+ Watch GCI
on My Watchlist
An international news and information company operating primarily in the United States and the United Kingdom.
Holding company with too many second rate brands and not enough synergies between them. No growth in revenue or profits on the horizon, as most of the cost savings from newspaper cuts have already gone into effect. Not the worst play with a 4% dividend, but even that's not enough for me to put my money at risk. Also, company wastes money on CNBC advertisements. Why advertise a holding company? Must be looking for new shareholders....
Balanced portfolio of holdings, management might be best suited spinning off some of the unrelated underlying businesses
Being valued like a dying newspaper business when in fact it owns a portfolio of great companies that are generating consistent earnings and great ROE.
Do I believe in the newspaper business for the ultra-long term? Maybe not. Perhaps the internet will take over. All I know is is that USA today is at every check out stand at every grocery store. It's the most popular newspaper in America. And frankly, all the hate on the newspaper industry is just making this undervalued - read: a great investment.Return on Equity is at a whooping 28.37% which is near the top of the industry. It's PEG ratio is under one, which suggests that it is undervalued. And it even provides a nice bonus - a 1% dividend, a rarity in the industry.
Not a high flyer, but a solid value play. With a P/E below 6, this is a bargain. Plus, Warren Buffett likes it and just added it to his portfolio this year.
More diversified than you would think at first pass - cash flows good - underpriced at $14
Expect a pop in earnings on their TV side from political ads in the fourth quarter, and the ad revenue in the newspapers should recover in 2011 on the strength of increased ad buys from car dealers and a pickup in employment ads.
Trust Buffet will shoot up soon. target $27
Come on. Newspapers are not going to die.
$10 a share
Gannett's USA Today is a daily paper that is not affected by the reader defection to free Internet news. It contains well written articles and a weather map that would please the most demanding reader. As local and state papers fall to the wayside I expect to see USA Today pick up the slack and run for a touchdown.
if this was so hot, Rupert would of bought this, but its not!!!, the internet is eating its market share, the only place they can sell newspapers these days are at retirement homes and doggy parks!!
Good products sell themselves. The S&P 500 will continue to suffer severe losses throughout year 2009.This is an easy call to make.
Cheap stock, contrarian call. Eventually they will figure out how to make money again. Debt load is large but should be manageable. Cashflow is strong, 2008 loss of $29 / share was due to non cash write downs. Underlying cashflow was over a $billion vs. dividends of $366 million. Need a strong stomach to ride, but should be worthwhile.
There not out of business yet . And its priced under 3 times net earnings not cash flow net earnings with industry normal debt . A great portfolio of assets . They took a huge write down already . They may have to do more but at this point the % of tangable assets on the sheets are making up the larget protion . GCI has a diverse grouping of assets and is the right size to be aquired . Its cash flow positive if you lift the accounting smoke and mirrors while everyone talks about a depression . It is a proxy on the news business in the USA but has worldwide assets . This is a no brainer here for total return for people with a long term horizon . If they lowered the dividend to buy back shares and or lower debt I doubt the price would be effected . This is a wondeful opertunity at this price . They are taking the right steps to survive and grow out of the downturn . Don't think about where the PPS came from but where its going while your paid market interest if the dividendis maintained at 5% . God Bless .
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