Just Share Discussion Threads

[edwardt] 22/5/2018 08:43

i guess the free float will increase but not sure how much tracking buying that will create. we are still to hear who has bought. they should report asap.

[typo56] 21/5/2018 16:53

As a result of the Permira placing, the FTSE investablity rating will be increasing with effect from start of trading on Wednesday. Therefore, expect quite a large uncrossing volume at close tomorrow (Tuesday) as index funds increase their holdings by about 22%.

[edwardt] 21/5/2018 15:47

that data is clearly out of date given the rns concerning the placing. data sources are usually well out of date.

[rmm4] 21/5/2018 15:29

I keep seeing that Permira are out now but according to iii Avallux who are a subsidiary of Permira still hold 23% if the stock?

[edwardt] 21/5/2018 11:18

surely there should be rns of who bought the stock...

[salpara111] 19/5/2018 19:05

Well, that was the last of it so finally the share price should be able to move forward.
I have put in an order for some.

[edwardt] 18/5/2018 12:08

given the amount of sale it will probably be 3 or 4 institutions which has to be good news....

[18bt] 18/5/2018 11:56

Good, Permira out completely - will be interesting to see whether any more long-only investors have been brought in

[lovat scout] 18/5/2018 10:12

That's great news - should hopefully gravitate towards NAV now, especially if lifetime mortgage product sensibly managed and most of the growth is in DB derisking.

[scrapheap] 18/5/2018 07:34

Bingo! 17% of the company sold in 1 bookbuild/placement - HOORAR.

So good to have this overhang finally cleared now.

[scrapheap] 17/5/2018 11:15

Perhaps a chance now for the overhang to at last be cleared by the long term PE sellers!

[18bt] 17/5/2018 09:43

Well the market likes it. ERM market still growing very strongly, but investment returns not as good as they were and some exposure to property prices.

[scrapheap] 17/5/2018 09:15

Given the length of time to get through to their new business area for lifetime mortgages and getting a client's case oompleted (app went in Feb!), they are definitely v busy still there!

Downside is their service levels are currently poorer than I'm used to.

[edwardt] 17/5/2018 08:55

pleased with that....

[poppabear4u] 17/5/2018 07:53

DB business has tended to be completed just before the year end and q1 is generally pretty low. If this q1 is a pointer for the rest of the year then it looks promising.

[18bt] 17/5/2018 07:19

Looks good start to the year. Think they were guiding towards 8% new bus margin and this will reinforce that. Thought they might start scaling back on lifetime mortgages as they are a bit exposed to ongoing PRA review of assumptions in the sector and they are still above the 25% target, but they are now set up to start generating capital

[scrapheap] 17/5/2018 07:09

Bit confused - the numbers vs Q1 2017 are excellent looking, compared to the most recent previous 2 quarters however quite a lot lower (bar lifetime mortgages).

we like seeing buoyant in any update though...

[18bt] 16/5/2018 09:58

AGM trading update tomorrow

[lovat scout] 16/5/2018 09:20

There really is no end of supply atm - we need more than an IC tip!

[18bt] 10/5/2018 18:22

Seems to be being tipped in the IC tomorrow.

[lovat scout] 10/5/2018 17:50

I am invested here because I like the sector and growth prospects. I accept that the capital requirements are high and need to be prudent and that JUST is an NAV growth story as well as providing a dividend. I just feel that moderately more ambitious dividend policy would do the share rating no harm at all.

[scrapheap] 08/5/2018 08:58

I think Deutsche Bk has initiated today with a hold rating .. per HL website anyway.

Target price tho is 170p.....

[edwardt] 02/5/2018 10:35

set to grow at 6% - so not bad. it comes down to the fact that this is a very capital intensive business. This has resulted in a shrinking of companies in the market which should be a good thing. all in with growth now back in their end markets, i am a happy holder but will be more so when the stock overhang goes.

[lovat scout] 19/4/2018 18:42

JUST will need to increase the dividend yield to get the shares rerated in this income hungry world. Although there are always regulatory risks around these companies , patience shoukd be rewarded eventually

[edwardt] 18/4/2018 16:21

record quarter for equity release business.