Member Info for NigeCo

"Weak management, some have said clueless is also a factor and I personally think that their time at the company will soon be at an end, leaving ITV very vulnerable."

I'm not sure that I would agree regarding our CEO Carolyn McCall's time coming to an end? She has only been in the job 11 months.

“So at £2.75 a share and at $1.50 exchange rate with 4 billion odd shares in issue, at one time ITV was valued at $16.5billion”

5eightsaccount,

Are you back on board ITV?

Today’s valuation of ITV at 133p per share is £5,353 Billion.
IMHO, ITV studios alone are worth more than this figure.

Swell2316,

I would agree with you, as I’ve previously said the same thing, regarding Liberty bidding for ITV. Liberty IMHO will first acquire regulatory approval for the sale of assets to Vodafone, (expected to be around May 2019) before they would be interested in making a move on ITV. If Liberty doesn’t make a move then, they never will. JMO.

this stock is on forward yield of 6% and a pe ratio of 9

ITV has pe ratio of 9, dividend yield of 6%. ITV is cheap.

"does anyone believe I should reduce further to 110p?"

You should wait for 50p.

This series of I'm a Celebrity is unquestionably divisive and endlessly controversial… but it's also been a massive success for ITV when it comes to the ratings.

The channel already got good news when Holly Willoughby's debut as co-host alongside Dec Donnelly on November 18 actually improved on last year's series premiere, and now there's news that the viewing figures have only continued to grow.

ITV says that I'm a Celebrity averaged a whopping 12.6 million viewers across its entire first week last month, which is up a solid 1.8 million viewers on the 2017 series.

If May’s deal gets a no vote, there looks like there may be no Brexit at all. This would give a massive boost to the ITV share price.

Share price back to 140p, up 2.5%. A long way from Nokesa's 90p target, that won’t happen.

OWLS,

There is a NOKESA on every discussion board, wanting a reaction.

Agreed Dallo.

ITV down 13.70p in the last 3 trading days. WOW.

Predator ready to pounce anyone...........?

Just looked up ITV share price, its down 18p in just over a month. It's getting ridiculous now, down on no company news. Anybody would think that there had been a profits warning. The sooner this Brexit crap is sorted out the better.

Goldman Sachs has got off the fence and upgraded telecoms giant BT Group PLC (LON:BT.) to ‘buy’, with a 320p price target (up from 240p), prompting market makers to mark up BT’s share price 2.3% to 262.5p.

"Surely is it not better to be out and buyback in later once the turmoil is over?"

I stopped trying to second-guess what the market would do next, 20 years ago. There is only one winner doing this.

But industry sources played down ITV's interest in STV, suggesting it plays no part in the broadcaster's immediate plans after new chief executive Carolyn McCall set out her strategic ambitions for the business earlier this year.

https://www.dailymail.co.uk/money/news/article-6450337/Largest-shareholder-STV-slaps-200m-price-tag-company-amid-takeover-rumours.html

•Deutsche Telekom wanted to see the review done in Germany, but if the EC takes it over and takes a broader perspective, that could benefit Vodafone in the deal.

Good news.

•Vodafone's (VOD +0.7%) proposed $21.8B acquisition of Liberty Global (LBTYA -0.2%) assets in Germany and Eastern Europe is headed for a full EU antitrust probe, Reuters reports.

•That comes amid a hard-to-figure stance from the European Commission, which had taken a hard line against consolidation deals before an uncommon approval granted to the merger of Dutch operations between Deutsche Telekom and Tele2.

•Vodafone's Liberty deal would let it take a tougher fight to Telefonica Deutschland (TEF +0.5%) and Deutsche Telekom (DTEGY -0.3%) in the latter's German home market. And with adding assets in Czech Republic, Hungary and Romania, the deal would make Vodafone Europe's biggest provider of broadband, cable and mobile services.

•Deutsche Telekom wanted to see the review done in Germany, but if the EC takes it over and takes a broader perspective, that could benefit Vodafone in the deal.

“Didn't imagine breaking 146. 120 not far away now.”

Nokesa,

I think it’s highly unlikely that the ITV share price will fall to 120p. Although nothing in this game would surprise me, I just don’t see 120p happening, even with a no deal Brexit. However if it does I will fill my boots.

Gap closed @ 257.599. Today's intra day low 257.350.

Yes, you’re quite right Doug. However, desperate times call for desperate measures. Although, I must admit using MF is scraping the barrel a bit. Lol

NDNIC00,

New TalkTalk company to build broadband network in north of England

TalkTalk has created a new company to invest in expanding its full fibre network despite an agreement with financial investor Infracapital falling through. The broadband company has formed a new company called FibreNation that will own its full fibre network in York. It will expand that network to nearby towns Harrogate, Ripon and Knaresborough to grow its footprint to 100,000 houses within 18 months.That is a long way short of the 3m homes it envisioned when it announced plans in February to form a new £1.5bn joint venture company with Infracapital, M&G Prudential’s infrastructure fund, to target full fibre investment. Those talks fell away due to disagreements over the value of the York network according to people with direct knowledge of the situation. TalkTalk said it remains in negotiations with investors, including Infracapital, over a new deal. The company’s shares fell by more than 6 per cent at open. Charles Bligh, the TalkTalk veteran who was leading the push to form a new fibre company has left the company and will be replaced by Neil McArthur who was the founder of Opal Telecom, TalkTalk’s business unit.The change in strategy was announced alongside first half results that showed customer growth doubling to 104,000 new users taking its base to 4.2m. Revenue in the period fell 0.6 per cent to £882m after it pulled out of its mobile brand with growth of 3.9 per cent excluding those factors. It reported a loss before tax of £4m compared to £95m in the first half of the previous year.The company said that it will move its headquarters to Salford meaning hundreds of staff will relocate. Tristia Harrison, chief executive of TalkTalk, said: “This has been a strong first half for TalkTalk, with continued broadband base growth and further progress as we become a simpler, more efficient business.”