Personally26 Mar 2019 09:28
when results come out i like to do my own Corporate extracts and source and application of funds, basically to see what bang the Company is getting for its buck.This time whilst I will still do them I am in no rush.The salient facts have been outlined clearly in the Results.Bluntly put " publishing killed the media show".No surprise there then and the way they see the future is to expand publishing through purchases and organic growth.
Dividend attractive and honoured as expected.Sorry I only topped up ten fold, and while i question buybacks on occasions at this price and given the liguidity they make perfect reasoning.
Anybody with concerns should do a graph of income, net profit and share price for say the last 4/5 years.
I,m happy as she goes.