Member Info for LUCAN

Hard to see why this company has fallen 30pc in a few weeks. Can't see any obvious reason. Suggestions?

Load of rubbish, i.m.o. Argues that since millions of people visit the website free, they only need to impose a 10 cent charge to make a fortune. Not so, I fear. I visit the website maybe 2-3 times a week, mainly from curiosity, but there is no way I would pay a cent to do so, never mind a larger sum. Ditto most of the visitors, I suspect.

has interesting piece about ms grady's departure as editor I.I.

Whatever about O'Brien, I don't think it is true that DD has lost 'a huge amount of money' in INM. Remember he got most of his shares at 7 cents. Nor do I believe (Allmoyne) that DOB did not get a fair press in his early business life. He got a roasting in the Indo when he went after the O'Reillys, but that was much later. Anyway it was a clumsy job and did him little harm.

I sure hope you're right, but if you look around the globe, newspapers that have been around since the 1800s are going down like skittles. Trusts can be unravelled, if the motivation is compelling enough (i.e. if they can't pay the wages). Sunday Indo isn't a tabloid - yet - although it may look like one sometimes. Where INM does often score over the IT, in my opinion, is news judgement. If they have news, it will be on the front page. Compare with the IT, where last week they put the resignation of the Indo editor in the business supplement, low down. News judgement in the I.T. is lazy, self-indulgent and often influenced by political factors (i.e. the agenda). That does not help to sell papers.

The name of the game is survival. The Irish newspaper market is seriously overcrowded, both daily and at weekend, and nobody is making any serious money, or likely to. Sooner or later, something's gotta give. if and when it does, the survivors will be in a better position. I suspect the cannier investors in INM (insert names as you wish) have their eye on a scenario where the I.T. gets into trouble.

No growth as you say, revenue and sales down. Still, internal austerity is having an effect, net profits up significantly. Wouldn't take much in the line of advertising growth to change the picture quite a bit.

editor leaving her post with immediate effect. Rough old world. Only a year ago she was 'one of the brightest of her generation'.

And the Russians will go home to Moscow, and the Israelis to wherever they belong, and peace and prosperity will break out all over. Actually, what sells papers is war, not peace. Unfortunately.

surely you mean not expecting good news? Frankly good news wd be a miracle, in present climate.

At this rate, this will soon be back into buyable territory. Still not sure where good news is going to come from, though.

INM has 18.61 % of APN. Was nearly 29% until last February, when INM dropped out of a fundraising and let DOB take their rights.

good news needed here

ah, at last a friendly face!

Now that Jange has gone to sleep, it seems no-one at all is interested in this company, or in this board at any rate.

sounds like a cost controller primarily, no harm in that, except that's the financial controller's job

interim mgt statement 13 july last year

Will be interesting to see how DOB handles a strike threat, if it comes to that. I doubt if the journalists have the gumption, considering the lack of response to a recent dismissal, phasing out of sub editors etc.

could be a pyrrhic victory

Seems to be definite interest here, but why does nobody post?