Share Name Share Symbol Market Type Share ISIN Share Description
Canadian Gen. LSE:CGI London Ordinary Share CA1358251074 COM NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1,095.00p 1,070.00p 1,120.00p 1,095.00p 1,095.00p 1,095.00p 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 0.0 0.0 - 225.28

Canadian Gen. Share Discussion Threads

Showing 101 to 123 of 125 messages
Chat Pages: 5  4  3  2  1
DateSubjectAuthorDiscuss
23/3/2015
14:39
Reckon the discount will reduce naturally as the markets keep rising and as people search for value and yield. Discount as of today is 27% and yield is approx 3.5%. Safe and boring.
hugepants
16/2/2015
15:06
I cant see a DCM ever being put in place.
tiltonboy
16/2/2015
14:46
I used to hold for two reasons - the NAV discount and the currency diversification. The attitude of management makes me wonder just when if ever we will see a Discount Management System; and of course over the past year the C$ has been a bit of a basket case. C$ now looks oversold...
skyship
16/2/2015
11:45
There is actually a decent long-term track record, and with the distribution policy, I still think they are an attractive proposition. I am more concerned on currency, than on the wide discount.
tiltonboy
08/9/2014
09:08
Motoring along nicely here and still at a 28% discount to NAV.
hugepants
15/5/2014
09:31
They have also got a pretty good performance track record. Currency has hit the sterling price over the last year, but it's a core holding for my portfolios.
tiltonboy
15/5/2014
09:29
Why is this at such a big discount? 4% yield and 30% discount to NAV. Its well diversified and invests in a country with one of the strongest credit ratings. Its hard to believe markets are close to record highs.
hugepants
01/4/2014
13:38
28 March 2014 Toronto, Ontario, Canada - Canadian General Investments, Limited, a closed-end investment company, announces the following Canadian dollar values as at the close of business March 28, 2014. Net asset value (unaudited) per common share: $ 26.31 Closing market price per common share: $ 18.00 Discount to net asset value per common share: 31.6%
davebowler
06/3/2014
13:24
Just bought a few of these. NAV is £14.40. So a 30% discount to NAV. Yield 4.1%. This dog always seems to be on a large discount though.
hugepants
13/2/2014
08:42
Agreed, would appear to be a slight negative for UK holders.
skyship
12/2/2014
18:42
Not sure if I'm happy with this "switch" from capital dividend to income dividend. In the ISA I get hit with the Witholding Tax on the income, but the Capital Divi comes gross.
munin
27/12/2013
11:47
15% withholding tax on dividend which, according to Sippdeal, is not refundable.
alanji
10/12/2013
17:49
My email to Jonathan Morgan, Director of MMAinvestments: Jonathan On December 4, 2013 you issued this statement: "TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2013 was $25.36, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 17.3% and 21.2%, respectively. These compare with the 10.8% and 12.9% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods." After that, how is it possible that you should issue today's statement of a NO CHANGE annual dividend and a Special Capital Dividend actually reduced from 52c to 50c? I am at a loss to understand such a parsimonious consideration of outside shareholder interests; however I would like to hear your take on the matter.
skyship
07/12/2013
17:39
£Sterling at a 4yr high v. the Loony: free stock charts from uk.advfn.com
skyship
07/12/2013
17:31
CGI a strong market in Toronto last night - closed @ C$18.52-62 - that's a middle price of c1067p.
skyship
05/12/2013
08:06
Got a few more Nick at 10.39p FWIW. I'm definitely becoming boring in old age! D
gingerplant
05/12/2013
07:43
Judging by these stats we should see a good increase in the special capital dividend to be announced shortly. 52c last year. December 4, 2013 Canadian General Investments: Investment Update - Unaudited TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2013 was $25.36, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 17.3% and 21.2%, respectively. These compare with the 10.8% and 12.9% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.
skyship
25/11/2013
17:06
That's told you SKY!!!! (Seriously, let's hope they take your point on board) Best regards SBP
stupidboypike
25/11/2013
13:34
No - not a hope. They are all being paid good salaries to effectively manage their own pension funds - a nice trick if you can arrange it! That said the TER is lower than most players, so they're not being greedy. By metrics they look good value at this level.
skyship
25/11/2013
13:27
After 83 years Voluntary liquidation is unlikely :-)
kinbasket
25/11/2013
12:04
Thanks Sky - I couldn't resist. Good on you for having a go - what about voluntary liquidation? Not a hoipe with that 33% stake, methinks.
alanji
25/11/2013
10:42
David - Welcome aboard. I have been in reasonably frequent contact with Jonathan Morgan, a director of CGI and one of the Morgan family which controls the investment managers - MMA Investments. http://www.mmainvestments.com/index.cfm?Section=CGI&Page=CGI I put it to him that they should be installing some effective Discount Control Mechanism(s) - possibly buybacks, though not necessarily so. He replied that MMA has a large historic stake (c.33%); and this precludes them from implementing buybacks as it would effectively increase their stake; and in doing so would invalidate CGI's special tax status On 7th Aug'13 I suggested that the way round that problem was to implement tenders instead, tenders for all parties including MMA. MMA's relative position could thereby remain constant. So far, even though I have sent a reminder (8th Sept'13), I have received no reply to this suggestion. I have sent a second reminder today.
skyship
25/11/2013
09:12
Ni Nick, Thanks for this. I just bought a few at 1041p - may get more when cash allows, D.
gingerplant
Chat Pages: 5  4  3  2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V: D:20161206 14:15:15