Itv Share Discussion Threads

[ivanborsky] 02/8/2020 12:49

You really need to get your facts right. The last time ITV was anywhere near £1.80 was on July 9th 2018.

If you need help with any further price references just click below:-

hxxps://www.marketscreener.com/ITV-PLC-4004488/charts/

[cautious7] 02/8/2020 12:40

Dear alex1234

ITV wasclose to 80p a few months ago and several were busy "topping up" at lower prices and most felt it would never go below 140p becuse of "strong dividends that are safe," need i say more, lol.

DYOR

C7 - many must be praying there is no bid as itv may then sell for 80p.

[boix] 02/8/2020 12:03

Agreed but he has never made a play for ITV,

At Sky he took a stake in ITV to block NTL/Telewest (now Virgin Media) from acquiring ITV.
After that company got bought by their friend John Malone they sold Liberty Global their stake in ITV.
It was always a tactical position and he showed no management interest in ITV at that time.
But nice idea and maybe things are different now?

[elsa7878] 02/8/2020 12:02

Sell rec in the Sunday Times. Actually ‘avoid’ but means sell. Says obesity advertising ban will hit profits by £100 mill and relentless Netflix and Amazon competition...

[amaretto1] 02/8/2020 10:55

He's made a play here beforeHe's got access to deep pockets ITV is perfect platform for his ambitions If BRITBOX takes off like NETFLIX this could be the deal of the decade.Target: 150

[boix] 02/8/2020 10:01

Possible?Although he is primarily a news man and a control freak! So not sure how that would work with Private Equity?But an interesting idea.

[amaretto1] 02/8/2020 09:55

James Murdock will be the bidder ! Backed by PE

[boix] 02/8/2020 00:38

At this point Liberty Global have enough on their plate with o2.
Only real remote chance of any bid prior to resolution to pandemic and recession would be from private equity.
Sadly that would be a low ball bid certainly less than 100p.

But for Thursday I do expect some good news on the advertising outlook.
I believe it is returning to usual recession levels of c.-11 to -8 and Q2 next year will very positive - maybe even enough to drag the whole of 2021 positive?

[nige co] 01/8/2020 21:20

Agreed Corby3, any takeover talk would certainly see a big correction to the very weak ITV share price. Plus any bid could lead to a bun fight, much the same as what happened with SKY. ITV have a lot of content that other big players may want. Are we fooling ourselves or is a bid around the corner? Who knows, I truly hope so.

"A management buyout could be an option."

This would be one way that the BOD could defend a low ball bid.

[alex1621] 01/8/2020 20:55

There's a C7 on every bulletin board, I recall his equivalents when 888 was around 28p about 8 years or so ago, warning us all about it's imminent demise ... it was 10 times that value just a few years later. Funnily enough they didn't post when the share price was soaring? No idea why.

[jacko07] 01/8/2020 19:46

Nice to see the ITV 2020 thread has come alive!

[goldfinger16] 01/8/2020 19:00

Considering ITV had a break up value of 192p just a year ago, who would sell their holding for 100p.

You are dreaming my man, don't get carried away by these markets, the MM's are having a field day with the prices. Someone mentioned fear in a post, seems like the UK market has all but given up. The MM's are churning millions of shares, so get in there while you can.

One thing I do know, this market is cheap and it may get cheaper, that's what happens when buyers dry up, the bottom feeders move in and fill their boots. In the meltdown of 2009 it happened with ARM holdings, they were 80p at their low, the company went for over £17 a share, but those who bought at 80p could have sold for 200-250p only months after those lows and a lot more if they had held on longterm.

I am not saying ITV are an ARM, just that they are cheap....if allowed I guarantee there would be at least 10 Chinese companies would pay £3 a share for it.

Wait till Thursday, you may get on board at 20p...and you may not.

[corby3] 01/8/2020 18:48

Nige..the sniff of a bid at 100p would double the share price from 54p. A half decent report on 6th will improve the share price

I agree with slater's post, there is a bid coming, but it won't be until the covid settles down, nobody has the balls or the backing to go to soon.

A 100p a share would bring a few suitors so bring it on. A management buyout could be an option.

[ivanborsky] 01/8/2020 18:38

I'm sure the Sunday Times will go to town on ITV tomorrow, they've never said a good word about the company but equally that could mean a nice top up price first thing come Monday morning !

[amaretto1] 01/8/2020 14:44

Only 3 good company's Lloyds .. Barclays ... ITV !Rest are doomed.

[nige co] 01/8/2020 13:36

Slater5, I think that if ITV do receive a bid it will be in the region of 100p, expecting that the BOD would rightly turn this low ball offer down flatly. Resulting in further takeout bid around 140p. I'm hoping that my figures are wrong because a lot of shareholder including myself have purchased ITV at higher prices. I'm not sure the potential predator shareholding would trigger a bid, maybe you or someone else would know this figure. Cheers.

[stag6] 01/8/2020 13:22

ITV isn't the only stock way below it's fair price.

I look at all those UK names, ITV, M&S, Centrica, BT, Lloyds Bank, Barclays, the share prices a up to 80% of what they were a couple of years ago, you have to take heed of Warren Buffett's idioms.

Will all the above make a spectacular comeback, let's say they are all capable of rising dramatically when things get back to normal.

Hope it isn't too long.

[slater5] 01/8/2020 12:42

'Be fearful when others are greedy and be greedy when other are fearful'...Warren Buffett

Always good to read a Buffet line at times like these. My take is ITV along with many other UK companies are bombed out to silly levels. The first major drop was in March and then further down to 54p in April. Then some confidence returned and we reached 90p in early June. A lot of smaller investors would have bought in that period and are still holding in ISA's, new ISA's came into force on April 5th.

If only half of those buyer are still holding it cuts new long term hold buyers down one helluva lot, imo it is a lot more than half, more like 75% to 90%. This opens the doors for manipulation and that is how people like Goldman operate along with the help of MM's and other big players. We all know that markets can be rigged, that is a no brainer. If the fundamentals are not there, this would be down to 25p imo, but they are there albeit weakened by this awful virus caused recession.

I watch the trades like a hawk and it is plain that they shake the tree and will keep shaking it until they have copped a sizable amount of ITV, there are maybe two or three involved, but those big trades are not bundles of trades left till after the bell, they are the result of premeditated buying.

I have seen it before many times before a bid comes, depress the share price down by about 50% and pounce with a lowball offer of less or a littl more than that of recent highs. That would be the high in December of 157p. Just think how cheap this household name would be at those figures, a bid of 160p. That is my take on it and I have been buying solidly these.

Just imagine, if the virus hadn't caused this, ITV were set to have a good year, it was on the cards. The predator wants this big time, from 'Love Island' to the studios who are booked into 2023, from 'Coronation St' and 'Emmerdale' to Britbox and the ITV hub....they want it,let's just hope there are a couple of them involved in the coming bid.

[ivanborsky] 01/8/2020 10:36

It doesn't.

[collywobble1] 01/8/2020 08:40

Sorry.. but how does that relate to itv??

[gerardp] 31/7/2020 23:55

Weekend rumour mill :

Someone mentioned Murdoch last week. News out tonight that James Murdoch has resigned from News Corp :




It was James Murdoch who was behind the ITV share purchase in 2006 :

[scooper72] 31/7/2020 22:59

I might just give that a go on Monday. Just in the current climate one never really knows how low prices will go.