UTV Media Share Discussion Threads

[lbo] 23/3/2010 17:23

Weak Irish market hits UTV

[djderry] 30/11/2009 20:12

Share price down over 16% with another half a million shares traded.L and G at it agaig? Expect an RNS in the morning.

[djderry] 24/11/2009 21:51

L and G pensions sell half a million shares.

[lbo] 18/11/2009 22:03

UTV Media (UTV, 112.5p, £107.89m) Trading statement for the 10 months to the end of October reports that revenues have shrunk some 8%, 12% on a like-for-like basis excluding the benefit of the FM104 and Tibus acquisitions and the launch of Sport Magazine that was first published in June. Radio GB is down some 10%, believed to be ahead of the UK market down 13%, with further improvement expected in the remaining part of the year. Radio Ireland grew 1%, though like-for-like was down 19% offset by Sterling translation and the acquisition of FM104 with November and December expected to be down some 8% on a like-for-like basis. Television revenues fell 21%, dragged down by a 25% decline from Ireland with November expected to be down 10% and just 3% in December. While the group will achieve £6m cost savings in 2009 it does expect some additional costs in 2010 to take advantage of opportunities, such as the World Cup. The group expects results broadly in line with expectations - but does warn visibility is limited – offset by the hopes of a better next year. Forecasts around £17.5m PBT with 14p EPS with some 4-5% growth next year put the group on an 8x prospective PER falling to 7.6x. This is reasonable value and thus we move from our too cautious Sell, last iterated on 27/08/09 at 74.5p to a HOLD.

[djderry] 25/9/2009 20:53

Can anyone explain,Goodbody's showing Ulster Television up 30% today.LSE shows nothing of the kind.What's up?

[djderry] 10/9/2009 20:28

Up over 13% today and more than 50% since August.Of course,these moves in the shareprice are minor.Long term we can look to media stocks outperforming the market when economic conditions improve.Demographics,media consolidation and sentiment will all play a part over time.I would like to see £5 a share within five years.

[lbo] 10/9/2009 11:02

A rising tide lifts all ships! Even the Titanic hidden at the bottom of the ocean rotting! LOL



'Racing Post' owner goes unlimited in spite of slump

Private equity firm FL Partners, owner of the Racing Post, has lodged an application to become an unlimited liability company.

The move means the accounts of FL Capital Partners will no longer be submitted to the Companies Registration Office and will not be available



Lenders to take control of Incisive

[djderry] 31/8/2009 19:44

Goodbody's are showing these up over 17% today.

[lbo] 28/8/2009 13:52

Television profits at UTV plunge by 61%

[geeff] 27/8/2009 21:08

THEY SEEM TO BE DOING OK WHEN COMPARED WITH STV IN SCOTLAND, I WISH UTV COULD HAVE SOME INFLUENCE ON THE SCOTTISH MARKET AS IT COULD BE A MAJOR ASSET IN THE NEAR FUTURE AND IT IS BEING THROWN AWAY AT THE MOMENT.

[djderry] 27/8/2009 20:44

Revenues and profits down.Dividend on hold and no predictions on the future,apart from a guesstimate on H2.Seems like an ideal time to buy! I'll decide in the morning.

[lbo] 27/8/2009 13:05

Ad revenues slump 23pc at UTV

[djderry] 24/8/2009 19:52

Looks like the mms are marking it up in advance of the results.

[lbo] 29/7/2009 22:21

Radio stars face 10pc cut in pay after fall in advertising

[lbo] 24/7/2009 00:12

LOL

And today they are valued at? But who cares once salaries like these are paid!



"The shares were trading at €1.55 late last week"

[djderry] 21/7/2009 23:26

Here we go again! The selective highlighting of one piece of news,that the fund 'halved' at one stage during the TMT sell off without mentioning that,at the article's publication date it had risen 150%,is breathtaking!

[lbo] 21/7/2009 22:20

LOL

Yeah they were very "astute" looking at the prices they paid for overvalued assets like the Racing Post and maldron hotels. They all have a long history of loosing money and ineed very "astute" at buying at the top and being forced sellers at the bottom!

Trinity flotation document bares fund wounds
Sunday, July 15, 2007


Trinity Venture Capital, which raised €50 million in a flotation Dublin and London last week, wrote off half the value of its last fund during the technology downturn

[djderry] 16/7/2009 20:12

I think Organo and TVC are being pretty astute.Let me put it this way: They're buying into UTV,which includes the TV franchise,the UK and Irish local stations and Talksport at a time when the market is valuing the company at less than the price it paid for just one of its local radio operations.'Nuff said!

[lbo] 15/7/2009 22:33

Indeed dead horses does come to mind! LOL

FL Partners Buys Racing Post for GBP170m



"Debt finance for the transaction was provided by Anglo-Irish Bank"





Organo Investments Ltd., a company controlled by Irish investors Neill Hughes and Peter Crowley, increased its stake in Northern Ireland broadcaster UTV Media Plc to 11.4 percent.

[djderry] 15/7/2009 20:59

You're flogging a rather deceased horse there.
Added a fair few thousand shares over the last week or so.
In UTV,I might add!

[lbo] 14/7/2009 20:28

I remember when you said the same thing about Anglo Irish bank! ;O