Member Info for BigEgo

Short’s desperately looking for any reason to bash ITV…

Don’t forget you have to pay longs 3.3p on 10th April when the ex dividend adjustment is applied to your accounts - cheers guys!

123 - don’t single out ITV.

If you happen to have an iPhone in your pocket, use any Microsoft products, own an HP printer or even get your fuel from Esso occasionally - then the prices you are paying are in some way benefitted by offshore accounting!

The latest Companies House “Full accounts” report for ITV Holdings (Cayman) states:

“The principal activity of … is investment in SDN Limited.”

So it’s an investment vehicle to mange this asset, setup in a tax-beneficial domicile, which whilst appearing unconventional, is a common practice by global companies.

https://sdn.co.uk/

It’s so un-suspicious it’s declared on page 217 of the 2024 Accounts as a subsidiary / investment.

Yawn.

https://www.itvplc.com/~/media/Files/I/ITV-PLC-V2/FY%202024%20Results/2024%20Annual%20report%20and%20Accounts.pdf

As so many on here like to bash McCall it’s an evil pleasure to share this news!

Https://uk.finance.yahoo.com/news/itv-pays-ceo-most-decade-135711114.html

So who got tricked into selling with today’s tree shake to 78.5p?

Nice round trip back to 80p!

Markets eh? lol.

Strike - “Wasted all of that buyback money?”

Well no frankly.

The last buyback RNS on 6th March shows the average price of all shares bought back was 72.83p

And there’s about £2m cash left so broadly it’s complete.

Price today is 82p as I wrote this therefore the success of the buyback can be simply expressed as:

82 / 72.83 = 12.5% value added to the Brit box sale funds used to fund buyback.

ITV earned shareholders this return by opting for a buyback. I’m happy with that.

Ever since I barred Pogostick, all I've been seeng is a barage of "This message has been filtered" :-)

Same. I’d prefer the site to just not show anything. All the breaks in chat is annoying.

Mate if you’re reading this - you need to take a deep breath. Less is more. Seriously.

Thanks for making me laugh with those names!

Feels like ITV has turned a corner.

Why do you assume it is not reflected?

Today it is 79p and perhaps without the rumours it would only be 72p for example?

“The Efficient Market Hypothesis (EMH) asserts that, at all times, the price of a security reflects all available information about its fundamental value. The implication of the EMH for investors is that, to the extent that speculative trading is costly, speculation must be a loser’s game. Hence, under the EMH, a passive strategy is bound even- tually to beat a strategy that uses active management, where active management is characterized as trading that seeks to exploit mis- priced assets relative to a risk-adjusted benchmark.”

Https://www.betaville.co.uk/news/10fynzs7mtl5px2mqv37hm0fda1gdxm1j8vt

Aves in ordine sedent. est tempus gir finner?

This message has been filtered, please adjust your filters to view

This message has been filtered, please adjust your filters to view

This message has been filtered, please adjust your filters to view

This message has been filtered, please adjust your filters to view

This is all I see these days on this chat room.

I have no idea who it is and I don’t care.

But do they realise everyone is filtering them and they’re talking to themselves?

Might abandon LSE soon - nothing useful here anymore.

Quite possibly soon. Some of the owners/shareholders/C suite directors of the various companies that keep getting linked to ITV by the press must be getting a bit fed up with it by now I'd think.

Slownsteady - i know what you mean - however I think some people are considering the possibility the Redbird story has been placed to scare / flush out a bidder for the whole ITV Group.

Certainly if a party has been making plans since around the prior November story breaking - they won't want to see ITVs jewel in the crown be split off and merged elsewhere - if that's what they want to own.

It's a bit like the old car salesman's favorite trick: "I do have someone else interested who's coming to see it tomorrow!!!"

Https://www.reuters.com/markets/deals/itv-redbird-imi-hold-early-stage-talks-merge-production-businesses-sources-say-2025-01-30/

Perhaps they KNOW how to hedge their long positions ;)

None of the CVC rumours have said a deal was imminent. All of the rumours have said early discussions were taking place.

Therefore ‘dead’ seems a bit too soon - unless you have info that CVC have walked away. If not then we all need to be patient.

Tiny websites like this have zero influence whatever company or rumour is being discussed.

And anyone wondering why ITV isn’t up this morning just needs to learn about volume.

Here’s a clue. Compare today to Friday!

https://uk.finance.yahoo.com/quote/ITV.L/history/

Betaville has picked it up.

https://www.betaville.co.uk/news/whnjz7c3p38zpto1lp2igmd3knnepwywj246