Daily Mail & General Share Discussion Threads

[nellie1973] 29/3/2011 09:16

Tipped in press today as a buy

[jgpgw] 07/2/2011 12:49

Afternoon all,

Daily Mail's AGM is on Wednesday, have a look at this thread if you are planning on attending:



John

[nellie1973] 05/1/2011 12:29

Broker note out-upgrade

[chingman] 26/11/2010 14:52

New note -

[brain smiley] 16/4/2010 10:04

Goldman Sachs has a neutral rating for Daily Mail, raising target to 599p from 494p

[brain smiley] 06/4/2010 10:54

Newspaper publisher Daily Mail & General Trust /quotes/comstock/23s!a:dmgt (UK:DMGT 522.00, +15.00, +2.96%) climbed 2.6%. The firm was upgraded to overweight from neutral at J.P. Morgan,575 target price, which said there is potential for multiple expansion and earnings upside.

Strong performance in business-to-business operations as well as cost savings have helped deliver resilient operating profit, and the shares have performed well, the broker said. "However, we think there is further to go," it said.

The U.K. election could impact on government spending and advertising but the broker said that it believes this is more than accounted for by cautious advertising revenue forecasts.

"Fiscal 2011 estimated operating profit in a blue sky scenario could potentially increase to 440 million pounds, versus out 323 million pound base case, which would result in a valuation of 670 pence or 32% upside," the broker said.

[brain smiley] 30/3/2010 11:49

Numis analyst Paul Richards described the group's trading update as "very good." On the consumer side, he is "very encouraged" by the group's comments about the January to March period. As a result, Numis has upgraded its earnings forecasts by around 5% and target price to 625 pence from 614 pence. It retains a "buy" rating on the stock as Daily Mail remains of its key picks for 2010.

UBS called it a "solid trading update" and kept its "buy" recommendation and 550 pence price target, saying the stock looked cheap at 11 times 2010 annualised earnings -- slightly above the sector average.

Panmure Gordon has a buy for Daily Mail, raising target to 575p from 500p,

[brain smiley] 17/3/2010 08:36

BROKER CALL:RBS upgrades DMGT
17 March, 2010 08:25:37 AM

Royal Bank of Scotland has upgraded DMGT to Buy from Hold, its price target to 560p from 450p and its 2011 EPS forecasts by 7% to reflect currency benefits, estimating that around half of profits are dollar denominated. The broker added that a more positive view on some of DMGT's cyclical exposures has also led to the upgrades.

[brain smiley] 17/3/2010 08:28

* RBS upgrades Daily Mail & General Trust to buy from hold, raising target to 560 from 450p

[brain smiley] 05/3/2010 13:18

Barclays Capital reckons first quarter revenue growth for fiscal 2010 was 'a tad light' at publisher Daily Mail and General Trust but there are 'clear signs of improvement in cyclical revenue streams.'

The broker has reiterated its 'overweight' rating and 535p price target for Daily Mail while remaining neutral on the sector.

'Management remains understandably cautious, refusing to sanction a rise in FY10 [fiscal year 2010] consensus (39-40p of EPS), given continuing uncertainty on economic growth,' Barclays Capital (BarCap) notes.

BarCap's earnings forecasts are largely unchanged following the recent trading update 'but recent trends underpin our confidence that top-line momentum will improve through the year.'

[aussiedonnie] 08/9/2009 14:14

Sold @£4.35, still holding a few.

[aussiedonnie] 07/9/2009 09:02

Anybody here?

[aussiedonnie] 25/8/2009 15:46

£4+ in September imo.

[spreadex1] 27/7/2009 20:41

Hello
Just thought you might like to know that Spreadex are taking positions on this stock at 20% margin, which means you could free up the remaining funds with your brokers if you transfer your stock.

No Stamp Duty or Capital Gains Tax!

Please call the financial room on 08000 526570 for more more information

[aussiedonnie] 05/5/2009 10:52

Looking good, £4 here we come. ; )

[simonlala] 19/4/2009 19:56

Thanks call-logger...that would explain the Trinity Mirror rise as well then.

[call-logger] 18/4/2009 08:40

According to the Telegraph, the rise was due to hopes that new ownership rules would help DMGT to offload the regional newspapers side

[gswredland] 17/4/2009 16:26

There has been a general rise with a lot of media stocks such as CHW...not sure of this has anything to do with it.

[simonlala] 17/4/2009 14:29

Can anyone shed any light on this rise?

[gswredland] 17/4/2009 13:25

yep nice!
wonder what has caused this?

[aussiedonnie] 17/4/2009 12:48

Up she goes. ; )

[kamukak] 29/3/2009 13:02

My target in any case is now 165p. They are losing advertising revnues, and debt is so big!!!

[john hampton] 27/3/2009 20:28

Trading update is due 21May I will be adding at these levels as a long term holder, already in as in previous post.

Enjoy & have a good w/end.

[kamukak] 20/3/2009 14:49

Hi guys, should I sell them or buy more to average down my holding, I really can not make my mind. Trading update is due on monday but I think its gonna be really bad, any views?