The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Apple gets mentioned here often. Please people do a 5 seconds search
https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Apple
Apple have no real form for buying big free to air broadcasters or studios. In addition there are very few suitors out there for ITV that would pass all government requirements for running the most viewed media outlet in the UK.
Keep dreaming whilst the share price falls.
Nige it is wonderful to see you back. We can expect more spot on predictions such as ITV to rise to 170 by summer 2021 and oh that Covid was over in winter 2020........ How about Leeds to win the Premiership? You are consistent at least in being always wrong about everything.
I am taking it easy this week. Was in Clapham with one of my daughters today getting her to choose a kitten. Dublin last week was draining. Full on drinking and then long hours at work.
As for Ukraine I was spot on. I like most security analysts predicted that Russia could not hold the country. They needed to go for quick wins. Kiev looked an easy win as in only 100 miles and short supply lines. I underestimated the level of technology at the hands of the Ukrainians. As a child I was always led to believe that Soviet tank columns could over run western Europe in two weeks.
As ever I was right. Long term I can identify events that will happen and their outcomes.
Realistically we are going into a recession. Add to that supply chain chaos with Taiwan at a minimum blockaded and you have a real slow down in the global economy. Worst in living memory.
Chinese housing bubble and banking crisis and only possible way Chinese Communist Party can survive is with a war.
ITV share price will fall well below 70p by October. Maybe below 60p. That is my opinion and I am in no way endorsed by any financial body. The haters will all continue to rubbish and mock me
12th November 2021. The Boards Greatest poster over on the then RDSB board wrote:
"Russia could not annex Ukraine. They can maybe only seize some border areas where they can assert authority. To try to occupy a Ukraine with a self strong identity and 30 years free of Soviet/Russian control would be a bigger mistake than the Soviet occupation of Afghanistan. Stalin had Soviet forces quelling armed Ukrainian nationalists from 1945 to 1948. It took the Holodomor (forced starvation) in the 30s and massive military presence in the 40s to break Ukraine"
70.50 bought. Sold at 73.40. Yes very disappointing but thankfully it meant I had the money out of Shell and BP for a good few months
The miracle of Kiev. First time Russian armoured columns have been beaten in open battle in 70 years? Nobody could have known that Turkish drones had changed the face of modern war so much that Tanks are now sitting ducks. The Russians made it to Kiev. They came very close to occupying it.
On the Shell board I had said that Russia would never succeed in occupying Ukraine. They could only hope for a quick elimination of current ruling class and then a pro Russia imposed dictatorship putting down the anti Russian factions.
You Anger, like Nige predicted the SP would rise when it was at £1.23. You were giving buy signals and openly mocking people who were saying it had a long way to fall. You were so convinced back in March that this would be at pre covid levels of £1.50 now. You got it so badly wrong and yet you come here still openly mocking the person who was right.
Still making excuses and unable to accept that you are no match for my intellect
The usual milquetoast commentators will always try and knock me. Too scared to make predictions of their own or anything that goes against the herd consensus. It takes balls to make bold predictions.
13th of February this year I was right on Russia invading. Right on the share price collapsing. Rishi, well that was wishful thinking. Not even I could predict the lunatic Tory faithful opting for the least suitable candidate ever to be a PM. China well all will be revealed in the next week.
[BTom the greatest poster on the board wrote 13 Feb 2022, ITV SP stood at 123] "The UK banks now are at least in a better position. Consumer spending and household debt has rocketed since 2008. George Osbourne created a false recovery by allowing property prices to soar. I am hoping we get Rishi Sunak as PM sooner rather than later and he encourages the Indian and Hong Kong billionaires and young elites to move to London and fuel real growth.
A larger war outside of the Russian conflict is looking possible. Chinese moves on Taiwan and border incursions into neighbours territories.
Really cannot see how ITV will go higher than this in the next year. I am sitting out with accumulated dividends and earnings from last 12 months looking at a 90p buy in.
The next few weeks will be bumpy and not sure Biden is the man to lead the way out of this."
Lets debunk the garbage below. Last week on results day, after release the SP hit 74p. So this is clearly going down.
The whispers I am hearing from colleagues and friends in the security community is that the Chinese exercises 12 miles off the coast of Taiwan are in fact the gathering of an invasion fleet . Air transports are spotted on runways on the mainland. Stores and supplies are being moved. August 7th is last day of exercise but anytime in the next week the Chinese could move. They need to secure a port and airstrip on the island and then they are largely unstoppable.
Taiwanese high command have moved to mountain complexes. 70 years they have been preparing for this strike. They know they cannot hold the coast but have airstrips dug into the side of mountains and huge underground towns.
60p next week. Shorters will all be living it up in Nice for years on the proceeds generated in next few weeks.
Just about every Rylidan post on ITV mentions shorters.....He/she makes the same mistake as too many of the holders here. They can only see an upside. Anything that causes the SP to go down is nefarious activity by the elites!!!!
The results last week were good but nothing we did not already know. The SP rose before the results in the hope that something might change. We got nothing new. As a result the rise I was hoping for failed to lift the price above 75p. We can now expect the SP to deflate to 65-70.
If Taipei sees the Peoples Liberation Army swoop in overnight then this is going back to the 50s.
This is not shorting. It is a harsh reality check for some of the dreamers here.
The Taiwan escalation will really impact on global markets. I am guessing an invasion was coming and Pelosi has gone there as a last minute attempt to stall the invasion. It all may be too little too late. Chinese communist party are committed to taking Taiwan whatever the cost.
US and China in direct conflict or sanctions and trade blockades are very real now. This will be the biggest shock ever to the global monetary system. Russia Ukraine was just the warm up act. Main event in Cold. War II is now China and its expansion. Vietnam, Philippines, India, Japan and Australia are all poised to get involved.
I am out of everything now. All oil shares sold. Just small holding in ITV.
Bad news from the government? Solley look wider. US federal bank is raising interest rates. China the biggest property firms worth trillions are being bailed out by the Communist Party. The global bubble bursts in the next few weeks. UK will be hit and we barely have a credible government. Liz Truss is promising to borrow more and print more money and further fuel inflation and interest rate rises.
The risk is very clear and now after the results ITV is no longer showing any real upside.
Sell and go away until October is what I am doing. Left with just my historical average holdings here now.
The upward momentum looks to have been lost over the weekend. I was hoping it would go above 75p this morning. Results have only added a few percent.
Sadly I think this is where the shorts open up again and people start cashing in on the last 2 weeks profit.
I have sold majority of shares at 73.40 this morning. Hoping to buy back below 70
Once this settles down I think it will bounce around 80p to 90p for a while. Global economic downturn is going to keep this below £1 for a good year or more. Hopefully this does not return to the 60s anytime soon.
The panto Dame is slowly being shuffled off the stage. Newer and brighter talent coming through. How did the new guy Gidon Katz come across in the presentation?
Yes pats on the backs all round!!!!! There is still a market crash happening in the next few weeks but for now enjoy . ITV will hopefully ride out the worst of the Tsunami that hits.
Oh dear so I guess that means you missed out on buying back here at discount prices? Still a chance for you at 74p. Money to be made here in the next week or so
Averaging 70.5p here now Anger. How do you see this going for me Anger?
You sold out at 90+p hoping to buy back in at the bottom. Did you buy back yet?
My best guess is this will finish above 75p today. Then gradual increases up to 80p over next week.
No shorters here. Just genuine investors who are not guided by emotions and are therefore not limited to a tunnel vision of ITV and its future. There are significant downsides and risks associated with this share. Now in the 60s and 70s it is a good investment. At the previous results at £1.20 SP we were right to warn that there was a large downside.
Lets focus on the positives. ITV looks hopefully to be set for a good few weeks now of recovery and climbing share price. Any large institutions shorting this are hopefully closing those positions today.
KelhamKing I just had a quick read of your posts. Your post below mine is just lazy. Five words. Lame personal attack? I expect that from the usual herd mentality detractors who are only fit for slinging excrement about but you Sir are capable of much much better.
Rather than just being a reader of everyone else's analysis here could you put up your own thoughts on how tomorrow will go for ITV.
I value your judgement.
Please everyone keep to just one post today where you post your judegment on how tomorrow will go. Good to get a consensus for once.