Reach Share Discussion Threads

[swynemap] 14/9/2024 07:07

I listened to the interim results the other day on Investor Meet Company, there wasn't anything ground breaking mentioned.

hxxps://www.investormeetcompany.com/companies/reach-plc

However Jim Mullen did mention in the Q&A that the US operation is or is expected to be profitable very shortly but they might let some of the money ride. Interestingly The Sun & Daily Mail are announcing US job cuts, so are Reach performing better over there or behind the curve and will start cutting jobs in the next 12 months.

hxxps://news.sky.com/story/mail-online-and-sun-take-axe-to-us-based-workforces-13213993

[hamhamham1] 10/9/2024 12:39

Nice bit of strength here over past few days, More of the same please :)

[ali47fish] 08/9/2024 07:24

slogsweep why cant you stop quoting it is meato be for suscibers only

[john09] 07/9/2024 04:46

“ Google accused of ripping off publishers by abusing advertising market
Search engine is abusing its dominance of ad tech sector, finds competition watchdog”

Todays Telegraph

[slogsweep] 02/9/2024 07:15

main recommendation on small company share watch at weekend.

[lewisquartz1] 31/8/2024 09:57

UK local news websites see audience bounceback
Updated ranking of top 78 UK local news websites for July 2024.

Press gazette :


hxxps://pressgazette.co.uk/media-audience-and-business-data/media_metrics/biggest-local-news-websites-uk-july-2024/

[john09] 20/8/2024 14:06

Fills the usual summer lull . I thin thats why we are expecting an “ahead” update soon because they wont have had a july / August like this for a while

[dougmachin] 20/8/2024 10:19

Olympic traffic surge to publishers...

[john09] 16/8/2024 06:08

Went ex divi 2.88p yestetday . Generally it’s been recovering well from ex div dates recently so let’s look for it to put that back on today or next week

[davebowler] 15/8/2024 21:05

I.C.,....... UK companies suchas broadcaster ITV (ITV) and news-paper publisher Reach (RCH) haveseen their shares climb by 26 per centand 45 per cent,respectively, since thestart of 2024.Total advertising revenue at ITVincreased by 10 per cent betweenSigns oflifeformedia asadvertisingforecasts brightenThe outlook for the advertising industry looks to be improving –but the sun isn't shining on everyone. Jemma Slingo reportsbefore the pandemic hit, WPP's atten-tion was partly elsewhere. Now itseems to be playing catch-up.Its interim results did little to alle-viate these concerns. Managementnow expects like-for-like revenue lesspass-through costs – the industry'spreferred metric – to be flat or down1 cent compared with last year. WPPhad previously forecast growth of upto 1 per cent.China is causing particular prob-lems, with WPP citing client losses.This follows the arrest of a Shanghai-based executive on suspicion of brib-ery last year.Over the longer term, however, alleyeswill be fixed on how WPP intendsto use generative artificial intelli-gence (AI). In January, managementrevealed plans to invest £250mn a yearin AI, but the tangible benefits of thisremain unclear."What we've noticed in our role –and we do a lot of work with advertis-ers to help them select their agencies– isthat every agency hasfeltthe needto talk about an AI story," said NickWaters, chief executive of market-ing consultancy Ebiquity (EBQ)."I completely understand that, butthere's still not much behind the story."This is not a problem specific toWPP – allthe incumbent agenciesfacethe same challenge. "Those big hold-ing companieswere builtfor analogueadvertising, a broadcast dominatedworld, and they created huge busi-nesses," said Waters."But the market has shifted to digi-tal first. So these huge businesses arehaving to shift themselves to digitalfirst, and it's a really, really tough job.Whereas the new generation of agen-cies are starting from the right place."WPP is already taking a hard lookat the portfolio, and has sold off its 50per cent stake in PR group FGS Globalto private equity giantKKR (US:KKR)for £604mn, post tax. Its 40 per centholding in market research firmKantar could be next.In themeantime, all companies thatrely on client marketing budgets facea nervous few months. Conditionslooked a little brighter at the half-year mark, but there could be a fewsurprises yet.January and June, helped by a "verysuccessful" European FootballChampionships. Meanwhile, Reach– which has been wrestling with lowpage views for some time – returnedto digital growth in the second quar-ter, bolstered by the Euros,UK generalelection and Taylor Swift Eras tour.

[john09] 13/8/2024 15:52

Moving up nicely ahead of the ex div this week

3p a share coming your way again folks

[john09] 13/8/2024 15:51

You forgot to add all acquisition ay nest were now behind us too

[dougmachin] 12/8/2024 12:54

Still, IMO right now is not anything like the time to sell any RCH.

- Ex-divi date is coming (15th Aug)
- The next results will include any Euro 2024 revenue impact
- Surely the Olympics has had a positive effect on demand for advertising space
- The digital strategy is going somewhere, whether it's 3rd party or 1st party data
- The pension contribution issue will get exponentially better in the medium term
- The phone hacking law suit bad taste issue is about over
- UK and US elections too

Yep, not the time for selling these sausages IMO, anyway, I hope!

[dougmachin] 12/8/2024 12:49

Ah... 50% correct.

[john09] 12/8/2024 12:47

It was momentum Investor

[bigbigdave] 12/8/2024 12:29

Not worth it SCSW, been pants lately.

[dougmachin] 12/8/2024 12:08

Gotta be SCSW.

I might even renew my membership...

[ibnculb] 12/8/2024 09:53

Hey Johnny boy what write up where please?

[john09] 10/8/2024 08:00

Positive mention / write up today

[davebowler] 07/8/2024 14:22

SCSW comment...Former Chancellor Nadhim Zahawi preparing a £600m bid to buy Telegraph & The Spectator. I wonder if #RCH Jim Mcmullen will bid? By merging it with his red tops, he could cut costs on newsprint, distribution, and editorial. In any case £600m makes RCH look a snip on PE of 3.8

[danmart2] 07/8/2024 06:36

The beauty of reach publications which are 80% adverts and 20% content

[onjohn] 07/8/2024 06:15

dividend for 2024 of 2.88 pence per share will be paid to shareholders on the register on 16 August 2024.

Add 4.6 and 2.88 again and you get almost 11p over 12 months

[onjohn] 06/8/2024 14:40

Chubber near 3p dividend coming to Reach holders shortly


FUTR fllllllyin too may gap higher tomorrow,

Get in soft lad

[john09] 06/8/2024 08:30

Problem is everytime something changes with big tech reach os downstream sending months adapting to the most recent change !

[harry_david] 06/8/2024 08:24

Google's problem will be Reach's benefit.