Jadestone Energy Share Discussion Threads

[hindsight] 16/10/2006 08:48

Well done ISA23, you called JSE spot on too
Keep the ideas coming

[isa23] 09/10/2006 15:54

Well it seems my recommendations have finally come good. Atls & ddc up by about %20 each since about one and a half months ago. Should have become a tipster!!!!!

[isa23] 21/8/2006 13:52

The Board of Jupiter Second Enhanced Income Trust PLC (the "Company") believes that it is in the best interests of
Shareholders for the Investment Manager to be able to invest on the Company's behalf in certain property related
investment companies which are listed or to be listed on the London Stock Exchange.

I take it to mean the likes of ddc & atls, as uk commercial prop ITs all look overpriced...

[hindsight] 31/7/2006 19:13

Thanks for the info ISA 123, I will have a look
One theme I am sure of going forward is that the wealth transfer going on will continue from west to east, establised to emerging economies, and the EU is only going to make this more certain

[isa23] 27/7/2006 16:00

for what it is worth, I am back in JSE. With recent rises in underlying assets (specially Shell & Bp), discount to NAV has widened to about 18-20% which is unjustified given a talented manager in charge, a handsome 6.7% divi and zeros more that adequately covered.
I have also come across another interesting eastern european property trust. Atlas Estates (atls) floated at 341p in April with an NAV of 318p. It has since dropped to as low as 245, before recovering to about 265. It plans to pay 3% divi in 2006, 5% in 2007 & 10% in 2008 (all based on the floatation price of 341!!!). Management has recently started a share buyback program given the rediculously cheap share price. Sounds a no-brainer to me.

[hindsight] 29/6/2006 10:01

Yes please do, should have done so myself

[isa23] 29/6/2006 09:57

Thanks Hindsight. I'll post this on ddc thread if you don't mind (with your permission of course)
Cheers

[hindsight] 28/6/2006 10:30

Good news for ddc



In addition, Poland's property market has had an excellent first half of the year. Word from the professionals on the ground indicates that prices have risen between 20% and 30% in 2006 so far, which would give tremendous return on capital for investors there who can buy with typically 20 or 30% deposit. Warsaw's property prices remain amongst the lowest in Europe and the introduction of major industry to the city is attracting an increasingly young and wealthy population.

[isa23] 23/6/2006 08:51

yea I think NAV is probably 95-100p, but is hard to tell as some of it is still cash and underlying assets have probably appreciated by now. I called them the other day & asked for the annual report so I can have a better picture of what they're up to. Sounds good. Dawney Day is a reputable manager, and management have a sizable interest in each of their property funds (same goes for dtr, though it is 12% higher than a few weeks ago!). Numis has a 137p price target for ddc.
For what it's worth, I've recently bought into eet & alph (France & Spanish commercial property) for the yield. Some of these Asian Equity IT's are also becomimg interesting (aaif in particular, which pays divi in Aug. yields around 5%).

[hindsight] 21/6/2006 12:27

Yep im watching ddc but still feel rising rates need time to play out on property
Make nav 97.9p, is that your view ?, so a 10% discount 90p would be a place to start adding a few for me
I see they are offshore with no corporation tax, very close to me, which I always go for as have had gains hurt by uk corporation tax in the past ie Regalian properties
Cheers H

[isa23] 03/6/2006 15:21

ddc up nearly 10% today!

[hindsight] 30/5/2006 12:58

Thanks ISA23
I will have a look at those, just wonder if rising euro % rates short term will hold them back

[isa23] 24/5/2006 12:27

PS. DTR is also worth a look if it gets below 1EUR

[isa23] 24/5/2006 12:26

Hi Hindsight. I will play such bargains through spreadbetting for now so as to minimise potential losses (mind you, VOD is depressed for a reason. I think free telephony etc...doesn't bode well for telecom stocks).
I am still mainly in cash/bonds waiting for the downside to run its course. I've taken profits on itwn (Taiwan)& ced, but have recently revisited itwn & ifff. One stock I have found REALLY interesting is ddc (Dawnay Day...). It invests in commercial property in East Europe, and pays 6p divi this yr rising to 10p next & thereafter. Concerns about interest rates etc, plus lack of new deals has pushed it to almost below NAV, whereas it is sitting on a huge cash pile & an 84.3m property portfolio. The 6.3% divi should support the price, but I'm happy to buy more on any further downside. Hope this one works out well too.

[hindsight] 24/5/2006 09:50

Hi ISA23, Vod back on the radar
looked at hs+ and the brokers forcast 10.5p for march 07 with a 5.4p div
take off the 10p due in July from Japanese sale and at 105 they yield just over 5% on a pe just under 10
if they were to get £20m nett of tax for Verizon
then that 33p per share so 105 becomes 72p
and as they get no profit from them the yield will rise to 7.5% and the pe fall to 7

[hindsight] 19/4/2006 11:46

Thanks for the reply ISA23, no apologies for delay needed, Im even worse :-(
Only stocks I like are those focused on energy at present that dont have space shuttle charts, XKO and GKP should report this month, XKO should be good with gas and electric prices flying and GKP is due some good news but not holding my breath

[isa23] 27/3/2006 11:32

Sorry for the delay. No I haven't got any yet. In fact I've sold out of Vod, too. Been very nervous of late. Cash, that's where I am in at the moment. And some itwn, ced, slxx, but mainly cash!!!

[hindsight] 16/3/2006 12:21

ISA23
Well Vod worked well, any new ideas ?
Cheers
H

[hindsight] 03/2/2006 10:34

ISA23
Thanks, I brought a few @ 120 thinking it had bottomed at 120p support, will buy again if they fall to 114p support and look to be base building

[isa23] 01/2/2006 16:50

I think Vodafone @ 116.75 can well and truly qualify as my next gem. It has a terrible looking chart at the moment and may well go lower, but at these levels the risk/reward ratio looks excellent. I guess Vodafone & BT today are where Barclays & HSBC (and also A&L) were back in October: unloved by the market, with decent divis & modest but rising growth in earnings. I have picked up some shares today, and will add more if it falls further. As usual, DYOR (and never act on tips alone)!!!!!

[hindsight] 29/1/2006 21:59

Thanks for the replies, will look into them Purse

[isa23] 27/1/2006 16:50

Also for your information, whenever I sell out of a stock it goes up by at least another 10%

[isa23] 27/1/2006 09:33

for your information I have sold out of jse for the moment as the discount has narrowed, I'll play it through jseu, which is a safer bet

[purse] 26/1/2006 16:33

I'm in both JSE & JSS. also rolled into the new JDT but its not performing. The new Invesco Recovery IPRT (again fron a roll over)no movement until yesterday then up.
Also Utilico shares UEM & UIL. Was in ECWC but pulled out too early still plenty of upside.
Also look at MEQC & MGHC as longer plays.

DYOR