Johnston Press Share Discussion Threads

[nick rubens] 30/10/2016 10:15

cgod

I already have a few JPR ahead of hopefully restructuring news. A good RNS will almost certainly mean paying 20p plus but it won't be too late for longer term benefits of the share price and subsequently the company prospering hopefully.

[jackbal] 28/10/2016 10:33

Added a few on this pull back. Very confident of a return to 20p plus short term and a return to the uptrend this afternoon or monday latest.

[cgod] 27/10/2016 15:50

Will be to late to buy then Nick.

[nick rubens] 27/10/2016 11:45

The market seems to have acknowledged corporate restructure or any tentative moves towards such is now inevitable.

The last dip was a real cheap buy opportunity that didn't last long.

Averaging up might be the only option as dips have been taken at once. Must still be lots of buyers on the side (like myself) awaiting a significant RNS.

[dazzaa] 26/10/2016 20:05

I think the ultimate aim for JPR is to expand the i slowly and change the format to become more onstream ie like the Times (don't laugh too much) this will enable an increase in revenue done correctly, my thought is that features will broaden readership bring in different readers (advertisers) I'm probably wrong but again the impressive team the i retain are ambitious they will not stand still!

TNI is a leader in our sphere and JPR aspires to match them for total revenue from where I am Jpr will, it is now in ascendency, but there again as always I'm probably wrong.

[karlos885] 26/10/2016 19:40

watching this with interest, knowing the tindle company well who are close to JPR, there is plenty of value left in JPR. Many of the local titles strong holds in their areas continue to buck the trend.

I think the aqusuition of THE I was a genius move, the only growing national newspaper in the country. My only worry is, people buy the I as the most concise paper the drive increase revenue wit hfeatures etc, will dilute this and possibly prevent further growth.

[mrx9000] 26/10/2016 17:37

Gaining gradually at present. We should find out tomorrow what Gannetts intentions are with buying Tronc. I personally think they are nuts to pay so much for Tronc... and the market has already reacted over the last quarter as well. They could easily pull the plug on the deal, walk away, Troncs price would be shafted and no doubt its CEO will depart, then Gannett can make another approach in the not to distant future.

[mister md] 26/10/2016 13:38

nice rise, on a down day on the markets

[w1ndjammer] 26/10/2016 13:35

looks like we are on our way, should blast well up past the 20p mark this time

WJ.

[u696061] 26/10/2016 12:53

Great update from panmure potential for recovery is massive

[mister md] 26/10/2016 12:32

funny how many buys immediately trigger an 'AT' automatic trade buy - definetely robots at work on this share

[mrx9000] 26/10/2016 08:06

I see yesterday CA increased its stake in STV to around 13%, another company that is undervalued.

[nick rubens] 25/10/2016 11:33

cheers mrx

If JPR can get some asset sales sorted soon, then it should bring some attention and confidence back to the market that they are actively addressing the bond issue looming. However bonds can always be extended anyway so it won't quiet be Armageddon IMO, but for that to work I would have thought they need to show or convince the holders of growing profitibility. If they can reduce the amount of bonds outstanding by purchasing in the market, then that would be a great help.

Then the Gannett takeover possibilty is a very possible and interesting scenario.

I wonder if CA have enough stock to be bothered to initiate some deal themselves or if they are going to buy another chunk and then look to be a catalyst.

At this low level, I've made a maiden purchase after several years of being out of it after being dissapointed as a long term holder the last time round. CA buying made the difference for me.

[mrx9000] 25/10/2016 10:33

Nick: Corporate action if it happens will be quick, we may see volume coming in early if it does happen or we may not. As stdyeddy says Gannett said this week that it is cutting 2% of its workforce and looking for acquisitions. I may be wrong but my gut feeling is that Gannett may drop the Tronc deal, it has gone on for sometime and looks to be fairly pricey now, the clever move would be to drop the deal, Troncs stock would drop and then shareholders of Tronc would not be happy, later they can revisit. I see they have results on Thursday so may get an announcement then in regard Tronc.

I would like to see JP news out of the way in regard disposals, which could lead to some good director purchases, as they will be allowed to buy and hopefully we will see increased CA topups.

If I was to stick my neck out I would hazard an educated guess that JP will receive an approach before next June. If I was to really stick my neck out I would say that it will come much sooner than that.

[stdyeddy] 25/10/2016 00:04

Anything's possible dazz, although I reckon we're particularly good at delusion. We'll probably have a chartist spring up soon to tell us that a cup is forming so it's up and sideways for a bit. Who knows. It might be that CA has effectively put a floor under the price. If it got down to 10p again I reckon they'd load up with more. Plenty of people watching with interest. The relatively small scale purchases of late might however encourage the marketmakers to move the price around and stimulate action. Gannett have said that they're concentrating on acquisitions again so mrsx's long-running theory about a buyer might come to something if we sit here long enough. It would be great if something could happen here before man colonises Mars.

[dazzaa] 24/10/2016 21:22

I may be wrong, again but I believe (now) we have turned the corner and we'll see a steady though slight increases on the run up to Xmas or am I deluding myself again ?

[mister md] 24/10/2016 15:12

when I saw the RNS today I thought it was a director purchase - wishful thinking in hindsight

[nick rubens] 24/10/2016 12:35

Share price Turning upwards. Anyone sat on the side could be sitting for too long as corporate action is due one way or another.

[nick rubens] 24/10/2016 08:25

Isn't this company now worth less than what it paid for the inews? That's a pretty disasterous fall in value.

It can't be to long now before some corporate action/restructuring occurs. CA are now potentially an influence too. I wonder if they have got what they want yet or want to buy a bigger stake?

[hatey] 24/10/2016 08:11

They totally shook this Friday, have a look at the trades, hardly any sales, strong buying on all dips and they drop from 14p bid to 12p bid on a couple of small AT trades.

[cgod] 24/10/2016 07:32

Friday 21st October Very good for recovery now.



Johnston Press plc (LON:JPR) has been given a consensus recommendation of “Hold” by the six brokerages that are currently covering the firm. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 108.50 ($1.32).

JPR has been the subject of several analyst reports. Liberum Capital reissued a “buy” rating and set a GBX 160 ($1.95) price target on shares of Johnston Press plc in a research report on Tuesday, September 13th. Peel Hunt reduced their price target on shares of Johnston Press plc from GBX 27 ($0.33) to GBX 23 ($0.28) and set a “reduce” rating for the company in a research report on Wednesday, October 5th. Panmure Gordon reissued a “buy” rating and set a GBX 200 ($2.44) price target on shares of Johnston Press plc in a research report on Thursday, August 4th. Finally, Numis Securities Ltd reissued an “under review” rating on shares of Johnston Press plc in a research report on Thursday, August 4th.

Shares of Johnston Press plc (LON:JPR) opened at 12.625 on Monday. Johnston Press plc has a 52-week low of GBX 7.80 and a 52-week high of GBX 73.50. The stock’s market cap is GBX 13.37 million. The firm’s 50 day moving average price is GBX 13.96 and its 200 day moving average price is GBX 23.42.

[hatey] 21/10/2016 15:37

Ah it's on isdx just had some more which never showed up on monitor

[hatey] 21/10/2016 15:22

I bought a few times too, went out at 14p bid, come back and it's 12.5-13.25p but hardly any selling to warrant the fall back.

Chart turning, looking for 18-20p target price

[jackbal] 21/10/2016 13:23

Thanks Mr Md. got a bit lucky there!