OMG "Nothing happens till mid March"
Which ferkin year are you predicting now goldfinger. You have posted some dross for the past few years. |
Many thanks for the update, goldfinger! It's so refreshing to see there's someone else on here with some sense!
spud |
You're correct Jonny, spikes will occur on the run up to take out.
Nothing happens till mid March, that's what I am told. I heard Toptopflop has put all his money up and bought a couple Netflix shares, so Toppy is going to lose 50% by mid March while ITV longs jet off to sunnier climes!!
ROFLMAO |
I guess the spike is a buyback? |
How many times do you need to be told no one is interested in anything you say? |
How many times do I have to explain the buyback process?? Morgan Stanley are in control, not itv. The buyback has simply "paused" because the algorithms went out of sync following the recent sudden jump and will no doubt resume in due course. Why can't you get it into your thick heads!
spud |
Itvx has held a podium position in the app charts for a while now |
Thanks for the buyback update Bigego. I’m sure the buyback will finish with the results. |
Things must be bad hades aka bigego back for a ramp |
I'm not "evading" paying the licence fee. I don't watch or record live TV or use iPlayer, therefore I do not need a TV licence. |
![](/p.php?pid=profilepic&user=bigegoadvfn) Hi all - not much going on while we wait to see if anything happens following the various press articles since November...
And I notice discussion about the buyback pausing.
So here is a brief update on the stats since the last RNS...
As at 30-Jan-2025 194 active days / RNS Buyback announcements 95.3% Complete
Available Funds £235,000,000
Total Number Of Shares Repurchased 307,169,394
Adjustments to shares in Treasury since Buyback started for EBT (Employee Benefit Trust) 8,500,000
Purchased shares cancelled (not held in Treasury) 178,190,117
Ordinary shares held in Treasury 120,479,277
Weighted Average Price Paid since Buyback started 72.92p
Total Value Of Shares Repurchased (Using Average) £223,977,819
Average Daily Value Of Shares Repurchased (Total / Active Days) £1,154,525
Remaining Funds £11,022,181 (4.7%)
What might be interesting to note is that the previous longest period of 'pause' was between 08-May-2024 and 20-May-2024 - a gap of 11 days.
As the last RNS was 30-Jan-2025 we are already beyond that - eg if there is a buyback RNS later today it would be a gap of 13 days - so clearly it is now the longest 'pause'.
As for why it's paused, I can only come up with these scenarios:
1) They are pausing due to timing. ie they want the final funds to be utilised such that buyback ends on a SPECIFIC day - perhaps timed with the next results.
2) They are pausing due to market sensitive information/discussions relating to recent press activity and it is not appropriate (or even legal) to continue buyback operations
I expect it's simply 1 - they don't want to finish it yet. I would of course prefer it to be 2 ! |
In our household we are experimenting!Out has gone Netflix (not much happening there) plus Virgin (expensive) and in comes ITVx subscription. Amazon Prime stays.Reviews of Now TV very poor. |
We were in a tile shop over 25 years ago with my girlfriend, looking at kitchen floor tiles. Another woman was also browsing at tiles, and made the comment to the salesman, " I want to get away from grey". some time later, I suggested to my girlfriend, some grey coloured tiles, and she made the comment. "I want to get away from grey".
Some people are easily influenced/manipulated!
Watched The fabulous Baker Boys, and The Panio, on ITVX premium last night, excellent! Normal tv is on a 10-20% decline, over 10 years and action needs to address this trend. ITV has taken this initial action so that a New UK broadcaster can challenge the onslaught of paid entertainment viewing.
The licence fee has to be included in the solution, and ITV has to become unecumbered to enable this. ITV is part of the establishment!! |
That's the first I've heard that they may start charging netflix viewers the TV licence fee. But there are a few recent articles on it it seems. The government denies it is under "active consideration" so it very likely is. I stopped paying the licence fee about 10 years ago as was fed up funding them to push their propaganda down my throat and would be annoyed if they now expanded who has to pay it. As one person said it would be "like Sainsbury's billing you for the shopping you've just bought in Aldi"! |
Lol the author of that article thinks BBC News is "impartial". Laughable. |
What could shift ITV share price North is if viewers of Netflix (or other streamers) have to start paying the BBC licence fee that would make terrestrial ITV a lot more competitive. |
Robwt: We might do a Japan and be stagnant for decades - with an aging population and the young that we do have dont watch much TV.... TV is a declining industry.... It might be a good idea to get out of it and give the money back to shareholders (as ITV did with britbox). So a sale of the studio business might make sense (it is where nearly all the value is left)...who knows how much value will be in it in 10 years time? No one really knows.... Its a bit like one of ITVs early hits:
TAKE THE MONEY or OPEN THE BOX (was it with Michael Miles?) |
Do we need a studio sale in the midst of this stagnant economy. ITV's value is as a whole, over £5bn imo, don't wish for something that splits ITV, it will be a bad deal! |
Keep any M&A or piece meal sell offs at bay until after 6th March, a lot of holders want the dividend announced and paid. If McCall has it in her power issue a 3.8p final. The share price is on the floor, so as far as we all should be concerned is someone nicking the Studios for peanuts.
Let ITV get through this year and be thankful for that dividend which is one of the highest yields in the FTSE 250. |
Assuming there are no buybacks today as well it will be eight trading days since buybacks stopped. We have seen pauses in the past lasting approximately the same period. |
Also, no buy backs for 2 weeks. Is that because they can’t when in discussions? |
Isn't it usual to put out an RNS to counter or confirm the speculation in the media about a possible take over of the company?
With the rider that several companies have made enquiries and that it's early days and there is no guarantee that a deal will be done. |