sports round up

The share price of the Johnston Press is 8 pennies this morning.
No more and no less.
8p.
What a magnificent demonstration of the skills and abilities of the sublime and enlightened men who fired me from my job at the Leinster Leader three weeks before last Christmas.
8p.
It's the price of them.
The Johnston Press has the lowest share price of any of the 20 companies whose prices are cited by the Daily Mail as media sector companies on the British stock exchange.

Yesterday the investment brokerage known as Teathers downgraded its earnings per share estimates for the Johnston Press. Teathers said: "We have amended our advertising fade assumption for Johnston Press in line with our thinking on Trinity Mirror. As a result whereas we saw a covenant breach as improbable in our comments in the wake of the Interim Management Statement (given the levels of advertising fade in our prior estimates) this now looks likely in our revised numbers."

I wonder what all that means. Something called Teathers thinks the Johnston Press may be facing a covenant breach. I've been told the term covenant breach refers to a company having difficulties paying the banks what it has undertaken to pay them at a particular time.
So Teathers thinks a covenant breach is likely now for the Johnston Press when the share price of the Johnston Press is at 8p.
Well.
Duhhhhhhhh.

Amidst the momentous events unfolding in the city of London, it is strange to see up to twenty visits being registered at The Heelers Diaries every day from Johnston Press offices.
With their share price in free fall I'm surprised they have the time.
And when do they ever get around to producing newspapers?
Presumably when they're not so busy popping in here to read up on Paddy Pup and the Mammy.
Occasionally in recent months someone operating from a Johnston Press office in London has mustered the chutzpah to leave comments on this blog.
He has a Bulldog DSL internet connection.
There have been four comments from this source.
They reveal something of the calibre of the individual concerned.
The first comment was: "Why were you fired from the Leinster Leader?"
The comment might more aptly and more honestly have read: "Why did we fire you?" But let's not sweat the small stuff.
His second comment came a few weeks later and was also: "Why were you fired from the Leinster Leader?"
He must have thought it was a good one.
Having spent two years coming up with the courage to leave a comment at all, I suppose it was difficult for him not to use such class material twice.
The third comment was: "Shut up and move on. Build a bridge and get over it."
Clearly this man should be writing novels.
He's literate.
That's what he is.
His fourth and final comment was a sneering aside about my dropping two grand in a bet on John McCain to win the American Presidency.
I thought this comment was funny, so I didn't delete it.
But naughty, naughty, very naughty.
Hopefully God will give him a good smiting in the bawls.