He's probably just being a nuisance on purpose Nige. BT, show your workings as to how fair value is a quid a share. I too have a portfolio (though am in too big in CPI admittedly). Made decent money in BP myself. Don't think your oil shares will jump another 45 per cent between now and end of the year as they have already had a decent run. Long term, there is the obvious risks with those too because the way the world is going. Anyway, back to ITV, it would be interesting to see how you have worked out fair value as 1 pound for ITV. A little bit more than just "ITV is for OAPs" please.
BT, it doesn't quite work like that. "The SP is now 60p, let's bid now guys". You won't be able to understand results/EBITDA etc so I understand why you post drivel. If there was something fundamentally wrong with the business like the AA, then indeed, PE could get it for cheap. The AA went for 35 pps. Arrow Global were bought by PE, they went down to 60 pence but went for over 3 quid a share. Learn to decipher results.
I agree, Netflix and others will prove some competition to ITV but this is worth 150p and have bought to make 45% here. Medium term, we could see a drop but I'm expecting 140-150p again by Q2 of 2022.
RE: Is Now The Time To Look At Buying ITV plc20 Oct 2021 15:48
Have done my research and just bought back in. Bought in last year at 75p which was a bargain but it ultimately dropped more. Sold at a quid and made a nice amount. Didn't expect to get back in this low so have chucked 10k at this. I've got 60k in Capita which I'm hoping to almost triple my money on. GLA
50p won't happen. 80 to 90 pence possibly but think we are near the bottom now. A "market crash" or "correction" has been noise for a while now. What "correction" is the FTSE due exactly? Baseless nonsense. There really are some shocking articles that get printed nowadays.
RE: The reason why the SP has gone to cr@p again?13 Oct 2021 09:58
"this will hit 60p before Xmas at some point - im pretty sure about that"
Hopefully Know0, I'm not too sure. Really depends on this update in December. If it's a nothing update, think 60p will be at end of year results in March. Update should hopefully give us an inclination of where they are though.
49.99p mate, and it'll never go any higher ever again.
Jokes aside, really not sure. I'm waiting on 80p by next summer. I initially didn't see us passing 50p and actually staying past 50p until full year results in March. It looked like we had done it, but here we are at 45p again. I'm hoping to be pushing 60p by end of December and then close to 70p come results in March. If I was to predict however, I can see us hitting around 50p again in December with the update and then staying around that figure until fully year results in March where we start attacking 60p. So, sticking with my initial thought that I don't think we'll leave sub 50p for good until March. Then hopefully crack 80p by the summer of 2022.
There is a strong base, but it just won't get past and stay there. A good RNS could do it. A few contracts here and there won't imo, we'll need to see this disposal soon....but that's expected and can't see the price jumping because of it. Refinancing isn't going to be soon now going by what Stuart Morgan said. Need some of the big dogs to take postions.
Indeed Directive. I initially thought end of year results, then when we shot up, I then thought it might have enough momentum. But, looks like it isn't going to get past and stay past 50 until those final results imo.
Drop was because of both imo. Obviously the points Know0 has said, but this continued to fall because of covid. No covid and this wouldn't have hit the 20's. As Stuart Morgan mentioned, this is seeing recovery from the the changes they have made as a business, but also covid recovery too. Their events business should hopefully see some much needed covid recovery. Hopefully get ky 80p by next summer.
RE: Big scrap in the 150's next week - or not?14 Sep 2021 11:01
Hmm, I have unexpectedly come into some cash. Was going to buy more Capita, but I am in pretty heavy there. I took some out of BT to buy more Capita before the BT rise to 2 quid so think I'll buy in here at some point. Be interesting where the bottom is.
RE: Nice Momentum Starting to Build06 Sep 2021 11:58
Looks like it Culley. I initially thought we wouldn't leave 50p for good until end of year results. Then with the rise, I thought we were going to pass it, but it has indeed run out of steam. Could well be that we do have to wait for results, but hopefully when the next disposal is sorted, and refinancing is done, that will see us through. As you say, we need some postive update, otherwise this will just linger.
You could well be right Trenners. Was contemplating selling some at 50 and buying back in, but can't be assed with it. If we fall back into the 30's, I'll be extremely miffed. If we fall back to mid 40's, then so be it. I'm hoping as AIM said, we are getting some big boys on board. If that is the case, I expect to see the SP stay around these levels before it rises. But as you said Trenners, volume has dipped recently. Let's see what happens.
Unfortunately it has been a rubbish share for the last few years. Yes, Covid gave a chance to make good money with BT, but it did with most shares. I binned quite a few BT shares before the take off and out into Capita. Initially looked a bad decision, but Capita is starting to climb now. If this drops back into the 150's, I'll top up. Company is sound and being led by the right man imo, unfortunately the sp has stayed way below where it should be. However, surely things are starting to hot up with that huge stake purcahsed? Even if I don't top up, I still have a small amount here I can leave for years and years.