Share Name Share Symbol Market Type Share ISIN Share Description
Ite Group Plc LSE:ITE London Ordinary Share GB0002520509 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 82.50 82.30 82.60 0.00 0.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 175.7 -3.7 -1.6 - 612

Ite Share Discussion Threads

Showing 901 to 924 of 975 messages
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older
DateSubjectAuthorDiscuss
26/6/2018
18:00
I've taken up my FULL entitlement under the rights issue. I'm not really very happy with merging two similar businesses, with the acquired business being valued at twice the existing one. Seems a poor deal. You can see some of the institutions that said "no" bailing today. That being said there is probably some upside if you take up the new shares.
topvest
26/6/2018
17:25
Fully under written rights issue. These are not likely to stay sub TERP for long. Good day to buy cheaper than taking up rights. Will add as I like the diversification. Bought 30k shares. Another 30k in due course. GLA
cantrememberthis2
26/6/2018
15:43
I know that I don't have to take up the rights issue, but I think I will. I've always liked the sector, but ITE have been badly hit with their Russian exposure which is a tad unlucky. The acquisition will make them more balanced. I just think the deal was done at a poor price for existing holders and it will be a long journey back.
topvest
26/6/2018
13:42
I think those other examples were rescue rights and relief of survival. I don't think ITE is in quite the same position. They're more on a quest to grow through acquisition, as is SMDS.
typo56
26/6/2018
13:16
Typo56 Risk vs. Reward EXACTLY like Capita to some extent. I like their forward guidance here. Hence in.
cantrememberthis2
26/6/2018
13:10
Point is, you could buy them today for around 10% less than it would have cost you if you'd bought yesterday and took up the rights. I keep saying rights issues are a con trick. There's no special deal for existing holders.
typo56
26/6/2018
12:57
Reducing Russian exposure from 47% to 31% is NOT a BAD THING Also more news coming:ITE On 15 May 2018, ITE announced its interim results for the six months ended 31 March 2018, demonstrating a strong overall trading performance. This was the first period of like-for-like growth in both yield and volume since 2014 and these results reflect revenue growth in the majority of ITE's markets as a result of early TAG Programme initiatives and focus on Core events. ITE's TAG Programme is delivering early benefits with improved financial performance from core events delivering like-for-like volume, revenue and headline profit before tax growth for the first time in four years. Cash conversion remains strong and the Group enters the second half with high visibility of revenues having contracted £143.5 million of revenue for the current financial year as at 11 May 2018, representing approximately 89 per cent. of market expectations for the full year. As a result of a focus on forward bookings, the Group has also already contracted £31 million of forward bookings for the year ended 30 September 2019, representing approximately 19 per cent. of consensus revenue. This is up approximately 31 per cent. on a like-for-like basis and the improved level of bookings partly reflects the ITE's focused sales initiatives on Core events, in line with its strategy. The like-for-like growth and cash conversion have allowed management to invest £1.5 million more in future period events than at this stage last year. There has been no significant change in the current trading and prospects of ITE since 31 March 2018.
cantrememberthis2
26/6/2018
12:13
Same for Capita same for PFG Sentiment changes Game on
cantrememberthis2
26/6/2018
10:26
You don't have to take up any rights as it's clearly good money being thrown after bad. ITE have had a poor track record - falling revenues/PBT over the last 5 years years, so I expect things will only continue to get worse.
bend1pa
26/6/2018
10:10
Well that's very interesting. 35% of votes were cast against the acquisition and rights issue. I'm inclined to agree that this was a bad deal for existing shareholders. We have been forced to put more money in at an absurdly low price which undervalues the existing business by an enormous amount. The acquired business may be good, but we have given our original business away. All smack of an empire build, re-set policy from a new baseline of £1. I will take up the rights issue as I have little choice, but I would be interested to hear why they thought this was such a good deal. To me it looks like they struggled to get the support from institutions for the rights issue and had to drop the price and terms accordingly. The share price indicates that there may be a large block of shares being sold out, so not great!
topvest
26/6/2018
08:40
No sweat... not long to wait, they'll end up picking up slack from those who didn't take up rights! Game on
cantrememberthis2
26/6/2018
08:36
Actually the rights issue isn't complete, merely trading ex-rights. They're not fully paid until 11 July. At this stage we don't know how well the rights will be taken up. Priced at 56.2p it seems unlikely the underwriters will have to pickup stock, but who knows what Trump will tweat between now and then!
typo56
26/6/2018
08:30
Rights Issue completed. Im in... looking for recovery, finance secured
cantrememberthis2
06/6/2018
19:30
Well the rights issue price is 56p. Surprisingly low. Massive dilution, but it doesn't really matter if you take up the rights is the way I see it. Bit of a reset. Looks like the post rights issue price will be about 90p-£1. Any thoughts?
topvest
13/2/2018
10:07
A forgotten share. But trading looks good: On a like-for-like basis revenues for the quarter are 5% higher than the comparative period. Two top 10 events ran in the quarter, collectively delivering double digit like-for-like revenue growth. Outlook As at 19 January 2018, the Group had booked circa GBP113m of revenue for the 2018 financial year (20 January 2017: GBP99m) representing circa 70% of market expectations for the full year. On a like-for-like basis, these revenues are 16% ahead of this time last year and on a volume basis are 7% ahead reflecting the impact of earlier bookings and ITE's focus on core events following the launch of the early TAG initiatives.
deadly
30/7/2017
08:50
Sunday Times says that ITE is selling Moda, the UK B2B fashion event for £30m. Looks like something may have leaked on Friday! Asagi (long ITE)
asagi
13/7/2017
20:09
Best update for a long time here. Recovery at last?
topvest
16/5/2017
19:27
Yes, it looks a long haul with this one. Looks like a sensible strategy adopted by new management, albeit maybe a tad dull. Think this is still a good value stock if you take a 3 year view. Happy to hold, but not inclined to add any more.
topvest
16/5/2017
15:36
Not great results. Slight optimism but the worst seems to be over for its main market in Russia. However in their other global markets things still look rather bleak for ITE considering there has been something of a boom in global economies over the past 6 months, yet ITE are failing to capitalize on it. The big rise in the Russian rouble has saved these results from looking worse than they already are. At least the cashflow statement looks decent and net debt is starting to fall. So the company is living within its means. But overall recovery still looks a long way off after 3 years of falling revenue eps and PBT.
bend1pa
16/5/2017
07:57
Interesting RNS (Strategy Update) out this morning on ITE Group Plc. Looking to start a 'transformation' programme. This video with the CEO about today's RNS is worth a look... https://www.youtube.com/watch?v=MSEDTggFEQk
baggytrousers
26/1/2017
09:00
Slightly negative RNS, but think we are getting much closer to recovery here. Very happy to hold.
topvest
18/8/2016
13:50
The huge rise in the ruble against £, some 35% since Jan is going to help ITE along nicely considering it still derives most of its trade through Russia. IMO the share price still has a long way to climb despite its volatile recovery since March. If the Russian economy continues to improve we could see another 50% on the share price within a year from now.
bend1pa
12/8/2016
07:11
I think the rise is due to 2 factors: general market strength and Russian economy has bottomed and showing signs of improvement.
topvest
11/8/2016
12:01
ITE have always been undervalued even though they have proved themselves very cash generative through thick and thin in the market. Substantial uplift from currency one factor. Management always been good now significantly strengthened. In the past they generated so much cash they hardly knew what to do with it and regularly bought back their own shares. Looks like they now intend to get the share price back up!
geko5trade
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older
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