Member Info for Pogo001

As you can see, we still have suiciders on ITV issuing stop orders with a trigger limit for selling shares... and practically no lower limit. Well, it's not my money, but it's still a good laugh. Especially since this isn't the first time that, with low trading volume, a few larger sell or buy orders have sown panic. Returning to the "official" reason for this whole situation, I don't think any one intelligent ITV shareholder in this group would have expected this or that investor will be able to buy ITV's most valuable assets for next to nothing. I won't go into detail here, but I've written several times (and I'm not the only one) that, at this point, ITV doesn't need a pseudo-fund as an acquirer, one that actually undervalues ​​assets and then tries to take over the company or part of it using ITV's money or its shares. Fortunately, Dame and the ITV Board don't have to make such decisions or feel pressured by such investors. Such a situation was possible four or five years ago. Today, anyone who realistically values ​​ITV below £1.50 in their offer is doomed to failure. What could potentially happen in this matter is the potential spin-off of Studio, the broadcasting arm, and ITVX into separate companies, and as such, their listing on the LSE. Another possibility is still a takeover, but not by hunters hoping for large and quick profits, but by large and stable capital recognizing the scale of ITV's operations and wanting to capitalize on its potential. And here we have already mentioned who can afford to offer a price for ITV shares that would satisfy the majority of shareholders, meaning significantly above £2 per share. And as I said, both on the forum and in analysts' assessments, this situation was clearly outlined. The fact that someone blames their failure to acquire ITV for next to nothing on market regulators, the recession, management's reluctance... should be understandable. After all, no one will claim they were relying solely on the weakness of the ITV management and the stupidity of shareholders. A share sale like today, and for this very reason, is therefore laughable. I wonder how the market would react if an offer valuing Studio below £2.5 billion, and all of ITV at practically today's share valuation of around 80 pence, were to prove binding on ITV shareholders. ITV doesn't need an acquirer. It's doing perfectly well without one. Whoever wants to take over must pay a fair price.

The "lemon squeezing" continues. We'll see where it leads us this time.

The local rats I suggest to add more shorts positions.If you want to have fun, have it all the way and until you die..

Patience .. :)

Https://uk.finance.yahoo.com/news/12-itv-share-price-still-155300105.html

Leaving aside the return from vacation or the upcoming dividend, it seems that at least some investors have calculated over the weekend the impact of the Paramount/Warner bid on ITV's real value. This is evident not only in ITV, but also in Canal+, whose share price (long valued at 60-70% of Fair Value, not below 40% like ITV) is rising by about 4% in Paris. The current trading volume (over 1 million shares) at 11 a.m. suggests an interesting and successful week for ITV shares. We'll see how upcoming economic data, the US interest rate cut, the upcoming ex-dividend day, the easily predictable (given the audience figures) ever-increasing ITV advertising market share (and likely profits generated), and the likelihood of closing and recording studio revenues from some completed US productions—whether all this will finally translate into a significant increase in the ITV share price. For me, I'd prefer if the ITV share price wasn't too high at the time of the dividend payment. Although, as I've already said: What does "expensive" mean if your forecasts include a share price increase of another 50, 100, or 300%? Fairy tales? Depends on your perspective.

BigEgo

That's why I've been ignoring idiots for years. And I invest based on common sense, experience, and knowledge. Focusing on individual profits or losses, especially when they remain on paper and the investment is still ongoing, is foolish. The bottom line is always what counts, and in the case of ITV, as I've already said, the low share valuation and dividend actually favor long-term investors. If it weren't for external factors, and above all, the policy of slowly buying up ITV shares while simultaneously limiting their price through short positions, pursued by large institutions, we would likely be at £1.2-1.5 a long time ago. But just as this policy of suppressing the share price is detrimental to speculative or short-term investors - for long-term investors (including me) it offers an opportunity for much cheaper purchases and a high passive annual return on capital. Something that's difficult to understand for idiots whose time horizon is limited at best, by the next rent payment. In any case, this situation in the ITV shares price allowed me to build a pretty decent investment portfolio. In the initial investment phase (knowing my financial capabilities and the period of unlocking funds from other investments), I assumed that by the end of 2025, I would be happy to have a block of around 350k ITV shares. Thanks to the policy of "big fish" and my personal patience and faith, that's over 516k today. Decent for my private pension fund. Living in a fairy tale world, where you become a millionaire overnight and all other participants in the capital market are idiots, always ends with a rude awakening. And the psychological consequences can be seen, for example, in the posts of our troll Tomalley throughout his multi-account kingdom. All that is left for such people is the venom they spew in the comments, and the growing frustration when others are right and their words become just a sad stream of impurity.

And once again, every once in a while, just to make us feel more confident and honest with everyone... And now:

516,187 ITV shares, paid total: £347,885

(ISA 176,600)

Total Divi included £76,150 (most were reinvested)

https://ibb.co/XZj8jMxb

....

Impatience and greed will always win, leaving the initial calculations and valuations somewhere beyond our imagination. Just like our past investment mistakes, which we blame on someone else rather than ourselves, unable to move past them, analyze their causes, and draw specific conclusions for the future. Finally, I'll repeat "Patience" and encourage more positive thinking and empowerment about the companies we invest in.

I understand the impatience and irritation of ITV shareholders (especially those not particularly interested in dividends or long-term investment). However, it's important to be aware of the company's shareholder structure and the low trading volume of shares on the stock exchange. These factors, combined with negative reviews of ITV, raise concerns about the reliability of the information and, consequently, the purpose of its moderation and dissemination, create the potential for short-term, albeit successful, manipulation of the ITV share price. The lack of interest in long-term purchases of ITV shares (and not just capitalizing on price fluctuations within specific ranges) means that short-term shorts positions are holding back larger investments. My experience and knowledge (based on other shares too) suggest that while we can't predict the end of such price behavior, similar situations usually end in significant losses for shorts who don't believe in the near-term possibility of changing the investment principles for these shares. Well, that's not my problem, although with a larger portfolio of ITV shares, this limits my room for maneuver, both during anticipated price corrections and when testing resistance. However, assuming a minimum five-year investment horizon linked to dividend income, this doesn't really matter. In fact, the lower valuation increases reinvestment opportunities and a constant higher percentage of passive dividend income. In any case, if someone finds the market valuations of ITV shares absurd, it's good to understand the reasons behind them. This should determine our investment approach, depending, of course, on our financial capabilities and the acceptable level of risk associated with the aggressiveness of our investment portfolio. Plus, as always, math is key. You might think that share valuations at £1 are overstated, and those above £2 are just a fairy tale. However, it's also worth mentioning Fair Value, which in many models reaches £2.2. This means that ITV shares' valuation of 81-85 pence is less than 40% of that value. These are currently among the lowest valuations for all companies in the FTSE 100 and FTSE 250. How this compares to the historical price movements of other shares based on the market price to Fair Value ratio, and what investment conclusions should be drawn from this, is up to everyone to consider. Repeating that "patience is the key to profits and, above all, to limiting losses" may be tiring, but it's certainly true in the case of ITV. The fact that, seeing a lack of results from our investment, we often think we're suffering losses because "we knew we should have invested in company X or Y, and they already delivered enormous returns" is pure psychology. However, life shows that such thinking has little to do with reality, because without long-term investing skills, we never really have a chance of achieving profits of several dozen percent (except in rare cases). Impatience and greed

BigEgo Thanks this deal I changed some of my spending schedule and I bought yesterday another 6187 ITV shares at the price about 81.01 pence. Expensive or cheap? As for myself another investment, which will be transferred into my ISA account after divi payment (my funds are limited now because holiday spending & different expenses, but after divi I plan to reinvest my money on the ISA account and sell some bought today on second account, but not get under 500k ITV shares as I planned on the end of this year).

Compared to the Paramount/Warner bid, I estimate ITV's current valuation should hover well above £1.5 billion, depending on the STUDIO's valuation. However, from any potential buyer's perspective, we're likely talking about a valuation in the region of £4 billion +, and that's only if a few potential buyers don't come up with competitive offers. The rest, modestly speaking, is worth at least another £1.5 billion. These may not be the highest ITV valuations in the last 10 years, but those were different stock market and different times, though they should certainly give potential investors pause, especially given the current market price of the stock at just over £0.81. Of course, these calculations can be considered nonsense, but for me, what is nonsense is the current valuation of ITV shares, as well as the fact that some investors do not seriously consider the possibility of a merger or takeover, and consider the spending of £5 or £10 billion by the largest companies in this business as impossible and problematic.

Coming back down to earth, aside from the dividend or quarterly results, I suspect everyone here has calculated the ITV share price based on the anticipated Paramount & Warner Bros. transaction. Of course, this doesn't necessarily translate directly to the ITV share price, but "of course"... .... After all, we all know that simply adding the value of ITV's individual components is completely detached from the current share price. This means that the ITV share price is detached from reality.

Sharing the skin of a bear while he's happily splashing around in the forest is a sign of ignorance. Naming his potential successors is like a magician pulling pigeons out of his sleeve at a preschool costume party. I understand that the current performance of the ITV share price may be tiring, but I advise focusing on specifics and, if we have the necessary funds, on further share accumulation before the dividend and quarterly results.The future is much more bright than most of us can imagine.

All the best for the real long term ITV shareholders.

At this point, any speculation about Carolyn McCall's imminent retirement is utter nonsense. Trying to play ITV shares with this in mind is, unfortunately, an idiotic idea. Firstly, she turns 64 today, so she has at least a year until retirement, and it's worth emphasizing that she's not obligated to do so. Secondly, she's a successful woman, and I'm betting she won't leave her position at ITV unless the company's share price returns to at least £2, and of course if shareholders will not fired her before then (but judging by the support at the all past company's AGMs, that's unlikely). Another issue is money - and here, too, it's important for everyone to calculate from the perspective of her ITV shareholding, as well as the benefits and severance pay she'll receive once the company reaches a certain market value, when will be the best time to do. Everyone know that the value of ITV should grow sharply in next 24 months, and it will be so stupid to leave a company before this time, especially when you are a big shareholder and part of your wage & benefits depending shares price. And here I advise you to look at similar situations in the case of a CEO change, when the previous one ended his career as a winner (and undoubtedly, even considering the stumbles, her work in developing ITV and saving the company from bankruptcy she should be viewed as such). Finally, I'm betting that Dame herself, if she plans to retire, recommends her successor well in advance. I emphasize that any speculation on this topic today is simply foolish. Today, in terms of management, ITV needs stability and adherence to the outlined steps. This is positive for the company, and although the share price does not reflect the market's confidence, all financial indicators show an upcoming sharp breakthrough in this matter. Moreover, if anyone is going to see through the ITV merger, it will probably be the Dame and not another CEO. And in this matter, I think that all larger shareholders have a similar opinion.

I suggest focusing on a few other obvious issues – the upcoming dividend, or whether the quarterly results will finally show a recorded increase in Studio's revenues and a return to this year's forecasts. Because if so, then breaking the £1 mark for ITV shares seems inevitable, as does a change in brokers' attitudes towards the company.

As usual, there is a lot of low-volume transactions, which are truly distorting the ITV shares market assessment. I think today's close will be between 81.30 and 81.60 pence, but in reality, at this volume level and without forced closing of positions at the end of the week, a decline to 81.00 or a rise to 82.00 pence is possible. From a long-term investment perspective, this is irrelevant.

Amidst the information overload, inflation forecasts in the UK are worsening the situation for dividend investors across the market. News about Paramount & Warner Bros are looking very positive and should get positive impact for the ITV shares valuation in the future.

BigEgo,

I have nothing against a takeover offer in the £2+ range for ITV shares (though realistically, I'd be more satisfied with around £2.5+, as I've assumed a target share price in that range for 2027). But well, it would be nice to finally see the ITV share price at least at the asset valuation level, i.e. around £1.50. Anything above that would be a premium for shareholders, although if my 2026 profit growth forecasts are correct, the asset valuation would rise to around £1.80, and the fair value would rise from the current £2.20 to over £2.60. And that's something a potential buyer would have to factor into their plans. And what I always say: the company generates good passive income and has good prospects, so large shareholders will not sell their shares for less than £2, and Dame as she going to retirement will certainly not allow that to happen too.

The cat-and-mouse game continues. And it probably will for another month. Although, as I said, anything is possible when it comes to ITV shares. A share price of 81-85 pence gives a dividend yield of 2.09-2.0%, so it's probably still profitable. This stagnation is lulling. It's good to have something else to do than debate with a Russian troll and his various incarnations.

Janus1

Exactly on point.

Redcain

Large shareholders deal the cards. A decline in volume and ongoing accumulation are clearly visible. Around ITV shares are still circles a pack of rats and vultures short sellers. They assist the large player in buying shares behind the scenes, creating a discouraging environment for the company. As such, these useful idiots are used to relatively stabilize the share price, enabling these cheap share buybacks and "squeezing the lemon" out of impatient small shareholders. However, the economic environment, the ongoing restructuring of the company (including the repayment of the ITVX investment well ahead of schedule), successful marketing projects, STUDIO, together with the prospects for rapid profit growth over the next 12 months (at least up to last year's average), stable dividend from April 2022 - and all create a very favorable investment climate. I won't speculate on a takeover or demerger. As I've already said, I don't believe large shareholders would accept a share price below £2, and the only acceptable option for me was to list STUDIO on the LSE to achieve a proper valuation of ITV's assets. However, looking ahead, this option is slowly becoming unlikely - ITV is steadily building its value and market position, and any demerger could threaten the company's long-term position. At one time, this issue helped defend the company against a hostile takeover (in reality, along with the buyback, it caused the share price to rise from a peak of 60 pence to around 75 pence). Today, the share price defends itself without any sensational news. And the stagnation will end when the booked profits are in line with the management's forecasts. Today is the time to buy. Any day can end with another share price increase of several percent and a trap for shorts. Patience pays off. And some movements are relatively easy to predict. However, remember that realistically, the decision is based on the scale of our investment and preferences. After all, selling 500k shares without a price collapse, with a realistic daily volume of 1-1.5 million, or buying them back later with profit after selling, is not the same as investing in 10k ITV shares. And as I said, it's not make sense. I won't sell my investment below £2-3 per share, and all depends on the market outlook. As for me selling shares just because they've yielded 100% is foolish (especially if we believe the company has prospects and we already know it very well after several years of investing). I didn't invest my money in ITV to earn money for a coffee. The fact that trolls think so is their business. Anyone who has money and experience also knows that it is relatively easy to earn that 5% on £10k. When we invest £100k, this becomes a problem, especially in a illiquid share market. Overall, I think we'll close this year with a price above £1.20. This whole cat-and-mouse game will end abruptly.

Glad to see I was right. Two days from 79.05p to 82.80p. That's 3.75 pence per share profit - almost 4.75% on 10,000 shares. Not bad, although these are just numbers and mean nothing until the investment closes. Except for one thing: you have to think and not care about the trolls here.

As for STV, for some time now, there have been comments on this forum (and on ADVFN) encouraging investment in this company: that it's cheap, that it has a dividend, and now it's ITV... To me, it looks like trolls trying to sell shares that some of the desperate people here bought and now can't sell. I have already presented my opinion on STV - a company heading towards bankruptcy, requiring deep restructuring, politicized, operating on the local market - if it is worth any interest, it is only as a bankruptcy estate at an adequate price.

All the best for the real ITV long term shareholders.

Patience is a key of the success.

ITV's entry into the Scottish market is a good move. As for a potential takeover of STV – I don't think so, not at this time, not at this price. STV has a very low market capitalization today. But does that mean it's cheap and worth ITV's interest? I don't think so. ITV's entry into the Scottish market should generate 20 to 40% of the local advertising pie anyway. With the studio's established position and the capital base and know-how, it won't be difficult. This will further weaken STV's position. Then STV will either go bankrupt or be split or taken over through forced restructuring (maybe re- nationalisation, but I don't think so). In this case today ITV will not only overpay but also face criticism and political pressure from the SNP and the Scottish Greens. STV is seeing a significant decline in revenue and profit. I think little will change in the next two to three years. They're same as Channel Five and Four need find a rich owner. entire industry is cutting costs, restructuring, investing in streaming and proprietary platforms, and generally trying to diversify revenue sources. What about STV share market? STV is experiencing very low liquidity, with the spread between buy and sell often exceeding 1% of the share price. This makes it attractive to small speculators, but the real possibilities of liquidally investing at least £10,000 are very limited and involve significant risk. In my opinion, any takeover will take place either through bankruptcy or a new share issue targeted at a specific entity. Both of these options will result in significant losses for existing investors. Regardless, such a situation will not occur within the next two years. Any speculation about STV takeover by ITV are today false and without any sense.

Would I have preferred that my optimistic predictions, with a price of around £1.50 per ITV share, had come true a year ago? I would probably have had some satisfaction, but... The truth is, thanks to the financial weakness of the ITV share price over the past few years, I was able to buy 510k shares in the company up to yesterday and around 90,000 shares this year alone. If the ITV share price had behaved more rationally, its growth not being suppressed by large shareholders (who prefer high dividends and accumulation of shares at local lows), my holdings would probably have been smaller, hovering around 450k ITV shares. Of course, I could always invest in another company and probably multiply my capital many times over. Probably??? Well, I'll stick to my point. Because, as far as I'm concerned, STUDIO is worth £3.5 billion, ITVX is £1.0 billion, and the rest of the company, including copyrights, is around £1.5 billion. This gives the company a value of around £5.5 billion. Sooner or later, the market will value it. Not taking advantage of the current market opportunity is foolish. I'm trying to take advantage of it as much as I have available funds, and in the meantime, I'll settle for a dividend, which, cumulatively, in November will exceed £85,000 in my case. You prefer to be a gambler or a long term investor - it's your choice, but digits are telling truth.