Member Info for NigeCo

ITV didn't do too badly until the ADR's opened down 3%.
ITV closed down 3.05p or 2.21% Ex-dividend of 2.60p.
Bounce back tomorrow???

Anything less than down 2.60p is a bonus. IMHO.

I agree Dallo,

I have the same feeling regarding the strength I see in ITV share price. At 8am tomorrow (24th Oct) we may well see ITV drop 2.60p to account for the dividend, but I feel that now is not the time to sell, ITV look like they're going higher.

RRR,

The 6 million trade that you refer to is actually the uncrossed trade (UT) Not a buy or a sell. Just the auction closing price.

LOL,......... Don't panic Mr. Mannering............... 22 Oct, 16:35 BST 135.80 GBX -2.70 (1.95%)

"According to QuoteStream ITV goes ex-div on 23rd."

Quotestream is wrong..... ITV goes ex-dividend on the 24th Oct 2019.

https://www.hl.co.uk/shares/shares-search-results/i/itv-plc-ordinary-10p/dividends

"Could the same be true that there isn’t a que of bidders waiting for ITV? Any thoughts?"

Who knows....
What I've learned over the past 30 odd years in this game, is that bids come when you least expect them.
A potential predator may well have been picking up cheap shares in the low 100p's, They could have hedged against the pound, and waiting on confirmation of a soft Brexit, before making their move on ITV. OR I could be totally wrong and no one is interested in acquiring ITV. Who knows.....

"ITV NEXT UP?"

I can't help but think that any interested parties in ITV have missed a bargain when the share price was down at 102p. Also the very weak pound sterling, this could have been hedged so all to play for. Including share purchases at the low 100p.
I can only think that Brexit is holding things up. Once Britbox is launched within the next few months, the ITV take out price increases. IMHO.

"I'm in this because it has an excellent yield.
If it can keep its debt under control then the prospects for the future are good, but it is a constant risk."

Agreed Marcus,

I'm also invested in BT for three reasons,
1) dividend yield, although a chance that it could be cut in the future.
2) Low PE @8.5 times.
3) BT are undervalued. Bargain in my eyes.

Once Brexit is sorted out, all domestic pound sterling earning companies will fly.

https://www.fool.co.uk/investing/2019/10/19/can-the-bt-share-price-double-your-money/

So true Gerry.

Xxdodgerxx,

You're on the wrong discussion board.
This is the Stobart Group (STOB) board, you require the Eddie Stobart Logistics (ESL) board.

"ITV set for further gains in the coming weeks imho"

That's music to my ears Dallo.

TVFB (3) Limited ("TVFB"), a company controlled by Andrew Tinkler

Update on discussions with TVFB

The Board of Eddie Stobart confirms that, on 9 October 2019, it received a highly preliminary, conditional proposal from TVFB to participate in a refinancing of the Company through an equity participation. Discussions between the Company and TVFB are continuing regarding this equity proposal.

The Company confirms that it has not received any proposal (further to the highly preliminary expression of interest on 18 September 2019) from TVFB regarding a possible offer for the Company. Accordingly, TVFB has confirmed to the Company that it has no intention of making an offer for the Company (the "No Intention to Bid Statement").

The No Intention to Bid Statement is a statement to which Rule 2.8 of the Takeover Code (the "Code") applies and has been made with the consent of TVFB.

Yes by 5PM today.

Hi Dallo,
Yes I agree with all of that.
Good volume of shares traded today at 25 million.
I have a 12 month price target of 180p... So we are both in the same ballpark there. Depending on Brexit of cause.
Yes, next year ITV are expected to return to growth, with a lot of positives going forward.

"I really think there is something happening now Nigel there is certainly going to be some action in TV production over the pond ,things could get very interesting ."

Hi Solley, I hope that you're right mate. Us long suffering ITV shareholders deserve some good news.
IMHO, it is more than likely down to Brexit end game in sights. Will this spark a potential ITV predator into action? I hope so. Once Britbox is launched the ITV valuation goes up in my opinion. Interesting times ahead. Any views Dallo?

15 Oct, 15:50 134.10 GBX +5.85 (4.56%)

https://simplywall.st/stocks/gb/media/lse-itv/itv-shares/news/itv-plc-lonitv-earns-a-nice-return-on-capital-employed/

"Big question is can BT break its 200 daily Exponential Moving Average? If yes, target is 210 then 230"

Has Velo got the answer? I'm looking forward to the release of the H1 results on 31 Oct.