Member Info for johnmcclean

No, not my own but allmoyne's. I wish I had it but I don't. I did but this year's, well received, annual report killed it all. The only bright spot is the debt deal and that may keep inm in the game as others falter. The problem is generating new revenue. The irish economic recovery will produce enough to plug present readership decline but not much more. It's a game of ever decreasing circles. As I have said before, genuine online generated revenue is key but we are miles from that. If boi is a waiting game well then this is a share that cryogenic sleep was invented for. My only fear is I'd wake up in 10 years and it would be "inm who???"

There going to need to pull something major out of the bag to move this in any meaningful way over the next 12 months. Agm at the beginning of june might shed some light on prospects.

From irish times. Independent News & Media fell 3.39 per cent to 17 cent. Rival Johnston Press media group sold its 14 Irish regional newspapers to Iconic Newspapers Ltd, yesterday for just €8.5 million. Johnston Press paid about £115 million to acquire regional and local papers in Ireland in 2005.“The read through for INM’s regional titles is obviously negative,” a Dublin broker said, “But the collapse in value of Irish local newspapers is already largely factored into the stock.”

Agree. Cutting costs and restructuring is great but generating and improving revenue and profit has to be the driver now. The economy is doing its bit so as a play on it thing should be improving.

Bit of pricing pressure in the US and I think Italy as well. There's a price increase anounced already that needs to stick to keep investors happy. I would also imagine the slow down in China plus the Venezuela situation isn't helping. To add to these niggling bits some unions are looking for wage increases in some skg production facilities in Europe. As further cost cutting is part of the groups stated goals for the year that may prove tricky. All small things but adding up I suppose. Still positive on them though.

Still creeping up. As you say its odd trading. Plenty of big sells today buts finished with a little gain. There's plenty of shares in issue so you would imagine there should be plenty to meet any demand. Unless someone is building a shareholding behind the scenes maybe.

The results were well recieved which is encouraging. But cost cutting, while great, is not a long term growth strategy. ! You could be right about waiting on others to fold. The Sunday business post is my favourite paper but its probably the weakest paper now and I notice the Sunday indo has beefed up its business offering considerable. There seems to be no floor newspaper sales won't break through and that's the main problem. Online must offset revenue decline in the traditional print or inm is in trouble. That's why I was disappointed with the online contribution in the results.

The contribution from online advertising is less than 10 mil. One third from grabone, which as the economy improves might not be as popular. Online revenue is a small percentage in the 320 mil total revenue. There seems to be nothing generated at all from online website content. Does it seperate out the profit from online anywhere in the accounts? if its at the 10% margin shown overall then online is miles away from being the saviour of inm. They badly need to find away to have customers pay for online content because 500,000 users contributing 1m to profits is not going to make up for falling hard copy profits.

I think the results were as expected and possible a bit better. But it was all about putting the breaks on. 2014 is the make or break year. By mid year they would need to show some signs that they have the ability to make money from digital content and print advertising. If they can't then they are in trouble. I have a long way to go before I break even but have no intention of averaging down and I have faith in DoB so I'll continue to hold and hope.

Only just found this site and thread but as a SKG share holder I'll watch with interest and maybe contribute now and again. Its by far my favourite share, mainly because I have been holding since €7 but also because I believe it has a way to go yet.