Trinity Mirror Share Discussion Threads

[harry_david] 15/7/2016 16:39

Exactly, the average sale price would so far be 1.20 or thereabouts so they feel they can answer criticism for selling more now.

[fewdollarsmore] 15/7/2016 16:27

Are aviva trying to get out at any sensible price it seems it is being taken down to generate buying so they can offload their shares..

[harry_david] 13/7/2016 12:29

Just bought a few more. Aviva are sitting on the elastic. When they finish we will get a 50% bounce and there will still be a lot left.
Yinyang, one more buy point, the current depressed level will attract opportunistic bidders.

[kazoom] 12/7/2016 23:03

Hello CJohn - are you there?

I know you have been sensibly "bearish" about TNI in the last few months, would be very interested in your honest take on this now.

[freddie ferret] 12/7/2016 17:44

Pension deficit?

[fewdollarsmore] 12/7/2016 14:08

Lord c I take it you have purchased some still sitting on fence but watching with interest. I have said it before and will say it again I do not trust Fox and do not believe he has the ability to steer TNI through the difficult times. Look at his track record with HMV.

[fewdollarsmore] 12/7/2016 10:34

Must say I am tempted to purchase but something is not sitting right with me. General market has been recovering yet TNI is going backwards surely this is not just down to the seller

[yinyang888] 12/7/2016 10:07

Just added a few more.
The current market cap is now not much more than what was paid for the Local World! Debt being reduced quickly, hacking issues soon history, p/e of 2.3, property underpinning pension liabilities, dividend providing income >6%, Brexit fear overdone, digital side expanding, cash generating for many years to come despite falling of traditional media.
Net asset value is 3 times current market cap.
Buy for me. DYOR.

[freddie ferret] 11/7/2016 17:39

Pension shortfall?
How big?

[fewdollarsmore] 11/7/2016 13:57

How much debt is left I seem to recall they were all but clear a couple of years ago did they increase it at some point?

[philjeans] 11/7/2016 08:31

Cash generation is the golden egg here - still throwing off surplus cash every week, despite falling sales, print and advertising.

Debt has been reduced every year for yonks and will very soon be completely cleared. Divs have been restarted and can be increased making this a solid income stock.

Chart is on the floor and going up.

BUY. DYOR.

[fewdollarsmore] 06/7/2016 16:07

Thank you spot

[harry_david] 06/7/2016 14:46

I have just bought a few more as well.

[harry_david] 06/7/2016 14:36

Spot, as a long term holder I am very worried an opportunistic bidder will turn up at £1.40, a 40% premium, which I think grossly undervalues the company.

[spot1034] 06/7/2016 12:45

Interim was 2p last year announced early August and paid in November.

Possible candidate for a private equity bid or MBO at this level? Or maybe - as speculated in one of these discussions a few years back - maybe a Russian oligarch who likes the idea of owning a newspaper!

[harry_david] 06/7/2016 12:38

Aviva are the sellers, unfortunately only another 20 million to go. When someone takes a decent bite out of this I am sure the market will regain its enthusiasm for the shares.
The problem is that no institution is buying minor shares at the moment.
Brexit has knocked ad revenues and the Daily Express has chopped its newspaper price but these are irrelevant at todays quote.

[fewdollarsmore] 06/7/2016 11:21

Do they have an interim div?

[ironstorm] 06/7/2016 10:59

Buy for me too - first time since they were in the 20s (sold out c130p).

Recent trading update confirms on track too and divi is a lovely underpinning.

[philjeans] 06/7/2016 10:55

Bought another 10k - fall well overdone and this cash machine will continue to pay down it's now small borrowings and increase divs.

Huge uplift coming when the shorters have to buy back the stock they've sold!

BUY for me.

[pvee] 05/7/2016 21:58

Like the few who follow this thread I've added and will continue if it trends down. Really no valid reason for the fall

[spot1034] 05/7/2016 20:14

Yield is now 6%.

[gfrae] 05/7/2016 17:52

Quite extraordinary how this is trading. Almost as if someone is deliberately trying to force the price down. On several days for example today large offers are shown on the offer which then drive the price down a further 2 or 3p.
It's what I might do if I was short.

[harry_david] 01/7/2016 10:30

Very good report. If it was not for Aviva these would be 50% higher.

[harry_david] 28/6/2016 13:48

Mind you the shares are so cheap even bad print ad figures will prove they are still cheap.
It looks as though Aviva are still selling, if they keep at it till Thursday it will make their half year of selling pressure appear clever, but they will be found out eventually.
The latest ABC numbers for online show Trinity Group viewers growing faster than most of the others including The Sun. That should continue to help the online revenue.