RE: Overlooked ITV trades at a 42% disc15 Feb 2019 12:44
Solley,
while I agree anything is possible regarding the uncertainties around Brexit. I don’t see the ITV share price going much lower. In my opinion they're undervalued and without Brexit would be trading a lot higher than current share price of 133p.
I’m not expecting any surprises with the full year results on 27 Feb that should help with the SP recovery. Once Brexit is sorted out I’m hopeful that we will see a recovery in the SP, along with the FTSE recovery.
Regarding the Liberty sale of European assets to Vodafone, once approved hopefully around May 2019. Liberty may make a move on ITV, or pay off its debts. I’m happy to play the waiting game for the SP recovery, or a takeover offer.