Member Info for MikeS02

Hi BE,

Many thanks for the clarity and makes total sense - guess we'll know soon enough and wouldn't be at all surprised with a return to 'blue' by the end of trading and for those who wouldn't want to miss out on any announcement on Monday - let's hope eh and thanks again

Hi BE & Redcain,

Many thanks for sharing your thoughts

Have to say really wouldn't see any value at all to a buyback - as we all know, the money will only be available once the deal has been signed off by the regulators and whilst there then may be a little bit of time to then completing the deal, simply can't see why ITV would then look to reduce shares in what will be an 'old' and sold part of the Company?

Totally get that they may keep some back for investment in the studios part, although again, they continue to invest on an on-going basis anyway as a on-going business right now and so can't see much value to retaining much there either if anything?

Clearly for me and I'm guessing many investors, a straight forward special dividend would be a clean and easy way to thank investors

Hi all,

Hope you're all very well.

Just a couple of things to add this morning:

1. With regards the current SP performance - simply wouldn't worry - the reason why the SP hasn't motored, is that everyone, including us retail investors are waiting for the terms of the agreement and probably as important, is how our BOD shows real leadership; commitment and most importantly, confidence in the deal as all of these will feed in to our SP 'jump' on the day of the announcement - also covering off 'tricky issues' like ITN news will likely be in the announcement and again, hopefully both sides have thought that one through too as likely to be a key focus for the regulators - so as I say, it's all about terms released on the day and BOD commentary

2. Also though though that I'd touch on any prospective special dividend, which guessing the BOD will also announce on the day itself, pending of course regulatory approval - so at a valuation of £1.6 billion and taking off the possible £200 million for future profit related guarantees and let's say £100 million for the purchase of Love Productions, leaves £1.3 billion for distribution, which based on shareholder numbers, would give a special dividend of 35p per share - not shoddy eh! Equally though, the £300 million shared above, could of course be covered by ITV profits directly and as such, they may share that the full amount will be available for a special dividend and if so, that would amount to 43p per share - I mean, who wouldn't want to be part of that and if such numbers are announced, I can certainly guarantee that the big players WILL want many more shares - I mean who wouldn't and as such, the SP will spike!

Finally and just to share that asking the Q in my AI bot about how much should the SP spike on the day of the announcement, it shared £1.20-£1.50 - now I know that with the regulatory risk that such numbers may not be achieved on the day, but hey, if it hits the £1.05 mark on the day, which many commentators believe it will, then as a starter for ten, I'd certainly be happy

So hope this helps - clearly just my thinking and GLA

Hi all,

Just wanted to share that if you remember at the weekend, one of our posters posted an article whereby the ITV commercial director was sharing during a presentation that he'd been on a call about the acquisition the day earlier - I mention this simply to share that in the same article, this senior exec at ITV also shared that there would be no official announcement ahead of the canneslions awards celebrations in this week, which pretty much all of the senior people attend from across TV etc - so this finishes at the end of Friday and they clearly wanted the celebrations of key talent to go ahead without any real drama - guess Reuters report today has scuppered this a little, but clearly I believe that news will very likely come out either Monday or Tuesday of next week and when diaries are clear and celebrations are complete etc etc

Just wanted to share and clearly just my thinking, but we're clearly on the road and GLA....

Hi Alboumphoto,

Hope you're very well.

Have no doubts whatsoever, that the SP will indeed 'fly' into the £1.05 range once the deal is 'official', so the move today isn't surprising, as big investors will want the absolute confirmation; to see the terms and importantly that both sides have a water tight rationale for doing the deal, as this will be very important because we know it will be going against key regulators in the UK - you have to think that after 7-8 months of deal making, that their rationale will indeed be excellent

As for those 'mocking' us shareholders and LTH's for holding the stock - just one thing for you all - the middle finger!!

Enjoy the ride as at long last we have the news we've all been waiting for and simply await confirmation etc - by the way, jedclampit - totally agree - when there is such publicity, the Companies involved usually release an RNS accordingly - and finally, whilst both sides appeared to be waiting for the canneslions awards ceremonies to be finished - which finish end of tomorrow, before any announcements - then news could come very quickly

GLA and enjoy

Hi,

Yes correct

Have reported also

Sundezena,

Normally I simply read your posts and move on, but please, DON'T mislead as it's pretty shameful - Wizz DID NOT rocket higher today - it was up 1p! Suggest you retract such shameless postings - oh and not just once either!

So if you look at the offers, they were 5.60; 6.00 and 6.25 and so a clear down trend and if they offer anything more, which I don't believe that they will, then based on the downtrend, it will be 6.50 max - more likely 6.40 and final offer.

The BOD's have been very clear - this is opportunistic and as such, even if Castlelake come back with 6.40/6.50, it will clearly be rejected - also because the BOD's have been quite emphatic in the rejection, don't believe any others will come forward either.

Remember, these companies 'offer' to make money and lots of it and they clearly won't offer the sky, as of course there's always other companies to look at and likely what Castlelake will do - walk away

Clearly just my thinking

Right now, think there will be significant ripples tomorrow if things continue as they are in Switzerland - so idiot Trump has opened his big mouth again this pm several times and he's spouting nonsense - in one, he says that if Iran doesn't do a deal, he will take the SOH militarily and charge a 20% toll - I mean,. what planet??!! So wouldn't surprise me if Iran simply walks away; keeps their side of the SOH closed for a period of time and if so, the markets will certainly be hit tomorrow and through the week too if things escalate - BEST thing that can happen is for Trump to keep his big mouth SHUT!

hi gaztop49,

i agree about tomorrow, although guess we'll need to see what comes out of today ref switzerland - that said, with idiot trump opening his big mouth again today, can see iran walking away and keeping their side of the soh closed for a period of time - just then depends on whether trump decides to take more action etc - he's already said this pm that if iran doesn't do a deal, then he will take the soh and charge 20% tolls - i mean the guy is a lunatic and what a day to say things like that - he's totally ****ed off iran in the last couple of hours - wonder sometimes if it's planned??!!

So it's the Oman side that is still open - although of course, that's maybe where mines are laid - just need one ship to hit one and then ...............

Also, whilst Oman is currently open, you have to think that numbers going through only this part will be significantly reduced to being able to use the whole route - guess we'll know later if negotiations have helped at all - my two penneth - no

Hi EC,

Hope you're very well.

Don't suppose that Iran cares about this at all - remember since the re-opening last Wednesday, they've managed to get at least 26 of their oil tankers out and away from the previous US blockade and across the SOH which of course will bring them a nice piece of 'wonga' once they arrive at their destinations. Also having these massive ships docked will enable them to offload their overstock situation on Kharg Island and likely right now that in itself will be a massive win - if they then need to simply wait a few days or weeks to send out, don't suppose they're bothered at all

hiya, bit more to share from al jazeera:

iran says delegation heading to switzerland to ensure us fulfils commitments under agreement

we have more comments from iran’s foreign ministry spokesman.

esmail baghaei said an iranian delegation would shortly be leaving for switzerland to follow up with the us and ensure it upholds its commitments under the recently signed interim agreement.

“this trip is, in fact, aimed at following up on the implementation of the other side’s commitments,” he told state tv within the past hour,

“given our experience with the other side’s failure to honour commitments, we must naturally be very firm and serious in demanding fulfilment of obligations during the implementation phase.”

baghaei explained that the delegation did not travel to switzerland yesterday as previously scheduled because the interim agreement “was signed digitally by the presidents of the two countries, so there [was] no longer any urgency for holding that meeting”.

today’s trip is necessary because “negotiations towards a final agreement” can only begin once several clauses of the agreement have been implemented and “unfortunately, we are not seeing that situation at present”.

“therefore, during this trip and these talks, we will be pressing for implementation of the other side’s commitments and seeking clarity on how exactly the other side intends to carry out those commitments.”

also, key negotiators from ****stan also making their way over to switzerland, but looks like it's all about technical details on the mou and nothing more - hope it helps

hiya,

couple more bits from al jazeera as below and hope it helps:

iran says delegation heading to switzerland to ensure us fulfils commitments under agreement

we have more comments from iran’s foreign ministry spokesman.

esmail baghaei said an iranian delegation would shortly be leaving for switzerland to follow up with the us and ensure it upholds its commitments under the recently signed interim agreement.

“this trip is, in fact, aimed at following up on the implementation of the other side’s commitments,” he told state tv within the past hour,

“given our experience with the other side’s failure to honour commitments, we must naturally be very firm and serious in demanding fulfilment of obligations during the implementation phase.”

baghaei explained that the delegation did not travel to switzerland yesterday as previously scheduled because the interim agreement “was signed digitally by the presidents of the two countries, so there [was] no longer any urgency for holding that meeting”.

today’s trip is necessary because “negotiations towards a final agreement” can only begin once several clauses of the agreement have been implemented and “unfortunately, we are not seeing that situation at present”.

“therefore, during this trip and these talks, we will be pressing for implementation of the other side’s commitments and seeking clarity on how exactly the other side intends to carry out those commitments.”

also, looks like the key mediators from ****stan are also going to switzerland, but sounds like it's all about clarity on the mou and nothing more as yet - hope it helps

Hi Rock8,

Many thanks for sharing and wouldn't it be great if it materialises in the coming days - if nothing else, would be great to lift 'a finger' to those doubters eh

Hi all,

Just to share the below from Al Jazeera and not good news of course - will be interesting to see how trump 'flips' later

Iran says it’s closing Strait of Hormuz over deadly Israeli attacks on Lebanon

The Iranian central military command says it has closed the Strait of Hormuz over Israel’s attacks on southern Lebanon, describing them as a breach of Iran’s agreement with the US.

“It is hereby announced that the Strait of Hormuz will be closed to vessel traffic; It is noted that this first step is a response to the enemy’s breach of promise, and if the aggression continues, further steps will be planned and taken to force the enemy to comply with its obligations,” the Khatam-al Anbiya Central Headquarters said in a statement carried by state TV.

Hi all,

Just to share the below from Al Jazeera and not good news of course - will be interesting to see how trump 'flips' later

Iran says it’s closing Strait of Hormuz over deadly Israeli attacks on Lebanon

The Iranian central military command says it has closed the Strait of Hormuz over Israel’s attacks on southern Lebanon, describing them as a breach of Iran’s agreement with the US.

“It is hereby announced that the Strait of Hormuz will be closed to vessel traffic; It is noted that this first step is a response to the enemy’s breach of promise, and if the aggression continues, further steps will be planned and taken to force the enemy to comply with its obligations,” the Khatam-al Anbiya Central Headquarters said in a statement carried by state TV.

Hi robs60,

Many thanks for your thoughts - just for clarity though, triple witching this past week actually occurred on Thursday as of course the US stock markets were closed yesterday - so it doesn't really answer the after hours volume late on Friday- just to share

Hi Micky1971,

Hope you're very well and many thanks for sharing - doing a quick calculation, trade volume after close, amounted to 50% of the total trade yesterday, which in itself was nearly 3x the average daily volume - which is a bit crazy and great to see.

As you say, something is brewing............. Best regards and GLA