Juridica Share Discussion Threads

[m1das_touch] 19/12/2013 16:52

Certainly do agree envirovision...I also use Juridica as a helpful diversifier away from broader equities, as the share price performance seems to have very little correlation with the general market.

There are stock-specific risks, of course, but this investment has done me very well over the last couple of years, one of the best performers in my SIPP and love collecting the big fat yield every year as well as seeing capital appreciation.

[tom111] 19/12/2013 16:45

I noticed a buy go through at 1.40 today with 177000 shares purchased,odd

[envirovision] 19/12/2013 16:28

With no stamp duty on these its probably even the more attractive to Top slice rather than wait for the divi. I have tucked a few away today myself at the current price, looked fairly tempting on a possible forward yield exceeding 10% and further room for capital growth, don't you agree?

Also I see the 177,000 sized trade reported at £1.40 and the exchange reporting there's a bargain attached to it though not sure if its significant.

[m1das_touch] 19/12/2013 16:16

Thanks speedsgh - I'm aware of the major shareholders list on the website and here, just hadn't noted before that BG owned so much of the company.

In my view the recent weakness is simply due to the share going ex-div and short-term holders bailing out knowing that they've banked the dividend and willing to wait for a suitable re-entry point in due course.

I top-sliced my holding at 156p prior to the ex-div date, and have now bought them back at 127, effectively banking the dividend in advance and then taking advantage of the post-div sell-off by getting back in 29p cheaper. It seems to work every year with Juridica because of the huge annual dividend.

[speedsgh] 19/12/2013 16:01

M1das_Touch - for major shareholders see

Interesting to note Invesco's stake. Might recent weakness be part due to them reducing their stake due to redemptions caused by Neil Woodford's impending departure?

EDIT - I note an up-to-date list of major shareholders is also in the header.

[m1das_touch] 19/12/2013 15:42

I didn't realise that Baillie Gifford hold a nearly 16% stake in Jurdica. I think this announcement is purely technical - reporting a very slight reduction in their percentage holding from just over 16% to just under 16%, probably due to the recent sale of treasury shares which has increased the overall shares in issue.

Anyway BG are a canny outfit and usually invest for the long-term in most of their funds and investment trusts.

[tom111] 19/12/2013 14:26

No chance PORTSIDE these will be 1.60 by then sorry pal u will have missed the boat lol PS looks as if its about to take off

[speedsgh] 19/12/2013 14:22

tom111 - 18 Dec'13 - 12:58 - 351 of 352 0 0
"Nice to see the share price settle down, hopefully it will start to recover after a disasterous week"

Hardly disastrous. Investors have banked entitlement to the 14p div in Jan 2013 which accounts for the majority of the drop since xd. Price had probably got a bit ahead of itself anyway prior to xd due to being chased by income seekers. Those who waited for xd have probably since been exiting as they can't be bothered to wait another 12 months for the next div so there has been a bit of a stampede for the door. Imo it's a good buying opp if you're willing to take a slightly longer term view.

[portside1] 19/12/2013 14:17

can you keep these down till mid feb thanks

[tom111] 19/12/2013 14:13

Blue today,must be a mirage

[tom111] 18/12/2013 12:58

Nice to see the share price settle down, hopefully it will start to recover after a disasterous week

[tom111] 17/12/2013 17:43

At least it stopped dropping today seems to have been a lot of sellers someone must be picking them up

[tom111] 16/12/2013 16:46

Im not arguing im tell u my buy was shown as a sell at Halifax

[jonwig] 16/12/2013 16:42

Don't, please, argue about whether it's a B or a S ... the LSE does not report publicly the direction of trades, it's simply that outfits such as ADVFN have software which classifies them according to whether above or below mid=price.

In any case, *all* trades are both B and S, and need not go onto market-maker books in the process. (For example, the 6.1m placed from treasury.)

[tom111] 16/12/2013 16:30

bought some more at 1.265 shown as a sell,very misleading for nervous investors

[tom111] 16/12/2013 14:25

Checked on Halifax share dealing M1das no buys recorded,i think your theory is right,could have an adverse effect

[m1das_touch] 16/12/2013 14:21

Some of them are definitely buys tom111 - I picked some up at the bid price, so obviously ADVFN will assume it's a sell. I suspect that someone is offloading a large position here, price will settle down eventually I'm sure.

[tom111] 16/12/2013 14:14

Amazing cant see one single buy,all sells

[speedsgh] 16/12/2013 13:11

Pillion - 16 Dec'13 - 12:57 - 340 of 341 0 0
In this calendar year JIL has paid out 27 pence in dividends
==================================
Pillion - Using the advfn data taken from your link...

30 Oct 2013 - Special - GBX 4.00 - payment date 15/01/2014
19 Aug 2013 - Interim - GBX 10.00 - payment date 15/01/2014
15 Mar 2013 - Final - GBX 13.00 - payment date 04/01/2013

So that is 13p paid on 13/1/2013. And 14p to be paid on 15/1/2014. That does not equate to "In this calendar year JIL has paid out 27 pence in dividends". However 27p has been paid OR ANNOUNCED in 2013.

[casino444] 16/12/2013 13:10

Maybe a bit of tree shaking going on here

[pillion] 16/12/2013 13:03

The Company expects that its Antitrust portfolio will produce significant returns to shareholders over the next 18 months

[pillion] 16/12/2013 12:57

In this calendar year JIL has paid out 27 pence in dividends

[m1das_touch] 16/12/2013 10:01

Agree, the post-dividend sell-off has been overdone. I think they were looking fully valued at 155p, but now looking good value again even taking account of them selling ex the 14p dividend.

I just topped up in my SIPP, having top-sliced prior to the ex-div date. Was offered some at the bid price and very happy to take them!

[tom111] 16/12/2013 09:25

Looks to be oversold here,guess we will have a long to wait for the next update to get moving up again.I can wait

[portside1] 16/12/2013 08:43

take a look at GRPH for the future it will be very good