Jupiter Fund Management Share Discussion Threads

[jubberjim] 03/8/2022 14:31

At what stage does this become a value share ?

Still looking and increasingly tempted but will hold off until I see some good news

If I miss out is risk I am most comfortable with that as I will perceive risk to downside across wide range of chairs

Happy to be wrong a my d not invested than long and wrong as in march 2019

Good luck all but to me no heart in market

[rcturner2] 02/8/2022 19:16

It's a value trap and has been for a long time.

[kaffee] 02/8/2022 06:00

If they maintain 2nd half bias on earnings at the same rate as '21... they are still only going to put in figures of about 12p for the whole year on eps. (and they won't be anywhere near last year's figures imho)

That dividend must be at risk. Was on the watch list (because of yield and div cover) but I'm not sure if it still should be ?!

[sammu] 30/7/2022 00:27

Deferred performance fees are painful. Operating margin falls from 36% to 16%. Ouch

[sammu] 30/7/2022 00:24

The figure- they quote 19%, is clearly stated in between two tables which confirms that something like 2/3 was to do with the markets. It's not a secret.

[sammu] 30/7/2022 00:21

Wow such foresight - 124p+

[hjs] 29/7/2022 14:12

This will end at 117p or lower.

[keith95] 29/7/2022 13:06

Today's presentation would have been better, had Beesley been given the floor to make some comment about the future direction.

So there is no direction in the forseeable.

Poor.

[trident5] 29/7/2022 12:57

Did they manage to report their interims without mentioning Chrysalis, or did I just miss it?

[strutt12] 29/7/2022 12:40

Nice to see directors buying

[morgoth1] 29/7/2022 10:13

yes horrendus report much worse
than i was expecting took a hit
and got out quick

[flyer61] 29/7/2022 09:52

Well one things for sure the renumeration paid out has certainly enriched their employees.

Todays announcement struck me as some very sheepish people trying to quietly skulk away whislt taken their millions with them.

FCA investigation required given the price action earlier this week. Some people knew what was coming and acted accordingly....

[sbb1x] 29/7/2022 09:32

Wonder if this will fall under a quid

[keith95] 29/7/2022 08:17

Special dividend not paid in April would be my guess on keeping the dividend now. It will be cut going forward.

Jupiter needs to move into passive funds, crazy it has not done so already.

[linton5] 29/7/2022 08:00

6.2% divi at 128 will buy some if drops big

[cwa1] 29/7/2022 07:53

Slightly surprised that the dividend hasn't been "rebased" here and now

[lord gnome] 29/7/2022 07:19

Ouch! That’s bad. Clutching at straws to find anything positive in there. Clearly, Formica didn’t want to be the one to cut the dividend. He will leave that to his successor.

[rcturner2] 29/7/2022 07:07

So a 20% decline in AUM over the last six months. They can't even bring themselves to quote the figure in the results.

[flyer61] 27/7/2022 15:08

They will pay a divi because if they don't it would mean they are losing money. Whilst they are losing funds under management they will still be profitable. Hence a dividend will be forthcoming.

[g2theary] 27/7/2022 12:49

There's no way they will pay a dividend in this market IMO. I've averaged down this morning in the ISA for the long haul... I'll be surprised if it gets under 100p but anything is possible :) GLA

[morgoth1] 27/7/2022 12:29

plus a chance they will be taken out

[archy147] 27/7/2022 11:38

Yep buy yesterday looks to have been timed nicely (well for now it does anyway lol)

With such a huge yield and low PE the downside risk from this level doesn't seem very large. May buy a few more if it holds here.

[cwa1] 27/7/2022 08:48

There's no denying it, it was a very modest gamble buying in yesterday. Also agree it would probably be best waiting for the next update...but where's the fun in being sensible all the time ;-)

PS: Feel free to come back and quote me on that when the share price dives 50% on the Friday update :-/

[rcturner2] 27/7/2022 08:41

It's either a massive bargain or something is up here. Like LG I want to see the next set of figures first. If we get some massive dive in AUM say 25% that would explain it.

[lord gnome] 27/7/2022 07:42

Buying back in now is a gamble. I’ll wait for the update before I even think about it. The outlook statement is going to be key and I will want to see the market reaction first.
If the dividend still looks solid, then this might just be a bargain for the income portfolio. But I thought that at £2.32. Oops. Sold out again pretty smartly when I saw how it was going and the last dividend avoided a loss overall, but not an experience that I wish to repeat.