Reach Share Discussion Threads

[simmsc] 14/9/2023 00:25

https://pressgazette.co.uk/paywalls/reach-reader-revenue-experiments-premium-apps-newsletters-ad-free-express/

[northwards] 13/9/2023 22:42

Hopefully relevant to Reach too: John Lewis Partnership is to cease making £10m annual deficit repair contributions into one of Britain's biggest private sector retirement schemes, with its latest triennial valuation expected to show that it swung into surplus.

[john09] 02/9/2023 10:44

You’re right about the insane volume on thurs 31st I missed that

[kelso29] 02/9/2023 09:22

A bit of short action recently, Millennium International opened a short on Tuesday 29th at 0.56%, increased to 0.64% on Wednesday 30th but closed to 0.00% on Thursday 31st.(there are currently no declared shorts over 0.5%)
Also high volume of 14.5m on Thursday 31 August.
Not sure why the share price dropped recently from 85p to below 70p, but it looks like it is on its way up to over 80p again

[the imperialist] 30/8/2023 14:56

This looks like it's breaking out of the base. Should test 120p at the very least. DYOR

[john09] 29/8/2023 11:01

10% and 3.

Crazy

I just dont understand why this one hasn’t seen the pension deficit turnaround like the rest of the ftse !

[john09] 29/8/2023 10:41

I did very well out of the aa. Shame it went for such a low price though.

[john09] 29/8/2023 10:18

Come on reach you sl4g

90 in September

[john09] 26/8/2023 11:37

Mark Kleinmann

EXCLUSIVE: The Barclay family has secured backing from Middle Eastern investors in an effort to regain control of the Telegraph newspapers and Spectator magazine. A bid worth between £500m and £600m was submitted to Lloyds Banking Group last week.

[ali47fish] 17/8/2023 18:30

lombard odier investing - is this first time? rns

[shanksaj] 12/8/2023 14:27

Hit because of Murdoch's News Corporation results.

[dr biotech] 11/8/2023 11:52

Some fairly rubbish results from news international this morning.

[the imperialist] 11/8/2023 08:47

Loaded-up on the back-test. Sell in May....

[grindnship] 11/8/2023 08:42

Why the high volume and drop so early? Can't find any news.. big seller or did I miss a downgrade in price target?

[bc4] 11/8/2023 08:42

Why the 5% drop?

[bc4] 11/8/2023 08:23

Think again

[john09] 10/8/2023 17:31

Should be 90p ish in sept I would have thought

[dougmachin] 10/8/2023 13:22

Come on RCH, FFS, let's stay above 80p for a start... then back to 120p would be decent.

[john09] 10/8/2023 10:10

This lot are kidding themselves again

[john09] 04/8/2023 17:19

HOLD ON TO YOUR HATS KIDS

[swynemap] 04/8/2023 13:34

I personally like the Telegraph website and their business model, but they aren't the right fit for Reach especially at the prices quoted.

Reach is concentrating on online advertising to the masses, and being one of the last companies standing in printing and newspaper sales. They've also got the premium ad free options coming online, off topic but I assume that they will be offering a cheaper individual title option and a more expensive total group option for this.

Where as the Telegraph is concentrating on subscription only models for selling quality journalism on individual titles, they've already gave their printing and the print advertising to Newsprinting/News UK on a 3 year contract so it might be difficult to even get those synergies for a while.

Reach would essentially need to run the Telegraph as a separate entity, and if the £400 to £750m required is available then it would be better spent on closing out the pension deficit releasing £50m+ contributions per annum and spending the rest on share buybacks if the price stays depressed, the EBITDA/EV for the Telegraph has been quoted at up to 12.5 which is significantly more than Reach.

If they want to expand again then City AM would have made more sense before THG got it as I believe they are already providing some printing services or if the Telegraph goes to DMGT then the regulators may make them get rid of something and in my opinion at the right price the Metro would be the best asset in the country for the Reach model.

[gfrae] 04/8/2023 11:20

Thanks for that Harry. May make sense, there must be synergies.

[simmsc] 04/8/2023 01:18

https://pressgazette.co.uk/media_business/enders-analysis-local-news-all-is-not-lost/

[dougmachin] 30/7/2023 02:05

john - yep, read that.

Good news, Wonder how significant it is or will be? Hopefully very.