Itv Share Discussion Threads

[jonnybig] 02/5/2024 18:33

Morgan Stanley should start upping the ante and buy back many more shares. That will really get the share price motoring!

spud

[stansmith1s mum] 02/5/2024 17:46

Only us left dear.

Sorry about Stan everyone - he thinks he's the Messiah, but he's a very naughty boy!

[bigegoadvfn] 02/5/2024 13:59

Thanks Huckers - somebody liked what they heard perhaps!

[huckers] 02/5/2024 13:56

Two 1m volume off-book trades went through at 70.7p that seem to have led to price spiking up quickly after. Will it settle back..?

[bigegoadvfn] 02/5/2024 13:50

Er... What exactly did they say at the AGM then?!!!

[kelso29] 02/5/2024 13:25

"Directors have intimate knowledge of their companies trading" I think you are being a bit generous regarding directors ability,whilst some are mustard, most are useless and are there on the gravy train until they are forced to retire.

Jonnybig

[jonnybig] 02/5/2024 13:02

LOL!

spud

[jonnybig] 02/5/2024 13:02

LOL!

spud

[matthewr1] 02/5/2024 12:41

Net I agree with you that directors know little more than the man in the street about the markets and market timing , but as Geck says too , they have intimate knowledge of a companies trading performance, which gives them an edge.
When you did your study , did you strip out director share scheme buying? A common practice where one can buy their companies scheme in a tax efficient manner (like out of gross income). Clearly not directional bets , but common place. Also same question re options schemes? Often sold for tax prurposes etc , again not directional. Finally , I remember being told one should strip out life events like divorce… makes a director a forced seller , and again shouldn’t be included as a directional bet (for director buying and selling). Like all data , it can be manipulated to paint whatever picture one wants.

[geckotheglorious] 02/5/2024 11:07

Directors of companies have small windows within with to do their trades so, whilst not 100% accurate in their predictions, given they are intimately familiar with the company's operations as you say matthew, it is often a good signal yes.

[netcurtains] 02/5/2024 11:06

matt: That is on one side. The other side is directors are notoriously bad at knowing what the market thinks..... So often the price goes directly the reverse.... Eg they could think "oh dear just look at Israel.." then the next minute peace breaks out....

[matthewr1] 02/5/2024 10:46

Net , we’ve had this conversation before and we will both beg to differ , which is fine.
With the greatest of respect you’ve done one study. I traded in the markets for 25 years and on occasion it was definitely a good indicator. Think about it. Directors have intimate insight into the dealings of a company and know therefore for example when trading conditions (like advertising revs) are turning. In those circumstances (unlike a bid) they can buy or sell accordingly. Let’s continue to agree to disagree.

[loginname] 02/5/2024 10:43

“ AGMs are 99.9% a waste of time”

Maybe but I’m still curious to watch it at 11am today. Anyone got a link?

[netcurtains] 02/5/2024 10:32

I've done a study of director dealings (using a large sample)...
There is no relationship to them buying or selling and
price rises or falls..

Its purely random.

[matthewr1] 02/5/2024 10:22

AGMs are 99.9% a waste of time (unless there is a planned revolt on director remuneration). With the trading statement due in less than a week , make that 100% a waste of time.
Directors are not allowed to buy stock if the company is a target as that’s insider dealing.

[huckers] 02/5/2024 10:20

It was 17k shares, hardly meaningful.

And directors are not allowed to purchase shares if they have inside knowledge of corportate action.

We would all welcome a bid but that RNS is a nothing burger!

[jonnybig] 02/5/2024 10:15

Nice director buy. Getting in there before the takeover!👍

spud

[bigegoadvfn] 02/5/2024 08:40

ITV Buyback Analysis ( 13.4% complete )

Uptick in Buyback volume yesterday - back above daily average.

[reidy66] 01/5/2024 20:41

2 chunky after hrs buys posted

[loginname] 01/5/2024 18:08

Does anyone have a link to the live webcast for the AGM tomorrow?

I can only find previous recordings on the investor centre:

hxxps://www.itvplc.com/investors/shareholder-information/previous-agms

[wsb diamondhans] 01/5/2024 16:39

ITV Studios unusually sells a subsidiary (purchased in 2019) - financials not disclosed, all cashflow positive, but probably relatively small amount, no idea.

hxxps://www.hollywoodreporter.com/business/business-news/itv-studios-armoza-formats-sale-israel-1235887655/

[netcurtains] 01/5/2024 15:02

Perhaps I'll post a few messages and see what the pros on the board thinks...