ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

JDT Jup Ord.

0.155
0.00 (0.00%)
19 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jup Ord. LSE:JDT London Ordinary Share GB00B0M3FZ66 ORD INC SHS 8.98274742P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.155 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
0.01 0.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.155 GBX

Jup Ord. (JDT) Latest News

Real-Time news about Jup Ord. (London Stock Exchange): 0 recent articles

Jup Ord. (JDT) Discussions and Chat

Jup Ord. Forums and Chat

Date Time Title Posts
25/2/202410:19SPLITs Followers’ Thoughts for 202410
31/12/202314:33SPLITs Followers’ Thoughts for 2023121
01/1/202314:22SPLITs Followers’ Thoughts for 2022222
31/12/202115:14SPLITs Followers’ Thoughts for 2021222
31/12/202014:41SPLITs Followers’ Thoughts for 2020236

Add a New Thread

Jup Ord. (JDT) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Jup Ord. (JDT) Top Chat Posts

Top Posts
Posted at 01/1/2024 16:00 by rimau1
Happy New Year Skyship. I'm bullish on equities for 2024 and agree with the popular narrative that the combined tailwinds of peak interest rates, falling inflation and the relative cheapness of UK stocks should result in a positive year. Plenty of undervalued and unloved stocks especially in the small cap space. If I had to pick one it would be TMT but you know this one so my other is Puretech Health (PRTC). In a nut shell its a British Biotech with a unique model of having its own proprietary drug pipeline but also a founding entities portfolio business which comprises of listed and unlisted companies where it has sold controlling stakes to self fund the pipeline business so as not to take on debt or dilute equity holders but it retains minority holdings. 2 weeks ago one of these founding entities (Karina) announced an all cash $14b takeover by Bristol Myers Squibb (BMS). PRTC now has cash on the balance sheet + cash from the sale completing in Q1 worth £516m or £1.90 a share. Current share price is £1.94, so its priced as a cashshell. It gets better, it has low hurdle (so almost guaranteed) Karuna related royalty payments of a further $400m due by 2028 which is worth another £1.12 a share, or BMS may do a deal to buy these out. So cash + Karuna £3.06 and zero value on its stakes in other companies plus its own pipeline which is advancing slowly but steadily. The PTEC thread is a good starting point if you are interested. The external macro tailwind to add is that Biotech has been in a 5 year bear market so there is significant Beta upside when the biotech benchmarks turn to add to the significant Alpha described above. Very prudent target price for y/e 2024 is £3 based on Karuna alone. Progression on the 100% owned pipeline and all bets are off (house broker is at £9). Low risk high return stocks are always a good shout! All IMO of course.
Posted at 01/1/2024 10:43 by sleepy
SKY - thank you for setting up this years thread and for your 18 previous annual JDT threads! Your comments on the CP+ thread have been invaluable.
Posted at 31/12/2023 14:09 by skyship
SPLITs Followers’ Thoughts for 2024

Another difficult year for investors and the World in general. The Markets see-sawed back and forth almost on a monthly basis; thankfully November/December managed to string together two months of positivity.

The UK indices closed the year rather mixed. The FTSE100 finished marginally in positive territory at 7733 (+3.8%). The FTSE 250 also up at 19690 (+ 4.4%); whilst AIM had another poor year closing at 763 (-8.2%).

Personally my portfolio traded quietly in a +/- 5% range throughout the year (same as last year) and closed up 4.9%. A boring year; but happily almost covered my SIPP drawdown rate.

My Tip for 2023 – Greatland Gold (GGP) - was all over the place with many profitable swings to play. Starting at 8p they saw a low of 6p and a high of 11.5p before closing the year up 25% at 10.0p.
My Spec for 2023 – TRINITY Exploration (TRIN) – had a disastrous and frankly bizarre fall of 60%; down from 103p to 41p. More anon…

So, where to find some growth for the year ahead. Well, there seems to be a concensus that the UK is under-valued; especially when compared with the over-valued US market. The US is of course showing growth; whereas the UK is languishing on the brink of recession, though a mild one it is to be hoped. The string of transatlantic takeovers supports the hypothesis of a cheap market; but until the institutions and pension funds are regulated to invest back into the UK, the markets may well stay cheap and vulnerable to overseas cherry-picking!

My Tip for 2024 was going to be Augmentum Fintech (AUGM), but that ship has sailed with a 35% rise over the past few weeks. I’ve top-sliced; but continue to hold as I see another 25% upside there. Instead of AUGM I select property company CLS Holdings (CLI) at 102p as my Tip for 2024.

CLI is a European operation – 45% UK, 42% Germany, 13% France – but has been savaged by the UK Market as they are wholly in the Office sector. However the extent of the fall would seem to be wholly unjustified. Whilst the NAV has fallen 17% from Dec’21 (far less than all UK REITs), the share price has fallen 53% from 218p to the current 102p. At this level the NAV discount is a cavernous 65% and the well covered dividend provides a yield of 7.8%. Through individual ownership and family trusts, the Morstedt family own 62% of the equity and have been large buyers on the way down.

The shares fell as low as 85p at the end of October, formed a base and are now seeming set to recover. Last week they broke through the psychological 100p threshold and seem set for a short-term run back up to 130p. Bulls will hope that the Mortstedt family might decide to buy-in the company; or sell out to the hungry PE sector.



My Spec for 2024 is to re-run TRIN @ 41.0p. Without TRIN I would have been up 14% in 2023! The shares are absurdly cheap – perhaps like many on AIM. The MCap of a mere £16.4m needs to be weighed against Operating Revenues of $12m for 2023 & a likely $15m+ for 2024. Oil flow is steady at c2900Bopd and next year no petroleum tax. They are already paying a dividend of 1.5p/annum. A rapid recovery to 60p at least looks likely in Q1’24.



I look forward to reading others’ New Year tips and views; and any contributions throughout the year are most welcome…
=====================

Useful links to gilt/bond prices, commodity prices & the UK 10yr Gilt:
Posted at 01/12/2023 13:10 by starpukka
Interesting you mention CLI. I hold but it is my 2nd worse faller @ 33% down on my buy price !
Posted at 06/11/2023 16:37 by skyship
sp - being a propco I know SERE of course; but sold them in the mid 80s a couple of months ago. Watching for re-entry; though a bit concerned by their high office content. Though that not such a problem in Euroland.

I don't like the renewable and infrastructure sectors, esp. the former. Totally subsidy dependant and the economics a whole lot worse than stated as product life a whole lot shorter.

My REITs are API, EBOX & SREI - which just a few days ago gave an average yield of 8.9%. Now down to 8.2% after 8.0% yesterday! EBOX still too cheap on a 9.1% yield and 47% discount.

I posted this on TMF on 29th Oct.:

Well, I too hold 3 REITs - API, EBOX & SREI. Taken as a group, the average yield is 8.9%!

The dividends on all 3 are covered & the BoDs state the dividends are secure.

None of them have pressing debt concerns, occupancy is good and rents are rising.

The average NAV discount is 43.2% to Mar'23 & Jun'23 valuations. Allowing for a further 5% fall the discounts reduce to 40.2%.

The discounts are cavernous, the yields are immense, the stock-market valuations are bizarrely bearish and untested.

Sanity will return once inflation and recession fears are reduced; but the current geopolitical situation is hardly conducive to improving markets, regardless of apparent value.

So whilst higher for longer is thought to apply to interest rates; lower for longer might apply to all sectors of the market.

However, here in the UK that recession seems to be constantly in abeyance, so if it does eventually kick in, it may hopefully prove to be a rather mild affair; really posing little concern to rent rolls. Furthermore, with high interest rates damaging governments, corporates and individuals; it seems to me that the central banks may actually cut sooner than anticipated, especially as inflation rates are falling fast – outside the UK that is!

As interest rates fall back, the secure yields in the REITs will inevitably trigger a strong recovery in share prices.

Consider this. If the average yield across my 3 plays cuts from 8.9% to 7.0%, that provides a 27% increase in the share prices. I’ll enjoy my 8.9% whilst I wait!
Posted at 30/4/2023 17:02 by gary1966
I hope so Sky but who knows? I keep taking the monthly dividends which at the current price are over 10%pa and hope that the true value comes out at some point in the future.

Surprised at how weak TRIN have been but wouldn’t want to be in it if the latest big drill doesn’t come in. At the moment it feels a little more like an exploration company with production slipping slightly. In all fairness though I think there are a lot of cheap oil and gas producers out there in the market at the moment.
Posted at 30/4/2023 11:29 by skyship
TRIN announces another share buyback. Should trigger a recovery in a very oversold and massively under-valued stock.
Posted at 02/1/2023 21:58 by hybrasil
As sky well knows I am a long term follower of his and have many times benefitted from his suggestions. My tip for 2023 is a dull and boring share. Van Elle (vanl). It’s the number 1 piling contractor in the uk. It has virtually no debt and is valued roughly at the sum of its net assets. Floated in 2016 at £1 a share it has dealt with the exit of the founder (and the sale of his shares), and COVID which needed a discounted rights issue. The share price is now .50p. The company pays a dividend is in my mind well managed and is now doing very well indeed. Results due on the 25 th jan should confirm this.
My tip for 2024 looks like being Advfn. The new management look like they can really get this going and I have subscribed for shares in the placing
Posted at 01/1/2023 14:20 by skyship
SPLITs Followers’ Thoughts for 2023

Well, as expected, 2022 turned out to be a very difficult year for investors and the World in general. Sadly, it is hard to imagine much change in 2023; but the Market always looks ahead; so with better news from Ukraine, then H2’23 could provide better times.

The UK indices closed the year in distinctly negative territory, with the exception of the FTSE100, the only large global index in marginally positive territory at 7452 (+0.9%). The FTSE 250 lost 4628 pts at 18853 (- 19.7%); whilst AIM had a really bad year losing 386 pts and closing at 831 (-31.7%).

Personally my portfolio traded quietly in a +/- 5% range throughout the year; and closed down 0.4%. A boring year devoid of coups!

My Tip for 2022 – Trinity Exploration & Production (TRIN) – tipped at 128p, traded up to 150p in the Spring, but then languished, rallied, dropped and closed out at 103.5p – down 19.1%.

My Spec for 2022 – Primorus Investments (PRIM) – tipped at 3.5p, traded up to 4p bid in early Spring, but then spent the rest of the year in negative territory, closing down at 2.85p (-18.6%).

So, where to find some growth for the year ahead. I considered my preferred sectors of the REITs & PEITs. Both sectors have been hit hard by the rise in interest rates; and the discounts and, in many cases yields, now on offer look to totally discount any further bad news.

I have been feeding cash back into the REIT sector; but it is from the commodities sector that I select both my 2023 Tip & Spec. I considered GAS (CHAR); Oil (TRIN); Gold (GGP) & Silver (PHSP).

So, my Tip for 2023 is a re-run of 2020’s coup – Greatland Gold (GGP). Last time the shares shot from 1.75p to 35p – a 20bagger! Since that unlikely peak the shares have been a one-way toboggan slide back down to 8p.

Now however everything once again looks to be in place for a strong run ahead. The last 6months have seen a big fundraising (no more equity issue required); the appointment of 3 new “Big Name” directors with substantial experience in the sector; a new heavyweight stakeholder and the execution of a £130m debt commitment with a syndicate of Australian banks.

Whilst all this was going on they progressed matters for a joint Australian listing in the Spring/Summer; and most importantly their 70% JV partner (the giant Newcrest) progressed the Havieron mine with well-nigh lightning speed.

With all the good news it is perhaps surprising that GGP still languish at current levels; but I expect that all to change in the New Year; and would be most surprised not to see a 50% gain back to the 12p level, perhaps higher.

The article below states the case far better than I can:



My Spec for 2023 is to re-run TRIN @ 103.5p. Regardless of the oil price, TRIN seems absurdly cheap.

At a MCap of just £40m - Zero NET Debt; c 42% of share price is Net Cash + Inventory + Vat Receivables; PER for 2023 possibly as low as 3x; buybacks started and a dividend promised for this year.



I look forward to reading others’ New Year tips and views; and any contributions throughout the year are most welcome…
=====================

Useful links to gilt/bond prices, commodity prices & the UK 10yr Gilt:
Posted at 16/12/2022 16:18 by skyship
RE EBOX:

I thought last week's Finals rather encouraging; and the website Presentation rather confirms matters.



The main thing to note is that the dividend was covered in Q4 and will be covered forward into 2023; with the possibility of 3 x 1.25c interim dividends in the first 3 quarters, followed by a slightly increased dividend in Q4. At today's lower offer price of 60.1p and at a forex rate of 1.15, the yield = 7.24%; whilst the NAV discount is now fractionally under 50% at 49.5%.

Of course reduced valuations in Q4'22 & Q1'23 will knock that discount back; however much of the damage is surely in the price. With a high LTV of 35% we could well see the NAV fall as much as 20%, down to 95.2p. At that level the discount would still be a high figure of 36.9%.

There is no doubt that whatever gloss they may put on their new acquisitions, they were made pretty well at the top of the market - so we must expect some serious red ink.

However, the share price has almost halved through 2022 from a high of 118p at the start of the year. So down at 60p with a yield of more than 7%, I rate these a GOOD BUY.
Jup Ord. share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com