Member Info for NigeCo

Guessworx, my guess is that you're hurting from todays IAG 5.5% decline?

5eights......... "Its worth just watching again the last few minutes of that interview with Dame Carolyn and Mark Read at WPP (see ITV website if you haven't watched it) and Dame Carolyn states that the team at ITV are overly excited with regards to the rebound in TV advertising whilst smiling like like a Cheshire Cat !!"

I enclose the link below to the 32 minutes referred video for anyone who may have missed it previously. Enjoy...

https://www.itvmedia.co.uk/itv-backing-business/a-transformational-qa-featuring-dame-carolyn-mccall-ceo-itv-plc-and-mark-read-ceo-led-by-itv-news-nina-hossain

https://www.fool.co.uk/2021/10/16/the-ftse-100-soars-to-19-month-peaks-2-cheap-footsie-shares-id-buy-today/

I'm not sure that I would agree with the fool regarding "I expect the broadcaster’s profits to soar thanks to heavy ongoing investment in video-on-demand and programme production." But always happy to be proved wrong. However, I would agree regarding the p/e that ITV are a bargain at 104p.

Fleccy, do you think that the market is trying to make BT look more attractive to a predator by manipulating the share price down to ridiculous levels?

Drahi may well be rubbing his hands at this fall in the BT share price, was this part of his plan? Yes he is currently sat on a large paper loss having purchased his 12.1% at 181p. Will he already have options lined up to increase his holding further come December? I must admit that I'm surprised to see the share price down at 139p considering the market knows that BT have a multi billionaire sniffing around. Will the share price head up to 200p plus again if he tops up his holding further come December?

Wise words BielsaBall, thanks.

"For the whole ITV group adjusted EBITDA was £573m, which on 16X EBITDA would give it an implied valuation of £9.17bn, yet the current value of ITV is £5.3bn. In the race for content, we believe ITV does present a compelling takeover opportunity based on the current valuation. Of course, there are no guarantees and ITV could suffer a further downturn, but it is certainly a company that we will be keeping a close eye on."

Based on the above valuation the whole of ITV would be valued at 227.82p per share. Not including net debt.

Well worth another read of this July article to remind us of the qualities ITV have.

https://www.yorkshirepost.co.uk/business/in-a-land-where-content-is-king-all-eyes-are-on-the-future-of-itv-studios-3306941

"This is all Nige can do now. Rubbish other posters who have shown better judgement over the past 12 months."

Not at all, I gave you a second chance Tom, but I've come to the conclusion, how many second chances can you give someone? You will never change. Your intentions are to cause trouble as usual. I will not be replying to you again. We will see how long you last before you're banned yet again. Give a fool enough rope and he will duly oblige.

With respect Tom, something that you lack most of the time judging by your past comments and last rant a few months ago when you were banned yet again. No poster would have taken you seriously after reading a post from someone on here who claimed to personally know you and your family, who claimed that you had blown your family inheritance on the stock market, and advised other board members not to respond to your post's, and that you had mental health problems. Also that you were now living in a rented bedsit. Something that you never denied Tom. I truly hope that you got the help that you clearly needed.

"Nige, investing is not for the cautious" I would have to disagree, a fool and his money are easily parted springs to mind.

Tom, I don't take any tips from any poster on any discussion board, to do so would most likely lead to one going bankrupt. Yes I've already admitted that you were right on this occasion. I would quit while your ahead Tom. I've invested in the stock market for 37 years, so I must be doing something right because I'm way in front Tom, not that I'm one to blow my own trumpet or anything, unlike some Tom.

3card... "Nige. Back in at last with a modest 5k at 103p yesterday. Missed the 102p but I reckon (hope) they have bottomed out now. Re-entry limited by available funds but may top up later if still low and funds allow."

Welcome back on board 3card, I hope that you made a wise decision.

Bournemouth Tom... "Hey Nige, this time last year you were advised to drop ITV and put your money into oil and gas recovery. If you had followed that advice your ITV shares invested in a booming energy market would now be at over the £1.70 you purchased them for, with dividends and likelihood of windfall payments and higher prices on the horizon.
Would you concede that your advice to the board to "Hold ITV" was badly misjudged? You are still beating the Liberty bid message but that has failed to materialise in the 5 years that you have held."

Bournemouth Tom, or should that be Tom London? Yes isn't hindsight a wonderful thing. I could have switched taking a sizable loss and may well have recovered my paper loss. But on the other hand Tom I could have switched and things could have gone against me even further, in other words I would have been chasing my losses, which in my opinion is a recipe for disaster.

Agreed Fleccy, until you press the sell button the potential gain/loss is only that, a potential.

https://www.investomania.co.uk/will-itv-share-price-ever-return-five-year-high/

https://www.proactiveinvestors.co.uk/companies/news/963064/bt-why-the-share-price-revival-may-be-about-to-unwind-a-leading-bank-has-its-say-963064.html

"Only the worlds largest asset manager Blackrock. A quick look at the RNS tab above would have told you that on August 10th they purchase 5% of ITV when the share price was 115p per share."

A good point, well made BielsaBall, reassuring to remember that Blackrock see value at 115p.

Ironknut, we know that you're not a fan of ITV, there is no need to keep telling us. What I fail to understand is why you would waste so much of your time on a company that you have no interest in, now or in the future? Just to add, no comment that anyone makes on this or any discussion board will affect the share price of a FTSE100 company.

Fleccy....... "The only reason I keep repeating all this, like a stuck record, is to contradict the narrative that Telecoms will always be a bad investment because of upgrade cycles."

Fleccy, I've said this before that it's reassuring to know that you have the knowledge / expertise of the telecoms industry. I will take your word on all the technical stuff. Also, knowing that you have plenty of skin in the game, as I do.

I just see value in BT and hope that one day soon the media / market narrative will change. I think that BT have the right management to take BT forward in both CEO & Chairman, both singing from the same hymn sheet.

Fleccy, let's hope that history repeats itself.