Member Info for green555

Google to pay Murdoch's News Corporation for stories
It was only a matter time; Great news for Reach
Feel all the stars lining up!!

Market Cap needs to at least 730m for BVC to enter the FTSE250
you never know!
http://www.stockchallenge.co.uk/
look at FTSE Ranking

sturdz18; This is great news.

Cityconindex; Don't understand PBT, what is it ?
"upto 135 million PBT...however if they nudge 140m plus AND are accumulating tons of cash"

Got the info from MarketScreener
https://www.marketscreener.com/quote/stock/REACH-PLC-4000924/financials/

""There is no other company generating 70m of FCF on 790m market cap, if there is let us know.""
Have a look at REACH
Well from 2019 results, expecting 2020 in 1st march
REACH reported FCF of 82.9m and Market cap of 703m
No debt
EV / EBITDA of 2.13 current forecast of 4.1
possible upgrade to ftse 250 in march!!!

I can imagine that the shorter "Luxor Capital Group" must be getting really worried by now.
Luxor have 1.9% short since July 2020, then the price was around 70p or less
1.9% short is about 5.9m shares, if the results are good as I suspect they will be
Then Luxor will be forced to buy 5.9m shares to close their position, this will only drive the price higher even more...

Voleon has reduced the short to 0.49% - 5 feb
so from now on we won't know if they reduce any more .....

In my opinion; at the current price of 217p its almost there for the promotion ; RCH is currently 350 most valuable company
http://www.stockchallenge.co.uk/ftse.php
There are likely to be 5 demotion (maybe more!), RCH is 6th in the list for current promotion ranking
I can see many fund managers buying into RCH in anticipation of promotion to ftse250
Its almost given that results will be good, going by the last update.

Toped up yesterday at 2.20p
The more I look at the financial forecast, more I'm convinced that SP will only going to go up
Looking forward to results on: MAR 1, 2021
Not many company trade with no net debt and EV/EBITDA at 4.1

I agree RCH is undervalued
With no debt, EBIT of £135m and great online revenue growth, only a matter of time the physical copy will become a secondary source of income. Market Cap could easily double/triple from where its now, as long as digital revenue can grow at the current rate.
I for one will be toping up.

I fully agree with your sentiment.
From share register I can only account for 19.3% holding for Nissin, where are you getting the other 6.7%

I've also been a long-term shareholder since 2012, I forget all reasons for buying back then. On of the main reason being, food is always needed and with many great brands. Bought shares ranging from £1.20p to 31p.
I'm now in profit since pfd went above 58p. I will be holding on till goes above £1:50. I feel there are lots positive behind this share, fact we had 300% gain in less than 9 months, you are always get pull back. Also especially when all the other dog shares have their day in the sun!

bistolover - shares traded as TCPN or SINT do we get to know at what price that was traded.

At current price PFD will be considered for promotion at the next review in September

Will need the price around 75 - 80p for an automatic promotion to ftse 250
I would guess all the funds that require automatic inclusion will be looking PFD

Please correct me if I'm wrong
Prior to the right issue (just 4 weeks before the due date), the shares was trading around 180p
Normalized price after the right issue was at 85p
Yes; I expect the shares to go above £1

wondering that myself, why a sudden drop.
I can only guess at that large shareholding just been sold today, announcement within next 3 days??

From some of reports that been published when the shares was trading at 30p referenced that without the pension issues and the level of profit / CF that were forecast meant the shares should be trading at 3 times the level.
So now without the pension issue and upgraded profit guidance, this should result in SP going above £1
For the first time in a decade Looking forward to the results without hoping!!

Being a long term investor, since/before the fund raising etc... and regretting most of the time in buying these shares.
Now is not the time to jump ship. I see lots of potential like you can't but flour in supermarket not because we run out of flour just lack of packaging it in 1kg bags.
Also most of PFD brands in supermarket are not sold at a discount, this gives me engorgement for 2021 results.
2020 results will have very little impact from Cv-19.
I see lot of potential from holding 49% of Hovis.

according to Halifax site - Institution hold 70%
I don't hold much hope in SP staying above £3; there must me more to it... than 18 million Venezuela loss
On the surface results was not that bad!!

https://www.investments.halifax.co.uk/shares-centre/sharedealing/details/?csid=10167

On Thursday, the company raised £75m in an equity placing and said it planned to raise another £300m in debt. The company issued about 94m

This equates to 80p a share, has this been completed ?
If so, is the current price drop due to "planned to raise another £300m in debt" ...... hitting issues?
how do drive at 65p being support price?