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CGT Capital Gearing Trust Plc

4,815.00
40.00 (0.84%)
15 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capital Gearing Trust Plc LSE:CGT London Ordinary Share GB0001738615 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  40.00 0.84% 4,815.00 33,629 16:35:21
Bid Price Offer Price High Price Low Price Open Price
4,800.00 4,810.00 4,810.00 4,765.00 4,780.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 22.43M 13.74M 0.6817 70.49 962.05M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:21 UT 2,554 4,815.00 GBX

Capital Gearing (CGT) Latest News (2)

Capital Gearing (CGT) Discussions and Chat

Capital Gearing Forums and Chat

Date Time Title Posts
29/12/202419:15CAPITAL GAINS TAX - with links to resources1,239
21/8/202415:43Capital Gearing – A Perfect Trust125
01/7/202311:14CAPITAL GAINS TAX6,939
23/1/201222:40Trading tax effieciently from abroad-
21/2/201110:20HELP - CAPITAL GAINS TAX7

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Capital Gearing (CGT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:35:214,815.002,554122,975.10UT
16:21:504,804.611155,525.30O
16:21:314,810.00763,655.60O
16:21:304,805.001366,534.80AT
16:21:304,805.009432.45AT

Capital Gearing (CGT) Top Chat Posts

Top Posts
Posted at 15/1/2025 08:20 by Capital Gearing Daily Update
Capital Gearing Trust Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker CGT. The last closing price for Capital Gearing was 4,775p.
Capital Gearing currently has 20,147,589 shares in issue. The market capitalisation of Capital Gearing is £968,091,651.
Capital Gearing has a price to earnings ratio (PE ratio) of 70.49.
This morning CGT shares opened at 4,780p
Posted at 29/12/2024 19:15 by django6
The new CGT tax rate came into force in October. How will this be calculated on the CGT return where have some gains at 20% and others at 23%?
Posted at 31/8/2024 21:26 by ramprasad
The individual CGT allowance for FY 2023-24 is only £6K. This goes down to £3K from this financial year.
Posted at 05/8/2024 10:17 by spectoacc
Quite different a few hours later, in fairness:

CGT - down 0.7%
PNL - down 0.8%
RICA - up 2.2%
Posted at 05/8/2024 07:55 by spectoacc
CGT - down 2.3%
PNL - down 1.3%
RICA - down 1.3%


Nikkei fell 12%, FTSE currently down 175, if this isn't the market for these ITs to shine, what is? I've a very large allocation to CGT, but there'll come a point soon where correct calls/wrong allocations mean it's better to go it alone.
Posted at 30/4/2024 05:58 by spectoacc
A bit to digest in there. Makes me wonder about owning a couple of Linkers rather than CGT at some point.
Posted at 19/2/2024 14:08 by spectoacc
"The 101p gain to £46.36 puts the shares back close to the 2% discount at which they stood at the end of October when an administrative error delayed the reclassification of its share premium account into distributable reserves."


So perhaps a little more to go still.
Posted at 14/2/2024 12:14 by spectoacc
OK I didn't read this:

"The Order of the Court approving the cancellation (the "Order") will only become
effective once it has been registered with the Registrar of Companies in
Northern Ireland. The Order is in the process of being submitted for filing with
the Registrar of Companies and is expected to be registered shortly.

The Board will make a further announcement to the market in due course to
confirm the date on which the current operational restrictions on share buybacks
under the DCP will be lifted."


So I assume the buy backs still aren't able to be done in the size to get it back within a % or two of NAV.

In which case, there's surely easy money to be had here - but less so when considering stamp/spread.
Posted at 18/1/2024 17:25 by red nutter
Doing my self assessment.1st time with profit on shares for the year. Was a £10k investment. Is well within the £12k cgt limit. Do I still need to show on tax return as no cgt is due?
Posted at 14/11/2023 19:44 by spectoacc
Citywire, fwiw:



I'm rarely in the wealth preservers, and delighted not to be the past couple of years, but had the great pleasure of meeting Jonathan Ruffer this week, albeit not to talk investing unfortunately. RICA's the only one I've currently a small holding in.

If I can get over disappointment at the performance of RICA/CGT/PNL, I'm likely to see CGT's discount widening out as an opportunity. Yes, they may never reign it back in, but should they? I don't see the point of buying back your shares at par - why not buy them back at a discount and improve NAV? Imagine if they come back in great size when the discount is say 10%.

Maybe that's the discount tail wagging the investment case dog. But I like their vast allocation to US TIPs - surely the wealth preservers can't underperform forever. And it really is underperformance - some of the benchmarks (like RPI+) are being missed by country miles.

Dangerous to make predictions, especially about the future (H/t Yogi Berra), but a rally into Xmas to sell into, then a tricky decision on now to position for next year, that surely has either direct holdings of Linkers/TIPs/Gilts/Treasuries, or CGT/RICA/PNL.
Posted at 31/10/2023 15:26 by topvest
For a trust focused on good governance it's a really big own goal. I think it will be difficult to recover from this, if they can't get performance positive by the end of the year. It will weaken their position lobbying other trusts. They will have to increase buy-backs massively if they end up with a big discount and another negative result. Not good. It's put me off buying now until the share price weakness starts to reverse.
Capital Gearing share price data is direct from the London Stock Exchange

Capital Gearing Frequently Asked Questions (FAQ)

What is the current Capital Gearing share price?
The current share price of Capital Gearing is 4,815.00p
How many Capital Gearing shares are in issue?
Capital Gearing has 20,147,589 shares in issue
What is the market cap of Capital Gearing?
The market capitalisation of Capital Gearing is GBP 962.05M
What is the 1 year trading range for Capital Gearing share price?
Capital Gearing has traded in the range of 4,520.00p to 4,890.00p during the past year
What is the PE ratio of Capital Gearing?
The price to earnings ratio of Capital Gearing is 70.49
What is the cash to sales ratio of Capital Gearing?
The cash to sales ratio of Capital Gearing is 43.16
What is the reporting currency for Capital Gearing?
Capital Gearing reports financial results in GBP
What is the latest annual turnover for Capital Gearing?
The latest annual turnover of Capital Gearing is GBP 22.43M
What is the latest annual profit for Capital Gearing?
The latest annual profit of Capital Gearing is GBP 13.74M
What is the registered address of Capital Gearing?
The registered address for Capital Gearing is CARSON MCDOWELL LLP, MURRAY HOUSE, MURRAY STREET, BELFAST, BT1 6DN
What is the Capital Gearing website address?
The website address for Capital Gearing is www.capitalgearingtrust.com
Which industry sector does Capital Gearing operate in?
Capital Gearing operates in the INVESTMENT TRUSTS DIV'D sector

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