Itv Share Discussion Threads

[huckers] 27/4/2024 17:57

Google and others reported results this week and digital advertising is improving. Hopefully we will see that reflected in ITV’s TV and ITVX advertising numbers when they report on the 9th May.

If the signs are there, then we can hope to see the share price move up another leg.

Does Hades have any insights?

[netcurtains] 27/4/2024 17:25

Sky was taken over for round about £22bn
For ITV to get taken over for similar amount the buyer would need to offer
ITV about £7 a share.......

[huckers] 27/4/2024 14:53

The post is still there.

[cautios7] 27/4/2024 14:39

Goldfinger posted some info about Bhodi Tree and Banijay and a proposed deal at 108p.

I see that the post have been removed.

[huckers] 27/4/2024 14:23

What does your friend do in the City?

In mid March, goldfinger posted he knew that Bhodi Tree had considered a low ball offer. I think we all took that with a very large pinch of salt.

[jacko07] 27/4/2024 13:57

MatthewR or anybody here know anything about the rumour of a bid from Bhodi Tree for ITV earlier this year. I am informed by a City friend that it was a genuine approach with full backing but was halted.

Has anyone heard anything, there is nothing on the LSE board or on the news.

[matthewr1] 27/4/2024 10:19

Tlobs , yes sadly. The rules on buybacks are pretty strict so that they can’t be used to manipulate a share price (upwards). That’s why it cannot initiate new highs and can’t therefore take new higher offers. It also has to be passive in terms of volume which is why it’s limited to max 25% of the order book volume. So yes sadly , we are very much held to the daily volume , which event volume apart (like upcoming trading statement) , means it’s going to be thin as we approach ‘sell in May come back on Labour Day (summer) volumes.

[netcurtains] 27/4/2024 08:37

tiobs2: I think the reverse.
the lack of legal protection of the doctors, I felt meant that ITV wanted to sell this to China as it makes out the UK is a police state and the individual has no powers here...

Indeed, it claims (laughably) that if you come here, you get sent straight back to where you came from even if you have a British passport...

That clearly is 100% the reverse of the truth so I assumed the plot line was designed to appeal to the Chinese regulators...

Some of heroes were Chinese British.

[tlobs2] 27/4/2024 08:04

matthewr1, so if there aren't many shares to be bought at 70p we sit here in limbo? I can't see that working.


Oh and Davius, I'll give Red Eye a try. I'd have thought that the bad guys are/were the Chinese just like when they distributed covid around the World.

[netcurtains] 27/4/2024 07:12

I struggle to understand how ITV could lose money on Mr Bates...
It did not need a big budget production to film a load of sub postmasters,
a couple of tea-rooms and Snowdonia..
I think the only problem I can think (concerning the £1m) is the loss of
audience share as a result of showing the program... But even that did
not happen - it had multi-million audiences....
I suspect ITV are crying wolf - perhaps over inflating the cost of
production to get political sympathy for when they make some big money...

[davius] 26/4/2024 21:59

Well Mr Bates vs the Post Office might not have much international appeal, but we've just finished watching Red Eye, which certainly does. A gripping drama which stars Richard Armitage and Lesley Sharp and includes MI5, MI6, the CIA and the Chinese. You don't find out who the real bad guys are until the end of episode 5.

Well done ITV, another corker.

[stansmith1] 26/4/2024 19:48

markno you are you wrong, the plebs were hooked by mr bates and obviously everyone else in foreign countries was too, it hasnt recouped its costs - thats ok if continues to sell well, itv should make more content that is aimed squarely at british plebslol

[huckers] 26/4/2024 19:03

That second link is behind a paywall (or you have to sign up). But thanks for the positive links.

[wsb diamondhans] 26/4/2024 18:53

Julian Bellamy is literally the antidote for Kevin Lygo!

hxxps://www.broadcastnow.co.uk/itv-studios/julian-bellamy-there-are-grounds-for-optimism/5192700.article

[wsb diamondhans] 26/4/2024 18:48

“Most British producers will find themselves very welcome in America.”

Hell yeah!

[marksp2011] 26/4/2024 16:31

I think the point Lygo was making was that the dayta to day linear viewing and advertising couldn't make good quality drama profitable unless it was on a topic that was of interest globally.

I read it as...the future is the studios business making content that has big potential audiences, UK isn't important any more.

A slight big at Public Service Broadcasting too. No money in it.

[blackhorse23] 26/4/2024 10:54

Policy to buy back to take out more shares from market so share price VALUE go up slowly, steady capital gains for long term holders & sellers die down

[matthewr1] 26/4/2024 09:17

No Tlobs , a buyback is not allowed to lift offers / initiate new highs. You are implying they will just move the buyback to some higher price point. That is not allowed , and won’t happen.
PASSIVE.

[blackhorse23] 26/4/2024 08:20

Looking good in here

[tlobs2] 25/4/2024 17:09

Is it a loss or a case of just going over budget. Not even sure why the idiot even mentioned it. It's a drop in the ocean.


Meanwhile ....

Date of purchase:

25 April 2024

Number of ordinary shares purchased: 1,589,344

Highest price paid per share (pence): 70.60

Lowest price paid per share (pence): 69.80


If they want to buy lots more then they are going to have to raise their offer to 80p-85p

[stansmith1] 25/4/2024 16:31

the streamers that itv said it was taking on view it as a badge of honour when they splurge a fortune on a loss making programme all with the aim of enlarging their business in some other way...

[greenhat67] 25/4/2024 16:00

Perhaps this is Lygo’s Gerald Ratner moment and with luck he’ll take the lame Dame with him

[netcurtains] 25/4/2024 14:33

The £1m loss on mr bates mini series…. In reality this shows how much money ITV studios is making out of these shows