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John Bran
Posted: 13 January 2025 17:24:40(UTC)
#61

Joined: 01/09/2017(UTC)
Posts: 2,123
CGEO (Hold a significant amount of BOG) share price has been falling. On what amounts to a rumour.


"Georgia Capital Plc's (GCAP) Board of Directors would like to address media speculation as reported late last week by Radio Liberty Georgia. The report speculated that certain members of the US House of Representatives have sent a letter to the new US administration calling for action against a list of 25 individuals, including GCAP's Chair and CEO, Irakli Gilauri, in relation to recent political events in Georgia."

Full RNS
https://www.lse.co.uk/rn...ion-quuas8p5eobewd7.html
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Johan De Silva
Posted: 13 January 2025 22:21:54(UTC)
#62

Joined: 22/07/2019(UTC)
Posts: 4,410
Thanks John.

I thought the lack of rise was just the market and if it's this news then I don't think it is such a big risk.

I am tempted to get back in with this high rate environment.

I presume the US doesn't have any influence or interest in Georgia so I do wonder if it's an easy target for Putin to pick on when Ukraine ends.
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John Bran
Posted: 14 January 2025 10:20:54(UTC)
#63

Joined: 01/09/2017(UTC)
Posts: 2,123
Johan De Silva;331050 wrote:
Thanks John.

I thought the lack of rise was just the market and if it's this news then I don't think it is such a big risk.

I am tempted to get back in with this high rate environment.

I presume the US doesn't have any influence or interest in Georgia so I do wonder if it's an easy target for Putin to pick on when Ukraine ends.



It won't be that easy a target. He will be weak post Ukraine. More importantly the Dream party keep on creeping up to him so I doubt he will feel the need.

PS the US is constantly showing interest in Georgia

"The United States is designating Bidzina Grigoris Dze Ivanishvili, founder and honorary chairman of Georgia’s ruling party, Georgian Dream, for undermining the democratic and Euro-Atlantic future of Georgia for the benefit of the Russian Federation"

https://www.state.gov/sa...e%20Russian%20Federation.
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John Bran
Posted: 19 February 2025 22:06:28(UTC)
#64

Joined: 01/09/2017(UTC)
Posts: 2,123
CGEO
24 February 2025, at 15:00 UK / 16:00 CET / 10:00 US Eastern Time. The duration of the webinar will be 60 minutes and will consist of a 30-minute update and a 30-minute Q&A session.

The link to the webinar
https://georgiacapital.g...ce-4q24-and-fy24-results
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Johan De Silva
Posted: 19 February 2025 22:43:54(UTC)
#65

Joined: 22/07/2019(UTC)
Posts: 4,410
Now called Lion Finance.
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John Bran
Posted: 21 February 2025 17:55:47(UTC)
#66

Joined: 01/09/2017(UTC)
Posts: 2,123
Change: 82.00p (6.54%) that's plus.
Can't find any news? At least no RNS

PS BGEO also up but only 3%
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Phil 2 on 24/02/2025(UTC)
John Bran
Posted: 24 February 2025 19:26:39(UTC)
#67

Joined: 01/09/2017(UTC)
Posts: 2,123
And another 6% today.
No news but there was webinar via zoom at 15.00hrs. The share price rise was complete by then. Missed the webinar will have to wait for a recording to become available.
As this is about BGEO no share price increase from them.
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Johan De Silva on 25/02/2025(UTC)
John Bran
Posted: 25 February 2025 18:43:44(UTC)
#68

Joined: 01/09/2017(UTC)
Posts: 2,123
BGEO up 2% but was up 7%
CGEO Still rising albeit only 1%.
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Big boy on 26/02/2025(UTC)
John Bran
Posted: 26 February 2025 10:18:35(UTC)
#69

Joined: 01/09/2017(UTC)
Posts: 2,123
Interest rates set by the national Bank of Georgia are 8% inflation has risen to 2%.
Looks like July was the last time they reduced it. Due to the rise in inflation it looks unlikely they will be lowering it anytime soon.
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Johan De Silva
Posted: 26 February 2025 11:43:21(UTC)
#70

Joined: 22/07/2019(UTC)
Posts: 4,410
...The high rate is to keep the currency steady against the dollar like all currencies try and do. There is a net benefit though right?

It is well worth noting to us risk takers that LLOY, BARC, HSBC and STAN are shooting the lights out with lower risk. Popularity matters as we look at the spectrum from JPMorgan moving first, European banks and then to the lower known investments where BGEO and AUGM sadly sits at the extreme end. ...just think where Tide and Starling would sit though if news of IPO's was to ever ramp up there as they will I am sure be popular as UK bank valuations rise.

Over the long run, where the market is a weighing machine and not a voting machine that it is in the shorter run (cant remember the quote or the source), then value should come through as long as the macros become more certain and hold.
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