Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There was some article about the new CEO being expected to find a 'new' area for growth at LGEN. Almost like the previous guy had run out of steam and the business needed some new ideas. But that doesn't always work. Sometimes a 'steady as you go' approach works better for some businesses....'burning platforms' sound good but might not work for LGEN.
I'm sure there would be huge interest in the Studio business (at the right price). But would it be wise to sell the family silver, leaving us with the unwanted bits?
I will take it seriously when there is an offer on the table, until then it is pure speculation imo.
Even the article didn't mention ITV or any other business for that matter....
I half listened to the podcast and wasn't overly impressed, at times she seemed to be waffling. I guess the success of her tenure at ITV is linked to matters outside of her control. She has built the platform and now needs to make it highly profitable....'build it, they will come'......or she will be gone.
"Sellers are't stupid just because you disagree with them."
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I suppose it depends by what you mean by 'stupid' and 'clever'. I expect quite smart people can be incredibly stupid at times. And 'stupid' behaviour' can appear 'clever' in hindsight or when the full facts are known.
Trying to double guess why a person or organisation is doing something that outwardly appears 'stupid' is probably a waste of time and may be what they 'cleverly' intend or they may be just too 'clever' for their own good and think they are too 'clever' to be fallible.
"Fortunately, I pulled it out before the stock in question tanked! (TRMR)."
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Winstanley, sometimes I think you will agree that it's more luck than judgemnent.
TRMR for example was a basket case for many, many, many years. Then the stars aligned and what they did became all the rage. But since then reality has struck. I wouldn't want to go through the experience I had with TRMR again. I think I was lucky with TRMR like you. But one cannot be lucky all the time.
I suppose ITV & TRMR share some similarities in that they are heavily dependent on advertising for profitability.
Positive talk is good. Unless it is simply bravado. Needs to be backed up with something solid. Boosterism is for the birds.
Hopefully give the London market a pre-Christmas lift.
Some UK companies are talking about having US style remuneration packages for the top management....presumably to incentivise them even more. The age old mantra. 'if you want the best you have to pay the best'.
It should be pay linked to performance....and the performance targets should be tough and benefit shareholders (but presumably set by the BOD who also benefit when the targets are 'easily' reached). It can be a gravy train.
OMG. The 'then-bagger' comments have started, after a bit of a recovery. We can do better than that!....how about a 'tenty-bagger'?!
I wish all 'real' investors all the best. Hopefully Ofer can make everyone rich....including himself of course.
" ...I don't care who gets in power as long as they give all OAP's a 20% rise in their pensions, ....Cons deserve to lose for stabbing Boris in the back "
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It's hard to know what to say.
Stupid amount of money tp pay Forage. There should be questions asked about that. It will only lead to hyper inflation of fees for 'real' celebrities.
Even 'Dick & Dom' said "No more politicians, get us out of here!!"
VOD is an odd company. I don't know if anybody really understands it....years ago they seemed to be losing money to me & people on forums told me to forget about profit & loss and concentrate on free cash flow. Thankfully I bailed without too much of a haircut.
I wonder where the company would be if there was somebody in charge who really knew how to get things done. Perhaps in exactly the same situation....perhaps there are inherent issues with Altyn that make everything a struggle. The propensity to over promise & under deliver is a problem....probably not unique to ALtyn in mining industry.
Fingers crossed that things finally happen for ALtyn next year....ground hog day for me!
1. I've not heard of many companies putting themselves up for sale unless the management have given up....which hopefully isn't the case.
2. There were some 'rumours' about the potential sale of the Studio business a short while back. I reckon it was a ploy by the Dame to alert the market to the 'hidden' value within ITV, it worked for a while. But personally I think that would be like selling the family silver. Once the Studio's are sold the remaining ITV would be a shell. Hedge funds would love to have the Studio's....they might even make a very tempting offer but IMO it could be a huge mistake.
3. Cutting pay would be an 'obvious' simple way to cut costs. But in reality I expect it would be difficult and have ramifications. Just like bankers pay, they will argue if you want the best you have to pay the best. Personally I don't necessarily believe it.
What has the Dame done that is so very wrong?...apart from getting rid of Piers Morgan (good riddance I say), although I seem to remember that he walked out on the show & quit.
Lots of criticism of the Dame but not much suggestion on what she should be doing differently. Hopefully the poor SP performance will improve once advertising revenues improve. Perhaps we could get Elon Musk to take over....he knows how to woo the advertisors and more importantly (for some) he has b4lls!
".... and then start paying dividends."
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I wouldn't hold your breath. There are always lots of things to spend any extra cash on, and because of that there is never any extra cash.
I think with Altyn it is best to expect the unexpected. It could be good 'unexpected' but usually it isn't. Hopefully they on the edge of greatness.
Have to agree that the management are clowns. But they also own 70% of the company.
Was reading yesterday that one of the Christmas episodes of University challenge has been binned because of a 'disability row'. Apparently their were two contestants who needed accomodations for their disabilities but none was given (even though in one case it was promised).
What I didn't know was that the show's production company Lifted Entertainment is part of ITV Studios.
"....Nigel's popularity continues to soar,"
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Well, that should be good for view for viewing figures. Which is at least part of the reason he is on the show. I'm not sure he is worth the reported £1.5m though. The danger is that real celebrities - or people I would be interested seeing in the jungle - will look at that figure in future years and use it as a base for their appearance fee. "I've got to be worth at least 3 or 4 Nigels, ducky"
"ITV's back catalogue is a very valuable commodity"
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How much money is it actually generating?
I know music rights suggenly got a lot more valuable after hedge funds crunched the numbers and spotted an opportunity to make a buck. But music may be slightly different in revenue generating capbility versus TV content....and therefore less valuable.
But equally content is king. If a company has a decent back catalogue then their streamin platform becomes more attractive to viewers. It is also presumably easier to do deals - on better terms - with the likes of Disney to share some content.
There is also the chance of resurrecting an old show, with new ideas & producers. But quite an expensive option I imagine.
Taverham, I agree with you. Why have regulations that are never enforced. The regulators in UK seem to have a reputation for incompetence & being toothless.....and UK government wants further de-regulation (dare I say 'light touch regulation'). I'm sure everything will be fine!