Member Info for NigeCo

"He needs to get out more and see closed businesses out people without work"

Do you not know that we're in a lockdown? I'm well aware of the above, I'm just reporting what the experts are predicting regarding the economy this year. I would take their opinion than a random on a discussion board, who let's face it has been 99% wrong since he appeared on this thread in August 2020.

The economy is expected to grow by 4% this year.

Yes I also agree with you Carrington, now that Brexit agreement is done and to date now 3 vaccines will get to work on the dreadful virus that should be under control by first quarter of 2021. I can see a big shift into domestic UK shares, this should bode well for undervalued shares like ITV. My price target is 160p for this year, I think that this could be achieved by end of June. I'm with you regarding a re-rating is to be expected. If there are any companies interested in acquiring ITV they had better get a move on because the longer they wait, the more expensive ITV will become. Either way the share price will recover to at least 152p the pre Covid share price.

Far more content than NetFlop and far better value at BritBox. Cheaper too, what's not to like.

https://www.bbc.co.uk/news/technology-55563970

Irish bookmaker Paddy Power has been announced as the new headline sponsor of ITV Racing, beginning on 1 January 2021.

https://www.sbcnews.co.uk/sportsbook/2021/01/04/paddy-power-becomes-headline-sponsor-of-itv-racing/

Irish bookmaker Paddy Power has been announced as the new headline sponsor of ITV Racing, beginning on 1 January 2021.

https://www.sbcnews.co.uk/sportsbook/2021/01/04/paddy-power-becomes-headline-sponsor-of-itv-racing/

TomTit,

You panic sold ITV at 82p claiming that the share price was dooomed, you failed to listen to your own voice and buy back at 50p, you missed the chance of a lifetime to more than double your money, quite possibly treble it if you had only acted. We can all see that you're in pain with the ITV boat that you missed. Are go going to now admit defeat? That ITV won't be revisiting 50p again? More chance of seeing 150p this year than your pipedream of 50p. Just imagine TomTit, that's another MILLION you've missed out on. Thanks for the laughs today, you do brighten up my day with your hilarious jokes.

https://www.stockopedia.com/articles/two-reasons-why-the-market-might-be-missing-a-trick-with-bt-168974/

https://www.investingcube.com/bt-share-price-has-a-15-upside-to-152p-chart/

EmmJane............"By making that crucial 4th attack on 139/141 area if breaks we going to 150/160 soon"

I hope that you're right Emm, you're usually on the money. I agree, if BT can close above 140p I will be pleased and very hopeful of a breakout into a new trading range. I'm sure Velo will update us on his opinion if BT achieve this breakout, and future price targets.

Tom, the only thing holding back the amount of vaccinations is that they need to be checked and passed before they can be administered, this procedure can take 7 days. this is no ones fault, things have to be done right, no corners can be cut when peoples lives are at risk. So you blaming the government is wrong. Anyone would think that you have an axe to grind.

"Have you been on the Occur vaccine estimator? I'm 52 and its saying my vaccine should happen in December. They need to pull their collective fingers out."

Radiogent, the vaccination calculator is based on 1 million vaccinations per week. The government is targeting 2 million per week by the middle of this month, so I think that the calculation is pointless. I personally think that you, and all 50 year olds will have received the vaccination before May is out.

The global economy will rebound by 4 per cent this year if a coronavirus vaccine is rolled out successfully, according to the World Bank.

After collapsing by 4.3 per cent last year, GDP should rise sharply thanks to a strong recovery in China, which is expected to expand by 7.9 per cent after growing by 2 per cent last year.

The United States is likely to expand by 3.5 per cent, while the euro area is forecast to grow by 3.6 per cent this year. The report did not include forecasts specific to Britain.

Although the global economy should return to growth, the World Bank warned that recovery would be subdued. The 4 per cent growth rate pencilled in for this year is down from…

https://www.thetimes.co.uk/edition/business/world-bank-economy-rebound-reliant-on-rollout-of-covid-19-vaccine-3j6rz9t89

https://www.stockopedia.com/articles/itv-passes-this-3-point-stock-market-strategy-168989/

The chart (link enclosed) shows that ITV are the 100th largest company, this calculation was dated 23 Dec 2020, so things may have changed. However, I'm expecting ITV to reclaim it's place back at the big table at the next reshuffle in March.

http://www.stockchallenge.co.uk/ftse.php

The government is targeting 31 million people to be vaccinated by the end of March, I would think that at this stage the vaccine will be under control. Last tree shake by the market, last chance for the village idiot TomTit to close his ITV short before the inevitable share price recovery.

TomTit........ "Don't be a Nigel and throw away your money on old media that people no longer want to pay for."

Don't do a TomTit who sold his ITV shareholding at 82p taking a very big loss, he then went short chasing his losses and lost out big time as the share price recovered to 109p. Don't listen to this idiot who has bet the farm on his lack of knowledge.

TomTit has blighted this board since August 2020 with his almost 400 post's that are all negative ITV. He's bee chasing his losses ever since. A fool (TomTit) and his money are soon parted. He will carry on trying to talk the share price down, but he fails to realise that any comment on a discussion board won't make any difference to the ITV share price. He's just wasting his time, but fun watching it play out. The trend is your friend, and the trend is up. 2021 will be a good recovery year for ITV 160p my price target. Happy days ahead guys, keep the faith.

Private equity companies rumoured to be looking at undervalued ITV, they are looking for a reason, and that reason is they see value in ITV. If a bid of 160p was achieved they would be getting a bargain. Most probably closer to 200p would be my stab in the dark take out price. happy to hold on for the ride north. Keep scrambling TomTit.

If or when ITV receive a takeover bid I would pay good money to see TomTits face, it would be a picture. I'm sure he would be delighted for all ITV shareholders. Lol

You will see that I never addressed my comment to him, but if the cap fits, he can wear it.