Jupiter Emerging & Front... Share Discussion Threads

[davebowler] 14/1/2021 11:49

The Company announces the following unaudited NAV estimates as at 12 January 2021:


including current year income and expenses 109.30p

[davebowler] 13/1/2021 09:38

See section 25 by John Hardy of Saxo Bank -

[essentialinvestor] 08/1/2021 16:23

Added to AAIF yesterday instead as when I could finally get an online price

the offer was @ £1.03.

[spectoacc] 08/1/2021 11:22

You may have missed the bottom, but still good timing the other day - it's finally getting a head of steam.

[essentialinvestor] 07/1/2021 13:30

Can't buy any online on my platform.

Tried a limit order Buy at just over £1 and no takers.

[essentialinvestor] 07/1/2021 08:35

Might this trade above NAV again?,

I rate the Manger here

Looks rather cheap to me if markets trade around current levels

and the dividend income another attraction.

Redemption option @ around NAV may be an option again this year.


These are annually reemable shares, BOD decision allowing.

[spectoacc] 06/1/2021 09:15

Good luck :) Next annual redemption tender would be in June. Announced 1st of May last year - so only 4 months away. Hopefully a weaker $ gives the NAV a tailwind regardless of anything, and the opportunity to book a good gain at above the market in June.

[essentialinvestor] 05/1/2021 20:09

As mentioned on the SHA board earlier, added 10k this morning @ 97.99,
in the afternoon I could only get hold of 1,500 share lots at 98.

Kicking myself not adding at around 80 pence, hey ho.

[spectoacc] 05/1/2021 15:30

Persistently trailing NAV by c.10p, but at least NAV is doing the business now.

[essentialinvestor] 05/12/2020 16:13

ruing my hesitancy at not buying nezr 80 pence now, oh well etc.

[davebowler] 01/12/2020 13:50

30 Nov Net asset value per Ordinary share excluding current year income and expenses 96.17p
including current year income and expenses 97.09p

[davebowler] 26/11/2020 14:43

25 November 2020:


Total Assets excluding current year income and expenses GBP84.040 million
including current year income and expenses GBP84.728 million
Net asset value per Ordinary share excluding current year income and expenses 98.33p
including current year income and expenses 99.14p

[spectoacc] 19/11/2020 13:09

Been a long wait, but finally seem to be performing - wonder if NAV getting over par soon will be the kick the share price needs.

[davebowler] 19/11/2020 11:14

19 November 2020

The Company announces the following unaudited estimates as at Valuation 18 November 2020:


Total Assets excluding current year income and expenses GBP83.431 million
including current year income and expenses GBP84.106 million
Net asset value per Ordinary share excluding current year income and expenses 97.62p
including current year income and expenses 98.41p

[essentialinvestor] 16/11/2020 13:29

Should have bought a few more ASEI last week!.

[essentialinvestor] 13/11/2020 15:54

Spec, ASEI, might, stress on might be worth watching.

It's been an abysmal multi year performer, but holds a portfolio
geared towards cyclicals- as opposed to the highly rated consumer discretionary, ULVR, DGE etc.

Particularly if we manage to exit the transition period with a deal.

* apologies off topic.

[spectoacc] 13/11/2020 14:56

Good work @EI. JEFI bound to be available under the midpoint again eventually.

[essentialinvestor] 13/11/2020 14:46

* apologies for the typos, I require reading glasses and have delayed the
inevitable.

Out of BRFI this morning, increased my AAIF holding, which was available at just
over 2.02 early doors.

A tad fortunate on BRFI, a media tip just following my purchase.


Will keep JEFI on a watchlist.

[essentialinvestor] 12/11/2020 14:25

I'm also mindful that on any even skinny Brexit deal.

GBP is possible Up around 5-7٪ against a range of currencies,

so current NAV discounts would look far less generous on thst outcome.

[spectoacc] 12/11/2020 14:23

I'm a long-term holder of AAIF :)

Agree re spread etc on JEFI, is only worth buying when can get well inside, ideally nearer bid than offer.

[essentialinvestor] 12/11/2020 14:22

spec, you prompted me to have another look,

but as tge offer is now close to 86, I've gone for a few AAIF instead.

[spectoacc] 12/11/2020 12:08

c.96p NAV, I say this is cheap :)

BRFI not on a large enough discount, & JEFI has its own baked-in tenders.

[essentialinvestor] 11/11/2020 12:27

BRFI have a possible tender offer early new year.

Given the current % spread here and difficulty dealing in quantity,

BRFI looks the better investment at this point.

[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.