Stvg Share Price (STVG)

£100M market cap is peanuts.

Netflix now giving STV some work.

It's pocket change for the likes of Netflix and ITV to grab STV

ITV have leap frogged us post results, helped by big share buy back. So STV share price flat over 1m , ITV +15%. The appalling lack of institutional interest in UK SMEs is a disaster for a vibrant economy, and this is a case in point. It's no bloody wonder that overseas players and PE can't believe their luck, even with interest rates back to 'normal ' levels after the grotesque distortions of central bank QE.

Am starting to lose track of the number of UK companies getting taken/bid for at bargain basement prices -here's list off top of head: (2023)RPS, Biffa, Devro, Curtis Banks..and last 6 months..Hotel Chocolat, Direct Line, Currys, Mattioli Woods, Virgin Money, Wincanton, and others I cant quite recall, . Jeremy Hunt's tinkering isnt going to make an iota of difference ; much firmer action required frankly and the idea that UK is an enterprise economy continues to be a sick joke.

Strong set of results but clearly linear advertising still holding them back. All the metrics look promising and whiff of return of tv advertising with Q1 24 being ahead. Digital performance impressive & studios business firing on all cylinders with more to come. Share price reaction disappointing: reflects imo (1) headline profit fall which was already well flagged and (2) Simon Pitts leaving but it’s a long handover ( I wonder where he’s going …..hmmm) and the business he leaves behind has all the building blocks in place and we’ll set for sustained growth…Analysts presentation at 12 noon may spark some interest. Remains very vulnerable to a bid as market has stubbornly refused to give Pitts any credit for the overhaul he has wrought and small cap so out of fashion

...partly explains why sp in doldrums: constant drip, drip of sales as Ameriprise Financial, Inc. reduced their stake from just under 10% to s/holding on Fri of 4.3%.....lets hope that the results tomorrow give some cause for optimism, and that with teh overhang behind us the share price will start to finally get going

Redbird IMI has just bought it for £1,15bn! Suspect analysts will be revisiting their valuation on STV ....and about time too