No Jonnybig , as several sensible posters have called you out on , a buyback enables you to raise the dividend when the shares are cancelled. They haven’t cancelled most of them yet. Good luck getting the brain cell you asked for at Xmas. |
Thanks Royston. That was a balanced post , as opposed to your previous one where you sounded like a total utter bellend. |
Looks like jonnybig has another handle. Royston. Sad
MatthewR, I'm sad you child! I am the alias of no other person, I have visited and posted on these threads for years and your weird post made me laugh, who quotes hedge fund managers unless they crave attention. I commented and your response is to have a hissy fit and make childish accusations.
I care not if you are an ex trader, ex banker, ex hedge fund guy or that you are likely just another investor who lives in your own little world.
No green eyed envy as my motto is 'live and let live' so you have a nice Xmas and I hope your long in ITV pays up as I do for all the long suffering ITV holders. |
And remember guys, Matthew couldn't understand why the dividend paid out remained at 1.7p, he said the buyback should have made it higher. He also didn't know how to find the daily volume. Well, today it was 1,365,996 pal. Lol what a 🤡!!
spud |
So much green eyes monster nonsense. It’s actually a real malaise of this country. |
Jimbull . I was a broker , I didn’t work at a hedge fund. The person in question was a trader at Merrill for 20 years but now works as a trader at said hedge fund. In the context of our conversation , it was very funny. That ok with you? |
Looks like jonnybig has another handle. Royston. Sad |
LOL Royston!!!!!! You've summed matthew up perfectly, love it!
spud |
A small buy back today but on a shortened day quite acceptable. Time to relax and look forward to a more promising 2025. IAG (British Airways) was my big gainer so patience can be rewarded. |
Laugh of the week!
I had lunch on Friday in the city with a few old colleagues and clients of mine. One of them has a not insignificant midcap hedge fund. I told him I was long ITV and he laughed and said they’d been shorting it last week. I asked why and he said purely that they hate the UK (economy).
MattherR, so you told your Hedge Fund mate 'oh I am long ITV' then he laughed and said 'oh I have been shorting it all week'....is this an average brains trust conflab between two professional self styled Market Wizards. I think you have given us all a good laugh with your tall tales. I am still laughing at why so many on this thread exposed you as a fraud ages ago lol.. The City teaboy and his Hedge Fund buddy laughing their way to ITV's unlocked treasures!
As for this Hedge Fund guy who sticks a pin on ITV to short, it moves like tortoise up a bit and down a bit. Still thanks for the humour, so many will be astounded at how the Pro's discuss their investments. Oh Warren laughed and said he'd been shorting and I laughed and said I had been long and then we tucked into our Chicken McNuggets ha hah ha!!!
ROFLMAO |
Matthew - interesting and not unexpected from a fund. It’s also why I think there is huge potential here - as this simplistic view of ITV creates opportunity for those who dig a bit deeper. |
And thank you Cyberian. |
I had lunch on Friday in the city with a few old colleagues and clients of mine. One of them has a not insignificant midcap hedge fund. I told him I was long ITV and he laughed and said they’d been shorting it last week. I asked why and he said purely that they hate the UK (economy). Despite the success of ITVx and the studios business , ITV is still traded (by some) as a linear TV play. That makes it an interest rate sensitive (advertising), and if you hate the UK economy , you would hate ITV. I don’t agree clearly (with the investment case), but it’s hard to be positive on UK plc right now… Anyway , enjoy tomorrow all. |
Have a good Christmas one and all. See you in the New Year. |
I don't think Idiot is shorting at all, he's a fantasist. |
Well, for better or for worse I've used todays fake low volume rise in the markets...and ITV (rising on buy back bots in the absence of sellers today) to re-short again having covered at slightly lower levels.(A 50% hedge against my investment here)
I just cannot accept that ITV ad revenues wont be impacted early in 2025 by that terrible budget.
Without this Labour government the share price would be still be mid / high 80's in my opinion but a lot has changed over the past few months.
Regardless of positions I want to wish everybody here a very Happy Christmas. |
matthewr1...some good,fair, and balanced posts from you which are much appreciated. Roll on January! |
Loginname, thanks for the link mate. Regarding the buy back shares that are currently held in treasury, ITV have said in the RNS that they intend to cancel the purchased shares. I agree that it would make good sense to hold some for future employee share plans.
Happy Christmas everyone. |
Added 25,653 shares this morning.
Anyone else before the 12:30 close?!
Happy Xmas all |