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The Local Radio Company (TLR)

Sector:

Media

Market Cap

£1.98m

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Price Unchanged0.000p ()

Share Price

2.75p

GCap's Capital 95.8 falls behind Kiss

By Jamil Hussein

Date: Thursday 01 May 2008

LONDON (ShareCast) - Radio firm GCap Media saw its London station Capital 95.8 fall behind Kiss for the first time, according to the listening figures published by Rajar.

First quarter figures showed Capital's weekly reach was 1.56m, up from the previous quarter's 1.52m. But Capital fell into fourth place behind Kiss, owned by Bauer Radio, which saw listening figures rise to 1.56m.

Bauer's Magic remained in number one spot in London with 1.97m listeners, followed by Global Radio's Heart, which rose to 1.85m. Both had 5.8% of the London market each.

GCap, which last month accepted a £375m cash offer from Global Radio, saw total reach fall 3% to 14.4m listeners. It's Xfm station continued to lose listeners, with total reach down 7% to 1m.

The Heart breakfast show remained on top spot ahead of Capital's equivalent, which added 1,000 extra listeners to total 943,000.

The Local Radio Company saw total listeners rise 2% to 925,000 per week. Total listening hours in the quarter were 7.6m and in line with result from the same period last year.

"I am pleased to announce that we have increased the number of listeners across our network of stations year on year," said Local Radio chairman Richard Wheatley.

“This good set of results supports our strategy of producing high quality local broadcasting across our network of stations,” he added.

Overall, Rajar’s figures showed that radio listening rose 1% to 45.4m. Digital radio, despite recent concerns about its viability, had 17.8% of the listening share, up 7% on the last quarter.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TLR Market Data

Currency UK Pounds
Share Price 2.75p  
Closing Price Change 0.000p
52 Week High 23.50
52 Week Low 2.50
Volume 0
Shares Issued 71.91m
Market Cap £1.98m
RiskGrade 693

Performance Indicators

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
54.45% above the market average54.45% above the market average54.45% above the market average54.45% above the market average54.45% above the market average
52.76% above the sector average52.76% above the sector average52.76% above the sector average52.76% above the sector average52.76% above the sector average
Price Trend
88.99% below the market average88.99% below the market average88.99% below the market average88.99% below the market average88.99% below the market average
82.98% below the sector average82.98% below the sector average82.98% below the sector average82.98% below the sector average82.98% below the sector average
Income Not Available
Growth
20.02% below the market average20.02% below the market average20.02% below the market average20.02% below the market average20.02% below the market average
19.08% below the sector average19.08% below the sector average19.08% below the sector average19.08% below the sector average19.08% below the sector average
Price Chg 6m
84.59% below the market average84.59% below the market average84.59% below the market average84.59% below the market average84.59% below the market average
80.14% below the sector average80.14% below the sector average80.14% below the sector average80.14% below the sector average80.14% below the sector average
P/E Not Available
PEG Not Available
Dividend Yield Not Available
EPS Growth Not Available
Operating Margin
66.44% below the market average66.44% below the market average66.44% below the market average66.44% below the market average66.44% below the market average
77.1% below the sector average77.1% below the sector average77.1% below the sector average77.1% below the sector average77.1% below the sector average

TLR Dividends

No dividends found

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

TLR Key Personnel

COO Alistair Mackenzie

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4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).