Close Brothers Share Discussion Threads

[jarjar] 10/11/2008 18:01

incredible daily volatility often contrarian to market moves
with little apparent justification in news or trades
my guess is it may touch 650p before dropping to 500p again
but I could be totally wrong - trading rather than holding,
bearing in mind the yield, seems the way to look at this share

Max you will pick up a reasonable dividend on Friday
and a trading profit - I think a good deal in these market conditions
you will seldom get it spot on

[l376233] 09/11/2008 13:49

roidstermuthafukk did u say 3quid, we dont always get it right.

[billlarkin] 07/11/2008 19:18

Why are Close Bros offering 7% for a one year term savings account?

Why are they paying a premium for cash?

[max euwe] 07/11/2008 16:38

Yes it looks as if my sell the other day @£6.02p was slightly premature.

[max euwe] 06/11/2008 00:30

jarjar, I bought these a few weeks ago @ £5.70 but only for the dividend.
I was shocked to watch it drop to around £4.60 afterwards but held on. I sold today at £6.02 because I put a £6 sell order at the time of buying.

I've made £2k with this but I'm beginning to regret selling. Like you I suspect there is some stakebuilding by someone, for what reason I don't know.
Anyway good luck.

[jarjar] 06/11/2008 00:17

again a big rise without significant trades
is there someone after our cbg ?

[jarjar] 30/10/2008 21:55

we are up almost 60p at over 11%
and no reaction from the punters
why the rise today ?
it certainly is not the trades
no news from the company !

[jarbie] 17/10/2008 18:12

where do we fit in the banks rescue package ?
we are not directly involved
but we should respond to the the new environment
easier inter bank lending and lower bank rate
but we have reduced profitability - not surprising
we gained marginally with the market recovery
and should continue to follow the market in the near term
in time we should respond to the trading statements

[bloodsports] 16/10/2008 13:43

I am always hopelessly wrong at moment but if close can survive the next few years I would have though a lot of competion will be gone as the 'merchant banks' seem to be disappearing quickly. The strategy seems right to me-a break up would have been a disaster. But what effect does the lack of inter-bank lending, drying up whole sale markets etc have on these?

[roidstermuthafukk] 10/10/2008 13:05

GONE XD...now the trickle down to 3 quid!

[jarjar] 07/10/2008 21:12

xd day tomorrow
will it tank 25p or will it rise with the crowd ?
edit
with DOW at -508 I guess it will be down with the crowd
the Yanks really don't know how to help themselves
and we always follow them blindly

[jarjar] 03/10/2008 19:41

xd date is now 08.10.08 = Wednesday
that is why it is rising at the moment
a good dividend coming in November
but the Dow drop this pm is worrying

[l376233] 03/10/2008 17:02

450 and im in for more

[asmodeus] 30/9/2008 21:25

Going up fast (3.8% today). Next stop 600?

[roidstermuthafukk] 29/9/2008 16:19

going down fast .next stop 450p

[roidstermuthafukk] 29/9/2008 16:18

shiiiiiiiiiiiittttttttttttttttttttttttt!!!!!!!!!!!!!!!!!!!!

[l376233] 22/9/2008 22:43

JarJar, I'm with u all the way

[jarjar] 22/9/2008 17:28

to answer my own question
29.09.08 - final results
01.10.08 - final xd date
06.11.08 - final div pt date

[l376233] 22/9/2008 16:57

yes there u have it 700p and not yet reached the end of the month

[jarjar] 22/9/2008 15:41

the price is holding up better than most banks
is there any positive news lurking about ?

[l376233] 12/9/2008 19:32

looking good for 700 by month end

[jarjar] 06/9/2008 23:29

buy at 500p - sell at 700p - give it 6-9 mths
take over at 800p plus

[l376233] 05/9/2008 09:48

looking at oppertunity of buying more

[l376233] 04/9/2008 12:19

this company is looking more of like takeover target