Itv Share Discussion Threads

[nakedmolerat] 07/3/2024 14:50

i have just come here to point and laugh at stan :D

[jubberjim] 07/3/2024 14:45

Got taken @ 67.89 and will now sit tight

Good luck those who remain

[amishp67] 07/3/2024 13:39

Should be 90p

[jonnybig] 07/3/2024 13:28

Yep, the free float is so tight and the buyback so huge this is only going one way! And adding the shorters into the mix who need to cover themselves FAST, this rise is like watching the space shuttle taking off!

[netcurtains] 07/3/2024 13:01

Yep the big institutions are miles away from "break even" yet so a long way to go...
The share price recovery has hardly started yet....

[tlobs2] 07/3/2024 12:55

I love days like these where the rats are climbing over each other to try and close their positions...... and it gets more expensive for them by the hour :-)


And NY I don't believe you're long. Poor and amateurish attempt at negative de-ramping and doom mongering earlier.


70p by close of play today?

[davius] 07/3/2024 12:39

0.2p more per share and I'm back to break even, haha.

Re buy backs, I think what's happening at Lloyds is a reaonable indicator, up days and down days, but a steady rise over time. And they've barely started the buy back in percentage terms.

80p seems a fair target to me, in the next few weeks.

[jubberjim] 07/3/2024 12:33

From reading previous bits and pieces on this board not many shares available so unless the institutions holding decide to sell is going to be a squeeze.

I will be letting some go at 70 but Fch done the bizzo tday

No pressure

[loginname] 07/3/2024 12:17

It's going up too fast!
Morgan Stanley need to slow down a bit and leave some shares for the rest of us!!! ;)

[jonnybig] 07/3/2024 12:16

Come on 70p, you know you want to!

Time for an update from goldfinger!

[jubberjim] 07/3/2024 12:09

Theres your 10 percent Netty

Not too shabby

[unastubbs] 07/3/2024 11:47

from today's Lex in the FT - it mentions ITV as being one of many undervalued shares in the UK's Poundland Market

[jonnybig] 07/3/2024 11:37

Good point, davius. The costs of issuing more shares if the need arose did cross my mind.

So we have Morgan Stanley buying shares in the 60s when their own broker note valued them in the 40s. Oh the irony!

[stansmith1] 07/3/2024 11:35

trikyone of these years your 100p by xmas will occur...

[davius] 07/3/2024 11:29

There are several advantages of holding treasury shares, including:

- being able to sell treasury shares to new investors without having to incur the costs or carry out the necessary procedures of a formal share allotment;

- having the potential to restore the company’s distributable profits when the treasury shares are sold, as the proceeds up to the original purchase cost are treated as distributable profits;

- not needing the expense of running an employee benefit trust to meet employee share options where the company has sufficient treasury shares;

- not having to complete all the formalities of cancelling the shares.

[unastubbs] 07/3/2024 11:07

im in at 58p but only for a few. i have small regret not buying more. i'm still a little niggled about the shares not being cancelled from the buyback and i would really like an explanation on that. but the share price obviously is going in the right direction now so i'm not too sad!

[ny boy] 07/3/2024 11:02

How much are you all trapped in higher up to break even?

The share price has been drifting for a very long time with many dead cat bounces.

I bought 58 recently but looking for a trade at 70, equities markets will correct 10%+ over the next few months, the forward indicators are not healthy at all. 25% increase in the S&P500 is unsustainable

[geckotheglorious] 07/3/2024 10:59

Happy with those results.
As pine says, best tucked away in an ISA and a SIPP. Decent divi.
And, one hopes, some decent capital gains to come.

UK is open for M&A activity.