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Late Tuesday, Barclays undertook an accelerated book build to place stock which may have been from Flemings. I think RNS shareholding notification is only when a threshold 5-10% etc has been reached not when it is sold.
interesting, but i am still waiting to see if there is any declaration of a previous big holder reducing their position by several % as you suggested. (RNS seem to be re buy side.) i appreciate these things can take a while to surface, lol.
see RNS re 2 x holdings
thanks for your thoughts on this, appreciated. but if there is one big holder who has sold out a 5% chunk (no matter whether they sold on to one buyer or as you suggest to multiple other buyers) doesn't that mean that they are likely to have made a notifiable change in their own holding by that very significant reduction? i can see why if bought by many smaller buyers, they would not need to declare their long holdings, but was thinking more about an RNS from whoever it is that dumped the 5%? the volume high today, but no-where near enough to unwind a parcel of 5% company.
I don't think there will be anything on RNS as the shares were sold off by 1 holder to many smaller holders, so no disclosure of holdings requirement. I think this has been over-sold, so I bought in ay 220p only to see them drop this afternoon! Another day, another opportunity, but ex-div tomorrow so we will see the effect. GLA
i owned 5% of a company the size of JLG. i would keep it on the mantelpiece, polish it every day, and in the evenings i would just look at it.
no holdings rns yet... any idea who that was?
A holder of 5% isc sold by placing with a broker at 215p - all taken up and it was over-subscribed. This has upset the price today ahead of ex div tomorrow. Think it will come back though.
the market giveth and the market taketh away. i'm not aware of any big news specific to jlg, but that doesn't mean there isn't some out there that other people do know! volume is significantly higher than usual already this morning. maybe some folk want to avoid taking the divi itself, for tax reasons etc? or maybe there are orders being worked currently. (but in all likelihood, us mushrooms will never know.) i suppose if market as a whole is developing a bit more appetite for risk, rightly or wrongly, lol, that might lead to some asset rotation out of boring stocks like JLG.
Any idea why there has been a drop? share has gone ex-div yet? not complaining if its short term just means we might pick up more shares from scrips
I don't see that being an issue to be honest, with the right team behind them and as long as they don't specialise on certain projects too much, there should be more than enough investment opportunity out there. agreed, very boring share, but I'm currently on a 12% growth and awaiting my Divi payment next month so can't complain!
"Nevertheless, can it find further PPP projects into which to invest? " .. this question from the tempus article is i think a very important one to try to watch over time, the business model relies them finding new projects, over and over.
lol, np, it's a nice, boring share, truthfully there's not much to say most of the time, and it's not about to sky-rocket (or crash) very suddenly. slow and steady hopefully wins the race. what i have found interesting is the recent pattern of chunky BoD buys, but of course BoDs can get it wrong like anyone. atb.
Just in case you were wondering, yes there some more of us here checking in from time to time and appreciate your efforts. ...
ex-div on 21st april
Olivier Brousse Chief Executive Officer 229.36p 13,652 109,934
and yet another, top-up by the ceo. i added too today, although as part of a defensive shift out of some other holdings.
somebody set a tiny little bot to work on the sp, very funny... look at the sequence of trades from 16:25 on.
nice director buy for £50K. good BoD buying pattern.
nice chunky buy from the finance director at 228.5p. he's a man who should know about the books here.
I'd like to see it maintain this SP and possibly move up to 2.40 at half year results, all being well. Just wish I put a higher share of my portfolio into this one when I bought in at the IPO! Hindsight ayy
so far, so good.
John Laing, the developer, is increasingly looking like a safe haven amid the turbulence of global capital markets, Tempus said. The company, which buys into public-private partnerships and renewable energy projects, helping to build them before selling them on for a profit, provides greater upside through its shares than picking up the stock of the infrastructure funds which it sells to. If it can maintain its rate of divestments then its pledge to distribute between 5.0% to 10.0% of the proceeds to shareholders translates into a dividend yield of about 3.5%. Nevertheless, can it find further PPP projects into which to invest? John Laing is casting its net further afield and looking at projects in North America and Australasia. In the States, governments are looking at the idea as an alternative when it comes to replacing ageing infrastructure. "I like them for their clear defensive properties and that decent yield. Decent income and safe, defensive stock, buy," Tempus concluded.
Good to see MD has increased his holding, even after the price has risen circa 8 percent the last couple of weeks, shows confidence for more growth.
will unleash more helicopter money for euro govs to burn on infrastructure projects with jlg, pretty pls.