JRP Group Share Discussion Threads

[fez77] 08/5/2017 15:18

Spoke too soon............!

[fez77] 08/5/2017 11:56

Well, it looks positive to me. The next step would be to clear 140. Also we have the div locked in.

[qs99] 08/5/2017 10:37

are we finally seeing a concerted effort to move ahead do you think? Graph looks decent....DYOR

[fez77] 05/5/2017 14:59

Who knows - but at least its moving in the right direction! Somewhat ironic that it waits until ex-div before going up!!

[qs99] 05/5/2017 08:39

yes two weeks judging from last year there was a trading update, may be same day as AGM? Maybe we will see some direction either way in the run up to that....GLA

[qs99] 05/5/2017 08:36

another false dawn? Or will we start to break £1.30 again and stay there? Can't be too long until the next update IMO?

[fez77] 03/5/2017 19:46

I'm not buying any more at present and until we see a rise - which I am modestly hopeful of!!!!

[18bt] 03/5/2017 17:25

Yes - I've followed this down a bit, but have more funds available below 120p

[qs99] 03/5/2017 13:13

Likewise....averaging down as looking at embedded value, there is IMO more yield in this.....let's seegla

[fez77] 03/5/2017 13:12

Very painful. I've been buying from about 150 downwards so am nursing quite a substantial loss, but hey, its only a paper loss and I have great faith in a recovery and eventual profit!!!!

[qs99] 03/5/2017 12:54

great thanks and yes looks too low, am holding on but painful watching!

[scrapheap] 03/5/2017 12:01

JRP should be worth more, says Numis

Retirement specialist JRP Group (JRP), which was formed of the merger between Just Retirement and Partnership, should be worth more, according to Numis.

Analyst Marcus Barnard retained his ‘buy’ recommendation and target price of 220p on the stock after full year results. The stock was trading flat at 124p at the time of writing.

He said the results gave much clearer guidance on how the company aims to balance the mix between growing new business, maintaining the capital base and paying dividends to shareholders.

‘We believe the current share price discount to embedded value is difficult to justify and provides investors an attractive level to increase holdings,’ he said.

‘The business should be worth more now than it was a year or 18 months ago, reflecting the merger, the cost synergies achieved, the growth in assets under management, the higher margins achieved, the growth in the embedded value, and the growing earnings per share profile.’

[fez77] 02/5/2017 11:07

Ex div on Thursday 4 May.

Today - Numis 02/05 Reiterates Buy 220.00p

[fez77] 25/4/2017 13:34

Final Div 2.4p, ex div on 4 May, that could push share price back over the 1.30 mark. However, still a long way to go to regain former glory - and also to reach brokers forecasts which range from 1.60 to 2.20. Latest is 2.20 from Numis. Bring it on!

[qs99] 25/4/2017 08:57

have we finally seen the back of any selling? a move above £1.30 again would be nice to see!

[salpara111] 21/4/2017 12:51

I guess the uncertainty and weak share price at present is a result of market nervousness about what the big pe holders with 39% of the company intend to do. They cannot do anything for 90 days so I guess it is wait and see until then.

[fez77] 19/4/2017 13:33

Ex div on 4 May - at least that's something to look forward to.

[qs99] 19/4/2017 12:41

yup, patience required....

[flagon] 19/4/2017 12:41

JLP don't normally give trading updates at the AGM ... so not expecting anything on 18th May this year.

However, they do issue Q1 & Q3 trading statements. The 1st quarter ended on 31st March so possibly a TS next month ? That being said there isn't anything scheduled for release looking at their financial calendar.

ATB

[qs99] 19/4/2017 12:07

well making some headway today, making up most of yesterday's losses. needs to break £1.30 IMO to start re-tracing convincingly....yield helps in meantime, but next RNS will set tone of direction for share price IMO....

GLA

[fez77] 18/4/2017 20:12

Sorry, no views or explanation. Just hanging on and gritting teeth!

[qs99] 18/4/2017 16:40

because of pe OVERHANG? Numbers, profit and yield all heading in right direction so presume it is just the potential overhang? Any other thoughts?

[rathkum] 18/4/2017 15:49

Seems like the shorts are in play on this one.

[qs99] 18/4/2017 14:35

and looking like a dead duck today! Blimey someone wants out it would appear, not massive volumes, but a big old move today. Any views / news on anything that has changed?