Member Info for bald_eagle

Higher interest rates are good for banks & other financial stocks....presumably LGeN included.

The Tory governments - regardless of the leader - seem very protective of energy companies.....even when the oil companies say they have too much money & don't need protection from increased taxes. I can only assume that Truss wants to job there when she leaves office....next week!!
There is also a conspiracy with renewable energy....solar & wind are raking in bucket loads of cash because electricity prices are historically high. Hopefully they are at least investing in new projects.
Water companies & oilers are just paying dividends and making token gestures at investing in infrastructure.
I suspect it is all a form of trickle down economics.

Shouldn't it be upside potential....or have we all become 'shorters'!!
Has anyone done analysis on Brokers share price 'Targets'.....how accurate are they, have they ever been realised, are they just made up?

The 'problem' with expecting a 'world cup bounce' is that it is a relatively short term event and the markets are forward looking and may have incorporated the 'bounce' into the SP. The markets are probably looking into 2023 and working out the impact of possible recession on companies. But ITV has the PE interest in the studios now....so SP will 'probably' hinge on news on what they plan to do with the STudio business and for the longer term how ITVX gets on.....of course WHEN England mens football inevitably win the soccer world cup in Qatar as we are destined to do UK PLC stocks will defintely get an uplift!!

Currently down about 1p (if you include the divi). So it appears 'stop losses' weren't triggered. So everybody happy!!
Back to plain boring market sentiment to drive the SP. Oil up, everything else down.

Hard to see this going any lower. Is it my imagination but didn't they pay +£20m for the rights to Teren-Sai over 10 years ago?
The management have done some good things. But increasing the value of the company isn't one of them.

".... this share will not see the lower 60s again."
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This is great....especially when >64p is predicted elsewhere in the post.
This is going to be really exciting tomorrow. I may even buy some popcorn.
I have no axe to grind either way. The SP ends where it ends. But I have seen SP's for some shares drop more than the dividend amount on XD day. So 'Low 60's' is feasible IMO.
But the recent news about interest in the Studio business may provide support.
General market conditions have to be taken into account. Worries about government leadership - or lack of it - could even be a factor....anything goes at the moment.
I may even treat myself to a cola.

Is it the Tory government delivering on their Brexit bonus promise?....to Crispin Odey.

"Odey, who was a leading backer of Brexit.....His flagship fund experienced its worst-ever losses of almost 50 percent in 2016, a year that Odey has since described as awful." [BBC]

Did they say that the divi going forward might be impacted by the ITVX investment?

I expect the shorters are bailing because it isn't worth the risk....an offer or even news of serious interest could cost them a pretty penny.

According to the BBC: "Hits such as Stranger Things and Monster: The Jeffrey Dahmer Story helped draw viewers back to the site."

One must admit that the royal family have become a bit of a soap opera....the 'problem' is that reality is more dramatic than anything the scriptwriters can dream up.

"For me ITVX is a master stroke....."
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Carrington, from the limited amount of research I have done I haven't seen many people describe it as a master stroke....I suspect you are the first. You may be right....I hope so.
Not sure Netflix can be written off quite yet. Aren't they introducing new fee structures?.....cheaper tarif with advertising.

I presume that the news of interest in parts of ITV will have the shorters (if there actually are any) slightly worried. I expect they will be trying to derisk. The SP has 'probably' reached close to bottom , so the risks must be outwieghing any potential reward.
It was interesting to see some people here yesterday talking about selling.....just when things are getting interesting....I suppose 'one in the can is worth two in the pre-production'!!

"Now let's see it breach £3, a more reasonable value for this share at the moment."
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Mr optimistic

Personally, based on all the evidence and using my vast experience I believe that ITV is worth at least 55p per share....I might revise this if the SP falls below this value.
Basically ITV is worth whatever someone is willing to pay. At the moment only a sub-division of the company is being discussed. It does show that 'people' are interested in ITV and/or parts of the company.....which is good news IMO.

"Once I saw around 55p as bottom, I bought in. "
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Kums, what told you that 55p was the bottom?

As someone said, the studio business is the family silver. But probably the only thing the hedge funds (PE) want. Selling the studios separately may also be a sneaky way to avoid government putting a block on the deal. ITV as a brand would still remain British - so keep flag wavers happy - but the meat of the business would in effect be in foreign hands. Very clever.
Potentially a good day for shareholders because at the very least it highlights the value of the studio business and it shows that foreign investors are interested. I suspect if there isn't a sensible offer (one too large to ignore) then the studio business will be split.
But that's probably me just talking b0ll0cks like Rees-Mogg!!

"....that is criminally negligent. A few people like Next's CEO and the University heads warned about the LDI's, etc... Individuals need to be called to account and put in jail."
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Did they break any laws?
The whole point of deregulation is the drive for growth. More business, more bonuses, more tax revenue.....with a tiny bit more risk!!!!
And no laws were broken....and the little people pick up the bill - through reduced pensions in this case - when the house of cards eventually collapses. Makes perfect business sense to me....that B-thingy explained in a nutshell. Trickle down economics on steroids!!

ITV is showing every match live...that's great. Advertising revenue will be strong.