Juridica Share Discussion Threads

[speedsgh] 13/5/2015 13:29

JIL news is a precious commodity :o)

[guernseymoney] 13/5/2015 13:23

I see! Thanks for that.

Wish I had some news re JIL, but happy to keep holding.

[eeza] 13/5/2015 13:06

Reached his target of 145p - see above #654

[portside1] 13/5/2015 12:16

just sold my holding

[pillion] 21/4/2015 14:57

p/s
The AGM is just a formality; so nothing new..... as expected

[portside1] 24/3/2015 10:46

i believe we are going to get some good news at the agm

[portside1] 23/3/2015 15:26

thanks looking for 145p

[guernseymoney] 23/3/2015 15:10

Thanks Jonwig, I thought I was cracking up when I read the NAV in that article - I don't think that error changed the thrust of their BUY tip and agree with their bullishness on JIL.

I've noticed an increased amount of errors in IC recently.

Portside1 - BUY, BUY, BUY. A great share.

[portside1] 23/3/2015 15:01

so do you other posters do you think my views are wrong please should I stop buying more

[jonwig] 23/3/2015 14:47

guernseymoney - you're correct, the IC got their NAV stats wrong. See the comments at the foot of the article (I'm "jaybeeuu").

[eeza] 23/3/2015 14:28

It took news of a 20p Div, in March, to raise these from 125p to 150p. Once paid the share price reverted.
Absent another 20p dividend announcement why would these shares re-rate to 140p based on known news.
Wishful thinking (pumping).

[portside1] 23/3/2015 13:50

have bought and sold these for 4 years , do not wait till they are 140p to buy
buy low then sell at 150p

[guernseymoney] 23/3/2015 13:49

For those that read the IC article, I wasn't sure if the NAV IC quoted was correct. Will take another look...

[portside1] 23/3/2015 13:48

I have read the latest report nad like what I read so I have added . dyor

[portside1] 23/3/2015 13:46

read the last update will be another div

[envirovision] 23/3/2015 13:39

Undervalued, 80p upside? Is there something about the present litigation suits you know that we should know?

[portside1] 23/3/2015 13:37

total holdings 79.77 %

[portside1] 23/3/2015 13:34

Major shareholders


INVESCO Asset Management Limited
33,099,822

29.90%

Baillie Gifford & Co.
17,620,982

15.92%

AXA Investment Managers UK Ltd.
9,956,500

8.99%

Jupiter Asset Management Ltd.
8,000,000

7.23%

Miton Group Plc
6,575,347

5.94%

Reliance Mutual Insurance Society Ltd.
4,504,397

4.07%

Goldman Sachs as Market Maker
3,233,436

2.92%

Hargreaves Lansdown Asset Management
2,455,370

2.22%

Henderson Global Investors Ltd
1,949,463

1.76%

CPP Investment Board
1,900,000

1.72%



Director and Management related holdings

todays big holders above is correct

[portside1] 23/3/2015 13:29

their is only 6 3 million shares in the open market the rest are held in funds

[portside1] 23/3/2015 12:17

under valued by at least 80p that's my view

[portside1] 23/3/2015 12:15

have added 3 more lots today my last of 4544 that gives me a holding of 34234
and will add more on any dips but now think we will go well above 140p very quickly

[jonwig] 21/3/2015 07:28

IC has a BUY recommendation in its results comment, "despite the complextity".
Makes a useful point, which I think is correct:

Additionally, Juridica has a 36 per cent stake in JCML, and is therefore expected to be paid $4.7m in dividends out of the $14.5m of performance fees attributable to the manager.

Moly - a part of the appeal here is that asset and dividend performance should be uncorrelated with wider equity markets. Equities won't be going up forever and the chance of sharp corrections has increased. Sure, I want "shares with more stable payouts (or consistent growth)" as well!

[molybdenum] 19/3/2015 07:05

For me it was a sell on that statement. I'd rather look for shares with more stable payouts (or consistent growth).

[jonwig] 18/3/2015 11:58

Ptolemy yesterday fall was complete at open so rose from then on. They are not so good as BUR with shareholders, true!