Share Name Share Symbol Market Type Share ISIN Share Description
Reach Plc LSE:RCH London Ordinary Share GB0009039941 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -3.00 -1.49% 199.00 786,049 16:35:12
Bid Price Offer Price High Price Low Price Open Price
197.60 198.40 201.00 193.60 198.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 702.50 120.90 31.80 6.3 621
Last Trade Time Trade Type Trade Size Trade Price Currency
16:58:16 O 1 194.00 GBX

Reach (RCH) Latest News (1)

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Date Time Title Posts
13/1/202108:23Reach (RCH) One to Watch on Monday 1

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Reach (RCH) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-01-22 16:58:16194.0011.94O
2021-01-22 16:35:12199.0075,164149,576.36UT
2021-01-22 16:29:58197.60387764.71AT
2021-01-22 16:29:58197.8011.98AT
2021-01-22 16:29:58197.80179354.06AT
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Reach (RCH) Top Chat Posts

Reach Daily Update: Reach Plc is listed in the Media sector of the London Stock Exchange with ticker RCH. The last closing price for Reach was 202p.
Reach Plc has a 4 week average price of 139.20p and a 12 week average price of 101.40p.
The 1 year high share price is 228.50p while the 1 year low share price is currently 50p.
There are currently 312,067,649 shares in issue and the average daily traded volume is 745,041 shares. The market capitalisation of Reach Plc is £621,014,621.51.
netcurtains: This #THG announcement shows an interesting shift from magazines to online advertising (#THG share price up 5%): Expanding to become the global leader in online multi-brand distribution for the beauty industry 2. Supporting global beauty brands in addressing channel shift of marketing spend from offline (magazines, TV etc) to online, via its beauty box business ( and 3. Developing a unique, rapidly growing, digitally focused stable of its own prestige beauty brands, providing margin enhancement and differentiation (Perricone MD, ESPA, Christophe Robin, Grow Gorgeous, Illamasqua, Eyeko, Mio Skincare and Ameliorate) 4. Providing Ingenuity services directly to the beauty industry, enabling it to build successful global D2C channels to capitalise on the rapidly increasing channel shift
lewisquartz: harry_david No idea but suspect there a drive to bring the share price down got out @1.54 but still think 1.20 is a good position and still think by Feb there price will been up around 1.7 probably buy back in around 1.22
mrnumpty: Having just glanced , after the close of markets today at 4.30 pm , at the share price for Reach on the Hargreaves Lansdown site , it seems that Hargreaves are showing £ 1.37 to sell against £ 1.49 to buy . That 12 p difference is a huge spread . I haven’t bought or sold recently and I haven’t tried any dummy transactions , so I can’t confirm that these are the actual prices . However , if the spread really is 12 p , it is enormous . Does anyone have any thoughts or explanations ? All the best .
ironstorm: The update was not great - I thought quite a bit of puffery in there - new man needs to prove himself methinks. However as you say delve deep and you see the potential of digital. I think that it might not have mattered but the share price was puffed up recently. Reach is in transit to a better place and this has been accelerated but it is still Reach. I sold including the bonus shares before the results as thought the price had got ahead of itself. I would buy back at the right price. Possibly around the 120p or 100p level.
mrnumpty: According to LSE , apart from a couple of inconsequentially minute sales , all transactions in Reach shares after closure of the markets at 4.30 pm were purchases . They were all quite large , including purchases of the following quantities of shares : 367,185 ; 170,000 ; 107,000 ; 177,641 . Hopefully the share price increase recently , followed by yesterday’s drop was only a further proof of the stock market adage “ buy in the rumour , sell on the news “ . Good luck all .
patience a virtue: Weemonkey, The bonus shares I received were sellable and I did sell them at a good price and banked the cash. To be fair Reach have been paying out dividend for the last few years. As long as the share price is higher, dilution or not does not really matter at all. I am a happy holder.
lewisquartz: looking back on previous trade update in July things are turning around for sure on digital , Print, well to be honest that's always going to decline with circulation drops but that's for every newspaper publisher until it hits base level probably another 3-4 years so not so bothered the key now is the fact digital growths numbers 2 million every 4 months so target of 10 million by 2022 should be a piece of cake. Not getting over excited on huge share price jump today. Still think Feb 2021 £2.20+ and March to see another bonus share issue but quite possibly a very small divi 1.5 to holders they have a good investment . Im holding and I think Luxor are going to try to hold the price down over the next 2 weeks If it hits 2.20 I think they'll eventually see they back the wrong short .
weemonkey: Weekend press to be helpful for RCH share price is my guess. Financial pundits love to play follow my leader. Esp if it is with a stock that has been on such a low rating for so long Chance for some finance journo to make a bit of a name for themselves.
robsy2: I am bullish too but the bonus issue of shares means nothing and has no effect on anything. Those of us who are long will all get more shares and, all other things being equal, the share price will drop accordingly. If you are short , you will have to buy more shares but at a correspondingly cheaper price. Extract from a Bearbull column in IC where he explains the concept. Question, when is a dividend not a dividend? Answer, when it’s a so-called bonus dividend. And it’s a worry that, in the mess induced by the response to Covid-19, company bosses appear keen to use bonus dividends to foster the illusion that their companies are maintaining payouts to shareholders while keeping the money that a cash dividend would have consumed. In the current climate, I first came across this ruse in June when the bosses of Randall & Quilter (RQIH), whose shares are in the Bearbull Income Fund, used it. Without more explanation, they said they were giving each shareholder one new share for every 22 held, which enabled them to claim a total distribution for 2019 of 9.9p a share, 8 per cent higher than 2018’s when, in fact, the cash distributed was 3.8p. And this week, in search of new holdings for the income fund, I see that Bloomsbury Publishing (BMY) is playing the same trick. Instead of a final dividend for 1919-20, its bosses plan to distribute new shares roughly on the basis of one for every 27 held. Value of new ones can be contrived at 6.9p a share, the cash payout the bosses would have proposed had normality prevailed. Granted weird times are likely to induce weird reactions, but it’s important for shareholders to understand why, in effect, they get nothing when they receive a bonus dividend. The first step to understanding is to stop calling them ‘bonus’ dividends and use the old term, ‘scrip’ dividends. In other words, instead of cash, shareholders are getting a bit of paper or – more precisely – an electronic adjustment to their holding on the company’s share register. Nothing else alters. There is no transaction between payer and payee. No value changes hands. There is just a bookkeeping adjustment that shuffles an amount from one part of shareholders’ funds (distributable reserves) to another part (paid-up share capital). Shareholders get what they already own. To spell it out, let’s revert to the old days when scrip issues were common because company bosses wanted to keep the share price low since that helped the notion that somehow the shares must be cheap. In those times, a one-for-one scrip was quite common. So if I owned 5,000 shares in Motheaten Textiles, or whatever was around in the 1980s, then the one-for-one scrip meant my holding doubled to 10,000. But I was no better off because everyone else’s holding had also doubled and there hadn’t been a single solitary change to Motheaten’s assets and liabilities except for this bookkeeping item within shareholders’ funds. As a result, its share price halved. Where I owned 5,000 shares whose value was, say, £10,000 at 200p a share, now I own 10,000 shares whose value must still be £10,000, therefore the share price halves to 100p. Just the same is happening in 2020 when Randall & Quilter, Bloomsbury or whoever else has a bonus issue. The only difference is the number of new shares in relation to the number already issued is small enough to have little effect on the share price. Specifically, the effect should be to reduce the share price by the amount that an equivalent cash dividend would have reduced shareholders’ funds. So when Bloomsbury issues its new shares, in theory the effect should be to reduce the share price by about 3.5 per cent and that is the same as the amount that the price should drop if the company was actually distributing cash. Why, then, all the fuss? For the simple fact that Bloomsbury, or whoever, is not distributing cash. When companies do make cash distributions, shareholders receive a little of what they already own, but in a special form (ie, cash), enabling them to do with it what they will; in effect, it’s a mini-disposal of their investment. They have actually got some money out, and that’s important. When companies hang onto cash, that might work out well for shareholders or it might not. But the risk is that the bosses are keeping cash to make their job easier rather than to help make shareholders wealthier. Meanwhile, it is indisputable that scrip issues – let’s not use this ridiculous ‘bonus’ euphemism – make no difference at all.
ppreston1: Totally agree with RCH being dirt cheap. They currently trade on a forward P/E of just over 2x which you'd expect for a company about to go bust! Clearly not the case here. However I wouldn't be so dismissive about Luxor's influence on the share price. They did the same with FUTR and brought the share price right down until they started to reduce in March, at which point the share price turned and went up again. These hedge funds are pretty successful at what they do. After all, I've never met a poor hedge fund manager. Unfortunately, I don't expect RCH to recover until Luxor reduce their short position. Noticed they increased again to 0.96% as of 28th July so still a way to go. Let them have their fun. I'm holding for the long term.
Reach share price data is direct from the London Stock Exchange
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