City Of London Share Discussion Threads

[johndee] 23/8/2016 09:35

In the doldrums it appears!

[betelgeuse1] 14/8/2016 14:33

is this one finished

[arthur_lame_stocks] 14/8/2016 09:46

How long before this company goes broke?

[phoenix1234] 16/8/2013 11:14

Exclusive: City of London Investment Group and the £750,000 court case it lost and has not told you about

[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 20:22

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.

[topvest] 29/12/2009 17:55

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?

[topvest] 17/11/2009 20:59

Probably positive news that the bid is off. Seems to have reasonable prospects as a standalone business.

[topvest] 11/11/2009 21:40

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.
NAV 79p.

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.

[topvest] 16/9/2009 20:24

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.

[topvest] 18/12/2008 21:15

Interim results were ok, except the dividend cut which was a shame. The investment in ARC Fund Management was a bit of a disaster. Renwick Haddow seems to have convinced Lord Ashcroft and COLG to buy a pile of rubbish with an FSA authorisation for lots of money. Looks like they were had!

[topvest] 08/2/2008 21:01

Interesting move into Arc Fund Management. I wouldn't have expected Lord Ashcroft or COLG to invest here. They must have seen something that we are not yet aware of!

[topvest] 07/1/2008 20:16

Not terribly impressed with the PR business sale, which has been sold for £400k (£300k now) + £300k contingent on performance. This is a pretty low price given last year COLG PR business generated £106k of profit (£121k the year before). It seems to me that the buyer gets more out of this than COLG and it may have been better to retain a stake in the enlarged business that could have been floated on PLUS or something. Oh well, I guess the management team are close to retirement and options were limited. Looks like they at least get free rent for a year and some extra cash will boost NAV. I guess this marks the end of the old business and the start of the new.

[topvest] 17/8/2007 19:25

All very quiet here. Update in the week was relatively bullish. These have dropped from c140p to the 70's and look interesting again now.

[topvest] 19/3/2007 20:27

oops...deal off!

[topvest] 28/12/2006 17:37

Up we go again. Someone definitely likes their latest strategic move. It will be interesting to see what happens here in 2007.