The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Said it for yonks 11mln subscribers 2 or 3 million pay £6 a month no ads and 30 monthly draws of 5 k who wouldn't, maybe 5 take up subs, will be awash with dough. Kiss keep it silly simple, formula for a big turnaround.
Can't believe those pinheads are really screwing up the company, no common sense, no ideas, utterly destroyed shareholders value, and the f ing institutions not wanting removal of this pair of overpaid screwups. Bring back Simon he created a base to grow.
Pension Deficit down, less use of paper in Manchester more digital, still no subscription offer.
£4 million, are they bleep demented, sack them today, not worth a 20th of that figure. Bob was caught stealing the pension. These 2 have destroyed shareholders value, with no ideas how to garner more income with 11 million subscribers. That fancy education and degrees puts them out of touch with thinking on your feet. Share buyback 10% of the company and cancel the shares, that will show they can lead. Institutions need to give the 2 some remedial help to get the papers on track.
I still think if the management don't get the share price above £2.75, it's leaving us susceptible to becoming a tasty cheap morsel for the likes of Future who have stated they are after a newspaper. Could be the reason the directors jacked up their pay, so will get a good payoff, by the new owners. Now it's come up with a better algorithm technology makes it even tastier. If the pension deficit has gone to surplus, and a doubling of the interim could well go back to £4 in sharp order.. That's all without subscription for ad free experience and small monthly £3k lottery.
The shorters are reducing as well. They must be clued up otherwise they would stay put. IMHO
Tide may change soon if the deficit is a surplus, it unties the management's hands re the dividend, which in reality should be about double where it is now. And with oil going down should help the whole economy. So advertising will pick up. Dyor
Shorters will be whacked if they don't exit ASAP.
https://forum.quidisq.com/t/reach-rch-pe-of-3-vs-pension-deficit/90/17
The projections are very interesting and the company could be awash with cash even without thinking out of the box,
Hopefully the board once the triaxial pension negotiations are done can galvanise the assets they have with thinking out of the box . Otherwise a bid will materialise as the current sp is so depressed that even a £2.75 bid would succeed. Will the the real Jim please stand up.
You'd think they'd be buying back shares at this price, especially as the pension deficit must be reducing at a rate of knots, and the cash pile building up, unless there's plans in place for a American PE takeover planned. STILL nothing on a subscription option with monthly prizes. Nothing fresh to create activity, and publicity for the group. Disappointed is not the word.
Once this is out and the pension deficit has become a surplus, even without subscription door still locked shut, then the dividend could be hiked to double, £8 may seem a million miles, but once all the pieces are in place and peace has to come to Ukraine, its gonna be magic to watch the increase. Keep the faith.
Dear Jim, this may help you understand the logic of offering an ad free service to the probably 11 million plus subscribers. do not need degrees or phds just a bit of common sense. The Telegraph have sust it, whats the blockage at your end?
Prizes and you'd probably get 4 or 5 million paying a fiver, per month and the all those free shares you have will jump to £8 quid... no one lives forever so get a move on, contact the telegraph to see how its done, unless you have a massive ego;
The company expects total subscription revenues to account for more than 50pc of total revenues in 2022, up from 46pc in 2021. Blended average revenue per subscription (ARPS) for December 2021 was £175.
Operating profit pre-exceptional items increased by £6.6m (up 25pc) to £33.3m in 2021, driven by digital subscriptions, continued cost management and transformation, the company said. Earnings before interest, tax, depreciation and amortisation (Ebitda) pre-exceptional items increased by 8pc to £40.4m in 2021. Profit before tax jumped 34pc to £29.6m – a year-on year increase of £7.5m and ahead of expectations.
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In May 2021 print advertising revenue generation was outsourced to DMG Media, delivering a positive trading performance and a shift to a more variable cost model, the company said.
Nick Hugh, the chief executive of Telegraph Media Group, said: “TMG has continued its excellent progress towards our stated strategic goal; subscription numbers have seen substantial growth since launching in 2018. In December 2021 we exceeded the significant milestone of 720,000 subscriptions. The overall subscription number remains the key metric for TMG.
“We have continued to invest in our high quality, trusted and award-winning journalism including the successful launch of the new version of our app. As of April 2022, 240,000 subscribers use the app each day.
“Increased digital subscription revenues have been a key driver of our 25pc growth in pre-exceptional operating profit. Our partnership with DMG Media has also been profit additive. Material investment in journalism, technology platforms and digital operations will continue in 2022.”
The solution is simple put the war into the middle, start a subscription with no adverts, £5 and monthly draws for subscription payers only. Its a bl o ody red top tabloid not the FT. But sometimes the simplest ideas are too complex for highly educated company ceos. That's what WORKING class people want a bit of fun and fantasy.
Dear Jim how about an update on the pension deficit, according to the IC https://www.investorschronicle.co.uk/news/2022/05/12/ftse-350-firms-pension-deficits-shrink-to-lowest-level-in-two-years/ deficits are collapsing,.... in which case will you be bold enough to triple the dividend? Remembering the company has probably as a guess £75 millions in the bank.
It would be nice after all you've helped your self to an astronomical pay rise with a collapsing share price, well deserved????. I remember a previous owner whose name I can't remember but at least he paid an honourable dividend. Yours sincerely hungry shareholder.
Are the management drunk are they now buying back shares In the company to cancel, if not why not? I've seen quicker reacting corpses with rigga. Get a move on and earn the 4 millions you think you are worth. Or get someone in who can.
If its good enough for the 2 top directors to take rip off wages for collapse in shareholders value, they should put the cash to good use, and buy back 10% of the company for share cancellation. Starting today, and if they are awash with cash pay out a special as well. The pension deficit hasn't been declared in the last AGM but must be very close to zero. £70 million sitting there only £31 million to cancel 10%of the company, if that's not a stonking bargain, then the directors are not as bright as I thought.
No not anywhere near that, should be based on profit only or go. No uplift with a share price worth Jack bleep. The dividend is miserly, should have done a special from yesterday's date say 12p for those on the register. The pension deficit must be clear now, so no earbashing from the trustees, probably in surplus, dividend should be a third or half of eps. Sounds like daylight robbery, de ja vu but this time it's the shareholders.
https://www.reachplc.com/investors/shareholder-information/annual-general-meeting
Some interesting questions people should asking.
What a performance keeps dropping like a t u r d , with no end in sight. Hopefully the something will give ie pension deficit and what they expect from the subscription platform they have signed up to, TNI has always been battered by the stock market, even with its constant 35p a share earnings. WHY? Best to be taken over to put us shareholders out of our misery. The ludicrous pay rise should be rejected till there is solid performance improvement.