Close Brothers Share Discussion Threads

[hamhamham1] 15/11/2024 18:10

This will now, IMO, see the light of day in a few dramatic moves based upon regulator new guidance.
Keep em peeled ;)

[hamhamham1] 15/11/2024 18:08

My take from the Mansion House speech.
Regulators getting told not to be turn the finance sector into a claims hotline.
Even the US regulators look after finance sector, they know not to shoot what lays the golden eggs.

[hamhamham1] 15/11/2024 18:05

It takes all sorts.

[thisaintme] 15/11/2024 14:23

hamhamham1..

"How in earth can that link above get a down tick from some plum?"

In case you haven't noticed. There is obviously someone one here down voting pretty much every post. Good or bad. Heh.

[tomboyb] 15/11/2024 11:08

scemer15 Nov '24 - 11:03 - 1782 of 1782
0 0 0
Tom ulterior motive? Moto is dyor as always

YEP -

should of paid attention and checked previous RNSs -

[scemer] 15/11/2024 11:03

Tom ulterior motive? Moto is dyor as always

[chriss911911] 15/11/2024 11:02

tonboyb, spot on RL, sold down to under 5%, whilst shorters in last few weeks have doubled up on positions, fireworks on results, and yes the link is highly miss leading to anyone stupid enough to follow it. False flag rally, quickly burning out, but you never know, so volatile now could be any price. But I prefer watching wireworks than holding them.

[pj84] 15/11/2024 11:01

I believe CBGPY is the ADR traded in the US, I can't find out what the Ord/ADR ratio is for CBG but looks like it could be 2 Ord = 1 ADR. Not sure where you can see trades for the ADR's.

[tomboyb] 15/11/2024 10:36

Below is a complete lie -

Overview of the Recent Transaction
On November 14, 2024, Royal London Asset Management Ltd (RLAM) made a significant move in the financial sector by acquiring 7,340,640 shares of Close Brothers Group PLC (CBGPY, Financial). This transaction marked a new holding for the firm, purchased at a price of $4.7982 per share. The total shares now held by RLAM in Close Brothers Group amount to the same, reflecting a 0.09% impact on their portfolio and constituting 4.88% of the traded stock's available shares.

Why did Guru whatever state "on November 14th" -

[tomboyb] 15/11/2024 10:32

What a sh^t -

Those shares acquired in Feb -

What kind of site is this? -

hxxps://www.gurufocus.com/news/2604937/royal-london-asset-managements-strategic-acquisition-of-close-brothers-group-plc-shares

[blackhorse23] 15/11/2024 10:25

https://www.gbnews.com/lifestyle/cars/car-finance-scandal-industry-facing-biggest-crisis-date-fca-dca-commissions

[scemer] 15/11/2024 10:24

Stoo your correct they bought in February pre court case guru are wrong to intimate it is recent the court case has wrong footed the best. Still a lot of variables about the outcome took an initial position today certainly not a basket case in my view

[flyfisher] 15/11/2024 09:52

Look at the price they paid $4.79 = 379p, so clearly is prior to the court case.

No position.

[stoopid] 15/11/2024 09:35

Share price just fell about 6% there from 218 to 206.Traders dream atm. Tempted to catch that knife now......

[blackhorse23] 15/11/2024 09:34

Regulatory reform will help mostly credit card companies like VANQ , failed claim & redress charges will be taken off! CBG hardly will be any benefited . Problem here is car finance money return , which no way out as failed in court case

[tomboyb] 15/11/2024 09:20

Nor can I -

I thought an RNS would be warranted -

[stoopid] 15/11/2024 09:18

I'm sorry, I can't find an RNS for this purchase anywhere. The last time RLAM bought CBG was back on 16/02/2024 with an RNS on the 19th Feb?It actually, according to the RNS you posted, that I still can't find, reduced their position below 5%

[tomboyb] 15/11/2024 08:52

There was a large buy yesterday at 210p -

[tomboyb] 15/11/2024 08:44

next stop 220p -

[hamhamham1] 15/11/2024 08:38

How in earth can that link above get a down tick from some plum?

[tomboyb] 15/11/2024 08:02

CBG could bounce today -

[blackhorse23] 15/11/2024 07:41

Martin Lewis says car finance scandal could double in size as FCA extends scope of investigation

[blackhorse23] 14/11/2024 19:34

Excellent news : Vanquis will be more beneficial

[stoopid] 14/11/2024 17:31

Burn shorters, burn.... Sounds like the treasury are flapping about this court if appeal judgement. And rightly so. It's totally skewed the financial landscape regarding lending and finance not just for cars/vehicles but any finance that has commission attached....