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It's a fair point. I've made twice on this in the past ten years. Previous rises have been unpredicted and to a large extent unexplained. I think there is value in the company looking at the long term contracts they hold but like all print based businesses they are suffering. A rising tide lifts all ships, so let's hope for more positive news next year

Johnston Press plc had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at Panmure Gordon. Panmure Gordon have set their target price at 230 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 411.1%

Logged onto my dealing account at 420 and showed an offer price of 210p? Hope it's a sign!

I'm afraid I have no idea, which is no help to you whatsoever. However, I've been with this holding for five years now and such movement after results is a reoccurring theme. Although many we very pleased with the results, the decline in print and circulations is often why the City doesn't see it the same. We saw a sudden increase 2 years ago which tripled investment for many and there was no obvious reason for this either. I have bought in further at these prices as I believe it represents good value on a risk vs reward basis. I'm hoping for positive movement after May. If you track TNI against JPR over the last five years you will also see significant correlations.

Johnston Press underlying pre-tax profits soar By StockMarketWire | Wed, 25th March 2015 - 07:32 Johnston Press posts underlying profit before tax of £29.9m for the 53 weeks to 3 January - 235.1% up on last time. And the group has clinched a major four-title print contract by Express Newspapers in a multi-million pound, five-year deal. The local media group will print the Daily Express, Daily Star, Sunday Express and Daily Star Sunday at their Dinnington (Sheffield) site after securing the contract to print Express Newspapers' north of England titles. The titles are currently printed at Broughton, Preston. It is anticipated that issues will first roll off the Dinnington presses in July. The group's results show that total underlying revenue fell by 4% to £265.9m, reducing the rate of decline from 5.2% in 2013 and 7.4% in 2012. Total advertising revenues of £165.7m declined 4.7%, print advertising declined 8.7% to £136.9m while digital revenues were up 20%. The employment category led the way with revenue growth of 3.4%, becoming the first to reach the overall digital tipping point. Newspaper sales revenue was down 4.8% from £81.8m to £77.9m. Chief executive, Ashley Highfield, said: "Following the refinancing we are seeing the business transform into a modern multimedia organisation. The strong growth in our digital audiences and accelerated growth of digital revenues, aided by the roll-out of Digital Kitbag and the launch of Sky Adsmart and 1XL are changing the shape of the Company. We are excited about the future for the business and confident of delivering on our strategic objectives of growing an engaged audience base and returning our business to top line growth".

25 March 2015: Johnston Press has been awarded a significant four-title print contract by Express Newspapers in a multi-million pound, five-year deal. The local media group will print the Daily Express, Daily Star, Sunday Express and Daily Star Sunday at their Dinnington (Sheffield) site after securing the contract to print Express Newspapers' north of England titles. The titles are currently printed at Broughton, Preston. It is anticipated that issues will first roll off the Dinnington presses in July.

Key highlights1: Profit before tax: Underlying profit before tax increased 235.1% to £29.9m from £8.9m Operating profit: Increased for the second consecutive year to £55.5m – up 2.8% Revenue: Total underlying revenues of £265.9m reflect a decline of 4.4% for the period Digital revenues: Up 20.0% for the period, from £24.0m to £28.8m representing 17.4% of advertising revenues (2013: 13.8%) Digital audience grew by 35.8% to an average of 16.7m in 2014 (2013: 12.3m) Cost reduction: Operating costs reduced by £13.8m net of investment in digital Operating margin: Up to 20.9%, from 19.4% Continued debt reduction: Net debt down to £184.6m at period end (2013: £302.0m), reflecting refinancing - See more at: http://www.johnstonpress.co.uk/investors/news

Please don't quote me on this but I believe this is the company referred to that now owns more than 9%. looking at their party performance and investments they seem to see longer term value in this share. With the fatal decline of print and the tireless mantra of going digital I suspect much interest in Jpr is around its potential acquisition rather than its rise from the ashes. I have significant interest here and when asked aadvised anyone who asked me to sellout at the 18p peak when it came 12 months ago. I didn't follow my own advice as I still believe a wider economic upturn will see jpr being swept along to somewhere near 40-50p mark in old money Orbis was founded in 1989 to provide clients with performance-oriented global investment management based on the principles of fundamental, long-term and contrarian thinking. Our core skill is bottom-up stock selection and we use our own research to select equities that we believe are priced significantly below our assessment of their intrinsic value. We believe that a focused portfolio of such equities will deliver superior long-term returns and, importantly, less risk of loss than the average equity portfolio.

Looks like we might be on the move again. Lots of chatter about the Orbis Holdings 9%. Fingers crossed

Having held JPR for several years and recently increased my holding like many others I would suggest any movement in price will happen before the 29th. The steady increase this week is cause for slight optimism. In my opinion the return of market confidence will come through solid debt and cost management not a digital revolution which would have happened long before now if it was going to.

A long detailed analysis for somebody with no interest in this company....... There are many detractors with axes to grind

DEBS has it about right. Once your rights lapse you may receive a payment but it is not guaranteed. My broker has also informed me the trading will commence Monday so fingers crossed. I suspect we are all sat on a ridiculous number of shares so if 28p ever comes again Im taking early retirement!

An interesting view thank you. Ive just sold my tni holding to fund the excise of my jpr rights. Same sector but very different start and end point in my opinion. Jpr has some significant downsides but there is more than me that thinks this could be worth the risk. 3p is a very low starting point and even a modest rise will reap significant rewards.

This is a depressing day for anyone who checked their portfolio yesterday. However, there is an opportunity for existing holders and at the price quoted some profit should be quickly realised. JPR is a fairly simple company that should be ticking along quite nicely with a clear strategy around digital media. If debt can be managed and appropriate refinancing achieved my longer term target of 40p still seems achievable. Certainly not a time to sell in panic. Hold your nerve

The parts of the business that are guaranteed to make money are still falling. It all hinges on whether they can turn digital hits into profit.

For the first time in 5 years I suspect we will genuinely see some data which causes true optimism. A combination of debt restructuring, metric increases and a credible plan around turning digital engagement into revenue. Combined with aggressive cost cutting and wider economic data we should be in for a return to the 30s plus. Good luck everyone..... 5 years in the doldrums may finally be over.

Many weeks ago I posted my analysis around jpr and tni performance correlation in terms of sp. I set a target of 25p which was reached quite easily before topping out at 30p. Imo this is still a realistic target and the market has probably already factored in the end of March results with the new appointment and rapidly increasing audience figures. Debt weighs heavy on everyones mind so despite the hype I would suggest 27p is a good selling point IF you are in for the short term. Longerterm I believe it will probably reach 40p plus but not on the back of its own performance. The sustainable gains will only come about if the wider economy fires up later this year as many anticipate.

And this appointment is what we all hoped for..... somebody who can turn digital subscribers into profitability. He had a proven track record. AH is placing strategic confidence in the new guard. Some good buy ratings and targets above 25p seem to be powering this sustained price push

Looks like we are finally on the move. 30% increase required to catchup tni so fingers crossed. Historically these take some pressure to move but when they do it is impressive

Overlay TNI (Trinity Mirror) against JPR for the past five years and you will see an uncanny correlation which has served me well. TNI saw a 20% increase yesterday. There is normally a shadow pattern with JPR tracking 5-10 days behind