Excellent post Casapinos.... Balanced, and a very well expressed and sensible point of view - I entirely agree. My only issue is that my average is 24.8, but i intend to buy more at below 15p to achieve a better average in the context of the current SP.
Having looked at a number if posts in the last few days when the SP has dropped, it seems to me that many people have really lost sight about what Sirius is all about....this is not an "investment" as such....it is a "punt"....a"gamble", and we were always gong to see peaks and troughs as far as the SP movement is concerned. Hopefully in the fullness of time our "gamble" will turn out to have been well justified. GLA
Does John Malone not also own Formula 1?.... It would seem to me therefore that on the assumption that he does, that ITV would be an ideal fit and give him an option when F1's current deal with Sky expires. I would doubt in any event that he would be unlikely to show his hand until the money is in the bank from the Voda deal..
One thing for sure is surely on any view ITV at 113 a share is a strong buy at that level
No sorry boys,!.... I live in Glasgow , and I do business in the SW of Scotland, not only have I never heard a Glaswegian use the word "gotten"..... I have never heard anyone in the SW use the word either. In fact they would laugh at you if you did...... And let's be clear about this, it is not a word recognised in the correct use of the English language!
Anyway all the vey best to all of you in relation to your investment decisions
LTIC, I would guess either b) or c) or a combination of both.....I also think that the fact that the Norwegians have taken a 3.5% position has probably give rise to some optimism.
Scittishlad, if you are indeed a first time poster and not a reincarnate of some old discredited hack on here then welcome. I am also Scottish and in my experience Scottish people don't use the word "gotten"..... That is usually only confined to those keen to adopt American slang and i haven't met any Scotsmen to whom that applies!..... So.......?
Hard up, the losses to which you refer were prob "write downs" for tax purposes in order to mitigate his tax liability - not actual cash or trading losses. In other words it is probably very astute tax planning and accounting. As I said previously he is not a clown, and not an idiot.
As Finley says not only do you obviously not know a lot about investing, it is also obvious that you dint Joe anything about business either. Maybe you should restrict your utterances to subjects about which you have a greater and clearer understanding.
IT seems to me that the drop in the SP is over done, and a complete over reaction to the Q1 results. I am tempted to top up at below 120 and average down my price but tbh I am a bit windy just at the moment. I agree the Board could do more to shore up the SP and reassure shareholders, but sadly not the case.
If the current SP doesn't attract TO interest what will??
Not an idiot at all!.... Don't underestimate "the Donald".... I bet he shorted the market a couple of days before he sent the tweets..... And will prob buy back in before tweeting how well the negotiations are going and that "we are close to a deal"
Hard up, I think that the explanation may be that the shares were previously loaned to short sellers, who have now accepted that the shares at their current level are not now worth shorting, so they have returned them.
If that is so it should seen as a positive sign for the SP going forward.
Dallo, that is very interesting, and when you say that "Something has to give", I assume that you mean that either the SP rises significantly to reflect the points that you have made - or that ITV finally is the subject of a takeover in view of the perceived value of its archived content, and the revenue capable of being generated by ITV studios and the effect that must have on shareholder value?