Member Info for NigeCo

Not surprising that ITV gets a mention...........

UK stocks are still “ridiculously cheap”
John: Let’s move on to tips. Steve, what are you thinking this year?

Steve: Despite everything, I do think the UK is ridiculously cheap and that a lot of firms are likely to attract serious private equity interest if stockmarkets don’t do something about it. Any sterling weakness will just exacerbate that. So here are four UK names that everyone has heard of: BT (LSE: BT.A), Currys (LSE: CURY), ITV (LSE: ITV) and M&S (LSE: MKS). They’re all on about eight times next year’s price/earnings. Most have sorted out their balance sheets, and I think there’s real upside.

https://moneyweek.com/investments/stocks-and-shares/share-tips/604266/what-to-invest-in-for-2022

I think most if not all financial advisers reading Toms investment advise below will be cringing. I think I will pass on clueless Tom's "high risk investment" advice.

Its not hard to see why Tom lost his family inheritance / home / wife / life. Now he is left with little else other than to live on this thread making it his one-man mission to bring down Carolyn McCall and ITV. Lol. All because Tom lost his life investing in Easy Jet buying high and selling low. He blames McCall the ex CEO of Easy Jet for his own investment decisions, hence his hatred towards her. History may well have repeated itself with old Tom bailing out of ITV at 80p.

If all ITV investors who read this thread all sold their ITV holding based on Tom's words of wisdom, it would make no difference to the ITV share price. He's deluded if he thinks otherwise.

A fool and his money are easily parted. Maybe Tom should give investing a swerve, it's clearly not for him.

I would have to agree, ITV are cheap as chips, you only have to look at expected earnings. Very low p/e, I would be surprised if there is another FTSE100 company with a lower p/e than ITV. Should be trading at 150p - 160p. FTSE100 bargain IMHO.

You won't get our resident troll banging on this drum regarding our CEO.

"ITV CEO Carolyn McCall Takes 64% Pay Cut During Covid Crisis; UK Broadcaster’s BAME Representation Slides"

https://deadline.com/2021/03/itv-ceo-carolyn-mccall-pay-cut-bame-representation-1234720791/

Below Fair Value: ITV (£1.08) is trading below our estimate of fair value (£2.56)
Significantly Below Fair Value: ITV is trading below fair value by more than 20%.

PE vs Industry: ITV is good value based on its PE Ratio (11.9x) compared to the UK Media industry average (25.9x).

PE vs Market: ITV is good value based on its PE Ratio (11.9x) compared to the UK market (19.1x).

https://simplywall.st/stocks/gb/media/lse-itv/itv-shares

Signal UpdateOur system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 17/12/2021, 5 days ago, when the stock price was 106.6400. Since then ITV.L has risen by +3.81%.Market OutlookThe bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security."STAY LONG"................... 24 month price target 273phttps://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=ITV.L

SHAPERITE... "Nige; Took the plunge again today , I seriously think that ITV will achieve 1.25/1.30 possibly on results day"

SHAPERITE, it would be hard to argue against what you've said mate. Although, I can think of one none shareholder who would disagree. Yes considering when ITV announced Q3 results the share price shot up to 127p, with ITV expected to report record full year results. Today ITV volume of shares traded was almost 24 million, with the average being 10 million. Looks like the smart money bargain hunters are moving in. Who can blame them? Reduced debt with a low p/e and expected dividend to resume at 5p per year, and growing going forward.

Reading between the lines as I haven't read what our resident clown has said as I have him filtered. All CEO's are awarded free shares, and most if not all sell part of their free shares to pay their tax. So nothing new there. Just remember our troll will stoop to any level to blame Dame Carolyn for his own investment decisions. I would advise everyone to filter him, he brings nothing to the party, he's a bitter ex ITV shareholder who bailed out at 80p, his loss.

Look away now troll. LOL

"a startling recovery has brought the broadcaster more advertising income than at any time in its 66-year history"

Volume picking up nicely, maybe, just maybe Goldfinger over on the ADVFN boards contact may be proved right. What do they say, follow the volume, follow the takeover bid. Lol

SHAPERITE, you summed him up perfectly.

For anyone interested in investing in ITV do your own research, don't listen to any comments on this thread. Start by reading the Q3 results below. Does this look like a company going bust? What a tool...

"Continued strong financial performance for the nine months to 30 September

Total external revenue was up 28% at £2,381 million (2020: £1,860 million) and up 8% compared to 2019

Total ITV Studios revenue was up 32% at £1,193 million (2020: £905 million) and up 6% compared to 2019[1]

M&E revenue was up 26% at £1,594 million (2020: £1,267 million), with total advertising revenue (TAR) up 30% within which total AVOD revenue was up 54%. Total M&E revenue was up 9% compared to 20191 and TAR was up 8% compared to 2019"

https://www.lse.co.uk/rns/ITV/itv-plc-q3-trading-update-jlzfco2uv25dpmr.html

If Deutsche Telekom were to increase their BT shareholding that would put the cat amongst the pigeons. Unlikely, but I wouldn't rule it out just yet.

This makes a mockery of doing your own research. What's the point?

So Drahi is playing the long game... Another 6 months lockout.... The wait goes on.

14 December 2021



Altice UK S.à r.l ("Altice UK")

Statement regarding BT Group plc ("BT" or "the Company")

Altice UK - a company established and wholly owned by Patrick Drahi - announces today that it has acquired a further 585,476,188 shares in BT, increasing its ownership to 1,785,476,188 shares, which represents 18.0% of BT's issued share capital.

Altice UK has restated its position to the Board of BT that it does not intend to make an Offer for BT and will be bound by that statement for the purposes of Rule 2.8 of the UK's Takeover Code.

Patrick Drahi has stated:

"We are pleased to take this opportunity to increase our shareholding in BT. Over recent months we have engaged constructively with the Board and Management of BT and look forward to continuing that dialogue. We continue to hold them in high regard and remain fully supportive of their strategy, principally to play the pivotal role in delivering the expansion of access to a full fibre broadband network; an investment programme which is so important to both BT and to the UK."

I would hazard a guess that Drahi will have benefited from any large (331 million shares) distressed seller. All that we need now is confirmation with a RNS announcement.

https://simplywall.st/stocks/gb/media/lse-itv/itv-shares/news/is-now-an-opportune-moment-to-examine-itv-plc-lonitv

BT does have an active imagination, bless him. Lol

Davielad..... "I would also suggest that you try a bit harder not to upset anyone in Glasgow the way you do on here lol"

Yes, he will be finding out what the Glasgow kiss is all about. Lol

Notakin... "NigeCo and all those of you pining for the sale of Openreach. You are going to be sorely disappointed."

Not at all, I'm happy to hold my BT holding for as long as it takes for the market to value BT at the valuation I think it's worth. So you're wrong in thinking that I will be disappointed. Jam today, or jam tomorrow, it really doesn't bother me one way or the other.

Alboumphoto, nothing would surprise me with that loon.

Date Broker Recommendation Old Target New Target Rating Type
10-Dec-21 Shore Capital Buy - - Reiteration
10-Dec-21 JP Morgan Cazenove Overweight 210.00 215.00 Reiteration
10-Dec-21 Citigroup Buy 170.00 170.00 Reiteration
19-Nov-21 Berenberg Bank Hold 109.00 128.00 Reiteration
11-Nov-21 Barclays Equal-weight 125.00 140.00 Reiteration
10-Nov-21 Shore Capital Buy - - Reiteration
01-Nov-21 Deutsche Buy 128.00 130.00 Reiteration
22-Oct-21 Shore Capital Buy - - Reiteration
19-Oct-21 Deutsche Buy - - Reiteration