Mecom Group Share Price (MEC)

Couldn't agree more. The comments from Beachside and Lucullus over on the iii site have kept me going through these difficult times. I am looking to top up before the ex div date and get my average down to a level that will at least give the opportunity to break even at some future date.

You are welcome. And I agree with your comment about the share - is I have been in this share (too) long as well.

Just read the results of the AGM. Interesting to note that a resolution was passed to buy back co shares. That could be a big positive. B

Just wanted to say thank you for your research and updates. As a long term holder, this has been a pig of a share but hopefully we will see some improvement as ex divi date approaches. B

According to rumors the best single offer for Berlingske Media was about £40-45m for the whole business, which was not viewed as attracktive enough since we now have the process with selling of the Danish operations in pieces. Source: http://borsen.dk/nyheder/avisen/artikel/11/49160/artikel.html?hl=TWVjb20, In another article a top manager from a large Danish media house has tried to put some pricetags on the some of the pieces: The newspaper Berlingske: 300m DKK (if the right buyer is there), sweetdeal.dk: 50-80m DKK, the parts to be sold to DSVP: at least DKK 75m, Local weekly sheets: DKK 150, Weekendavisen: 40m DKK. Source: http://borsen.dk/nyheder/avisen/artikel/11/49155/artikel.html?hl=TWVjb20, This all sounds good (About DKK600m), but then there is a lot of other activities which needs to be closed down or given away, which could be costly.

The management teams at some of the regional daylies in Jutland (the titles included in the Midtjyske Media) have got 1.5 month to raise the needed capital for a buyout. Source: mediawatch.dk Midtjyske Media has to my knowledge been loss-making for some time and I view this as there are no real interest in midtjyske Media.