a solid dividend payer [link]
Greyinvestor
20 Jun 2015
Emerging markets I think that the story goes like this:CLIG is dependent upon emerging markets and their valuations.Typically when interest rates start to rise, money flows out of emerging markets and back into developed markets. This flow has already begun, and has resulted in heavy falls in old economy developing market stocks. You can see this playing out in the share price of JEMI and SEDY, both of which I bought yesterdayThe risk is that the process accelerates from now, but you could just as strongly argue that the last five years of decline has begun to decelerate, and that emerging market stocks are just starting to look like good value. This is the view that I have taken, so I now have about 5% of my holdings in such stocks, up from zero on Friday morning.Then you come to CLIG.This year CLIG is forecasting earnings of 26p, or at least it's brokers are. This seems very achievable to me, putting the company on a P/E of 13.5 ish.Next year will depend upon two things; fund flows and the height of emerging market stocks. This is a much more risky call. CLIGs brokers are forecasting EPS of 33p, which would require an optimal combination of good new mandate wins, strong emerging stock markets, and positive fund flows. If 33p was achieved, the shares would look good value and might well rise. My own view is that the next year forecast is much too optimistic, but that 28p might be possible. So not much upside in the share price just yet.As to the Friday night price move, I'm hoping that it's a shrewd market maker clearing it's books in case of a Greek blowup. This could cause a real price shock next week. The price could bounce back on Monday.I'm still holding a huge amount of cash in my SIPP, but I've basically bought dividends, which I live off. CLIG, SEDY and JEMI are all sensible yielders at current prices.
Solis
19 Jun 2015
Re: First purchase GreyInvestorWelcome. You picked a bad day, but I am sure it will be reversed very quickly as this seems to happen with this share and if you look the volume was very low. Been in since 9/13, so done quite well, mainly due to the return of Barry Olliff the founder. Still at the moment I cannot quite make out why the share is lagging. I suspect that Barry's 2 future traches of share sales at 400 and 450 is putting a lid on it. Still the yield makes up for it and I believe that they have met the criteria for not reducing it.Good luck all
Greyinvestor
19 Jun 2015
First purchase Bought a decent sized first tranche of these today at £3.52. Yes, there is emerging market risk but there is also a possibility that now represents a reasonable entry point......
soi
24 Feb 2015
Re: Canaccord HiYou were right Barry sold 250 K shares on the 19th at 350,guess you`ve seen the RNS.Hasn`t hit the sp much.So his next target must be 400 I guessATBsoi
soi
17 Feb 2015
Re: Canaccord Hi healzoYes, encouraging rise, I`ve held these for a long while, initially paid a bit too much 300p, just before it started it`s decline, managed to add at about 256 and have held on whilst collecting dividends.So nice to see the current sp,Ex D tomorrow.I think Barry declared sell targets of 400 & 450 but now that you mention it I wonder if he also mentioned 350 as well. I am unsure.Anyway seems to be a very well company.All the Bestsoi
healzo
16 Feb 2015
Canaccord Nice rise this morning. Hopefully we're through £3.50ish resistance, but is Barry about to offload?This from Canaccord:Canaccord Genuity restated their buy rating on shares of City of London Investment Group PLC (LON:CLIG) in a report released on Wednesday. Canaccord Genuity currently has a GBX 369 ($5.62) price objective on the stock.Canaccord Genuity has also updated their ratings on a number of other stocks in the last week. The firm reiterated its buy rating on shares of Rio Tinto plc (ADR). Also, Canaccord Genuity gave shares of Kinross Gold Co. a new $5.75 price target. They now have a buy rating on that stock. Finally, Canaccord Genuity gave shares of TransGlobe Energy Co. a new $5.50 price target. They now have a buy rating on that stock.Separately, analysts at N+1 Singer reiterated a buy rating and set a GBX 320 ($4.88) price target on shares of City of London Investment Group PLC in a research note on Wednesday.Shares of City of London Investment Group PLC (LON:CLIG) opened at 343.25 on Wednesday. City of London Investment Group PLC has a one year low of GBX 234.25 and a one year high of GBX 349.75. The stock’s 50-day moving average is GBX 329.6 and its 200-day moving average is GBX 322.2. The company’s market cap is £86.3 million.
Solis
11 Feb 2015
Re: Latest results Looks like management has steadied the ship and achieved good results in a mediocre period. With the dividend policy covered and the possibility of another 7% of FUM soon, I think I will buy some more. Good income and rising price. What's not to like.
