Itv Share Discussion Threads

[netcurtains] 10/7/2024 08:09

Interesting results from STVg last week (hope some of this follows through to ITV)

Total Advertising Revenue (TAR) up 5% in Q1 and expected to be up 15-20% in Q2 driven by Euro 2024

· Overall, H1 TAR expected to be up around 10-12%

· 3-year cost savings plan on track to deliver £1.5m this year as guided

· UK Media Act now law, guaranteeing prominence for STV Player

[wsb diamondhans] 10/7/2024 06:29

DaveyB - yes massive media deal generating a lot of chatter here for sure. What do they do next?

www.reddit.com/r/MediaMergers/comments/1dyqi6c/will_skydanceparamount_go_on_a_library_hunt_once/

[stansmith1] 09/7/2024 22:24

I wonder when the penny will drop on the pleb thread regarding the buyback

[davebowler] 09/7/2024 21:20

htTPs://uk.marketscreener.com/quote/stock/PARAMOUNT-GLOBAL-14804/news/Paramount-Agrees-to-Skydance-Deal-Ending-Redstone-Era-47337542/

[matthewr1] 09/7/2024 11:11

Smurfy , what makes you say that? The only reason they didn’t cut at the last meeting was they didn’t want to be seen to be influencing the election. They won’t have that issue come August 1st.
The BOE has two mandates , that’s it.
The first is to maintain financial stability , which is not relevant now.
The second is to control inflation. The target for that is 2% which we hit last month. As that is now achieved (imho) we will 100% cut. In fact , I’d say a 50% chance we cut 50bp. (Subject to inflation prints beforehand).

[tlobs2] 09/7/2024 07:54

For some reason the share buy backs have been put on the back burner for the last week. The office junior running the scheme for ITV must be away on a club 18-30 holiday again ;-)

Quite reassuring that there are now three quite significant short positions open. A nice insurance policy.

[huckers] 09/7/2024 07:08

ITV declared short interest up to 1.73% (Qube Research +0.02%, which takes them back to 0.51%). About 70m shares declared short.

[spawny100] 08/7/2024 22:27

I read one trader has a 2 million quid bet on a 0.5% reduction in August and stands to win 8 million quid if it happens!

[smurfy2001] 08/7/2024 21:17

Not happening in Aug.

[matthewr1] 08/7/2024 21:08

Thanks Kelso , helpful. Money markets predicting pretty much nailed on BOE cut.

[kelso29] 08/7/2024 20:59

Key dates coming up:
July 11 US inflation figures
July 17 UK inflation figures
July 18 ECB interest rate decision
July 25 ITV interim results
July 31 FED interest rate decision
Aug 1 BOE interest rate decision
The market currently thinks that the ECB and FED will leave rates as they are, but the BOE could well do a cut in rates.

[loginname] 08/7/2024 19:10

Interesting for sure.

So many parties buying and selling - and all for nothing as the day closes flat…

[huckers] 08/7/2024 18:47

Quite an interesting closing auction with the price recovering to close flat for the day.

[matthewr1] 08/7/2024 15:57

I believe it was Denis Healey who said ‘it’s like being mauled by a dead sheep.’

[stansmith1] 08/7/2024 14:34

Lol @ MatthewThat thread has long been an echo chamber where only upbeat posts (even if lies or based on nothing) are truly welcome.I am amazed you are still posting given the obvious coordinated attacks on you.They tried the same routine on Slater who put them back in their box, but why he persists there I don't know.

[geckotheglorious] 08/7/2024 13:58

Keyno/Davius

Likewise get mine from II every morning...

[keyno] 08/7/2024 13:23

I get mailing from II. ADVFN also do a free mailing, loginname.

[marksp2011] 08/7/2024 11:28

The record June advertising comment was released on July 4th (so is priced in)

LOL

I will give you a different example

Kier CEO had two years of reports delivering exactly what he forecast and the share price went down into the low 60s
The last set of reports were exactly in line with his forecasts and the share price took a flier running from 60p to 150p in a year. All they did was deliver to their midterm targets.

matthew I don't see much of a short term relationship between price and fundamentals. I would argue that disconnect can last years.

If efficient markets really existed and all actors traded on the basis of the information that is publicly available we wouldn't get the moves we do.

[loginname] 08/7/2024 11:22

Content library just keeps growing…

“Critically acclaimed thriller, Malpractice, commences filming today in Belfast.”

[davius] 08/7/2024 10:48

I get mine emailed every morning by II

hxxps://www.ii.co.uk/news/london-broker-ratings-ubs-cuts-gsk-rbc-raises-melrose-industries-al1720427247270845800

[loginname] 08/7/2024 10:23

Cheers what’s the best source site for these rating updates with free access?

[keyno] 08/7/2024 10:01

Barclays raises ITV price target to 90 (85) pence - 'equal weight'

[davius] 08/7/2024 09:54

Barclays raises ITV price target to 90 (85) pence - 'equal weight'