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Johnston Press - UKs bigest fuckup.

spygirl

By spygirl
in Property Prices & Economy

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Kwyjibo

Kwyjibo

Posted
Posted
2 minutes ago, One percent said:

The problem is that there is no actual news in the newspaper. What is there tends to be factually inaccurate. 

Tfh mode, I’m wondering if this isn’t anther deep State attempt to undermine local communities. 

Ours went from a daily to a weekly under JP, but the older generation seem to still buy it more as a habit they dont want to let go of. I had a look through one for the first time in years last week and as the famous rap song goes "It's got 99 pages but the news ain't one"

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sancho panza

sancho panza

Posted
Posted
On 11/10/2018 at 18:57, Kwygibo said:

Ours went from a daily to a weekly under JP, but the older generation seem to still buy it more as a habit they dont want to let go of. I had a look through one for the first time in years last week and as the famous rap song goes "It's got 99 pages but the news ain't one"

Local papers have been sh1t for years.Amazed they lasted as long as they did.

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spygirl

spygirl

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Posted
On 29/06/2018 at 21:16, stoobs said:

I've never fully understood the difference/relationship between the YEP and the Yorkshire Post.

YEP was the evening Leeds paper.

YP was the Yorkshire daily.

 

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spygirl

spygirl

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11 hours ago, sancho panza said:

Local papers have been sh1t for years.Amazed they lasted as long as they did.

The papers might be shit - but thats down to the fuckups that are newspapers owners.

Local papers is one area of the media where making money still outh to be shooting fish in the barrel.

The fact they a lot of JP tit4ls re stigglign aer down to the fuckups who are JP.

Other newspaper groups show a lot of more profit.

None sized being able to consolodate and rationaise assets - presses, back offices.

Mts papers were run by jounres who, to be frank, are useless at operatign businesses.

I note the JP share price is down  to 2.5p today.

I think its in its last week.

 

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spygirl

spygirl

Posted
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Posted
On 15/10/2018 at 09:25, spygirl said:

The papers might be shit - but thats down to the fuckups that are newspapers owners.

Local papers is one area of the media where making money still outh to be shooting fish in the barrel.

The fact they a lot of JP tit4ls re stigglign aer down to the fuckups who are JP.

Other newspaper groups show a lot of more profit.

None sized being able to consolodate and rationaise assets - presses, back offices.

Mts papers were run by jounres who, to be frank, are useless at operatign businesses.

I note the JP share price is down  to 2.5p today.

I think its in its last week.

 

1.97p today.

20% down.

WIll it make Friday?

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spygirl

spygirl

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15 minutes ago, dgul said:

1.54, -40%.  Freefall.

Well ..... its fallen from, whhat, 600p ~ 5 years ago.

More a bit of flapping around before it dies.

 

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spygirl

spygirl

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4 hours ago, azzuri82 said:

Shares up 88% so far today. What's happened?!

Fell to 1.5, then rose to 3p.

Thats all.

If you want to buy jp then you are a braver person than me.

Just idiots buying becuase its fallen 88% this year.

JP equity is worthless.

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sancho panza

sancho panza

Posted
Posted
56 minutes ago, spygirl said:

Fell to 1.5, then rose to 3p.

Thats all.

If you want to buy jp then you are a braver person than me.

Just idiots buying becuase its fallen 88% this year.

JP equity is worthless.

Still,it's got a market cap of £2million...

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spygirl

spygirl

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7 hours ago, Errol said:

I don't see any long term future for this company.

Well, todays newspapers used to be tomorrows fishnchip wrappers - until HSE got involved.

Now todays newspaper companies are tomorrows ...

 

 

8 hours ago, sancho panza said:

Still,it's got a market cap of £2million...

https://www.bbc.co.uk/news/uk-scotland-scotland-business-35559192

Johnston Press to buy i newspaper for £24m

Way to create value ...

 

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spygirl

spygirl

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On 23/10/2018 at 06:20, spygirl said:

Well, todays newspapers used to be tomorrows fishnchip wrappers - until HSE got involved.

Now todays newspaper companies are tomorrows ...

 

 

https://www.bbc.co.uk/news/uk-scotland-scotland-business-35559192

Johnston Press to buy i newspaper for £24m

Way to create value ...

 

Johnston Press to sell I newspaper...

https://www.bbc.co.uk/news/business-46169125

Assuming it goes ahead.... what price.

I reckon less than 10m.

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spygirl

spygirl

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22 minutes ago, dgul said:

So without I JP is bankrupt -- too much debt for the remaining assets to cover.  I suppose it's easier than getting the receivers to sell I...

The equity has been effectively 0p for the last years.

200m of debt, due next year. 3m of equity. Yeah right.

And a big pension deficit.

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King Penda

King Penda

Posted
Posted
On 22/10/2018 at 22:08, sancho panza said:

Still,it's got a market cap of £2million...

does it have any assets has such,other than reams of paper.

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spygirl

spygirl

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1 hour ago, stokiescum said:

does it have any assets has such,other than reams of paper.

Oh its got assets - shoukd see the woman who does thd local small ads...

However its dwarfed by liabilities.

Whos first?

JP, GE or Debenhams.

On 22/10/2018 at 22:08, sancho panza said:

Still,it's got a market cap of £2million...

Idiot fucking retail punters.

Catching falling knives.

 

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spygirl

spygirl

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Journos are some if the stupidest people going.

Never put one in cgarge of the money.

https://www.pressgazette.co.uk/alan-rusbridger-says-guardian-in-a-fantastic-situation-as-he-hits-back-at-ex-daily-mail-editor-paul-dacre/

Akan Rusbrudge went on Brienian like ptocess, empliying 100s of sub efitors at great expense.

Paul Dacre is correct. 150 years of company well on its way to going under.

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sancho panza

sancho panza

Posted
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6 hours ago, spygirl said:

Daily mail.

Not sure if its JP wishful thinking.

 

Why would anyone buy it and take on the liabilities when they can jsut take the market share when it closes.

Daily mail won't be buying anything off JP.

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spygirl

spygirl

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4 minutes ago, sancho panza said:

Why would anyone buy it and take on the liabilities when they can jsut take the market share when it closes.

Daily mail won't be buying anything off JP.

I think its the potential admistrators sounding out prices for assets.

Id guess JP are bust, admins in now, announcement on monday.

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