Share Name Share Symbol Market Type Share ISIN Share Description
City Of London Investment Group LSE:CLIG London Ordinary Share GB00B104RS51 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +5.50p +1.47% 378.50p 375.00p 382.00p 375.00p 375.00p 375.00p 16,740.00 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 24.4 8.0 23.3 16.2 101.43

City Of London Investment Share Discussion Threads

Showing 1951 to 1975 of 1975 messages
Chat Pages: 79  78  77  76  75  74  73  72  71  70  69  68  Older
DateSubjectAuthorDiscuss
24/3/2017
15:53
Haven't they loaned out the stock (162k) to take their share of the votes to below 10%?
cockerhoop
24/3/2017
15:48
Blackrock have added a further 167K shares to increase their holding to 10.2%. This now makes them the largest shareholder in CLIG.
masurenguy
23/3/2017
17:25
Thanks...is the 'C' a cancellation though? Traded exactly mid-market too, so shenanigans of some sort, no doubt.
stun12
23/3/2017
15:04
They look to have been 'O' or ordinary trades.
skinny
23/3/2017
14:56
Google reports 2 x 594.5k shares going through late morning at 391p, though it could well be an internal cross of some sort.
stun12
23/3/2017
14:39
Strange,Trading at 394 to sell 397 to buy,and then marked down to 370 Sell and 372.40 to buy,with hardly any volume 5 Sells amounting to £23k ? MM,s up to there tricks again !!!
garycook
23/3/2017
13:59
Barry unloading?
deanowls
23/3/2017
13:16
Large number of shares being traded today.
vfast
22/3/2017
02:26
21 March 2017 City of London Investment Group plc Holding(s) in Company City of London (LSE: CLIG), a leading emerging markets asset management group, announces that on 21 March 2017 the Company's Employee Benefit Trust purchased 25,000 ordinary shares of 1p each at a price of 385p per share. Following this purchase the Trust holds 1,586,135 ordinary shares in the Company representing 5.9% of the Company's issued capital.
masurenguy
20/3/2017
08:19
MSCI EM Index at a 18 months high.
cockerhoop
06/3/2017
23:19
FUM End of Feb ticked up to $4.3bn
cockerhoop
21/2/2017
10:22
21st Feb update N+1 Singer no change from last update for earnings and dividend. 2017 DPS 24p 2018 DPS 27.5p 2019 DPS 30.1p
vfast
20/2/2017
20:03
I wonder where he got that from lol - I hope this rises for you guys - as a safe div play perhaps - but not my style - I want to see mgrs sticking to their theme and waiting for the flows to come to them, or actively moving into the flows in timely fashion - and bigger %s. I reckon the recent money flow on the chart was someone who just got bored. Could be a cup n handle on the monthly. ATB LM
luckymouse
20/2/2017
19:56
Zeus Capital 20 February 2017 City of London Investment Group* CLIG Financials 1H PBT up 61%; EPS up 68% What’s new Interim results from City of London Investment Group (CLIG), released this morning, are precisely in line with the pre-close update on 17 January, which revealed:  Total funds under management (FuM) 31 Dec 2016 of $4.1 bn (£3.3 bn); 2.5% rise since 30 June 2016 when FuM was $4.0 bn (£3.0 bn).  PBT for 1H17e rose 61% to £5.8m (1H16: £3.6m), with a monthly "run-rate" for operating profit, before profit-share of £1.4m per month. Today’s announcement and interim results reveal:  FuM on 31 January 2017 was US$4.2bn (£3.3bn).  1H17 revenues rose 30% to £15.4m (1H16: £11.8m).  Diluted EPS rose 68% to 17.5p (1H16: £10.4p).  December 2016 cash & cash equivalents of £10.5m (Dec 2015: £8.4m).  An unchanged interim dividend of 8p (ex date 3 March). The US$/£ exchange rate was 1.47 at 31 December 2015, 1.33 at 30 June 2016, 1.23 on 31 December 2016 and 1.27 on 31 January 2017. Zeus view As we expected CLIG’s 1H17 DPS remained unchanged at 8.0p (1H16: 8.0p). As 1H17 Diluted EPS rose 68%, while PBT rose 61%, the results are ahead of our expectations. After increasing our FY(June)17e PBT forecast 2.8% on 17 January, we maintain our forecasts. Year to date the MSCI emerging market index is up 9.7%. At 946 it is 13.4% above 30 June 2016 of 834, and 6.3% above our forecasts of 890. If markets remain strong, we may need to raise our forecasts. We will review our forecasts in April when CLIG releases its 3Q trading update. Valuation In the past month CLIG shares have risen from 350p to 373p (3 month high/low: 375pp; 333p), its historical dividend yield is 6.4%. Its 2017 dividend yield on our forecasts is 6.7%, which is 74% more than the FT All Share yield of 3.7%. A more reasonable 50% premium would set a target dividend yield of 5.55% dividend yield, implying a 455p CLIG target price
vfast
20/2/2017
19:52
Masurenguy - tks - good note - so in short yes - a lucky ccy filip - not skilled outperformance denoted by agility, in their field of expertise, around key political rotation events - although not exactly sold that way in the statement. I don't totally buy the chairman's comment about emerging mkts being entirely unpredictable and wildly volatile - esp the way he deliberately left out the context. China every 10-15 yrs or so has an insane bubble then a collapse - it just does - its in their nature - and Brexit prompted one of the biggest and most profitable flights to emerging off shore in decades - many ITs, funds, etfs up 40-100% in that risk off rotation - absolutely obvious unless you were wearing a blindfold. So unless they were 100% locked into their holdings (?) then I don't understand it. Why didn't they rotate when the paradigm changed? Unless its static assets or a static theme, that's exactly what they are paid for no?
luckymouse
20/2/2017
19:46
Thanks Masurenguy for the Hardman report. I've moved my account to Hargreaves Lansdown and recieved my £500 today. Barclays did not charge any leaving fees, that's the easiest £500 I've ever made.
vfast
20/2/2017
17:30
Hardman & Co - February 2017 City of London Investment Group (CLIG) H1 results confirm dividend cover City of London has published its interim report for 1H2017. With the headline figures having been announced in last month’s trading statement, the report contains few surprises. As previously indicated, the movements in the dollar/sterling exchange rate have greatly increased most lines in the P&L. Gross revenue of £15.4m is 31% ahead of the 1H2016 figure. With more revenue earned in dollars than expenses, earnings have seen a bigger increase, by 64% to £4.27m Market Data: Price (p): 375.0 Mkt Cap (£m): 100.9 Sector: Financial Services Dividend: An unchanged interim dividend of 8p has been announced. A decision on the final dividend has been deferred until the end of the financial year, with the hope that the outlook for the following year will be clearer then. Funds under management: Emerging markets, like many others, have had a good start to 2017 and at the end of February FUM had increased to $4.2bn. There was no further update on new business flows other than indicating there are prospects across the product range. Valuation: The prospective P/E of 9.8 times is at a significant discount to the peer group. The historic yield of 6.4% is very attractive and should at the very least provide support for the shares in the current volatile markets. At current market levels we’d expect dividend cover to be restored in 2017. Risks: To date, City of London has not experienced the sort of outflows that some other emerging market fund managers have, aided by its good performance and strong client servicing. Further EM volatility may increase the risk of such outflows however. Investment summary: City of London has continued to show robust performance in challenging market conditions. The valuation remains reasonable. At current FUM and exchange rates, dividend cover will return to a comfortable position and investors can perhaps start thinking about future increases.
masurenguy
20/2/2017
16:53
Err, hang on... so if the FUM are nearly flat in USD, how come the PBT is up 60%? Have they simply aggressively cranked the fees? And/Or has charging fees based in dollars, then converting that rake into pounds (now more because of the devaluation), caused much of the uplift? ie nothing to do with performance really?
luckymouse
20/2/2017
08:50
Superb, thought the dividend could have been increased, then this shareprice would be 425p now.
montyhedge
20/2/2017
08:48
Nice to see a solid set of results and another 8p interim dividend.
vfast
20/2/2017
08:24
Multi year breakout gotta be a certainty here imo
my retirement fund
20/2/2017
08:22
So it sounds from that statement that they may raise the final dividend. Jolly good then.
my retirement fund
20/2/2017
07:56
Great set of interims ! RNS Number : 2761X 20th February 2017 CITY OF LONDON INVESTMENT GROUP PLC HALF YEAR RESULTS TO 31ST DECEMBER 2016 City of London (LSE:CLIG) announces half year results for the six months to 31st December 2016. SUMMARY Funds under Management ("FuM") of US$4.1 billion (£3.3 billion) at 31st December 2016. This compares with US$4.0 billion (£3.0 billion) at the beginning of this financial year on 1st July 2016 and US$3.8 billion (£2.6 billion) at 31st December 2015 FuM at 31st January 2017 of US$4.2 billion (£3.3 billion) Revenues representing the Group's management charges on FuM were £15.4 million (2015: £11.8 million) Profit before tax of £5.8 million (2015: £3.6 million) Maintained interim dividend of 8p per share payable on 17th March 2017 to shareholders on the register on 3rd March 2017 Cash and cash equivalents at the period end of £10.5 million (2015: £8.4 million) http://www.investegate.co.uk/city-of-lon-inv-grp--clig-/rns/half-year-results-to-31st-december-2016/201702200746062761X/
masurenguy
07/2/2017
12:06
If I squint I can make it $4.2bn :-)
cockerhoop
07/2/2017
09:24
FUM up slightly for January hxxp://citlon.co.uk/shareholders/announcements.php
tmfmayn
Chat Pages: 79  78  77  76  75  74  73  72  71  70  69  68  Older
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:41 V: D:20170328 19:49:01