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
  -0.375p -10.15% 3.32p 3.15p 3.49p 3.49p 3.25p 3.25p 253,913 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 201.6 -95.0 -74.6 - 3.52

Johnston Press Share Discussion Threads

Showing 8901 to 8924 of 8925 messages
Chat Pages: 357  356  355  354  353  352  351  350  349  348  347  346  Older
DateSubjectAuthorDiscuss
11/7/2018
11:49
Not liquidation. I expect the PPF may take pension scheme with some cash, and maybe some anti-embarrassment equity.chumk of bonds converted to equity, hugely diluting existing holders. Ords like punting a roughy in the last at Kempron Park!
nicholasblake
11/7/2018
11:07
Is this company heading for liquidation?
kingston78
07/7/2018
11:35
I wonder if there are any P.I. left on the register ?
rabbrooks
02/7/2018
14:20
Ager-Hanson is only fulfilling any expectation one can have on this person. He has made himself a seriously bad name in Sweden and there will no doubt be many smiles around when his significant loss on the Johnston investment crystallize - how did the Norwegian think here? This was a dead duck from Day 1 and it did not take an Einstein to see that.
baner
28/6/2018
12:48
People are just selling to get anything now, rather than nothing at all, it won't be long till it's suspended
baticle
27/6/2018
11:42
Jeez - can anyone see any situation where there will be any residual value left for shareholders? Cashley should hang his head in shame. Not been Ager-Hansons best investment either has it. So much for the Rottweiler More like a Chihuahua...
ianio5691
27/6/2018
11:40
The end is nigh. Please exit in orderly manner before 0.1p.
dark energy
27/6/2018
11:30
Lord C. >>>> deadly Problem is the titles are not worth the value of the bonds. for example the Scotsman will be lucky to fetch 10% of book. Am looking forward to Dazza and his friends posting.
lord c.
27/6/2018
09:17
Pile of dross.
rackers1
27/6/2018
09:16
Bonds 95%. Need the ords to vote it through. Same result.
nicholasblake
27/6/2018
08:30
Rat race to 0p? Debt holders takes 99.99%. delta shorting. Buy the bonds sell the shares. That's how it works, MUGS.
deadly heisenberg
24/6/2018
10:13
Can't believe this is worth it 5 million
cryptotrade
05/6/2018
12:45
The full article from the Tele: "Johnston Press is in talks about a deal that would hand control of the newspaper to a US hedge fund and jettison its underfunded pension scheme. It is understood that the publisher of the i, The Scotsman and more than 200 local titles is in debt restructuring discussions that include plans for a Regulated Apportionment Agreement (RAA) that would offload its pension scheme to the Pension Protection Fund (PPF). The restructuring, which has not been agreed, would mean Johnston Press would fall under the control of GoldenTree, the main owner of the £220m debt pile. The bonds are due for repayment in June next year and the publisher has said that it will not be able to refinance them in a tough local newspaper market. It is now in discussions with GoldenTree and pension trustees towards an RAA. The Pensions Regulator and PFF rarely approve such a manoeuvre and only when the alternative is insolvency. Johnston Press has a pension deficit of £47m on liabilities of £609m. If agreed, an RAA would allow GoldenTree to take control and jettison pension liabilities without triggering a potentially damaging administration. To win approval from the regulators the hedge fund would need to make a payment into the pension scheme. John Ralfe, the independent pension expert, said: "An RAA requires a cash contribution bigger than the PFF would be able to recover from an insolvency procedure". Such discussions leave ample room for wrangling over the value over the potential financial outcome of a hypothetical administration, however. GoldenTree has built up a powerful position in the discussions over the future of Johnston Press by buying up the bonds at a discount. The publisher is value at less than £9m on the stock market as equity investors have pulled out. The first details of a potential debt-for-equity swap have emerged as the Johnston Press board prepares to face remaining shareholders at its AGM in Edinburgh today. The will avoid a confrontation with its top shareholder, Norweigan entrepreneur Christen Ager-Hanssen, after he revealed plans to boycott the event. Johnston Press has been working with advisers from Rothschild on restructuring options for 18 months. Chief Executive Ashley Highfield is due to bow out today to be replaced by finance chief David King. Johnston Press declined to comment." Hate to be negative (!) but how on earth is ANYONE going to emerge from the current situation with anything of value?!
mitch74
04/6/2018
23:18
Thanks, Brink1. As I said above, no future unless pension scheme does a deal. Expect massive dilution for ords.
nicholasblake
04/6/2018
22:00
Looks like debt for equity swap and trying to offload the pension fund - https://www.telegraph.co.uk/business/2018/06/04/johnston-press-talks-ditch-pension-fund-deal-handing-control/
brink1
30/5/2018
15:56
the trend is your friend, and the trend here folks is ....... DOWN
rackers1
29/5/2018
17:00
The company is in the grip of the bondholders. Either the pension scheme accepts shares in lieu of a big chunk of equity or receivership beckons.
nicholasblake
29/5/2018
15:15
A friend of the Viking though - https://www.telegraph.co.uk/business/2017/10/14/norwegian-raider-attacks-johnston-press-board-fee-suckers-coup/
brink1
29/5/2018
14:42
So the 2 x 1M wasn't the Viking.. getting very interesting with AGM approaching..
wadget
29/5/2018
10:13
Must be the Viking: v interesting if someone else. Wonder who he got them from? CA possibly? I did read on the CA website that they (CA) took quite a large hit on the tranche that they last sold to Viking. Nothing on the JPR website yet...
mitch74
25/5/2018
10:09
2 x 1000000 buys this morning, probably from Christen Ager-Hanssen!
snake
14/5/2018
11:25
AGM is 5 June but up in Edinburgh...
mitch74
14/5/2018
11:20
When is AGM?
nicholasblake
09/5/2018
11:59
Good post s1zematters. When I read the most recent 17 results, the growth in the i profits looked staggering, and then you the saw equally staggering decline in the core regionals business. And it’s hard to know how much cost has been allocated to the core, thus flattering the i. The i is a lefty heaven
albert zog
Chat Pages: 357  356  355  354  353  352  351  350  349  348  347  346  Older
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