Member Info for dallo

Looks like the chap from Shore Capital did a Cut and Paste
of my posts of yesterday regarding a possible takeover of ITV
particularly in reference to BT as a probable predator
At the current SP , ITV must now look very tasty to many of the
big boys and a contested bid could see a take-out price of c£2.50 imho

As Scarlett O'Hara said " Tomorrow is another day"
I certainly didn't fancy today much

Nige
Therein lies the dilemma
If potential suitors are not tempted at these prices then
we could be waiting a long time
Anyway a small bounce from today's lows in progress
I will clutch at any straw!

The big 3 Broadband subscribers in the UK are
BT 9m subscribers
Skye 6m subscribers
Virgin Media 5m subscribers

So don't rule out BT if ITV is put in play

Nige
The market is saying to McCall and the ITV Board that they must
demonstrate progress quickly as the consolidation in the Media sector
is roaring ahead with Liberty, Amazon , Netflix , Apple, Comcast, Disney et al
seeking a dominant position in the content/TV space.
For example Liberty through its Virgin Media operation in Ireland is showing
all Champions League matches only to it's broadband subscribers and investing
in original content in its Virgin Media TV channel in Ireland.
This is the model Liberty may replicate in the UK if it acquires ITV and only subscribers
to its broadband will be able to watch ITV's programmes and content library.
The other big boys are thinking the same and hence a battle royale may ensue
if ITV is put in play.
Just my personal opinion.

Nige
Very badly written and ill-informed article
Omitted to mention the growth and value of Studios( alone could
be worth £5b ) with 45,000 hours of an active programming library.
Also McCall's online initiatives, the impending Southbank sale for c£250m,
the fact that Netflix is 5% watchable and 95% garbage, the cyclical economic
effects on UK advertising, Brexit, the cash conversion rate of revenues of c90%, dividend cover,
takeover potential, Liberty Media's 10% shareholding etc etc.
We KNOW the issues facing ITV but what of the opportunities.
Totally unbalanced review

The company is now out of a closed period after reporting
the quarterly update so unless there is a bid on the table or other
market-sensitive information there is nothing to stop her or
other Directors buying now

Let us see if McCall will put her hand in her purse and buy
a significant number of shares at these lows levels to show her
confidence in her strategy and ITV as a whole
Otherwise institutions and other investors will be more than happy
to sell to a predator who does see value at a market cap of £6b
She will probably be given another 12 months by the Board but the market
may not that accommodating.

Sadly full year Dividend of 8p gone in 3 hours post
Quarterly update.
Never ever buy a share on a high Dividend yield
Just look at Vodafone and now ITV
Nearly 1 year in for McCall and shares at multi-year lows
A big task ahead and patience yet again required by long-suffering shareholders

We need a few days of sustained and substantial rises before
a meaningful advance to higher levels (20-30p) is achieved.
That will require a positive RNS in my view.

now in auction
maybe something afoot alright

Retour
The lack of directors buying is completely understandable given the
paper losses suffered by President Zimmer -- whose 18.2% shareholding
was "worth" £45m earlier this year and now valued at £ 2.3m
The CEO Dimitriou's 2.3% shareholding is now valued at £300,000 .
I suspect they are both fairly skint !
However, it might be good to see Tim Mc Carthy put his hand in his pocket
but not in his nature by the look of things

If there were dozens of drugs on the market to treat Lupus , I would
be less favourably inclined to believe in the potential of Lupuzor
but there is only Benlysta which is not very effective and has significant
effects.
So with a big Pharma behind it and further targeted testing Lupuzor
could have major benefits for Lupus sufferers
Obviously, Immupharma cannot advance the drug and hence the possibility
of a sale to a larger Pharma for a price which would be chicken feed
to the big boys but good enough for us patient Immu investors imho.

Nolupus

Of course there are significant risks here but at a valuation of £13m
the investment case may not be unattractive for those investors
who are prepared for high risk/high reward situations.

The follow-up analysis of the Phase 111 results showed statistically significant
outcomes in the European test cohort with Antibody positive Lupus ( 71% to 47%)
The results in the US cohort with Antibody positive Lupus was less significant.
So the Phase 111 results, while not meeting overall statistical end-points,reveal
very interesting data for further testing and analysis.
Also, a number of patients achieved full remission.
Also the Extension trial results are expected in Quarter 2 ,2019
The company has confirmed that it has entered an agreement with a provider
to organise the MAP and hopefully, we will hear more on this soon.
The sale of the French business is awaited and the Incanthera deal done
We also await the response from the Pharmas who received the NDAs .
In a word I feel all is not lost here and any positive updates from the Company
should lead to a re-rate of the SP imho

At £12m market cap valuation with c£6m in the bank, the Market is affording little or no value
to Lupuzor or other assets.
We need some positive news asap

Hi-hi
Not to mention the 45,000 hours of content in the library
which is not on the balance sheet and could be worth c£ 5/6 billion
The Downton Abbey movie is also in the works with a release
date of September 2019--could be big in the US.
Also, ITV may sell the Southbank site for over £ 250 m over the coming months
Advertising revenues continue to weaken which is suppressing the SP allied
to very shaky stock markets.
Dividend fairly guaranteed at 8/8.25p over next 2 years so all in all well
worth holding imho

Nige
Probably Goldmans messing about again

Nothing afoot I am afraid as SP falling back now
Patience required with the update on the 7th November now pivotal

Nige

Well spotted
Volume now at 40 million
Maybe something is afoot !