UTV Media Share Discussion Threads

[djderry] 25/11/2008 22:44

Another million shares traded today.

[lbo] 24/11/2008 09:41

UTV set to axe top shows due to ad slump






News that two key investors had raised their stake in UTV Media was taken as a vote of confidence in the former Ulster TV and it rose 10¼p to 92¼p – but the pair appear to have paid a slight discount to the market value for their extra holdings, rather than a premium, implying that someone was keen to get out.

TVC Holdings, the Irish investment group, bought at 78p on Monday to bring its stake from 15 to 18 per cent. Ireland's Organo Investments, headed by Peter Crowley and Neill Hughes, the owners of the Racing Post, raised its interest to 9.5 per cent from 6.6 per cent also on Monday, which suggested that its purchase was probably from the same seller at the same price

[lbo] 18/11/2008 21:48

Yes stakebuilding by some mad Irish who are well known for buying overvalued assets!

Just ask Trinity Mirror. Or look how well TVC has done since it floated.

[djderry] 17/11/2008 19:48

Stake building continues.

[djderry] 10/11/2008 20:21

Heavy volume today.Institutional buying/selling?

[lbo] 06/11/2008 10:55

UTV Media shares slip as TV revenues fall

[djderry] 06/11/2008 10:01

Fairly positive IMS.

[lbo] 06/11/2008 00:11

ITV issues a gloomy 2009 ad forecast

[lbo] 01/11/2008 17:53

UTV writes off €26.5m in radio stations' value

[lbo] 20/10/2008 23:21

RTÉ wants to cut staff costs by €10m in 2009


RTÉ has told staff that it is introducing cuts in programming and measures to cut staff costs by €10m in 2009 to deal with the station's worsening financial situation.

[lbo] 13/10/2008 12:37

UTV plummeted 29.7pc to €1.28 as investors mulled details of the broadcaster's restructuring programme

[lbo] 06/10/2008 11:50

Can UTV keep advertisers and still cut local programmes?

[djderry] 10/9/2008 22:26

TVC gets a seat on the board.

[lbo] 28/8/2008 13:02

And a dividend cut! But the really worring comment was chairman John McGuckian warned "It's hard to predict the rest of the year."

[djderry] 26/8/2008 21:12

Pre-tax profits up 12%.Radio powering ahead.Tv outperforming ITV.

[djderry] 06/8/2008 19:09

LBO,the rights issue was to raise £49.9 million euro,basically to pay down debt for one of the strongest radio franchises in Dublin.(FM 104).So what happened? They raised the money.Shareholders who did not wish to have their holdings diluted (including me) subscribed for their allocation.The shares which were not taken up (60%) were taken by the underwriters.That's part of the risk'for which they are well rewarded.The co. has the money raised and those of us who read the trading statement understand the company is doing well.Nothing has 'gone wrong'.

[lbo] 06/8/2008 10:26

UTV's rights go wrong



ITV shares slump as profits hit

[djderry] 30/7/2008 19:44

Henderson declare a holding of over 7%.

[geeff] 22/7/2008 11:37

I agree on the low price of UTV shares as the co. seems well run.In the past I did very well out of TV AM (remember them, a licence to print money until M
Thatcher took away that licence) then Border TV I thought similar to UTV (as a
laymans view) I bought at £2 and taken over at £14 within 2 years. Ive always
thought that utv with its tv,radio and internet rights could not go wrong!
Maybe Im being too simplistic but when the going gets tough the toughest thing
to part with would be your tv and radio comms.

[djderry] 21/7/2008 20:59

No wonder these companies are building stakes in UTV Media.That's what happens when the share price is about a fifth of what it should be.Even then,it would be priced for a never-ending recession.

[djderry] 17/7/2008 21:00

17 million shares change hands.I presume the underwriters are selling them on.Will TVC add more of this undervalued company?

[djderry] 15/7/2008 22:25

Well there's the RSN,obviously others see the value here as well,strong radio franchise in Dublin,Cork and Belfast,national and ILRs in the UK,strong local TV franchise.As with many of my other holdings,when sentiment turns,this will return many times my investment.As usual the shorters continue to watch the share price,not understanding that it is about the least helpful piece of information regarding a company's performance.

[lbo] 15/7/2008 10:40

Falling below the RI price! Seems to have no support. Not sure even TVC can stop the rot here. They don't have a great track record. There own company's stock has slumped 38pc since floating in London and Dublin this day last year!


TVC buys 11 pct in UTV Media for 14.9 mln pounds; becomes largest shareholder
LONDON (Thomson Financial) - TVC Holdings Plc. said it acquired a 11 percent stake in UTV Media Plc. for 14.9 million pounds, making it the single largest shareholder in UTV Media.

Separately, UTV Media said it received valid acceptances in respect of about 15.91 million rights issue shares or 41.5 percent of the total of 38.36 million shares offered to qualifying shareholders.

On June 4, UTV Media had announced a 2-for-3 rights issue at 130 pence, to raise 49.9 million pounds, which will be used to pay down debt -- which stood at

107.2 million pounds when the company announced full-year results in March.

[djderry] 14/7/2008 20:07

Heavy volume today,will we see an RSN?