Jupiter Emerging & Front... Share Discussion Threads

[essentialinvestor] 10/11/2020 23:05

Catch 22 in a way. A larger fund size would help reduce % spread and may prompt more buying - higher demand for the equity likely reduces discount to NAV. They need a NAV premium to grow the fund (unless merged with something else). A large slice of benchmark outperformance might be required for JEFI to trade at a premium.

[andycapp1] 10/11/2020 22:52

If I could buy some at 83 odd I’d go for it. 85 is too much. I’ve already got a decent holding but might try for a few more. Not at 85 tho!

[essentialinvestor] 10/11/2020 16:48

Looked at this today but somewhere near 85 pence to buy, ٪ spread remains nasty atm.

[andycapp1] 10/11/2020 16:46

Mea culpa you’re right. I retract everything I thought or said. Thank you.

[spectoacc] 10/11/2020 14:33

More amusing was the post on the FT site asking what the problem was with -80, when we keep and transport ice cream and lollies at that temp. Someone pointed out to him it was Celsius that was required, not Fahrenheit ;)

[essentialinvestor] 10/11/2020 14:10

One of the few benefits of dyslexia- have to concentrate when reading. However I misread the temperature the Pfizer vaccine has to be stored at, - 70c, not - 17c ! )).

[spectoacc] 10/11/2020 14:03

How strange, you're right @EI - this morning's was an unnecessary re-release from days ago. And later today came the daily - c.94p, slightly over the 5% rise hoped for :)

[essentialinvestor] 10/11/2020 14:01

Andy, with respect you may have misresd that RNS. The earlier RNS is an October month end NAV.

[andycapp1] 10/11/2020 13:09

For the NAV to drop 5% today when it should have gone up 5% is terrible. What is Teverson doing? Hedging gone wrong or a stock collapsed?

[spectoacc] 10/11/2020 09:39

You'll get an opportunity in the tender, & suspect you won't be alone.

[andycapp1] 10/11/2020 09:36

Terrible NAV today. This is becoming one I just want to be rid of. Hmm.

[gopher] 05/11/2020 03:21

I have kept this on my watchlist since selling out in the tender offer. There is a marked underperformance in NAV compared with GSS and MMIT, the latter is up 15% since early June, whilst here NAV is unchanged. The Trust remains subscale and Jupiter are having problems in IT's generally

[davebowler] 22/10/2020 15:44

21 Oct NAV excluding current year income and expenses 90.17p including current year income and expenses 90.75p

[spectoacc] 27/8/2020 11:57

The NAV doesn't move much, but the share price sure does :)

[davebowler] 27/8/2020 11:00

26 Aug Net asset value per Ordinary share excluding current year income and expenses 87.90p including current year income and expenses 89.02p

[essentialinvestor] 09/8/2020 18:25

Yes, aware of BRFI, thanks.

[panshanger1] 09/8/2020 17:33

Have you been looking at BRFI Much tighter spread and decent value IMO

[essentialinvestor] 09/8/2020 11:48

Big drop in the bid price, still asking 81.99 on the offer. Lack of liquidity here is very unhelpful.

[essentialinvestor] 29/7/2020 17:03

Attempted to add today but was offered just under 83, May try again on a bad day, hopefully under 80.

[spectoacc] 21/7/2020 07:24

You'd think the two RSPs would talk to each other, but can currently buy at 82.0p, or sell at 82.0p.

[essentialinvestor] 16/7/2020 15:41

Am I misreading this, gearing appears to have dropped significantly?.

[gopher] 07/7/2020 19:19

Obviously I could just buy back in but realistically the out performance is coming from the gearing as much as the underlying quality of portfolio companies. I shall stick with Genesis and have joined you in MMIT after reading a positive write up elsewhere. My doubt here is the dividend yield, not that it won't be paid but is it a trade off for growth in the portfolio companies. I also don't fully support what I just did as a long term driver of returns,

[spectoacc] 02/7/2020 06:00

Thanks, interesting - I'd read it as the NAV at the time (c.83p), subject to various permutations of management decision. Must admit I'd probably have taken 88p.

[gopher] 01/7/2020 16:23

We had a discussion earlier this thread about this Trusts complicated annual redemption of shares via an offer to holders. Only 5% take up but the price is announced today as 88p payable in 2 weeks time. A profit of circa 5p per share based on today's buy price.