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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
Pogo and herein lies the problem with your narrow, myopic and blinkered trading strategy (you really have exposed your amateur nature today).
Nothing unusual has occured with ITV today. There are no new players and to start making up such guff makes you a liability on this forum.
Take a look at the wider market today Pogo and you will see why ITV is up. Most shares have recaptured some of last weeks loss. My MKS share are up 4.3% today. I have taken that gain and will look to buy back tomorrow there.
I am way smarter than you. I look at a whole multitude of shares. I pool knowledge with friends. I cash in on small gains and make money where you are too frightened to act.
Focussing on one share and advising everyone to hold has exposed you as a one trick pony and poor investor.
Time to back to basic. That means to ITV shares price. Judging by the upcoming ITV price close and my conclusions from Friday, was I right that another player has joined the game, or the current one is significantly increasing his position? It's probably worth taking a look at today's order statistics and buyback amounts after the session.
Revshep
60 years investing...
Hm, another lovely inwestor. Are you from Tom's family?
No offence. Lack of knowledge is not a shame. However, the effects of portfolio fragmentation are easy to check.
An extensive stock portfolio consisting of a dozen or more companies is a big mistake for investors. It is also, in fact, an admission of one's ignorance, lack of understanding of the market, ignorance of market trends or lack of knowledge to determine them.
POGO old Warren Buffett and a bunch of other Billionaire investors have been doing it all wrong. No two successful investors are the same, your the ignorant one! But good luck anyway, on your quest!
Afraid I cannot see your argument. Do unit and investment trusts only invest in 3-4 companies? 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?
An extensive stock portfolio consisting of a dozen or more companies is a big mistake for investors. It is also, in fact, an admission of one's ignorance, lack of understanding of the market, ignorance of market trends or lack of knowledge to determine them. This also means an increase in average costs and a lack of practical understanding of the situation of companies whose shares are part of our portfolio. It also makes management and making effective investment decisions difficult. A small or medium-sized individual investor with capital below £1 million should focus more on the market segment he or she selects and understands, limiting the portfolio to a maximum of 3-4 companies. Splitting the risk among many companies is, above all, hiding one's own losses in their multitude and not a way to gain profits above the market average. This may be an effective psychological defense of our ego, but certainly not the value of our wallet. Describing selectively imaginary profits, although perhaps exciting, is ridiculous when we compare the value of our entire portfolio. Well, but of course we blame everyone but ourselves for the losses. This is a minor digression from the discussions and descriptions conducted by some people. As for me, my stable portfolio based on ITV brought me almost 9% profit this year and several percent from this year's investments. I'm satisfied with that.
Then the local trolls will be silent for a few weeks, only to return to the glory of those who made purchases below 60 pence, love the CEO and are triumphant today, unlike the local investors and plebs.
Pogo or Puggled! when are due back on the Planet Earth? What a stupid post, you have ITV owing you twice the 60p you wish was your stand in price. From 200p to 70p is the real world!
BigEgo
We have a very low volume today, just about 700k shares.
It will be interesting to see how the share price behaves on the end of today and tomorrow, especially after the ITV market strength shown last week. There is also the issue of whether buyback will not allow the price increase so that it does not fall below 1 million shares per day. But I think this is rather certain.
I think that both maintaining the weekly buyback volume at the level of approximately 10 million shares and a significant, although slow, increase in the value of shares are the intended and main goals set by the CEO for this process. The growth dynamics will appear when the market dries up, and each positive information will be the beginning of a fire. Then the local trolls will be silent for a few weeks, only to return to the glory of those who made purchases below 60 pence, love the CEO and are triumphant today, unlike the local investors and plebs.
Solley, thanks for telling us that ITV aren't RR, what an observation. ITV's dismal non growth and demise are certainly not a comparison to any other Media company if you think the RR comparison is unfair. Is there another that has been such a loser? How anyone with an investment in this dog can constantly defend the company's lacklustre Board of Directors is beyond me.
Nothing moves the share price and we all know it will stay plodding along until they get shot of the useless Dame who lives in a world where a 6th rate ham actress come faux Princess can sway decisions for a Public company CEO. Talk about the Post Office scandal, what about the ITV scandal where ordinary shareholders have seen their life savings disappear. You are correct Solley. ITV are no RR, but if we liken it to a car, it's more like a second hand Lada with the handbrake stuck on!
BigEgo
Don't try to explain it to trolls. They know their stuff. And your math knowledge is no match for theirs.
It's like explaining anything to an idiot whose knowledge and self-righteousness cannot be overcome by any logical argument or truth.
By "Dividend Zone" I mean the area on the chart between 73.20 and 69.90 where the 3.30 dividend was taken out.
Currently at 70.76 so this represents a rise excluding the dividend adjustment, and therefore holding through ex-dividend day still seems the best longer term approach for non day-traders...
Once it clears 73.20 we are in brand new territory post May dividend... might get a boost... :)
Solley. Has a portfolio of shares bought and sold and has had rr four the last two years .
Cricket will start up soon. The Dame's husband runs and administers a club. Carolyn can probably be found sunning herself in a deck chair with champagne glass in hand for the next few months. Her self appointed cronies will call her if any presenter abuses young runners and she is needed in Parliament to spin bare faced lies again.
On a day like this, with the buy backs and all the potential good news. Plus having one of the best CEO's behind the wheel, backed up by a highly experienced board of directors, you'd expect the SP to be flying.
I must be missing something. Maybe its because the CEO is a dud, just like her team of parasites feeding on the fortunes of ITV.