Member Info for jedclampit

Looks like the city does like CNA in the ftse 100 and now the SP starts to respond, could see £1 very soon now.

I like that bit, (Very little has actually changed,).
Where have you been customers will all be getting shorter of money , customers will be drinking less and eating less and sales will go down with profits being very hard hit.
The city must think year end results will be bad so the SP could be down to 35p-40p if we carry on like this.

Yes I think we all believe it's under valued at the moment but the city and people in the know seem to think otherwise as it's been taken down for a while now.
Maybe someone has some inside knowledge of whats coming in the results, and they could be right so I guess we should just wait, but if £1.50 comes I will be buying more.

I would assume someone from Hedin group were also there and seeing how the current directors work, if it's for the shareholders or themselves.
Maybe now would be the time for some action and move to a takeover.

Sometimes you can almost see what's going to happen in cases like this, a number of companies are/ could be interested in a bid but gets rejected with the holding BOD's expecting a much higher bid.
But in reality what happens is all the bidders pull out and the SP dives so any potential bidder then walks in and buys all the shares very cheap, maybe in this case 50p+. It does look like a game of chichen. So where is the SP going to end in the short term 50p- 60p ?

Tom, who really cares.
There will alway be people suffering of no food,no money , no housing and different standards of living and there will always be people with money taking advantage of that.
Look back 40 years many of us were taking holidays in Spain etc for £50 and loved it, everyone has their own problems and you cannot expect the UK to take all the imagrants in the world and feed them all. OK some say we should but ok in that case let's do it and put 10p on income tax for everyone to pay for it. We all try for better standars and take advantage when we can. stop trying to save the world with us paying for it. no body / very few really care as long as we are ok. thats life.

contrarian123, If you feel that way about ITV I guess you have sold all / any shares you had and not interested in ITV any more. In that case why are you making/ posting any posts or is it that you want to save others from making or losing any money. A good deed for the month etc.

Tom , more doom and gloom.
Most of Europe has had bad debts since the second world war and I think the UK only managed to pay back it's debt some 10-15 years ago. the world works on debt and many top class CEO say you never use your own money to run your business you use someone elses money. Whatever the out come over the next few years we will sort something out, we always do. Stop being a drama queen.
I used to think you knew what you were talking about , but the more comments you make I am beginning to question that idea.

For all those posters you told to sell today have now all lost money as the SP is starting to recover.

Goodness Tom , more doom and gloom it's the end of the world people jumping off buildings ivers of blood etc etc.
I have lived and traded through many bad times and lived with interest rates at 12%+ stop keep telling people what to do.
Before you tell more to others please tell us that you sold all your ITV share within the last few weeks at below what you paid which is what you must have done going by what you told us about your buying.
Share will always go up and down and people will always make money and lose money , that's life. Just get off your soap box.

We all know that Mecedes bought into AML with cash / support of 25%, but was that at a fixed price or has Mercedes % gone up as the SP has gone down.?

The trouble now is that companies like Cury and AO world will suffer more because consumers will have less money to spend and first things that get cut back are big Whight goods and TV 's etc.

I think it was more than a rumour.
Mon, 21st Mar 2022 09:30
(Alliance News) - Pendragon PLC rejected a secret GBP400 million takeover approach from major shareholder Hedin Group, Sky News reported at the weekend.
According to Sky News, Hedin Group, which operates more than 200 vehicle showrooms in Belgium, Norway, Sweden and Switzerland through its subsidiary Hedin Bil, tabled a secret 28 pence offer for Pendragon several weeks ago.
In addition, the approach was not disclosed to Pendragon's investors, and is said to have been rejected by the ompany's board, according to the report.

https://news.sky.com/story/pendragon-shareholder-hedin-group-in-400m-raid-on-car-dealership-giant-12569980

Pendragon shares were up 20% at 26.00 pence on Monday.
I think the rules say once someone get 30% stake they have to either make a full takeover offer or state they have no intention of doing so.

Good god, all this doom and gloom vs £.
Over the last few years the £ has gone up & down vs the $, in the last few weeks the USA has put up their interest rates more than uk and the £ would go down but today the uk have put their rates up so we will be much closer to the use in terms of rates and the £ will come back. Thats world life it moves all the time, just get used to it. so if you are looking to buy some good quality stocks now with great profits and divis then ITV should be considered for growth later.

Yes agree, but when consumer spending goes down companies spend MORE money on advertising to drive more sales so ITV should do better.
Infact it's common knowledge that when times are hard companies cannot not spend more, it's the correct thing to do.

Strange change of views Tom, for the last few weeks /months you have bought in higher than current price and told everyone to buy as you thought the SP was now going up and you were so positive.
So for many now to sell , does that mean you have now sold at a loss and want to buy back in lower?
Change of tatics again.

Admin,
Many of the readers on this site also buy many of the company’s shares and to aid that we need as much up- to date information put out by London south east.
I would like to ask why it is that some information seems to be passed on and other information is not.
I just draw your attention to Broker up-date on 25th May HSBC cuts Greencore price target to 170 (220) pence - 'buy'
Which has never been published on your Broker up-date page above
And today 15 th June Berenberg cuts Greencore price target to 130 (175) pence - 'buy' but does appear on the broker up-date page above.
Like many posters / investors on here I would appreciate all the latest company information possible as soon as it becomes available.
Many thanks for trying to keep everyone up-dated.

Goldman Sachs reinitiates Centrica with 'buy' - price target 123 pence,
So plenty of movement left to go up more.

So with Hedin now holding 27% and knowing how well the business is doing as they must be on the BOD's jsu how long will it be before they put in another offer.
Last time they offered what a low value 28p thinking they might get lucky, but what do they think the business is really worth and could they get control with a 50p offer. Surely it's only a matter of time and I would have thought they will want to bid before the SP gets above 50p. After all they only need another 24% to hold the power.

Tom I think you will find it's £10m ebita profit , not rev.