ZPG Share Discussion Threads

[soysoy] 17/2/2005 16:54

Zero Preference Growth Trust (The) PLC
Key Dates
next AR year end: 31-Jul-05
Previously Reported Forecast
int results 10-Mar-04 int results 10-Mar-05
year end 31-Jul-04 annual report 3-Nov-05
annual report 3-Nov-04 agm 13-Dec-05
agm 13-Dec-04

[soysoy] 17/2/2005 16:38

i bought into this on monday
think there another pound there

[soysoy] 17/2/2005 16:22

i will try

[soysoy] 17/2/2005 16:17

i got 49000 this morning
about 2 grands worth

[opthalmist] 17/2/2005 12:31

Showing now ~16k @ 3.95p (9:34am)

[pomp circumstance] 17/2/2005 12:29

price + vol? I got quoted 4.2 for 20k - 40k

[opthalmist] 17/2/2005 11:12

Strange, my trade not showing yet.

[opthalmist] 17/2/2005 09:37

Bought some this morning. Institutions and big holders are buying more at the moment, and share price is around 50% of NAV which is also rising daily. It would be rude not to!

[tiraider] 17/2/2005 05:43

It was reconstructed in July 2004. It started off with a zero NAV. The NAV has consistently risen quite rapidly. The share price has also risen rapidly but at a reduced rate.

It reflects the recovery in the ZDP market which collapsed with the split trust scandal of the early 2000s.

This trust has safeguards, so worth reading more about.

The Growth share (ZPG) is to put it simply a longer term type of warrant. It's the growth element of the trust. Any excess above a certain level for ZDP holders is paid in 2008 to holders. Every so often, a small amount is taken from ZPG and added to the ZDPs. Even allowing for that, ZPG is running well ahead of expectations hence the rise.

[soysoy] 16/2/2005 18:42

i know i started this thread
does it have nett assets 7.22p
what else can you tell me about this

[tiraider] 16/2/2005 17:42

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the mid price Net Asset Values at 15 February 2005
were:

per Ordinary unit 56.92p

per Growth share 7.22p

per Zero Dividend Preference share 49.70p

Gross assets less current liabilities £13.83m


On 7 February 2005 the Company decreased the total amount drawn down under The
Bank of Scotland loan facility by £1,300,000 to £4,620,000. The Company is
currently eligible to draw down a maximum of £6,000,000 under the loan
facility.

Fair value of the debt is not materially different from the par value, so no
additional Fair Value NAV is required.

[soysoy] 16/2/2005 16:39

had my eye on this since last week
i buy some tomorrow

[opthalmist] 16/2/2005 08:37

You are stupid.

[kordeiv] 16/2/2005 05:20

yeah, agree wholeheartedly. Way about time that someone created a timewasting thread for a massive non-entity like ZERO

[kordeiv] 16/2/2005 05:18

so, what does that mean then?

I love the emphasis on ZERO.

It's name doesn't really do it a lot of favors. i wonder what sorta genius figured that one out.

[tiraider] 16/2/2005 05:15

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company has been notified that, following a purchase on 11 February 2005,
customer funds under the discretionary management of Trafalgar Asset Managers
Limited are now interested in 1,500,000 Growth shares in the Company
representing 5.00% in aggregate of the issued class of capital.

15 February 2005

[tiraider] 15/2/2005 18:53

It's about time someone created a thread for ZPG. Fantastic chart that doesn't show any sign of stopping. I have and will continue to post updates on the FAR4 thread.

Well done soysoy, I wish you, ZPG and this thread every success.
rgds
tr