Shorts decreased by 0.03% on Thursday total now 3.59%, maybe a bit more reduced today. |
After 240k Wednesday then 110k yesterday it’s hardly surprising to see just 1962 shares bought today!
Bordering on pointless really. Value just £1,440. Probably less than the combined labour costs of all the Morgan Stanley people involved today!
Some purposeful slowdown going on here I think… |
Paltry amount bought back today. |
Nice end to the week! |
Big rising trend channel to fill... |
The Dame and her acolytes deny she is leaving.
I wonder what sparked that denial?
the only people who can split ITV are ITV. Anyone else will get into a sea of Woke luvvies worried about their gravy train.
I continue to hold these as I think she will do it to go out with some sort of legacy
BTW matthew, I have asked them before whether the £750M is net new revenue or are they claiming that £1,3Bn of linear revenue will become at least £750M of digital revenue :)
No answer |
Mark Kleinman was talking live on Sky just now about the sale of Observer to Tortoise Media.
Nothing to do with ITV i know - but was interesting to hear the guy speak (he broke the ITV story recently).
One day he'll be on Business Live taking about ITV I hope! |
Cheers, butler 🙂 I stand to make loads of money on OSB, I loaded big time at 350p. It was probably my big purchase that started the uptrend! 😁
spud |
You're calling this well, jonny. I also notice you're calling OSB absolutely spot on! |
It looks like the tide is turning for the sensible ones .......
Fund % short change Date changed BlackRock Investment Management (UK) Limited 0.70% 0.48% 22 Nov 2024 Canada Pension Plan Investment Board 0.69% -0.02% 16 Oct 2024 GLG Partners LP 0.80% -0.19% 4 Dec 2024 Point72 Europe (London) LLP 0.82% 0.07% 15 Nov 2024 Vor Capital LLP 0.61% 0.10% 5 Dec 2023 Total 3.62% |
To be fair Morgan Stanley are not spending their own money. They can crack on and spend ITV's money buying back shares at whatever price they are. |
An agreed 'possible' offer has been announced this morning for DLG, just waiting for this one now while underpinned by the dividend. |
FFS Sheeple - browse the post history yourself - it’s all there to see…
“goldfinger16 - 07 May 2021 - 08:36:56 - 19211 of 21685 ITV - 2014 - The New Programme Makers - ITV
ITV are too woke and the board are all but useless, they fired Morgan a ratings winner whether you liked him or not and to me, it was a bad move.
Decided there are better shares going forward so I am out of ITV this morning with a nice profit, decided to cash in while I can, this will not get past 130p any time soon.
I may miss out IF there is a takeover and IF is the word, but I can't see anyone wanting this WOKE dinosaur any time soon.” |
It seems reasonable to me that Morgan Stanley is cautious on buying shares at current levels when they bought back very large numbers when share price close to 63p. i am sure that they will buy back larger numbers if the share price slips back to 70p or lower. We may have to wait a few weeks but the recent press and possible media interest does suggest that something is afoot. In the meantime the company gave a reasonably positive and honest outline view of activities and progress a couple of days back. |
I'm looking forward to the next chapter of ripping yarns written by golfinger ;-) |
Morgan Stanley are entirely responsible for how many shares are bought, as ITV has to be totally independent during the process.
spud |
110,748 shares worth about £80k bought back today.
Feels like they're not even trying anymore...! |
Since there is mention here of maybe APPLE interest in ITV, I should mention that EE, which is owned by BT, strongly collaborate with APPLE, selling both their phones and media content. I believe this reported opportunistic attempt at a hostile possible take-over of ITV, has 3 parties involved acting as one. Make up your own minds !! |
Cheers for the update, goldfinger 👍 And don't listen to Matthew and the other trolls. They're just a bunch of clueless idiots!
spud |
From 2012!!! Yes bloody ages ago... doesn't mean they wouldn't like it in their copyright bag.
"Other analysts have speculated that the company could buy up production businesses, even suggesting that Apple and ITV could settle their potential tug-of-war over the three-letter name by the simple expedient of the former buying the latter." |
![](/p.php?pid=profilepic&user=bigegoadvfn) Thanks goldfinger.
Well I wasn't expecting them after all the European media rumours but my 2p, not that anyone cares I'm sure(!) - at first glance Apple does not seem a natural fit for ITV. Why the hell is a massive phone company coming for a tiddly UK broadcaster?
But ... (sorry to keep banging this one out) ITV do own the "ITV" or "iTV" brand globally. Yes yes Apple wanted it in the long long ago, but decided to go with "Apple TV" instead - breaking from all the other iPhone and iPad copyrights.
But ... they would NOT want another media company to get their hands on "iTV". Just quietly buy it and keep it for later.
2nd ... ITV Studios America division and Apple Studios do collaborate a lot. Just look at the ITV Studios America website for the joint Franklin production - yeah that's the Apple logo right in the middle. (Franklin - Produced by ITV Studios America and Apple Studios)
So 1) "iTV" brand and 2) ITV Studios - these are the things Apple would very much like to own for a couple of billion - they won't give a hoot about the broadcast business but as per recent rumours there seem to be plenty of European media outfits that would take that division off their hands and reduce their total cost.
Yeah sure why not, let's throw Apple onto the pile of potential suitors too! :) |