Member Info for paul30661

Iran is just trying to humiliate Chump (again) by highlighting that he is unable to control or dictate to Israel

Guird,

Sums it up well.

I can't see much chance of a competing offer but having to wait for the dividend element so perhaps little harm in waiting to see

The current market price is suggesting that no other UK bidders are currently on the horizon (US bidders tend to be less leaky than UK)

I think the bid will still happen, possibly on an improved a bit price - 625-630p?

(In addition, if peace does break out in Iran, and the US doesn't start on Cuba, then a little confidence will return to global equities, even if in the UK we await the next lurch left of the Labour lot)

If the bid does not proceed, then the price will drop but will it return to the previous lows ? Very unlikely IMO

if private equity were genuinely interested previously, that will not have gone away.

And despite the headlines the company are (albeit slowly) getting to grips with the issues in what is a very tricky environment.

Against that, I've bought more this morning, hence why the price is going down at the moment I suspect!

When I saw 17 posts I was looking forward for some insightful, educational or at least entertaining update on what might be happening with ENT.

Alas, just 2 village idiots throwing insults at one another.

I'm with HL. The prices seem to go crazy every day at close for 15 minutes or so.

I've been caught out several times

I'm guessing you're reading itv's competition headlines on the results.

Reuters headline is:

'UK's ITV half-year comes in ahead on advertising beat, strong Studios demand'

There is a lot of value in itv which will either be unlocked by itv within a year, or someone else will do it for them /to them.

In the meantime, even at 80p the yield here is 6.25%.

Yes, the management may burn through more shareholder capital before they're taken out, but it's a good yield to be paid to wait for the (inevitable) merger or bid.

.

April 27 (Reuters) - French entertainment company Banijay is in early-stage talks for a takeover offer for British broadcaster ITV that would merge their respective production businesses, the Financial Times reported on Sunday, citing people familiar with the matter.

Banijay has explored options, including an offer for ITV's studio business, the report said, adding that the discussions are at a preliminary stage, with no guarantee that they will lead to a deal.

Banijay has also considered a full takeover of ITV, which would likely involve securing investment from third-party investors, the report added.

Pogo

You do realise that Friday and Monday are uk Bank Holidays, so the markets will be closed.

Wasn't it a triple option expiry day today?

I think alot of volumes are up as a result

Are you having a wfh day today pogo?

You're keyboard warrior diatribe seems to be on overdrive

:-)

In fairness to JATW, I don't think he was recommending St. James as either an investment or a financial advisor.

Anyone who has ever Googled SJP will be aware of their poor reputation for providing value for money, combined with relatively poor investment returns.

I think his take might have been that, if even SJP can provide seemingly good results for investors on the back of a crap business reputation, then MNG should excel.

Or at least, I hope that is what he was suggesting - I've today markedly increased my MNG position ahead of their results in a few weeks time.

A problem with large divis is that it attracts traders, shorters and rampers.

Phnx would help the share price and themselves if they moved to quarterly dividends.

Yes, there would still be some volatility around xd dates, but the recovery would be swifter, and I suspect more shares would be held as a solid income share by pi's and funds.

Padd1,

To misquote the author G. Michael Hopf:

Hard times create strong leaders,

strong leaders create good times,

good times create weak leaders, and,

weak leaders create hard times.

If the government wishes to encourage investment in shares rather than speculation and auto-trading, they should increase stamp duty to nearer 5% rather than succumb to the pressure to remove it.

Ego,

Is the same with the advfn forums unfortunately.

Ruined by rampers, trolls and lunatics, so many of the genuine posters have left

At first glance it seems a win win.

Either a studio merger will remove costs and competition, or it will flush out another party wishing to gate crash part or all of the deal with a better offer.

If only the muppets on this, and the advfn itv board, were paid per word, they'd all be quids in.

In most shares, there are traders and there are investors.

Each has different reasons and different objectives for their actions.

There is room for all, and if each respects the other, they might actually learn something to improve their own decision making and profits.

Playground name calling and repeating the same tripe again and again and again in the hope that it might make it come true is pretty pointless and just leads to less active participants on the boards and increased use of the filter option.

Pogo - I thought of that Mark Twain quote:

'It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt.'

:-)

WombleTom,

At least if people are unemployed and not going out spending, they'll be staying at home watching Tv. :-)