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ITV Itv Plc

80.75
-0.30 (-0.37%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Itv Investors - ITV

Itv Investors - ITV

Share Name Share Symbol Market Stock Type
Itv Plc ITV London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.30 -0.37% 80.75 16:35:08
Open Price Low Price High Price Close Price Previous Close
78.90 78.90 81.10 80.75 81.05
more quote information »
Industry Sector
MEDIA

Top Investor Posts

Top Posts
Posted at 14/7/2024 12:24 by goldfinger16
Johnny Bluelynn, good for you building up your holding in ITV.

I have many private messages thanking me for posting positively on ITV. I post on what I hear and what I know to be real. The odd post reminding investors that the share price has been a bargain for a long time and to stay long and buy if you can afford to.

I no longer post on the other thread due to the scorn and derision I get from resident looney Stansmith who along with this thread's know all ex City tea boy and Beano financial expert MatthewR regularly downplay ITV and pour scorn on my positive posts.

It's great that so many on this thread are sitting on ITV stakes at numbers way south of Friday's 83.15p close. I advised that volumes in ITV would be indicative of the stealthy accumulation by Silchester and others holding lesser stakes under 5%.

ITV will seem a gift very soon although those who filled their boots at 60p or even less are quids in already and that is great. While these were 53p and the journey to today, the bashers were calling me names I can't repeat, when we see this fly soon they will be crying in private as they see the smart guys make money..

Stay long and Buy!
Posted at 10/7/2024 19:57 by justiceforthemany
So according to Investor Relations there is a ridiculous mechanism in place where they can't buy back shares more than 5% above the prior 5 day average price. So those short selling hedge funds may be serving a purpose after all.
Posted at 01/7/2024 18:44 by robwt
England Slovakia got 18.4 million viewers, ITV are getting record viewing figures. Some investors need to start waking up, the share price is a gift.
Posted at 28/6/2024 11:39 by spacedust
Imagine a 15% dividend payment every year. You'll have tonnes of investors piling in with all their toes and elbows all fully in. Sp would rise exponentially too.

Buybacks are a complete and utter waste of shareholders money.
Posted at 25/6/2024 10:53 by robwt
The marketing and investor relations teams at ITV are abysmal. Their phones are probably all ex-directory.

tlobs..You're right, it's not good. A recent post on LSE about ITV doing much better than expected purported to come from someone employed at ITV marketing. If that turns out to be the case next month, why can't they tell the market now.

Other companies issue up to date statements all the time. The new guy at RR Tufan Erginbilgic informs shareholders almost weekly about the fortunes of RR. Having said that RR is a rocket and hard to believe was around 80p the same as ITV in March 2022 when McCall had her Liz Truss moment.

RR today 450p, ITV still down at a lowly 81p, the share price performance like the investor relations team is abysmal.
Posted at 06/6/2024 09:10 by bigegoadvfn
Kelso294 Jun '24 - 18:46 - 7870 of 7872
BigEgo
Yes, it looks like yesterday's RNS is hopelessly wrong or is it today's RNS? Its sad that no one at ITV has spotted this balls up.
Anyone want to email their investors relations?



Yep. Unfortunately there is still a mistake in this one:

"05 Jun 2024 17:31 Transaction in Own Shares"

says

"Since the commencement of the share buyback programme announced on 7 March 2024, the Company has repurchased 46,858,199 ordinary shares in aggregate at a weighted average price of 72.41 pence per share."

That's an error.

Since buyback started they have repurchased 55,358,199 shares.
The 8,500,000 taken back out of Treasury means that yes there are 46,858,199 remaining in Treasury now - but someone has lazily also used this number as the total repurchased.

Can't believe clever people are worse at tracking these numbers than ordinary investors...
Posted at 12/5/2024 11:48 by stag6
From Moneyweek!

Why you should not sell in May

Sell in May is a strategy commonly applied to avoid poor returns - but does the theory still stand strong in 2024 or is it simply a fool's game

It’s an old investment adage - sell in May and go away, don’t come back until St Leger’s Day’ - a well-known British horse race day, which takes place in September.

But does the ‘sell in May’ theory still hold true and would you be foolish to adapt it in 2024? As my colleague Max King pointed out last week, global equities are proving resilient in 2024.

It may look tempting as the FTSE hit another record high (7 May) - sunshine and FTSE highs - investors are having a jolly old time. But, could our luck run out?

But, while this theory may have had legs when trading was an in-person activity, does it still stand today? It certainly is no clever hack that lets you essentially time the market. And in a world where trading is now digital, does trading activity ever really get thinner in the summer?

What we do know is returns are still fairly strong over the summer and as any good investor will tell you, it is all about time in the market, not about timing the market. So, does it still make sense to sell in May?

Should you sell in May?
If we are looking simply at returns, you could argue that there are many factors that come into play, but if we look at the returns over 20 years during the months of May to end of September, then the numbers are not as grim as you may expect.

Numbers crunched by investment firm Hargreaves Lansdown, looking at returns for the FTSE All Share index for the last 20 years found that returns were negative over the five-month period (May to end of September) for just six of the 20 years.

According to Hargreaves Lansdown’s analysis, the average return for this five-month period was 1.05%, though there were some significant falls in a few of these periods, including two of more than 10%.

While timing the market is simply not possible, if you were to adapt the ‘sell in May’ strategy, you would have to be consistent - just as you would with any other investment strategy.

Sell in May - are returns better?
Some more number crunching from Hargreaves Lansdown: lets say I had £1,000 to invest - and I put it to work in the market 20 years ago. I consistently take it out at the end of April, repeating this process each year.

Taking the money out of the market in 2024, the £1,000 would now be worth £3,526 - and if I had left it invested, the £1,000 would now be worth £4,024.

Further analysis from investment firm Fidelity going back 37 years shows sell in May has worked in just 14 of the 37 years and failed in 23 years.

Sell in May works when we see prolonged market falls. It worked during the dot com bubble in 2001-2002 and 2007-2008 during the financial crisis. It has also worked in 2022 and 2023 when markets were volatile. But as the data shows, it fails more often that it works, so it's not always a winning strategy.

Like most investors, we do not know what the summer has in store for us, but we can see consistency and time in the market is what often pays off.

Will you sell in May?
Posted at 08/5/2024 13:35 by tlobs2
I was just pointing out that whilst recent investors have done OK, long term investors have been let down by the Board of Directors.

They have a history of managing to present positive upbeat news in a negative manner!
Posted at 17/2/2024 11:49 by marksp2011
From X quoting the FT

Liberty Global is pressing on with restructuring the telecoms empire assembled by its chair and so-called “cable cowboy” John Malone as the group struggles to revive its languishing share price.

The group, whose headquarters are split between London, Denver and Amsterdam, has been slimming down in recent years but said on Friday it was accelerating a shake-up of its subsidiaries as it attempts to create more value for shareholders.

Chief executive Mike Fries said action needed to be taken as the group’s shares continued to trade at what he described as a “significant” discount. “You have to be willing to pivot,” he told the Financial Times.

Liberty Global intends to list its Swiss telecoms business Sunrise later this year, which it acquired for $7.4bn less than four years ago, with shares allocated to Liberty Global investors. Fries said this would put “value in their hands” but added it was too early to provide details on pricing.

It will create a holding company for its Belgium unit Telenet and its stake in VodafoneZiggo, a joint venture in the Netherlands, as a precursor to a potential listing and to help it raise further capital.

The group will also restructure its fixed network of Virgin Media O2 to help it compete with rivals in the race to roll out high-speed broadband across the UK.

Virgin Media O2, which is jointly co-owned by Liberty Global and Spain’s Telefónica, is in the process of upgrading its entire fixed network to full fibre and is also a supplier for nexfibre, a joint venture with InfraVia Capital Partners. The companies have reached more than 4mn homes, in comparison to incumbent BT’s Openreach, which has reached 13mn.

Fries said a new “NetCo” could be spun off or merged but that the initial focus would be on the network upgrade and potential acquisitions of alternative network providers or “altnets”;. He declined to comment on its acquisition pipeline but in November said the company was looking at “another six or seven” altnets in the M&A market.

It was also announced on Friday that Liberty Global and Warner Bros Discovery had sold All3Media — the London-based television and film production company behind Fleabag and Squid Game: The Challenge — to RedBird IMI for £1.15bn.

Liberty Global amassed an international telecoms empire through a series of deals over the past 15 years but has pulled back in several markets, going from operating in 12 in 2017 to five today, to refocus on more profitable countries.

Disposals included the sale of its assets in Germany, Czech Republic, Hungary and Romania to Vodafone for €18.4bn in 2019 and spinning out its Latin American business in 2018.

Despite this, its share price has fallen a fifth over the past five years. Karen Egan, a senior telecoms analyst at Enders Analysis, said Liberty Global had been “very wily” investors in the past but there was “less coherence” to its current investments.

“Given that uncertainty about the value they are adding, it is somewhat inevitable that the shares would trade at a discount,” she added. “There’s a whole lot of complexity in their holdings, including debt at the company level and cash at the parent level, and investors will apply a discount when it requires them to put a whole lot of effort in to understand the whole.”

Fries added Liberty Global had taken the opportunity to repurchase 60 per cent of its shares outstanding at “attractive prices” since 2017.

“We are taking it private very slowly,” he said, referring to the scale of the buybacks but speaking slightly tongue-in-cheek. A spokesman for Liberty Global said this should not taken as a signal that the company would be taken private. The company plans to buy back up to 10 per cent of its shares this year.

News of the restructuring came shortly after Liberty Global reported its annual results. It swung to a loss from continuing operations of $3.9bn in 2023 compared with earnings of $1.1bn in 2022. Its principal amount of debt and finance leases at the end of 2023 was $15.9bn, up from $13.8bn in 2022.
Posted at 12/2/2024 15:45 by huckers
RNS Silchester International Investors now holds 5.0% of ITV.

Who are they? From their website: "Silchester was formed in 1994 to specialise in international equity investment, primarily on behalf of institutional investors."

FT article on them dated from 2018 though.

www.ft.com/content/e7eabcf5-5032-3567-a9d9-f6a723d60358

From this article: "While clients seem content, SII has built a reputation as a rigorous shareholder, putting companies under the microscope and asking tough questions. The fund house seeks value stocks, holding about 100 to 150 companies at any one time, and invests internationally, excluding the US. It takes chunky stakes of up to a fifth of a company’s shares and is an active owner: it voted against management at about half of all annual meetings in which it participated in 2017, according to its stewardship code.

An investment analyst who did not want to be named said: “They are a very long-term investor. They don’t buy and sell on the news".

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