||EPS - Basic
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City Lon.Grp Share Discussion Threads
Showing 176 to 197 of 200 messages
|People were buying on reading false news of one or two posters and sold immediately they realized they were lied to and most sold at losses. I wonder if they will make claims against the lying posters. They should.|
|Agree there was some confusion between City of London Group (CIN)and City of London Investment Group (CLIG)
But look at the positives ...
1. The Bard family (5 of them)increase their holding to over 26% (in Nov 2015)
2. The old ineffective BOD is purged
3. Their investment in CAML is growing..
4. They are to recognise 1.5 mill GBP profit from the sale of Therium this year Which it self is 4.07 p per share
5. Add to that their investment (85% Ownership) in CAML with over £ 20 mill investments
6. Which before the injection of £ 5 Mill last year was valued at 6.3225 p per share
7. As per their reports CAML is showing substantial improvement in its operating results
8. All of these for a share at 3.50 p for a NAV of 10.3p Plus is a steal by any standard|
|I see you have changed your previous post that referred to CLIG and not CIN so at least you are now talking about the correct company.I hope you are correct with the valuation.Not sure what significance today's recognition will have.Has this been ramped somewhere as big volume the last few days after hardly anything for ages.|
the shuffle man
No I am referring to CIN
This from their last year's AR:
• Litigation funding associate, Therium sold in April 2015 for a profit of £1.5m
• Group now entirely focused on SME and professions funding
• Trade Finance Partners has more than doubled its revenue
• Credit Asset Management reports substantial improvement in its operating results
• Cost savings of 55% in central overheads achieved
• Credit Asset Management has completed a preference equity issue of £5m towards building a £20m own book portfolio
• Conditional equity fund raising of £3m to £6m to fuel further growth and intention to transfer to AIM announced separately
• Loss before tax £1.6m after exceptional loss of £0.4m (2014: loss before tax
• Underlying loss before tax £1.2m* (2014:underlying loss before tax £4.2m*)
• NAV per share of the Company 42p (2014: 47p)
• Consolidated NAV per share attributable to shareholders 28p (2014: 34p)
• Profit on the sale of Therium of £1.5m will be reflected in 2016 results
The value of CIN's investment was valued at £2,330,000 in Sept 2015
There are 36,852,681 shares in issue
Which makes that investment alone worth 6.3225 p per share at last year's valuation|
|JumboneYou are referring to a different City of London LMAOThis one is CINCompletely different to the one you are referring to.|
the shuffle man
|Their investment in CAML is worth 6.3p plus per share a year ago
CAML for all intents and purposes is a thriving business
Plus they are to recognise the 1.5 mill GBP profits from the sale of "Therium" in this year's finance statement
So this at below 4 p is cheap|
|In the doldrums it appears!|
|is this one finished|
|How long before this company goes broke?|
|Exclusive: City of London Investment Group and the £750,000 court case it lost and has not told you about http://bit.ly/16rVSy6|
|come on any info?|
|Could this be the next big thing.|
|Sorry, but why anyone would PAY these people to invest their money beggars belief. Profit all but wiped out by admin charges. A random selection from the 2010 TMF competition would have got you a 35% return at no charge.......|
|A Nice move up today...is something in the offing?|
|TOPVEST....I am in full agreement with you|
|Didn't like the latest investment in St. Helen's Finance new entity. Not sure they have learnt their lesson on start-up investments. Too risky, so I'm out.|
|Somebody nibbling again today. Quite volatile this company - moves up on small purchases.|
|This all looks quite interesting. It looks like their original flotation plans of a third party fund were delayed or canned, but lots of publicity on the management team so maybe a 2010 deal is likely.
|Only just noticed the news before christmas of the investment in Therium Capital Management Limited. Looks interesting. Shares responding by ticking up further. Wonder what else the new management team have in store?|
|Probably positive news that the bid is off. Seems to have reasonable prospects as a standalone business.|
|Some encouraging news here.
New management team.
Prospect of a dividend at the full year with deficit on distributable reserves resolved.
Cash of £1.3m.
Possible offer still in the background.
They made some great Aussie coal seam investments a year or two ago which have yielded enormous profits.
Shame they were stupid enough to invest a £m or so in ARC which was a pile of rubbish from day 1 and was run by a bunch of what I believe to be very suspect individuals. Anyway things looking up. The Munro Fund is loss making, but is a good idea for the prudent investor.
Encouarged to hold these until we get a better exit or some more exciting opportunities.|
|Anyone seen todays announcement - interesting indeed! Nice vehicle potentially for someone here to use as a financial company investment vehicle. NAV must be well over 70p now as well given the strong run of late. I'm back into profit on this one which is nice.|