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JUST Just Group Plc

106.40
0.20 (0.19%)
Last Updated: 10:08:41
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Just Group Plc LSE:JUST London Ordinary Share GB00BCRX1J15 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.19% 106.40 106.20 106.60 107.00 105.80 105.80 94,817 10:08:41
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 2.24B 129M 0.1242 8.57 1.11B
Just Group Plc is listed in the Life Insurance sector of the London Stock Exchange with ticker JUST. The last closing price for Just was 106.20p. Over the last year, Just shares have traded in a share price range of 67.00p to 107.00p.

Just currently has 1,038,702,932 shares in issue. The market capitalisation of Just is £1.11 billion. Just has a price to earnings ratio (PE ratio) of 8.57.

Just Share Discussion Threads

Showing 701 to 724 of 2000 messages
Chat Pages: Latest  32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
15/10/2018
09:46
Consistent rise in medium term gilt yields and therefore liability discount rate and attractiveness of annuity yields
18bt
15/10/2018
09:38
SP broken to the upside of small flag.Bullish
bolador
09/10/2018
17:20
Kames upped holding by another 0.5%
scrapheap
05/10/2018
15:55
Lansdowne trying their hardest to short this.idiots !
the canadian mounted
05/10/2018
07:39
Possibly shorts closing.
trewinney
04/10/2018
15:59
3% of the share capital traded today.... decent volume that.
scrapheap
04/10/2018
13:16
Back to a pound 👍🏽
the canadian mounted
04/10/2018
09:43
Well done lansdowne (not)!
the canadian mounted
04/10/2018
07:46
Big risk shorting these
Fingers burnt time!

the canadian mounted
04/10/2018
07:19
Lansdown Partners with a big increase in their disclosed short position....increase of 0.36% or around 3.3m shares

Still the only published shorter >0.5%

nav_mike
03/10/2018
15:32
Interesting rns today
the canadian mounted
03/10/2018
11:29
Wtf is going on with the share price ????
the canadian mounted
03/10/2018
08:16
Our reply to the Institute.

They should have read CP 13/18 before replying to it.

eumaeus
01/10/2018
17:44
The PRA didn't cause it it was the markets reaction to changes yet to be released in capital requirements.

I don't know this sector well but I have been involved in the analogous banking recapitalisation saga.

I'd have thought CoCos would be a good solution here. Are they being considered?

loglorry1
01/10/2018
17:34
Yes, but when you cause -50% on the share price of a participant company, that is hardly what one would call GOOD REGULATION!
topvest
01/10/2018
17:22
The PRA are not daft. They've acted pretty sensibly with the recapitalisation of the banks. I think they'll be sensible here too. I don't think they'll be massive shocks to the system and they'll give firms time to build additional capital.
loglorry1
01/10/2018
16:30
Interesting - seems to be a polite two fingers up to the PRA. The PPA are wrecking the market: you can change the rules prospectively, but the threat of pushing massive changes through straight away undermines the capital markets. They have handled this in an incompetent manner in my view, but they don’t care as they are civil servants and they can do what they like.
topvest
01/10/2018
12:39
606 - thanks for this, just looking now.
eumaeus
01/10/2018
10:45
eurmaeus - Be interesting to hear what your response to institute of actuaries submission to the PRA
horndean eagle
01/10/2018
09:57
604 "I have made this point twice already but I'm still not confident you get it."

I think we will have to agree I don't get it, and leave it there.

eumaeus
01/10/2018
09:09
eumaeus 596 and 598 "593 Not hedging the underlying. The contract to be hedged is to deliver a property to you in n years time. That contract is a form of derivative. I hedge it by buying the underlying."

You are hedging it by being a property owner, landlord, responsible for the condition of the property and its maintenance etc. which is a point I made frequently ages ago. You are agreeing with me but you don't realise it.

598 - Yes I'm familiar with graphsofrelativity.

In order for the Black 1976 model for NNEG to be applicable to property, the contract you are selling me would be discounted in line with a deferment rate based on notional rental income.

I.e. I could buy the apartment freehold from you forward 10 years at a discount to today's price of say 23%

So I'd give you £730k, and you'd owe me a Mayfair apartment in 10 years time in the condition a current £1m mayfair apartment is in now.

However you switched the goalposts by then saying I'd have to pay £1m (current price) for a 10 year deferral. As I also said previously, you'd still be out of pocket, but far more so if you sold me the deferment contract priced on the same basis as NNEG's are under Black 1976. I.e. the options model doesn't price property correctly because property is not like other income earning assets (for reasons also listed previously).

"So, a standard 99 year lease on our Mayfair property, assuming vacant possession value £1m, would have a market price of about £950k, with the freehold at around £50k...But using the HPI method, we would get negative leasehold value, with freehold priced at over £1m."

"we would get negative leasehold value" - why? since HPI doesn't preclude a valuation of net yield? Straw man

Re: 597 - I have made this point twice already but I'm still not confident you get it. Life co's who have historically said they will value NNEG using options can't just change now because they don't like the numbers output using futures prices rather than HPI projections.

However I don't think they should be valuing NNEG using this method at all for reasons stated (ad nauseum).

Under NNEG I can buy an apartment (freehold+leasehold) off you for deferred possession 10 years at a fraction of today's price. You don't seem keen to sell me one at discounted at a deferment rate, but you are prepared to sell me one non-discounted even though you would also lose money. Just not quite as much.

dasv
01/10/2018
06:35
That's not his "notice" that is what they have agreed will be his departure date, subtle difference no? Didn't quite read as a "go away" (you know, no quote from FD and "to pursue other ventures type stuff") but never great to see an FD leave, despite that the odds say they have to at some point!! Let's see how the markets react.

Does it make them "easier" to sell as per that article someone posted?

qs99
01/10/2018
06:25
CFO stepping down with a months notice is 'interesting' timing....
scrapheap
28/9/2018
15:12
Just Group 2026 9% bond now priced at 115.018%, running yield 7.82% excluding cost of entry. 13.4% off the 133% high, compared with equity 49% off. Appreciate the two are not directly comparable.
exmooroil
Chat Pages: Latest  32  31  30  29  28  27  26  25  24  23  22  21  Older

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