Johnston Press Share Discussion Threads

[ffaffaa] 23/9/2016 10:15

i went to the financial tab

[mrx9000] 23/9/2016 09:59

Ffaffaa: not sure which figures you have been reading but they are vastly out. Have you read the last set of reports? If not focus on the bond discount, the big reduction in pension and the track record of crystal amber. Also going back a few hundred posts or so here will also give you a better insight.

[nick rubens] 23/9/2016 09:55

ffaaffaa

Just look back at the posts. Debt restructure/cheap buy back is the key. In other words those holding debt have to right off/lose money this time for the shares to have future value.

1. Possible debt buy back but will they agree and accept a loss? Company still has profits to service this debt.
2. Debt for equity? Dilution?
3. Company needs to grow it's earnings rapidly to meet future debt obligations.

All tricky.

[ffaffaa] 23/9/2016 09:49

23m market cap and

308m debt!!!!!!!!!!!!


which insanity can induce a buyer?

or am i missing stgh??

[mrx9000] 23/9/2016 09:13

Dazaa/Stdeddy: morning chaps, have PMed you both

[netcurtains] 23/9/2016 08:56

Johnson Press - the publishers of the "i" newspaper and the Scotsman -

Share price rise?


I'm putting this down to all the news articles that OWEN SMITH has generated..

He personally has more or less doubled the ciculation of political news articles nationwide.

WELL DONE OWEN SMITH - WIN OR LOSE - you have done more for putting LABOUR in the news then anyone else in the past 30 years!!!

[netcurtains] 23/9/2016 08:46

Wow - very large trades!

[mister md] 23/9/2016 08:40

Surely another holdings RNS is due at any time now ?

[mister md] 23/9/2016 08:23

Good morning. Nice early buys going through today

[paulypilot] 22/9/2016 23:56

What's interesting here, and this is very speculative, is that JPR has looked insolvent for years. However, its debt is in the form of bonds, which are now trading at a deep discount to par.

So, if the company is able to raise some cash from asset disposals, and buy back bonds at a deep discount, then suddenly it might actually have some value.

They also seem to have done something interesting with the pension deficit.

Totally speculative. Look at the EBITDA. Although also, on the downside, look at the horrible declines in circulation & ad revs. So it looks finely balanced to me.

I'm long, but in the intelligent punts part of my portfolio, not the main bit.

Let's see what happens.

Regards, Paul.

[stdyeddy] 22/9/2016 22:19

Bob; low proportion of shares available (60% institutional owned) and hedge fund stakebuilding.

[robertjt] 22/9/2016 21:08

Why the big move today?

[mister md] 22/9/2016 20:08

Was over 40p during first half of this year (after hefty falls previous years). Would be good to revisit 40p before any potential corporate activity ...

[dazzaa] 22/9/2016 19:52

Yep mrx, but it will be steady as she goes before jack pot, more likely to see measured responses when bonds are being repaid and talk of t/o, though that unlikely to be considered till we reach above £1.50 ish but what do I know I'm sleeping on floor boards tell a lie we have his and her rugs.

[mister md] 22/9/2016 19:36

Will this be as yummy as what they did with choccies at Thorntons plc ?

[mrx9000] 22/9/2016 18:18

Stdyeddy: Same plan they have done with most businesses they have took large positions in imo...

[stdyeddy] 22/9/2016 18:12

Things is looking up dazz. Now I want to hear CA's plan for the business.

[bikwik] 22/9/2016 18:00

I have just started my own thread called BIKWIK and Technical Analysis. The first postings are on VLK. I will post lots more stuff as time goes by. I'll do my best to get it right, but no doubt i'll slip up sometimes. Still, hope it helps. (scroll back through BIKWIK for JPR stuff).

[miahkaysor] 22/9/2016 16:37

Good luck all.Boarded at 20p my buy of 58401 still not showing.

[dazzaa] 22/9/2016 16:35

Better eddy?

[philjeans] 22/9/2016 16:34

Nice - holding from 10.5 but no rush to sell.

RNS to come in due course - no rush for that either it would seem!

Keep the faith.

[mister md] 22/9/2016 16:30

added a few at 19.13p

[jackbal] 22/9/2016 16:29

reckon its a given looking at the AT orders. Even better if another major holder has increased imo.

[mister md] 22/9/2016 16:23

chart looking good. A Crystal RNS Holdings Incr would be nice now ...

[mister md] 22/9/2016 16:17

going ballistic now 19.25-20.5