Jpel Private Equity Share Discussion Threads

[spectoacc] 31/12/2019 19:21

I bloody hope so - still a strong market for realisations, & they've always been conservative in NAV calculation.

Easier to hang on & wait when share price is rising tho ;)

[tiltonboy] 31/12/2019 19:14

They need another major disposal, but the fear is that the easy stuff has been sold, and can they achieve value for what's left

[spectoacc] 31/12/2019 19:11

JPEL been on a long drift down - wonder what 2020 has in store...

[alanji] 01/11/2019 09:57

Credited yesterday A J Bell.

[bscuit] 01/11/2019 09:10

Cleared yesterday

[spectoacc] 01/11/2019 08:11

Still no adjustment here, hopefully today.

[bscuit] 30/10/2019 17:00

Mine was in my account pending clearance yesterday.

[spectoacc] 30/10/2019 16:00

Payment tomorrow I hope, Selftrade maul my a/c until it's made (listing both full JPEL holding and new, ex-redemption holding, when clearly I only own one):

"Payments of redemption proceeds are expected to be effected either through CREST (in the case of shares held in uncertificated form) or by cheque (in the case of shares held in certificated form) on or around 31 October 2019"

[spectoacc] 14/10/2019 14:39

Not sure I can easily square "...Strong level of realisations from its underlying portfolio..." with the lacklustre NAVs recently, $1.72, $1.72, $1.70 being the last 3 reported.

If it's realisations at NAV, doesn't seem too much to get excited about - we get back a mandatory 20% but the remaining 80% becomes more concentrated & all things being equal, little has changed.

Stronger £ not helping either.

But agree it ought to be worth a couple of cents tick-up.

[skyship] 14/10/2019 13:33

Perhaps surprising that no share price response to the upcoming 20% redemption at 170c.

[spectoacc] 11/9/2019 06:00

Might be wrong (3 words that usually precede actually being wrong) but isn't the JPEL NAV only rarely adjusted? ie mostly it stays stable, and every now and then something happens with an investee company to cause a tweak up or down, but generally valued conservatively and so far always risen strongly on exits.

Remain a holder here, but weak £ does sometimes make me think about exiting.

[skyship] 10/9/2019 16:25

June NAV down again @ 170c. Personally I'm out; but one has to wonder just what is going on here...

[skyship] 17/5/2019 15:45

I wonder if JPEL actually makes a monthly calculation or just sticks by the previous month's!

[alanji] 23/1/2019 17:23

I have not yet had the proceeds credited to my accounts with AJ Bell although a foreign transaction fee has been charged. I have sent a message.

[budsman] 23/1/2019 14:10

Have now received the payment and have also reinvested that along with a bit more!

[skyship] 23/1/2019 14:05

Create a fuss, as I had to do with YouInvest this morning. They just had to update their systems and re-download the absurd KIDs statement, though I know not why!

[nk104] 23/1/2019 12:22

I've had the payout through today, though supposedly the shares are not tradeable. I do not believe this.

[skyship] 23/1/2019 09:03

Cash rec'd. A useful 9.44% redemption @ the NAV of $1.78.

Have bought back the redeemed stock, with a few more on top.

[skyship] 22/1/2019 20:50

No cash from YouInvest yet - though a/c shows redemption rate

[bscuit] 22/1/2019 19:01

I had mine early 2 weeks ago

[budsman] 22/1/2019 17:20

No sign of funds yet in my Selftrade account - normally credited on the date
intimated by the investee company.

[budsman] 22/1/2019 17:20

No sign of funds yet in my Selftrade account - normally credited on the date
intimated by the investee company.

[nk104] 14/1/2019 15:06

Thanks very much.

[budsman] 14/1/2019 14:47

Payment due "on or around 21 January 2019"