Sony and Apple have been brothers in arms for years and for those who pooh pooh my posts there is nothing new here. Apple are favourite to get ITV whatever the rumour mill is saying. |
Value shares?
ITV PE ratio 6.5
Dividend Yield 7%
Takeover rumours all over the place. |
Loginname, thanks for posting the news link. Interesting times ahead I hope for ITV, |
Also a DR morning flash at 8am NY is 1pm for you Brits. There’s your spike explained.
Hans |
Maybe Sony want to rebrand ITVX and make it their embedded PlayStation TV & Film content platform? It’s already working fine on PS5 they just need to break off the uk based subscription model and then include it globally in PS Plus subscriptions instead - then keep adding content. No development costs. Instant win? But they would need to walk away with more than just ITV Studios from the breakup as ITVX is part of the media division I think. |
Can confirm Dealreporter break a lot of corporate stories. They’re based in NY.
If true i think US and prob some Euro stakeholders won’t want Sony to get this important studio.
We might have ourselves a good ol’ fashion bidding war next year boys! Popcorn at the ready.
To the Moon!
Hans |
IF
CVC do the brteakup, they will want 35%+ of the spoils so.................their offer will reflect that. |
Well, well, well. Thanks for the link, loginname. Maybe Santa will be bringing us a present after all. Be good, boys and girls - you never know... |
CVC UPDATE!
Reports Friday in discussion with SONY over ITV Studios
Dealreporter seems like a legit outfit |
Matthew, a large move in share price caused by a small share purchase was designed to take out stops. If you think it doesn't happen then you're in cloud cuckoo land. |
Shorts are squared off in the run up to the new year due to nothing more than position squaring for year end. They are put back out come Jan 1st. Take nothing from it. |
Davius. With the greatest of respect , 2008 was the GFC and you’re talking about a bank. What happened then is a million miles away from today and more relevantly what could happen to today with (over) compliance. Not comparable. |
So roughly £40m left in the tank. |
Another 4.25 million shares bought back today (average price 71.85p) against a great deal of activity in the ITV shares. |
Big volume at 34m. Though it was triple witching options expiry today. Perhaps that is behind the spike to 76p earlier..? |
How's your holding in Assura Group working out Idiot? |
In the real world that spike would be called market manipulation, but in the world of big players it's just "taking advantage". Take out short stops and then bring the price back down.
In 2008 it happened to me, I had a small short on Alliance and Leicester. The opening auction saw a big spike on a tiny trade, about 15% up I think, the following trades were back at the standard SP, TDW (as it then was) closed me out, despite not being able to trade in the auction. I complained, eventually had my position restored. |
Very costly for ITV...
and we will see later...when the days buy back trades are published.. |
The spike would cause short stops to be hit at 76p??? Perhaps engineered given the retrace now? Very strange. Very costly for some! |
BID BID BID....
Come on...Lets have it...
What a great Xmas present that would be for the longs here... |
Nice to see that little spike there. Thought I'd missed the news about Musk putting a big bid in ;-)
Nevertheless it might be an interesting afternoon leading up to more positive press at the weekend. |
Yes, Quite a number of medium size share trades went through at 13.04pm at 71.95p which could be some short covering I suspect. But who knows? The share is definitely up for a bidder or two with quite a lot of cash looking for a home. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
