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JTC Jtc Plc

907.00
-11.00 (-1.20%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jtc Plc LSE:JTC London Ordinary Share JE00BF4X3P53 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.00 -1.20% 907.00 910.00 913.00 921.00 909.00 917.00 143,324 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 257.52M 21.38M 0.1291 70.72 1.51B
Jtc Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker JTC. The last closing price for Jtc was 918p. Over the last year, Jtc shares have traded in a share price range of 623.50p to 942.00p.

Jtc currently has 165,521,678 shares in issue. The market capitalisation of Jtc is £1.51 billion. Jtc has a price to earnings ratio (PE ratio) of 70.72.

Jtc Share Discussion Threads

Showing 92801 to 92810 of 92875 messages
Chat Pages: 3715  3714  3713  3712  3711  3710  3709  3708  3707  3706  3705  3704  Older
DateSubjectAuthorDiscuss
10/8/2021
22:50
Gang Of Masked Bandits Steals Another Few Trillion From Your Grandchildren
king humphrey
09/8/2021
23:00
Amala Foods:

Looking tasty, launching plant based meat alternative foods for rapidly growing Asian market, backed by serial entrepreneur Archi Rodriguez, could 100x bag.

sharetalk
09/8/2021
21:46
all leftists are lying scum...


Claims that White House Climate Envoy John Kerry arrived at Barack Obama’s birthday bash via a private jet have been denied by the State Department, despite a photo being published showing Kerry exiting the plane.





“Secretary Kerry lives on Martha’s Vineyard, he did not travel there for a party. He took a ferry to Martha’s Vineyard, he did not fly (commercial or private.),” said a spokesperson in an email.

However, the Daily Mail published a photo of Kerry disembarking from a private jet alongside the caption, “Presidential envoy for climate John Kerry took a private jet to the island of Martha’s Vineyard.”

king humphrey
08/8/2021
11:45
Joe Rogan warns vaccine passports take America 'one step closer' to dictatorship as outrage mob tries to cancel him again
king humphrey
06/8/2021
18:44
Biden thinks 350m Americans have been injected with the experimental covid vaccine, that's higher than the actual population
king humphrey
02/8/2021
07:39
Recommend you all look at Innovaderma (IDP), under new management who have been buying shares and could quickly 10x to 20x bag:
sharetalk
20/7/2021
09:15
Great Trading Update from Alpha Growth (ALGW) showing strong growth:




Alpha Growth PLC
19 July 2021
Trading Update Q2 2021

Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services specialist in the growing uncorrelated longevity asset class is very pleased to provide a trading update for Q2 2021.

Key Highlights for the quarter

-- Aggregate assets under control of the group have grown by circa $40m in the past quarter alone, increasing from $300m to circa $340m.

-- Providence Life Assurance Company (PLAC) has increased its balance sheet assets from $275m to over $308m, an increase of more than $33m.

-- The Black Oak Alpha Growth Fund has increased to circa $30m in assets, up from $22m at the beginning of the year and an increase of $4.5m in the past quarter alone.

-- A strategic relationship has been formed with Eaton Partners, a tier 1 capital introducer, to further accelerate growth in AUM. Eaton Partners have been instrumental in raising over $100bn in capital for funds since inception and are extremely well regarded in the industry.

-- Peter Gilman has been appointed as a special advisor to Alpha Growth. Peter is the former CEO and founder of Aegon Extraordinary Markets where he successfully built a business that generated revenues in excess of $2bn.

Alpha Growth has enjoyed an extremely strong first half of the year and continues to build upon its three main strategies; the following table outlines these strategies which have all been built around key client trends and market requirements.
/
Strategy: Separate Managed Accounts

As previously announced, the Company's discussions with one of the UK's largest and most prestigious asset managers to secure a short-term credit facility were almost concluded with the addition of direct asset investments by the asset manager, as well as the originally contemplated credit facility.

The UK asset manager to date has been working through internal underwriting and structuring issues which have delayed the approval for both the credit facility and direct asset purchase. We were anticipating a late April conclusion however the complexities of creating a framework for future additional investments by the asset manager, along with the challenges presented by Covid, have led to delays. Further announcements will be made in due course and we continue to work closely with them to ensure a successful conclusion.

The Company views its exercise with the UK asset manager as time well invested in developing its separate managed account strategy, this has increased the interest and exposure from other significant asset managers that we are now working with to offer a similar strategy to investors for similar asset purchase opportunities and/or credit facilities.

Alpha Growth is working with Eaton Partners, a tier 1 capital introducer and part of the global Stifel Financial Group, for introductions relating to separate managed accounts. This will substantially increase our marketing activity for this strategy and management expect that this will lead to significant growth.

The Company also continues to progress the Alpha Growth & Income (AGI) strategy, this strategy is a combination of life settlements and life contingent structured settlements hedged by a life insurance policy that is suitable for investors seeking cashflow and growth, funded in either a separate managed account or as a co-mingled fund with a minimum investment of $50 million. It is anticipated that this strategy will be complementary to PLAC's client base and separate managed account investors.

Strategy: The BlackOak Alpha Growth Fund

Further building upon the impressive growth rate of the BlackOak Alpha Growth Fund in the first quarter, the Fund closed the second quarter with circa $30 million in assets - An increase of $4.5m.

This significant increase has been driven by a combination of new investors, as well as additional contributions from existing investors. The 36% growth in net assets during the first 6 months of this year gives validation to this strategy and we expect to see continued strong growth through the remainder of this year and beyond.

With the additional contributions, the Fund has now in excess of 81 life settlements with a total face value of over $65 million and continues to add to the well diversified portfolio.

The Fund continues to grow its existing network of registered investment advisors who are the primary sources of the contributions.

Strategy: Providence Life Assurance Company Ltd.

The Directors continue to be pleased with the performance of its investment in Providence Life Assurance Company Ltd (PLAC). The acquisition and onboarding of the Company's Directors, Gobind Sahney and Jason Sutherland, is now complete and we are pleased to announce that the assets of PLAC as of the end of May 2021 totaled $308 million, this represents a significant increase from the previously reported $275 million.

As previously announced, we are planning to grow PLAC substantially by the execution of our build and buy strategy.

From a buy perspective, we continue to progress our strong pipeline of acquisition opportunities and will look forward to updating the market when appropriate.

From a build perspective, we continue to leverage PLAC's existing relationships with fund managers in the alternatives, fixed income, and equities space. We are very pleased to be working with fund managers from prestigious companies such as JP Morgan, Goldman Sachs, Coutts, Golub Capital, etc.

We are also pleased to name Peter Gilman as a special advisor to Alpha Growth. He is the founder and former CEO of AEGON's Extraordinary Markets, where he built a successful insurance business that generated annual revenues in excess of $2 billion dollars and contributed over $1 billion of embedded value to AEGON. He also developed various international strategies and HNW businesses that generated several billion dollars of revenue. We are looking forward to working closely with Peter in accelerating the growth of PLAC as well as bringing new strategies to Alpha.

Prospectus

The Company is working with its legal and accounting advisors to seek to meet the prospectus requirements against the background of an acquisition of an insurance group that has previously presented financial statements in line with Bermuda regulatory requirements but not the IFRS accounting standard which the Company adheres to. This entails liaising with the FCA as well as seeking additional accounting advice and may possibly require some additional updating of the insurance company's accounts. We appreciate the patience of our shareholders whilst we work through these issues.

We would like to clarify that the Company's closing of the transaction with the seller of Providence was originally conditional on the FCA approving the Prospectus, along with required Bermuda regulatory approvals. Once the Bermuda regulatory approvals were received, the seller wished to close and in conference with Pello, the Company's broker, the placing was completed as announced. The placing agreement was conditional on the shareholder approval at the Company's annual general meeting to issue new shares, and the Placing Shares were issued on 15 March 2021 as stated in our announcement on 8 March 2021. The issue of the Placing Shares was not specifically conditional on the publication of the Prospectus.

Once the FCA approves the Prospectus, the shares will be admitted for trading on the standard list of the London Stock Exchange as previously stated. A further announcement will be made once the Prospectus has been published.

Chairman Statement

Gobind Sahney, Alpha Growth Executive Chairman, stated, "We have enjoyed another very strong quarter of growth across our business and we are incredibly excited about some of the opportunities that the group has in the second half of this year.

Despite Covid naturally delaying some decision making, we have achieved market leading growth and remain extremely confident in the prospects of the group."

Gobind continued, "We are very pleased to welcome Peter Gilman as a special advisor to Alpha Growth and look forward to working with him as we accelerate our growth plans. We are also looking forward to working with Eaton Partners as we continue to deliver upon our goal of creating a substantial and fast-growing financial services company."

The key focus areas going forward are:

-- Increase assets across the group
-- Execute our build and buy strategy
-- Expand and grow all strategies
-- Seek new opportunities to meet client driven demand
-- Add specialized skill sets to the team

More information will be shared by the Company in due course.

tell sid
19/7/2021
14:25
Was thinking more about the behaviour of the EU and the Referendum losers prior to and following the Brexit vote!

Project Fear fear on Steroids broadcast 24/7 by the taxpayer funded Brussels Broadcasting Corporation proved to be nothing more than outrageous propaganda that would have put a smile on Goebbels face - fortunately, the ever canny electorate saw straight through it and gave the nauseatingly disingenuous Establishment and Political Class the bloody nose they richly deserved via the largest democratic vote in our history!

mount teide
19/7/2021
14:02
"We were absolutely right to vote to leave"

......you need to repeat it for your reassurance?!!!!!! ;))

alphorn
19/7/2021
13:48
‘Our sovereignty has been taken away by the European Court of Justice. It has made many decisions impinging on our statute law and says that we are to obey its decisions instead of our own...law...It has put on the Treaty an interpretation according to its own views of policy...the European Court has held all European directives are binding within each of the European countries; and must be enforced by the national courts; even though they are contrary to our national law...No longer is European law an incoming tide flowing up the estuaries of England. It is now like a tidal wave bringing down our sea walls and flowing inland over our fields and houses – to the dismay of all’. Lord Denning


"EU law has supremacy over national law" ?

Not one person, or any country in Europe was given the opportunity to vote for the EU taking supremacy over their constitutions and law making.

That is reason enough to leave the EU control freak club as we have done.

The rest of the member states need to demand that the legal powers the EU has stolen from them by deception and stealth are returned to the people of the member states on the grounds that the people were never given a vote on the EU Dictatorship taking their legal rights and law making powers without consent.

The consent of each nation's nauseatingly disingenuous, self serving politicians signing away the rights of their people is not the consent of the people. It is in fact treason.

We were absolutely right to vote to leave...........and will not be going back.

mount teide
Chat Pages: 3715  3714  3713  3712  3711  3710  3709  3708  3707  3706  3705  3704  Older