Share Name Share Symbol Market Type Share ISIN Share Description
JZ Capital LSE:JZCP London Ordinary Share GG00B403HK58 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 507.00p 501.00p 513.00p 507.00p 507.00p 507.00p 46,596.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 20.6 7.5 9.9 46.5 425.41

JZ Capital Share Discussion Threads

Showing 76 to 99 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
26/10/2016
06:53
Interim results: Http://www.investegate.co.uk/jz-capital-ptnrs-ltd--jzcp-/prn/dividend-declaration/20161026070100PC061/ Very satisfactory progress, dividend 15.5c, which I receive in USD.
jonwig
15/10/2016
16:19
OK fair point - will take a look.
topvest
15/10/2016
14:28
I'd agree they haven't been spectacular, and I think they did a dilutive equity issue last year which wasn't popular. But everything has its price, and a return of over 25% in under 6 months is satisfactory! I think PE is getting more interest from investors and the discount here is still higher than most. The fact that its assets are almost all EUR and USD is an important thing, too.
jonwig
14/10/2016
20:41
Yes, performance has been poor in recent years though. NAV rises have been pedestrian given the strong economy particularly in the US.
topvest
14/10/2016
09:17
End-July NAV was unchanged at $10.41. using current FX rate (1.22) this equates to 853p. With some recent disposals coming in above carrying value that looks conservative. Discount 41% still gives space for upside.
jonwig
21/7/2016
06:41
During June 2016, the NAV increased by 9 cents (or 0.9%) from $10.32 at 31 May 2016 to $10.41 at 30 June 2016. This was driven by FX gains of 10 cents and investment gains of 3 cents offset by net expense/finance costs of 4 cents. So 788p at current fx, or 45% discount. Even after the recent good run.
jonwig
07/7/2016
14:09
Is there a more positive attitude to PE as a neglected asset class in the current climate? Smaller companies might be less affected by macro issues, and the prospect of lower interest rates for years to come won't harm. A monthly NAV statement is due for May, but it's doubtful they can be over-optimistic.
jonwig
20/6/2016
10:02
deadly - I think it's rather out of favour, as with a lot of other PE funds. The big drop last year was down to an equity fundraising which was pretty dilutive, I think. Gearing will be lower next week, of course. The yield of over 5% is a decent compensation for waiting around!
jonwig
20/6/2016
09:27
Looks exceptionally good value, but must be a catch? Investment in microcaps and property in the US is perhaps a risk but not enough to warrant the discount. And the gearing will reduce soon when the zeros are redeemed.
deadly
20/6/2016
06:17
NAV at 31/05 was $10.32 or 711p spot, so 45% discount. This comes after a dividend payment of 15c (10.3p).
jonwig
29/1/2016
07:08
NAV as at 31/12 was $9.55 (or 663p, spot) so 41% discount. Even with gearing, that looks excessive. ZDP redeem in June 2016, CULS in June 2021.
jonwig
15/12/2015
10:23
Well, someone thinks they're worth buying: First Eagle Investment Management, increased to 4,366,136, 6.72%.
jonwig
29/11/2015
07:48
Most recent document, H1 results presentation: HTtp://www.jzcp.com/docs/default-document-library/jzcp-hy15-results-presentation-2015-final.pdf Dividends (last two): 33.5c = 22.3p, yield 5.6% Latest NAV (23/11/14): 952c (635p), discount 38%. Explained, I think by gearing in capital structure: Gross assets. 1040 ($m) Bank ......... 167 ZDP .......... 110 CULS .......... 67 Net assets ... 693
jonwig
27/11/2015
09:13
I never did get around to buying way back in 2009, but Citywire's "Investment Trust Insider" has a section on PE, and JZCP has some good looking numbers. The discount to NAV isn't really the main reason, because it's been persistently high for years. Will get the header updated over the weekend.
jonwig
09/9/2015
13:44
Hopefully ok posting here as no zero BB For zero holders there appears some smoke and mirrors as surely to get the yield to maturity one should use the redemption in 22 june 16 of 369.84p plus the further 3.7p so total 373.54p. Then work out the compound rate from then till the Oct 2022 over 6.35 years ie the 4.75% they say 483.7p is , is infact 4.15% from the 2016 maturity value 22 jun 2016 373.54p to 1 oct 2022 483.7p
hindsight
12/5/2015
10:23
damn the FCA and their risk aversion ;) HL has an arrangement with Equiniti that dividends are paid in sterling in such cases, probably the same for other large internet stock brokers.
insipiens
12/5/2015
10:12
Could be as the dividends are paid in US$ unless teh registrar is informed that a sterling payment is required and some of the internet brokers cannot be bothered to (or too difficult for them) to make the notifications. May also be that The funds described on this site are unregulated collective investment schemes, and the site is therefore only available to certain persons listed in the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001. These persons include: (a) high net worth corporate and other non-natural persons; and (b) certain investment professionals.
pugugly
12/5/2015
09:47
specialist? As in private equity...seems strange. TDW and HL allow it.
insipiens
12/5/2015
09:21
Quite a lot of the internet brokers do not allow investors to hold because of the specialist listing. HSBC Direct forced me to sell and Charles Stanley Direct will not allow me to add to my holding.
stevenlondon3
12/5/2015
08:39
Starting to reduce discout to nav with vield (subject to exchange rates) in the region of 4.8%. There will be an analyst and investor presentation to discuss JZCP's recent financial performance and portfolio developments at 11:30 UK time today at FTI Consulting, 200 Aldersgate, Aldersgate Street, London EC1A 4HD. It can be accessed by dialing +44 (0)20 3427 1917 (UK) or +1 718 971 5738 (US) with the participant access code 3705203. A playback facility will be available two hours after the conference call concludes. This facility may be accessed by dialing +44 (0)20 3427 0598 (UK) or +1 347 366 9565 (US) with the participant access code 3705203.
pugugly
11/3/2015
17:50
I hadn't heard of this one until I found this write up: hxxp://wertartcapital.com/2015/03/10/jz-capital-partners/ Interesting.
greasynut
21/7/2014
20:13
please see in news header below chart on top
jaws6
21/7/2014
18:42
Convertible loan stock prospectus announcement today. Interesting. Anyone got a copy of the prospectus please?
topvest
19/6/2014
15:48
some cross trades going at 443.5
jaws6
Chat Pages: 4  3  2  1
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