The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Er, no.
Is anyone comparing ITV to Paramount and the $26bn all-cash offer ?
It's time to forget about ITV's valuation in the 60-70 pence range and focus on a more realistic return to a price above £1 per share. And I advise everyone to monitor both the trading volume and, above all, the valuation of ITV against the background of a possible return to the FTSE100 index. Investments in this respect are not made when such a decision is announced, but when it is predictable. In my opinion, it would bring a 20-30% increase in the valuation of ITV shares. I understand that I am repeating it once again, but my assessment is based on moderate financial and UK market predictions. Anyway, we'll see.
I wrote a couple weeks ago: ... that I expect that many investors will be surprised with first quarter financial results and profits predictions for the rest of 2024 year. And it's doesn't matter how be will looking full UK financial market. After 5 years of investment and rebuild of ITV it's coming time for a financial profits. It's not too long to check am I was wrong or right. I hope and impression that some important and big investors had a same opinion and last recent large share volume with over 1.5% daily price changes, indicate that ITV shares are being moved to more aggressive portfolios. Accounting procedures are usually performed at the end of year quarters for a specific purpose and when large changes in the value of shares are expected. I don't think they expected the decline in ITV's valuation. But this is just my opinion when it comes to accounting financial operations. Many people will probably disagree with it Similarly to my assessment that the Canadian Pension Plan Investment Board's short position a few months ago was related to their exposure to ITV shares. For me, this was another very strong buy signal for the stock, although I remember the reaction to my comment.
I think that in a few months we will able to see that I was right in this matter and above all, that the large institutional investors have a much longer perspective to evaluate the investment, also due to potential problems with its allocation on an illiquid market. Some trolls and investors need to understand that institutional investors are less susceptible to emotions and they really more reliable financial assessments of the companies in which they invest too. What matters is long-term profit and the possibility of achieving it on an appropriate financial scale. Short-term speculations are subordinated to long-term investment strategies. All this allows you to limit losses and maximize profits. Patience and cold calculation always win.
Probably more of the same.
“ in line with expectations” is hopefully still in there or better, and I expect Q1 streaming to mention a boost from the much watched Post Office series.
Always the potential for a surprise - in either direction - but maybe mentioning something unexpected about the Studios business could stir the market…
ITV plc Q1 Trading Update for the 3 months to 31 March 2023
Continued significant strategic progress; digital revenues up 29%
"ITV continued to make significant strategic progress in the quarter and all parts of the business performed in line with expectations.
"ITVX has sustained its strong launch, with a 49% increase in streaming hours and a 29% growth in digital revenue in the quarter. Exclusives, such as Nolly and The Twelve attracted new viewers, 80% of whom went on to explore other content on ITVX. In addition, live simulcast viewing of our biggest shows and sports events, including Love Island and the FA Cup attracted large streaming audiences.
"ITV Studios continues to demonstrate significant strategic momentum. With a strong pipeline of content and committed revenues, it is on track to deliver mid-single digit revenue growth over the full year, ahead of the market. This follows record revenues in Q4 2022 and with the phasing of deliveries expected to be weighted to the second half of 2023.
So will they be the same with jam tomorrow,
and the SP going down to 68p ish ????
Any ideas good or bad
If you are waiting for 80p Kiwitwo Forget about ITV and check the sp in 2030.
Getting fed up with share price,if it reaches .80p plus before next divided I will be out,be looking for high dividend payer. ( .80p gives me a 12% profit. )
Dame McCall was re-elected. Troll are able only bark and then tuck their tails...
And one more thing. I am pleased to be among 99.91% of those who voted at the last general meeting of shareholders.
Let's welcome all multiple accounts trolls.
POGO is a Dame McCall superfan, no set of gaffs and lack of leadership, loss of Mkt Cap, share price loss, not one fund adding, the sheer pedestrian mostly backward and lack of progress will stop his misguided view that McCall is a success.
Although experts say McCall's lack of acumen has brought ITV down to penny share status, sad o;d Pogo insults us all with his stupidity.....this guy is no investor, he is praying a miracle will happen and we get a 10% rise. Just to get ITV back to the low sp in 2018 when McCall arrived at ITV we need 150%.......yet Pogo believes the old posh bird is a genius.
On yer bike dipstick!
On any shares we are able to find a time for quick speculation. Unfortunately, in my opinion ITV shares aren't so speculative material. It is a big possibility, that we are get 1-3 day huge increase in share price, additionally secured by buyback. Trying to earn 1-2%, which really means several hundred pounds for an investment of up to £20k, may result in the loss of 15-30% of the potential profit and the need to resign from investing in ITV, make purchases at a much higher price level or wait with troll comments for the price drop. This can be seen on this forum among people who sold ITV before the dividend for around 70-72 pence, and today are trying to convince themselves and others that it will be cheaper so that they can buy back the shares.
LWHL
I only wrote what I think about the stupid, arrogant and offensive opinions expressed here about the CEO and management. As I said. You don't have money - adapt to those who have it. Use other people's knowledge and adapt your investment strategy, or sell shares and change your investment. This is probably a sad reality for some people. And it applies to every joint stock company in which we invest, not just ITV.
I maintain a portfolio of up to 3 companies myself. I think this allows me to somewhat fully control the situation and assess the risk. This doesn't mean I don't make mistakes, but it's the final bill that counts. I also assume that when I find a "dark horse" where the risk of profits to losses is 3:1 or more, I just reduce quickly my investment portfolio only to this one company. This is my strategy developed after almost 30 years (with breaks) of investing on the stock market.
Everyone should assess the risk individually. In the case of ITV, I think I know what I'm talking about. A possible changes, delays or accelerations in tghis cycle in time is always possible. However, the current financial situation of the company and its position on the market, even with external problems, allow for more than an optimistic scenario. The fact that the trolls here try to convince us of the opposite proves nothing. Most of them have neither knowledge nor money, and are only frustrated with the losses they have incurred.
Yes trading up-date next week, so if we go by normal trading after any results / up-dates being very good next week the SP will go down again. Just wondering If I might sell some of the shares I bought back in at 70p ish.
What's the plan guys /girls.?
Meanwhile, ROME burns !! back to 70p next week/week after/etc..
This company is being brought to it's knees by this CEO and her bunch of muppets on the board.
Their gravy train journey continues.
I was going to make a quip about how we cannot afford to invest such large amounts in shares like this one, as we keep on having to pick up the tab for the cheques that keep on being written to feed the military industrial complex on our behalf...but I decided that would probably be in poor taste, so chose not to.
But you almost got a rise out of me, Pogo, I'll give you that :) GLA and here is to hoping we see your 150p year end target.
As you can see, this ridiculous CEO discussion is still going on. Like I said, people have a choice. Just invest £1.5 billion, take power and set the rules. Alternatively, you can invest a little less but reach an agreement with the largest shareholders. If you don't have that kind of money, you should simply either get rid of ITV shares or accept the decisions of the majority of shareholders who wanted to vote. However, I understand that most trolls have not invested more than £10k but believe that they have the right to decide and that they know exactly how ITV should be managed. Of course, all this so that they can become millionaires, get what they can from the company and then look for another chance to make a million. Fortunately, it doesn't work like that in real life or on the stock market.
This CEO is exactly on the place where she should be. She is doing very good job. If you are not agree just... good luck and good bye.
Prediction: up to £1.5 to end off this year. £2.00-£3.00 at the end 2025.
Meh. Most ordinary holders probably did not bother to vote. I did not even look at the document this time.
While I retain my low opinion of the CEO, this is not an AIM stock, where you have no idea what type of scam or hustle might be sneaked into such documents :)
I took a few more off the table, because I now think 80p is not going to happen anytime soon.
Gut feeling is that the 76p ish we saw is going to turn out to be the year high.
More dry powder to buy more potentially, at a lower price range if I am right. Some further profits to take if I am wrong, with the allocation I have left.
But the BOD here are like angels compared to the lot over at PARA.
If anyone watched (the excellent) Succession, then you might wonder if it was a historical documentary, rather than a fictional drama :) GLA.
& now 73p to buy.
"....McCall is re-elected with a 99.91% mandate. "
=======================================================
Surely that cannot be true. With the huge clout Uncle Tom and his comrades have in the investment world they should have managed mustered a better anti-McCall vote than 0.09%....still think there must be a typo. I'm tempted to ask for a recount!
Meanwhile, McCall is re-elected with a 99.91% mandate.
Shows what those that matter think, as opposed to the muppets who slate her on here.
I think that's hilarious! :-)
6 years is a long tenure for a media company CEO. Imagine how media has moved on in 6 years. Clearly whatever the business model isn't working. We don't need any more depressing UK based murder mysteries BTW, Yawn! I do think it's time for a reshuffle and then maybe the sp will start to improve. Making Ant and Dec joint CEOs would win my vote, those cheeky Geordie lads can't be any worse than this incumbant lot. Still ITV is better than the BBC whic IMHO ought to be disbanded and save us all the licence fee.
16,996 shares at 70.22p
Uptick in Buyback volume yesterday - back above daily average.
https://ibb.co/pfDsBZJ