City Of London Investment Share Discussion Threads

[masurenguy] 10/12/2024 08:23

Yes - I gradually switched my holding into my ISA shareportfolio over the past few years. Consequently all my dividends are now tax free.

[montyhedge] 10/12/2024 08:10

Can we still hold in a isa ?

[masurenguy] 08/12/2024 17:43

An astute post from Maynard, who has been an investor in CLIG for virtually as long as I have.

[tmfmayn] 07/12/2024 18:31

These shares have traded at c10x earnings with plenty of cash for at least a decade, but without even the vaguest rumour of a bid. Also, George Karpus had the opportunity to sell for cash presumably the other year, but decided to take CLIG shares instead with the merger. I think we would all like a generous offer, but I am not sure who would buy what is a niche fund manager with some capacity constraints that may limit economies of scale for any bidder.

[eggbaconandbubble] 06/12/2024 16:11

+40% being the average premium rise in share price for a takeover bid would suit me just fine!

[montyhedge] 06/12/2024 10:08

I think they will be taken over, holding lots of cash, nice business.

[pdosullivan] 02/12/2024 14:09

Does anyone know if: 1. Any passive index funds track the OTCQX Best market - but not the Pink market; and 2. If any domestic US active managers are allowed to buy OTCQX Best stocks but not Pink market stocks please and thank you.

[melton john] 02/12/2024 13:10

I have CNS which listed on OTC and it hasn't done their price any harm at all. Very happy, banked a good profit and price still good.

[aleman] 02/12/2024 09:16

I hope they do better than BGO's OTC listing. They listed in 2022, had one trade for 8.6k shares in 2023 and 2 trades for 3.9k shares so far in 2024! Here's the link to CLIG OTC trades:

[masurenguy] 02/12/2024 08:47

A positive move which should ultimately enhance the shareprice.

[speedsgh] 02/12/2024 08:38

Commencement of Trading on OTCQX® Best Market -

City of London (LSE: CLIG; OTCQX: CLIUF), a leading specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds, is pleased to announce that it has qualified to trade on the OTCQX® Best Market. CLIG upgraded to OTCQX from the Pink® market.

CLIG commences trading today on OTCQX under the symbol "CLIUF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"Moving to the OTCQX Market is a significant milestone for the Group," said Tom Griffith, CEO. "This is an effort to enhance visibility among U.S. investors, improve liquidity, and broaden stock access, all of which support our strategic growth initiatives."

[skinny] 20/11/2024 11:13

1+ year high @395p

[gre] 20/11/2024 10:08

Here is the link to the recording of yesterday's presentation:

www.investormeetcompany.com/meetings/investor-presentation-764

[tag57] 20/11/2024 09:58

EBB - the meeting was held on the Investormeetcompany yesterday. If you are not on it then it may be worth you registering as quite a few companies use it for their company presentations etc.

[mancman1] 20/11/2024 09:12

There is a link in the RNS.

[eggbaconandbubble] 20/11/2024 08:53

Do you have a link for recording - please!

[pretax2] 19/11/2024 21:30

Managed to attend some of the meeting and will watch recording. My takeaway was nice steady investment vehicle with a fab yield. Well done board and long May it continue.

[gre] 19/11/2024 15:20

Very good presentation by CLIG on the Investor Meet platform this afternoon. Interesting to hear about the future growth prospects.

Well worth watching the repeat showing if you missed the live broadcast.

[kernelthread] 08/11/2024 17:15

It's a 12 month high! Out of the 360 to 385 range.

[eggbaconandbubble] 08/11/2024 15:55

Interesting shift in share price today!

[scottishfield] 08/11/2024 15:06

Hear hear Mr MD

[mister md] 08/11/2024 14:35

Big dividends plus capital appreciation. That's what I invested for. Now if only my other shares would follow suit ...

[eggbaconandbubble] 08/11/2024 10:05

Tenesmic is the word that comes to mind!

[kernelthread] 07/11/2024 19:01

There's a remarkable lack of volatility in this share considering all other similar ones have been up and down like a fiddler's elbow.