The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"Does the trading update give ex divi and payment dates?"
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Yes, the half-year report does contain those dates. I think they are roughly the same as last year....ex-div is a day earlier I think.
"I’m confused. Headlines say 52% drop in earnings."
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I presume it is a question of 'earnings' versus 'revenue'. The management are highlighting that revanue "....with total revenue declining just 1% in H1, even in a very tough advertising market."
I presume the drop in revenue is due to the investment in ITVX (& presumably 'other' things), ".....reflects the challenging advertising market and the planned investment in ITVX".
Investment in ITVX is a good thing and it seems to be working (so far). Much better to be investing in a growing part of the business that will growth driver for the whole business into the future than sitting on their cash as advertising drops away.
As someone pointed out advertising will pick up as the economy does, and ITV will be well placed to capitalise IMO.
Bet Tom is sobbing into his bowl of gruel this morning. Thankfully I don't have to read his drivel, but he does clutter up my message board with lots of 'This message has been filtered, please adjust your filters to view' messages....just not today, funny that!
Solley, you can always filter them. But I agree that sometimes it is better to walk away, some people just aint worth the effort. There are a lot of 'strange' people on these forums....some very good people too....but also some very odd bods.
Good luck.
"It realy is up to the Company just how far they go, just having a european focus (which we do not have ) is simply daft for our size and wealth the Indo Pacific rim area is now open to us thanks to brexit so this could be a really excellant share if you are a long term holder"
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That's an amazing hodge podge of ideas to justify Brexit....but I will put that down as a Brexit win, because I'm feeling generous and we are looking a bit thin on the ground for 'other' positives.
I'm not sure if the above was specifically relevant to LGEN or the UK in general....but LGEN could have done business in the Asian Pacific region whilst in the EU. Also expanding into a region where you don't have local knowledge can lead to mistakes,costly mistakes (I am talking specifically about LGEN). You can end up investing in a pig in a poke (I'm sure there is an equivalant Asian phrase!).
I've been waiting for England to win the men's football world cup. They did it once, so they must do it again!
"...woke brigade"
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Here we go again, more of the culture wars. I wonder if the term could be replaced with "people I disagree with"?! It is rather sad pathetic terminology aimed at a certain mindset.
Just reading that Spain could be heading to a far-right government....more bull fighting I expect. Perhaps that's what we need here, gladiators in a colosseum fighting it out keep the masses entertained...oh, I forgot, we have football & cricket!
".....stop the war."
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Katenip, do you think if we both asked really nicely Mr Putin would end the war?...just for you & me!
I'm not sure if you're being serious...I hope not. If you really think that ending the war in Ukraine will somehow mean we don't have to decarbonise then frankly I'm flabbergasted.....or is this another portmanteau (large leather suitcase!)
"burnt out EV batteries to clean up"
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Hopefully there is a way to recycle the elements in the batteries. What I would expect is that the technology improves, new chemistry in the batteries will extend storage capacity and more sustainable compounds will be found.....or we could do nothing and hope that the climate scientists have been playing a nasty version of 'April's Fool'!
So if LGEN wants to get involved in net zero in a small way then it doesn't worry me as a shareholder.
Katenip, I think you may be a little confused about what 'green' might mean. It isn't necessarily cheaper to run than fossil fuels....but hopefully in the future it will be. It is about reducing the amount of carbon entering the atmosphere that 'apparently' causes a green house effect on the Earth's climate.
So nuclear energy certainly isn't clean but it could be classed as green (in the long term).
EV battery range is increasing...a 200 mile journey (one way) should be within the 'range anxiety' limit of current technology. Indeed in some Asian countries they have roadside centres that can automatically change the entire set of batteries in an EV in a few minutes....it isn't always about the limitations of the technology but to find new ways to overcome them.
EV technology combined with new innovations - such as AI - will allows us to run our societies differently. In 50 years I'm sure people will look back and wonder why people were so attached to their dirty smelly ICE cars.
I doubt EV's are a fad. However things like nuclear fusion could take many years to develop and may not be practical on a large scale. Flatpack housing - presumably modular houses built in a factory - are a great idea....built to high standards in a controlled environment.
PS I was watching a youtube video of an owner taking down a plasterboard panel in his bathroom to find a bottle of urine the builder had left him. Taking the proverbial!
Isn't there a 'plan' by UK government to boost investment in infrastructure & green industries by allowing financial firms & pension funds to use a greater % of their assets for 'madcap' ideas?!
Usually comes back to bite them in the behind when eventually the 'madcap' idea turns out to be a 'bad' idea and has lost a lot of money. But we are desperate for growtn and also need someone to fund the net zero committments that have been promised.
"Timing is everything in life, I certainly wouldn’t be selling now...."
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It certainly seems like a brave call to sell 'everything'......although I suppose it depends on the amount. I can understand if there is another investment that one finds more attractive but not to 'hope' that it falls. OK if one is only talking £500 but perhaps not at >£10K.
I think I would classify that as b4lls of steel....although this small market rally could fizzle out into nothing.
Oxter: The armpit. From the Old English oxta or ohsta. The word oxter is used in certain areas of the world (Scotland, Ireland, Northern England), reminding us that there are many local and colloquial names for parts of the human anatomy.
What?!
"....losing their very best President"
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Trump?!
Not happening....probably because the asking price is too high
"....can we now forget it and concentrate on Itv ."
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When is ITV's internal barrister review into the handling of the Philip Schofield 'affair' due to report?
"ITV is worth what £1.20-£1.60 at least and maybe when we get the results in a few weeks things will change.
Always look on the bright side of life. !!!!!!!!"
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Would be nice to see £1.20 per share. Hopefully the news from ITVX will be a driver to £1....and beyond!
Is that a case of Indian whispers?!
rob, people are entitled to a personal life. being ****sexual is not a crime i this country....yet....ahhhh, halcyon days!
i think you are confusing mr schofields sexuality with his relationship with a junior member of staff....which in certain circumstances could seen as coercive and an abuse of power. it might not even be illegal but it would probably have breached the itv code of conduct....assuming senior management knew about the clandestine relationship which they say they did not.
if dame mccall knew or suspected philip was *** back in 2021 then that is irrelevant, people are entitled to a private life.
"I agree with you that Schofield should have been fired as soon as McCall knew 2 years ago he was in a relationship with a lad."
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I thought Carolyn McCall did NOT know there was a relationship 2 years ago. There was an investigation at the time into allegations but both Schofield and the other person denied they were having a relationship....so the Dame would NOT have known. An unproven allegation cannot be acted upon.....because ITV could be sued for millions.