Reach Share Discussion Threads

[john09] 23/1/2024 14:09

They haven’t pulled a TS . Results are due in March if you look on the investors section . You could argue no TS = no bad news

[the imperialist] 23/1/2024 14:00

Is Reach plc (LON:RCH) Potentially Undervalued?

While Reach plc (LON:RCH) might not have the largest market cap around , it received a lot of attention from a substantial price movement on the LSE over the last few months, increasing to UK£0.80 at one point, and dropping to the lows of UK£0.63. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Reach's current trading price of UK£0.65 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Reach’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

What Is Reach Worth?
Good news, investors! Reach is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. In this instance, we’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. we find that Reach’s ratio of 6.4x is below its peer average of 19.28x, which indicates the stock is trading at a lower price compared to the Media industry. Reach’s share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its industry peers, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range.

[the imperialist] 23/1/2024 13:54

I've bought from a TA perspective. On the spring if anyone follows such thing. It's actually a nested spring so double bubble. Looking for a couple of ticks up and a finish off the bottom this afternoon for confirmation.

Rise into May expected.

[100egs] 23/1/2024 13:50

ive been saying that for a while and yet here we are. id like to know why they pulled the TU from January 11th. cannot be good can it, looks like a further wait until march 5th.

[john09] 23/1/2024 12:40

Dear SCSW

Thanks for selling us a “hockey stick” you didnt mention the hockey stick would be upside down however

[john09] 18/1/2024 22:02

Good. The more heat the closer we are to the end of the current situation

[masergt] 18/1/2024 21:05

Private Eye commenting on RCH again. Mullen's strategy in firing line.

[brucie5] 18/1/2024 13:42

I imagine it's just waiting for the UAE or some version of PE to buy up for peanuts once they get through the rest of the pound shop that the LSE post Brexit has turned itself into.

[john09] 18/1/2024 13:28

I mean why wouldnt it be big volume when the whole of the mirror group is available for £200m it was probably valued at more than that 40 years ago

[john09] 18/1/2024 13:28

Big volume

[john09] 17/1/2024 21:15

Trading update last year was 11th Jan so we are overdue if thats a reference point

[dr biotech] 17/1/2024 16:30

I read a local reach paper online solely because of the football - I no longer live in the area. The rest of the online content seems to be local traffic, a few pubs that are shutting and some national sensational click bait tosh. Last time I was in the area I bought a paper copy that was also dreadful. I guess its a bit of a spiral, content is poor so no one reads it, so little ad revenue then cuts are made to the ever decreasing content.

[grafter] 17/1/2024 14:30

In addition to West Brom - Huddersfield Town, Sheffield Wednesday, Sheffield United and Sunderland have all lost their dedicated club reporters in the recent cutbacks, which are due to see 320 editorial roles lost.

Former Sky Sports Fan Zone commentator for West Brom, Alistair Jones, who is also the founder of Action for Albion, was among those who hit out at the publisher's decision.

"Years of tradition, following the length and breadth of the country, stopped because Reach plc can't see that local football is so important to the community,” he said.

[muzerewa] 17/1/2024 14:06

Pension deficit not gone but "will be" by 2028, according to Mullen.

[dougmachin] 17/1/2024 11:01

See you in December 2027 for a party...

[lewisquartz] 17/1/2024 10:53

Cha Ching Pension deficit gone maybe a takeover possible what do you think people Buy not cry

[lewisquartz] 17/1/2024 10:52

the pension deficit gone see Press Gazette for story

there are currently no plans for further cuts this year after a difficult 2023 at the publisher.

He also said the end of the company’s longstanding pension fund deficit and a time limit on legal claims established by the Prince Harry privacy trial judgment were both good news for the business.

In an all-staff email on Tuesday afternoon, Mullen said the more than 700 job cuts that have taken place over the past year have left the business “structured for our digitally-led future”.

He also explained why page views are still key despite other publishers increasingly putting more emphasis on subscriptions and other engagement-focused metrics amid falling search and social referrals.

[dougmachin] 17/1/2024 10:31

52 week low... isn't it a 2.5 year low?

All RCH has done really, for the past 2.5 years is go down.

It's such a tedious stock!

[simmsc] 17/1/2024 09:26

I was thinking the same, but didn't quite have the optimism to say it.

[the imperialist] 17/1/2024 09:23

It's all about opinions. This is the PERFECT spot to buy!

[simmsc] 17/1/2024 09:22

First thing Alexa told me this morning is that RCH is at a 52 week low! I think i might switch that feature off now. People getting out with losses here. Complete confidence loss.