Canadian General Investments Ltd T.CGI

Alternate Symbol(s): CGRIF

Canadian General Investments, Limited is a Canada-based closed-end equity fund focused on medium- to long-term investments in primarily Canadian companies. The Company strives, through prudent security selection, timely recognition of capital gains/losses and appropriate income-generating instruments, to provide better than average returns to investors. It invests in various sectors, including industrials, information technology, financials, energy, materials, consumer discretionary, real estate, cash & cash equivalents and communication services. The Company's investment and administration activities are managed by Morgan Meighen & Associates Limited.

TSX:CGI - Post by User

Canadian General Investments Ltd

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Comment by MiningMonsteron Mar 27, 2009 3:55pm

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Post# 15877893

RE: RE: 20 percent discount to NAV

Noticed that these shares are looking very expensive on a historical NAV basis... take some profits while this other-peoples-money broker is in there buying without regard to price.

Up 7% on a big down day for the value of the portfolio. Looking to buy it again at more reasonable levels maybe 8.50-8.75 based on current value.

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