tag:blogger.com,1999:blog-8099437767970534324.post5086594557966741073..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: Stock | For Smead, GCI need only survive 5 yearsJim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-8099437767970534324.post-3994034360228558502012-09-13T13:44:02.483-04:002012-09-13T13:44:02.483-04:00Under Al's watch, I'll file a request with...Under Al's watch, I'll file a request with the SEC, for a hearing, to suspend Gannett from trading. stock, on the big board. After communication, with an SEC investigator. I withdrew it. I sometimes wonder what have happen i f I went threw with it.rmichemnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-20380469216398933272012-09-13T00:19:08.632-04:002012-09-13T00:19:08.632-04:005:11, I doubt you have to worry about being promot...5:11, I doubt you have to worry about being promoted. You don't get it at all. If you seriously think that people have to sacrifice integrity to get promoted, then I hope your workplace fires you tomorrow.<br /><br />Look at Jim. He has no integrity, and he hasn't worked in years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-35144767029693970812012-09-12T23:57:07.948-04:002012-09-12T23:57:07.948-04:00Only a few newspapers will survive a second Obama ...Only a few newspapers will survive a second Obama term. Mostly the smaller ones, because of a lack of local digital competition, the very largest, and anything Murdoch owns.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-7348969338914099682012-09-12T23:00:08.169-04:002012-09-12T23:00:08.169-04:0010:47 PM is quite right. The online news business ...10:47 PM is quite right. The online news business is very much a product of the print news people. Digital subscriptions are modest in volume. I remain worried. The stock is up partly on a momentum play and there's a lot of short covering. And oh, what about the oncoming recession?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-37616926588185927842012-09-12T22:47:11.452-04:002012-09-12T22:47:11.452-04:00@4:22 - Gannett is not making a lot of money onlin...@4:22 - Gannett is not making a lot of money online. Gannett is using content mostly created for its print and broadcast products and repurposing it for an online revenue stream. If the online portion had to pay for the content that it's selling advertisements around, it would be operating at a loss. Therefore, the company has to keep the print and broadcast divisions afloat. That's Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-79545745289556753002012-09-12T21:33:38.554-04:002012-09-12T21:33:38.554-04:00This guy's analysis is so boneheaded. What inv...This guy's analysis is so boneheaded. What investor in their right mind would be willing to lose their original investment in exchange for the dividends? Dividends are supposed to be extra in investing. I know people who have a lot of money invested and I would never encourage them investing their money in GCI. It's too much of a risk.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-55178586793413506272012-09-12T21:03:01.501-04:002012-09-12T21:03:01.501-04:00THE LESSON HERE
Mr. Smead is just one of thousand...THE LESSON HERE<br /><br />Mr. Smead is just one of thousands of professional investors. Most of whom have their own views and opinions of the world.<br /><br />Just like the "experts" in D.C. and NYC. None of them have a lock on "the truth" and the future.<br /><br />Remember that, on your next story. When some slick joe complains about "false equivalence" -- Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-46504729368940988672012-09-12T17:11:52.644-04:002012-09-12T17:11:52.644-04:008:28, I'm with you. Sigh. That's why for a...8:28, I'm with you. Sigh. That's why for all of us, at some point in our career/job, we have to decide whether we give up a little (or a lot) of personal integrity to get a promotion and a more comfortable lifestyle. Or have a little less, live within our means and sleep soundly at night knowing that we've done our best to do no harm.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-38635530752684374482012-09-12T16:22:51.257-04:002012-09-12T16:22:51.257-04:00I think this guy has called it spot on. Gannett i...I think this guy has called it spot on. Gannett is making a lot of money on-line and ad customers are getting response to the ads they place with our websites. The on-line audiences we have built are growing significantly and we're really starting to make good money from them. For the first time in many years I feel confident that we have a bright future and the stock price is only just Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-51597477014380690932012-09-12T13:29:37.094-04:002012-09-12T13:29:37.094-04:00Mr. Smead speaks the ruthless language of Wall Str...Mr. Smead speaks the ruthless language of Wall Street. Newspapers are doomed. And what's left is going to be mostly a mess. A few will pay for the NYT or WSJ and nothing else.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-51518109075500956072012-09-12T13:20:30.471-04:002012-09-12T13:20:30.471-04:00It appears 54 year old fund manager Bill Smead wil...It appears 54 year old fund manager Bill Smead will do well with his Gannett investment if he lives five years. If he lives longer - say fifteen years - he will do very well with his investment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-42724129054933360482012-09-12T11:29:22.716-04:002012-09-12T11:29:22.716-04:00There is a key bet that Smead and others are makin...There is a key bet that Smead and others are making - that newspaper advertising won't go off a cliff. <br /><br />If that happens, then Smead will never recover his $15 a share investment. If revenues continue to steadily decline, however, then he still has a shot at making money, and that's what he's counting on. <br /><br />Gannett's challenge is to hold onto those print Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-86010736045825270192012-09-12T09:01:27.812-04:002012-09-12T09:01:27.812-04:00Mr. Smead forgets one of the most basic principles...Mr. Smead forgets one of the most basic principles of investing: Past performance is no guarantee of future results.<br /><br />Another boneheaded idea is that "professional journalism" is "undervalued." Nobody has ever paid a dime for "professional journalism".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-36231072722314033822012-09-12T08:28:18.873-04:002012-09-12T08:28:18.873-04:00I love Wall Street guys. Love they way they so co...I love Wall Street guys. Love they way they so coldly talk about a companies future as if it's a collection of brick, steel, and dry wall. As long as they're making money they don't give a shit about anything else.<br /><br />And yeah...I know how the world works so you can save your "that's the way the world works" responses. I'm just saying.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-3307265640519372062012-09-12T07:09:49.244-04:002012-09-12T07:09:49.244-04:00I'm missing something here.
Gannett's an...I'm missing something here. <br /><br />Gannett's annual dividend is 80 cents a share. Assuming it doesn't change, an investor will earn $4 in dividends over the five-year period Smead is referencing.<br /><br />Under that scenario, how does he recover his $15-per-share investment in only five years? <br /><br />Seems like it should actually take 18.75 years (15/.80) to get back the Jim Hopkinshttps://www.blogger.com/profile/16712746705871119746noreply@blogger.com