Member Info for NigeCo

13,424 million buy trade @64.4136p. No doubt's who behind this trade.

Could this lead to a bid???? Who knows, I'm glad that I'm not out.

I couldn't agree more Alex, ITV are a sitting duck, and will go to the highest bidder, just like SKY did.

‘The Brits are on track to save the world’

Once we get a vaccine, we will then watch under performing shares like BT rally.

"It pops up every now and then, it’s not worth countering the opinions of it."

"ThJones posts are funny to read, he just talks gibberish and makes stuff up."

Agreed guys, there is a ThJones on most under performing share threads. What is it with these people? They should get a life. If they have no interest in BT why do they waste their time? Apart from trying to look good. We will be rid of the likes, once the share price starts it's recovery.

I don't see ITV being in need to raise capital, profits are expected to be down about 30%, but still making a good profit. Plus next year ITV should see a bounce in profits with the football Euro's next summer.

"The plot thickens"

It certainly does, if Liberty have off loaded their official 9.9%? Who's has purchased them?

Interesting times to continue holding. We may wake up one morning to a bid, but I won't hold my breath on that. One can dream.

"And forgot to add, still no RNS from Capital with regards to their disposal of their remaining stake in ITV."

5eights, after reading the recent MF article that claims that Capital has reduced it's ITV shareholding from 9.99% down to 4.91%. So I'm not sure that Capital have disposed of all it's holding. MF article enclosed below.

"Secondly, one institutional investor has recently offloaded a significant number of ITV shares. According to regulatory filings, The Capital Group has recently dumped around 205m shares. This selling activity reduced the investment management group’s stake in ITV from 9.99% to 4.91% as of 15 July."

https://www.fool.co.uk/investing/2020/07/22/why-is-itvs-share-price-falling/

Just to remind you guys, 12 months ago Liberty Global sold European cable assets to Vodafone. (see below)

"European wireless giant Vodafone Group has completed its $21.3 billion acquisition of Liberty Global’s cable systems in Germany, Hungary, Romania and the Czech Republic, boosting its pay TV business.

Liberty Global on Wednesday confirmed the transaction that will net John Malone's media company around $11.3 billion in proceeds."

https://www.hollywoodreporter.com/news/vodafone-closes-213-billion-liberty-global-deal-1227891#:~:text=European%20wireless%20giant%20Vodafone%20Group,boosting%20its%20pay%20TV%20business.

"The Liberty options trade is a way of increasing exposure to the upside of Liberty shares with minimal outlay (payment is on margin) and obviously there is someone out there that is thinking along these sort of lines, hmmmmm I wonder whom that could be??"

5eights, Do you think that the end game is in sight?

With the very undervalued ITV share price on it's knees, there surly is no time like the present?

Fleccy..... "That article is full of inconsistences and is out of date. In one paragraph it refers to Openreach as "Openreach also denied such rumours as CEO Clive Selley noting that the mobile infrastructure giant is “staying in the BT group”"
Also the share price is up today."

I also thought that maybe the article was out of date, but the article does in fact state today's date. Yes the share price is up, but was down earlier. Anyway, I also don't believe that BT have any intentions of selling a stake in Openreach, this I think is the right thing to do. BT have no need to sell, to raise cash.

https://www.asktraders.com/analysis/bt-share-price-slides-on-rumours-it-is-selling-a-stake-in-openreach/

Fleccy.... "I'm a BT bull, but i don't see the price going higher until the big players decide to allow it too, possibly when they consider that a critical mass of retail shareholders have capitulated and bailed out. Personally i'll wait as long as it takes, but many wont."

I'm of the same opinion, I'm in BT either until I die, or until I make a decent profit. I don't ever need to sell, so I have time on my side probably 20 years, if I'm lucky. I'm sure we all agree that BT are way under valued. Without BT the country would be at a standstill. It's about time the market realised this, and re-rated BT.

Heallywood, yes I'm also switching providers, I only need the bog standard broadband at £18:99p with £70 cashback, total £15.11p per month for 18 months. I don't need fibre, so I'm happy with that price.

I'm just in the process of switching my home phone & broadband to Plusnet. Every little helps.

https://news.sky.com/story/huawei-blocked-tech-must-be-stripped-from-uks-5g-network-by-2027-12028177#:~:text=Boris%20Johnson%20has%20ordered%20all,UK's%205G%20network%20by%202027.&text=Mr%20Johnson%20and%20senior%20ministers,Downing%20Street%20on%20Tuesday%20morning.

Fleccy ........."I would expect that the current upgrade cycles to 5G and FTTP will be the last generational upgrade for the next hundred years, as i can't see where they can upgrade after this. On the 5G side, they can add more cells and possibly more wavelengths, but 5G has enough built in capacity to deal with any mobile scenario. 6G is just an extension of 5G and will be for crowded venues, like stadiums, shopping centres and train stations. FTTP allows Terrabit bandwidths, so no clear upgrade path to replace Fibre using our current knowledge of Physics."

So from from what you say Fleccy, and I have no reason to doubt you. Once 5G and the Fibre build is complete, BT should start and return to being a cash cow once again? That should lead to a recovery in the depressed share price. Fingers crossed.

Excellent work Velo, as always, thank you for your contribution that I'm sure is appreciated by most, if not by all.

Toff..... "If you go back to when BT was £3 the tune was exactly the same as it is now - BT is incredibly cheap - no brainer - bla bla bla And it’s basically the same morons who bought in at £4 or £5 who are trying to drag others into their catastrophic investment."

Forgive me if I'm wrong Toff, are you including yourself in that category of purchasing BT a lot higher than the current share price, only to bailout around 135p ? If so you also must have thought that BT were good value at your purchase price? It's an easy game in hindsight Toff.

nice one, all pointing to growth.

BOO..... "avoid some scaremongering morons in ere as i said before.
it doesnt rise as much as ftse 100. long term WINNNNNNER
easily 5 quid in 5 years."

I like your optimism BOO, I would be happy with a share price of 300p within 5 years. Sentiment towards BT at some point will change. The patient BT investor will be handsomely rewarded.

Toff.... "One hundred horses And the BT nag came in last"

Not exactly Toff, BT were beaten to the post by Carnival who were down 1.94% BT down 1.66%.