Member Info for NigeCo

"I feel she must be under pressure to boost the share price and means
selling ITV to the highest bidder if one or more start to nibble."

Well it was reported only last week that Liberty Global have ITV on their minds.
Maybe Apple also?

Who's going to make the first move? Maybe leading to a bun fight? One can dream....

My stab in the dark is 221p.

"Lets see will we get a bounce if Brexit is sorted in the coming weeks !!!"

Yes, I think a rally within the FTSE would be almost inevitable, once Brexit is sorted out.
Although, I won't hold my breath on Brexit. What a mess.

disappointing that there's no follow through with the ITV share price this morning.

126.80 GBX -0.100 (0.079%)
26 Mar, 08:14 GMT

Sadly, you've hit the nail on the head meaning.

We need Brexit out of the way, before we can move forward.

A potential predator won't find a better opportunity than now. IMHO.

Hi TomE,

There's always one.

Regards.

WARNING..........IDIOT ALERT.

Agreed Solley,

Brexit has been a complete shambles from start to finish.

David Cameron, has got a lot to answer for.

Trent700,

I would expect that Liberty would start with a low-ball offer of around 160p per share. That I think would rightly be turned down by the BOD. Liberty would then have increase their offer or walk away. A Liberty offer may well start a bun fight. Like what happened with Sky. A take out offer I guess would have to start with a 2. JMO.

https://simplywall.st/stocks/gb/telecom/lse-bt.a/bt-group-shares/news/a-closer-look-at-bt-group-plcs-lonbt-a-impressive-roe/

Dallo,

Regarding the latest takeover rumour.

“After meeting Liberty Global finance chief Charlie Bracken this week, analysts at New Street Research noted that ITV was in the thoughts of the US media giant.

Bracken "didn’t want to get people thinking they are suddenly going to buy ITV,” New Street said, but "it was hard not to leave the meeting with the view that it is being given some level of thought internally".”

If they do intend bidding for ITV I think it will be once they acquire regulatory approval for the sale of assets to Vodafone. There could be an outcome to this deal in a couple of month’s time, around May 2019. I’m expecting the ITV share price to reflect this on news of the deal.

Once approval is acquired LG would be in a very strong cash position to purchase ITV and also pay down its high debt levels. IMHO, once LG and VOD get the green light, it will be now or never regarding LG and ITV. LG won't get a better chance to buy an under-valued ITV. If they do make a move, we may see a bun fight. Interesting times ahead.

One of these times it will come true.

At least Liberty Global are thinking about ITV. Not that I'm surprised at this low valuation, bargain price.

Come on Liberty.......

https://www.sharecast.com/news/broker-recommendations/itv-climbs-on-zombie-ma-speculation--3792568.html

ITV climbs on zombie M&A speculation

ITV shares were lifted on Thursday by revived speculation that the broadcaster could be a takeover target.

After meeting Liberty Global finance chief Charlie Bracken this week, analysts at New Street Research noted that ITV was in the thoughts of the US media giant.

Bracken "didn’t want to get people thinking they are suddenly going to buy ITV,” New Street said, but "it was hard not to leave the meeting with the view that it is being given some level of thought internally".

ITV shares, having fallen not far from a five-year low below 122p in December, continued their recent rally and were up almost 3% on Thursday to 135.3p.

Rumours and speculation about a potential bid for ITV have rumbled along in a zombie-like existence for many years, with investors who follow the sector divided between fact-hardened cynics and panglossian devotees.

https://seekingalpha.com/article/4248620-nest-egg-portfolio-bt-group-cashing-7-percent-dividend-yield

OWLS "I hope the rumours are true but I've heard them so many times on this BB that I ignore them now."

HEAR,HEAR,

Solley, IMHO, ITV are up today on news of a no deal Brexit is off the table.
Although, I would love to be wrong and that there is a bid around the corner.

Houston we have lift off.

135.70 GBX +4.30 (3.27%)
14 Mar, 09:01 GMT

“I think the reason why so many people watch the soaps is because they are free, I really can't see many people paying for them.”

OWLS,

I would have to respectfully disagree. IMHO, people have grown up watching the soaps and it’s become their way of life, addictive almost. If only half of Coronation Street fans subscribed that would result in 4 million viewers paying say £20 per month, that’s almost £1 billion in revenue per year. Not to mention Eastenders, and Emmerdale. Ok most Corrie viewers will also be Eastenders and Emmerdale viewers. JMO.

Correction "we're not". Dumb spell checker.

“NigeCo, you seem to not know where great recurring revenues can be achieved.”

H-hi,

I've already told you, twice in-fact where ITV could create recurring revenues. With Coronation Street attracting 7-8 million viewers per program. Emmerdale 6-6.5 million, Eastenders 5.5-6 million. Move them exclusively on to Britbox.

Carolyn McCall is no fool, she's one smart lady. I'm sure that she knows what she's doing. After all that's why she's the CEO and where not.