||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Real-Time news about Just Retirement (London Stock Exchange): 0 recent articles
|Just Retirement Daily Update: Just Retirement is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker JRG. The last closing price for Just Retirement was 154.60p.|
Just Retirement has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 564,397,402 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Just Retirement is £872,558,383.49.
|k3ndo: It looks like a purchase of over 4 million shares has had a detrimental affect on the share price. I don't understand why !!|
|rathlindri: Hasn't the share price already reflected a similar percentage fall?|
|scrapheap: Was this reported on here from the IC?
Some level of annuity market shrinkage looks inevitable and that presents challenges - especially for such players as Just Retirement and Partnership Assurance. But there's also some truth to Partnership's assertion that the guaranteed income that comes with an annuity "will remain an important financial solution" for many. On that basis, it's far from clear that the worst case - the near-death of the annuity market - is inevitable. Moreover, it's also unlikely that those who appear the most exposed won't diversify or innovate to make their offering more attractive - after all, and as Jonathan Howe, the UK insurance specialist at accountancy firm PwC, points out, "there are thriving life insurance industries around the world without compulsory annuity purchases". Accordingly, and while some share price correction at Just Retirement (136p) and Partnership (119p) may well have been warranted, the scale of slide - shares in both now trade well below reported embedded value - looks overdone. For those with patience, and an appetite for risk, buying at these depressed levels could prove lucrative.|
|knigel: Well at least 178p is higher than the current share price!|
|knigel: RNS out - obviously painting a positive picture... perhaps there should have been a comment on the -35% share price drop!|
Just Retirement share price data is direct from the London Stock Exchange