Member Info for Garydav2

Well heres a chance to buy in the 58's again.....

Rinse and repeat. Hold on we are going down again

The bounce is on ; ) haha

What sizes were they?

And a very quick profit too! Think this is GS plaything until any updates

Haha I thought that yesterday at 62p! Wiped out my gains made on Monday with Amgo and BP! They like lift it up and knock the legs out under it daily. Should of known better. Oh well a long term hold then....

And the slide continues. Back in the 50s this share never disappoints

Dont need to go to Alton Towers. Bought in here at about 2pm at 62.05 and been down ever since now 60.7 and falling. Dont mind the drops but want some climbs too : ))
My luck strikes again!

So what's caused the fall here? Down from £2.92 last Monday...

Bought some at 2.74 markets so weak atm. Worth a punt I think

GS dont need much of a negative to drop the price !!

Yes all very interesting but what does that mean???
I wonder if the price fell today on the news re Simon Cowell accident ....

Given the current uncertainty we are withdrawing our market guidance for 2020. In addition, the Board has decided that it is prudent not to propose the final dividend of 5.4 pence per ordinary share (£216 million in total) for the year ended 31 December 2019 at the forthcoming AGM, and to withdraw its previously announced intention to pay an 8p full year dividend for 2020. The savings from not paying the 2019 final dividend, taken with the cash impact of our cost and capex savings, will ensure that more than £300m of cash will be retained within the business. The Board recognises the importance of the dividend to our shareholders and will consider the quantum of any interim dividend for 2020 in light of this and of circumstances at that stage.

 

As we stated on 16th March 2020, ITV has good access to liquidity. We have £150m of unrestricted cash, a £630 million Revolving Credit Facility expiring in December 2023, of which £100 million is currently drawn, and a £300 million undrawn bilateral facility expiring in June 2021. In addition, we have no bond repayments until September 2022. 
Could they pay an interim divi?

Trades all showing now. A large sell reported but some nice buys too . Good finish wish all holders good luck for tomorrow

Any late trades reported? Nothing showing after the U/T?

Nice little pick up into close. Place your bets all.

The Deutsche analysts added that she believes the structural pressures caused by the influx of streaming video services such as Netflix and Amazon Prime have been priced into the sector, particularly following the de-rating of shares in 2020.

ITV’s recent share price, having sunk below 60p in March and April, has returned to those lows last seen in 2011, in early August ahead of this Thursday's interim results.

That level makes for an “attractive entry point”, said Naizer, leading to the recommendation being bumped up to ‘buy’ from ‘hold’ and the target price hiked to 120p from 80p.

Strange post Rbrand posted that reply to Francyn over a week ago . You shorters must ne getting twitchy. This has already started to unwind and If results are even slightly positive tomorrow this will head North. GLA

Get the balloons out. We finished up!! All 0.35% of it ....
Well it's a start

So I've been looking at the wider market and my thoughts are we should not be so fixated that this is an ITV issue / manipulation etc. The whole market is coming back to Covid crash levels. This is a bear market. Good if you have cash if you dont if you can afford it hold on. The direction is down. Look at Ftse futures again. Ftse will be 5800 again on Monday. I've given up trying to guess this market. Let's hope for a positive update next week GLA