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Share Name Share Symbol Market Type Share ISIN Share Description
Canadian General Investments 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% 1,325.00p 1,300.00p 1,350.00p 1,325.00p 1,325.00p 1,325.00p 0 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 - 272.60

Canadian General Investments Share Discussion Threads

Showing 76 to 98 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
02/4/2013
15:24
Hit the same discount c6 weeks ago - bizarre really. Good discount, good currency, good yield - yet here we rest whilst MCT trade at a small premium! They are bid proof of course with the managere owning c35%; but they really ought to do something to close that discount without bleating they can't make buybacks as to do so would breach Trust regulations by raising their stake. APPLY FOR AN EXEMPTION!!!!
skyship
02/4/2013
07:11
First time I've seen CGI discount over 30%
jhan66
05/2/2013
17:39
Yes, ISA'able.
tiltonboy
05/2/2013
17:01
Dual listing - so I assume so; but Tilts will know for sure...
skyship
05/2/2013
16:52
Is this one ISAble? TIA
badtime
15/1/2013
15:36
Tilts - well with ACD we should win both ways of course. CGI - yes, marketability a problem; and presumably buying in Canada just raises costs...
skyship
15/1/2013
15:33
SKYSHIP, Nothing to add, it's just a useful income producing diversifier for clients. Nice discount, but marketability and spread is poor. Trying to buy a few at the moment but can't get them at a decent price! ACD might just sneak into 30th June with a discount of less than 10% at this rate, and avoid having to make the Tender Offer! I'm just hoping that SIGG behave like ACD did; a long period of falling, and easy to pick up, and then some stellar performance.
tiltonboy
15/1/2013
15:24
Hi Asmo - yes, a small proportion South of the border. Started 2012 with 92% Canadian; that had reduced to 87% by end Q3. But by and large it does what it states on the tin... http://www.mmainvestments.com/pdf/120930_CGI_summary_of_investment_portfolio.pdf http://www.mmainvestments.com
skyship
14/1/2013
14:53
I have been in this one for some years, and think you will find that it is invested not only in Canadian, but also North American shares. Unnfortunately, can't find the report at present, owing to moving house, and am having difficulty finding info. elsewhere!
asmodeus
14/1/2013
12:53
More thn happy with the update ..especially the share purchase
badtime
14/1/2013
12:11
TILTS/BADTIME Cracking good news from ACD today don't you think? I've done an Update on the JDT thread...
skyship
14/1/2013
12:07
Hi Both - for sure - a core holding & under the radar value. # 24c in 4 quarterly taxable divis + 52c non-taxable "capital gain return" provides 76c for a 4.75% yield @ $16.00 (£10.10). # All assets in Canada for some useful currency diversification # NAV discount far too wide @ 28.3% (MCT is at 0%, sometimes at a premium!) # That Panmure appt I reported above HAS to be a positive TILTs - Glad to hear you believe this now worth buying into. Do you have any other plus points to add?
skyship
14/1/2013
11:51
SKYSHIP, Hadn@t realised you were in these; I've started to pick up a few recently.
tiltonboy
21/12/2012
11:08
XD - both income and capital payments.
skyship
18/12/2012
16:52
Good news. Panmures appointed UK broker. Has to raise the profile of a stock which is so far under the radar...Expect a BUY Note within a couple of months, possibly just into the New Year: http://uk.advfn.com/news/UKREG/2012/article/55512680
skyship
31/10/2012
09:03
All I can think is that an institution has been slowly selling down a stake in what is always a limited market. They stood at an NAV discount of 20% none months ago - now at 30%! A recovery to that 20% figure would deliver a 14% rise in itself. MMA state they are unable to instigate buybacks, as any increase in their already large holding would trigger a loss of tax benefits. So, I suppose holders just have to sit it out, wait for the tap to exhaust and a return to the norm. No hardship for UK holders seeking a little currency diversification and a 5% yield whilst they wait...
skyship
31/10/2012
08:27
It would be quite a big bit of the portfolio though (around 20% I think) which I assume would need to be offloaded gently in advance to get the best return. As you say, a new issue would seem the obvious route and of course none of this is relevant unless the holders insist on a redemption. Just trying to think of possible reasons why the price remains so significantly below NAV?
pimsim
31/10/2012
07:16
Pimsim - No problem. Why should it be? This is an investment company, they merely sell part of the portfolio to redeem the gearing debt; though of course more likely would be the issue of replacement stock.
skyship
30/10/2012
18:38
This looks interesting. Other than the usual investing risks, one fly in the ointment looks to be the possible forced redemption of $75m preference shares in March 2014 and a further $75m in March 2016. Unlikely to be an issue looking at the running yield but does create some uncertainty. Any thoughts?
pimsim
21/8/2012
15:31
No CGI holding but would be pleased to see gold rise.
praipus
21/8/2012
15:04
Yes - think so. If the flying gold price eventually kick starts the gold stocks we could see a positive performance from the CGI NAV...
skyship
21/8/2012
14:22
Was it when we exchanged emails?
praipus
21/8/2012
14:04
Praipus - wonder what happened to those two posts above!/#~? I think I was commenting that no holders known other than MMA Investments with c35% - which is why they plead they are unable to make buybacks. They say they have a special tax exemption which would be invalidated if they increased their holding. Smacks of piffle to me. In such cases you ask the authorities for exemption from arcane legislation. In the meantime MCT still trade at a mere 2% discount whereas CGI trade at a 28% discount. free stock charts from uk.advfn.com
skyship
Chat Pages: 6  5  4  3  2  1
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