Share Name Share Symbol Market Type Share ISIN Share Description
Johnston Press LSE:JPR London Ordinary Share GB00BRK8Y334 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.875p -7.14% 11.375p 11.00p 11.75p 12.00p 11.25p 12.00p 478,671 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 222.7 -300.3 -234.5 - 12.04

Johnston Press Share Discussion Threads

Showing 8501 to 8525 of 8525 messages
Chat Pages: 341  340  339  338  337  336  335  334  333  332  331  330  Older
DateSubjectAuthorDiscuss
28/7/2017
10:29
This seams to be no confidence left here ! Buying opportunity ?Sicknote
s34icknote
24/7/2017
12:38
Hello my old friend Dazza, The more I hear about JPR the more convinced I am that my long term view that there is no shareholder value is still valid. Balance sheet valuations would appear to be a tad optimistic - for example I doubt if The Scotsman would value up to a tenth of the hefty price JPR paid. The market cap of the entire company is less than half the price JPR over paid for the I (an excellent 50p worth of read). Refinancing this can of worms is not going to be easy especially when we read of at least twelve local (non JPR)titles which have gone belly up in the past three weeks. Methinks Crystal Amber and Goldentree will be lucky not to get their fingers burnt.
lord c.
07/7/2017
15:39
Hello anybody any idea why the drop in the share price today with such big volume not seen much on here about JPR for a while unless my system is not picking things up properly
silvergreyhead
05/6/2017
16:13
Hedge funds and restructuring experts are developing plans for a major consolidation of Britain’s local newspaper industry, using the debt struggles of The Yorkshire Post publisher Johnston Press as a catalyst. The company’s lenders are understood to be in talks with management and shareholders about pursuing potential mergers with rivals including Trinity Mirror and Newsquest, which is owned by the US newspaper group Gannett. Senior sources across the sector see further consolidation as inevitable and necessary to preserve what remains of local newspaper coverage. Local publishing has been ravaged by the shift of classified advertising to Google, Auto Trader and Zoopla, which has come alongside tumbling newspaper sales as readers move online. The discussions are at a very early stage and may not directly lead to a deal. Restructuring the Johnston Press balance sheet is the priority. The potential for consolidation and cost savings in local media is nevertheless viewed by holders of Johnston Press’s £220m in bonds as a possible lifeline. Hedge funds have bought up the debt at a steep discount as Johnston Press has struggled and the total value of its shares has collapsed to less than £15m. The bonds are due to be paid back in 2019 but Johnston Press has called in restructuring advisers from Rothschild to engineer a rescue plan. A printing machine at a Johnston Press factory A printing machine at a Johnston Press factory Credit: Newscast The biggest bondholder, GoldenTree Asset Management, which owns Johnston Press bonds with a face value of around £70m, has the whip hand in discussions. The hedge fund has significant experience of local newspaper consolidation, having backed the merger of two major Canadian publishers two years ago. Sources said that Johnston Press could pursue a merger with a rival UK publisher at the same time as restructuring its balance sheet. The fate of shareholders in such a scenario is not yet clear. A debt for equity swap is seen as a possibility, although investors could be asked to pump more cash into the company to participate. Talks with major shareholders, led by the activist fund Crystal Amber, are taking place as part of the complex manoeuvring around Johnston Press. The 250-year-old company built up heavy debts in an acquisition spree prior to the financial crisis as it bought regional titles such as The Scotsman at top prices. Nevertheless, Johnston Press recently acquired its first national title, the i, which has performed well and is likely to become more profitable once a printing contract with Trinity Mirror is up at the end of the year. It also runs a growing local digital advertising business, 1XL. It is understood the company could update the market on its restructuring as soon as its next financial report, due in August. Share this article
dazzaa
03/6/2017
22:05
http://www.telegraph.co.uk/business/2017/06/03/hedge-funds-eye-local-newspaper-mega-mergers/ This is interesting, debt restructuring with a possible debt for equity deal and a merger. Very early days and not sure how true. I see Crystal Amber are getting very vocal on Hurricane Energy recently as well.
brink1
02/6/2017
00:05
Why have they said they need the money for working capital purposes...they should already have the money from the East Anglia/Midlands titles sitting in the bank doing nothing unless management have already spent all of it. They need to use the money to buy back some of that expensive debt at a significant discount. Management are shambolic.
thevaluehunter
01/6/2017
16:17
Even the news on the sale raises no ripples on the SP
dazzaa
01/6/2017
16:15
My thoughts exactly on the bonus. More concerning as you mentioned earlier is where the cash pile has been put, Hidden from sight it seems instead of practical use. But what hope do we gather from directors that do not invest in their own company with their own money, I do fear eddy that unless AH and his cohorts are booted well away we will suffer another five years of limbo and as for amber, well I can't say, but disappointment may be in the vocabulary, let us see. As said before why do the major shareholders retain their holdings not seeing any return for an expensive investment and still give them a vote to do the same again and again ?
dazzaa
01/6/2017
12:11
Well it'll probably cover Highfield and King's bonuses for a couple of years. All quiet on the amber front by the look of things. More news needed I think dazz.
stdyeddy
01/6/2017
11:28
Johnston Press has agreed the sale of its freehold property Telegraph House in York Street, Sheffield to Toscafield Property 2 Limited. Johnston Press said the total consideration receivable by the company on completion would be £3.6m in cash, with no deferred element. It said completion was expected to take place by 30 June and the proceeds would be retained by the company for working capital purposes. Johnston Press said the Sheffield property was currently occupied by some of the company's sales and editorial staff, who would remain in the building for a short transitional period before moving to new fit-for-purpose premises. Good news?
dazzaa
24/5/2017
08:40
Well the vote wasn't rebellious enough, but showed some disgruntlement over pay/rewards etc. Until we hear of some Bond Holder negotiations and a proposal to restructure I doubt much will happen. Sit tight and enjoy the ride up when it finally comes. We've seen how quick this will shift when no one sells and a just few buyers want in.
nick rubens
23/5/2017
15:29
Same here the films are poo but I like the name! I'm hoping to claw that 10k back elsewhere and I still have 35k shares here which could still make a profit?!? You never know.....
obiwoncanary
23/5/2017
15:21
Struck down as in a direct and catastrophic blow from a light saber, whereupon Alec Guiness's clothes collapse instantaneously to an empty heap on the floor and the bemused Vader treads around on them to figure out where he's gone. You chose the name. Am not a fan of the film franchise btw. Saw the first one reluctantly back in the last century when it was gobsmackingly original. Now a bit so so. Anyway, a bit of a blow but not catastrophic. Good luck on something else. jpr is a massive gamble as everyone here knows.
stdyeddy
23/5/2017
14:53
10k hit :-( I've just totally lost faith. I've missed out on many other risers, the worst thing is I sold purple bricks at 1.50 to buy JPR. A painful experience. I only had 116k shares so what you mean about struck down?
obiwoncanary
23/5/2017
14:50
I don't think there's much point in watching the intraday price here. This stock's been known to move a full penny on barely any volume. Events and results are the deciding factors in my view. Hopefully you didn't take a bad hit obiwan. Although as I understand it, if you had been struck down, you would have become more powerful than we can possibly imagine. And if that has actually happened, could you take your powerfulness over to jpr HQ and dispense some canary yellow persuasion so that we get new management?
stdyeddy
23/5/2017
14:17
I sold out this morning at a 50% loss. Feels like the wrong move already as the bid proce has risen more Han a penny already
obiwoncanary
23/5/2017
13:58
obiwoncanary Hold tight is all I can say. I may be adding some additional JPR shares before the end of the day. The best time to buy is when you least feel like it and JPR certainly is one of those least feel like it moments.
nick rubens
23/5/2017
09:50
I'm with you dazz. Amazing that the other shareholders haven't got behind CA. Baffling from every direction. Evidently Rich B has not been trying to get a consensus approach. I thought that that would've been one of his tactics. Very surprised about how the sheep have continued to let the management wolves get away with it again. Shows you something about Rich B - he ain't a leader of men. Shave off the beard, that's my advice. Anyway, the ball is back in his court now. I reckon it's up to him and the bondholders to act.
stdyeddy
23/5/2017
08:10
Any predictions for the short term?
obiwoncanary
22/5/2017
22:54
Looking from my perspective I find little from CA's Contribution but am I disappointed? Too right but did I really expect fireworks, no.What I cannot fathom is why the major investors, well 60% of them follow as they do with no revolt.Am I truly such an idiot to have set my expectations higher.
dazzaa
22/5/2017
22:53
hxxp://www.cityam.com/265194/bonuses-should-based-success-ouch-johnston-press-walloped Richard Bernstein, who leads the Crystal Amber fund, told City A.M.: “We think the [chief executive and finance director] should be adopting an ‘all hands on deck approach’ rather than thinking about bonuses. Bonuses should be based on success.” Can't really argue with that comment.
brink1
22/5/2017
20:16
Was hoping for something a little more positive than the same old. Back to the waiting
obiwoncanary
22/5/2017
17:12
business as usual going from the votes....
ep0ch
22/5/2017
14:05
Are you there eddy ? I need an unbiased factual detail of the lunch provided as this will provide a guide to the subconscious message that the board is really telling us.
dazzaa
22/5/2017
11:39
That could well be, as I doubt CA bought their stake to just be inactive investor. Something will have to come at some point.
nick rubens
Chat Pages: 341  340  339  338  337  336  335  334  333  332  331  330  Older
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