Member Info for NigeCo

Yes with BT’s Market Cap being half what it was only 3 years ago, this must be tempting to any potential predator.

Only Goldman Sachs knows where the bottom is.

At last, it appears that the bottom has been reached after weeks of painful slides.

I hope you're right Dallo.

I agree once Brexit is sorted out, these shares and many other company's shares will be re-rated, sometime in 2019. I think that we are in for one hell of a rally in 2019. JMO.

Agreed Dallo, and with our CEO’s badly timed cashing in some of her free shares isn’t helping with confidence in the market. With a valuation of just over £5B ITV look vulnerable to a takeover bid, although I said the same thing at £6B.

https://www.fool.co.uk/investing/2018/12/19/the-itv-share-price-is-in-freefall-heres-why-id-buy-the-ftse-100-stock-today/

The ITV share price is in freefall! Here’s why I’d buy the FTSE 100 stock today

In the last six months the ITV (LSE: ITV) share price has fallen by around 28%. During that time, it has shown little, if any, sign of mounting a successful comeback. And with the prospects for the UK economy being relatively uncertain, the outlook for the media stock could prove to be challenging.

Of course, this could present a buying opportunity for long-term investors. The company appears to offer a wide margin of safety and improving prospects. Therefore, it could be worth buying alongside another relatively cheap stock which released a trading update on Wednesday.

Turnaround potential

As mentioned, the recent performance of the ITV share price has been hugely disappointing. The company is facing a period of reduced confidence among businesses and consumers, with Brexit seemingly a major cause. With the process of leaving the EU likely to remain headline news over the next few months, the company’s shares could even come under further pressure as investors factor in potential challenges over the medium term.

However, for investors who are seeking to buy high-quality companies at low prices, ITV could be a worthwhile opportunity. The business has a strong position within its key markets, and appears to have growth potential through its Studios segment, as well as in the digital arena. Although its strategy is still somewhat unclear, its management team is set to refresh its growth plans following a period of strong operational, but not necessarily financial, performance.

After its share price decline, the stock has a P/E ratio of 8.5. While there is scope for this to move lower, it could be argued that the market has already priced in the difficulties it may face over the short run. Therefore, from a long-term perspective, it could be a worthwhile investing opportunity in my opinion.

5eightsaccount "Lets have any crack at it today please"

You spoke too soon mate.

Hi Solley,

Agreed she sold shares to pay the taxman, a good reason I suppose.

With a share price of 130p ITV have a Market Cap of £5.2 billion, this looks far too cheap to me, and I guess the same can be said for a lot of company’s at the moment.

The sooner Brexit is sorted out the better. At least then the market can look forward. Stock markets hate uncertainty.

Solley “No I am afraid you have got it wrong there Nige Caroline has been presented with shares as part agreed payment for her losing out on share bonuses from her previous post however there has been a large sale of four million pounds worth at close”

Solley, I am aware that our CEO has been presented with shares as part of an agreement. However, she has still sold some of the free shares, that’s not a good sign. IMHO.

I’m afraid that you are mistaken Solley, regarding the large sale that you refer to, its an uncrossed trade UT. NOT a buy or sale, a combination of buys and sales that goes on every day within the auction period. So nothing to be worried about. Hope that helps. GL.

We’ve smashed through it alright, the wrong way. SP at 127.60p. The pain goes on.

I notice that our CEO Carolyn McCall has sold 75,391 shares. I understand that its because of tax reasons. However, its not a good sign.

Step forward Mr Malone….

Another strong finish to the ITV share price today, just like on Friday, to close up 0.15p on the day. With the FTSE 100 down 72pts on the day.

After reading a recent article by Mathew Lynn (link enclosed below) Lynn advises that now is the time to buy shares at bargain prices, that a Brexit agreement could well be a catalyst to a recovery in UK share price. I hope that he is right.

Britain is in the bargain basement and now is the time to buy

https://www.telegraph.co.uk/business/2018/12/10/uk-bargain-basement-now-time-buy/

I agree Solley, share price recovered well from this morning.

squeaky-bum time.

The patient investor will be handsomely rewarded. IMHO.

Thanks Smartie2.

GL.

Nokesa "Today we are now faced with a no confidence vote, which although looks will go in TMs favour, could still change which will change the direction of this share again. I'm not gambling just playing it smart, unlike yourself and many on here who are 20% plus down. Who is the fool, me or you. I'm cash rich and can react. Can you?"

Nokesa, I maybe wrong, but from your post’s I think that you’re a newcomer to investing / trading? I have over 34 years experience, and wouldn’t be still in this game if, as you suggested that I was a fool. Nor do I need to react to market daily movements because I'm a long-term investor, not a trader.

If making £1,300 profit, invested in 3 company’s shares pleases you good luck to you. I’m guessing that you are on a low-budget?

Investing gives us a very comfortable lifestyle, also paying for 4 or 5 foreign holidays per year. I will stick to what I know, (investing). And leave trading to the tea leaf experts. Lol

Nokesa “Really glad that I got out of all UK stocks once again yesterday afternoon. £1.3k profit for less than 24hours investment was pretty good.”

Your trade doesn’t look so good now Nokesa? With the ITV share price at 131.90p +3.00p (at the time of writing). Not so cleaver after all. You change your mind like the weather. You will never second guess the market. You are a gambler not an investor.

Nokesa, “Will now hold off for a further fall. Anyone think 110p - 115p looks achievable?”

Good luck with that one. You run the risk of missing out on the ITV share price recovery. You will very rarely not call the bottom of the market.

Britain is in the bargain basement and now is the time to buy

https://www.telegraph.co.uk/business/2018/12/10/uk-bargain-basement-now-time-buy/

Vodafone, Liberty confident as EU opens full deal review

•The European Union opened a full investigation of the $21.8B asset deal between Liberty Global (LBTYA -2%) and Vodafone (VOD +0.5%), saying Vodafone's purchases could damage competition in Germany and the Czech Republic.

•The deal is set to let Vodafone take a tougher fight to Telefonica Deutschland (TEF -0.1%) and Deutsche Telekom (OTCQX:DTEGY).

•But the arrangement could shut some rivals out in the Czech market, the EC says, while Germany could see not only less competition in retail fixed telecom and retail TV, but the deal could also give the merged firm more power as a broadcaster and cut network investment.

•Meanwhile, both Liberty Global and Vodafone see the deal tracking toward approval by the middle of 2019.

•The EC saw no issues in Romania and Hungary, and plans to decide on the deal by May 2 (which could be extended if Vodafone offers concessions).

Buys 31,000 shares.

With a share price at 126p, ITV has a P/E of 8.3, and a dividend yield of 6.3%. ITV are too cheap IMHO, and look vulnerable to a takeover bid.