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INM Independent News & Media Plc

0.0919
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Independent News & Media Plc LSE:INM London Ordinary Share IE00B59HWB19 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0919 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Independent News & Media Share Discussion Threads

Showing 676 to 694 of 1000 messages
Chat Pages: Latest  28  27  26  25  24  23  22  21  20  19  18  17  Older
DateSubjectAuthorDiscuss
12/6/2012
09:31
Hello.....ABLBO?

Figure it out!!!

caveat_emptor
11/6/2012
16:48
LBO...you're a real bundle of laughs!!!
caveat_emptor
11/6/2012
08:26
The Irish Independent wrote on Thursday about how Mick and his son had doubled their salaries even as their company was facing financial difficulty in 2008. Hmmm. What about the company which is balance-sheet insolvent, which owes its banks €427m, has declining sales, haemorrhaged shareholder value in the past year, which has a nasty pension deficit and which made a loss of €41m in 2011? That company paid its departing CEO a golden handshake of €1.8m. And the name of that company? Why it's Independent News and Media
lbo
11/6/2012
07:42
BANK OF Ireland considers Independent News & Media to be one of its "most challenged corporate relationships", according to a file note of a meeting on April 5th between the bank
lbo
09/6/2012
12:28
If anything GOOD to say can be found in that RNS....
I'm sure you will find it!!!

caveat_emptor
09/6/2012
08:08
INM currently has a pension fund deficit of around €148m and net debt of nearly €428m
lbo
08/6/2012
16:43
Well, it is as it may be.

But you have to question the Irish Takeover Panel,
sitting on the fence and watching the two boys act
in concert to effect a majority.

When do people act in concert and when do they not?

caveat_emptor
08/6/2012
16:10
A wee smell of burning garlic as insiders ossie and buggy thrown into corporate ditch.Fatty O'Brien now firmly in charge and will they now have to find a chair large enough for his posterior?
hermana3
08/6/2012
15:44
Where is update on dumping of chairman and cfo?
hermana3
08/6/2012
13:27
O'Reilly got a whopper of a cheque to go quietly. Must have the goods on someone....
hermana3
08/6/2012
13:23
Talk of rights issue
lbo
08/6/2012
13:20
O'Grady says....
caveat_emptor
19/5/2012
15:24
Independent News & Media has given a downbeat outlook for the rest of this year on the back of a 3.5% like-for-like fall in group revenue for the year to date.
lbo
19/5/2012
13:30
number cruncher crowley will be hard pressed to get revenues up! Wonder who fatty has in mind to revitalise this ailing yoke?
hermana3
18/5/2012
10:16
Indo group revenues slip in year so far
lbo
17/5/2012
04:32
Big is'nt always beautiful...........
caveat_emptor
15/5/2012
10:45
under the terms of the restructuring which saw eight banks roll over some €745 million of debts, the following condition was included in the agreement: "If one or more persons acting in concert gain control of the company (control being defined as 35 per cent of the maximum number of votes that may be cast at a general meeting of the company), a lending bank is not to be obliged to fund further utilisation and can declare outstanding borrowings immediately due and payable."

What this means is that no one can take control of INM without the approval of the banks unless they can refinance its debts.




Among the documents supplied to the High Court yesterday was a letter from Denis O'Brien to former INM chairman Brian Hillary on July 21st 2011. Mr O'Brien outlined criticisms and called for a new chairman and CEO to be appointed. "In my view, Vincent Crowley would be an ideal replacement for our chief executive," Mr O'Brien added. "Vincent has all the ability and experience required to immediately assume the role."

Mr Hillary stepped down to be replaced last October by lawyer James Osborne. In March, Mr Osborne informed Mr O'Reilly of contacts he had with Bank of Ireland, a major lender to the company, and Dermot Desmond and Mr O'Brien, both shareholders.

Pat Gaynor for Bank of Ireland agreed to proposed changes to the company's debt arrangements, but said "substantial changes to management were required", Mr Osborne's memo states.

lbo
15/5/2012
09:54
When is acting in concert, and pulicly doings so,
not acting in concert......

caveat_emptor
15/5/2012
09:47
Don't forget Investec could easily have said...sell INM now,
and reinvest in APN.

caveat_emptor
Chat Pages: Latest  28  27  26  25  24  23  22  21  20  19  18  17  Older

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