Just Retire. Share Discussion Threads

[the dweller] 18/7/2007 12:02

I expect good news on the 25th, showing that the last quarter was a blip.

[the dweller] 27/6/2007 09:40

I took advantage of the low price for one!

[tipsytoad] 21/6/2007 11:54

nooope again
no rollover
first ones been deleted

[tipsytoad] 21/6/2007 11:52

nooope
seems its a rollover - just as good

[tipsytoad] 21/6/2007 11:49

that 50 odd thousand is a buy
price has now jumped up

on top of all the x trades over the last few days
someone is taking advantage of this low price

[tipsytoad] 21/6/2007 08:07

good start to the day

about time this started to move in the right direction

totally oversold imo

[tipsytoad] 20/6/2007 14:00

and yet another x trade.....

[tipsytoad] 20/6/2007 13:33

another large X trade just gone through

could well be stake building

[tipsytoad] 20/6/2007 13:03

several x trades gone through over the last few days
and volume is increasing.......

[johnrxx99] 20/6/2007 12:59

Could have new base and well know in a day or two.

[johnrxx99] 20/6/2007 12:59

just oversold.

[tipsytoad] 20/6/2007 12:56

any clue as to the sudden rise?

possible takeover material?

[johnrxx99] 18/5/2007 09:26

Seems it may.

[johnrxx99] 15/5/2007 11:12

Off 30% now so stopped out long ago. I wonder if support will hold

[stegrego] 06/5/2007 16:34

THIS is a sweet time for Just Retirement. Since the specialist life insurer floated last November, it has produced two impressive sets of sales figures. Last week it announced an 89.7% rise in annuity policies for the past three months. Over nine months the figures are better, rising by a whopping 145%.

Just Retirement has cleverly exploited niche markets. Its so-called impaired life annuities offer smokers and those with serious medical conditions a higher level of income when they retire because they have a lower life expectancy. Just Retirement's other business is equity release plans, allowing the elderly to unlock the value of their homes without having to sell up. Both are booming.

Mike Fuller, the chief executive who has a stake worth £63m in the business, has a track record – he set up and made Britannic Retirement Solutions profitable before it was closed by its cash-strapped owner, Britannic, in 2003.

But Just Retirement's success needs to be put into context. The company is only a couple of years old and its storming results compare with a period when the business was in start-up mode. Sales will moderate as the business builds – or, as Fuller observed, "you can't keep doubling volumes ad infinitum".

So far, investors have lapped up the story, driving the shares up by 90% and valuing the business at £822m. But it's time to take some profits.

[e-mail]

[the dweller] 02/5/2007 12:19

Does anyone know what the typical annuity industry slowdown is like over the Christmas period?

[johnrxx99] 30/4/2007 09:23

Because qtr on qtr t/o down, which shows a slowing. However, I tend to accept what company has said, ie slowdown over christmas quarter.

[5dally] 30/4/2007 08:35

Why the drop anyone

[abcd1234] 30/4/2007 07:51

LONDON (Thomson Financial) - UK specialist life assurer Just Retirement
Holdings PLC said its third-quarter sales rose by almost two-thirds, fuelled by
strong demand for annuity policies.
Just Retirement, which offers annuities and housing equity release schemes
to people approaching retirement, said total sales for the three months to March
31, 2007 came in at 164.8 mln stg, up 64.8 pct from 100 mln stg in the same
period last year.
The increase was driven by robust sales of annuity policies, with premiums
over the period climbing to 130.7 mln stg, up 90 pct from 68.9 mln stg a year
earlier. Equity release mortgage advances rose 9.6 pct on the year to 34.1 mln
stg.
In a statement, Just Retirement said it now expects its year-on-year sales
growth rates to "moderate", although it added that its overall sales performance
is set to remain "strong."
"The underlying drivers of the annuity and equity release markets are
strongly positive and we believe are set to remain favourable for the
foreseeable future," Just Retirement chief executive Mike Fuller said.
AIM-listed Just Retirement specialises in so-called enhanced annuities,
which offer higher monthly payments to smokers and other customers who are
statistically likely to die before they reach full average life expectancy.
The group's annuity sales in the third quarter were down slightly from 143.1
mln stg in the previous three-month period. The company blamed a seasonal
slowdown by independent financial advisors in the post-Christmas period.
Just Retirement closed at 300 pence on Friday, valuing it at about 881 mln
stg.

[hattori_hanzo] 01/4/2007 21:26

All looking very good.

This probably explains the recent rise:

[olivercromwell] 30/3/2007 16:11

got 19,500 of these beauties..for a moment i thought it was a takeover from one of the big boys..thankgod its a buy note

Atrium looking perky as well. 3x100k buys at premium just gone through..

reckon JR. could double from here in 6 months

OliverC

[abcd1234] 30/3/2007 16:04

New highs being reached :O))

[rampmeister] 24/3/2007 17:16

Posted by Polytechnic over on iii: -

Deutsche says buy Just Retirement (LSE: JR.L - news) (raising the price target to 300p from 282p)



RM