the EU already has high tariffs on Chinese goods.
I also cant see what is wrong on putting 10% tariff on Canadian oil either - fuel "duty" lol in the UK is far far higher...
Really we're talking about the 25% stuff on Canada/Mexico - this is probably worth 2% off the FTSE but surely no more.... |
If you watch CNBC you may have a different take Idiot... |
$1.24 to $1.22
Big whoop.... |
The tariff situation is soo serious that todays risk off session won't be a one off.
I think markets will get pummelled all week...
Then we have round 2....Tariffs to be announced on the EU...
ITV will follow the general direction of the markets....barring a profit warning (See the market reaction to Speedyhire this morning) or any merger news.
I suspect 69.9p support will be seen again here soon. |
Lol - if Trump keeps crashing stockmarkets and devaluing the £ - ITV will be so cheap in USD terms, Mom & Pops Surfshack Florida will be able to afford ITV Group soon... |
The FTSE250 should not really be in any sell off.
Its made up of mainly UK companies not involved in any
of the tariff supply chains and not really likely to. |
Famous last words but this is holding up relatively well. Perhaps the buyback has kicked back in after the fall this morning. |
I would like to see a steady but not spectacular climb in people BUYING the ITVx premium service. |
 Deutsche Bank: Advertising woes mar ITV recovery
A tough advertising market has cast a shadow over a recovery in the studios division at ITV (ITV), says Deutsche Bank.
Analyst Nizla Naizer retained her ‘hold’ recommendation and reduced the target price from 90p to 85p on the Citywire Elite Companies A-rated broadcaster, which was trading at 74p on Friday, with the share price up 23% over 12 months.
ITV is due to report its 2024 results in March, but Naizer said the company has ‘largely de-risked expectations for the fourth quarter’ by guiding total advertising revenue in media and entertainment down 6-7% in the final three months of the year after a strong first half and flat third quarter.
Naizer said studio revenue is ‘expected to be down mid-single digits, implying a strong recovery of as much as +30% in the fourth quarter 2024 for external studios revenue’.
‘Taking a step back, the studios business on a full-year basis contributes more to the group’s Ebitda versus media and entertainment, but sentiment around ITV appears to still revolve around how well advertising does,’ she said. |
Itvx app #1 in Play Store entertainment |
htTPs://x.com/BBCSteveR/status/1886014774841926119?t=5eGdgA49-3rosiYq3_kWQg&s=19 |
Sure, keep banging the broken drum. |
This studio deal is window dressing and the 5% rise last week is juat MM's following the share price up. No move has been made yet, I thought it would have been out in the open by Friday close but it held.
ITV won't be successful with a Studios sale, we will see a rise this week even though the yanks seem surprised the Orange Blob is fast becoming beyond help.
We are in for an interesting few days.
BUY! |
Thanks health improving at last.
Hades...Sorry to read you have been unwell, hope you are on the mend!
Best
Slater |
I hope ITV are only exploring this deal to flush someone else out but there are no rumours in the Industry that I have heard.
Very quiet and everyone expects a poor year for both advertising revenue and programming - Studios in particular with low commissioning slate from FTA broadcasters globally.
Thanks health improving at last. |
Presumably, if ITV progressed it to the point of a deal, shareholders would have a vote? How many would be convinced of the merit of it? None, I would guess. And surely ITV’s management know this? |
Isn't the Studios part of ITV the jewel in the crown? If so, why not keep 100% ownership and control of it? Makes little sense to me.
Yes, welcome back hades1. |
I fully agree. I don’t see the attraction of a merger for ITV. And I suspect it is just to flush out other interested parties. It must, at the very least, suggest that ITV is open to approaches.
Nice to see you back on the thread hades. |
Huckers
The difficulty is that if they split the company and merge studios with anyone else it likely doesn’t generate a significant premium and leaves ITV as purely an Advertising Revenue dependent broadcaster. The remaining ITVs options are then significantly reduced. In fact the only option in my view would be a merger with CH4 which is entirely dependent on the UK Government?
The City don’t like the odds of this solution.
They wanted ITV sold as one at a premium. |
I suppose talks about a potential merger of part of ITV’s business is not seen as exciting. |
News blackout...
No one say anything and it might happen.
Dont mention anything to do with it. |
Anyone stumbled across anything in the press this weekend? |
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