Trinity Mirror Share Discussion Threads

[philjeans] 30/6/2017 07:41

On track - meeting expectations.

New print contract confirmed. Debt still reducing.

Looking good to me.

Keep adding.

[harry_david] 29/6/2017 17:31

An investment suggestion.
If you think long bond yields are rising then buy Trinity.

[harry_david] 29/6/2017 15:25

kazoom, I agree, the best investment is for the company to buy its own shares at todays price.
Re the shareholder list, I think someone has been double counting, institutions and mutual funds are often the same thing.
Somebody thinks tomorrows announcement is going to be good, I like the keen buying knocking out the seller, or at least making him think for a change.

[kazoom] 29/6/2017 11:43

Or a share price that is 4x what it was 5 years ago - all in the time frame ;-)

20p special would be a crazy amount. c. £50m.
More than a years cashflow, 5x the value of the current buyback programme.

All that would do is trash the balance sheet and leave shareholders worse off.

[cityconindex] 29/6/2017 11:20

6% of a share price that's been thrashed from 1.85 2 years ago is no favour to anyone.

if they can recover the share price and pay a fatter dive to keep it at 6% that would be good. but a 20p divi special and continue the buyback is what imho is needed. Otherwise the only people making are the directors because if the share price recovers they will pick up large bonuses.

[kazoom] 29/6/2017 10:41

which they could easily afford I would imagine.

But why would they want to engineer a short term spike in the share price which they are buying back shares?

Is a regular dividend yield of nearly 6% not enough already?

[ccraig69] 29/6/2017 09:24

they would need to pay same to pension scheme

[cityconindex] 29/6/2017 08:59

gfrae...my assumption would be private individuals ..in May UCG on the hoof gave a 1p special dividend with a weeks notice. Share price went up from 10 to nearly 14p...in a few days. Whats stopping TNI giving an ad hoc special dividend at tomorrows update? Its only spent about half its buy back budget to date.

If someone has the ear of Daniel Loeb the hedge fund shake up investor. I bet the special will be out today if he took a 3 percent holding.

Have a good day.

[gfrae] 29/6/2017 08:34

Interesting,thanks for link. If institutions own 60% odd. Who owns the rest ..Private individuals ?

[xxx] 29/6/2017 02:29

Odd how @800,000 traded yesterday, but none bought back.

[kazoom] 28/6/2017 22:59

Interesting link citycon (btw if you change http to hTTp the link will work, otherwise the ADVFN bots disable the link by re-writing as hxxp)



So the mutual funds own 33% and institutions 48% - if you also take account of my holding that makes 81% (and a bit).

I wonder how & how often that is updated.

I think Aviva have less than that now.

[cityconindex] 28/6/2017 22:18

hxxp://www.msn.com/en-gb/money/stockdetails/ownership/fi-151.1.TNI.LON

[kazoom] 28/6/2017 11:36

The buybacks will be rule driven and it could be some stipulation about the price paid relative to the recent average price. Could be that prevented them buying yesterday.

[cityconindex] 28/6/2017 10:31

Boon you would think that yesterday day with turnover of 520k shares that Numis would have purchased 100000k as the price is depressed.

[harry_david] 28/6/2017 09:38

Google is being attacked from everywhere. It will take some time no doubt, but ultimately this is very good news for online media.

[boonboon] 28/6/2017 07:42

No buyback today?

[gfrae] 26/6/2017 21:54

Moot to us article on the lack of decent local reporting and the Grenfell disaster.
www.theguardian.com/media/media-blog/2017/jun/25/grenfell-reflects-the-accountability-vacuum-left-by-crumbling-local-press

[philjeans] 26/6/2017 16:55

All set for a steady climb back to 120p.

Bargain down here, as ever!

[ccraig69] 26/6/2017 16:47

5gtYtr5zxggcdrgtggt???ee44vf5Rytyx-?????5/%

[harry_david] 26/6/2017 13:44

looks like the seller may have finished.

[kazoom] 26/6/2017 13:36

Hypothetically yes Harry, but I can't see any reason to assume that is the case here and now.

Personally I think it is more likely that the downtrend is fizzling out and that we'll see a gentle climb back to 110-120 over the next few months. Of course any surprises (in either direction) in the trading update might change that.

[cityconindex] 26/6/2017 13:09

Can anyone translate please
hxxp://dataunion.tistory.com/16059#.WVD8tYWcEqQ

Did anyone notice the telegraph made 32 million in its figures announced last week...better than expected?

[harry_david] 26/6/2017 11:07

Kazoom, it frequently happens institutions want a stock off their books before a critical valuation date and they sometimes cripple the price in doing so.

[kazoom] 26/6/2017 10:10

Why do you think that would be the case Harry?

[harry_david] 26/6/2017 09:43

If we have a large seller trying to quit his position by the end of the month, there will be a nice buying opportunity this week!