Itv Share Discussion Threads

[netcurtains] 09/9/2020 12:36

Top 8 shows on Britbox:

Extras.
Agatha Christie's Miss Marple and Poirot.
Love Island.
Lambs Of God.
Midsomer Murders.
A Confession.
Wolf Hall.
The Trip.

I definitely enjoyed Extras and Wolf Hall...

Cheers Net.

[jimbull] 09/9/2020 12:24

stansmith..Good synopsis, couldn't have put it better.

I did well with ITV back in 09 when they dropped below 20p. Among the mayhem much like now, I built up a decent holding while trading them at the same time. I traded te share and eventually sold my ITV holdings for 220p five years later when I needed funds for a property deal.

I have built up a reasonable holding recently because I rate the stock as being super cheap. The fundamentals are good, it is a household name, it own a substantial amount of studios and it has Britbox, what's not to like!

ITV were doing well up to this pandemic, but because there were other downers in it's way such as Brexit, the streamer hype and the launch of Britbox, the share price has suffered badly, way over the top imo.

It will get better, I think that ITV will soon return to health and start moving up, with a bit of positive news it wouldn't surprise me to see a 20% rise and on to 100p by next year. It is good they have embraced smaller company advertising while the big boys pulled ads, this is good and it could give ITV a surge in advertising from smaller companies into the Xmas period and the summer holiday season.

I have faith in Carolyn McCall, hope you lot have as well!

[hamhamham1] 09/9/2020 12:09

But ITV have fallen more than the banks (percentage wise since Jan 1st), and ITV was 57p last week.
Both to me look like they are bumbling along their lows, within 10%.

[stansmith3] 09/9/2020 12:04

well the banks are still fallingi didnt suggest putting all your eggs in one basket

[hamhamham1] 09/9/2020 11:52

I am happy to be invested in both. Anything can happen to any single company, accounting issue, fatal event, environmental event, unions, production, technical, etc.
I don't believe in all my eggs in one basket, no matter how good, safe deal it seems.

[hamhamham1] 09/9/2020 11:49

Personally, with the capital buffers, I dont see banks as much different risk to ITV. And the gov will give the banks near free money if needed.
The markets see them as similar risk, maybe the banks less, as the majors are need to recover by 2x or 2.25x to get to Jan 1st share price
Whereas ITV needs to recover 2.5x to get back there.
So the markets don't see as much risk as you perceive, in comparison to ITV.

[hamhamham1] 09/9/2020 11:43

What the gov need to do is identify the companies in the travel and leisure industries, then extend the furlow until next April for those.
Germany and France is extending for another year or more.
It makes sense.

[stansmith3] 09/9/2020 11:42

their balance sheets are massive thoughno one knows yet how many businesses will go bust yettheir exposure is potentially hugeso youre welcome to them :)the point i was making is that the cruise lines, banks and itv all really only have a double in them once this is all over, so why take additional risk for the same return banks and cruise lines are a much bigger risk than itv and others

[hamhamham1] 09/9/2020 11:38

Travel and leisure are this recessions banks IMO.

[hamhamham1] 09/9/2020 11:29

And that's investing, individuals have different views, in companies to invest in, and the percentage levels of allocation within those.
As long as you can get two-thirds of you pot placed right, then you onto a winner.

[hamhamham1] 09/9/2020 11:10

They still trading through this, most their loans provided during covid are gov backed, and those who can't pay old loans for a year or so will just get a holiday and it added to the end of the loan.
On average, plenty of equity built up in mortgages over past 10 years.
Banks are not like cruise lines, the latter is doing squat business through this.
I am happy to hold with opportunities to buy at these levels, let's look back in a few years time at when was best to buy.

[stansmith3] 09/9/2020 11:06

hamim sure they will be ok, but i wouldnt want to hold them through such a fiasco

[hamhamham1] 09/9/2020 11:01

Stan. Yep, but I am spreading my larger investments, not just here, I think banks gonna be ok, they had 13-15% tier 1 ratios. That's massive. Plus they already set aside many billions.
They will rise again, and once all this is over, the Lloyds and NWG will start buying back shares, pushing the prices up more. NWG already said just before covid came along that they wanted to buy out the gov share and remove those shares from circulation. Pushing up the remaining shares in issue by 2x or 3x, by my calcs.
Anyway, time will tell.

"RBS (RBS.L) had built the largest capital surplus of any major British bank before the pandemic struck, some 14 billion pounds ($17 billion) above the regulatory minimum, and had hoped to use much of this to buy back the government's 62% stake."

[scooper72] 09/9/2020 11:00

Good comparison. Small gains continuing over time are better for the heart rate

[trikytree] 09/9/2020 10:47

Nothing goes up in a straight line (apart from Tesla and look what happened there). Happy with 63p today and then the upward trajectory can continue in to the weekend. Just a good opportunity to top up today.

[stansmith3] 09/9/2020 10:37

i think thats why itv is such a good buy, its fallen as much as banks and cruise lines, but both of those are exposed to huge losses if things deteriorate further, itv i believe will just run up a few hundred million in losses in such an event

[hamhamham1] 09/9/2020 10:15

Someone mention HSBC here a day or so ago.
And with that in mind I bought some HSBA yesterday at 324p.
They pay about 12/13% divi of 40p per year for last few years, hopefully get back to that again soon and share price back above 600p.

[netcurtains] 09/9/2020 10:12

so far (10:12am) Each low today is a bit less than the last one so its quite possible, if trend continues, that this will finish about 64p but not sure about 65p. Lets see what happens by lunch time.

[hamhamham1] 09/9/2020 09:58

A lot of the companies I have been buying in larger tranches had divis of 15% approx compared to current share prices.
So hopefully, when they recover, the capital will grow and I can reinvest the divis back in for the next 5 or 6 years and build a nice big pot . Then decide what to do in 2025/26.
So hopefully share capital will double, then with reinvesting divis, then get it up to an average of 3x my investment at these levels.
As always, time will tell, am gonna just relax.

[hamhamham1] 09/9/2020 09:14

It shakes out those with a tight stop, in these kinda markets ups and downs can be large and often. Hence, for me, it's better to buy the share at a price I think is cheap, and set no stops, and kick back.
Tight stops, spreads, CFDs, etc, probably good in a stable market where direction is identifiable and easier to hop onto.

[netcurtains] 09/9/2020 09:11

I'm no expert but sometimes I think little falls like this are designed to shake out some weak holders to free up some stock. Say you have a "stop loss" principle - if you do you get shaken out. If you see what I mean.
Often they occur a few days before big rises.

[mister md] 09/9/2020 08:57

Right. Doubled my holding this morning. Hopefully within a year it will have proved to have been a good decision ;)

[srpactive] 09/9/2020 08:42

Topped up a little.

dyor

[gerardp] 08/9/2020 20:34

Pro7 and ITV likely M&A targets :