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“Everyone watches Netflix, Prime or YouTube these days”. What absolute rubbish. You will never replace live television. I bet there are millions of pensioners who don’t have access to these streaming services and probably have never heard of them. Even so, I think a mixture of streaming and terrestrial will be the way the majority will go for many years.
I think the figures from ITV were excellent. People are talking as if streaming services are the only way forward and terrestrial and satellite will cease to exist in the next few years. What absolute rubbish. There will always be the need for live tv services from bbc and itv and itv will remain very profitable. I think when people assess the low p/e ratio and increasing profitability of itv, it will soar to at least fair value. Whatever you say something or someone is keeping the price artificially low but they will not be able to do that forever.
This is a complete joke. Stellar results and the price falls.
How foolish will they look after the results
You’re talking about a company with a likely revenue of £5 billion and profit around £500 million. Ridiculous talk about share price going back to 64p. Accepted that today is a bad day when the market is down considerably. I still have every faith that the half yearly figures at the end of the month will be stellar and the share price will move up accordingly. Keep the faith and do not panic.
I’m talking about shorters/sellers NOT those wise enough to buy/hold.
Many fingers will get burnt when the results come out. Serves them right!
I am just waiting for some very very bad news about ITV and then , no doubt, the share price will go up dramatically
5eightsaccount do I detect a note of sarcasm here?
As a very inexperienced investor I am at a loss to understand this share price. It has a very low P/E ratio and is clearly in the middle of a huge increase in revenue and yet, even when the Index is moving higher, this share moves lower. Does anyone have an explanation or is it simply manipulation by the market makers. It is interesting that the volumes have been very low with very few buyers despite the promotion to the FTSE 100.
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Can anyone explain why ITV is still listed on the Ftse 250 whereas Royal Mail is listed on the Ftse 100?
I expect a fall today as last day on ftse 250 and funds will be selling their holdings. However, expect a significant rise on Monday as first day on ftse 100.
How does it work when a share is promoted from the ftse 250 to the ftse 100? Are any funds which are invested in ftse 250 shares obliged to sell any holdings in ITV and will funds specialising in ftse 100 shares only be able to buy these shares after 21 June?
Yes
Interesting that The Naked Trader puts ITV as his top stock for a takeover.
Even if ITV is not taken over, surely it is good for them that their streaming competitors are burdening themselves with billions of debt to increase their content when ITV has the facility to increase content substantially with their own productions and programmes.