Member Info for 2phevs

I think this is the only regulatory issue for Jupiter's merian and mid cap funds

With the fund dropping so much in value over the last 6 months it must of pushed the 10

Defo thg could do a set amount buyback as long as the broker wasn't a recent insider and they have the auth already granted
Surely the company would be mad not to put £60 mill in treasury 10% of mcap at these prices

Just to reinforce Jupiters predicament today

ABDN UP .15%
JUP DOWN 4.4%

I also think an ii has been accumulating very quietly apart from the 6 mill buy the other day @62.50
IMO they just want to take as many off Jupiter as they can at a lowest average they can get while this opportunity exists

I agree with the fund bit
but I think all fund managers in the same trouble with redemptions from the media hype
however jupiter has funds with a huge amount of unlisted companies in them

if you compare one other very badly performing fund manager about to be kicked out the FTSE 100 ABDN over the last 6 months it shows

ABDN down 28%
JUP down 55%

IMO JUP should have its funds that have large holdings of unlisted companies suspended from redemptions and cash investments until JUP sort themselves out with the CEO (the last one resigned recently stating he just wants to sit on the beach)

maybe just maybe people are realising it's Jupiter in trouble not its listed holdings

JUP down 4.2%
THG down 0.8%
ASCL down 0.6%
REVB up 1.8%
WISE up 1%

Wish I had more funds to buy from numpty Jupiter

Jupiter down 3.5% so far today

Wishful thinking but money on my mind lyrics could we see a share buy back announcement thg has the authority (as previously discussed here) and the company could benefit from Jupiter's distressed state

Sorry kbyk futures

If word has spread that a platform won't allow new investments since July 29th in a couple of Jupiter's funds then money will be coming out and not much coming in

Personally I believe this is the reason for the ridiculous drop in SP

https://www.theaic.co.uk/aic/news/citywire-news/fidelity-platform-suspends-more-funds-investing-in-trusts-after-charges-rule

The cost of energy issue is about to be jumped on 25% drop in wholesale prices yesterday article in the guardian yesterday saying Europe and UK well ahead of plans for natural gas storage for winter

Large handouts were again confirmed by boris yesterday in a high viz jacket tv interview

Not going to post about acquisitions cash tailwinds peers 10 x price etc we all know what a bargain thg is we just didn't know how bad jupiter are at their job

Anyway nasdaq up 0.7% and German import prices below consensus
GLA especially boom16

Tell you what Pencil Jupiter must really be in trouble their share price has dropped by more than THG on a 6 month chart and they are selling THG when they should be just selling this Ascential if you compare the two I wouldn't be selling THG

THG v ASCL
6 x rev
2 x ebitda
4 x cash
2 x net assets
And get this ASCL MCAP 965 MILL ???????
just goes to show how cheap THG is

Really don't like to post this but looks like 1pencil's prop trader thesis could of been spot on

really sorry for you Boom you went for it :(

just sold my asos shares I bought late fri (after jpm bought in had to sell some thg for 61) for a small profit and bought here 27k@ 56&57ers

Nasdaq almost positive seems like some investors are actually listening to cnbc pencil

Energy companies and chemical producers getting hammered

Glass overflowing (don't do half empty or empty like jupiter)
This speech might push US investors to historically low level developed world currency investments
like MCRO double SP today

Well carry on as we are
the FED is determined to get long term inflation expectations down to 2%
main reason so people and businesses can make mid to long term plans at that level
The FED does NOT want people and businesses getting used to high rates of inflation because they will begin to expect that and thus paying higher wages etc..
He did mention that there is still a demand led supply problem
He also mention it is good to see the recent data on inflation is looking better
Finally very pleased to see the US economy being so resilient (because of the socialising spending helping services and Make up as we've seen from elf, estee, ulta etc..)

glass half full
lower inflation means better cost controls for THG

Nasdaq futures flying now after that inflation data maybe just maybe Humber

below consensus more good data news
this is key data the FED looks at for interest rates hopefully Powell will sound a more dovish note in his speech at 3pm today