The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
bonker99 can you please give a little more info on this, I am trying to teach myself charting at the moment. What your opinion on this, and the predictions sp wise? I've noticed we maybe looking at the formation of a cup and handle.
We have a strong support at this level with a clear reversal on the horizon.. Matching Low indicates a bottom has been made, even though the new low was tested and there was no follow through, which is indicative of a good support price.
lets hope we see the trend continue fro the rest of the month. Could still easily double from here.
EBITDA equal to debt almost 1 to 1, This should be at least double.
next stop £1
onwards and upwards now.
order being filled perhaps?
Should break 60p tomorrow.
however I think we may be heading in the right direction for once... The current Market cap is still extremely low, I'm expecting this to tick up to over £1 before the end of the year.... Even that would look cheap.
on very little volume, are we at the start of a breakout I wonder :)
As they are subject to price sensitive info I'd imagine so.
I can see a steady rise up-to £1 over the next few weeks... plus we get div in the meantime... crazy not to. Once they announce interested parties this will shift!
Is really failing to impress me... He needs to turn this around and quickly in my opinion.. Mecom is at a all time low. Tom It's time to step upto the plate. I never thought I'd say this but I wish we had DM back he's has a much better understanding of the industry. The sale of Edda media was the correct move in my opinion however it's taken far to long.. We need to move fast and be more agile otherwise we just get left behind. Maybe at this price we may see a takeover attempt.
Correction surely due.
We are in a miles better position, the SP drop us mainly sentiment based in the sector and the overall euro situation as a whole! We will see a correction fairly soon, advertising is down mainly due to concerns about the eurozone and recession. They expected 12 we got 17, doesn't really justify 50% reduction in company value especially at that only accounts for 40% of revenue! Total manipulation by the markets to pick up cheap stock and spook PI's. If the proposed disposal of Edda Media goes ahead, the newspaper group will be left with a material cash boost and a relatively low gearing of two times net debt to ebitda – relatively healthy compared to others in the sector. We have also moved into other advertising streams and iPad apps which will now start producing significant additional income
No way will I sell at these prices. News round the corner about the disposal, plus 5 director buys? Each to there own thou.. News of edda, will make this fly.
The SP is an absolute joke... Tom T really needs to UP his game now... I never thought we would see sub £1....The sale has taken far to long IMO that needs to happen ASAP. Director buys at this price also sickens long term holders.... They obviously saw this coming, where was the vote of confidence at £1.50? They need to sell Edda and also seriously consider breaking this up and selling off other assets. Sooner rather than later....
This should start to rise now with news of the Edda sale around the corner, this will shoot up rapidly if and when sale is confirmed. Mecom have placed a IMS on 26th April, so hopefully that will focus on progress made with the authorities. All going well we could be in the region of £3 very soon. £1.60 is a crazy price. GL ALL
looks like they have re-branded themselves... much much better. The old website was shocking. http://www.mecom.com/
http://www.ft.com/cms/s/0/8b28f726-3a1b-11e1-a8dc-00144feabdc0.html#axzz1itzdENGR