Johnston Press Share Discussion Threads

[netcurtains] 14/3/2017 13:37

ADVFN says JPR has a PE ratio of 2!!!!!!!!!!!!!!!

LOL.....

Implication is JPR could be a FIVE bagger (eg normally should have PE of about 10).

[netcurtains] 13/3/2017 20:35

brando69: ...but the scotsman carries FIVE links to the i news online - so it (like all the other regional papers) is feeding into the i. There is no other way of looking at it IndyRef2 is good for newspapers ... It might not get them out of a hole, but its a GOOD NEWS story for newspapers... I agree its not gigantic good news but it is good news

[brando69] 13/3/2017 20:31

scotsman remains a sorry excuse for a newspaper. cut and paste mutton dressed as journalistic lamb

[netcurtains] 13/3/2017 20:18

brando69: The "i" and the Scotsman need sales - I think TWO YEARS of Brexit/IndyRef2 could indeed help circulation - Even I read the papers today! A blue moon event! News drives newspaper circulation.

Currently TOP FOUR STORIES in the i are IndyRef2

[brando69] 13/3/2017 19:59

you think scotsman sales figures are what will drive jpr? get real mon ami

[netcurtains] 13/3/2017 19:56

Come on guys, this IndyRef2 is BRILLIANT for the Scotsman circulation (and i).... Its going to run for the FULL TWO YEARS!!!!

This is just the news we need - we're cooking on gas!

[strongbuy] 11/3/2017 19:44

Breakout about to be confirmed this is sooooooo undervalued IMHO

[netcurtains] 10/3/2017 12:32

break out... possibly!

[stdyeddy] 10/3/2017 11:04

3.40am dazz? I was up too, mainly because am on Australian time (working with the antipodeans so they keep getting me to stay up v late).

We should be used to the wild moves on the sp; essentially it's just a feature of the low monetary volume traded. Two people buy/sell £20k each and suddenly that's a massive day on this share. Lots of people trying to trade this one now because of the expectations that CA has created. The absence of more RNSs suggests that CA has paused for now and PIs or others are making the waves while the marketmaker(s) move the share price around to create trade. I don't think this share moves in line with chartists' tea leaves interpretations, because of the small numbers of people involved and the febrile nature of the trading as in; quick CA is buying - BUY! Omg, CA has stopped buying - SELL!

Regarding the 29th, my guess is that we'll be seeing mixed results - high profit percentage but a continuing decline in overall revenue. The bond values seem to be ticking up ever so slightly. Am wondering if they've started buying back the debt. Might be a bit of news there. I definitely want to see how much cash jpr has on hand to progress that.

Doubtless Ashley the Sharecrusher will be spraying pointless corporate bs around on results day and rubbing his hands together with glee if the share price plunges. What I'd really like to see alongside the results would be news of his imminent departure and the name of a new CEO, tasked with improving the quality of the jpr product and selling more of the estate, followed closely by a new finance director and new non-execs. I mean, what is sky's man still doing on the board? Their holding must be worth buttons at this point and he's obviously not making any useful contribution; £40k a year being wasted there while sky spies on jpr's feeble attempts to grab a piece of the UK marketing spend. Jpr has far too many non-execs drinking tea and voting to soothe AH's vanity, and not enough business execs doing actual work. Glad to see an HR specialist come on board but they surely need someone in sales and marketing to get jpr competitive with Trinity and newsquest.

[netcurtains] 10/3/2017 06:57

Dazza: You never know a "gem" might be found or created. You do know that just 50% of Autotrader was sold £600 million.... Now that was a newspaper!

[stdyeddy] 09/3/2017 22:35

Unbelievably poor standard of written English as usual in this latest jpr announcement:

There will be a presentation for analysts held in the morning, if you would wish to attend please contact [e-mail].

Why is EVERYTHING they do so amateurish?

[netcurtains] 09/3/2017 18:24

thevaluehunter: Sheffield is a very middle class town with LibDem MP and "Ivy League" univesity..Should be worth a packet! Looking at the SIZE of that place in your pdf we have to be talking millions!

[thevaluehunter] 09/3/2017 17:12

Closing date for offers on the sheffield star freehold sale is Friday 17th March so hopefully we will get an update on 29th March.
hxxps://rapleys.com/wp-content/uploads/2016/05/sheffieldyorkstreet.pdf

[netcurtains] 09/3/2017 16:26

very very BIG day soon..
29(th) March 2017. RESULTS PLUS PRESENTATION...

Hopefully all will be clear soon... Big RISE or Big FALL or no change..
Take your pick....

But BIG BIG BIG DAY nevertheless

I will not sell my shares, I suspect people want to buy them cheap... I'm not going to let them.
(Notice the sudden flurry of negative posts .... ha ha , let them try)

[mali7] 09/3/2017 15:01

Karlos if u got time you can check few years ago on this post I said a crazy price target or 16p when it was over £1! I'm sure few old one here knows 😉And remember that
30p to 19p already 15p target hit is 50% drop 👍

[brando69] 09/3/2017 12:02

decided to sell out for now. ploughed the cash into HNL

[samdb] 09/3/2017 11:59

Sitting on both fib retracement and moving average support.Having a nibble but only a small amount until I see it turn.

[karlos885] 08/3/2017 18:19

Lord C, I don't doubt you are right in the long term if there is no buyer they will struggle to meet their debt obligations, but in the short med term to a suitor right now JPR is potentially worth quite a bit more than todays price especially when you consider the synergy savings.

Your point about Sir Ray? Sir Ray was never a suitor. Sir Ray is a fighter and will hopefully pull through but I'm sure he will retire very soon now.

[thevaluehunter] 08/3/2017 16:45

JPR sales in Q4 were up by 1% on prior year and they should have a fair amount of cash on hand following the recent disposals and trading since interim results.

In terms of servicing the debt the £19m of interest payments should be ok given the ebitda level + freehold sites. To reduce the debt they surely need to do sale and lease backs on all the freehold sites and deploy all available cash into buying back the bonds.

hxxp://cbonds.com/emissions/issue/76409

[lord c.] 08/3/2017 16:27

karlos885

I believe JPR assets are way overvalued and imo future earnings won't cover/ service their massive debt mountain leaving nothing for shareholders after disposals.

Trinity are a bad comparison - they have better titles, better management, better profits and nowhere near the debt.

I think JPR titles will eventually be broken up and sold piecemeal and not by management.

In the meantime 90 year old Sir Ray Tindle is very seriously ill. He is a major JPR shareholder and a leading player in regional newspapers. The industry awaits further developments.

Lord C.

[netcurtains] 08/3/2017 07:31

K885: Very interesting story in the Scotsman today.... If TRUE

[karlos885] 07/3/2017 21:20

Rabbrooks Crystal Amber specialise in shareholder value and would not involved if none was to be had, a firesale at these prices won't happen in the current climate. JPR has multiple suitors and a valuation at 100m would give us a reasonable return on our investment. This would not be an over valuation imho. You only have to look at trinity's purchase of local world to know this.

[netcurtains] 07/3/2017 18:22

Rabbrooks???
I think you're on the wrong thread mate .

Tomorrow should be good for JPR - plenty of people buying newspapers... Its time for the i, the Scotsman and the Yorkshire post to produce bumper budget editions.

[rabbrooks] 07/3/2017 17:43

MY local shop tell me that sales are dropping weekly in the jpr title. In an effort to interest younger readers the paper has a common middle entertainment section used by other papers in the group which is city orientated. The papers are sold up to 45 miles distant from Gl. & Ed. Goodness knows if anyone reads the articles. There is no local office, the two reporters work from home. The distant editor constantly uses the same photographs ,eg, the local court house was inserted three times in a recent edition. How the paper is going to survive is the big question.The only reason to hold the shares now is the possibility of an offer to buy at a fire sale offer price. When you consider the price of the merger between Aberdeen Assets/ Standard Life there is unlikely to be a benefit for JPR holders. Thankfully i got out with a good profit some time ago.