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ZPG Zpg

490.40
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
ZPG Investors - ZPG

ZPG Investors - ZPG

Share Name Share Symbol Market Stock Type
Zpg ZPG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 490.40 01:00:00
Open Price Low Price High Price Close Price Previous Close
490.40 490.40
more quote information »

Top Investor Posts

Top Posts
Posted at 15/3/2007 13:49 by poacher45
I am still hopeful that the maturities will help to keep the value up. I notice in the interim results they have allowed for £70,000 towards the investment managers final 12% bonus.
I am also wondering where they have invested the money from Investors Capital which wound up at the end of Feb.
Posted at 27/10/2006 22:11 by poacher45
Think your figures are a little out.
Fund 30/06/06
Exeter 10.27
Investors Cap 8.8
N.S.F 7.7
Blue Chip 6.9
Recovery 4.5
Premier Absolute 2.4
Premium Trust 1.6
Premier UK Dual 1.2
Martin Currie Inc1.2
Mat by Dec 2007 44.57
Posted at 21/9/2006 11:06 by glynnef
THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values, including current
period revenue, at 19 September 2006 were:

per Ordinary unit 67.45p

per Growth share 7.46p

per Zero Dividend Preference share 59.99p

Gross assets less current liabilities £16.02m

As I see it, the company now has sufficient assets to repay the ZDP holders in full, with about £100K to spare. They need to add about £1.2M to the £16M portfolio over the next 22 months to cover the current share price of ZPG. Should be easily achieved. Will be clearer after repayment of the Exeter Securities zero (30Nov06) and Investors Capital zero (28Feb07) are repaid, as they are about 19% of the portfolio.

regards,
GF.
Posted at 27/1/2006 13:24 by soysoy
Think-tank predicts 15% growth in FTSE all-share
By Gabriel Rozenberg, Economics Reporter

THE FTSE all-share index is set to rise by 15 per cent this year, giving investors another boom year, a leading economics think-tank said yesterday.
The National Institute of Economic and Social Research also forecast that next year the index would match its record high of 3,266 points, which it hit in 2000 at the height of the dot-com boom, as the economy regains momentum.
Posted at 14/1/2006 16:50 by tiraider
Probably! Another bullish on the FTSE though. Not too many bears around at the moment is there?

I think the market is starting to discount lower interest rates. If so, some of the large caps are still yielding 4-5% - that will be quite attractive to investors if interest rates fall to below 4%, as they could do next year.

In '05 you could get 5.5%+ (at times) on 3 yr fixed. You're lucky to get anything over 5.00 now, 4.75 being the norm.

Bodes well for the market.
Posted at 14/1/2006 11:15 by tiraider
A-rated Whittaker expects Footsie to hit 6,500 by end of 2006

Published: 12:59 Friday 13 January 2006
By: Laurence Fletcher, Deputy Funds Editor

New Star fund manager and joint chief investment officer Stephen Whittaker believes the Footsie still looks cheap and should finish the year between 6,000 and 6,500.

Whittaker, who manages the £332.5 million New Star UK Growth fund and who is A-rated by Citywire for his good risk-adjusted performance, believes the FTSE 100 can extend its strong run to end the year well above the 6,000 mark.

He said: 'The market is looking cheaper than in the past decade or so, despite going up to 5,700. This year it's on 12.5 times earnings, which in absolute and relative terms looks fairly cheap. Most companies are meeting or beating expectations – it's over 90%, which is a pretty healthy position to be in.'

'The UK deserves a higher rating as it's had a stable economy for some time. It's still trading near historic lows relative to gilts.

'By the end of 2006 I think the FTSE will be well over 6,000 – somewhere between 6,000 and 6,500. This would be the fourth year of double digit growth.

Whittaker, who took over New Star UK Growth in 2002 after being poached from Invesco Perpetual, picks out several factors as being supportive to the stockmarket.

'The high free cashflow yield – which is what's left over for distribution after capex, depreciation and servicing debt – is driving the market.

'A lot of bid money will return to the market in the first quarter, which is a point a lot of investors have not appreciated. The combination of share buybacks and M&A [merger and acquisition] activity is leading to the de-equitisation of the UK equity market.'

'Also, UK money supply is growing ahead of GDP, and this has to find an "earth". This has been bonds and property, but as these markets mature, the money should go to equities and I don't think we've seen that yet.'

Whittaker added that potential causes for concern, such as the high oil and house prices, did not unduly worry him.

'I'm not particularly worried about the oil price at these levels, as it's more likely to come down rather than go higher. The housing market is stable and unlikely to show any form of collapse, although I don't think there'll be much inflation there.'

Over the past three years New Star UK Growth has risen 95.82%, beating an average 66.17% gain among UK All Companies funds and a 66.44% rise in the FTSE All-Share index.

The fund's top 10 holdings are Royal Bank of Scotland (RBS) at 4.15%, Barclays (BARC) at 3.52%, BAE Systems (BA.), HBOS (HBOS), Sportingbet (SBT), Laing (LNGO), Lloyds TSB (LLOY), Corus Group (CS.), Barratt Developments (BDEV) and Rolls-Royce (RR.) at 2.06%
Posted at 17/8/2005 16:03 by tiraider
Only joking about selling (I hold considerably more than 3000).

As I posted about a year ago to you on the splits thread, I treat ZPG as a long dated option. There's still 3 years to go and like most investors I look forwards and at trends. You rubbished my logic then yet ZPG increased by 300%.

The NAV has grown at a heady pace since reconstruction in July 04. From 0p to nearly 8p.

That trend is still in place, thus the probability is that there will be a payout at a substantial premium to todays price, as long as the trend continues.

It would be appreciated if you would reserve your patronising comments for other posters and threads.
rgds
tr
Posted at 03/3/2005 13:42 by soysoy
Preference Growth Trust PLC

In accordance with UKLA Listing Rule 21.20(l)(i), the following list represents
the Company's investments, as at 28 February 2005, in other UK listed
investment companies (including investment trusts) which themselves do not have
a stated investment policy to invest no more than 15% of their gross assets in
other UK listed investment companies (including investment trusts):

Name of company Class of Share

BFS Equity & Income Bond Zero dividend preference

BFS Income & Growth Zero coupon preference

BFS Managed Properties Zero dividend preference

BFS UK Dual Return Zero dividend preference

Britannic Global Income Securities Zero dividend preference

Enhanced Zero Ordinary

Exeter Selective Assets Ordinary

Investec High Income Zero dividend preference

LeggMason Investors Income & Growth Zero dividend preference

Quarterly High Income Zero dividend preference




END
Posted at 21/2/2005 21:58 by tiltonboy
soysoy,

When I buy a share I try to focus on the negatives, because I am looking to minimise my mistakes.

I often miss out on opportunities based on momentum because I rely on fundamentals, but I would rather be in a company where I can be happy even if the short term performance is downwards.

The problem with momentum is that it brings with it investors who follow it, rather than follow or understand the company. Momentum also stops and turns at some stage, but as long as you get on and off at the right time you will do okay.

I do not profess to know where the share price will go in the short term, though up seems to be favourite, but what I do know is the difficulty in achieving the necessary growth to give the Growth shares value in the long term.

tiltonboy
Posted at 20/2/2005 10:44 by tiraider
tiltonboy;

Thanks for your reply. You have valid concerns (not dissimilar to my own I might add).

Last year (I think most people will agree) saw the bottom of the zeros market. ZPG was reconstructed at just the right time and took advantage of the irrational low valuations. This has given it a springboard effect - hopefully powerful enough to overcome the hurdles ahead (that you have rightly pointed out).

Ref your purchase of the Units, it's quite odd, because I nearly suggested in my previous post that less risk averse investors should consider the units or even the ZDPs for a better balance. There's no doubt that the ZPGs are high risk.

As NAVs rise and the picture becomes clearer, the risk level will decrease and so the ZPG price will rise to reflect the decreased risk. There's 3.5 years to go yet so time is on its side.

My own investment stategy is to buy / sell based on charts. ZPG is currently in this strong upward price channel. It has broken through 3.5 resistance during the week (that level now becomes support). There's further resistance at 4.5 and 5.0. After that we have to look further ahead to the 10 - 11p range. Currently it doesn't look like any resistance level will stop it, (but things can quickly change as we all know).
The chart is taking on the form of a rounded bottom - a particularly bullish pattern.

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