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.

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.....