Member Info for Pogo001

As you can see, Liberty Global knew exactly who was going to receive its stake. "Financial institutions" sounds interesting as always, though hopefully we'll get to know them in more detail, giving us a chance to learn the intentions of both the seller and the buyer. For now, our trolls can hide their baby potty pre-prepared under their beds.

For those curious:

Since the purchase in 2015, Liberty Global has received approximately 96 pence per share purchased in dividends. Cumulative inflation since 2015 has been approximately 40%.

I don't believe Liberty Global is a bidder looking to exit this investment at all costs and as quickly as possible. If so, they could have done so directly on the market, even in smaller block trades, accepting, for example, a decline in the ITV share price below its annual lows. The invitation to purchase a 5% stake (and likely, consequently, the remaining ITV shares) should be viewed from the perspective of gauging the general interest in ITV shares from other investors, for whom cooperation with Liberty Global might be inadvisable. I also partially agree with the company's focus on other areas of its development. However, previous actions, or failed attempts to acquire the most attractive parts of ITV, suggest that, since this attempt failed and has no chance of success, they simply want to release funds that have been tied up for a decade.

Does this mean it will be expensive or cheap? What do these terms really mean in the case of ITV shares? The most important question seems to be how much of a loss relative to the purchase price (taking into account paid dividends or short-seller earnings from the shares offered for this purpose in the past, if any was made by Liberty) they are willing to accept. I'm not really worried about the capital market's response, although it's clear that the lower the price, the more interested parties there will be. The idea of ​​a buyback by ITV also seems interesting, even if it involves increasing financial liabilities.All we can do is just wait patiently.

Placing a sell offer doesn't mean that a purchase offer that's too low will necessarily be accepted. This is something individual investors, in particular, should be aware of. The same applies to the belief that a sell offer must be fulfilled and closed tomorrow.

But seriously, Liberty Global's exit from the ITV auction capital should be a positive sign for ITV's stock price. This is regardless of the losses it's willing to accept from its initial purchase price on its existing ITV stake. As for those with short positions, as I've already suggested, I advise you to hold on tight with big baby potty next to you tomorrow morning. I wish everyone a good night, and thanks to BigEgo for the interesting materials shared on the forum.

We'll see how tomorrow goes, but as a long-term investor and ITV shareholder, I'm having a blast with today. I also recommend this to anyone like me. After all, you only live once, and it's for days like these too.

In any case, I think that well-beings of the ITV shareholders should be much better than a couple days before. This is evident from the number, or rather lack thereof, of posts I've filtered after 4.35 pm today on this forum. Our trolls are trying hard to think, predict, and likely hedge against potential losses tomorrow on short positions. The truth is, a price opening with a price change of several or even a dozen percent (in either direction) is a very likely scenario tomorrow. Hey trolls - In any case, I recommend to keep spare underwear and a large baby potty within reach.

It's interesting why the offer is emerging now. Is Liberty attempting to force potential investors to bid, while simultaneously removing itself from that group, creating space for others to enter? Or is it simply that, due to recent investments, it needs a significant capital boost, and the exit from ITV is related to the board's strong stance against selling ITV's assets for next to nothing. I think we'll get at least some answers by identifying the buyer and the sale price, although this could always be partially concealed by "parking" the entire transaction in another investment fund. In any case, it should increase both interest in the company itself and the dynamics and volume of its listing on the LSE. As I have already written, I will be definitely disappointed if the price level does not reach a certain minimum, which in my opinion will at least guarantee that Liberty will exit this transaction without losses exceeding 20-30% of the level of losses in relation to the price which was paid in completely different market conditions long time ago.

Ups...

...that my knowledge and acquired skills are out of sync with what the market is offering and reality.

If I can dream... the offered price for the 5% stake in ITV held and offered should be in the range of £250 million to £380 million, with the buyer having the right of first refusal to purchase the remaining shares held by Liberty Global at a pre-negotiated price.

If my dream deviates too much from reality, it means that my knowledge and acquired skills are out of sync with what the market is offering. For this, I will likely be severely punished, considering the 565,000 ITV shares I own.

All the best for the real long term ITV shareholders

Therefore, my valuation of the upcoming transaction is significantly different from Chat Bot's, although it may not take into account Liberty Global's current financial situation, which will likely also influence the negotiated sale price. However, I believe there will be no shortage of interest from potential buyers.

As for Liberty Global, I stand by my repeatedly stated opinion, and therefore by my share valuation. From my perspective, the stake being sold should be valued between £1.50 and £2.00. Whoever acquires it will also become a potential strategic investor and buyer for ITV. Therefore, it would be financially foolish for Liberty Global not to capitalize on this fact.

It's welcome news that after years of undervaluing ITV and unsuccessful attempts to acquire ITV or its components for next to nothing, Liberty Global will abandon this ship. Regardless of the valuation of the 5% ITV stake being sold, and the possibility of the rest being sold off through the market, I think many trolls here are waking up now with their hands in the baby potty. Of course, we could see a price of 60 pence per share, although at a market fair valuation of £1.80-£2.50 (depending on the method), I would personally be surprised, wondering, for example, about the liability of the CEO approving undervalued share sale and explained it to the own Liberty Global shareholders. One thing is certain. It will be interesting, and the latest dividend will not be the only icing on the cake for all patient and persistent long-term ITV investors.

In any case, regarding the impact of the strategic changes, not only at Warner Bros. Discovery but also driving valuation increases as a whole, I think that in the coming months, we should expect a shift in brokers' attitudes towards the entire sector, both those creating content externally and those used independently by broadcasters. Added to this is the inevitable consolidation, which has been discussed for a long time. All this, combined with the steady, decent, and above all, safe profits generated by these companies, should result in a noticeable increase in both interests and market valuations. Returning to ITV (which is also visible in the case of other companies in this sector across the European market), the ongoing decline in share volume is strongly correlated with the concentration of shares in strong hands and a shareholder structure focused on long-term, above-average returns. In our case, it's enough to look around at the real investors represented on the forum, their strategies, and the sometimes-disclosed composition of their investment portfolios. Of course, everyone is entitled to their own conclusions, but as always, everything will ultimately be reassessed by the market and our own holdings.

Warner Bros. Discovery is another glimmer of hope, showing the direction companies are heading in this business when the market's disregard for real capital valuations leads to an underestimation of their potential, fundamentals, and revenue structure, everything which builds the potential for profits. This is what I've been writing about for a long time, and what the current CEO's value-building policy is leading to. The split doesn't create any value from ITV's perspective, and a potential investor must consider that today's undervalued company's assets should be fully valued, and the fact that regardless of market conditions, the price will simply be higher. Even pessimists who speak of market stagnation in the UK speak of an increase in profit potential in 2026 and a doubling in 2027—if only through the prism of economic cycles. And to those who are detached from economics and treat shares as a casino game, I suggest deepening their knowledge or using forecasts showing, in the case of ITV, a forecasted increase in revenues and profits several times above the market if such a macroeconomic situation actually occurs. Patience is always the key and no amount of swearing from the trolls here will change that. Unlike them, others invest their capital here for the long term and not to earn a sandwich at Big Mac.

I hope all the trolls have packed their remaining capital into short positions on ITV. As far as I'm concerned... 5 weeks until the dividend payment. That £9k in cash will cheer me up.

Alboumphoto

I suggest you go back to investing in your junk companies... and hope for the lucky dip. In the meantime, consider why you keep coming across FILTERS list on various forums. You'll be back when the ITV shares price beats all forecasts, claiming, of course, that you knew and you're the winner... Just like most of the trolls here—winners who profit from their every daily move. We, the little guys, can only pray to people like you.

ITV, in the form and overall picture it presents today, thanks to concrete and realistic decisions made by the Board and Dame, has enormous growth potential and, above all, the strength to survive in today's challenging media and advertising market. In recent years, ITV has emerged as a leading company not only in the large and wealthy British market but also globally. As such, it commands respect, but also envy, being the subject of unfair competition. This is difficult to admit to those who condemned it to failure. Furthermore, we operate in a capital market where, since at least the pandemic, wild speculation has reigned, driven by greed rather than reality and economic calculation. But historically, the market always returns to reason, punishing hubris and greed while rewarding knowledge and long-term vision. Just look at those who are on this market and maintaining there for many years, rather than becoming one-season stars. This, of course, doesn't mean that each of us can't become such a star. But what are the chances, what are the odds of winning the lottery when we can barely afford a single ticket? In life, we build our present every day, but it's up to us what kind of the future will be build. ITV's time will come. Its strength lies in its integrity. The attempt to divide it is only an opportunity for those who turned their backs on it, and today, while discrediting its value, still want to line their pockets.

All the best for the real long term ITV shareholders.

Redcain

I agree with you, but I emphasize once again that any discussion with trolls is pointless – it only pollutes this forum, making it similar to ADVFN. Nothing teaches humility like real financial losses incurred on one's own portfolio, but also, and above all (when we're talking about local trolls, where it's hard to suspect they have more than pocket money) than the knowledge that others, thanks to their knowledge, persistence, patience, and long-term investment strategy, are achieving a decent return on capital. Children are said to mature, although this doesn't mean intelligence goes hand in hand. And life teaches us to "take it with a small spoon, because a large spoon means unnecessary losses, waste, or maintenance costs, without any guarantee that we will be satisfied & full now and in the future."

For those who don't understand the lamentations of the trolls here, any closing price today above 74.70 pence means losses for holders of previously opened short positions, requiring capital replenishment in extreme cases. Of course, anything can happen, but it's worth considering market pressure, historical prices, and even the likelihood of even a temporary change in the chosen direction of the price. In any case, as always, I encourage our trolls and speculators to play against the company, betting on declines, and short-selling ITV shares.....because nothing hurts as much as real and booked financial losses and the awareness that long-term investors do not care about what we write - while at the same time laughing at the losses of troll speculators betting on the decline of ITV share prices.

All the best for the real long term ITV shareholders.