Member Info for jedclampit

Sorry 2 slips of the b** finger there

Pogo001, you seem to have a very large holding in ITV and a very big Divi payment coming. Could I ask how do you hold so many shares , I take it there not in an IAS as you can only out in £20k 's worth each year and Such a large Divi meas a very large tax bill.

Are you living / trading outside the UK and outside the UK tax laws . ?

Pogo001, we all have different views on things and like to gamble don't we, the whole stock market runs because different people buy and sell all the time on their views even all the broker houses try to change the SP 's on shares they want to sell or want to buy and that creates movement in the prices.

So no one wants there to be just positive movements up-wards on shares because there would never be any shares to buy when you wanted them. Now I want ITV shares to go up because I already hold many, but on the other hand I want them to go down again so I can buy more at a cheaper price. It's not about being anything we do what we think might happen to make money. simple.

I also think this is still undervalued and will work it's way back up to £1 over the next 6 months because it is in a much better position now than 12 months ago.

OK I made the wrong call yesterday and sold some with a profit thinking it would fall back to say 70p-71p before it went back up, and we all make the wrong call at times.

Not bothered though as all the SP gains help my thousands already being held. Just need the ftse to come down a few hundred points now to buy other stocks while i wait for ITV to hit the £1 mark. It's all a bit of a game.

Well some of the main points, Good and Bad

"Total advertising revenue grew 3% in Q1, in line with guidance, with good momentum continuing into Q2 benefitting from the Euros in June. H1 TAR is expected to be up around 8%. But overall flat for the year.

Total revenue was down 7% at £887 million (2023: £952 million), with growth in total advertising revenue (TAR) offset by the decline in ITV Studios revenue

● Total external revenue was down 6% at £727 million (2023: £776 million)

Total ITV Studios revenue was down 16% at £382 million (2023: £457 million) due to the phasing of deliveries which are heavily weighted to H2 and the expected impact from both the 2023 US writers and actors strikes and the weaker demand from free-to-air broadcasters in Europe who have been holding back spend until they see more certainty in the advertising market

Last time the drop in TAR was off-set by the Studios, now the drop in Studios is off-set by TAR an about turn.

Not sure it will push up SP today.

I did sell a chunk yesterday at 73p+ in the hope of a little drop to buy more back in, but was it the wrong call ?????

Hi all info please.

Up until now you can only have 1 ISA in your name with a limit input each year of £20k now that's in a cash ISA or shares ISA until this April when you can now have 2 in your name but still with a limit in put max of £20k

So if you have a cash ISA you haven't been able to also have a shares ISA in your name but now I guess you can but the £20k must be shared. So if you already have a cash ISA and put in your £20k this year you cannot open a shares ISA , OR can you? Anyone care to share so info please.

Plus we all know that at some stage soon the ftse will turn down again and although many say it will not hit ITV we all know that many / most shares will go down if the ftse drops 100+points , So ITV will be back to 68p-70p in a few weeks regardless.

I have just given up holding the same shares forever waiting for them to come back. Buy Hey what do I know !!!!!! and the shares will probably go up to 80p now.

What's going to happen with ITV, but I have been trying to look at it in the cold light of day.

Over the last few months the fts has risen what about 800 points and ITV has risen to 76p ish and fallen back due to Divi plus other bits.. In the last week or so the ftse has risen by maybe 300 points and ITV has gone up about 1p-2p Why.

So trading up-date tomorrow but what 's going to be new in it some sale of business or dramatic improvements I guess not.So where will the SP go in the next few weeks ?

I like many others hold many thousands of these shares with Ave about 80p if I take off the many lots bought and sold at about 70p, so I might as well hold many and just keep buying and selling from 70p to 75p-76p while waiting for the SP to come back up to 80p-£1. and also keep buying lots of other shares for a quick £k here and there. It all makes it a bit more fun. So I might sell a few more today if it hits 73p and wait for the drop again.

But it's all about timing, look we all know that with the trading up-date tomorrow even if it's great the SP will probably go down again for a few days so you might as well sell today and then buy back on Thursday at 69p.

I think MA with 22% already can if he is quick pick up the rest of BOO for 50p now ,.and then wait for better times ahead.

We all know he knows what he is doing .

Goodness how the mighty have fallen and these results say it all.

Sales down profit down and it seems no matter what they do they cannot stop the bad ship from sinking.

Where are any good points for now, ok things might be better in 6-12 months but other things will come along to move them off track, and to start putting assets like fixtures and fittings in the books to look good beats me. Think we could see SP down to 25p ish.

A few months ago I said the UK ftse was still down about 500 points from it's all time high while the US was topping it's all time high and once the ftse got moving ITV would make up lost time and e back about the 80p mark.

Well our ftse is now at an all time high and ITV is still in the low 70's, I must admit I am losing all faith in ITV so what does it need to do to come back to 80p+.

Even if/when we get a positive trading up-date will it move up ?????

But we all know what happens if we sell out now. !!!

Yes you have to try other stocks, I bought sold THG and MCG and made money now sitting on more cash ready to buy others when the market drops.

I am just trying to play the system here, I sold lots at 75p-76p and bought more back again at 70p ish but we all know that every time they have results/ up-dates the SP goes back down in the short term.

Is that going to happen again this week ? or will it be sod's law if I wait to buy or do buy and the revers happens.

Must be time to buy more at 71p ish before we get a great up-date ?

So with the shorts now 2.8% it does look like a few are trying to push this back down over the next week or so, back to 55p ish ?

ITV plc Q1 Trading Update for the 3 months to 31 March 2023

Continued significant strategic progress; digital revenues up 29%

"ITV continued to make significant strategic progress in the quarter and all parts of the business performed in line with expectations.

"ITVX has sustained its strong launch, with a 49% increase in streaming hours and a 29% growth in digital revenue in the quarter. Exclusives, such as Nolly and The Twelve attracted new viewers, 80% of whom went on to explore other content on ITVX. In addition, live simulcast viewing of our biggest shows and sports events, including Love Island and the FA Cup attracted large streaming audiences.

"ITV Studios continues to demonstrate significant strategic momentum. With a strong pipeline of content and committed revenues, it is on track to deliver mid-single digit revenue growth over the full year, ahead of the market. This follows record revenues in Q4 2022 and with the phasing of deliveries expected to be weighted to the second half of 2023.

So will they be the same with jam tomorrow,

and the SP going down to 68p ish ????

Any ideas good or bad

Yes trading up-date next week, so if we go by normal trading after any results / up-dates being very good next week the SP will go down again. Just wondering If I might sell some of the shares I bought back in at 70p ish.

What's the plan guys /girls.?

Good morning Morbox, so what dilution. ??? As far as I can see they have NOT issued any new / more shares only moved to aim for cost savings.

Is that right or wrong ???

I guess they could always sell another 20-25% to merk or someone else, if they have any stake left. !!!!

then it wouldn't look like another cash raise ??????

But we all know it cannot carry on like this for long.