Member Info for Patiencemyfriend

I get you Shelt. Great company. Happy with lower divs. No probs. Upwards and onward

Sheltie - I appreciate capital growth is obs good in a company and am hoping for that but if the SC case goes somewhat in CBG s favour i.e. less or no liabiltiy than 175mill then they already will have 400 mill ish stacked up so why would nt they start divis again, which would also be a SP catalyst as it was a catalyst in the opp way when the dive were suspended ?

Knot what s your opinion on this as this was a strong reason why I invested in the first place - I understand that they may not be as good as they were in 23 when they resume.

I thought i d missed the boat at many entry levels but would have been better just holdimg as long as you have bought in relatively low. Like now. But this shares got an advantage to rolls… great divis when they return.

Tell you what if I was nt running round like an idiot working I would be making twice the money swing trading this along side my core holding - its a swingers dream !!! Being a busy fool I think they call it. . Doh !

On 25 October 2024, the Court of Appeal upheld the Claimants’ appeal against CBL.

The Court of Appeal determined that motor dealers acting as credit brokers owe both a disinterested duty and a duty of loyalty (“fiduciary duty”) to their customers. This sets a higher bar for the disclosure of and consent to the existence, nature, and quantum of any commission paid than that required by current FCA rules, or regulatory requirements in force at the time of the case in question. From cbg inv relations.

Simple summary.

Blafe… you were right the mid to early 200 “ s was a great time to buy in.. but i d be happy with early 300 “ s if i were you when cbam funds land …..

The RReeves thing was never a reality, she just wanted to put her name to an outcome. The sp rise was a surprise as i was exp sideways trading until the sc case. We just need cbam in the bank then we are good

Https://www.propertychronicle.com/close-brothers-has-suspended-its-dividend-should-i-sell/

Just in case anyone has any doubts

So they already have more than that stacked up from no divi payments and 175 mill just about to drop …. Id say that s why we all bought at 2 quid ish !!!!! Choo choo all aboard the divi and gain train choo choo

Well done guys. Although i made a decent whack i did nt go in hard enough and pulled out too soon. Usually a good thing but not in this case. Learnt my lesson and now over 120 k up in cbg with over 100k shares with around 67 k per year on the horizon and its only just begun. Thanks to the fca.

If the SC completely overturn the CoA s ruling can CBG claim back costs / losses ?

All aboard the divi and gain train. choo choo !!

Strange thing is cbg prob don t need to sell cbam now so might be there a reversal on this

Up, down, sideways… as long as you have bought in low ie now or lower you re on the divi and gain train choo choo !! 100000 shares is 67 k per year. Set for life !

Reeves just wants to put her name to the outcome of the case which she know was inevitable anyway...simples

Well done guys. And now for the special divi desert !

Maybe institutions / banks helo each ither now and again ….for a fee

At a later date !! 200 Mill is peanuts to oaktree

Given the legal it would nt look good if directors started piling in. But they will be loading up descreetly and gradually without being traced

Keep em coming knot. Thats what this boards fo

Juliters prob bought because of what we re all seeing

In the company. A bargain !