Itv Share Discussion Threads

[jonnybig] 22/5/2024 15:17

Excellent summary post 7680, bigegoadvfn. These stakes are a great idea. All that is "lost" is some advertising space which will simply be added on to existing space so is effectively cost free, with huge upside potential.

spud

[bigegoadvfn] 22/5/2024 14:17

netcurtains22 May '24 - 14:01 - 7681 of 7682
I've been glued to ITVs "Fortune Hotel" for the past two weeks...
What have I missed?



ITV went up a bit, some people moaned it wasn't worth it.

ITV went down a bit, some people moaned it was worth more.

Not much else!

[netcurtains] 22/5/2024 14:01

I've been glued to ITVs "Fortune Hotel" for the past two weeks...
What have I missed?

[bigegoadvfn] 22/5/2024 13:46

Anyone bashing the RNS today about Strike/Purplebricks - probably doesn't fully understand what is going on.

I find "ITV Adventures Invest" is an exciting addition to the ITV portfolio of assets.

Describing it simplistically - they are playing Dragon's Den - offering early stage companies advertising airtime in exchange for equity stakes.

The portfolio is already quite diverse (see link below for more details) and I am more than happy for ITV to inject more diversity into their future income.

They only have to get lucky and get a stake in the next Reggae Reggae Sauce or Ring Doorbell for this part of the business to hit the bigtime and be yet another 'down the sofa' asset not priced in (just like the Britbox stake was)...

I hope they keep it up and build a huge investment portfolio!

ITV currently own stakes in:

Flarin
hxxps://flarin.co.uk

PitPat
www.pitpat.com/

Resi
hxxps://www.resi.co.uk/

carwow
hxxps://www.carwow.co.uk

Feel
hxxps://wearefeel.com

ismybillfair
hxxps://www.ismybillfair.com

SPOKE
hxxps://spoke-london.com

what3words (you might have used this yourself!)
hxxps://what3words.com

THIS
hxxps://www.this.co

Strike/Purplebricks
hxxps://www.purplebricks.co.uk/



More details:
hxxps://www.itvmedia.co.uk/new-to-tv/itvadventures/itv-adventures-invest

[netcurtains] 22/5/2024 13:41

Dividend Payment tomorrow....
No idea what I'll do with the cash...
I guess if ITV goes down enough today I'll bung it back into ITV...
Depends...
I'll see how it goes...

[geckotheglorious] 22/5/2024 13:29

Cant see the point of this investment in an Estate Agency.

Just sell the company.

This is just wasting money whilst treading water imo

[blackhorse23] 22/5/2024 13:09

1.5 million with opinions another 3 million which is waste , knowing company in liquidation

[huckers] 22/5/2024 12:44

It's media for equity - free advertising at a low point in the advertising cycle. A shot to nothing as I don't think it costs ITV anything.

[frenchfry] 22/5/2024 12:35

Perhaps it’s a not so subtle way of hauling the ‘For Sale’ sign over the company.

[blackhorse23] 22/5/2024 12:21

Why ITV is investing money in bankrupt company Purplebrick??? awful

[frenchfry] 22/5/2024 11:43

Is the ITV share price accurately valued by the market? Who knows? You pays your money and you takes your chance.
But in the event of a takeover bid (however unlikely) what kind of premium might it attract?
Relatively recent examples of how the market can on occasion be wildly out of step with underlying valuations - Hotel Chocolat sold for a 170% premium, Lord Ashcroft’s Impellam had a 155% mark-up, and logistics group Wincanton taken out for 104% more than its pre-bid price.
For those dismissive of a decent take-out price for ITV, careful for what you wish for if selling up possibly prematurely!
Might never happen, but if it does…

[huckers] 22/5/2024 10:27

What is soon? The kids need new shoes.

And, if I may ask, what's your price target?

Assuming the rally continues, what are people thinking?

[davius] 22/5/2024 10:18

Deutsche Bank raises ITV price target to 90 (80) pence - 'hold'

[matthewr1] 22/5/2024 09:08

Horrible UK inflation print. Fuel for the bears.

[kelso29] 22/5/2024 04:24

I know some of us slag off Jonnybig, but his post 7633 is uncannily accurate!
Alternatively, with that sort of knowledge he should be making millions and not mucking about on this BB?

[matthewr1] 21/5/2024 19:13

Johnny big , I’m intrigued. You were correct to predict the bounce in buyback volume. Please explain what you meant by ‘algos out of sync.’

[matthewr1] 21/5/2024 19:06

But I repeat marks. GF implied Malone and Silchester are in league. Zero chance. Based on what evidence? Just because he’s not familiar with silchester doesn’t make it plain vanilla. And that’s exactly what they are and their 5% investment is. Absolutely zero evidence ever of those two being in league. Just makes it up as he goes along. Baby reindeer.

[matthewr1] 21/5/2024 19:02

Marks I agree with everything you say.

[stansmith1] 21/5/2024 18:52

or maybe rats in a barrel sums it up better, wtf are they like

[huckers] 21/5/2024 18:52

I am fairly certain Liberty will sell their holding at the right price. Malone has already publicly touted it in a November 2022 CNBC interview. That is the only direct evidence I’ve seen that ITV might have been in play during that period of time. It felt to me like he was trying to drum up further interest.

I am not suggesting anything is happening in that regard now though.