Johnston Press Share Discussion Threads

[ianio5691] 12/1/2017 16:36

What do your psychic powers see for the share price now Nick..

I reckon a quick blast up to 24p in next couple of days...then onwards and upwards.

[nick rubens] 12/1/2017 16:33

and I'm a psychic! I did say a mystery buyer, that's how psychics work. lol


Nick Rubens
12 Jan '17 - 12:46 - 7185 of 7193 0 0 Edit

Sounds like we can expect a holding RNS anytime soon that will reveal the mystery buyer.

[ianio5691] 12/1/2017 16:32

Excellent deduction MMD... so where next for the share price?

Anyone any thoughts?

[jamdan1] 12/1/2017 16:32

Are they planning a takeover?

[mister md] 12/1/2017 16:29

seems my maths was spot on ;)
Mister MD12 Jan '17 - 12:29 - 7184 of 7192 0 0 Edit
well if it was CA they would now have 6.74%+11.89% = 18.63%, but wouldn't it have been announced on the same day?

[ianio5691] 12/1/2017 16:28

Well Well Well....

Expect some fireworks...

Now at 18%

[mister md] 12/1/2017 16:25

Crystal Amber it is !!!

[ianio5691] 12/1/2017 15:14

Crystal Amber also up to 14% in HUR now.... check the impact on their shareprice....

[ianio5691] 12/1/2017 15:04

An RNS confirming who our mystery buyer is would be nice.
Can't see that it can be anyone other than Crystal Amber, who have been openly accumulating for months.

If so, With a holding just short of 20%, they obviously have an agenda, and see an opportunity here... it has all the classic characteristics that they thrive on.... Check out the old Thorntons thread (THT)

Expect some shenanigans and an offer to take this private very soon!

[netcurtains] 12/1/2017 13:28

MD: so basically NO ONE CURRENTLY KNOWS!!!!!!!!!
Cant go on for long like this

One thing is for 100% certain... You cannot sell if no one buys.. So some one has bought that 12%.

[mister md] 12/1/2017 13:06

www.johnstonpress.co.uk/investors/shareholder-services/major-shareholders

[nick rubens] 12/1/2017 12:46

Sounds like we can expect a holding RNS anytime soon that will reveal the mystery buyer. Very Intersting developments and about time too.

[mister md] 12/1/2017 12:29

well if it was CA they would now have 6.74%+11.89% = 18.63%, but wouldn't it have been announced on the same day?

[mrx9000] 12/1/2017 12:25

So largest shareholding when announced will be CA with around 18% or so. Reminds me of Thorntons, which from memory they increased to around the early 20% mark.

[philjeans] 12/1/2017 12:24

Many thanks. So we still don't know who bought them. Let's hope it's TNI - BUT I imagine it'll be through a nominee co anyway.

[ianio5691] 12/1/2017 12:23

Could a bid be on the cards......? :-')

[ashthorpedo] 12/1/2017 12:18

LONDON (Alliance News) - Johnston Press PLC late Wednesday said a shareholder with a significant holding in the business has sold its entire stake.

The news company said Vidacos Nominees Ltd sold 12.6 million shares on Tuesday. Vidacos, Orbis Asset Management and Orbis Investment Management are all held under parent company Orbis Allan Gray Ltd.

Johnston Press confirmed the shareholding represented at least an 11% stake in the business, but not detail the exact stake held prior to the sale. Based on the company's issued share capital on Wednesday, the stake that was sold was equal to an 11.89% stake.

Johnston Press, as of November 8, 2016, said Orbis Investment Management Ltd was its largest shareholder with a 12.97% stake.

The sale was completed on Tuesday. Johnston Press held a general meeting on Wednesday, when shareholders approved the sale of Johnston Publishing East Anglia Ltd, which received minimal opposition.

Johnston Press shares closed 12% higher on Wednesday at 15.0 pence per share.

[mister md] 12/1/2017 12:17

yes odd that as date of transaction in rns is 10th january

[jackbal] 12/1/2017 12:17

think it means the general meeting

[philjeans] 12/1/2017 12:16

The Alliance news announcement says the holding was sold "before the meeting".

I don't subscribe so cant read the rest of the quote.

Anyone here got it?

Does it mean the last meeting with CRS?


???

[nick rubens] 12/1/2017 12:03

Many here know why we are invested here and what we are looking for in terms of buying back debt at a discount and potentially further asset sales, boosting the i etc. Just let it play out IMO and don't worry about the odd seller taking a pickle.

The bigger picture here is an awsome recovery turnaround and CA have spotted it too.

All the recent dips will be looked back upon as buy opps IMO. If i'm wrong I'll lose my money, simple as that. It won't be the first time or the last. lol

[netcurtains] 12/1/2017 11:52

remember it was in the 20s just a few weeks back

[ianio5691] 12/1/2017 11:45

wow - what was that all about...?

[mister md] 12/1/2017 11:44

definetely something going on ..