Member Info for dallo

Like Netflix Shareholders ,
Kape shareholders will now be on subscriber watch from now in with the projected 2 million users following the PIA acquisition.
How many subscribers can be added over time either through organic growth or furthet acquisitions ( or both) will determine whether Kape becomes a mega stock.

I am in Florida for Thanksgiving but watching the posts and share price.
Never doubted the true value of ITV and I feel this mini rally has legs with plenty more upside
I am holding for a much higher share price on a very substantial investment.
Best to all the faithful who held on during the crazy drop to 104p

Finally
ITV Studios has sold War of the Worlds to over 80 countries and Variety has described the the series as potentially one of the biggest worldwide TV blockbusters of the year.
Another possible jewel in the ever expanding content library of ITV Studios which adds to the valuation which I put at over £5/6 billion for ITV Studios alone.
Add the value of the broadcasting business, SDN,
Online/Hub, Britbox, UK and Ireland cinema advertising etc etc and you can see that ITV is in a very good position imho

I forgot to mention Bodyguard as another BBC blockbuster made by ITV Studios which by the way another series is on the way as is Line of Duty.

I am a celeb...., and War of the Worlds starting this weekend to add more cheer .
War of the Worlds on BBC but like many of Beeb's blockbusters is made by ITV Studios...Poldark, Line of Duty, World on Fire to name but a few to garner audiences in excess of 6 million per episode in recent times.

Britbox has 650,000 subscribers in US per latest figures
ITV hope to drive these numbers to 2m once content is enhanced next year per my sources
dyor

Solley
No figures available as yet.
I suspect ITV will start publishing subscriber numbers on a quarterly basis starting next year when Britbox starts to roll out in earnest.
Moodys state that Netflix will be cash positive in 5 years time.
Something to look forward to.

Flights of fantasy Part 2
Given that Britbox has been written off by almost all of the investment community even before it is even launched properly any positive news on subscriber numbers could jolt the share price forward.
As investors we better get used to the subscriber numbers updates over the next year or so as with Netflix investors.
Given the vast content libraries of BBC, ITV , C4 and many others yet to sign up , a large % of total revenues will go to the bottom line not withstanding the cost of new content.
All of Netflix revenues are absorbed by content costs and debt repayments and it has still to make a profit and likely never will.
We are on now on subscriber numbers watch like
Netflix but without the market pressure given the almost zero expectations on Britbox.

Flights of fantasy Part 1
What if Britbox is a huge success and has 20 m subscribers in the 2/3 years.
That would mean £1.2 billion in annual revenues
for ITV and a potential market cap of £20 billion
for ITV based on conservative P/E ratios.
Nurse he is out of his bed again......call Matron.
You never know

To re-enforce my point about 2/3 companies eventually dominating the content business Disney + signed up 10 million subscribers in the first day of launch yesterday.
Staggering!

Britbox has over 500,000 subscribers in the US and is growing.
Britbox has done deals with BT, Freeview and Youview and it is only a matter of time before Virgin Media signs up .
Telcos and cable companies are key to streaming as your Smart TV has an embedded button on your remote control to directly to Netflix, Google etc.
Samsung has signed up to include Britbox in its smart TVs.
The UK is insisting that all smart TV producers follow suit and legislation is in train apparently.
This is to level the playing field in the UK where Netflix is now on most Smart TV remote controls.
I have a Sony Smart TV with a designated Netflix and Google play button on remote.
Other deals are in the pipeline following C4 and dont forget the Global market potential particularly Ireland, Australia, New Zealand,et al
Britbox will be a niche streamer and only needs 5 million + subscribers to add huge value to ITV.
Thats assuming that one of the big players dont pounce first in the escalating content war.
When the dust eventually settles there will only be 2 or 3 players controlling the Global content market imho.

I had thought I had seen it all but today takes the biscuit .
One of main reasons for the ITV share drop today was the fact that Kepler Cheuveraux downgraded ITV from buy to hold but....wait for it....INCREASED their price target from 130p to 150p.
I honestly give up on brokers and their madcap analysis.
Apart from our big fan Liberum no other broker has mention the hidden value of SDN and the ongoing retransmission negotiations with SKY.
GUARANTEED UP TOMORROW IMHO

It appears that the giant blood sucking squid( GS) has finished its gorging.
ITV share price moving back up.

Buyers moving in with volumes now up to 5m shares traded.
Todays low of 131.75p seemed mad on no news and contrary to brokers upgrades post update.
MMs and Goldman no doubt having a bit of fun today.

Now down 6p or 4.5% on no news and a tiny volume of 2.6 m shares dealt.
Strange indeed.

Obviously no direct link between Tullow and ITV but the general market sentiment
went very negative this morning with the early c 25% drop in Tullow adding to the downbeat
mood with a lot of FTSE 100/250 stocks falling back on very thin volumes.
That's my read on the situation early doors with no specific negative news on ITV to warrant
a 4% drop on very low volumes.

4% drop in SP today on 2 million shares traded.
This low volume tells it all --MMs adjusting positions on FTSE 100/250 shares
after a 20% drop in Tullow Oil shares, the former FTSE 100 darling.
The share price will bounce from these artificial levels later in the day imho.

Interesting that there was no mention in the update on the current negotiations with SKY on retransmission rights which based on the deal SKY did with STV could add an extra c£120m to ITV's revenues each year( all to the bottom line) or any mention of SDN revenues ( buried in non advertising revenues)
Liberum think a SKY retransmission deal could add c3p to the EPS which should bump the overall SP by 20p+ all things being equal.
A successful renegotiation of the SDN licence could add another 20p+ to the share price as it would copperfasten a valuation of the SDN business at £800 m or more
So a lot of hidden gems still under the mattress and may be revealed soon.

I fully agree
Nolupus is a sensible and contrarian voice on this board and certainly has my respect.
Like most here I am in the red but have a gut feeling that the game is not over yet.
At a valuation of just £13m Immupharma may offer a good opportunity for another Pharma to maybe reverse into it ( reverse takeover) and the merged entity could raise funds to complete another Phase 3 trial based on more focussed parameters.
Immupharma still has some other interesting peptide drugs and their investment in Incantera.
So maybe all is not lost imho.

Tide turning
Pension deficit of over £100 m cleared -now £2m
Dividend of at least 8% confirmed for 2019
Figures in line with expectations after awful Brexit and political uncertainty in year to date.
Hub now has 30 m users -2 years ahead of forecast
Studios outlook for 2020 only sour note but thats showbiz folks
Happy with results
I think we have turned a corner
Lets see what the market reaction is.