Mcclatchy Co Cl A (NYSE:MNI)

CAPS Rating: No stars 0.00

The Company is the newspaper company in the US, also has a robust network of internet assets, including local websites in each of its daily newspaper markets, offering users information, comprehensive news, advertising, e-commerce and other services.

Caps

How do you think MNI will perform against the market?

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All Players

138 Outperform
110 Underperform
 

All-Star Players

23 Outperform
32 Underperform
 

Wall Street

5 Outperform
4 Underperform
 

Top MNI Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

bradford86 (99.80)
Submitted January 02, 2012

this is a real estate play that would be trading at $10 if the company was forced to stop operations and the properties went out at auction.

jed71 (99.66)
Submitted August 19, 2015

This might go down as either the most brilliant or dumbest management move in 2015. I’m not entirely sure which it will be yet, but you can probably guess which way I am leaning. :)In my view, this move reeks of desperation: “McClatchy approves share… More

MNI VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from players about MNI.

Recs

0
Member Avatar EvanBuck (99.92) Submitted: 8/20/2015 10:51:25 AM : Underperform Start Price: $9.60 MNI Score: +59.23

Shoulda kept my downthumb on this...ended it in negative points because I got slightly scared. Oh well. But yeah, buying back stock with a good chunk of the little cash you have left is generally a bad, desperate move.

Recs

1
Member Avatar jed71 (99.66) Submitted: 8/19/2015 11:05:46 AM : Underperform Start Price: $9.50 MNI Score: +54.06

This might go down as either the most brilliant or dumbest management move in 2015. I’m not entirely sure which it will be yet, but you can probably guess which way I am leaning. :)

In my view, this move reeks of desperation:

“McClatchy approves share repurchase program authorizing it to purchase up to $15 mln of common stock through Dec 31, 2016”

Is anyone really buying this? They have $32MM in remaining cash and have burned ($152) MILLION in free cash flow in the first six months of the 2015 fiscal year. Why in the world would management think this is a good idea? They have a MASSIVE negative tangible equity of ~($880MM) and a decent amount of debt. I don’t really see how this company has any value for shareholders AT ALL.

To be honest, if I saw some large insider purchases, I might be fooled by this move. But with no purchases (that I can find) in the past 12 months, I really don’t believe any of this. So what are they going to do when they need financing? Issue more stock at $0.50 a share? They already have quite a bit of debt so I cannot believe they’ll be able to go that route.

I’ll be surprised if they stay afloat for longer than 12-18 months. It seems to me that this one is going to be ripe for class action lawsuits, and honestly, I am surprised the “corporate ambulance-chasers” haven’t already pounced on this carcass.

Recs

0
Member Avatar ExpectedValue (< 20) Submitted: 7/4/2015 4:54:33 PM : Outperform Start Price: $10.30 MNI Score: -61.68

MNI is at multi-year lows despite notable improvements in balance sheet & leverage. Q3-EOY could see further declines, but overall long-term value looking at next year and beyond (assuming a reasonable amount of competence by management). They have plenty of room to maneuver, and I expect thisstock will be back in the $3+ range in < 2 years.

Leaderboard

Find the members with the highest scoring picks in MNI.

Score Leader

Phoenix748

Phoenix748 (< 20) Score: +292.01

The Score Leader is the player with the highest score across all their picks in MNI.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
Phoenix748 < 20 10/27/2008 Underperform NS $19.05 -59.31% +232.70% +292.01 0 Comment
ArniusG 95.50 8/12/2009 Underperform NS $21.50 -63.95% +184.93% +248.89 0 Comment
stockjock11 < 20 1/27/2010 Underperform NS $55.00 -85.91% +159.47% +245.38 0 Comment
hendrixtrader < 20 11/2/2009 Underperform 5Y $26.80 -71.08% +171.13% +242.21 1 Comment
Lingdoc 29.50 1/26/2010 Underperform 5Y $48.10 -83.89% +158.21% +242.10 0 Comment
SocraticGolfer < 20 7/19/2010 Underperform 1Y $34.20 -77.34% +163.74% +241.08 0 Comment
rickdoom 44.81 10/29/2009 Underperform 5Y $28.10 -72.42% +168.40% +240.82 0 Comment
streetflame 29.20 9/3/2009 Underperform 5Y $17.40 -55.46% +182.98% +238.44 0 Comment
hlabrey < 20 1/22/2010 Underperform 5Y $48.80 -84.12% +153.89% +238.01 0 Comment
paperhunter < 20 1/22/2010 Underperform 5Y $48.80 -84.12% +153.89% +238.01 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackPoisedTo < 20 5/2/2012 Underperform 5Y $26.70 -70.97% +101.78% +172.75 0 Comment
TrackJohnKeeley < 20 12/31/2010 Outperform NS $46.70 -83.40% +152.56% -235.97 0 Comment
TrackZacks < 20 6/29/2009 Underperform 3M $5.00 +102.00% +3.07% -98.93 7/22/2009 @ $10.10 1 Comment
TrackZacks < 20 10/20/2008 Underperform 3M $32.69 -79.81% -15.67% +64.14 2/4/2009 @ $6.60 1 Comment
TrackDeutscheSec 83.52 7/1/2008 Underperform NS $50.43 -84.63% +130.11% +214.74 0 Comment
TrackWellsFargo 88.35 6/13/2008 Underperform NS $62.54 -87.61% +117.68% +205.29 0 Comment
TrackSoros 85.51 3/31/2008 Outperform NS $86.23 -91.01% +121.85% -212.87 1 Comment
TrackJimCramer 85.59 3/6/2008 Underperform 3W $71.64 -89.18% +124.50% +213.68 0 Comment
TrackBrandes < 20 9/30/2007 Outperform NS $155.76 -95.02% +93.87% -188.89 2 Comments
TrackJohnRogers 48.16 9/30/2007 Outperform NS $155.76 -95.02% +93.87% -188.89 6 Comments
TrackSherman 23.75 9/30/2007 Outperform NS $193.27 -36.51% -4.17% -32.33 12/31/2007 @ $122.71 1 Comment
TrackWellsFargo 88.35 7/2/2007 Outperform NS $251.34 -57.63% -9.94% -47.69 1/29/2008 @ $106.50 0 Comment
TrackJimCramer 85.59 2/21/2007 Outperform 3W $368.50 -75.39% -10.22% -65.17 3/6/2008 @ $90.70 0 Comment
TrackLehmanBros < 20 11/8/2006 Underperform NS $331.90 -91.65% +0.22% +91.88 4/17/2012 @ $27.70 0 Comment
TrackCreditSuiss 89.08 11/8/2006 Outperform NS $331.90 -97.66% +117.53% -215.20 0 Comment

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