Itv Share Discussion Threads

[jimbull] 21/5/2024 14:25

Huckers MAR stands for Manipulative Antics by Rogues!

You are right tlobs, something is definitely amiss. Perhaps MetthewR could explain why this is so depressed after good numbers?

[huckers] 21/5/2024 14:22

I dropped ITV investor relations a short email enquiring about the buy back programme and I have just received this response:

"We briefly stopped the buyback programme because of the share price performance following our Q1 trading update and the regulatory price cap under MAR. The programme resumed yesterday."

Anyone know what MAR stands for?

[tlobs2] 21/5/2024 14:02

Who said that this price was being manipulated to hold it down to around 75p?Given the last trading update this should be flying. The undercover working on the dark side are at work here clearly.Who reigned in the share buy back program and why ??

[stansmith1] 21/5/2024 13:57

When will the claims of obvious manipulation from the plebs start again, first port of call when share price doesnt go up in a straight line.

[netcurtains] 21/5/2024 13:20

you definitely can make vague offers for a company without it being made public... Firms must get offhand offers the whole time. Like down the pub, If I buy it for £2B - would you be interested?
Its only when they start buying shares or calling accountants in (or similar) that I think they have to make it more serious.

[institutional investments] 21/5/2024 13:17

Not looking to too good for ITV out there. Seems like it's being traded in a new world now

[royston6] 21/5/2024 13:12

MattewR I do not agree with your posts calling Goldfinger a liar. As I read it it was a re-post from last March and I couldn't see any falsehoods. Regarding the other points you made, didn't Silchester insidiously grab 5% of ITV without being tumbled.

From February 27th 2024.

London-based asset management firm Silchester International Investors has built a 5% stake worth around £120m ($152m) in ITV, the UK’s largest commercial television broadcaster, according to a report by Morningstar citing regulatory filings.

The stake makes Silchester, which was founded in 1994 and focuses on international equity investments, ITV’s seventh largest shareholder, behind telecommunications company Liberty Global (9.83%) and asset managers Brandes Investment Partners (5.83%), RWC Asset Management (5.63%), Schroder Investment Management (5.2%), Artemis Investment Management (5.1%), and Threadneedle Asset Management (5.07%).

Shares in ITV fell 1% yesterday, having lost 33% of their value in 2023.

ITV was launched under the name Independent Television in 1955, with the aim of challenging the BBC’s monopoly at the time. Its revenue comes from ad sales and the production of shows that are then sold to other broadcasters.

The broadcaster has struggled in recent years as viewers increasingly favour streaming services. Revenue from its studio business has increased, however, due to shows such as Love Island, Come Dine With Me and the 2024 drama Mr Bates vs the Post Office, which covers the UK’s Horizon post office scandal, with its first episode drawing in 9.2m viewers, according to a report by The Telegraph.

[bigegoadvfn] 21/5/2024 09:52

ITV Buyback Analysis ( 13.7% complete )

Finally a reason to update this!

[tlobs2] 21/5/2024 08:19

No news yet, just more tripe from goldfinger!Hopefully the buy back will start again shortly to smoke those shorters out :-)

[lauders] 21/5/2024 07:42

No. Thursday:

[netcurtains] 21/5/2024 07:35

Is it Dividend Payment Day today?

Nope.

Its May 23rd (THURSDAY)

[matthewr1] 20/5/2024 21:26

Mmmm.. I don’t think a 26 year career at merrill lynch , 10 of which as an MD running a trading desk is a wannabe city boy , or perhaps I’m wrong.

[jonnybig] 20/5/2024 21:05

Ignore Matthew. He's a wannabe city boy who's totally ignorant!

spud

[jimbull] 20/5/2024 18:40

Stan...you need help mate, posting to yourself could mean your a mental case....you have a worm in your brain!

[jonnybig] 20/5/2024 18:32

Ffs, get a brain guys! The last buyback before the "break" was a tiny 2k as the algorithms came out of sync, and today another small amount as the buyback comes back into sync. Volumes will be back to normal as from tomorrow. MARK MY WORDS!

spud