JPMorgan Global Growth & Income (JGGI)

Sector:

Investment Firms

Index:

FTSE Small Cap

394.00p
   
  • Change Today:
      12.00p
  • 52 Week High: 394.00
  • 52 Week Low: 224.00
  • Currency: UK Pounds
  • Shares Issued: 144.76m
  • Volume: 190,054
  • Market Cap: £570.35m
  • RiskGrade: 110

Meggitt CFO restores some faith after more than doubling stake

Date: Thursday 07 Nov 2013

LONDON (ShareCast) - Meggitt's Chief Financial Officer helped lift the share price higher on Thursday after growing his stake in the aerospace and defence manufacturer.

The purchase of 15,000 shares at 505.38p each came one week after the group served up a double dose of bad news for investors, when it told them trading had been “slightly” below expectations and a supply hiccup could cost as much as £20m.

The FTSE 100 company warned it now expected 2013 revenue growth rates to be in the “low single digits”. It had given guidance of mid-single digit revenue growth for the full year at its interims in August.

It blamed short term production difficulties at its Meggitt Sensing Systems unit as well as the timing of contract wins and project milestones at one of its energy businesses. The strengthening of the US dollar didn't help either.

It reported that civil aftermarket revenues were up 2% year-on-year in the third quarter while military revenues had remained flat.

Looking further ahead the company said it continued to expected revenue growth to be in the mid-single digits in 2014.

Webb, who spent £75,807 on his purchase, now owns 25,648 shares in the company.


Top Director Buys

Croda International (CRDA)
Director name: Mr Steve Foots
Amount purchased: 4,233 @ 2,339.00p
Value: £99,010

Meggitt (MGGT)
Director name: Mr Doug Webb
Amount purchased: 15,000 @ 505.38p
Value: £75,807

JPMorgan Overseas Inv Trust (JMO)
Director name: Mr Simon Davies
Amount purchased: 5,600 @ 900.00p
Value: £50,400

JPMorgan Overseas Inv Trust (JMO)
Director name: Ms Gay Collins
Amount purchased: 5,600 @ 900.00p
Value: £50,400


Top Director Sells

M Winkworth (WINK)
Director name: Mr Anthony Snarey
Amount sold: 800,000 @ 169.00p
Value: £1,352,000

Amati VCT (ATI)
Director name: Mr Peter Lawrence
Amount sold: 42,293 @ 69.75p
Value: £29,499

Andes Energia (AEN)
Director name: Mr David Jackson
Amount sold: 50,000 @ 21.00p
Value: £10,500

Amati VCT (ATI)
Director name: Mr Charles Frederick Pinney
Amount sold: 14,968 @ 69.75p
Value: £10,440

NR

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

JGGI Market Data

Currency UK Pounds
Share Price 394.00p
Change Today 12.00p
% Change 3.14 %
52 Week High 394.00
52 Week Low 224.00
Volume 190,054
Shares Issued 144.76m
Market Cap £570.35m
RiskGrade 110

JGGI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.60% above the market average7.60% above the market average7.60% above the market average7.60% above the market average7.60% above the market average
23.72% below the sector average23.72% below the sector average23.72% below the sector average23.72% below the sector average23.72% below the sector average
Price Trend
62.53% above the market average62.53% above the market average62.53% above the market average62.53% above the market average62.53% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Income
42.41% below the market average42.41% below the market average42.41% below the market average42.41% below the market average42.41% below the market average
64.84% below the sector average64.84% below the sector average64.84% below the sector average64.84% below the sector average64.84% below the sector average
Growth
34.54% below the market average34.54% below the market average34.54% below the market average34.54% below the market average34.54% below the market average
20.86% below the sector average20.86% below the sector average20.86% below the sector average20.86% below the sector average20.86% below the sector average

JGGI Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 26-Nov-20 27-Aug-20
Paid 08-Jan-21 02-Oct-20
Amount 3.29p 3.29p

Trades for 27-Nov-2020

Time Volume / Share Price
16:35 30,761 @ 394.00p
16:29 1,181 @ 379.00p
16:27 2 @ 378.00p
16:26 48 @ 378.00p
16:26 400 @ 378.00p

JGGI Key Personnel

Chair Nigel Wightman

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