Member Info for smalltrader

Another theory of mine is takeover :-)
I still believe that the results do not warrant this drop. From a high of 124p y'day morning to 114p today, which is 10% drop!!!

Certainly results are not the reason for such drop.
Games are being played. Unless there is bad news on the market for ITV, there is no way we can be made to believe the drop.

So going back to my theory, there seems to be a takeover being planned behind the scenes. Why would you postpone dividend payment to next year. Rolls Royce with some billions loss said that they will look at dividends next year!

With ITV having so much cash in hand and less 460m debt, it just doesn't add up so something is brewing. IMO.

A bid for 160p at current price will seem reasonable and Dame being weak, this is the time for the bid for a cheap takeover of ITV.

Rightly said DB. Their energy business is another mamoth one so comparing Tesla with BMW or Ford or other chinense companies is silly.

Also I can wait and see till next year how it all pans out.

Moreover, Micahel Bury opened his big short in March but not much damaged has been done. There will not be.
For over an year, the cry about overvaluation has been going on but the price has only gone up and many shorts have been burnt.

As long as Elon is doing the right thing and continue his good work, people will invest into Tesla. They are not making loss either. Giga factories coming online by next year. In my small town away from London, I see Teslas every day.

Even pension funds across the world are piling into Tesla just like how they buy Amazon and Google. With each fund having only fixed allocation of funds into certain companies. So along with Amazon, Google and Microsoft, big funds buy Tesla first than Netflix or Facebook as these don't offer the growth that Tesla offers.

Unless fundamentally something goes wrong, I see the price at around $700 and as soon as the other businesses come online, price will go much much higher.

nothing warrants this drop.

Some one is offloading and making a way for another to load. I think it is buy the dips time for us PIs.

well except for disappointment with dividends, atleast a 2p special dividend, would have been good but otherwise there is nothing bad with the results.

Not sure if the drop is due to lack of dividend payment in 2021 or someone is offloading for another to make way to load cheap?

Wonder what more market is expecting. Dame confirmed that they are in talks with BT Sports. Although not a takeover but as a partner and if ITV can gain rights to more sports then that will add to the advertising revenue and that is a good step.

We have World Cup ENG matches all of them on ITV, which is good. Qualifiers from September.

If ITV can do some studio deals too then that would be fantastic. With so much cash in the bank and no dividends, debt being low, Dame will be pushed by major funds to do something and I think something is on the cards. It seems to be all hush hush and shush shush for now.

But personally to me, Dame needs to go. She needs to be replaced. Market can see that she is not doing much. Only credit she can claim is steering ITV out of the pandemic, which again she didn't had to do anything extraordinary to pull ITV out.
We need someone who can create some buzz about ITV.

Tesla is not just making a car but it has other businesses too and market thinks that these other businesses have massive potential too. For example,
- they can get into insurance as they are collecting all the data on the vehicle.
- they have over the air software upgrades that requires a software subscription service, which ICE manufactures do not have?
- they are expanding battery charging stations , which they are planning to lend to other manufacturers for a fee.

Moreover, Tesla cars are like Apple Iphones. There are so many phone manufacturers but worlds wants Iphone and same is with Tesla. People feel luxurious buying Tesla than a small BMW Electric car :-) Tesla is also going to produce $25K electric car!

To me, Elon might even merge SpaceX at some point instead of making Spacex as a separate listed company.
It is less hassle for Elon to have both under one company.

Ofcourse some of the above things yet to be materialised but market is considering the potential for the above businesses and even if one of them gets into full operation then Telsa price can easily go to $1000 and above.

there are 4bn shares in issue so if a dividend of 1p is paid then cost for that is £40M ? and it is £120M for a 3p dividend.
We have £704M cash in the bank. Debt is not high at all to worry about.

They could have done a one-off payment this quarter to please the shareholders.

Dame wants to save the money but she needs to tell the market what is that she is trying to save for.
She can do some big acquisitions by borrowing some more money if needed. Pushing the dividend to next year is not at all liked by the IIs invested in ITV.

Anothe way to look at is that big funds can load up now as the price is cheap and dividends are coming at some point and ITV is a safe investment.

As many said whatever is posted here doesn't have any impact on share price so all those who are invested in CINE, please reply back to this thread with
- your target exit price
- movies that you are planning to watch or the ones that you are waiting to watch
- your avg
- anything positive about CINE like your movie experience

Spoilers/derampers please do not bother to reply to this thread as anyways you don't believe whatever is posted here will not impact SP. But you can reply if you think our posts will have impact on SP :-)

Amazing news LPD. Thank you for sharing.
10-15% rise tomorrow could be on the cards.

Covid news and streaming news took our price down from 80s to 60s so we deserve to go back to 75p atleast.

Hope you are enjoying your Staycation LPD.
I'm planning to go with family to watch Jungle Cruise in 3D this weekend.

If they raise now then it has to be a discounted one, which means they get less money compared to the equity raise at a higher price like £1. They didn't raise one when the price was at £1.20 so they won't do one now. IMO.

Also they have issued bond with an option to convert at a price of £1.28 so they will be ****ed off if the new equity is issued at 60p?

I do not think all the FTSE 100 companies have restored the dividends to same as pre-covid levels but their share prices are almost back to pre-covid levels. Barclays gone up to 195p and do not think it was 195p precovid?

Pre-covid price just before the crash last year was 155p so we should be atleast 130p and not 117p.

With full dividend restored like in the past, SP should be ateast 185p.

is this FTSE100 or AIM company?
From 124p to 116p!

WM2020, can you explain why it dropped from 124p this morning to 116p?
I think 50% of the market did not expect any news about dividend as they did not mention in the previous updates.
Today they announced it and rest of all the update has been quite good too so why the drop? What is that market did not like? Utter manipulation....

when every investment advice states to hold for long term, big funds still sell in panic dragging the price and buy back again.
There was no need for panic few weeks back taking the price down to 88p and now back to 102p! If all those who sold had held back then we could have been now at 130p right?

looks like 67p will be broken today comfortably.

Last week, it hit 71p after a 5% rise. Don't see any major headwinds this week so let's see if we will see 71p.

"
Dow futures and ftse trading lower pre market despite our falling cases, Hang seng down, so wouldn't be surprised if there's another sell off today.
"

JG68, you started the day with a sell-off statement and we ended with over 5% rise!
Sorry your scare tactics did not work :-)
Ofcourse you posted your holdings with loss figures etc but anyone can edit those figures :-)
I would have believed you if you had said

Hopefully you don't come up with such silly posts next time.

Cases are dropping and deaths are still in low double digits. Markets got it wrong last Monday so surely must have learnt a lesson. With school holidays started, weather not so great either, all major sports events done so cases should drop even further day by day. Should be a good day.

" Looking ahead I think the cinema landscape had changed - alot of independant cinemas who cant access money like a corporation can will cease to exit, and rivals with less profitable estates than CINE will also have to trim their loss making sites leaving the most profitable cinema well positioned. to me this points to an unusually good ahead sales year for CINE.
"
100% agree with you! CINE being the second largest cinema in the world, will benefit from the box office revenue when smaller cinema chains fold.

Excellent research LPD. Thank you for taking time to share the details.

Clearly Times reporter did not do the research that you did. Not worth wasting our time on that article.

I will ask my friend to contact Times to publish his laptop refund issue with Microsoft. Let's see if they will publish it or not....

Cine is running several thousand screens across the world. Many of them are on lease. Southampton could be one off. £1M is not a big amount at all but media wants some story.
My friend is fighting with Microsoft for a refund of laptop. He is now thinking to go to court! Can this be covered in Times please.

I don't think it is related to index.
Cine is down by 40% just within 1 month. I don't see NEX going down by that much %

There was no single RNS about anyone selling. All the big funds are holding and they are not worried about the imaginary high monthly cash burn mentioned here or the other scaremongering posted by some snakes here.

It clearly is manipulated.