Member Info for sellsell

Damn, bought back in at 10p, should have bought more!!! But as they say only buy what you can afford to lose, gambled with my JP trading profit from a few years ago. I'm hoping for a price of 55p now, for a good profit. Fingers crossed this chap buys more and pushes AH out.

Well it can all come crashing down again. I recon it will level out soon at around 15p and stay there until there is some good or bad news. Although my predictions are always way off which is why I haven't bought any shares for quite a few years. With AH in charge, its like betting on a lame horse

JP used to print News International titles, in 2012 they paid £30m to get out of the contract. Print contracts can be a good earner. I stupidly bought back in last week after selling years ago, used my profit from the sale which was sat doing nothing. Don't want to risk any more, as it can all go back down, but at 10p, thought it was worth another punt, fool?? Lots of buys today, so someone is being a bit active. Company should be worth £50m

Usual positive spin, but who knows the real answers? http://www.pressgazette.co.uk/ashley-highfield-interview-strong-johnston-press-digital-display-advertising-growth-shows-advertisers-are-returning-to-trusted-local-press-brands/

I'm guessing they have some good news going by your post. AH tweeted the negative bit of Trinity Mirrors results today. Something you shouldn't do if JP's is worse.

Won't be long before this is a penny share again, will they do a 50x consolidation again?

Significant number of journalists to be cut, announcement today “The planned restructure is designed so that we can continue publishing our community titles for as long as possible, against the backdrop of the challenging commercial pressures we face.” http://www.pressgazette.co.uk/johnston-press-points-finger-at-google-and-facebook-as-it-outlines-drastic-editorial-cuts-at-scottish-titles/

I have a short, but very small holding. When I sold my shares, I didn't sell them all, kept a handful which were worth about £1500 (7500 when sp was 20p, now 150 shares at 13p - £20). Not even worth the hassle of selling. That consolidation nonsense was a killer, I'm glad I resisted to buy more shares when forced upon us which would have been more money down the drain. If you read comments on websites on HTFP, you get some insight into the real goings on from the comments. Press Gazette is also a good source of info, yesterday the year on year sales were announced. The i was down 7.9% to 270000. Was close to 300000 this time last year. JP bought the i for £24m, now the whole company is worth £13m!! Just hope CA step in and force some changes for the better, hopefully the SP rises.

Not good news for staff or shareholders. Upto 15% of sales staff are to be cut! The business relies on selling ads to current and new customers, either cold calling or knocking on doors. Can only mean that ad revenue will go down. A vicious circle of future job cuts and inevitable quality of the products. I don't think the SP will ever recover. http://www.holdthefrontpage.co.uk/2017/news/up-to-128-jobs-at-risk-in-regional-publishers-restructure/

If your wondering why the shares have taken another dip. 10 of the 20 worst performing regional daily papers are JP ones. With the Scotsman selling just over 20k copies a day now. The 10 dropped between 14-25% of their readers in the past year. Web traffic increased but they haven't managed to monetize it yet. As the readers drop, so do adverts as they will go elsewhere. Company value is now £9m, even though that includes the recent i purchase for £24m. I don't think the chief executive is earning his salary which was £1.65m last year. Latest figures here http://www.holdthefrontpage.co.uk/2016/news/cuts-hit-regional-daily-newspaper-tops-abc-league/ I was going to take a punt, but looking at the figures I'll buy something else as its only going one way. Especially as they have to refinance next year. Too much of a risk for me

Regional newspaper figures are due to be released in a few weeks. If its anything like the results 6 months ago, JP was one of the worst performers losing a higher percentage of sales than other publishers, some losing 10-15%. http://www.holdthefrontpage.co.uk/2016/news/editor-less-regional-daily-tops-abc-league-table-again/ JP have failed to monetise the web, so rely on print for income, hence the poor profit in the past year despite https://www.nuj.org.uk/news/transformational-or-delusional/ Less than 1000 editorial staff produce 450 publications - this is the reason for the decline in quality, sales and most importantly - Profit. Share price will keep falling, it will be a penny share again soon, followed by another consolidation - what a stupid idea that was!! Current share price is 0.2p in old money

10% of the editorial workforce are due to be cut, 100 members of staff. http://www.pressgazette.co.uk/johnston-press-has-shed-half-its-journalists-2009-more-1000-jobs-gone As the journalists get cut, the quality drops. Have a look your local printed JP paper, they are poor. Digital revenue isn't the saviour as they have had years to get it to work. Sadly, this is going one way. Chief Exec dumped his shares in May last year when they were 151p, he knew what was going to happen. Which is just 3p in old money. It's now 0.8p a share if you ignore the consolidation, which was a big mistake. There is loads of regular news and chat from former editors and current staff, giving great insight into the inner workings at Johnston Press at www.holdthefrontpage.co.uk

This company is only worth £65m now, just been researching and the chief exec got paid £1.65m last year. No wonder the profits are so poor taking such a huge salary. There will be many taking huge wages. Shares were consolidated by a factor of 50 this year and the share price has dropped from £1.75 to £0.62 in a matter of months. I was going to dabble at £1.20, so glad I didn't. I can't see the shares increasing back to its high, unless a takeover happens.

Drops in sales as follows for the Dailies Yorkshire Post - 15.7% Scotsman - 10.8% Edinburgh Evening News - 12.1% Sunderland Echo - 16.8% Sheffield Star - 12.7% http://www.holdthefrontpage.co.uk/2015/news/abcs-all-the-figures-for-regional-dailies/

It's a bad sign when front line staff are cut, must have serious money troubles. How can a newspaper not have any photographers? Glad I ditched these shares a while ago. http://www.holdthefrontpage.co.uk/2014/news/more-photographic-jobs-axed-by-jp/

I sold a while ago, not surprised the share price is so low. Johnston Press has slashed staff numbers in recent years and employed 4,350 people at the end of 2012 (a 23.1 per cent drop year on year). In 2006 it employed 7,849 people. A further 300 were cut in 2013. Lots more this year, so must be less than 4000 staff now. The chief exec is pushing the digital dream where there is little cash. The money is in print media, which is in rapid decline. Bumping up cover prices and shedding staff. Look at the latest round of redundancies. All the photographers in the South. Relying on user generated content won't work. Sales will decline further, more job losses and more importantly fewer advertisers. It's the advertisers that will make the company money, I choose to spend elsewhere like facebook and hired a PR firm. Why spend money on advertising when you can get a PR firm to produce User generated content, and get in the paper for free - my PR firm charged less than the going rate for the Ads I took out. I think the share price should have been 5.5p after the rights issue. 3p sends me alarm bells and if I were still holding, I'd be calling for a new CEO.

Stick me on your list, my holding is 92220