George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I bet a fair few stop losses were hit with the "flash crash" in the last hour... Wouldn't be surprised to see 110+ on Monday should a Brexit deal be achieved with a good chance of being passed in both the EU and UK. AIMO, please DYOR.
Good luck to all holders! Regardless of what happens next week I am still bullish for 2021 with ITV.
Could this have been a free shake before a deal is announced? I was most concerned to see the sharp decline probably hitting lots of people’s stop losses on stocks? I expect the week ahead to be volatile but a huge rise should a deal be reached. AIMHO. DYOR
Got to love a 3 moth prediction... My mistake :-)
Hi All,
I'm saw a similar idea on another SP page and thought it might be a good idea here seen as we have such ranging views on the SP. How about a little prediction on the SP for 25th February 2021 and 25th May 2021? Winner takes the pride and the kudos?
Obviously this is just a bit of fun and not investing advice.
My guesses are as follows for market close on the following days:
25th February 2021 - 110
25th May 2021 - 135
Good luck, DYOR :-)
Very insightful, definitely one I'm keeping in my portfolio regardless of any bid or not. I envisage 100p+ post April and not returning to these levels again for quite some time, maybe the next pandemic? AIMO.
Very insightful 5eights, by my calculations 120p would take us into the FTSE 100 automatic promotion line... One can only hope for a 24p rise in the next 15 days!
In all seriousness, The March or June reshuffle ought to see us back there wouldn't you say?
Yes and as soon as the share price went slightly downwards he was parading around as if he'd won a George Cross... Even a broken clock is right twice a day and I'm not even sure that description would apply to him.
I wander how old Tom actually is, his tone is akin to that of a millennial troll on a social media site and so my guess is he's on the right side of 30 with little to no investing/trading experience at all... I suspect he's just getting a laugh out of the holders here whilst being furloughed from his job with nothing better to do. The danger with that is inexperienced traders/investors can be easily swayed by such negativity (that's another debate) and so please for other peoples financial sake I hope he stops posting unsubstantiated drivel.
I'm in for a few thousand shares at an average of 75p and truth being told I didn't envisage a rise this quickly to highs not seen since March, however with the multiple vaccine news (which will only increase) and the company falling from near 140p before the CV-19 market crash one would still expect we have a long way to go north considering IMHO revenues will return in 2021, debt is lowered from 2019, dividends to be reinstated (only a matter of time), bumper sporting fixtures in the summer of 21 and a new internal shakeup to refocus efforts into sustainability in the future... Oh and not to mention £400,000,000 in the bank to hand too?
It is tempting to shed some of my shares at todays prices but I ask myself what would I be more upset about:
- Selling early and banking 30% profit or letting it slip
or
- Waiting 12 months and reaping 80-100% profit
As someone here said the other day "never invest what you aren't prepared to lose".
All the above being said, its an exciting time to be a shareholder in ITV, I'm keeping my shares and not considering anything below 120-150 even if it takes 3 years (which I don't think it will). GLA. DYOR. All the above is merely my two pence on the matter.
Very insightful and always 5eights, I'm torn between taking a gamble and doubling my holding in ITV within the week or just sticking with what I have (averaged in at 75p). I remain bullish on the stock for the next few years and only see an average upwards trajectory from here but find it hard to buy in at 90p when I had so much opportunity to increase in the 60s.
The above being said, I contradict myself by envisaging 120-140 levels within the next 12 months especially if ITV comes in for the year around only < 25% down overall? Reduced debt, a change in structure and the Britbox prospect is getting more appealing by the quarter... Could we even see a push to 200 in the next 5 years? In the near term 2021 should be packed with blockbuster sporting fixtures and travel companies et al will be keen to ad verities to make up the lost revenue in 2020.
Also, £400,000,000 cash to hand it very pleasing to read and I too believe we will be back in the FTSE100 on the next rotation or at the least the subsequent one.
Just throwing things out there, would appreciate critique on my comments above. AIMHO. DYOR.
Yes the do Nige, from day 1 we all knew it would come down to the 11th hour. Boris wouldn't really throw out a deal over fisheries which contribute 0.1% of GDP. The Biden win will if anything add a little more pressure on BJ to secure a deal as he has already said he doesn't like Brexit and would effectively favour the EU over Britain in regards to trade. DYOR.
Alex I couldn't agree more. Buying at anywhere from 60-90p levels will easily net you a healthy return if you are a patient investor. If anything I think it is always harder to sit on a gain then a loss though so I can understand the caution from GoingLarge.
I myself am very bullish on the stock and when I brought in at 71p I was aiming to hold until 2023. I am still aiming to hold for many years as it is my view that a Brexit deal will be done and come 12 months time the coronavirus pandemic will be murmuring in the background not posing a threat on the scale it has now. Biden will bring calm to recently raised international tensions and the FTSE markets will be rising nicely. I struggle to see an event that will depress stocks back down to the March levels now should we get a Brexit deal.
AIMHO. DYOR.
5eights thank you for the insight as always. Could this morning possibly be the start of that "tree shake" to weed out the weak holders with a small price increases do you reckon? Otherwise I struggle to see why we are doing so well this morning?
My Prediction: - US Election Result goes to Biden, then the Trade Deal with the EU to be announced at the 11th hour, then finally the vaccine announced and rollout to commence in Early 2021.
If the above happens I don't see a reason why the current SP will be met again for years to come. It's anyones guess where this could or could not be but if my prediction of the above is to be correct I'd expect us to be easily 40p+ in summer with dividends reinstated on the back of possibly one of the (if not the) biggest market rallies in history due to the increased volume of RI across the globe now not leaving their money in savings accounts at current levels. I for one would not wish to miss out on that.
AIMHO, DYOR. I would welcome others views on the SP in the mid-term and also on the "tri-factor" noted above.
27th October at 11:17am
I'm so pleased to hear the JV has been cleared but we could have seen this coming? I'd expect a modest gain today and a boost to morale for all of us holding but no crazy rises like we saw in May. Obviously I'd be happy to see 50p levels again as currently I'm sitting at a loss but I don't imagine we will until at least after the trading update in a fortnights time and the virus situation for the next few months becomes clearer in terms of vaccines, support for the sector and restrictions. AIMHO. DYOR
For transparency: I originally brought in here at 30.1p back in May with view of holding for a few years and got a pleasant surprise towards the end of the month causing me to sell at 65.5p... However, when the share price dipped below 60p I started to buy back in and am now calmly sitting on a loss.
My question: We saw a huge rise when the JV was announced in May but since then the SP has slid massively as time has passed (as have most in the UK markets), so, once the JV completes do we expect another rise or do we think the JV is already entirely priced in and the share price has been driven down purely by factors not relating to the JV?
This all makes for some very interesting reading, 5eights I thank you for the link on the previous thread.
In my personal opinion all the "large buys and sells" were just the tracker funds from FTSE100 and FTSE250 sorting themselves out as ITV transitions down to the second tier.
I'm all for ITV's price increasing but I think this is a slow burner and will be holding for a few years yet. Always remember to do your own research.
Fairdealer, The following I quote from the CMA document - "Marston’s has, therefore, failed (with or without a reasonable excuse) to comply with a requirement of a notice under section 109 of the Act.".
It would appear you are of the assumption that there was 'No reasonable excuse' for the delay?
Decided to stop by a pub in the West Midlands after a morning trekking on Wednesday (The Generous George) which looked presentable and was packed with people (socially distanced on tables) but with a good atmosphere. We arrived approx 12:30.
Upon entering I realised it was a Marston pub. I was quite impressed with the uptake of the EOTHO scheme and I must say for £5 the steak and trimmings was delicious. Beforehand, management quickly showed us the COVID protocols and we were escorted to a table near an open door due to the heat (possibly to help with ventilation as-well). Overall all four members of our party were happy with our meals and service and I asked them if we had come on a THU/FRI etc would they have all paid full price to which they said yes (me included).
My point: - I'm intrigued to see what management will do to "improve" the pubs in their "new strategy" when it becomes available as we had a great experience all round anyway at present. Does anyone have any assumptions as I know not all pubs will be the same.
My secondary question to follow holders: - Are you bullish on Mars moving forward or bearish once the pandemic is behind us assuming the JV closes in Q4 and the management view (when released) is as previously stated via the RNS to focus on improving the pubs?
Does it retraced for two months straight... This is a long overdue rise after that squeeze on the sector IMHO.
Upon watching a YouTube video earlier I got shown an advert for ITV Hub. Has anyone else noticed them advertising their own content recently?