Itv Share Discussion Threads

[tlobs2] 15/3/2024 12:56

As posted earlier this is going to be a long drawn our rise for many weeks and months to come. There isn't 300 million of cheap slack shares in the system.

Half a percent average increase a day will do just fine.

[thebutler] 15/3/2024 12:37

Looking very strong here. You ain't seen nothing yet - looks good for 80p within the next week. Glad I topped up in the 50s.

[blackhorse23] 15/3/2024 12:36

Excellent finding, going to buy 50k shares today , I think it will surge to 100p plus

[jacko07] 15/3/2024 12:27

Nice boost from Shore Capital who say ITV share price is worth at least 60% more than 72p....that would be 116p. Can't be bad!

[stansmith1] 15/3/2024 12:19

kelso

wtf, all the hold from 136p to 56p brigade are now super secret mega investors who dont talk rubbish....all they spewed until about 6 months was itv is going up...

super gaslighters more like, soon they will all be posting that the added significantly at 56p...

...and they are still behind the curve lol

[loginname] 15/3/2024 12:14

Back to ITV...

[jacko07] 15/3/2024 12:12

I'm happy that so many investors talk complete rubbish and haven't a clue. Makes making money simple for the rest of us.

lmao...Keslo, your posts suggest that you are a main contender in talking rubbish, last week you were slagging others off for informing you that a buyback wasn't going to push this to 80p. Seems those you accuse of talking rubbish live in the real world and you should wind your neck in or stay stuum, because every time you post you make yourself a know nothing pratt.

It's obvious you are a rookie at this game, last week after a huge gain and when the share price didn't shoot up more to quell your losses, you turned on the many seasoned investors on here and threw your toys out of the pram.

Let's face, you are a know all who knows nothing...Calling others out for talking rubbish is a bit rich coming from the thread's prize plonker.

[kelso29] 15/3/2024 11:47

I'm happy that so many investors talk complete rubbish and haven't a clue. Makes making money simple for the rest of us.

[netcurtains] 15/3/2024 11:24

where are these people coming from?
What is wrong with them?

[stag6] 15/3/2024 11:21

Typical that a buyback is announced by the comatose ITV BoD after they sell their piece of BritBox, those funds should have either paid down debt or a special dividend paid to shareholders nursing losses from a sick dog'

A buyback helped the share price a little bit from a 60% loss to a 50% loss since Lame Dame McCall arrived at ITV. She has the opportunity to give something back to disgruntled shareholders but chose to give Morgan Stanley a nice lump of commission in a buyback that will do zilch for shareholders.

Talking to a guy this week who had just sold his entire large holding of ITV for 68p to get out for good. He stated it's the worst BoD of any media company out there! and many would agree with that sentiment!

[netcurtains] 15/3/2024 11:09

jacko07: If a 1% rise is normal for you... Great. I'm happy with the new normal..

[blackhorse23] 15/3/2024 11:05

In addition: 235 million pounds to share buyback

[blackhorse23] 15/3/2024 10:57

Ex dividend date 11th April & pay date 23rd May @ 3.3p per share

[jacko07] 15/3/2024 10:54

netcurtains, Slater5 is about right that ITV are now back to flat lining...it may not be normal to you that they are buying back shares, but it now old news. Sadly you think this 300 million share buyback has more legs, isn't that 25% rise a great bonus.

Go and look at the Lloyds £2 billion share buyback, the bloody share price fell from 45p to 40p, buybacks have an effect when announced, traders take their profits and then it's back to the same old..albeit the share price is higher!

If ITV's buyback is to bolster the sp, then great, it's 25% higher which has put around 500 million on the Mkt Cap.

[matthewr1] 15/3/2024 10:51

Good morning everyone. I’ve just heard back from an old colleague that a buyback can go up to 25% if the daily volume. Also it cannot lift offers (ie has to sit in the bid).

[netcurtains] 15/3/2024 10:47

Jacko07: That argument only works round ex-dividend date... 5%-7% big blip...
But generally the curve should be slightly upward for the next 2 to 3 months....

You're right, in the second half of buybacks, (4 to 5 months) the buyback will not be enough. ITV will need to prove beyond doubt that ITVx is working well and that advertising is slowly rising again...

But that "news" does not need to happen for at least 3 months.. ITV have quite a bit of rope or slack to play with.

[tlobs2] 15/3/2024 10:45

jonnybig, what you mean is your guess.


I think 80p is too low an average price over such a huge buying spree. We are not far off 80p now and that after less than six million shares being bought back. ;-)

[jacko07] 15/3/2024 10:43

Thats only taking into account the buyback. What about greedy investors that want a slice of the action? Heads will be turning and there may not be sellers available at low levels pushing the price higher.

millenialinvestr.....ITV were 57p end of February, they have risen 25% to 71p and have been there for a week.

Buyback premium is over, this has hit it's high and will now do nothing until ITV issue some good news or new buyers come in to play, it's going to stay at this level until it goes ex div and then it will fall below 70p. I posted last week that many on here think that a buyback is going to see more rises in ITV, sadly it will not happen, a bid or buying frenzy may happen but ITV sweeping up a couple of million here and there won't change anything, you have had your 25% and should be grateful.

The rise from 57p to 71.70p is it, it is stuck here until something happens or a bunch of fresh buying interest arrives.

[netcurtains] 15/3/2024 10:42

slater5: "now back as usual"...

That does not make logical sense...

Its NOT usual for ITV to buy loads of shares almost daily.
That is NOT normal..

Sorry.... but clearly that is not a rational thought. The share
might rise or fall but it will not be due to the normal trades,
the shorters will need to sell much larger numbers constantly
to make a profit...

[slater5] 15/3/2024 10:37

This buyback has had it's rise, ITV are now back to usual!