UK 13:13 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Twiddlers: Let's have another look at the City of London Investment Group (CLIG). I've brought them to your attention before, but they've rocketed ahead quite nicely since then. Despite their name, they are not concerned with buying up London properties to make capital gains or rent out homes, offices and shops. This is a pity, as they would, given the present price boom in the capital, be doing even better than they are now.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Patrick Leahy
Also worth noting that it has a good cash pile which is why it can continue to pay out a 7.7% dividend even when dividend isn’t covered by profits. The other things I like about this company are that it is very transparent about what it expects future earnings to look like, and staff pay is performance related so that minimises company losses in bad years for the market. They are trying to increase funds under management by £1bn which could also improve profitability given they make money from fund fees.
Current P/E is more like 15 rather than 13 as you note in the article (unless you’re using forward estimates?).