The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Proportionally compared to the indy Reach should have some really good numbers,a and if like indy has doubled digital, sorted the pension deficit with the interest rate hikes to help, may be free to perhaps double the dividend, this price atm will even for seasoned shorters one to avoid. Could go to £4.50-£6 plus in short order.
1512 showing as red Sale is infact a buy...how can such a elementary mistake be made for this small transaction. Happened on a few occasions now any explanations by the site, or is there an agenda with the stock market site, get it sorted.
So much potential, £5or 6 a month subscription no ads option or 25x £2500 cash prizes or if taken in Tesco MaS Asos Sainsburys etc its £3k
Just 3million starting to pay per month £6= £18million a month £216mill a year.
Out of the 10million registrations targeted
That's a very low subs with potential prizes per month,
The question is would you pay £5 or 6 per month? I would
Any one out there make sense of these figures
https://www.similarweb.com/website/reachplc.com/#overview
Cheers
What now for the pensions deficits, will they be in surplus, and if so can the dividend be hiked to 1 third of eps ie 13 p a share? Anyone in the know? That's going to make the shares look exceedingly good value IMHO
According to the link, in which case the shares could triple and some, Future if they want a newspaper as stated better get their finger out.
Astounding valuation could mean the hockey stick upsurge as stated by the board at the last release.
https://simplywall.st/stocks/gb/media/lse-rch/reach-shares.
Reach get battered wherever ever they go, however interestingly hike in the base rate may prove the golden goose in these uncertain times. Update or final results hopefully will put the pension issues and release the company to pay 50% of earnings ps to the shareholders. Could do worse than to take over Digitalbox , who would fit well and are cheap. The lack of update and Futures sp massacre is not helping, dyor
CEO of Digitalbox... Top is latest Video
https://www.digitalbox.com/investors
Really small cap looking for deals and revenues sharply exceeding expectations. Its going to be a tasty morsel for a big players at £16mln currentprice. Especially as they have hit the right money making formula.
Trying to buy 50k or even 10k + yesterday was difficult, seems the penny is dropping, personally I think their days are numbered as an independent, because 2022 will bring out consolidation, in the media, with a slide rules running over a few cheap opportunities by the bigger nationals. IMHO
So the article said....59523 definitely was a buy. So how come the market screens it?
Anyone see the opposite movement of the sp? Why? Announcement imminently update, pension deficit, future protection?
Digibox update very positive SC4 the same seems the waiting for the update from Reach could be very pleasing.
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220106:nRSF5695Xa&default-theme=true
Surprised there's been no update announced yet. If I was suspicious, I would think there's gonna be some extra news as well, hopefully will be positive for us. Imminent incoming.
On iii
Reach: upgrade to ‘buy’
Is media stock Reach
RCH
2.73%
(previously Trinity Mirror) another example of how banking gains is more essential with hot stocks?
The share price soared over 400% after I rated it “buy” in September 2020 at 75p following interim results. Management looked to be getting strong media results from digitising national media titles and acquiring regional titles.
By mid-year, digital registrations had risen 150% to 6.7 million, and management was confident of achieving 10 million by end-2022. Interim digital revenues had risen 45% to £69 million or 23% of group total. There remains a dilutive effect to such growth from Reach’s majority print side, in steady but modest decline.
Consensus for £114 million net profit this year has since edged up to £117 million, although the expectation for a flat 2022 remains.
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Despite me saying “it is hard to see this stock de-rating by much” from early last September Reach fell from over 400p to 257p – despite a 23 November trading update raised the full-year revenue expectation. This was not quantified, although for July to November group revenue had edged up 1.2% with digital up 17.2% and traditional print activities easing 3.5% (their decline moderating however).
The next stage of the investment case will require organic revenue growth, moving on from cost-cutting and acquisitions that helped drive an earlier sense of turnaround. Yet the latest update contained nothing untoward in this regard.
Given the stock rates near 7x targeted 2021 and 2022 earnings, the risk/reward profile looks favourable despite a modest 2.7% prospective yield. I find Reach’s online media often features in Google searches or showcasing in the Microsoft Edge browser headlines.
I downgraded the stock to "hold" last December, but the de-rating from its peak in August looks more related to trend-following than fundamentals, hence I upgrade to “buy”.
How will the rates rises affect the pensions deficits?
Craig any cheaper and the PE will start to hovver,
https://www.newsnow.co.uk/h/Industry+Sectors/Media+&+Advertising/Print+Media/Reach+PLC
People forget the potential atm, but the first 2 stories make interesting reading
Interesting times. Future wants a newspaper that fits can't think of another. Reach could end up being in play, the best Xmas present will be an announcement that its on the receiving end of a bid which they say is opportunistic...BINGO... A special dividend of 70 or 80 p or we accept the offer. £6 plus Jim will make sure of that. A week is a lifetime in the stock market. Gla
You are right it's being stiffed every day, with no bounce, I suspect its going to be sold and Future will get the benefits of all the spade work, but it will still be a premium if the Mail was anything to go by.
Well there's only one company that has the compatible mind set, to compliment Future and that's our baby Reach, Starting bid £6.50, will activate Jim to prove that price is tooooo cheap. Interesting that She actually put that out. 3mill shares traded yesterday and Investment company increased its holdings. What's people opinion on this.
Good set of figures, could not trade for 5 minutes on ig shares touched 2.80 to sell and bounced to 2.85 any ideas, 3.20 -2.80 incredible. In 1 hour