The City of London Investment Group (CLIG) reported its numbers last
week. And they were a bit disappointing compared to the previous year. But
the group expects to do a lot better from now on. Well,it would,
wouldn’t it? But its reasons seem reasonable to me. And the reason you
might want to buy these shares now is that the divi is not far short of
10%.
Hello Share Shoppers. Normally, this old punter likes to pick his own shares. But one of the exceptions is my long term investment in an asset manager called City of London Investment Group (CLIG). The big attraction here is the very healthy dividend yield, usually around 10%. But its no good going for a big divi if the company providing it seems a bit wobbly.
Hello Share Carriers. Britain isn't the only country that struggles with rising food prices. Or inflation. Or transport problems. Or labour shortages. Though some regions are thriving. Like India whose people are becoming richer, admittedly from a very low bar. But as investors in (mostly) the stock of British companies, should we care about how the rest of the world fares? Yes, we should and here’s why.
Hello Share Gatherers. Next year, the UK economy will do the worst of all the G7 economies. So says the Organisation for Economic Cooperation and Development. The OECD expects the UK's economy to shrink by 0.4% in 2023 to be followed by minute growth of just 0.2% a year later. Meanwhile, there is strength in many emerging countries.
Hello Share Smashers. One way of prizing out a bit more protection against disaster in these dodgy times is to put some of your dough into a trust which you respect. It’s rather like getting a second opinion. One of my favourite such businesses is City of London Investment Group (CLIG), which specialises in emerging markets.
Hello, Share Splashers. I think you might consider whether to buy shares in City of London Investment Group (CLIG). Why might this be a good idea?
Hello Share Takers. One of the safer ways to buy shares is to make a choice that depends on the success of a wide range of companies. And if you're worried about the longer term effects of Covid on the British market, then there’s a case for buying into an investment group that invests in far-flung places. But you need to choose a venture that really moves with the times.
Hello Share Shufflers. There aren't many investment outfits I entrust my dough to, but regular readers will know I’ve time for City of London Investment Group (CLIG). A big reason to support it is a very generous dividend policy, and now comes news of a special pay-out on top.
Hello, Share Tremblers. Did you know that some graphs show that electricity and gas here costs about five times what they do in some European countries? That is in peak periods, although we normally pay twice as much. And there’s no doubt that British share values are being held back by the energy and fuel crises we’ve been going through. Thankfully though, there are some British share trusts which specialise in foreign companies.
Hello, Share Cats. Probably like yourself, I prefer to pick my own shares. But once in a while, an asset management group appeals to me. I’ve already recently brought a progress report on one of my two funds, BlackRock Greater Europe (BRGE). That has busted through another all-time high. My other such investment is the City of London Investment Group (CLIG). So how’s this one doing?...
Hello Share Chasers. Every so often I commend the pioneering cost-cutting City of London Investment Group (CLIG) to your further scrutiny. Since my last write-up, this on-the-ball share company has seen an approximate 20% hike. It’s become one of those special investments which put on a few percent each day followed by the usual profit-taking correction, only to start creeping ahead again. The latest news is that an all-share merger with Karpus Management Inc., a US-based investment management business has gone ahead...
Hello, Share Pickers. A company I often keep you posted on is City of London Investment Group (CLIG). Its numbers just came out and caused the share price to jump by 8% (though it later settled a bit). Probably because it coped well with the virus, though that’s not surprising because this is a far-sighted group which actually prepared a plan against a worldwide epidemic ten years ago. Such an impressive example of foresight has paid off...
Hello. Share Swingers. As it’s another boring bank holiday with closed markets, allow me to review a few of the shares in my bag. These have been commended to you over the last couple of months or so. During that time the Footsie and most other shares have hardly moved at all. Ok, the Covid plays have been up and down like a pogo stick, but the average performance is only standing still.
Hello, Share Tasters. The share price of one of my favourite companies dived more than 30% when the virus really struck our stock markets in March and since then, like most strong companies, it has rallied. Shares in City of London Investment Group (CLIG) were recently trading at around 325p, before the crisis they were about 450p and hit 275p in March. Now comes news that CLIG is merging with an American outfit called Karpus Management Inc....
Hello, Share Diggers. Recently, I suggested three shares which I thought might stand a better chance than most. One of the golden trio was City of London Investment Group (CLIG). Its latest half-year results are out, and are encouraging. The shares are up a bit as I write, but I’m not sure the penny’s still dropped yet...
Hello Share Twiners. It’s part of my service to you to update any of my selections which have broken through their last high points. And City of London Investment Group (CLIG) is one – as I write the share is up on a poor day. The old high was 460p and the new price is 7p better than that. Though the PE I have is still only 13...
Hello, Share Scramblers. As most share values slide at the moment, one of my commendations has happily hit a new high. City of London Investment Group (CLIG) does not concentrate in London but on the Far East. So I suppose it’s protected against growing uncertainties about Brexit...
