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.

Take less whisky with it stan.,.

Gona have to sell clig.....down 162p on my sw.........

Interesting BB that while Cligs S/P is inaccurate, if you click on their chart it is showing 335p!

Stan MAM apart, CLIG is also traded on PLUS - on SETs the spread is 334 - 344.75, on PLUS 325 - 345 - clear as mud!

Thanks for the heads up Skinny.

Interim Results

SUMMARY

• Funds under Management ("FuM") of US$4.0 billion (£2.6 billion) at 31st December 2014. This compares with US$3.9 billion (£2.3 billion) at the beginning of this financial year on 1st July 2014 and US$3.5 billion (£2.1 billion) at 30th November 2013

• FuM at 31st January 2015 of US$4.0 billion (£2.7 billion)

• Revenues, representing the Group's management charges on FuM, were £12.2 million (2013: £11.8 million)

• Profit before tax of £4.3 million (2013: £3.3 million)

• Maintained interim dividend of 8p per share payable on 6th March 2015 to shareholders on the register on 20th February 2015

• Cash and cash equivalents at the period end of £8.1 million (2013: £9.9 million) after ESOP share purchase (£1.0 million) and share cancellation (£0.3 million)

Note: the financial year end changed from May to June in 2014

I anticipate good progress in the further development of your company over the rest of the current year and beyond."
David Cardale, Chairman


This release includes forward-looking statements, which may differ from actual results. Any forward-looking statements are based on certain factors and assumptions, which may prove incorrect, and are subject to risks, uncertainties and assumptions relating to future events, the Group's operations, results of operations, growth strategy and liquidity.

Nothing frighting about that on first knockings is there chaps?

Stan,

Have a look at growth rate over last 3 months and add yield to it.

It does cough and splutter, but appears to be going in right direction.

I am continuing to hold, but only just out of money on it.

I'll continue to hold for the yield and am helped by my fortuitous entry price.

Yep, holding firm at 337.25p at the mo.

Links copied :-

Upgrading forecasts and target price.

N+1 Singer

Cannacord

Hardman&Co

Thanks Skinny.

Yes thanks Skinny, volume up today... so who's buying/selling?

Look at clig go this morning.,.

Out all day yesterday but back to see it tripped out of several positions, suspect the rise is buying in for Ex divi but don't know for sure. See how it go's today.

12:03:52. 350.00. 100,000 O 350.25. 356.75. Sell. 15,435. 100,032.

Large trade just gone through, says sell but we know that is only 50/50... any of you lot trading it lately? -):

cheers

Bazzer sells 250,000 shares http://www.moneyam.com/action/news/showArticle?id=4979900

The Cad!

I didn't buy them!

Nor me, hope Skinny didn't -):