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Ah, so you haven't taken to the nickname "robthenob," have you? It seems you're quite content when the humour is directed by yourself isn't that right? And here you are, once again, with your trademark Tom-style response, waxing poetic about ITV's miraculous past, who could forget that fateful day in January 2018, awaiting its salvation? But pray tell, where do you suppose that share price would be now without the visionary leadership you so passionately dismiss. Surely, lost in the abyss of technological upheaval. Oh, the irony of it all. How amusing.
Well, isn't it hilarious how someone of your obvious low caliber fails to recognise the merit in salvaging a struggling FTSE company? Clearly, turning around a ship destined to sink doesn't count as an achievement in your book.
Windy, Robthe nob, how witty you are, not funny! But what is hilarious is your statement that ITV were struggling when in January 2018 the gaff prone posh bird arrived. On that day the share price was a struggling £1.67p and the company was ready for it's new broom so to speak. So what happened next, well Windy the Dame certainly got hold of reins and burst into action. From that lowly share price of 167p she went tooth and nail into turning ITV around, well Windy I won't bother trying to educate that vacant space between your ears, I will let today's close of 70p portray what she has achieved......a fall of 60% plus over six years. What a turn around, what a plonker!
Robs60,
...or should one say robthenob,
Well, isn't it hilarious how someone of your obvious low caliber fails to recognise the merit in salvaging a struggling FTSE company? Clearly, turning around a ship destined to sink doesn't count as an achievement in your book. It might be time to toughen up, either double down on your investment or gracefully bow out of your streak of losses, old chap.
PS
'As if any investor would sell their ITV stake because of a post from Wimbledon Tom, or me or you for that matter.'
You know yourself, Tom, Janus1 was taken in by your tomfoolery.
Attention, new investors: Be wary of WimbledonTom's motives, aimed at impeding ITV's advancement. His persistent attacks on the CEO, are his primary tactic. He frequently adopts alternate pseudonyms. Those who recently sold their shares, before results, because they were influenced by his nonsense are no doubt regretting it.
Winstanley or should I should I say Windbag, I find your disregard to others is brought about by your ignorance and high opinion of yourself. As if any investor would sell their ITV stake because of a post from Wimbledon Tom, or me or you for that matter. You style of investing is a road to the poor house and your belief that McCall is a great CEO shows how dumb you are.
What a joke, someone who thinks destroying the value of a FTSE company by 70% is a great achievement, time you cashed in your chips me old mate, you are demeneted!
Only 17k in buyback today and about 400k in two days. Volume in last days as the same average level. As we know JP Morgan which is responsible for buyback is working for private investors too. Is it the reason so small buyback 'volume, I don't know. 9th May is coming soon...
She must stay:
Dame Carolyn McCall's tenure at EasyJet coincided with a crucial period of economic recovery, undoubtedly contributing to her favorable reputation during that time. Her ability to navigate market forces and steer EasyJet towards success reflects her strategic prowess and adaptability. While some may perceive her as disconnected or out of touch, her leadership qualities and experience in managing a large corporation are undeniable assets. Under her guidance, ITV has undoubtedly faced challenges, but it's essential to acknowledge her efforts to address shareholder concerns through initiatives like the buyback, demonstrating a commitment to long-term sustainability. Rather than dismissing her achievements as mere luck or circumstance, it's worth recognizing her contributions and considering how her expertise can continue to benefit ITV's future trajectory.
………………………………………………………………………………………..
Attention, new investors: Be wary of WimbledonTom's motives, aimed at impeding ITV's advancement. His persistent attacks on the CEO, are his primary tactic. He frequently adopts alternate pseudonyms. Those who recently sold their shares, before results, because they were influenced by his nonsense are no doubt regretting it.
The City see Dame Carolyn McCall as an old woke elitist who lost her way after riding the market forces at Easyjet, Her time at Easyjet was from 2010 to 2017. Well timed Carolyn as the world recovered from the 08/09 meltdown Carolyn looked good as the rising tide raised her boat along with every other in the water.
To anyone with a jot of acumen, it is clear she gained her spurs by default and every week that goes by we are reminded that she has made ITV into a Woke Joke and this buyback is a farce. She claimed that the buyback would benefit long suffering shareholders who have seen their investment shrink like a pound shop pair of knickers! Every ITV thread is sick of her, she has proved that her Easyjet success was nothing to do with her and all to do with a Global recovery, she has no clue, another old posh bird riding on the kerosine fumes of her time at Easyjet. She must go and soon if ITV are to recover from her six years of abject failure.
Could not put it any better Omalley, well said !!
She forced this SP down to 70p with her "well paid" for bad decisions/management.
Sack the CEO and the BODs now!
It appears the general feeling is that if ITV get shut of the gutter snipes the SP will respond positively. I'm convinced.
What is it that she's actually achieved that somebody on half her salary couldn't have ? What makes her so special to deserve being paid over 20 million to trash the SP ? I'm lost for words how anybody could support her.
@BigEgo , a mistype old chap ( not got my reading glasses with me today ) but the thrust of my post remains the same . The SP isn’t going anywhere very far while company is run by incompetents who don’t deserve their remuneration
Spaghetti25 - No not " c28 million shares"
Total Number Of Shares Repurchased : 38,075,071
Total Value Of Shares Repurchased (Using Average) : £27,184,419
If c28 million shares have been bought via buyback , given tailwinds of a general rising market and next interest rate move likely to be lower I can only assume from a fairly flat SP that institutions are selling into this rise . If we are lucky we might get 85p this year but that’s your lot and I’ll be out of this dog before then. CEO and BoD are the problem. No real recovery until they are gone .
Becky Emmett returnd to her ITV roots:
https://pressgazette.co.uk/the-wire/media-jobs-uk-news/itv-news-itvx-newsnight-acting-editor-becky-emmett/
NEW: Added - Average Daily Value Of Shares Repurchased
NEW: Added - Largest shareholding analysis
Calculated As At Last RNS Dated : 22-Apr-2024
Number Of Active Days (count of RNS Buyback announcements) : 27
Available Funds : £235,000,000
Total Number Of Shares Repurchased : 38,075,071
Average Price Paid (p) : 71.40
Total Value Of Shares Repurchased (Using Average) : £27,184,419
Average Daily Value Of Shares Repurchased (Total / Active Days) : £1,006,830
Remaining Funds : £207,815,581
Remaining Funds As % Of Available Funds : 88.4%
Used Funds / % Of Buyback Completed : 11.6%
Original Voting Rights Before Buyback : 4,052,409,194
Current Voting Rights : 4,014,334,123
Current Reduction In Voting Rights : -0.94%
* Estimated Total Number Of Shares Repurchased At Completion : 329,145,957
* Estimated Voting Rights At Completion : 3,723,263,237
* Estimated Reduction In Voting Rights At Completion : -8.1%
* Based on remaining funds and current average price paid, will vary as buyback progresses
** Estimated Completion Date Assuming Current Velocity : 04-Feb-2025
** Based on current average shares repurchased per day, will vary as buyback progresses
*** Largest Shareholding (Liberty Global) (taken from simplywallst) : 398,515,510
*** Current Size of Largest Shareholding (based on Current Voting Rights) : 9.9%
*** Future Size of Largest Shareholding (based on Voting Rights At Completion) : 10.7%
*** Assuming Shareholder does not reduce holding size during Buyback
ITV 2024 Buyback - Value per day (as at 22/04)
Graphical representation of the daily £ value of the 27 buyback RNS's so far, showing the most recent 2 broke the slight uptrend
https://ibb.co/QYx1p2q
Will you be making a bid for itv pogo in the near future
Coming back to my question...
I won't be surprised if some new declassified buy recommendations for ITV shares appear on the market in the next few days. But as usual, these are just my speculations related to the observed situation on the ITV shares stock.
Strike123
I don't want to and have no right to advise you, but in my opinion the banking sector has the biggest profits behind it. Therefore, I rather believe that it would be best to sell the shares held before the financial results of the largest banking companies appear this week. The near future continues to see growth in the military and technology sectors focused in this area. In addition, it is time for companies related to the individual consumption market and the related entertainment and advertising sectors. These are just my observations and my own thoughts.
Revshep,
"I was always taught that to invest wisely, it was better to invest in serveal different companies and in different sectors of the market, to speard ones riak and to get a blanced portfolio. I must have been doing it wrong all of these 60 years that I have been investing?
"
I had nearly 15 companies just before pandemic struck and all 15 were down and couldn't avg down much in all 15 companies as you can imagine need to double the investment in all 15 companies. Even now I have 15 companies in my portfolio. Few go down and few go up and it feels like my investments did not move much as I do not sell when in profit and that profit erodes eventually due to the macro factors.
I'm thinking to change the strategy this year and have maximum 3-5 companies and top up when they go down but still not clear when to bank profit as the moment I sell there is a fear that it might go higher after I sell. With RR sold early after nursing loss for nearly a year and now lost big profit on that although have £4k profit on it currently. Again not sure if I should bank profit on RR yet but will leave it for now.
I dont have any in trusts and funds. All in stocks.
Would be good if others can comment on their strategies.
As a reminder: the average buyback on the ITV market is between 25 and 30 percent of volume up to 4.30 p.m. It's also worth taking a look at the day order - transactions book because it looks interesting too.
I have no intention of thinking for anyone else on this forum..
Are you even of an age where you can legally drink?
"rapidly increases your job"
Please translate the above into a phrase that makes sense.
I think buyback is able to slow down for 2-3 days, but after this time they need to accept any ITV price and rapidly increases your job.
Will be nice to observe all next sessions up to the Friday.
But it's my holiday. Sunshine and another drink time ;)
Pogo your post makes no sense whatsoever. No new game here. This is buybacks. BigEgo spells it out far better than you ever can. You pose questions. You then answer them yourself. You insult everyone else's intelligence.
BigEgo's post about buybacks every day are incredibly useful. Looks like somebody is authorised to scale back or increase buybacks. We were looking at 2 million a day initially. Looks like a target price has been reached and less support is now required?
After only 391k as a buyback result today, just want to repeat my question again. What do you think about this? Is it a new game' player or an "earlier" investor with a rich cash portfolio which just rapidly from last week increasing your ownership and investment in ITV shares market? That is a good question, because "why" is at least clear to me. And it's better to think about and draw conclusions like just stupid conversation, how some people are be able to make some money in the past ,.. but... always someone or something always stood in the way of their investments, even if they lasted 60 years.
Just in - only £277k was spent today... interesting - definitely a choice was made by someone for some reason...
Date of purchase: 22 April 2024
Number of ordinary shares purchased: 391,408
Volume-weighted average price paid per share (pence): 70.91