Looks like MMs sneekily triggerd AT
sell stops earlier this morning at level
just under support.

Certainly buys are now dominating as they
were before the MMs actions.

Bullish article on ample 'week ahead'.

Panmure Gordon Buy rating.

Results Thursday.

Somebody mentioned shorts on the stock
earlier.

Well from IG Index their new 'Market
Insight' offering it would appear from
the Client Sentiment tool a proxy on
short selling and updates every 15
mins.. that the shorters are in short supply.

See below........

Client Sentiment

LONG 97% of IG clients with open positions in this market expect the price to rise

3% of IG clients with open positions in this market expect the price to fall

The article I was refering to yesterday
re- broker Buy on Ample site. ........................

http://www.iii.co.uk/articles/27551/week-ahead

The media sector will then come into focus with Aegis (AGS) and Trinity Mirror (TNI) updating investors.

Panmure Gordon has a 'buy' rating on both stocks.

On the former, the broker cites "above-average EPS [earnings per share] growth, a slimlined group asset mix, strong management track record and solid account momentum" as reasons for its positive stance, while stating that the latter should have better shareholder returns given the appointment of a new chairman.

Trinity Mirror PLC TNI

Brokers by and large seem to
be positive on TNI especially
latest ones which should be
looked upon as significant
given sunday sun.



FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
12-03-12 BUY 100.00 28.40 4.00 105.00 29.60 6.00
Singer Capital Markets Ltd
12-03-12 BUY 89.00 25.90 4.00 91.70 26.60 5.00
Numis Securities Ltd
08-03-12 HOLD 84.10 24.30 3.00
Milkstone Ltd
10-02-12 HOLD 87.00 24.80 3.00
Investec Securities
07-12-11 BUY 90.10 26.07 91.35 26.11 3.00
The Royal Bank of Scotland NV
28-11-11 HOLD 81.49 23.69
Altium Securities
11-11-11 HOLD 82.30 23.70 73.40 21.10 2.00

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 88.19 25.39 3.50 92.06 26.33 4.28

1 Month Change -0.02 -0.00 0.00 -0.02 -0.00 0.01
3 Month Change -0.56 -0.07 -0.19 1.86 0.55 0.42


GROWTH
2011 (A) 2012 (E) 2013 (E)
Norm. EPS 136.77% -20.37% 3.69%
DPS % % 22.49%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £134.40m £126.22m £132.21m
EBIT £94.50m £93.70m £94.20m
Dividend Yield % 8.90% 10.91%
Dividend Cover x 7.26x 6.15x
PER 1.23x 1.55x 1.49x
PEG 0.01f -0.08f 0.40f
Net Asset Value PS -112.65p 298.50p 290.70p

TNI TRINITY MIRROR

For those who thought we were
going to be hit by shorters sorry
hasnt happened..............

IG Client Sentiment... updates every
15 minutes and is a proxy on shorting

Client Sentiment

LONG 95% of IG clients with open positions in this market expect the price to rise

5% of IG clients with open positions in this market expect the price to fall.

TNI

Trinity Mirror

The publisher of The Mirror and The People has suffered the way other print media outlets have in recent years, with increasing numbers of people turning to online sources and ditching the dead tree approach -- I can't remember when I actually last bought a printed newspaper myself.

Profits, along with the share price, crashed, and dividend payments were suspended. But with a belated move towards online news, Trinity Mirror may well have turned the corner. While full-year profits for December 2011 and 2012 will be still way down on pre-trouble times, there's a dividend expected again. And though it'll only be around a tenth of pre-suspension payouts, forecasts suggest 5% for 2011 and 9% for 2012.


http://www.fool.co.uk/news/investing/2012/03/13/five-bombed-out-bargains.aspx

Trinity Mirror to Launch Daily Deals Business

Trinity Mirror is launching "happli", a nationwide daily deals business, focused on attracting and retaining loyal, long-term customers for retailers.

The launch is supported by a £10 million investment over the next two years with the business forecast to deliver net revenues of around £20 million by 2014.

The deals business represents a good strategic fit for the Group, focusing on delivering simple, high value, local and national deals directly to customers.

The sector is an increasingly important area in selling marketing solutions to small and medium size enterprises (SME). Strengthening our relationships with SME advertisers through the provision of a diversified range of digital products and services is a core strategic imperative for Trinity Mirror.

New Business Launch........

http://www.investegate.co.uk/Article.aspx?id=201203150700383782Z

Concensus forecasts TNI were looking for

Trinity Mirror Forecasts
Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield

31-Dec-11 752.58 92.38 26.60p 1.5 n/a -7% n/a 0.0%


Looks to me like they have just beat them
certainly EPS.

heres the results........



Results



Statutory results (2)
Adjusted results (2) (3)



2011
2010
2011
2010



52 weeks

£m
52 weeks

£m
52 weeks

£m
52 weeks

£m

Revenue
746.6
761.5
746.6
761.5

Operating profit
92.4
138.0
104.5
123.3

Profit before tax
74.4
123.7
91.9
108.6

Earnings per share
31.4p
44.6p
27.0p
30.6p

http://www.investegate.co.uk/Article.aspx?id=201203150700193872Z

Yep they have come just above concensus
figure brokers were looking for on
Digital Look.

Secures new financing aswel........

http://www.investegate.co.uk/Article.aspx?id=201203150700273840Z

Very pleased with the resultss, was thinking
of the worst but these are a lot better
than I thought wed get.

Should please the CITY.

Brought borrowing down aswel, nice.

Very pleased with that.

Latest stock on loan figure
from Euroclear doesnt make good
reading for the bulls.

April figure due any day........

GB0009039941 TRINITY MIRROR 10P 25943016.45 250092887.68 10.37

10.37% of stock out on loan a proxy for shorting.

TNI TRINITY MIRROR

SORRY BUT THE TECHNICALS LOOK TERRIBLE
HERE AND CAN ONLY SEE THIS DROPPING
FURTHER.

Trinity Mirror is just about the cheapest company on the market on prospective and historical P/E and price-to-cash-flow. At 28p, brokers' expectations for the current year place the shares on a P/E of 1.2! But net debt of £221m makes the P/E more like 4.9 against enterprise value.

Trinity publishes five national newspapers (including the Daily Mirror, of course), over 130 regionals and over 500 digital products for advertising and so on.

Trinity managed to reduce its debt last year by almost £45m due to strong cash flow. Also, the group's freehold property currently valued at £177m may be worth more in practice. If you think newspapers have a viable future, Trinity looks too cheap.

31.00

+4.50 (+16.98%)

Good rise today it did look to cheap.

http://www.moneyam.com/action/news/showArticle?id=4420318Half-Yearly Financial Report

for the 26 weeks ended 1 July 2012



Key Highlights



Commenting on the results for the half year, David Grigson, Chairman, Trinity Mirror plc, said:



· Operating profit (1) up 11.5% to £52.5 million and earnings per share (1) up 23.7% to 14.6 pence

"We have increased operating profit and earnings per share despite a revenue decline of 4.0% to £356.0 million due to the difficult economic environment."



· Continued focus on profitability of our core print assets while investing for growth

"We increased the profitability of our core print assets and we are continuing to invest in the technology led transformation of our publishing capabilities and in new products and services across multiple digital channels."



· Strong cash generation and a reduction in net debt (2)

"Operating cash flow remains strong with net debt reduced by £40.3 million to £180.9 million since the year end. We made a repayment of £69.7 million of maturing private placement loan notes and our leverage (3) continues to fall rapidly from 2.3 times at December 2009 to 1.3 times at June 2012."



· Outlook

"Although the trading environment is expected to remain difficult, the Board anticipates that through strong operational management and the benefit of a fall in newsprint prices for the second half, we will deliver an outcome for 2012 which will be ahead of current expectations."

UP 20%, one I have read right for once. :-))

Cashed in.

Nice one!

Thanks skinny, we all need a few more like this. :-))

Two more tabloid newspapers were dragged into the phone-hacking scandal tonight with the former England football manager Sven Goran Errikson among four people intending to sue the Daily Mirror and the Sunday People.


The former nanny to David Beckham’s children, Abbie Gibson, has been joined by Coronation Street actress Shobna Gulati and the former Blackburn Rovers captain Gary Flitcroft in seeking damages at the High Court from the People.

Mr Errikson’s action against the Daily Mirror could prove the most damaging to the owners of the two titles, Mirror Group Newspapers, given that it relates to a period when Piers Morgan was serving as editor.

Mr Morgan, who was sacked as editor after his newspaper was found to have used faked photographs of British soldiers abusing Iraqi prisoners, denied any involvement in phone hacking after he was implicated during the Leveson Inquiry by high-profile figures such as Jeremy Paxman.

Although neutral on this stock
surely its a brilliant time for
holders to stock up on the cheap??.

The reaction seems well overdone to the phone hacking.

Tempted to buy some myself on this fall. Dont know anything about newspaper business but looks like one hell of a over reaction.

Finger poised over the trigger.

Lifted from across road.


mechanical trader 23 Oct'12 - 11:41 - 4542 of 4543 edit

TNI Trinity Mirror......

Just out......

23 Oct Trinity Mirror PLC TNI N+1 Singer Hold 63.88 71.75 70.00 70.00 Reiterates

70p SP Target.

mechanical trader 23 Oct'12 - 11:42 - 4543 of 4543 edit

TNI Trinity Mirror.....

And another one.....

23 Oct Trinity Mirror PLC TNI Panmure Gordon Buy 63.88 71.75 90.00 90.00 Retains

90p SP Target.

Trinity Mirror says has not received phone hacking legal claims23 Oct 2012 - 11:43

LONDON, Oct 23 (Reuters) - Trinity Mirror said it had not yet received any legal claims over allegations of phone hacking. "We note the allegations made against us by Mark Lewis in today's papers," the owner of the Daily Mirror tabloid said in a statement on Tuesday. "We have not yet received any claims nor have we been provided with any substantiation for those claims." On Monday, Lewis, the lawyer who led phone-hacking cases against News International, filed legal claims against Trinity Mirror on behalf of four people, including the former England soccer manager Sven-Goran Eriksson. [ID:nL5E8LN2L6] Trinity Mirror added that all of its journalists work within the criminal law and the Press Complaints Commission Code of Conduct. (Reporting by Rhys Jones; editing by Paul Sandle) ((r.jones@thomsonreuters.com; 44 (20) 7 542 4166; Reuters Messaging: rhysl.jones.thomsonreuters.com@reuters.net)) Keywords: TRINITYMIRROR

EK said that this was undervalued months ago...was about 37p at the time.....wish I had taken more notice...65p now on a drop...

brokers on side

Date Company Name Broker Rec. Price Old target price New target price Notes

23 Oct Trinity Mirror PLC Panmure Gordon Buy 65.38 90.00 90.00 Retains
23 Oct Trinity Mirror PLC N+1 Singer Hold 65.38 70.00 70.00 Reiterates

65p still too high to step in, once hacking gets into gear, this will go to 30p.

Good positive start.

Another good short... hacking news gaining pace.

Gone long ist thing.

Recovery mode going well here......

Key Highlights

· Improving revenue trends, in particular circulation revenues

· Good growth in digital audience with unique users1 up 25% year on year to 31 million and page views2 up 36% year on year to 163 million

· Continued strong cash generation with net debt falling by £25 million to £132 million

· On track to deliver targeted structural cost savings of £10 million in 2013

· We remain confident in the outlook for the Group's performance in 2013

Outlook

Revenue trends have improved over the 17 week period, despite the trading environment remaining challenging. We continue to expect an improvement in the rate of decline in revenues as we progress through the year as the benefit of our strategic initiatives start to take effect.

The benefit of our strategic initiatives and our targeted cost savings of £10 million gives the Board confidence in the outlook for the Group's performance in 2013.

http://www.investegate.co.uk/trinity-mirror-plc--tni-/rns/interim-management-statement/201305160700078309E/

Trinity Mirror upgraded by Numis
16th May 2013, 09:52

Numis has upgraded its recommendation on newspaper group Trinity Mirror [LON:TNI] to ‘buy’ from ‘add’ after the company published a “solid” first quarter interim management statement for the 17 weeks ended 28 April 2013.

The City broker has a price target of 132 pence per share on the stock offering a potential upside in excess of 40 per cent.

At 9:50am: Trinity Mirror share price was up 8.88 pence at 101.63 pence.

I'm sure this will prove to be one of those 'value trap' shares that seem cheap but never actually recover...pe ratio of 3. the cashflow is more interesting though, it paid down debt in no time after acquisition of local world regional newspapers. Also is using it's printing presses for the guardian and other dailies.that pension deficit though just keeps on growing.....