RealityToday 12:18
I am tired reading some posts....
This whole discussion about changing the name, speculating about the future... it's not even funny. I suggest you should hold off on making any statements at least until ITV releases an announcement regarding the SKY deal. Then let's calculate the money flowing to ITV and try to translate it into a valuation. Currently, a conservative valuation is £1 to £1.50. The shape of the deal also influences potential moves by competitors. And this isn't just about the subsequent fight for control of Studio, but also potential counter-offers to the negotiated deal with Comcast. This negotiated deal will show the market the financial potential for counter-offers, as well as Comcast's potential valuation of ITV as a whole, along with the possibility of gaining a competitive advantage in the fight for Studio. I still believe that the competition won't give up this company without a fight, if only to drive up the cost of the acquisition by Comcast if they lose. So I suggest you stop writing nonsense and simply wait for the specifics. Most of us have been here so long, accumulating dividends and investing in ITV, that these few weeks are irrelevant. I advise you to spend this time considering what strategy each of you will adopt after the terms of the agreement are announced. This applies to focusing on buying shares, selling at specific valuation levels, or perhaps waiting for the market and competitors to react.
My own valuation of ITV as a whole has not changed. Under current market conditions and over the next 12 months, a fair share price is £1.60-£2.00. I assume a gradual easing of the chaos in the Middle East and a Ukraine that will quickly force Russia to negotiate. As for the economy, regardless of the turmoil within the Labour Party, we expect slow but steady economic growth and a decline in inflation from the end of the third quarter.