City Of London Share Discussion Threads

[fillipe] 09/10/2020 10:16

Finncap have a 300p tp here, today. f

[hibberts] 30/6/2018 09:48

We should see a market update any day now.

[hibberts] 15/2/2018 16:30

Looks like we are on the off again.

[handsome] 22/1/2018 17:47

Something happening?

[johndee] 23/8/2016 12:22

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.

[jumbone] 23/8/2016 12:19

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

[the shuffle man] 23/8/2016 12:04

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.

[jumbone] 23/8/2016 11:54

Shuffle Man No I am referring to CIN This from their last year's AR: Key developments • 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 Financial results • Loss before tax £1.6m after exceptional loss of £0.4m (2014: loss before tax £5.2m) • 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 hxxp://www.cityoflondongroup.com/financialreports/150729%20City%20of%20London%20Annual%20Report(WEB).pdf 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

[the shuffle man] 23/8/2016 10:48

JumboneYou are referring to a different City of London LMAOThis one is CINCompletely different to the one you are referring to.

[jumbone] 23/8/2016 10:42

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

[johndee] 23/8/2016 10:35

In the doldrums it appears!

[betelgeuse1] 14/8/2016 15:33

is this one finished

[arthur_lame_stocks] 14/8/2016 10:46

How long before this company goes broke?

[phoenix1234] 16/8/2013 12:14

Exclusive: City of London Investment Group and the £750,000 court case it lost and has not told you about http://bit.ly/16rVSy6

[mighty_mousie] 03/2/2012 00:04

come on any info?

[mighty_mousie] 02/2/2012 23:55

Could this be the next big thing.

[skyracer] 30/11/2010 13:28

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.......

[handsome] 10/8/2010 21:22

A Nice move up today...is something in the offing?

[solarno lopez] 25/3/2010 06:40

TOPVEST....I am in full agreement with you

[topvest] 24/3/2010 21:17

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.

[topvest] 30/12/2009 10:29

Somebody nibbling again today. Quite volatile this company - moves up on small purchases.

[topvest] 29/12/2009 18:11

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. http://www.citywire.co.uk/professional/-/news/wealth-management/content.aspx?ID=349865