Reach Share Discussion Threads

[john09] 18/3/2024 13:53

Why would you bother with SBDS when alphabets on a fwrd pe of 21

[ali47fish] 18/3/2024 13:11

sbds what is it

[aishah] 18/3/2024 09:40

In their latest issue The Momentum Investor points out that first party data could be a gold mine in a post cookie world and shares could multi-bag for patient investors. Deal with Amazon already signed and more to follow imo.
I am adding here, Future and SBDS. dyor.

[bookbroker] 15/3/2024 19:54

Only way is up, I don’t believe that an economic recovery is necessary here, strict control of costs and digitalisation of their titles will drive the bottom line.

[simmsc] 13/3/2024 22:58

These are indeed cheap - and the market is waking up.

The last trading update put a floor on the share price (and we need to remember management also got through covid and is getting through a consumer / advertising crisis with no excessive borrowing or excessive dilution. Both these things give confidence.

Thats the past ... but take a look at the future:
- Economic recovery to come (with this comes more ad spend / yield recovery)
- And in future all that cash that went into hacking and pensions will eventually go straight to the bottom line (big numbers!)
- Plus we have the golden goose (first party data) which will be in strong demand (this comes in addition to the economic recovery mentioned above)
- And finally ... we are on a PE of 3. Given all of the above we have quite a re-rate (to a minimum of 5-6) coming our way (in addition to the increased profits)


When you start to add up all these components its hard to see a share price below 200p

[bookbroker] 13/3/2024 20:46

Way too cheap on the basis of the outlook!

[john09] 11/3/2024 13:46

CIO of some Goldmans fund just on Bloomberg

Big winners for AI are currently those in chips and hardware currently but its those who have data that will be the real winners

Interestingly reach have data for 12 million clients. If you divide that by the market cap last time i checked it works out that the market is only valuing the data about £19 per customer if we were just a data repository company

Erm. Gold mine

[neilyb675] 08/3/2024 09:05

73.30 - 74.45 (GBX) at 08:32:14
on Market (LSE)

[pvee] 07/3/2024 19:22

IC concedes what was in the company report ! That’s what I call investigative financial journalism (or is it already AI ?)

[davebowler] 07/3/2024 17:01

IC negative in general but concedes this...........
. A High Court judgment
in December provided a resolution on time
limitations for historical legal issues which
had weighed on investor sentiment. The cost
ofsettling these outstanding issues has consequently been reduced by £20.2mn. There has
also been progress on the question of pensions.
This amounts to an “agreed pathway to fully
funding the schemes”, so from 2028 pension
commitments are expected to reduce by
c.£40mn.Retirementbenefit obligations stood
at £168.8mn on the year-end balance sheet.
As far as the bread-and-butter issues are
concerned, print volumes were in line with
historical precedent,but solidity on this frontis
set against a 12 per cent declinein print advertising revenue to £76.6mn.
Management said tradinghasbeenrobustin
the early part of the year and the group is on
track to deliver a reduction in full-year operating costs of 5-6 per cent for 2024.

[john09] 07/3/2024 16:36

Well Doug you should take confidence in the uptick in last 30 mins bodes well . Better than people taking profits which i think they’d be mad to

[john09] 07/3/2024 15:42

Question on video

Central studio created
One exec in charge
Yields are really high

We should have done this quicker - Mullen

[john09] 07/3/2024 15:38

Question on Mantis

We are really excited about this it’s B2B more deals to come

[john09] 07/3/2024 15:36

Question on the US progress too

100 journalists in USA.
Significant presence
Performing against plan
Proud of the team

[john09] 07/3/2024 15:35

Amazon deal covered in the Q&A.

Example used if youve been reading about Glastonbury then youll start to see Amazon pop ups for tents, head torches and wellies

Paid for the data not the lead generation

[john09] 07/3/2024 15:06

I would be very careful at letting you shares go cheaply if this can throw of £100m + cash a year

[john09] 07/3/2024 15:05

Ok it pays to watch Jim and the CFO

£113m cash generated. . Only £23m of that was for dividends

The rest was pensions (going) judgements (going) daily star purchase (finished) and investments and restructuring (done 6% savings achieved )

So i see the appeal ..

[john09] 07/3/2024 14:47

Im going to watch the Reach presentation in case ive missed anything !

[aishah] 07/3/2024 14:24

AMAZON already realising value of first party data. From last month's agreement:

Amazon strikes ad data deal with Reach as Google kills off cookies

Tech giant Amazon has struck a deal with the UK’s largest publisher Reach over obtaining customer data to target online advertising, as the media industry scrambles to respond to Google’s move to axe “cookies”.
In one of the first such agreements in Europe, Amazon and Reach unveiled a partnership on Monday designed to compensate for the loss of “third party” cookies that help gather information about users by tracking their activity across websites to help target advertising.
Google said this month that it had started to remove cookies on its Chrome browser, following a similar move by Apple to block them over Safari, aiming to switch off all third-party cookies by the end of the year.
Reach said it will partner with Amazon on sharing “contextual” first-party data, for example allowing advertisers to know what articles people are looking at, with the US tech group using the information to sell more targeted advertising on the UK publisher’s sites.

[john09] 07/3/2024 14:19

There are definitely investment managers buying for their punters

[john09] 07/3/2024 14:14

Red ticker your wife’s fanny smells like wet dog