Trying to push up share price now |
Davius..Is the JP Morgan update current as it helps sentiment and gives me some hope? Not sure I will be here in 2035 so fingers crossed. |
Btw , if nothing comes out by Friday (unlikely), then that’s it till the new year. Bankers (in this case corporate finance/ advisors/legal),don’t work December (at least the second half). |
That made me laugh |
JPMorgan raises ITV price target to 115 (114) pence - 'overweight'
Bid coming (in 2035) |
Worst takeover ever! |
A nice Xmas bonus if this time there is any proper facts behind the post. Strange that Morgan ITV's broker couldn't break a decent buy order, that to me says the MM's are either guilty of bad timing or all those 'buys' this morning were filled yesterday.
Pre market and after hours trading can often muddy waters!!! |
Agree. The company is worth around 125p, IMO. Would be nice to see a premium to that though if a bid did materialise, taking the offer to say 145p. But since we are languishing, someone showing some real interest would be a good start! |
@123.5p valuation would be in the same ballpark as what the analyst said recently, a doubling from 65p would be on the money. This would make sense to me, based on Studio's valuation @12X = 68p per share, Broadcasting @10X = 63p per share. Total 131p. This would have to include Net Debt otherwise the price would be impacted.
I would be happy with either valuation, who knows it may go higher if more than one suitor gets involved, otherwise the share price may well stay at these current levels or drift lower. Come on predator show yourself... |
Date of purchase: 10 December 2024 Number of ordinary shares purchased: 26,136
Christ even I'm bored with the buyback now - and I used to be the #1 fan!!!
Also odd restraint on a peaky 10 million volume day... |
Inflation innit. |
It was 106p 2 weeks ago 😃 PSML... |
"a bid worth $6bn is being finalised"
Rumours are always enjoyable to read, and for anyone curious, $6bn would be £4.71bn and 4,710,000,000 / 3,812,628,148 ordinary shares in issue = 123.5p per share
Probably in the right ball park if true... ;) |
Whether this oft mooted takeover happens or not, ITV offers good value at current levels regardless.
Decent dividend whilst we wait too...
Christmas and a New Year hove into view, enjoy the season of good will. |
Oh dear more porkies! Those meetings with banks have apparently been going on for months now 😄... Goldy knows these things but the major institutions who load up prior to such bids don't! Lord give me strength!! |
Let the bun fight commence. |
How many here are still waiting patiently for goldy's 'today or tomorrow'? 😄 Total BS. 💩 What would Apple/Amazon/Disney etc. want with a linear terrestrial broadcaster? The Dame's going nowhere either. Lies on top of lies. My US contact says 😄.... |
Pourquoi le 18? |
Why the 18th? |
Davius10 Dec '24 - 09:36 - 10084 of 10087 Here's the Canal+ split mentioned by II this morning. Canal+ to be listed in London next week. A takeover target for ITV perhaps... :0)
ITV plc should split ITV Studios off and list that on the French stock exchange just for le lols... :) |