A DETAILED COMMENTARY
Times Media Group, which owns the Sunday Times, Business Day and a few other media assets, had results out that, while showing a loss, also showed a rapid pay-off of the debt raised for the deal that saw Blackstar essentially take control. This debt repayment is from free cash and not asset sales, which is even more impressive, but what I really liked was the detailed commentary from CEO Andrew Bonamour. Many CEOs (or their PR companies) write a brief and often meaningless commentary. But here we have detail, a lot of it explaining the overall strategy, going into further detail on the different assets and how it all fits together to make profits going forward. This is exactly what one wants from a listed company, detailed and frank assessment and understanding of the company and its plans.
Times Media Group