Member Info for Pogo001

Large volume of over 900k ITV shares after only 1.5 hours. At this level of share price it is inevitable and rather desirable. Shorts counterattack, which in my opinion will end in pain, defeat and financial losses. If they fought only rumors maybe it would be justified. However, ITV's situation after financial results looks diametrically different and better than that created virtually in earlier media and stock exchange communication. And here should we look for a justified price increase of at least 20-30% in relation to the levels of ITV shares that have been tormented on the market for months in the range of 70 pence. What about information about a merger, takeover,etc... If will be confirmed, it will give another huge growth impulse, where a return to at least the peak level of valuations from 2020-2021 will be likely. In my opinion, the week will bring a break through 82 pence, and today, probably when the "lemon squeeze" from the undecided shareholders and "lunatics opening new shorts in panic now" end, the price will close at another monthly high. But of course because I am a long term ITV shareholder, my thinking is probably biased.

A calm increase in the share price, at an average volume level (we will probably end up at around 4.5 million at 16:35). For a rehashed and not new press release, it doesn't look bad against the market. And from the chaos of information, one thing is certain - something, some kind of agreement concerning STUDIO is hanging in the air. Vivendi gained around 40% after a similar maneuver. We will probably see for ourselves soon how the ITV share price will behave.

Opening price at the level of the dead European market. We'll see how the rest of the day goes.

My forecast for tomorrow is an opening at around 78.50 with good and average market sentiment, or around 77.40 if we see declines on European markets and similar on US Futures prevail.

Have a goodnight for all real ITV shareholders, and long for the rest.

Fingal

Same as you I do not expect any interesting RNS tomorrow, ..., but the atmosphere around is getting thicker and thicker. That is why sudden upward movements of the ITV share price seem more and more likely. Especially since both the external situation and financial results give more than hope for an increase in the value of the shares. And this regardless of the time and results of the current negotiations. The market is starting to believe that ITV shares are a stable investment that can additionally bring extra income in the future. Confirmation is also shown by technical analysis signals, showing the chances for a solid upward movement to levels from at least 2022.

One more. If I am talking about ITV minimum valuation at the level of £3.5-4 billion I mean the situation after the acquisition own shares from 3Media and the cancellation of shares from the buyback. So we are talking about the share capital consisting of about 3.3 billion ITV shares (which also controls at least 60-70% of the capital of the newly established company STUDIO-RedBird). This means a total valuation of one ITV share in the range of £1.06-1.20 in the variant assuming the most modest valuation of the assets held plus 60% of the new company. In my opinion market valuation of ITV shares after this operation should made very fast level over £4.5 billion (but including not less than 70% capital of the new company in the hands of ITV).

The method of separating STUDIO assets from ITV combined with the acquisition of shares held by 3Media is, in my opinion, the only reasonable move that can be accepted by the majority shareholding representing over 50% of ITV share's capital. This is also a way to get rid of the 3Media ballast from the group of the largest shareholders of the company, which ballast, although it supported the activities of Dame and the Management Board, in my opinion significantly influenced the limitation of the growth of the valuation of ITV shares, and in the low valuation of the company's value saw the possibility of taking over part of its assets or the entire company in the future. I will also omit here the issue of purely speculative lending of ITV shares in order to build short positions, of which 3Media has been accused many times. This game is just ending, although the conviction and attempts to create a media conviction still dominate that 3Media has the status of the playing card dealer in this game. 3Media is building this status in the media but also by taking over a company whose valuation from its point of view differs significantly from that which ITV made when creating an audit for a potential takeover same company before. Efforts to gain real control over the most valuable assets of ITV and the entire company are doomed to failure, I think. The path outlined by me is a real solution that will allow 3Media to smoothly exit its investment in ITV in exchange for a new one representing a more familiar and accessible market segment. It will also allow it to achieve a much higher rate of return than that from the ITV shares it holds. I also think that its investment in RedBird was supposed to serve this purpose. Such a solution for ITV means an increase in the overall valuation of the company from the current around £2.9 billion to around £3.5-4 billion. Such a valuation is much more in line with market realities, and the structural division would strengthen the basis for further growth of the share price in the future. And this is regardless of the incomplete, approximate assessments of the value I am writing about. Such a solution would also be a good bridge expanding the group of those interested in a possible takeover of ITV in the future. I will repeat it once again. I do not believe that with the current shareholding structure, conditions extremely unfavourable for the valuation of ITV, although perhaps giving temporary speculative profits, were acceptable to the majority of the share capital. Given the knowledge of who and at what average prices invested in ITV shares or probably invested in them, I am inclined to say that any overall valuation of ITV below £1.50-1.80 per share will simply be rejected in a vote on any major changes to the company's financial structure. 3Media is only a little over 10% of ITV's share capital. That is a lot, but at the same time far too little to subordinate ITV.

The trolls who have been spitting for years at ITV shareholders do not deserve my respect.

One thing is for sure. Weekend press speculations have definitely spoiled the mood of our trolls who are so eager to play shorts. Personally, I hope that Monday will be financially painful for them... And I am definitely being spiteful in this assessment.

Slownsteady

It doesn't change the fact that you have little financial understanding when it comes to the whole discussion. Spreading rumors, violent outbursts or troll discussion like Tomalley makes me react automatically. I just ignore axx xxssholes. Let's see how much I can put up with you this time.

Slownsteady

Winstanley said.... lots of post with garbage, but you made one time some interesting. That you are temporary aut from my FILTERS

Slownsteady

I have read both articles carefully. Although my valuations differ from what you can read, I believe that the old valuations suggesting such and not another valuation of both potentially merged companies are simply detached from reality. STUDIO as such is valued after the latest results and when we take into account the forecasts for the next six months in the range of £2.8-3.5 billion, RedBird is an investment requiring restructuring and valued by the market below the initial purchase price by 3Media. Counting the synergy effect or interest of potential investors when the new creation is introduced to the market, its valuation should be within the limits of the amount I presented. If we are talking about this investment from my point of view and I believe that from the point of view of ITV too, what counts is not only the new entity that is being created, which will increase the real valuation of the company, but also the issue of taking over the block of ITV shares held by 3Media. Only such a combined transaction, where these shares will be redeemed, makes real sense for the majority of ITV shareholders. Otherwise, it would only serve the interests of 3Media and suck out capital and value from ITV. The remaining ITV shareholders will certainly not agree to this, and Dame probably will not agree either. So all that remains is to finalize the takeover of this block of shares based on shares in the newly established company. I believe that the issues of introducing to the LSE listing will be agreed based on the model I have presented (although there may be a financial injection from one of the parties in order to strengthen the company). I think that I have outlined a scheme that is likely to be accepted and also likely to be approved by the majority of ITV shareholders. I will also not be care much about the valuations presented by the press, historically generated by AI, based on unreal erroneous valuations. What ITV shareholders and, above all, 3Media shareholders would like to achieve does not fully take into account the financial situation of both entities and the future of both companies. ITV has time that 3Media lacks. And this time is primarily about increasing the value of the entire company based on financial reality and not on the incantation of any numbers.

The suggested solution and press valuations, or some comments create a climate where taking up to 40% of the shares in the new company and keeping over 10% of the ITV share package by 3Media would be an ideal solution for ITV shareholders. However, this is not the case and from my point of view it would be a real hostile takeover of ITV. I think that I, who owns 450k ITV shares, would not be the only one who would vote against such a solution, despite my passive attitude towards participating in such events in recent years.

And finally, the issue of the current ITV share price and speculations for the coming days: The nearest growth channel 82 - 84.5+ is already in reach. Monday...???? If,.. that means the next stop around 92 -105.

BigEgo

ITV Share News

I also believe that any attempts to undervalue Studio and at the same time overvalue RedBird will be softly rejected by the company. At the same time, the option of taking over its own shares by ITV in order to cancel them should be an additional goal of the upcoming transformations. It is both beneficial for 3Media and the rest of ITV shareholders. It all comes down to financial issues, in which ITV must take a tough stance taking into account the benefits for the valuation of all components of ITV and not the possibility of getting rid of 3Media from the shareholders list and just short term speculative increase in value, where at the same time the company would get rid of its most valuable jewel. The benefits must be mutual. Otherwise, it is worth just waiting until another investor with the right financial offer comes along.

At the moment, as large and small shareholders of ITV, we should rely on the CEO's actions, which clearly build the growth of the company's value. As I said, I believe that Dame, when retiring, will not allow the stock market to consider the last few years as a failure, but only as a success. This means that the total valuation of ITV's assets should reach at least £2-2.5 in the next 2-3 years, also due to her potential plans. In addition, the whole situation is under the control of other large shareholders, and this rather excludes actions to the detriment of the company. So I recommend calm, patience and further accumulation of ITV shares within the limits of your financial capabilities.

All the best for the real ITV shareholders

(2)

I also think that any agreement with 3Media that is unfavorable for ITV shareholders will not be accepted and will be rejected by the general meeting of shareholders. Looking at the attendance from the last few years, 3Media has no chance of being able to force changes that are unfavorable for ITV.

(1)

From my point of view any deal about STUDIO is acceptable only if it also includes the ITV share package held by 3Media. Valuing STUDIO at £2 billion and RedBird at £1 billion is paranoia not based on the reality of the real the value of STUDIO. I would like to remind you that the valuation of the RedBird in the offer from ITV did not exceed £700 million, and the valuation of STUDIO when we take into account the potential influence on the US and UK markets in the second half of 2025 is an estimate of £3-3.5 billion + potential premium. Let's remember that 3Media depends on this transaction, and ITV can independently introduce the STUDIO group to the LSE in order to improve the valuation of its assets. So we should rather talk about a share ratio of 85:15 or even 88:12 on the part of ITV. However, I believe that there is an offer on the table to exchange all of the ITV shares held by 3Media (around 390 million shares) for shares in a newly formed company called STUDIO-RedBird. In this case a company made in this deal, should be as we could talk about split in favour of ITV in 75:25 maybe 70:30 maximum. A new company could be introduced relatively quickly on the LSE and as such a way of dividing votes and value could be positively supported by most of the ITV shareholders'. Most likely, in this case, ITV would be blocked from selling its stake in the new company through the LSE for a period of 3-5 years, and the person introducing the shares to trading would be 3Media, selling part of its stake. I assume that the market offer to investors would then assume a market valuation of STUDIO-RedBird in the range of £4.5-5.5 billion. Which would realistically guarantee both the sale of a block worth at least £600 million, further increase in the value of the shares, and the possible sale of the rest of the shares held by 3Media to institutional investors. This form would provide the possibility of a smooth withdrawal from the ITV shares held by 3Media with a 20-30% premium in relation to the current valuation. The shares taken over from 3Media that would go to ITV would be cancelled at this point and treated as a buyback, reducing the number of ITV shares in circulation to around 3.3 billion. The valuation of the entire ITV and the shares held in the new company should increase in this case to at least £1.3-1.5 per ITV share + the equivalent in the shares of the new company. Otherwise, the game is not worth ITV's interest, because it will not bring any real increase in long-term valuation beyond speculative and temporary profits. For my part, knowing the CEO, I assume such a scenario. Today, time has been in ITV's favor. Each subsequent quarter will generate an improvement in financial results and an increase in the undervaluation of shares in relation to the valuation on the LSE. Both the ITV CEO and potential investors willing to conclude a favorable agreement are fully aware of this.

I also think that any agreement with ....

For those who fail to notice, the undervaluation of ITV shares is based on the current number of registered shares and does not include the 120 million shares still awaiting redemption (3% of share capital).

Https://www.alphaspread.com/security/lse/itv/summary