ZPG Share Discussion Threads

[tiltonboy] 02/2/2006 15:52

soysoy,

Speak to me without capital letters, and tell me what you want me to do!!!!

tiltonboy

[soysoy] 02/2/2006 15:49

TILTONBOY

CAN YOU DO %

[tiltonboy] 02/2/2006 15:22

EXSZ NAV up nicely again.

[soysoy] 02/2/2006 15:09

IS THAT 5% RISE OR 0.16P IN A WEEK

[soysoy] 02/2/2006 15:07

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values at 31 January 2006
were:

per Ordinary unit 63.94p

per Growth share 8.28p

per Zero Dividend Preference share 55.66p

Gross assets less current liabilities £15.10m


On 25 January 2006, the Company increased the total amount drawn down under the
Bank of Scotland facility by £300,000 to £4,720,000. The Company is currently
eligible to draw down a maximum of £6,000,000 under the loan facility.
THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values at 24 January 2006
were:

per Ordinary unit 63.66p

per Growth share 8.12p

per Zero Dividend Preference share 55.54p

Gross assets less current liabilities £14.73m


Fair value of the debt is not materially different from the par value.



Fair value of the debt

[soysoy] 02/2/2006 15:06

In accordance with UKLA Listing Rule 15.4.11(1), the following list represents
the Company's investments, as at 31st January 2006, in other UK listed
investment companies (including investment trusts) which themselves do not have
a stated investment policy to invest no more than 15% of their gross assets in
other UK listed investment companies (including investment trusts):

Name of company Class of Share

Premier Equity & Income Bond Zero dividend preference

BFS Managed Properties Zero dividend preference

BFS UK Dual Return Zero dividend preference

Investec High Income Zero dividend preference

Quarterly High Income Zero dividend preference

[haveagoodday] 01/2/2006 21:22

Thanks Glynn; yes nice gain.

TB; the charts are signalling further rises so the omens are good...

[tiltonboy] 01/2/2006 13:10

Three months to go for Premier Equity Income & Bond Trust, and this market rise might see ZPG get a decent exit price. The strength in Bank shares will help as they have got 19.1% in that sector.

tiltonboy

[glynnef] 31/1/2006 21:58

haveagoodday,

Mr Tanner probably paid about 2p for his shares judginmg by the RNS history. Nice gain.

Holding(s) in Company

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company has been notified by Mr Ian Tanner that following the disposal of
1,600,000 Growth shares in the Company at a price of 4.48 pence per share, he
no longer has an interest in the shares of the Company.

30 January 2006

[haveagoodday] 31/1/2006 21:19

who sold that lot then?

[soysoy] 31/1/2006 14:18

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values at 17 January 2006
were:

per Ordinary unit 63.50p

per Growth share 8.09p

per Zero Dividend Preference share 55.41p

Gross assets less current liabilities £14.70m


Fair value of the debt is not materially

The Company announces that the bid price Net Asset Values at 24 January 2006
were:

per Ordinary unit 63.66p

per Growth share 8.12p

per Zero Dividend Preference share 55.54p

Gross assets less current liabilities £14.73m


Fair value of the debt is not materially different from the par value.

[soysoy] 30/1/2006 20:14

NO I STILL HOLD MINE

[soysoy] 30/1/2006 20:14

TRUST PLC

The Company has been notified by Mr SOYSOY that following the disposal of
1,600,000 Growth shares in the Company at a price of 4.48 pence per share, he
no longer has an interest in the shares of the Company.

30 January 2006

News
30/01/06 16:54 UKREG Holding(s) in Company
20/01/06 16:51 UKREG Net Asset Value(s)
12/01/06 14:45 UKREG Net Asset Value(s)
09/01/06 12:59 UKREG Net Asset Value(s)
04/01/06 15:34 UKREG Portfolio Update

[tiraider] 30/1/2006 18:30

A couple of large trades today - is that SoySoy buying again?

[tiltonboy] 29/1/2006 09:19

EXSZ will only follow the course of the FTSE, so in isolation the EXSZ chart is meaningless.

The shares trade at a discount(using the bid price) of around 9%, which will add 0.9% to the NAV of ZPG, which equates to 0.7p on the NAV of the Growth Shares.

Exeter Equity is only 68.1% invested in equities, though with the benefit of gearing, this gives exposure to the market of around 88%.

A further 10% rise in the FTSE will, therefore, have an effect of 0.7p on the Growth Shares.

tiltonboy

[haveagoodday] 28/1/2006 21:26

Your selection EXSZ shows no sign of going anywhere except upwards - a good omen for ZPG?

[tiltonboy] 27/1/2006 22:28

There could be downside if the market was to fall substantially in the next few months, as the two uncovered holdings would bear the brunt of the fall, and the lightly covered issues would see their yields rise. I have mentioned in previous posts how important the next few months are in shaping the future of the Growth Shares. With the index at these levels, my terminal NAV assessment is in the range of 4.5p-5p.

The manager, from time to time, has invested a small amount in Gilts, but I do not believe there are any at the moment, and I'm sure they haven't played in "linkers" before.

They do have a tiny holding in an HBOS pref, but that's about it.

tiltonboy

[haveagoodday] 27/1/2006 22:07

Only 25% of the portfolio will benefit from a rise in the market.

Not so much downside either if the market falls.

Do you knpw if there are index linked gilts in the portfolio?

HaGday

[tiltonboy] 27/1/2006 20:09

haveagoodday,

Only 25% of the portfolio will benefit from a rise in the market. A cut in interest rates is more likely to have an effect over the whole portfolio. In saying that, the NAV could get into double figures if the market were to continue this rise over the next month or so. Maintaining an NAV above 10p over the rest of the life will be more difficult to achieve.

tiltonboy

[haveagoodday] 27/1/2006 19:23

NAV could be 10 or 11p then if market rises 15%?

[soysoy] 27/1/2006 13:24

Think-tank predicts 15% growth in FTSE all-share
By Gabriel Rozenberg, Economics Reporter

THE FTSE all-share index is set to rise by 15 per cent this year, giving investors another boom year, a leading economics think-tank said yesterday.
The National Institute of Economic and Social Research also forecast that next year the index would match its record high of 3,266 points, which it hit in 2000 at the height of the dot-com boom, as the economy regains momentum.

[soysoy] 27/1/2006 12:17

net asset results comes out today
should see a big rise

[haveagoodday] 26/1/2006 19:44

5% in a single trade...hmmm should there be an rns?

[soysoy] 26/1/2006 13:37

just toped up with 1,500,000
not sure if it a sell
lol

[soysoy] 26/1/2006 10:28

NAV figure should be out later today.
which is now at bid price as before it was mid price