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I will schedule a video chat with the Dame for later today. With a suitable replacement we could be getting deals like this done on a monthly basis rather than once every 6 years. Then the City would sit up and take notice if we had a CEO who actively traded. Bought media assets, grew them, flipped them and sold them at a huge profit. You only need one successful format (Peppa Pig) and then you can sell a studio for 100s of millions.
Solley's daughter yet again. His All3media and Liberty obsession..... All very relevant to the ITV Share Price.
I on the other hand am the saviour of ITV shareholders. It was my campaigning that brought about this action by the BoD. Tom of Wimbledon speaks and the Chairman listens.
Winnie you have the likes of myself and Contrarian to thank for this. Shareholder protests have kept the pressure up on the board to realise the value of the assets they hold. The Share Price has been made a priority again rather than handouts to chums in the studios to commission yet more gameshows.
63p. Awesome. I love the Dame for now.
Jed I am ecstatic. This was what I was hoping for from day 1 of Carolyn's time at ITV. It has taken 6 years but finally she has pulled her finger out and prioritised the SP and us shareholders. Who knows if reading negative sentiment on message boards has influenced this decision.
This is great news and you guys are quick. The story only broke 20 minutes ago? Exactly the sort of thing that was needed to support the Share Price. Should hopefully push us back over 60 today. Pogo's 80p by end of February might just be out by 1 day.
Mob rule? This is not inciting violence or abuse. This is merely asking for a leader who has repeatedly failed to resign. Stop rewarding failure. Stop rewarding someone who covered up for sexual predators. Stop rewarding someone whose actions were so poor that Parliament summoned her and she along with her sidekick Lygo repeated "no mistakes were made" and lied through their teeth, after having put ITV employees who worked on "This Morning" through persecution and trial by media for their association with Schofield. Holly Willoughby was persecuted as part of "Holly and Phil" by the media and the Dame left her out there to take the flak knowing full well that the press were gunning for Schofield because of his abusive behaviour and grooming of vulnerable men.
How many suicides on the Dames watch? She has failed in her duty of care but you would step up to defend her? Something she did not do for the many victims at ITV.
Laughable? So you think that nobody in ITV reads this forums? Tries to guage shareholder opinion? Yes it is a remote chance but the possibility is always there and for that reason it is worth trying.
Doing a good job? Lets see when she took over ITV was on an equal level to Sainburys and BT in terms of valuation. Now it is below Greggs who are in a sector hit even harder than media with the cost of food impacting their profit margins. Small high street retailer at best.
Silence is the worst thing you can do. I see that with my Russian girlfriend and how her unwillingness to criticise her President just empowers mismanagement of a country.
Speak up. The Dame is greedy (Stelios Haji Ioannou verdict). She is a liar whose actions were so bad that parliament summoned her before a committee to warn her. She is unaccountable and just resorts to spin. She is incompetent and lacking any vision.
Join the movement. Voice the truth. Carolyn Out.
Jed is so British. Never complain. Just accept terrible performance.
Sorry but ITV investors are paying twice the price that Greggs are paying and they got the real deal. Woman who did Business Law and Business managment. Glaswegian no nonsense. She worked her way up through retail and did not chop and change to get ahead. She knows her industry.
McCall is a liar. She has no ideas as to how to grow revenue and just blames the general malaise in the UK/European economy where as Roisin is keeping prices low, paying staff more and driving additional sales.
Pinochio Dame needs to be shuffled on.
That is what I said last May.
If anyone had heard whispers of her going then the share price would have already bounced back up above 60. It is the fear and dread that she remains that is driving this down.
Very interesting comparison between the two CEOs. Greggs is now at a higher valuation than ITV. The CEO is growing the sales by 20% in the last year. She is upbeat about the economy and clearly sees ways to appeal to consumers who have less disposable income.
https://www.thisismoney.co.uk/money/markets/article-12948943/Greggs-boss-optimistic-state-UK-economy-rolls-stores.html
Roisin brings in £1.3 million a year of which 39% is salary and the rest is share options. Greggs employees were awarded bonuses last year of £700 each.
Just goes to show that a hefty price tag does not mean you are getting quality. ITV went for the shiny CEO who has failed to deliver on her promise. Greggs by contrast have managed to grow revenue at a time of rapidly rising food costs. Their CEO is opening more branches to cope with demand.
Easyjet are getting promoted back to the FTSE 100. I bet their shareholders are happy they offloaded the Dame 7 years ago.
Anyway for a while ITV were at the top of the index. They would have been fighting for that FTSE 100 position. I seem to remember ITV returned to the index briefly after Covid. 2 years ago now.
https://www.londonstockexchange.com/indices/ftse-250/constituents/table
If you now look at the table, ITV sit below Greggs. Selling sausage rolls, steak bakes, pizza slices turns out to be a better business model than free tv to the masses. They would rather be eating at Greggs than consuming gameshows and Celebrity Big Brother.
Pokerchips will be along shortly to tell us that the FTSE250 listing is because the majority of people cannot read the markets. Only gifted persons can. Jed, Pogo and PhilCarolynlovechild.
The Share Price is all that matters. If the City analysts could see a future for ITV then the price would be back over £1. They do not buy the transition, extra spend and future revenues BS spun by the proven liar McCall.
The McCall era was a gamble. A gamble on a woman who lacked real business background but who looked presentable and ticked the equality tick boxes. She was not the person to turn ITV around. Crozier had done that and we needed to continue in that direction of growing revenue and letting free to air die.
Wind the company up and cut our losses. The big investors need to achieve real value for shareholders of over £1 by forcing a sale through now and ending the free to air tv output.
Pogo what was the share price 12 months ago going into the results? What has changed to bring about this 37% fall?
Either sack the Dame or sell the studios and pass the free to air over to the BBC who have better management. Not possible to maintain free to view tv anymore. Tax payers need to pay for ITV shows and that is best done by the BBC.
Lets call it a day and wind up ITV as a holding company for many different parts.
The pile of poo is her choice of Burberry jackets. 90s fashion. She likes browns and she probably collected 50 shades of brown in the jackets for free when she was sat on the Burberry board before they fired her for being utterly useless.
my contacts at itv have obtained tickets for me for the dancing on ice final. my intention is to streak naked in the direction of stephen mulhern as the decision is announced. will have "carolyn out" emblazened on my rather large .... it will be visible for miles and will bring admiring glances from all the ladies and *** men (that is 99% of itv employees).
that will be the signal that the oppressed itv workers have waited years for. they will rise up and depose the dictatorship.
IF Phil and Carolyn had a love child. It would sound like PokerChips and would cunningly reference their initials in its handle.
So make a comparison with any old PLC in the hope it excuses failure. M&S £1.50 to £2.50 in the last year despite disposable incomes vanishing. Oh dear Carolyn there are CEOs who know how to run a business......
So all external to ITV. Nothing happened since March within ITV that has created a negative impression of the company and the ability of their CEO?
You cannot be seen to post anything negative about ITV employees.
Is the Dame worth the 3.5 million in your opinion?
Poker do you ever post anything negative about McCall and the share price crash which she has brought about or does your contract of employment forbid that?
Poker is very much ITV plant. One of their investor relations people sent to the board to allay fears and stop the panic selling.
Of course if you are at ITV you are looking at 2024 and how to gorw income. Those of us outside looking in are waiting on the Full Year Results and analysts presentation. Other than an RTS conference and the AGM it is one of the few times we here from the CEO and chief financial officer.
Poker of course gets the internal emails from them.