Trinity Mirror Share Discussion Threads

[harry_david] 29/2/2016 10:00

Some really good stuff in today's report.
1. Retaining Cambridge papers in Local World in exchange for extra £2mil fee shows conclusive confidence in its acquisition.
2 Dividend up 5% at a time when nearly everybody is trying to find excuses for reducing. Yield at £1.60 is 3.28%
3. Digital display ad revenue rises 32.6% on 34% growth in page views. They are not losing out like other websites to wastage when users convert to mobile.
4. Cash flow after pension costs running at £65/70mil, should payoff acquisition costs of £93mil in just over one year.
5. New Day is a low cost risk that will breakeven on circulation of 100,000. If it does 200,000 it will be a nice little earner.

[harry_david] 20/2/2016 09:51

Apparently all the pressure on the price is coming from the same big seller we have seen for months, presumably Aviva.They must be on some time schedule to push he price so clumsily. Having once been a fund manager I am completely amazed by the way it is being handled. they should have asked their broker ( a house broker) to place the lot in one go at a slight discount to the market. That way they would have done better as well as leaving their broker looking respectable in in the eyes of all those they placed stock with for the purchase of Local World. Now both must be feeling sore and even worse seen as incompetent.

[spot1034] 17/2/2016 14:14

hxxp://news.sky.com/story/1643634/trinity-mirror-to-unveil-new-day-tabloid

[spot1034] 17/2/2016 13:57

Mark Kleinman has reported on Sky News thet TNI is to launch new national daily on Feb 29 called New Day.

[karlos885] 16/2/2016 22:26

I follow three media stocks, this one, johnston press, and john menzies, all three seem to be showing signs of the buyers coming back. I have a friend who runs a local investment company he told me a month ago when he was in hong kong, china has a 3 billion war chest to start buying resources again and will do so 6 month into this year. The spike in gold is just the start possibly! and oil is cheap. Interesting time ahead surely if inflation goes up interest rates have to rise.

[harry_david] 16/2/2016 11:50

OK I surrender.
Mind you The Mirror Group are well regarded for their printing expertise, The Daily Mail like them.

[karlos885] 16/2/2016 11:24

haha yes they're. I run the the commercial side, might explain the slackness! I have just actually spoke to Johnston press print manager today, they won't be printing it at this stage.

[kazoom] 16/2/2016 10:16

Or even : they're !

[karlos885] 16/2/2016 07:48

We print our newspaper through Johnston press, their great printers Harry!

[harry_david] 15/2/2016 08:07

I thought it had been renewed for five years. Even so I think it unlikely they would lose it, where would Johnson have the ability to do it themselves.

[gfrae] 12/2/2016 17:01

I presume TNI will lose the printing contract for i.

[onwego] 10/2/2016 19:09

Here's the link:

FT: "UK newspaper industry: re-writing the story". By Henry Mance

[gfrae] 10/2/2016 16:33

Thanks,Harry,I wondered why the price has been so weak recently.

[harry_david] 10/2/2016 14:59

There is a full page article on the newspaper industry in todays FT. It highlights the fall in the print side and the lack of current revenue growth in the online.
Whilst both of these factors have been obvious for some time, the article skirts round the areas of growth that are there and will be sources of future growth. It shows the negative mind set of many in the industry.
The upside for Trinity includes its cash flow and its printing business but most importantly they are a marketing machine with a very strong presence in millions of households. It will not take long for this to be converted into revenue, even if it is not the conventional way that everybody has talked about in the past.
We have an excellent management team with growing track record to achieve this.

[harry_david] 28/1/2016 11:22

Not sure the market is too impressed with the talk of launching a new daily?

[harry_david] 19/1/2016 19:13

Johnson Press are looking to sell some titles. Wonder who could be interested, it looks like all roads lead to Rome. They may be under some bank pressure which could make the price attractive.

[smicker] 13/1/2016 12:00

Express tried to buy the mirror

[harry_david] 29/12/2015 15:48

I heard the hedgie was telling everyone that after tripling his money on Local World he was going to double it again in tni. That does not mean he is not doing what you suggest of course!

[gfrae] 29/12/2015 11:25

Quite possibly one of the vendors of Local World, Lord Ashcroft's lot ? According to Private Eye a hedge fund he was connected to received some TNI shares for part of their Local World holding.

[harry_david] 29/12/2015 10:52

I wonder if this big seller has an end of year deadline? An experienced operator would never knock the market around like this unless his hand was being forced.

[harry_david] 01/12/2015 21:12

Gfrae,he looks desperate to do a deal, the price cut by The Star tells all. There is nobody else other than TRI as a possible suitor. Lets hope Fox continues to keep his distance.

[gfrae] 01/12/2015 13:23

What an extraordinary article in the Express !

[gfrae] 01/12/2015 10:12

I don't but perhaps weakness due to S.Times profile of Fox which also suggested that TNI was still haggling over the price of Express Newspapers ?