RE: Cheap As Chips13 Jan 2022 09:32
Tom........ "I will hold and get my £3 there long before Nige sees £1.70 here."
Tom you can check my history on this site and also ADVFN and I was also on iii discussion boards, all with the same name NigoCo. I'm not usually one to blow my own trumpet, but I will on this occasion. Before I purchased ITV I was invested in Vodafone for 5 years, I made a 6 figure profit in that time frame including dividends that were re invested back in VOD. I watched the ITV share price fall from 240p to 177p before I purchased. Including ITV dividends already banked, ITV ows me 160p per share, with each dividend I bank, this will bring my breakeven price down further. I'm a value investor, I've been successful at investing for over 36 years and I've done very well. But I only have 30% of my wealth invested in shares. The rest is invested in property. So I sleep well at night. I invest in shares for a bit of interest. So while ITV have not been my best investment to date, I see great value in ITV and believe that I won't make a loss in them long-term. I consider myself as an investor not a trader/gambler. Each to their own, it works for me.