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All the nonsense about Brexit and its subsequent effect on ITV and its advertising revenues, we now have this.

You couldn't make it up:-

https://www.bloomberg.com/news/articles/2019-09-02/brexit-ad-campaign-seen-providing-a-boost-for-itv-and-jcdecaux

What's the point. Should be RIP !

Yes, its true and it was well documented during the results last month, but rather than read the whole article (its probably another version of the one which you read) here is the last and most interesting paragraph of the statement:-

"All that adds up to an increased focus on international content, even for US users. That’s why subscribers in America are starting to see shows from Denmark or Spain promoted on their front page. People will start to see more Japanese anime and Indian originals, too. The investment Netflix puts into each country will be more difficult to assuage as everything gets looped together. But Netflix is reportedly spending more than $15 billion this year on content alone. The company wants to fight to keep your attention; it’s just clear from their earnings that fight is getting tougher than ever ".

$15bn !!!!!

I'll take that for ITV, thank you and goodnight !

The ETO bid has certainly livened up the sector. I posted a £/$ chart on there a few days back and suggested that the dollar may have peaked at $1.20 and here we are at approx. $1.22 and this may just be the catalyst.

If Trump wants to continue this trade war with the Chinese, then watch the dollar plummet as the Chinese will start to dump US treasuries (they've are the biggest buyers in the world) and then see what will happen as many UK companies will soon be bid for as US Blue chip companies will also want to start to get rid of their bucks as well.

Interesting times ahead that's for sure.

https://www.sharesmagazine.co.uk/shares/share/ITV

Ok, there's probably little chance but this week will sure bring some more fun and games to the table !

...news articles you'll find over the weekend. Nothing new here to be honest but at least now ITV has come off the 'cold' list of stocks and is now on the 'ones to watch' list !!

https://www.standard.co.uk/business/market-report-itv-leads-the-risers-as-chatter-over-us-predators-gets-louder-a4220151.html

Could be a very interesting afternoon.

Anyone ?

No?

Didn't think so.

Explains why ITV was strong today on very small 'reported' volume !

Yep, most interesting day tomorrow ahead of the long bank holiday weekend.

Just out in the US:-

https://www.businesswire.com/news/home/20190822005678/en/Hasbro-Acquire-Entertainment-Adding-Brands-Expanding-Storytelling

...from last weeks lows and as I mentioned a few weeks back, the stock is trading within this tolerance band courtesy of ballsachs !

Now the question is, does it trade down another 10% from here again or are we going to see a new trading range ?

...then surely Apple shares will tank after this ??

https://www.cnet.com/news/apple-tv-plus-streaming-service-everything-to-know-price-release-date-reese-witherspoon-aniston/

But I think we all know it won't happen !

Its in the daily mail, so must be true:-

https://www.dailymail.co.uk/news/article-7370641/Put-kettle-ads-telly.html

Will be showing La liga this season, Athletic Bilbao V Barcelona tonight. Whilst I won't be paying a great deal of attention to the football, I will be looking at the adverts to see which major brands have signed up.

In the interim statement it was mentioned that ad revenue will show an increase in the second half of the year so I am expecting a few blue chip companies to be advertising their wares.

....before this becomes an AIM stock.

And we all know what happens to stocks when they get listed over there !!

This may shake up the sector a bit this morning ;-

https://www.bbc.co.uk/news/business-49336553

Oh, and here's the latest one to date :-

https://uk.reuters.com/article/uk-goldman-sachs-regulator-fine/goldman-sachs-fined-34-million-pounds-by-uk-watchdog-for-reporting-failures-idUKKCN1R9151?feedType=RSS&feedName=fundsNews

Interesting story re Burford, but we all know that the regulators whilst promising the world (to act as though it has the private investors best interests at heart) deliver time and time again absolutely sweet FA !!

The market is a wealth extraction model and don't let anyone tell you any different .

As Suchmyballsachs are up before the courts for yet another multi-million dollar charge for fleecing their own clients, I thought I would do some research into some of their previous fines for their well tuned practices in dodgy dealing, price manipulation, front running, insider trading...…..etc. etc. etc.

This is a snippet of what I found, there are countless others as there were streams of pages on Google:-

2014
$1m - rigged protected quotations in NMS stocks
$67m - cheated investors in the LBO boom before the financial crisis
$1m - Trade reporting 'errors'
$51m - Fined by EU anti-trust regulators for running a cartel

2013
$794m - Mortgage applications fraud
$330m - Further fine for mortgage application fraud
$330m - To settle a federal probe into allegations of improper home repos

2012
$1m - Unfairly claiming re-imbursement fees in bond offerings
$1.5m - Failing to supervise traders causing a $118m loss to the company
$7m - Settlement of claim of front running own client orders
$12m - Political campaign fraud
$590m - Failure to disclose the banks exposure to the toxic mortgage market
$26m - Failing to conduct proper due diligence in a toxic mortgage product offer

And there were many more previous to these, the mind boggles !!

I'm sure they will get a nice fee from Liberty for their 'market expertise' in managing the takeover of ITV.

Lets hope that a white knight appears on the scene and throws a large spanner in the works !!

So yet another defining chapter in the banks crooked history, they'll need to offload some ITV shares to pay for their legal bills !!!

https://www.businessinsider.com/1mdb-timeline-the-goldman-sachs-backed-malaysian-wealth-fund-2018-12?r=US&IR=T

If there is anything moving the price, believe me we will be the last ones to know. Its always worth a look at the delayed trades after hours, these are more revealing than anything else.