CITY OF LONDON INVESTMENT TRUST PLC (CTY)

CITY OF LONDON INVESTMENT TRUST PLC (CTY)

Blog posts

Woodford Fund and Trust News

The good news for investors in the Woodford Patient Capital Trust (WPCT) is that Schroders are taking over management of the portfolio.  The share price promptly jumped upwards on...
Post Date: October 26, 2019 Read more

City of London IT, Equals Interims, Paypoint CEO, Downing One VCT and Parliamentary Pandemonium

Having been away on holiday in the North of England last week, this is a catch up on news that impacted my portfolio. I received the Annual Report for...
Post Date: September 30, 2019 Read more

Earthport Accounts, City of London IT and Patisserie

Earthport (EPO) is the latest AIM company to report that its past accounts are not all they should have been. Following a review by the new CEO and CFO, it seems there have been errors in reporting of forward foreign exchange transactions. This will result in fair value adjustments and a reduction of £6.3 million to £16.6 million in the net assets of the group at June 2017. Likewise adjustments are required to previous years. Reported earnings are also reduced although ...
Post Date: November 2, 2018 Read more

On-Line AGMs and City of London IT

I mentioned in a previous article the growing concerns about the use of “virtual” Annual General Meetings (AGMs) in the USA. There are not many on-line AGMs yet in the UK but yesterday there was a good example at the City of London Investment Trust (CTY). I actually had to complain to the company last year about the defects when I attempted to attend it on-line rather than in person – it did not work on the day, plus a later ...
Post Date: November 1, 2017 Read more

Learning From The Experts

One way to learn about how to invest successfully is to follow the style and rules of the experts. Yesterday (27/10/2016) I attended the AGM of Standard Life UK...
Post Date: October 28, 2016 Read more

AGM Reports

City of London Investment Trust (CTY) – AGM Report 2015

I'll start by repeating what I said about this company in 2012: I have held this general investment trust a very long time - about as long as the fund manager, Job Curtis, has been managing the fund in fact. In other words a very long time, so it was interesting to attend their Annual General Meeting (AGM) yesterday as I don’t always bother. It’s hardly a company where one expects many complaints or surprises at the AGM for reasons that ...
Post Date: October 24, 2015 AGM Date: October 24, 2015 Author: Roger Lawson Read more