Member Info for Strike123

I sold out yday after waiting for years to see 75p and now it looks like it is going there as I sold?

It is much easier to hold when in loss than trying to get in when it is rising!Well let's see what happens at the end of the week. Still Israel looking to retaliate and that is my concern.

Agreed that free to air is dead but all the ads are now on ITVX too. People are now watching ITVX and less terrestrial tv. As a media company they can only invest in studios and streaming with investment in ITVX is almost done. Just need the streaming numbers to match with what dame protected at the start of the investment in ITVX. These numbers are getting there as per the last update so overall not bad in my opinion with the progress and there is also cash now for buybacks. 80p easily by June, which is another 8 weeks away.

Biggest for me this year is Euros. That will bring in good ad revenue similar to World cup 2yrs ago. By June we should see atleast 80p.

I thought China news on their improving outlook of their economy will boost metals combined with ban on Russia. Is the drop just temporary due to the Israel/Iran war?

With Powell signalling today saying they are not in a rush to cut the rates so will this also help FRES?

Fog, I like your sarcasm. I have seen some trend with SP rising before ex dividend and then it falls more like you said after ex div. My bet is that interest rates will come down and demand will pickup like Pokerchips said. It is all ifs and buts. You need to take chances but never go all in at once.

That's Great BigEgo!

Recently I was researching to invest around £100k into funds but your approach with investing in dividend stocks is making me think about my investments. FTSE companies are way too undervalued and US top tech companies are always a concern considering their high valuations. Safer play is FTSE 100 companies as we get dividend and valuations are low but they remained low now for several years! Atleast they can't go too low than what they are now? ITV, Lloyds, BT, GLEN,RR,EZJ,IAG etc

If ITV can do RR this year then that would definitely bring more investors back to FTSE. RR last year rose by 200%! I think this year it is IAG turn AIMHO

GL

Well done BigEgo on your ITV shares!

I wish ITV SP hits £1 and your 910k shares make you millionaire! Where do you see ITV share price by year end?

JWBellamy,

You are trying to hard talking this down.

I can't see this going down any low.

Price will start to move as we get closer to ex-dividend date. Interest rates will come down. Any lower then am a buyer.

"CPI and core hot again. PMs, you know what to do..."

If inflation is high then interest rates stay high so demand for PMs will stay low? or is it other way?

With gold, it goes up when inflation is high as that is considered safer haven than equities so gold goes up with inflation but not other metals?

Nice timing!

Also markets are up after CPI report surprisingly!

I remember from an another share chat board that buyback will not kick in unless there is a drop of 5%. It looks like buyback programme runs until next year so there is ample time. Personally I would like dividends than buyback as a dividend announcement would attract more investors but also agree that cancelling the outstanding shares is a good outcome from the buyback.

Prospects are improving so can't see a drop or a new short opening. Infact a short position almost closed last week. Today's US CPI number determines the direction of SP for FTSE and US indices. If CPI number is good then ITV too will rally to new high this week otherwise buyback will kick in to support the price hopefully. GLA

Shorts burning considering their entry and now have to close sooner as momentum picked up with ITV share price.

when the shorts close, can see this going to 90p+ easily.

Exited final position around 70 - GLA - keep the faith.

You could have held on to your shares bought under 60! This is clearly going to 80p atleast with media now calling ITV at bargain basement price and talk of takeover!

Great day for ITV shareholders!

If this rise is stamp of approval for the business direction towards streaming and content generation then SP should go back to £1.20 as it fell from there after the announcement of ITVX streaming launch. It fell at that time as days before that Netflix had lost some good number of subscribers and Netflix lost billions in valuation and that impacted ITV too after announcing ITVX.

Now in today's results ITV confirmed that they are on target for £750m of digital advertising!

This should race back to atleast 90p if not £1.20 IMO

68p close indicates it is going back to 70s in the short term. Dividend in April. I'm loaded up!

GLA

Dividend intact and share buyback, super combo?

If the SP still declines then pure manipulation of SP!

Bloody hell I should have stuck to my instincts. Seeing it rise above 500 and down a little in the morning to 497 so thought it is a buying opportunity considering gold price going up.

Numbers didn't look good for last year but I believe this year and next should be good provided China starts to investing more to boost their economy and not to forget India is growing super fast and will be for next 5yrs as per the forecasts so let's hope metal prices go up!

I will take dividend and will now have to avg down but no worries just bot annoyed to get my entry wrong and money is stuck. Will wait until this volatility settles down this week. I think 476 should be bottom considering dividend to come.

Yeah I was checking many websites and the RNS didn't land until few mins ago.

2023 numbers don't look right compared to 2022?

4.5p dividend declared

Which way SP will swing?

Anyone know when the buyback starts?

Looks like shorts opened considering buyback will buy the shorted shares?

The article says mcap is down by 40% from the precovid level so too get back to the 2019 level(14bn)it has to go up by nearly 80%? So there is an opportunity here for SP to go higher by 80%. Just need patience for a year? Atleast 20% higher bare minimum in the short term but this can happen if the next 2 quarter results maintain similar fcf until then trade this share. So if it goes to 140-143 then jump in...

NuckyT, I remember the dreadful situation you, me and many others were when the price went down to 65p. I had £30k invested with avg at 127p and couldn't add more when it was down and sold most of it once it was back to 127p as this money was my redundancy payment! Now look where it is now!!! I was right in thinking that Rolls was in bargain when it was at 127p but couldn't believe when it was "taken" down to 65p. My wife says am the kiss of the death! I knew that the minute I sell, shares will fly and that exactly what happened "again". Bloody lost out the big opportunity but atleast I did not sell in loss at 65p! I now have just £5k worth at £2 avg. But clearly it was the shorts that took it down despite knowing that EFH will recover and that was the reason I didn't sell for loss. I can't see shorts jumping now considering cash flow to double.

Rolls price is only back to pre-pandemic level. There are many shares that are 20-50% higher than their pre-pandemic price so Rolls, EZJ and IAG are still in recovery with latter ones due for a big recovery. RR is sure to enter narrow body aircraft market soon and that will be a big boost to the further upside to the share price. Add to it SMR then £5 atleast is achievable IMO. GLA