Reach Share Discussion Threads

[kelso29] 04/3/2024 13:01

The court case was a right result for the company which had provided £45.4m against claims/legal fees. These costs may total £10m leaving a profit of £35.4m.
Does anyone think there will be a special dividend of 10p a share tomorrow for this?

[john09] 03/3/2024 18:12

Lewis and Harry i think youre a bit out of date on the Australia status there was news on friday

[harry_david] 03/3/2024 17:56

lewis,
I think the Press Gazette may have the payments a little high even if you include the TV networks. The payments to Australia's media for Australian media look to be under £50 million as the payment to News Group also includes their international business. Even so if Reach were to receive say £30 million as their share of say £100 million in total it would transform the digital business.
The other thing we have to remember is that the management of Reach have signed a deal with Google on probably unsatisfactory terms and no doubt this will complicate things.

[ali47fish] 03/3/2024 17:27

sorry what does to buckle and who will google or the government

[ali47fish] 03/3/2024 15:49

so what are we expecting from the forthcoming update- knowledgeable ivestors only

[lewisquartz1] 28/2/2024 10:12

News Media Association chairman Danny Cammiade believes legislation will come this year in the UK which could enable Australia-style deals between publishers and big tech.

In Australia and Canada the threat of legislation has forced Google and others to hand over licensing fees worth more than £100m a year to publishers in each territory. In the larger UK publishing economy, such deals could be worth much more.

PRESS GAZETTE

[100egs] 27/2/2024 09:39

bit more detail

[100egs] 27/2/2024 09:13

Reach sells former glasgow HQ in muti million pound deal.

[masergt] 26/2/2024 19:41

So #7677 gets 4 thumbs down??

It starts with an apology for OT but it's pointless shooting the messenger. If it didn't concern you why bother commenting?

[neilyb675] 26/2/2024 14:03

63.20 - 63.45 (GBX) at 14:00:56
on Market (LSE)

[masergt] 23/2/2024 19:47

O.T.

I don't know if any on here were invested in Tintra (TNT) which recently delisted but they have now, as a private company, published an update. Please excuse me using this thread as a platform but all other TNT chat sites seem dead.



Tintra: The Next Steps
05/02/2024
Tintra: The Future

"Next Steps

Having finally managed to complete the privatization the company is now focused on continuing with the building out of its strategy. Firstly its recapitalization, secondly a soon-to-be-announced (during February) merger and restructuring, and finally being able to settle down into the work of delivering the banking infrastructure solutions that we are deeply involved in building.

Over the past year we have been developing relationships with major funding partners in the Middle East. We realized that the nature of our business meant that we would be able to move faster and with more substance with a state-backed anchor investor rather than running the funding-round strategy. To that end we are pleased that we have secured three new sources of funding, two that are closed and one that we anticipate closing during Q1, along with sourcing a funding partner to allow for retail investors to exit the company should they wish to – although of course we hope everyone stays on this journey with us.

Having developed the technology and the fundamental strategy ahead of any other players we have been able to progress to the advanced stages of an anticipated merger with a state supported banking platform. This merger, which we expect to complete soon, brings the mission forwards three to four years and will allow Tintra to be a full service banking platform from launch, rather than to be a payment infrastructure for the first few years until certain milestones were reached. This meaningful transaction will be a world-first and has the potential to impact hundreds of millions of lives.

Go Forward Structure

Tintra Limited (ex-Tintra plc) will continue to remain the main holding company of Tintra going forward. New private equity and state equity will fund the business as it goes forward and this entity will form the basis of the merger should it complete.

Shareholders wishing to continue with us for the journey need do nothing. We are putting together a communications strategy to keep all retail shareholders informed and have a direct line to be able to ask questions and seek feedback by a much more active social media presence. This will be much easier as a private company where we can be more open and discussive as we go forward.

For those shareholders wishing to leave, the JP Jenkins facility will be live from today. We have shortened the usual 90-day period and the initial period will be for 60 Days for all orders to be gathered. There is an obligation for all shareholders to be treated equally so at the closing of that period there will be an equal split of shares at the 150p price.

However, there will be a second closing 90 Days after that for any shareholders that decide to take a ‘wait and see’ approach or only sell down part of their shareholding at this first opportunity."

[100egs] 23/2/2024 07:58

transition well under way, understandingly unpopular with some jounalists

[john09] 22/2/2024 08:16

The glacial paced slow climb off the bottom continues

[neilyb675] 19/2/2024 14:53

65.45 - 66.80 (GBX) at 14:50:12
on Market (LSE)

[john09] 16/2/2024 08:38

Neilyb is one of the red tickers . What a loser you are

[john09] 16/2/2024 08:30

It is now yes

[neilyb675] 16/2/2024 08:29

65.85 - 66.50 (GBX) at 08:29:03
on Market (LSE)

[john09] 16/2/2024 08:17

Controversial but i have felt this a few times. No one is selling which means theres no market., when i sell any it moves up. I know this because ive just sold 25,000 of mine got 65p for them and that immediately moved the price up . Thats the 3rd time I’ve observed this phenomena

Ps its to cover a small shortfall in a major purchase i made in arm holdings last week . The price was moving so fast it was a phone order and the price had moved £16k during the convo!

[john09] 15/2/2024 08:21

Is that the worst of the economy out of the way?

[john09] 13/2/2024 13:44

US inflation figures just hit us

[john09] 12/2/2024 08:35

Right lets get going

[davebowler] 11/2/2024 13:40

The Sunday Times: Staff at the Guardian newspaper are braced for cuts after bosses told them the publisher is on course to make a £39m annual loss amid a slump in the wider digital advertising market.

[john09] 11/2/2024 05:02

Todays Sunday Times

“It is understood that the Mirror, Reach’s flagship title, is to launch a new “premium”; tier of its news app in the coming weeks”