Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Not only have you got a top level number of downloads of ITVX you just have to look at super value at this level. 76p a share now gets you a minimum 3.3p final divi paid in to the bank in 5 months time. That's 4.34% in 5 months which is equivalent to an annual interest of 10.4%. Plus any upside that the shares achieve over that time. I say upside as the floor seems to be settling here at 74p consolidating before the next push up.
Solid NAV underpinning recovery cycle here. Share buybacks have reduced shares in issue and business is getting back on track. Short horizon here means EPS can jump dramatically on contracts secured due to nature of business. Freehold was last valued ages ago and must be well overdue for asset revaluation. Solid with scope to surprise given decent finals and a 2.2p final dividend. Worth a lot more than current price on fundamentals and services to gaming and EV industries.
For those who missed it, this is a good summary of the advantages that ITVX offers constrained advertising budgets.
https://www.prolificnorth.co.uk/news/advertising-news/2022/11/itv-reveals-more-high-tech-ad-intelligence-options-ahead-itvx-launch
ITVX will represent the most important change in ITV’s offering since the advent of digital,” J.P. Morgan analyst Daniel Kerven, who has an “overweight” rating on ITV’s stock, highlighted in a Nov. 3 report, in which he touted the new streamer’s “expanded content offering, improved user experience and better monetization.”
Continued the bullish expert: “It will significantly expand ITV’s content offering and will improve the user experience. It should drive increased consumption, and more importantly, it will improve ITV’s ad inventory mix.” Kerven has also said that “ITVX is the future of ITV” and, in a pun, has called it an “Xceptional opportunity
Far from being 'low key', a lot of work is going into consumer awareness and advertiser support.
https://advanced-television.com/2022/12/08/itvx-launches-with-major-marketing-campaign/
ITVX has launched the first British Sign Language (BSL) channel globally. The new streaming platform will host a station that only has signed programming and will be regularly updated with new material. ITVX will have subtitles for over 90% of on demand programmes....Metro
McCall has already signalled that she's looking at hiving off studios and 'feeling out potential offers' which is a cute way of soliciting the true value of them. Add to the fact that Planet V and AdLabs were targeted specifically in preparation for streamed advertising and that all the hard work Beta testing has been done....draw your own conclusions but current value must be well north of £3bn.....that's the value of Chelsea FC!!!
So many contributors fail to do fundamental research on their shares before making uninformed comment; apologies to those who obviously do. Go research all aspects of ITV, ITVX, studios, Planet V, AdLabs etc. Not just company info but extended evidence from advertisers and product users who engage technically with ITV plus worldwide extensions. Solid.
Streaming was the ONLY sensible option for ITV to take as viewing habits are rapidly evolving. The launch of Planet V as a techstack for advertisers was a prelude to the launch 2 years ago and has become a must have tool for them. Combine this with audience targeted AdLabs technology and you begin to get the drift. Studios is an excellent stand-alone profit generator as will increasingly be the media arm. If you like what is happening stick with it, if you don't, then invest elsewhere. Solid and embracing change. Few of the current detractors are putting McCalls building blocks together, go DTR.