RE: Great Opportunity to buy!! OVERSOLD25 Mar 2022 21:18
Nige again I am sorry but you make me laugh.
For years now you are saying ITV's fair value is @160p yet we haven't seen that reflected in the share price.
It does not matter what you think and clearly all these years you have been on about fair value at 160 you have been wrong by miles.
The market prices companies based on expectations and not fair value.
This is what I find odd. You have conjured up this fair value at 160p for years now, surely it cannot be static all these years. Asset acquisitions or disposals or debt reductions/increases would have changed that. The price of stuff has moved on.
All this 160p is I suspect strongly, is the average that you have bought the shares and like someone in denial are refusing to let them go until you are breakeven.
You also keep on quoting Mickey Mouse estimates from Simplywall street a Mickey Mouse automated site that uses rudimentary techniques (automated) to come up with mostly silly estimates that retail mugs follow. I mean it lists as ITV's competitors Apple Netflix and Walt Disney. Please spare us from the nonsense!