CAN opens at 258p , HL suggests 2.5bn market cap. |
350K...if they rise 30p you are £100k up, good for you, a big cheer if they hit 105p!!
Good Luck and Merry Xmas to you all!!!! |
Stewart19, here are 24 from 2024 so far (5 FTSE-100 and 19 FTSE-250).
That’s about 1 every 2 weeks!
Also
“Investors on the receiving end of a bid have cottoned on to the fact that many predators are not giving up if their first offer is turned down. That’s given many shareholders confidence to say no at the initial bid and ask for more – because, in most cases, they are getting it.”
And
“ The average bid premium was 45%” |
Looks like some of these Behemoths have noticed ITV, however the UK remains an investment graveyard.
Talk of bids for UK companies is everywhere, but nothing ever seems to happen. |
The more you talk, the more sluggish the share price will be |
ITV, ITVX and ITV Studios would help so many different companies with their own offerings, strategies and growth.
I’m not selling until one of them steps up and makes me a great offer |
 Ref; Apple. Took this short piece and pasted it here, it has not been linked to any journo but I assume it is poignant to recent events.
Some of the financial media journalists were saying it was sound economic sense for Apple to obtain ITV the UK Broadcaster. Studios and content are being included in a mkt cap so low it will be taken over sooner than later. Clearly there are going to be a lot of changes in brands and offerings, possibly happening faster in some cases than some viewers behaviour. ITVx are currently in real terms getting streaming numbers higher than any of the big names.
And no doubt these takeovers/ mergers etc, will impact viewing in the long term. But let’s not forget it’s not just a household brand name that could potentially be on offer here to Apple or one of at least three others. The beauty of ITV is its ability to deliver fantastic (what we call) ‘compromise TV’ that people including the 18-30 year olds can agree on and often enjoy together more than watching privately.
Very exciting times for those at ITV |
Telegraph on Canal+ listing in London tomorrow :
“Ultimately, Canal+ aims to expand into a truly global media group with as many as 100m subscribers.”
They’re going to need to grow through acquisitions and they need lots of content.
“Meanwhile, bidders are reportedly circling ITV and its booming production business. Could either of these be appealing takeover targets for Canal+? “Not today,” Saada says, deploying a favoured phrase he claims to have borrowed from the video game Call of Duty. It is the cautious approach of an ambitious chief executive reluctant to rule anything out.”
Never say never!
Wayback archive to avoid paywall. Click Go at top to reformat. |
Thanks Login for the info.
Good PR for ITV, a public broadcaster.
When a barely dressed A list female celebrity turns up, it might be worth watching, just to see the expression on the "audience faces". |
BBC airs the pilot - then ITV steals the show, demonstrating commercial strength. |
bouenosaires and bigego getting great with each otheralmost like they have the same thoughts and goals, even to the point they only post about itvbouenosaires hasnt been a member for six months like bigego though, he is much newer, joining three weeks agotry harder guys |
StudioCanal presents …. On ITVX
Truth is Canal+ and ITV already work together a lot. Unsurprisingly you can find ITV Studios content on their service too.
Collaboration note from last year
The biggest surprise is that Canal+ seem to have a channel called iTV !!
Not sure how they get away with that. |
Thanks Bigego, Will check it out.
Been checking the average and median share price value of ITV, since floated.
12 values of share price = Median value 96. Average value = 109
The values of 96, and 109, both give an overall share price of 102.5 , since floated.
That explains why the share price retreated when 89p was reached.
There's a median value calculator online to input your own figures. |
bou - go to the link below and register for a free account. In the Ownership Breakdown section they have a good breakdown related to what you are asking. Eg they say the ‘general public’ own 8.72% of ITV - after excluding all other holder types.
Owner Type, Shares, Ownership Percentage
Private Companies 1,712,446 0.0452%
State or Government 2,816,571 0.0744%
Individual Insiders 10,449,411 0.276%
Employee Share Scheme 30,321,634 0.801%
General Public 330,178,296 8.72%
Public Companies 382,830,379 10.1%
Institutions 3,026,162,989 80% |
A true accurate figure of the percentage of small share holders in a traded company is most useful. Does anyone here know where to access this information. Without any information, I can only guess that over 20% in ITV are small share holders. Good news about the tie-up with Youtube, and ITV. It means global access with VPN. |
“2024 has seen a surge in takeover activity as bidders took advantage of unloved or undervalued companies.”
“The average bid premium was 45%, slightly less than the 2023 average”
“There has been perennial chatter about ITV being a bid target but, for once, it feels credible.” |
It’s impossible to browse the Canal+ slides from their recent ‘Capital Markets Day’ without drawing parallels with ITV and ITVX.
Forget all the takeover chatter - a merger between these 2 would create a giant media company. |
LOL at matthew!!!!!
spud |
Canal+ first day of London trading coming up on Monday 16th
Prospectus |
Thanks Bigego , great post.
This is exactly why I have told you all numerous times that the current share price is irrelevant. The only thing that matters is where the people who control the company (the institutional shareholders) would be prepared to sell. And that’s miles north of here , start at 120p. Which is why saying “a bid is imminent,’ when the shares were 63p was such BS. Advisors are paid a lot of money to advise. They would know that a share price of 63p + a 50% premium doesn’t work. AT ALL. So was absolutely never going to happen. Ironically, get a much higher share price (even though in theory that means the company is less vulnerable) makes it far more possible. Start at 80p , apply the premium , then hopefully you get an auction. It also demonstrates why this talk of a ‘managed situation’ by the ceo and board is total ignorant BS.
Finally , sorry if that sounds like I’m on my high horse Geck , it’s just I happen to know what I’m talking about as this was my job.
Happy weekend all. |
Thanks BigEgo. Been out all afteroon, catching up with an old neighbour over lunch and drinks. Going to digest all that... |
I extracted and saved the prior data on that site as at 01/08 so this 01/11 update is +3 months. Comparisons:
In prior period half of ITV was owned by the top 8 at 50.04%, now top 8 hold 51.42% - this is a greater concentration by top 8 holders.
Previously Silchester was 3rd behind Schroders, now they are 2nd thanks to increasing in the interim period.
Anrepa Asset Management AG is new in the top 25 this period as State Street Global Advisors, Inc. drop out.
Overall top 25 shareholders own 80.21% of the company compared to 79.46% previously, continuing the concentration theme at the expense of holders lower down the list who must have sold. Or in other words a net transfer from smaller shareholders into the positions of major shareholders.
Next update expected 01 Feb 2025.
(NOTE: The data is as at 01 Nov 24 - which slightly pre-dates the plummet and recovery around the Q3 update on 07 Nov 24 - so we won't see if that disrupted top holders until next update) |
Finally, an update on major shareholders...
Simplywallst has 'Reporting Date 01 Nov 24' now.
Liberty still the same on that date, but may have reduced since, otherwise > 10%.
Silchester holding is +7.5% since last size reported, cool!
Top 3 below, rest of data (top 25) at link below.
10.1% Liberty Global Ltd. 381,275,000 UK£283.7m
7.72% Silchester International 292,290,136 UK£217.5m +7.5%
7.33% Schroder Investment Management 277,232,135 UK£206.3m +1.58% |
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