Member Info for stuGGTTH

My thinking is that at current prices (I got in at 55p) ITV is a bargain, if things carry on as usual I'm on a decent dividend, if they become a takeover target then the share price will undoubtedly increase.
I read recently that ITV bought Plimsoll Productions and learned that they are one of the world's biggest natural history TV production companies, deals like this make me think that there is a place for ITV alongside Netflix etc, who are always looking for content.
Stu

Agreed, JET2 have been affected by market and probably sector woes without really deserving the SP nosedive.
I had these when they were called DART, and thought I had missed my chance with JET2 until recently, so thinking myself lucky to get in at 706p - sure they might go lower, but they'll recover without a doubt.
Sure there is a degree of uncertainty out there, but JET2 don't have much competition currently (Thomas Cook gone and TUI scrapping the trusted British Thomson brand), giving JET2 an 'open goal' - more than making up for cost of living concerns, which might have hit bookings.

Scaff - as if to reinforce your post, from JET2 website...

https://www.jet2plc.com/news/2022/11/ATOL_licence_increase_shows_continued_success_of_Jet2holidays_

All looks very positive, pity they dated it 07 Nov, instead of 07 Oct!!

Stu

bald_eagle - ITV is far from unique in having a dented SP currently - macro conditions have knocked down indexes across the globe, so to use ITV's low SP as evidence of business weakness at the moment, is frankly wrong.
At this low SP, and therefore market cap, it's easy to mention ITV as a takeover target, but the same could be said of many other businesses who have undergone similar (temporary) SP declines - if ITV are, in your view, such a poor proposition, why do you rate them as a takeover target? Generally takeover targets have a bright future, yes??
Either ITV is 'an absolute bargain' or a (rudderless)'ship', so either ITV is amazing or dreadful? It's never so binary, when investing surely?
Personally see ITV as a consistent profit maker and dividend provider, with huge upside to SP and business opportunities - they have been buying other production outfits, for example.
Commercial Television will never, ever become obsolete. Freeview is the UK's biggest TV platform.

Posting made in good humour, I have no problem in being corrected if I'm in error.
Stu

Not a chatty bunch then? :-)
I am mindful that there must be longer term holders than myself, who have endured watching the SP slide, been there, not pleasant...you have my sympathies
Was glancing at MONY's H1 results from July - 'performance was ahead of expectations, with a stronger return to growth in travel insurance and Travel than expected' - I'm thinking that sounds positive for JET2 also, so looking forward to our H1 results in November.
Stu

I'm with Basil on this one, P/E is at 3.85 which is better than the vast majority (current PRICE /last year's EARNINGS), and H1 results reported £219m pre tax profit, up from £133m last year.
H2 will be better than H1, as is usual, because of Christmas etc and also World Cup additionally this year to boost the coffers.
Interim 1.7p divi gives me about 3% alone, Final divi might well be improved on last year's 3.3p, making Basil's 8.6% possibly a conservative figure going forward??
Haven't even mentioned the possibilities from BritBox and ITVX, remains to be seen, to be honest.
Stu

What about JET2? According to their website 'UK's 3rd largest airline', they'll grab market share imho

https://www.reuters.com/business/energy/opec-has-begun-talks-output-cut-oct-5-meeting-opec-source-2022-09-29/

Stu

Further to posting earlier in the week, I bought in to JET2 more fully a few days ago, now averaging 706p, down 1.48% currently.
Reputationally JET2 are second to none at what they do, by word of mouth, which will lead to a great deal of repeat custom.
I like the fact there are only 214m shares in issue, and also, unlike others there was no raise due to covid and its ramifications - points to the fact that JET2 are well run...
Current SP a steal imho, will 'bag' from here in a year or two maximum, maybe sooner depending on the H1 figures, to be announced 24th Nov apparently. SP was a year high of 1434p.
Hopefully SP recovers a bit next week, as the recent 'drama' abates, returning to a semblance of normality.
Feel there is not a lot of competition to JET2 currently, should lead to greater market share.
Any idea why JET2 is still in AIM? SP would surely get a boost in the FTSE??
Debt figures look OK, anyone with a better insight than me?
I probably forgot to mention something, but that's my tuppence worth for now.
Stu

I conversely actually added, albeit modestly, today - I plan to monthly buy for the forseeable future, I think these are one of the better UK shares to buy currently. Not a great deal of competition as far as I can ascertain.
JET2 website announced Greek expansion today, not the action of a struggling firm imho
Stu

To be honest I'm intending re-investing my GKP dividend too, buying more shares makes sense to me - I'm averaging 240p and I thought that was cheap, but current levels are a steal, surely?
The company has demonstrated confidence last month by repaying $100m bond a year early, and since GKP have paid dividends every couple of months this year, its surely a possibility we may receive another before years end??
Plan to long term hold GKP
Stu

It amazes me that the big Film Studios have not snapped up chunks of CINE - surely its in their best interests for CINE to survive??

Apologies if this has been suggested before, I neither hold CINE shares, nor usually follow this board

Good luck to all holders

Stu

However, buying and selling shares will probably involve capital gains (profit) which would be made as a result of the company's business activities influencing the share price. Ditto with Dividends, the company's business activity generating profits.

The UK Govt sees Evraz business activities as unsavoury, hence the sanctions

Morning EasiWynns

It's my understanding of the UK Government sanctions regarding Evraz, that UK citizens cannot currently conduct any business with Evraz, nor regarding Evraz (share dealing, dividends etc) irrespective of what Evraz have stated themselves.

In a nutshell its what UK Govt is saying that's important legally, not Evraz

The way I see it, as a UK citizen with suspension and sanctions in place regarding Evraz, it makes no difference if I hold my shares in certificated form or through a broker currently, neither option gives us the latitude to actually conduct any 'business' with our share holding - we cannot buy or sell these shares, nor collect dividend payments, for example.

But, as/when/if things return to 'normal', however long it takes, my holding should still be in the ISA wrapper and should therefore benefit from the tax position it offers, whereas certificated form does not.

If I should take certificated shares, and Evraz should relist in say Dubai, as mooted, as a UK citizen I would not, legally, be in a position to benefit financially until sanctions are lifted anyway, and would be subject to taxation on capital gains and dividends (which conversely I would not through an ISA) when those sanctions are gone.

That's my understanding anyway, I would be happy to be corrected if I'm barking up the wrong tree

Stu

With all due respect AllFunAndGames the questions you have just asked have been asked daily (and answered daily) since the RNS on 18th July almost four weeks ago, have you not formulated any opinion on the matter yourself, given the amount of discussion devoted to the subject??

Personally staying with the broker in my ISA

Stu

The Dividends will have to go some, I'm down 40% in 6 weeks in CASP - I decided to hold as surely there will be an uptick when some sort of pay out is announced

SP decline due to 'investors' like myself being possibly impatient and jumping ship - lots of good buys out there, but I'm not prepared to kiss goodbye to 40%

Apologies in advance, not feeling overly optimistic re my holding in Evraz...

18th July - Computershare notifies EVR of termination of share registry - those receiving share certificates will have their holding administered by Evraz, except Computershare will still be involved, so what's really going on there??

4th August - Healthy H1 revenues only produce $6m net profit a drop of 99.5%, not really buying it personally, it does not ring true.

10th August - Evraz looking to offload north American assets, highly doubtful us lowly shareholders will see any monies as a result, more likely the company will inform us that the revenues generated are needed for cash flow purposes.

Assets will be all Russian before we know it and EVR will exit LSE, and through a contrived set of circumstances we will be left with nothing

Discuss...

Never a dull moment...

HL do live prices, fyi