Member Info for Patiencemyfriend

Still not selling. I want the diviiiiis !

Must be cbam sale funds in rumours

Cbam funds in ??

A company that can rustle up 450 mill with a big middle finger up to the ambulance chasers /. fca if required with zero debt is my kind of company

Even if the sc rule against cbg Not every claim will be succesful. The below coa analysis was written by a barrisiter in the same chambers as the barrister taking one of the cases to the sc. It is nit a done deal :

https://goughsq.co.uk/court-of-appeal-hands-down-decision-in-johnson-wrench-and-hopcraft/

I agree QB the market and CBG just need to know what they are dealing with to be able to quantify and put it to bed. I still think the court case will be somewhat favourable in terms of CBG et al not having to write a blank cheque. They will get a financial 'slap on the wrist' just to save face for the CoA and FCA. But when that happens business as usual within one year and positions will start to be built in a company with a vey small share float !

Why the drop

QBArtist I did exactly the same with Lloyds - in at .43 sold as I was just going skiiing and could nt keep an eye on it - panic sold on the news, it then shot up - it was almost as thought the news was planted to give the big boys a chance to get in as it had already started to rise. Lesson learnt - let the share play out - the point it to get in as low as possible give or take a few pence. You will never hit an exact dip but as long as it is generally the lowest. CBG in normal times pays a way better divi than Lloyds and will hopefully be paying me a very nice annual when it returns plus any gains.

What s really impressed me with this share is that every dip has been bought and quickly. At some point there will be a gap up once the yanks get hold of it and realise its divvy potential. The COA have made a right pigs ear of that case which has to be changed in some respect. So - either big rise following SC case or dip quickly bought up then steady rise as certainty grows then div returns.

I think someones missed the dip. Lol

Https://goughsq.co.uk/court-of-appeal-hands-down-decision-in-johnson-wrench-and-hopcraft/

This article explains the issues with the coa ruling very well

Does anyone actually think the sc will actually reduce cbg s liabilty. There case seems diff to the others and if it s upheld the widespread implications are huge

Smaller Companies need to pay divis or there would no investment ! Are all divis going to be banned now. .. i think not

8.00. …nice… don t forget the divis !! The ultimate catalyst…. N way i ll be selling when the divis back. Will be happy with my 5 figure divi.. pay for the initial investment in 3.5 yes ish dep on the amount

Would nt be easier if the sc just ruled that any dca cases that breached the fca rules at that time were liable for redress Simples. I think . Maybe

Spot on knot. Words will have been had in chambers and the sc will be trying to work out a way to satifsfy an outcome which favours the economy / gov without embarassing the fca. To be accumalate div paying shares at this sp is a gift and life changing. I ve posted this art before but it reassures me https://www.propertychronicle.com/close-brothers-has-suspended-its-dividend-should-i-sell/

Zoom out and think of the divi,l, these movements are nothing. Whole point is. Cbg sp

Has never been at these levels and never not paid a divi. Temporary halt to business as a result of toss..rs in the fca getting it wrong.

Lets say divis return (cbg still paid a divi even through 08 and covid.. so it will)

Lets say you had 206 k at this price .. thats nearly 59k per annum .. one years divi pays for a drop to 185 ..3.5 years pays for initial imvestment.. job done. Load ya boats and enjoy yoir tetirement and VERY likely upside gains once divi returns or sooner… the only prob then is the rev dep on how much isa you have.

Boat loaded just in time. Choo choo !

Sit back and wait for

The divi return. To get eventual divis like this company you d av to spend 4 to 5 times the amount ore fca f up

Come on. Lets see 2.09

Again. Boat not loaded yet