Member Info for NickBee

Sorry Metallica!

Sounds like the lyrics to an early Metallic song....

Would be nice. If we get to 50p I'll host it!

Some excellent progress today. I think 20p is a very modest target. I've been in and out here for 10 years now and the bombshell news never happens. I'm holding out now for 40p plus

This seems to be pretty likely and should start to bring the SP back upwards.. "Agger-Hanssen wants the company to start using its 30mln-plus online audience as a Launchpad for digital start-ups. He added that he intends to refinance the £220mln bond debt which is currently hanging over Johnston Press, and he has lined up investors to take on the sizeable debt. Credit agencies have previously said the company – which is also behind dozens of local UK publications – would not be able to refinance its debts when they mature in 2019. The new investor takes a different view though and reckons Johnston’s cash generation is “strong enough” to refinance the debt at an interest rate of only 3%, almost two-thirds less than its current rate of 8.6%. Need to act quickly US hedge funds have been positioning themselves for a takeover in recent months by snapping up the company’s bonds at a discount. As a result, the 55-year-old said he was looking to “take the initiative” and get the ball rolling as as soon as possible. “I believe in the company and I think that they will be able to sort out the bond issue and that we can help them do that,” he told the Daily Telegraph

I sold out last year but at 4p I'd be looking to buy back in

Nicely through 30p this morning

Great to see the SP climbing again, brings back some very happy memories! I think the comments around CA both here and ADVFN are insightful. A change is coming, the only question is whether AH will be the man to take us through it. He has made significant changes but the performance data and SP tanking must have felt like a real kick in the teeth. I guess the question is how long to you give a person to prove their own plans can work. The recent rise in SP hasn't come on the back of improved trading data or debt restructuring but on rumours, speculation and gossip. If we could see some real improvement in the actual numbers this could fly. Last quarter looks like a turnaround and if this continues it could be enough to keep the rise going. Most analysts are tipping low end 80p target and high end 160p. I nearly sold 4 years ago when we had another positive run and I'm still 80% down on where I was then. Much to wife's horror I bought more in at 10p! I'm going to hold out again for triple digits..... I think we all deserve a bit of luck here as it's been a long time coming

Most analysts still tipping 80-120p. I've been in here heavily since 2008 so I've lost out massively from the peak. However, I bought in again heavily at 10p so I hoping for good things again. All of this is happening on the backdrop of falling revenues, decline of print and huge debt. My optimism comes from how this could perform if we get a glimpse of positive data which still may come later this year. If we get debt restructure and positive data I'm hopefully of 100p+ again before year end

I suspect AH about to spend more time with his family

In my personal opinion; I think a 90% fall in the share price since the re-structure is too much for most of us to handle. I was ridicoulously optimistic about AH and really fell for the strategy he posted. Im afraid he couldnt deliver on the promises but has personally come out of this very well. The market has grown tired of his digital rhetoric and debt re-structure promises. The business still makes money but the last 4 years have been a total, unmitigated failure for investors, staff and the communities the papers serve. I now , with a heavy heart, welcome change. A fish rots from its head.

Some people can't stop themselves..... schadenfreude!

I bet you keep posting!

I'd like to think so as so much over recent weeks doesn't justify another collapse in sp. Perhaps a nice steady increase over the next 12 months is what we all deserve... (up to the 100 mark!)

Some decent appointments. I suspect the CA position is around a genuine hope of longer term recovery and many of the changes we will start to see are agreements made behind closed doors last month staring to feed through. They will be governed by investment risk strategies, investor agreements and other portfolio considerations so a complete "plough in" for a 10% plus holding is probably not an option at the moment. They seem to be having a positive overall effect so I'm pleased wI think their influence so far. This has slid for the last 5 years or more so we need to take a month to month view. I'm as anxious and impatient as anyone else but I know my own faults!

Sorry it's www.fca.org.uk

I agree about the MMs. I think anyone can refer their concerns in via the FSA website.

I agree but lots of ex employees really angry about changes and many post here.

Let's see this Friday where we close. I suspect we will be still at about 18p which is 80% return for many who got back in a month ago. I'm in this for longer term so if it's still at 8p in a year I'll agree with you

We must have similar traits as I also held Jpr and igas for the past 5 years. I've lost patience with igas and sold up last week and bought more into jpr! Shale gas is huge but it needs the full support of the Government as in the US. Everyone knows the risks but the state needs to talk openly about them and then go on to accept them. Until we have an unequivocal statement from the Government you will see local authorities blocking this on a local level. Sad but true. I've found the best way to succeed on igas is to get lucky on the weekly swings of 30-40% but you need a large investment and balls of steel to make it pay.