www.citlon.co.uk/

int ex 9/2. fin ex 27/11
City of London Investment Management Company Limited operates from four centers, London, Philadelphia (established 1995), Singapore (established 2000) and Dubai (established 2007), managing assets primarily for institutional investors.

In 2002 and 2003 the investment team started to delve deeper into the stages of country development from "developing" to "developed", especially China and India, and the implications thereof, namely, the rise in the consumption of natural resources.

In 2004, using our in-house equities team, we launched the Natural Resources strategy in order to capitalise on the growing demand for natural resources via a stock selection process.

In 2005, we extended our emerging markets expertise into the frontier markets by launching the Frontier Emerging Markets strategy.

In 2009, we applied our unrivaled knowledge of closed-end funds around the world to the development of a Global Closed-End Fund strategy, using the same investment process as in our Emerging Markets Closed-End Fund strategy.

In 2010, our equity team launched the Emerging Market Equity strategy which aims to achieve long term capital growth from investing in companies which derive the majority of their profits from the emerging economies. The strategy provides diversified global emerging markets exposure, although sector and country allocation will be actively managed and stock selection will reflect a strong thematic overlay.

D M. Cardale – Non-Executive Chairman
Barry. M. Olliff – Chief Executive Officer, Chief Investment Officer
Carlos. M. Yuste – Business Development Director
Tom. W. Griffith – Chief Operating Officer


In 2011, our equity team launched the Emerging Market Equity strategy which aims to achieve long term capital growth from investing in small capitalisation companies which derive the majority of their profits from the emerging economies. The strategy provides diversified global emerging markets exposure, although sector and country allocation will be actively managed and stock selection will reflect a strong thematic overlay.

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Does the link above have a bearing on clig skinny?

No - good spot, I meant to post it on the GLIF thread!!

Tried 260 for the 3rd time earlier.

260 breached and gap closed for now.

This one owes me.

The only good thing about it for me is the yield!

Ummh.

Have considered dumping and moving on, but ???????

unfortunately i did dump to go else where, but i'm sure it'll come back....... div is good so back in before october.,.

Above 260 again and with some volume today - the spread can be a killer!

It's quite an interesting 5 year chart and arguably the trend is now firmly up. As a medium term investment looks quite good with a divi yield of c9%. Only market cap of £70m and a Beta of 0.39 which worry me slightly, though the spread is not such a worry if you buy for the medium/long term.
Sp seems to have cleared the 260p level as per post #113. I suppose it needs to hold above that for a while to convince new buyers?

Lets hope so Harry - I bought in @235 last September and regretted not selling as it quickly rose to the 270s - at least I've had a couple of chunky dividends.

12 month high @276.50p

Canaccord Genuity Buy 269.13 273.50 333.00 333.00 Retains

That will be £3.

Ye ha!.. keep going you fool.

Stan,

Nice dividend on this one!

Worth holding and I might get my initial outlay back plus yield!

Hope leads me!

I'm a relative new comer here last September so @25% up.

Apparently cannacord have a note @£5 out - but I can't find it as yet!

That would be quite acceptable!

PS.

There is one problem with this share and that is spread.

What I have done is used limit B.and S.

That is a problem definitely (13.25p as I type) - I bought using a limit, which took a while to get filled - I assume doing the same when selling will take even longer!

The volume has been quite strong the past couple of days (MAM charts not correct).

Ages since my buy on this one but agree, the spread needs watching.