Member Info for NigeCo

Thanks for taking the time to update us Velo, much appreciated as always. Cheers.

Dave..... "My prediction over the next few years is tom will get very frustrated with the diluted dividends at shell, possible further SP drop and no doubt come back on here and take it out on us lot.... again."

Hi Dave, I suspect that Tom's heart is still with ITV after he claims to have made a loss selling out at 80p, he says that he would buy back at 50p. No amount of bad mothing will move the ITV share price on a public discussion board. He wouldn't have lost a penny had he not sold out in the first place. Chasing your losses in Shell in hope of repurchasing ITV at a lower price is wishful thinking in my opinion.

19 August 2020 TomLondon.............. "Compare ITVs recovery to other solid ftse 100 companies and you are betting on a donkey in a race of thoroughbreds. Shell will go £11-£16 by Christmas when ITV will still be below 70p. Once I make money on big oil I will return for the slow increase in last century's media."

Tom would be better off spending his spare time researching a share that he owns than a share that he lost money in.
"Shell £16 by Christmas." Good luck with that one. Current share price 930.65p. ITV have a better chance of seeing 100p than Shell £16.

Trupcard....... "Of course a bid is coming it's bloody obvious and 120 will be a joke the studio business as a stand alone is worth that back cat and BritBox price 230 min or the board will reject"

You may recall guys a report earlier this year regarding bid speculation, the report claimed that analysts have said that at less than 192p a share, there would be asset strippers or a management buyout, in other words a bidding war. Management know the true value of the assets and if true are prepared to bid themselves in needs be. Disregard the current bombed out share price caused by the pandemic. The ITV assets are worth a hell of a lot more than the current valuation. I believe that the studio's business alone is worth 100p per share. JMO of cause, DYOR.

5eights, you may well be proved right regarding GS, I also have my suspicions that they're acting on behalf of a possible acquirer. Maybe one day things will reveal themselves.

5eights could it be that Liberty's ITV shareholding is held in GS name?

"it irritates the hell out of me me how our education standards have dropped"

Agreed Threeputt, from a poster who claims to work in the office? Maybe he's a cleaner. Lol

Fleccy......... "The pension deficit should be low in theory. In the results, released at the end of March, the deficit had dropped to around £1.1 Billion. Since the liabilities are measured, taking into account the yield on the Bond holdings and since BTPS held a lot of Bonds going into the pandemic, BT's Pension Deficit shouldn't be that bad. Either way, I don't see the deficit being horrendous."

Not forgetting that BT will have paid in a contribution of £400 million by 30/6/2020.

Could the market be trying to flush out a bid for BT with such a low share price?

P/E of only 5.62
Market Cap £9.70B

I would be interested in anyone who can justify this low valuation, I'm truly lost for words to explain it.

BT tells ministers it cannot complete an upgrade of Britain's broadband network before 2033 without tax breaks and a bonfire of red tape

https://www.thisismoney.co.uk/money/markets/article-8781945/BT-miss-broadband-target-company-tells-ministers.html

Agreed Solley, once we get through this pandemic and Brixit, I'm confident that ITV earnings and share price will recover. Patience is key.

https://www.proactiveinvestors.co.uk/companies/news/930114/the-market-s-got-it-wrong-about-bt-profits-says-credit-suisse-930114.html

Tom's desperate to see the ITV share price at 50p to justify his selling at 80p, so that he can jump back on board. Posters that waste their time trying to talk the share price down pushing their own agenda, it makes no difference to the share price what anyone says on this thread.

Fleccy............ "My personal view, is that we'll see a rerun of the chart following the 2008/9 financial crisis, whether £5 is retested remains to be seen."

I agree, £3 will do me, that's not to say £5 won't be achievable, but I'm pretty confident that we will see a share price of £3 again.

YLYL............"BT appears to be heavily reliant on governement subsidy for their FTTP role out plan at a time when the government has an awful lot of priorities with their money. Saying that, I do think the government will invest in the FTTP rollout but will want a hefty return on their investment. It will be done on their terms as BT need the cash and they won't have a choice to go it alone."

From my understanding the government have already pledged £5B towards FTTP for rural areas. I think that it will be BT that will want reassurances from the government regarding the return that BT will demand for x amount of years going forward. JMO.

Fleccy...... "but why didn't it follow Lloy and Vod up at the open, to my mind it should have"

LLoy got a buy recommendation in The Times today.

https://www.thetimes.co.uk/edition/business/dont-bank-on-it-but-this-looks-cheap-6kshq73p9

https://www.fool.co.uk/investing/2020/09/24/debt-might-be-killing-the-bt-share-price-but-heres-why-id-buy/

ALEX BRUMMER: BT should be buzzing but shares are in the doldrums... the board must shape up and seize this moment

https://www.thisismoney.co.uk/money/comment/article-8765299/ALEX-BRUMMER-BT-buzzing-shares-doldrums.html

https://www.fool.co.uk/investing/2020/09/23/will-bts-share-price-ever-go-back-up-to-200p/

Ooops, my apologies Zico, I should have addressed to Waynesplash.