Johnston Press Share Discussion Threads

[netcurtains] 18/12/2016 19:33

stdyeddy:
Its one heck of a web site that is for sure:


What other newspaper carries a story like this:



JPR - its the BEST NEWSPAPER IN THE WORLD!!!!

[stdyeddy] 18/12/2016 19:10

It's in the last set of results Salty. The i has made loads of money for jpr. If they could get another i they'd have 20:20 vision and be profitable. It's the rest of the group that's losing money.

[saltaire111] 18/12/2016 18:48

Listen folks - the purchase of the i newspaper is NOT a positive for JPR. They must be mad paying £24m for a national title. They are money eating beasts - they should have paid down more debt and concentrated on improving returns from some of their better regional markets. It was a vanity purchase and makes no sense whatsoever.

They're piling up costs trying to shore up the circulation volumes. national newspaper advertising is a busted flush, particularly post Brexit.

Salty

[stdyeddy] 18/12/2016 18:34

Thanks mrsx. Evidently they've not been bought and cut to ribbons then. Circulation holding up (it's a free paper, but they must be managing to get enough advertising). So that's two papers at either end of the spectrum that jpr is managing well. Not sure about jordan's 20,000 claim (he should take the 'argus' off his linkedin name - his old employer and the B&H rival owned by Newsquest). That might be readers rather than copies but many thanks for looking.

Director buys - well we'll know soon enough. They've not been very enthusiastic for years as far as I can see.

[mrx9000] 18/12/2016 16:35

Signing into my Sunday forum perusal and a few more posts this week on here, which is good to see.

Not to sure stdyeddy in regard Brighton paper, but here are my initial findings...

- They seem to have staff in certain roles that you don't normally see at a local newspaper, for example on top of the normal editor role, you also have a Political Editor and a Deputy Political Editor. They also have a Education/Nostalgia Editor and an Entertainments Editor and a Communities Editor and a Deputy Editor Communities Content Editor. The Sports Editor role is standard and obviously the Editor role is standard stuff, but the others do not exist on many regional papers, hence rather unusual.

- In 2014 it had a circulation of around 45k and when JP took it on it had 13.3k. Looking at this chaps Linkedin account, it has around 20k weekly now.
hxxps://www.linkedin.com/in/jordantaylorargus

If the 20k weekly is correct than they have actually grown, which is understandable in that particular area.

What I would like to see now are director buying... they may still be in possession of price sensitive information e.g. imminent buying of bonds, hence may not do that until that is out of the way, however I do have a gut feeling their may be a bit of buying next week.

[joker199] 18/12/2016 14:12

I beg to differ,possible target in 30 years will be £30 a share, todays equilivant of 30p. So roll on 28p in 2017, and I'm out of here.

[dazzaa] 18/12/2016 11:34

Yes it's a good starting point my target is £6.05 but that is in my personal capacity my professional view is £12.37 within 30 yrs.As always I could be wrong, possibly.

[firw00d] 18/12/2016 11:26

Happy. . . . mate i would be mortgage free !!

I was disappointed with the initial reaction to the news, Seems like the market expecting more ?

16 mil in cash, How much of this will be used to buy back bonds ? (Surely that's the only option) I think this will be the indicator for us going forward.

Dealings over the last year look positive to me in my limited knowledge of things.

[stdyeddy] 18/12/2016 03:33

Rotfl dazzz!!!

[netcurtains] 17/12/2016 17:39

Dazaa:
Nope - your wrong-ish. The FT reports that "outlook improved for local papers" - TRINITY PRESS (TNI) went up 10% on the news (like JPR) . In many ways Trinity are like JPR - they own one national title (Daily Mirror) and some local papers like "Surrey Advertiser" - They are worth in the HUNDREDS of MILLIONS..

see news item from FT (under news section):

[dazzaa] 17/12/2016 14:22

Yes interesting standpoint I've got to admit, but not one I would look from a great height, though better with wearing rose tinted spectacles that I have earmarked for those special occasions when standing behind net curtains in my darkest hour before the dawn of realism hits me.

From experience most of my stock pickings take me by surprise when they do go up only because I've forgotten about them so JPR will never go up until my dementia worsens then every day will be a surprise!

[netcurtains] 17/12/2016 13:52

In February 2016 the company announced JPR was buying "i" newspaper for £24m.[18] The deal to buy i was completed on 10 April 2016, giving Johnston Press a daily print circulation of over 600,000 newspapers and an audience online and in print of almost 32m people.[19]


In July 2016 it was announced that Tindle Newspapers planned to acquire JP's three Isle of Man titles in a deal worth £4.25m.[20]

Dec 2016 Iliffe Media is set to buy 13 newspaper titles from rival publisher Johnston Press in a deal worth £17m.

The whole cost of buyin "i" has now been covered by selling a few regional papers over the space of just 12 months!

[netcurtains] 17/12/2016 09:08

stdyeddy:
The share price indicates that the market makers have earmarked this stock as having a 1:8 chance of recovery to a price over £1.

I think those are good odds. I think its closer to 1:4 chance.

So if I bung in £500 I think, if this horse comes in, I'll get 8*500=£4,000 profit or it will go bust. With the SALE of assets just gone through, I would have thought the odds of 8:1 will shorten soon, so, if you want to make the most, I'd say the early bird will catch the old earmark before someone stamps hallmark on the pigs forehead and a rocket up its rear end.

If you want to find the bottom of the PRINTED press market I'd say, judging by Fox News share price, the bottom has been and gone (a couple of months back). This is the PRINTED words "darkest hours" - just before the dawn.... NEXT LOGICAL STEP FOR LOCAL NEWSPAPERS????
Wack them on Kindle.....

We need that Kindle money to add to the pot! They should start CHARGING for Kindle editions!!!

[dazzaa] 16/12/2016 22:54

Now now eddy it'll be curtains for all of us unless the share price makes a move.What with Another year of Lord C giving us his rants I could turn to religion again but I'm not sure now which ones I've tried.

[netcurtains] 16/12/2016 22:39

hi stdyeddy:
english is not my strong point (I'm not a journalist or publisher) but earmark is actually the "write" word or phrase. From the web:



Johnson Press has the earmark of a share that could go up loads over the next few months.... It does not mean it will, but it could!

If you have assets and you have buyers then all is not lost. I'd say its looking quite good.

Earmark this stock as a potential winner (in the penny stock rocket stakes for 2017)

[stdyeddy] 16/12/2016 19:47

I think you mean hallmark, beefcurtains. Not sure why you have to admit it. You weren't denying it before, were you?

[netcurtains] 16/12/2016 16:47

I have to admit this does seem to have the ear marks of a stock that might do well in the coming weeks, months

[dazzaa] 16/12/2016 16:38

That's fine Nick but I'm not a number cruncher so if we haven't got the titles as assets, the profit they normally made without exceptional expenses, nett would have been be how much per p.a. and does the price they paid relate to what would be considered fair value?

[nick rubens] 16/12/2016 15:37

quote from RNS

"For the 26 weeks to 2 July 2016, revenues attributable to the Business were £5.5 million out of the total revenues for the Group of £114.2 million, and operating profit after exceptional expenses and before net financing costs and tax costs were £1.6 million out of the total operating loss after exceptional expenses and before net financing costs and tax costs for the Group of £211.4 million. As at 2 July 2016, the gross assets attributable to the Business were £1.8 million out of the total gross assets for the Group of £379.9 million."

[nick rubens] 16/12/2016 14:26

Next RNS should be how much debt they purchased for cancellation.
Roll on a few more titles being sold.

[mrx9000] 16/12/2016 14:21

Now that this piece of price sensitive info is out in the open, we may see some directors dipping into their pockets...

[jamdan1] 16/12/2016 13:22

People realising the significance of todays rns now.

[stdyeddy] 16/12/2016 12:51

lol Dazz! Btw, your sense about the ink drying was completely right!

Salty, the i is the only bright spot in newspaper publishing and has single-handedly prevented jpr's last set of profit numbers from going straight down the toilet (though they remain poised on the toilet bowl for now). At the moment it seems like a good purchase.