Emap Share Discussion Threads

[sparkie] 30/1/2001 22:42

yas0

As you seem to be the word of wisdom on this thread care to explain why you disappeared so quickly at 800p? (other than it was a hard and fast target mentioned in one of your articles above)

Having a rising stop loss helps to miss out on leaving the party too soon.

Level 2 screen has been showing those waiting to buy outnumbering those willing to sell for days now (probably excepting last Friday). At the back end of this afternoon buyers were exceeding sellers by almost 4 to 1.

Looking at a 12 month chart it could be starting to form an enormous double bottom. Or a little profit taking followed by a small rally would produce an inverted head and shoulders. This could set it up for a further 8% rally (740-800p)

Have further to run me thinks. May be a little profit taking in next few days.
Worth seeing if it can hold on to at least 780p (low mid oct after heavey fall) and clear 820p in next few days.

Trading update expected in next 5-10 days.

I know things were slightly different Mid Feb/early March last year but look at the impact on the Trading update on 4/2/00 made last year.

I bet your trade was the one timed at 15:58:00?

[clocktower] 30/1/2001 17:19

Thanks for letting me know adamh. We all suffer at times. Just as long as we get it right more often than not.
Next one please.

[yas0] 30/1/2001 16:59

adam h was last seen looking rather sheepish.......
well someone ought to teach you to listen a little more and speak a little less.
in case you missed it i repeat what i said 2 days ago....
'' emap will hit 800p very near term''well i sold mine for a decent profit a few moments ago
and it did.....
just for the record......since you claim this is your job ill teach you how to do it....
heres my next call determined from the charts...BT 800p or higher near term

and by the way.....i want no chilli sauce on my burger !!!!!!
close the door on your way out.

[adamh] 30/1/2001 14:25

Clocktower I closed my short for a chunky loss today, such is life.....

Yas0, I've never met such a small mind in such a big head before. Give it a rest
will you, this is my job, I don't turn up at your work and spit on your burgers do I ?

[yas0] 29/1/2001 15:51

adam h

sure ill learn some civility if you learn how to interpret charts.....
i say what i mean and mean what i say......
incidentally..merills were not the only ones that granted inflated valuations to tech stocks at the height of their boom...a host of others performed even more embarassingly....especially smaller uk investment boutiques like durlachers which reckoned qxl was worth 44 pounds...anyway i digress not.

whether the fed cut or not i think this will hit 8 pounds... if fed doesnt cut by 50 bp then it shows it thinks that economy is in reasonable shape and hence good for media stocks..if it does cut tmts will inevitably rise short term.
i guess truth hurts. it takes a bigger man to admit he got it wrong.

[damian] 29/1/2001 14:09

Hi all

From what i hear the fall in EMAP shares was due to the downturn in the USA.Rising today as investors realise that the fall was overdone relative to the exposure EMAP has to the USA.Rumoured to have been doing well in Europe.

IMHO DYOR etc

[clocktower] 29/1/2001 11:46

I closed my position early this morning for the record, at a loss.

[yas0] 29/1/2001 10:25

adam h

looks like its broken the channel on your chart today..

.......this ones heading to 800p in the very short term..
check the book....(level 2) it looks strong

well ..i guess theres always suckersa like yourself out there who pretend to look technical.

i guess you didnt like what the Observer said on sunday.....buy emap.merrill lynch reckon its currently worth at least 9.32.....

[clocktower] 26/1/2001 00:58

Anyone know anything about a gift web site they have or are about to launch?
Are they burning bundles?

[clocktower] 25/1/2001 14:57

Went short today Adamh.
Good luck

[adamh] 25/1/2001 14:45

I went short on emap a couple of days ago at 737.5, ( I'm losing ) But
I'm convinced there is a range breakout occuring... My money says: GOING SOUTH

[taximania] 24/1/2001 21:59

Tradesman - you are right!!!! i was thinking of wpp!!

[tradesman] 24/1/2001 09:06

I would want to see it go through 7.80 before buying , short term resisitance levelat 8.20-8.4o
imho

[taximania] 23/1/2001 21:55

Not a chartist but seems to bounce well from just over 800p - media out of favour at the momment .

[andy backhouse] 23/1/2001 21:47

any views

Andy

[andy backhouse] 23/1/2001 01:03

Could any chartists please shead some light on emap.
Have we seen the bottom ??? and what are the 3-6 months prospects.

Thanks

Andy

[brockman] 27/11/2000 14:24

Daily Telegraph
HOLLICK'S 1.75 BILLION STG BUY-BACK
Lord Hollick, chief executive of United News & Media, is planning to spend 1.75 billion stg in the next few months on the biggest-ever share buyback in the London market. To help fund this he is expected to ask Granada Media for cash in settlement for the three ITV companies it bought from United in July. Hollick is also understood to be ready to spend up to 1.5 billion stg on acquisitions as he refocuses United as a business-to-business media group, renamed United Business Media. New chief operating officer Malcolm Wall indicated that United could be interested in Emap's trade publications.
Brocks

[brockman] 27/11/2000 08:49

EMAP are considering selling its business publishing arm for some 750 million pounds to refocus as a pure consumer media group, Sunday Telegraph 26.11. He has told associates he would consider a reasonable offer for the business although he is not yet in active negotiations.
Brocks.

[djooh] 09/10/2000 14:52

took a profit and then bought back in again today....hope it stops falling!

[djooh] 29/9/2000 08:15

Baden

Thanks for the information regarding ema...I am watching very closely today and hope to be able to take a profit later.Good luck.

[baden] 28/9/2000 21:26

I kicked myself twice in one day when this went sub 900 (I think around 880) and then back to 930-940 - doesn't have a great order book and things change dramatically so difficult to actually get out on a high.

A bit about emap:

They used to be mainly UK and France based with the core areas in business and consumer magazines, exhibitions, radio stations and specialist cable TV channels. Recently now expanding their digital ventures.

In January 1999 they acquired Petersen in the US for circa $1.5b which took them into the FTSE100.

Since then they've bounced in and out the FTSE100 but have been in more than out on the last few reviews.

Products to note:

UK:

Magazines: FHM, Elle, Plaine Vie, Loaded, Heat, Red to mention just a few
Star performer - FHM - being released around the world

Exhibitions - Autumn and Spring fair at NEC
Star performer - great results and margins with future e-commerce potential

Radio stations - Piccadilly (Manchester), Kiss (London), Magic (London) plus others
Star performer - Piccadilly
Radio advertising now showing good growth in the UK generally (on the back of Virgin success)

TV: BoxTV
Star performer - the above

France:

Magazines: strong portfolio with I think second biggest selling magazine in the market

US:

Magazines: Biker and motoring specialism

E-commerce - committed to circa £250m spend over three years on digital spend - this released to the City - mainly to set up web-sites for magazines (largest FHM great hits), plus JVs and specialist sites

To answer your question:

I personally would get out at a high tommorrow and wait for the chart to settle down a bit - you know where it could be heading for by looking at the chart. As an alternative as you've potentially got in at a good price - if the price gives you some comfort by the end of play tommorrow then stay with it for a while. Media stocks seem to be getting a hammering right now.

Regards

Baden

[djooh] 28/9/2000 16:38

I`ve just climbed aboard at 894p....hoping for some short term recovery.....any views??

[baden] 06/9/2000 00:38

At last some decent news. These companies are more important than you think - they hold quality content - something that internet sites require. Value could be unlocked by future IPO's. No doubt the market will ignore this venture as well though.

RNS Number:4248QEMAP PLC5 September 2000
EMAP LAUNCHES MAJOR INTERNET INITIATIVE WITH WANADOO SA
Emap plc announced today that Emap Digital (France) has formed a joint venture
with Wanadoo SA, the quoted French internet company. The 50:50 joint venture
will bring together Emap's significant French consumer magazine content and
brands with France's largest internet provider - Wanadoo has unparalleled
distribution capability, with two market leading sites wanadoo.fr (portal) and
Voila.fr (search engine) which have a 66.6%* reach of all French internet
users and over 1.4 million subscribers.
The joint venture, to be called EMW, will initially have three key sites
covering major markets in which Emap - as France's third largest consumer
magazine group, with 33 million readers - already has a significant offline
presence:
- a newly branded celebrity lifestyle site linked to Emap's television
listings web sites - telepoche.fr (due to be launched 11 September) and
telestar.fr,- and Wanadoo's portal wanadoo.fr and its search engine
Voila.fr. The new site will benefit from content and promotion from
Emap's market leading television listing magazines Tele Poche and Tele Star,
which between them reach one in two French households on a weekly basis. It
is anticipated that other content providers will also join this site as
trading partners in due course;
- an automotive site utilising the content from Emap titles Auto Plus,
L'Auto Journal and Sport-Auto. The online versions of these magazines will
be linked directly to this new site. Furthermore, it is intended that Emap's
car pricing database, CAP France, will be used by the auto site as a basis
for developing e-commerce functionality;
- a women's health and beauty site which will derive content and traffic
from Emap's magazine Top Sante and which will be branded Top Sante.fr.
The joint venture will also develop destination sites for Emap's magazines in
the boating, hunting, fishing, gardening, golf, classical music, hi-fi, cinema
and photographic markets. Each company will retain control and ownership of
all the brand names and trademarks that it contributes to the joint venture,
and share the rights of the new brands within the joint venture.
Revenuesfor the new venture will be derived from advertising, sponsorship and
e-commerce. 'Wanadoo Regie' will be responsible for selling the standard
advertising products. The objective of both companies is for the joint venture
to be profitable in its second full year of operation. The eight person board
of EMW will have 50:50 representation from Emap and Wanadoo.
Commenting on the new jointventure Paul Keenan, Chief Executive of Emap
Digital, said:
'This link-up with Wanadoo represents a significant opportunity for us to
extend the reach and value of our titles and brands, andto do so in one fell
swoop and without the requirement for a major marketing budget. Wanadoo is the
clear market leader in providing internet access in France and, as such, we
couldn't have wished for a better partner. As the third largest consumer
magazine publisher in France we are linking with the country's largest online
distributor - it is a major opportunity for us and our futuredevelopment.'
'Connecting our content with a major, technically advanced online distributor
will reinforce our leading position in major and valuable markets in France.
This is a transformationaldeal for our French business.'
Commenting, the CEO of Wanadoo, Nicolas Dufourcq said:
'We are very pleased to announce this partnership. As the leading internet
provider in France, the driversof this deal are to ensure that we have new
and extensive content, which attracts users and, in turn, advertisers. Emap's
magazines cover a broad range of lifestyles and interests, and give us access
to well established, powerful and valuable brands and content. This
partnership will ensure significant growth of our audience, which will support
our position as a major advertising property.'

*Source: Netvalue, July 2000Enquiries:
Ian Griffiths, Group Head of Finance
Emap plc Tel: [phone]
Kevin Hand, Chief Executive, Emap plcPaul Keenan, Chief Executive, Emap Digital
Arnaud de Puyfontaine, President Directeur General, Emap France
(5/9/00 - all contactable at Emap France) Tel: [phone]
Tania WildFinancial Dynamics Tel: [phone]