Yes a very good informative article in this months shares magazine. Everything looks very positive for Southend Airport and STOB going forward. If LSA can meet passenger growth targets set out over the next 5 years, then the share price should take care of itself. I'm happy to be on board for the ride. STOB looks like a very good place to park some of my hard earned cash, for the foreseeable future. GL.
Southend Airport the key to unlocking Stobart's growth potential
I enclose below a quote from this months shares magazine...
"As passenger numbers grow, Stobart is also looking to increase its number of car parking spaces, up from the current number of 220,000, with the land already available to do so."
I think that this number maybe a miss print, I would be very surprised if LSA already had parking spaces for 220,000 vehicles. I would advise shareholders to read this article, its very informative. I would agree with the article, and also think that LSA is the jewel in the STOB crown.
RE: Mega-Deal... Will it be ITV's turn soon?14 Aug 2019 10:25
I think all the Brexit uncertainties over the last 3 years have played a large pert in a very weak share price in ITV, and other companies. I think once Brexit is out of the way, I think we may well see a lot of activity in the stock market, with acquisitions for a lot of companies who's valuations have been badly affected with the weak pound. I'm sure that predators will be circling ready to pounce.
Everything has fallen into place for Liberty Global one of ITV's largest shareholders, (9.99%) with their recent asset sale to Vodafone. They're in a very good cash strong position to take advantage of a very weak ITV valuation. I feel ITV are very vulnerable to a takeover bid, that I think the BOD have little defence apart from using the potential of Britbox. Liberty have previously said that they intend focusing on the UK. It's now or never for Liberty / ITV? If Liberty drag their feet much longer, they may well find someone else beats them to it. JMO.
I agree with everything that you've said. I'm also not sure as to what effect, if any, the planned strikes will have on Southend airport. But probably worth holding fire for now, or maybe waiting until after we leave the EU, if it ever happens. I guess time will tell.
I'm hoping to pick more of these up after the Rynair pilot strikes, that are planned for the 22nd and 23rd of August and also the 2nd, 3rd and 4th of September. I'm hoping for a share price of below 110p. 100p would be nice.
ITV closed up 3.25p at the high of the day on 11.09 million shares traded, this being average.
At 1623 UK time over in the USA the ITV ADR price was up 1.59% shares traded 25,204K the daily average is 21,715k. Already above average shares traded over the pond. Let's see what the volume is later tonight at close after a heavy volume reported yesterday. See my earlier post this morning.
As a big shareholder in BT, DT cannot be happy with the share price, or maybe they are if they do intend making a takeover bid. I think they're probably sitting on their hands waiting for the outcome of Brexit, like a lot of other predators waiting to pounce on other companies that may be takeover targets. I can see a lot activity in the market once we leave the EU.
"The new Finance Director Chris Kennedy is an M&A specialist so hopefully, something is bubbling under the surface."
It was rumoured in the press at the time of his appointment, that he was brought in for a reason. I think that Brexit is holding everything up. I just hope that the ITV BOD don't sell shareholders short, with any low ball offer. I think that the share price will recover to around 200p given time. (My guess around the time of the next football world cup 2022). I trust management to do the right thing. Time will tell. IMHO.