Share Name Share Symbol Market Type Share ISIN Share Description
JZ Capital Partners LSE:JZCP London Ordinary Share GG00B403HK58 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 501.00p 497.00p 505.00p 503.50p 501.00p 501.00p 0 15:14:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 20.8 5.1 5.4 98.5 420.38

JZ Capital Partners (JZCP) Latest News

More JZ Capital Partners News
JZ Capital Partners Takeover Rumours

JZ Capital Partners (JZCP) Share Charts

1 Year JZ Capital Partners Chart

1 Year JZ Capital Partners Chart

1 Month JZ Capital Partners Chart

1 Month JZ Capital Partners Chart

Intraday JZ Capital Partners Chart

Intraday JZ Capital Partners Chart

JZ Capital Partners (JZCP) Discussions and Chat

JZ Capital Partners Forums and Chat

Date Time Title Posts
06/7/201708:42J Z CAPITAL PARTNERS98

Add a New Thread

JZ Capital Partners (JZCP) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all JZ Capital Partners trades in real-time

JZ Capital Partners (JZCP) Top Chat Posts

DateSubject
21/10/2017
09:20
JZ Capital Partners Daily Update: JZ Capital Partners is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker JZCP. The last closing price for JZ Capital Partners was 501p.
JZ Capital Partners has a 4 week average price of 495.50p and a 12 week average price of 495p.
The 1 year high share price is 577.50p while the 1 year low share price is currently 495p.
There are currently 83,907,519 shares in issue and the average daily traded volume is 4,633 shares. The market capitalisation of JZ Capital Partners is £420,376,670.19.
20/4/2017
07:28
jonwig: New distribution policy: http://www.investegate.co.uk/jz-capital-ptnrs-ltd--jzcp-/prn/discontinuation-of-dividend-policy-and-new-stra---/20170420070000P9185/ Dividends suspended. Profits to be used for share buybacks in order to reduce discount. So in theory I'll get a higher share price rather than a handy USD dividend. The market in the shares is fairly thin, but a sustained rise might be thwarted by selling. No idea what the market's reaction will be, but the 30% discount to NAV will take a bit of closing.
18/3/2009
21:43
owston: Jonwig, Yes, ships in the night! I checked the ZDP's for today and I could only see sells (again) sometimes trades turn up but are either errors or Market maker to market maker trades. 50K sales on JZCP today but the price is up, I can't see the logic in that.... You are lucky to get a reply from the company, I tried e-mailing on several occasions, phoning but i could only get the company secretary and he wasn't very helpful. I can now understand JZCP's share price as it must be priced on worst case of a requirement to sell a significant portion of the unlisted stocks to make up the gap. I presume that the ZDP's are being priced on falling private equity valuations and limited "escape" routes. A refinance is the best option with a refinance with more ZDP's with ZDP holders getting preferential terms for "lock in" and an opt out if institutional take up allows ZDP holders out. Any other thoughts? Cheers Owston
10/3/2009
09:22
jonwig: Had a closer look. The market is valuing this like a commercial property company with high gearing due for early repayment but a big slug of illiquid assets. A discount to NAV of over 90% isn't too unusual in that context. Basically: Assets ($m) - Cash ............ 109 Listed equity .... 65 Listed debt ...... 26 Unlisted ........ 272 ZDP liability ... 181 ($ number plus hedge) Cash will pay all but $72m of the ZDP. Listed stuff = $91m and might not realise $72m in a market sale. (Also look at performance of TAL and Safety since the date of these numbers (IMS 9 Feb). So the focus turns to unlisted stuff, which might not be realisable at anything close to valuation in the current market. I see they are looking at alternatives to redeeming the ZDPs. I suppose they could try to arrange something like partial repayment together with a scrip issue of ords, but that would need ords holders' consent. Something like 160p plus 3.5 new ords for each ZDP. Then there are 260m ords in issue covering assets of $363m, or 96p/sh, ungeared. Write that down due to worsening markets to say 60p/sh. So if they can manage some sort of restructuring like this, the current share price of 16p will be very cheap. They need to get a move on as the key date is 24 June.
16/1/2009
16:59
hoveite: I think it is worth considering what the picture will be like after the zeros are redeemed on 24 June 2009 (assuming that they aren't refinanced of course). The NAV per share on 28th Nov was $3.33 per share. With 97,527,916 shares in issue this gives Net assets of $325m. There are 45,662,313 zeros which will be redeemed at £2.1589 each which means £98.6m pounds will be due on 24 June 2009. At 1.53 £/$ (rate on 28 Nov) discounted by 8% * 7/12 (they accrue at 8% a year and had 7 months to go) this comes to $144m attributabal to the zeros on 28 Nov. If we add that $144m onto the net assets we have gross assets of $469m. If 47% of the $469m was in tradeable investments that gives us $220m worth of tradeable investments and $249m worth of unquoted securities. However if £98.6m has to be raised at an exchange rate of 1.46 that means $144m of those tradeable investments will have to be sold to redeem the zeros, leaving $76m of tradeable investments. So following the redemption of the zeros the NAV of $325m would be represented by tradeable investments of $76m and $249m of unquoted securities. At a share price of 51.5p the market cap of JZCP is £49.73m which is $72.6m. So if you look at the situation after the zeros are redeemed you could be getting the quoted investments at around fair value with around 3.3 times the value of unquoted stuff thrown in for free.
JZ Capital Partners share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V: D:20171022 04:28:18