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JLEN Jlen Environmental Assets Group Limited

93.70
2.00 (2.18%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jlen Environmental Assets Group Limited LSE:JLEN London Ordinary Share GG00BJL5FH87 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 2.18% 93.70 93.60 94.60 94.60 91.80 92.00 1,182,415 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 108.45M 98.3M 0.1486 6.37 625.81M
Jlen Environmental Assets Group Limited is listed in the Investment Advice sector of the London Stock Exchange with ticker JLEN. The last closing price for Jlen Environmental Assets was 91.70p. Over the last year, Jlen Environmental Assets shares have traded in a share price range of 83.80p to 122.80p.

Jlen Environmental Assets currently has 661,531,229 shares in issue. The market capitalisation of Jlen Environmental Assets is £625.81 million. Jlen Environmental Assets has a price to earnings ratio (PE ratio) of 6.37.

Jlen Environmental Assets Share Discussion Threads

Showing 126 to 148 of 700 messages
Chat Pages: Latest  16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
08/3/2019
14:55
Worth bearing in mind too, that for all the companies mentioned, there is no Stamp Duty to pay. Which is an added saving.
gateside
08/3/2019
14:51
CHC15, Have a look at the discussions on BSIF, FSFL, NESF, TRIG and UKW as well and see which you think is the best value. They all give much the same income and are all Green Infrastructure Funds. TRIG is about to do an offer at 114 and you could try to buy into that without any charges.
a0002577
08/3/2019
14:24
Yes thanks, I'll monitor, as looking to buy in for the income.
chc15
08/3/2019
13:39
Well, CHC15, could be that they have too much invested in associated companies or it could be that, like me, they think it is overvalued at current prices - or it could be they think there will be another share issue to buy more anaerobic digesters.

It could also be that the prospect of an upcoming dividend is supporting the current share price and it will fall more when it goes ex-div next week.

I like this company and hoping to buy back in - but not at current prices.

a0002577
08/3/2019
11:39
Wonder why they selling out, goes ex div next Thurs, worth a punt for that?
chc15
08/3/2019
09:53
See that Laing pension fund is baling out of these - putting all of its substantial holding (22 million shares)up for sale. see

Seems to have knocked the price this morning

I baled out of these and into BSIF recently as I thought JLEN was overvalued and due another share issuance. Not sorry I did this.

a0002577
08/3/2019
05:36
Some renewable energy funds have been revaluing their wind assets on the basis of longer-lasting turbines (TRIG and, I think, UKW). An extra five years life has improved their NAVs by a few pence.

Can't think of any other reasons.

jonwig
07/3/2019
20:22
ex div on 14th march, divi 1.63.
not sure why share is riding quite so high at the moment, thoughts ?

pjw956
01/3/2019
19:31
nerjaThanks for the dividend info.
gateside
01/3/2019
18:48
Gateside got my reply back , so fair play to them,


The next dividend is expected to be paid on 29 March. There will be a declaration of interim dividend on 7th March.

nerja
01/3/2019
07:28
I went to sitemap on their website.Under shareholder information, in the investor relations section.They have a financial calendar for all of 2019 hidden away!
gateside
01/3/2019
07:01
Gateside, how the hell did you find that ? well done I looked I could not find it ,I even sent an email request, no reply mind.
nerja
01/3/2019
06:32
Found it, hidden somewhere on their website.7th March. Update on Net Asset Value and dividend deceleration
gateside
28/2/2019
13:33
Most companies have a detailed Financial Calendar on their website.JLEN don't, which is not helpful to investors and poor PR on their part.
gateside
28/2/2019
09:43
Still no divi news?
nerja
07/2/2019
10:55
I suspect they are shifting the next dividend payment into March so as to follow a more even quarterly pattern, in which case, declaration will likely be mid to late Feb.
scallywagkid
07/2/2019
07:11
Last year net asset value and dividend deceleration were made on 23 January and year before they were on 17 January.So surprised no news from company so far this year.No planned date is mentioned on their website either.
gateside
06/2/2019
10:36
Usually the Feb Dividend has been announced by now, Seems late?
noiseboy
10/12/2018
16:34
Thanks for the pointer to The Global Sustainability Trust IPO - I don't think I am in for this one for two reasons a) new issues often go to a discount and b) you don't get much of a dividend in the first year. So better to wait. Besides I took part in the A J Bell IPO and don't want to sell any just yet.

kind regards - A00

a0002577
10/12/2018
11:07
Tipped in the current IC. They give as reasons - the high yield (6.2%), small premium to NAV (6.1%) and it's defensive nature as a 'diversifier' thus:

"The trust has been managed by Chris Tanner since launch in 2014, and since the share price total return has hit 37 per cent. This may not sound as glamorous as returns on offer in stock markets, but diversifiers such as JLEN should be judged on their ability to protect capital when markets go south and how correlated they are to other asset classes."

Better methinks than the Prefs people get excited by.

a0002577
26/11/2018
16:30
A000 ... - you're well-organised. I try to be then fail by keeping everything in my head. That, though, is getting older and less reliable.

From the presentation pages, I think JLEN's standout point is AD, and the potential growth is considerable: p21 for example. My only related investment are much larger ones in TRIG and JLG.

jonwig
26/11/2018
11:36
Good Morning, Jonwig

The comments by the "boss of JLG" - and your added comments - largely coincide with my thoughts - and thanks for putting them down so clearly.

Do I ever lose a dividend when I switch? Very rarely and not unless I make a deliberate decision to do so - for example if one fund announces a surprise fund raise then I will sell almost immediately - and buy back when the price drops close to the fund raising price. More often than not I get an 'extra' dividend

Otherwise I look to my spread sheet which has yields, bid offer prices, dividend amount and the ex-div and payment dates against each share I am interested in.

This data is then fed into a little macro which calculates what I will get (no of shares and next dividend, and whether this will increase the income to the portfolio or not).

I made a switch out of NESF this morning which will increase the portfolio yield by a little - but also allows me to add a few £s (from dividends and usually in the high hundreds) to the purchase thus saving trading costs.

I usually find that my broker buys within the spread so the actual switch gets me more shares than the macro shows.

If I am planning a swirch close to ex-div day I will try to do it on the actual ex div day (the Thurday) just as the market opens as sometimes (say 1 in 3) you can get yesterday's price very first thing.

a0002577
25/11/2018
17:15
OK, thanks for both posts today.

As I said, I was put into this by a broker who has a discretionary mandate over some funds, and I am happy to trust them. And fairly wobble-free over Oct-Nov is a plus!.

Discount rate - the boss of JLG said once (in a conference call) that these infra funds watch each others' discount rates very closely and certainly don't apply purely objective criteria. JLG of course manages this fund (via JLCM) and also managed JLIF which was bought for a big premium to its published NAV. (Also HICL has been selling assets at a premium.)

Obviously PFI funds shouldn't be compared directly with JLEN and similar, but I sense there's a lot of conservative valuation going on here with a discount rate rather higher than they could have chosen.

A000... - do you ever lose a dividend when you switch?

jonwig
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