Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Omalley123
That's only my personal opinion with clearly explanation why. Most of people on this forum are trolls or making any opinions without own explanation. But we all invest own money, on own risk. That's mean everyone have a choice, but not everyone remember what's information are coming and takes into account all factors affecting the share price.
My private predictions for ITV price ex divi day 11/04 is £0.75 -£076. After we possible will open about £0.71 with with unsuccessful pressure during 1-2 trading sessions to bring the price below £0.70. Buyback buyers and long-term investors (including those building their portfolios based on the assumption that ITV will return to the FTSE100 index this year) will use the potentially increased supply of shares to make more aggressive purchases. In the coming weeks, he predicts a slow and stable price increase, interrupted by stronger increases. I think that at the end of May ITV will reach a price level of at least 85-90p. The growth will accelerate after crossing 95 pence, when most of the market will understand the implications of its increase on the change in the FTSE100 index. Of course, my forecast is based on the assumption of relative stability on external markets, oil prices at no higher levels than currently and the prospects of upcoming cuts in June or the beginning of a series of interest rate cuts in the UK, EU and USA in May. The above forecast for the turn of May and June is quite moderate. Extreme prices are in the range of £70-75 pence in the pessimistic version or £95-1.10 in the very optimistic variant.
But any time my recommendation is STRONG BUY and don't sell looking for profits in potential corrections.
All the best for reall ITV shareholders.
Jedclampit
No prob. We all pay taxes.
I think and I think that it is not only my opinion, that taxing Stock Market in this way which we are seeing in UK , that is a wrong decision. In most of the countries we have less than in UK tax level, especially when we are talking about long term investment. Sometimes we have one tax on 15-20%, huge free of tax investment allowance, non taxed long term investment, etc. In my opinion this is much more profitable for any country's economy. It's build a strong market and attracts new investors and, above all, new companies. Currently, the UK has an erroneous tax policy towards this market segment, based on socialist thinking and not on rewarding private investments. When understanding the needs of the state budget, one must see its effects of this politic. These effects include a huge, several dozen percent undervaluation of companies in relation to the largest markets in the USA, France or Germany. And this results in the flight of both issuers and capital from the London Stock Exchange. These are much greater losses than the gain from increasing taxes in this area. Today, subsequent issuers are talking about moving their listings to New York, Frankfurt or Paris. Soon, due to the legislator's erroneous actions, London Stock Exchange will become a small local market.
Rebuilding its position will be, if not impossible, then certainly long-term, difficult and costly for the budget. And those in power should finally understand this. Because populism in this area only brings financial losses.
Jedclampit
I topped today at my ISA account.
If you are talking about me, please BEFORE read my posts.
As I said... I will be happy to paid 50% tax rate in this tax year, because that would mean I was right to invest in ITV
And when I am reading opinion that someone does not want to pay dividend tax because the free amount in the new tax year has decreased, I can understand that. But I pay my own taxes, knowing that they may not be fair, but they are necessary. In addition, I will be happy to pay 50% tax, if it means that my income significantly exceeds £50k per year. Somehow I don't have a problem with it.
Jedclampit
In my opinion after divi is less than 20% chance that we are able to see a price under 70 pence. Please look at the share's volume at regular time, ...
Like I wrote .. lots of investors have a hope that they are be able to re buy cheap than they sold before divi.
One more
I think that most of investors are underestimated buyback, which as for myself is slowly but it has a very large impact on the share price. It is both a price stabilizer and protection in the event of greater share price declines, and it drains the share supply market by forcing the price to increase. As I said earlier, I assumed that 20-25 million shares could be purchased at a price level of up to 75 pence. We are now reaching this 20-25 mln of shares buyback level. Although the buyback took a less aggressive form than I expected (and this is probably due to the agreement between ITV and the intermediary), the decreasing supply forces the price to increase. And now ... psychology. Some buyers are clearly counting on a sharp price drop after the dividend date. Moreover, some of them also believe that suddenly there will be a large supply on the market, accumulated at these price levels and over up to £1 several months ago. However, I think that they are wrong in both assessments. In addition, they forget about the issue of inflation, naively believing that someone who bought ITV shares for £1 a year and a half ago, when they reach this price, will willingly and with relief get rid of this investment. I think the opposite. When waiting this long, common sense dictates that profits should be realized at a large discount, certainly exceeding the accumulated inflation. So we'll soon see who was right. In any case, I made exactly what I assumed.
All weekend long stupid discussion with a troll.
I am happy myself with Monday. Although I'm still wondering how the order system works, because theoretically I should have bought it a little cheaper, but I've got it over with now. Topped £20k on my ISA account and much cheaper than I expected 2 weeks ago.
Now let's get to my predictions. It was already cheap. A 5-8% correction in the ITV price after the ex-dividend date is still possible, but I believe that the lower limit of the decline was the range of 69.5-70 pence with very little supply. In reality, the decline had a chance to occur (and still does) if the price on that day reached a level of around 80 pence. To tell you the truth, I assumed that I would decide to buy shares before if the price was max. 85 pence. So I consider today's purchase a success in my long-term investment. Forecasts for the end of the year are rather unchanged, i.e. £1.2-1.5. Here, as usual, we depend on the market environment. And if the war situation does not worsen, oil prices stabilize at current or lower levels - I assume the beginning of a reduction in interest rates in the UK in May/June, increasing revenues in the ITV advertising segment and the exchange rate quickly heading towards £1. As it grows, investors will remember ITV, but also the FTSE 100 index. Because ITV's return to the index this year is unlikely to be inevitable.
I wrote my predictions about price after divi (any drop dependence shares price on the end of 11/04) and a possible drop after this date in the TWO maybe three working days.
I am not said that I am selling.
Please to remember:
Russian trolls will stay always just the trolls.
Everyone need to take own decision, as it feel and as the risk which is accepted
I have long term point of view on the ITV. Nothing changed. Easy to find in my comments. I always write the true and what I really think, according to the principle "better shut up than lie". This is my life rule, one from the lots. I am keeping my short term invest plan for yourself, which should be understandable to everyone,. In this matter don't worry I will said about it after facts.
I have up to 250k ITV shares on my both accounts.
I don't invest money on someone else's account. It is too stressful, limits investment options and, above all, requires specific qualifications and licenses.
All the best for everyone real ITV shareholders
Once again
As I see Russian troll keeps duplicating his accounts. Apart from that, unfortunately, there is no point in discussing it with most people on this forum. Stooping to the level of thinking of a Russian troll would be stupid. I suggest turning on your thinking. If there are problems with this, just recalculate the balance of your own wallet. And look at the impact of the decisions you make based on the stupidities written by the trolls here. Maybe this will help and restore your thinking a little.
Trolls, trolls, trolls ... the happy id***s with multiple accounts
Fortunately without any huge without any significant impact on ITV and its shares. And real investors should once again be advised to be patient. We've waited so long and another few weeks won't make a difference. And let the trolls keep their tongues open and make your nonsenses, because we who actually invest in ITV will soon enjoy the dividend, and it will also be time for the share price to improve. And trolls only will remains is stupid discussions and accusations.
( ...not to heat up the share price )
I expect lots of good news in May same from the market like from ITV. Buyback made in this way is much more beneficial for long term shareholders, giving them a chance to buy a larger number of shares.
Carrington
I agree with you.
Just topped up too.
As for me... I am happy. I hope that up to the end of this tax year we will stayed on the level under 80p. Good for my pocket, not for the Taxman. :)
Patience
But realy nice to see when speculative investors selling ( because should be cheaper....) and MS doing good job when trying do not hit the price.
LWHL
I hope you be right about 75 pence. But unfortunately I am realistic and tha what would be very welcome and desirable by me has only chance to come true if I look at it realistically and evaluate the market. In this matter under 30% chance. But we need know...
As for me 60 pence in the Summer looks like a snow in Africa... Just want to said: sell your shares asap because your divi will cost you 4 times more...
How to sell something what we don't have in our portfolio?
Possible !! ... if you're a stinking Russian troll.
Up tio the end od the May - half of June ITV shares should be about £1 or over. Why ??? Just think, use yours mind.
All the best for the real ITV shareholders.
Show your finger to trolls.
Be patient.