Itv Share Discussion Threads

[netcurtains] 12/10/2020 19:01

cool thanks

[netcurtains] 12/10/2020 18:51

Nige: Anyway US stocks up loads today....So perhaps better news tomorrow.

[nige co] 12/10/2020 18:28

I was also putting a far higher share price than 113p. ITV studio's must be worth at least 100p per share.

[netcurtains] 12/10/2020 17:16

I was thinking £250 was fair value if they come up with something spiffing!

[nige co] 12/10/2020 16:48

ITV fair value 113p.

[nige co] 12/10/2020 16:47

ITV fair value 113p.

[jacko07] 12/10/2020 15:33

Yes stan, there should be regulations, but they can always come up with a story of a company that was saved from bankruptcy.

I have done it myself, a couple of years ago I got into Carillion and traded the volatility ups and downs for a few weeks, maybe it was more luck than judgement but I stopped with a nice profit. A couple of months later they went pop.

The only one I caught a real cold on was Marconi, lost about £10k on them.

You pays your money and you takes your choice.

[netcurtains] 12/10/2020 15:33

thanks Jack07.

I suspect "des" could also be an international hit for ITV. Loads of people are hooked to it

[jacko07] 12/10/2020 15:23

netcurtains..If you haven't seen it, try and catch 'Margin Call' on stream or DVD, it centres on the 2008 meltdown and is loosely based on the fall of Lehman Bros or Morgan Stanley. Jeremy Irons as the Head Honcho of a Wall Street investment bank is classic! great cast great story and opens one's eyes on algorithms, analysts and the dog eat dog of the world of finance.

In my opinion 'Margin Call' is possibly the best film yet on Wall Street, other good ones are 'The Wolf of Wall Street'.. 'Wall St'.. 'Wall St Money Never Sleeps' 'Arbitrage'..'Boiler Room'

[netcurtains] 12/10/2020 15:22

I guess this could could finish blue if FTSE finishes blue. I mean we are coming up to Christmas - a bit of boom in advertising and TV production....Swirling news around britbox .....
Yes there is profit taking but also no one wants to get left behind.
Its still pretty open

(looks like I got that wrong - cant win them all)

[netcurtains] 12/10/2020 15:13

Does anyone know if ITV are expanding their production facilities?
If production is where the money is this is where we should want some expansion...

[scooper72] 12/10/2020 13:50

I hope not.

[scepticalinvestor] 12/10/2020 13:44

Lots of profit taking - 80's still extremely likely this week imho

[jarega85] 12/10/2020 13:42

Back to 70p?

[stansmith3] 12/10/2020 13:21

jackotoo truecnbc did call this real time over and overthere was talk here a year or two ago about regulating aim ?was it to limit it to professionals or you had to prove you were qualified to purchase shares in dodgy in lifestyle companies ...:)

[jacko07] 12/10/2020 13:15

Thanks Gecko..I have a colleague who lives in Chicago and is active in the markets, he keeps me informed of USA stuff by e-mail. He said about Robin Hood back in July, he actually knew several guys who had lost a bundle in Robin Hood dealing, these guys were just bored small business owners who lost it trying to swing trade in TESLA. Started off making a lump and then it went the other way, well I don't know their full story but I guess that's what happened.

I think the problem is with this type of app, it gets people almost addicted just like if you win on the first horse you bet on.

If I am strictly trading a stock I get out as soon as I see a profit worth having and that can often be as little as £100 or £150, if I buy and sell between 8am and 4.30pm then even if the trade is £20k, I am not looking to keep them and I haven't had to pay for them, just get the difference as profit or in rare cases a loss on settlement day. Luckily losses don't occur that often but I will take them if I have an inkling they are going cheaper.

Nothing is as easy as it seems, sadly some don't live to fight another day!

[netcurtains] 12/10/2020 13:11

I'm thinking more of a mini-series....
They did one called "cleaning up" but perhaps next one could be american.
Its on Britbox:

[geckotheglorious] 12/10/2020 12:59

Netcurtains.

Essentially already been done - Wolf of Wallstreet. And the theft of people's accounts via dealing in the "pink sheets"

[netcurtains] 12/10/2020 12:41

The above does sound like a good docu-drama for ITV....
Especially the USA angle. I can see this being big.
Horrible for the victims but it could make good TV.

[geckotheglorious] 12/10/2020 12:37

Worse than that Jacko
Robin Hood acct holders have seen their accounts "hacked" and their assets disappear!!

Robinhood users say accounts were looted, no one to call
By Sophie Alexander and Annie Massa
It took Soraya Bagheri a day to learn that 450 shares of Moderna Inc. had been liquidated in her Robinhood account and that $10,000 in withdrawals were pending. But after alerting the online brokerage to what she believed was a theft in progress, she received a frustrating email.The firm wrote it would investigate and respond within “a few weeks.” Now her money is gone. Bagheri is among five Robinhood customers who recounted similar experiences to Bloomberg News, saying they’ve been left in limbo in recent weeks after someone sold their investments and withdrew funds. Because the wildly popular app has no emergency phone number, some said they tried in vain to intervene, only to watch helplessly as their money vanished.“A limited number of customers appear to have had their Robinhood account targeted by cyber criminals because of their personal email account (that which is associated with their Robinhood account) being compromised outside of Robinhood,” a spokesman for the company said in an email. “We’re actively working with those impacted to secure their accounts.”The issue didn’t stem from a breach of Robinhood’s systems, the spokesman said.

[jacko07] 12/10/2020 12:16

I think you may be right about the US, according to some of the youtube market wizards, Armageddon is on the cards.

Billions in furlough money hit US markets through an app called Robin Hood who let you trade shares free of any fees. It is obvious they are getting a piece of the cake somewhere, maybe on the spread.

Take Hertz, it is bankrupt, the ordinary shareholders will get nowt, the share price dropped from $20 to $1 in February when it's demise was known. Speculation and rumours that Hertz would be saved were in overdrive by rampers. Through Robin Hood rookie traders jumped in on these rumours and the shares in a bankrupt Hertz were being traded from pennies up to $6 or more.

A lot of people have lost their shirts as Hertz are back down to a dollar while nobody knows why the American authorities let it happen. All of it is pure madness!

Read the link...........

[stag6] 12/10/2020 11:45

scooper..I can't guarantee you will reap riches, but you and any others on here who are long ITV, will in my opinion be rewarded.

I have pointed out just how crazy it is too see some great UK companies reduced to penny shares, while across the pond it has been a six month long silly season. How does Netflix have a market cap of near 60 times ITV. It's nuts!

It will all end in tears, not mine though!

[scooper72] 12/10/2020 11:34

Hope I'm not stocking up too much during this consolidation period

[stag6] 12/10/2020 11:33

Monday November 9th ITV report for the 3rd quarter till end of June 2020. We will see just how bad or not so bad those April-June numbers are.

I think we know that they will be bad, but they may not be near as bad as expected, if they aren't as bad, we could easily see ITV put on a few percent and look more likely to reach a 100p as we get nearer to 2021.

Another thing will be the Xmas advertising, it may not be as badly affected as first thought if those smaller companies who got good deals in the lockdown reaped good results from their foray into main broadcaster advertising. Travel & holiday companies will have thinner budgets as will many others, it will be interesting.

How crazy is a situation where ITV has more than halved in it's share price since January 1st 2020, while Netflix has risen 80%. It makes no sense, they are mired in debt and it it matter not how many subscribers they have, when they pay a fiver a month. The BBC costs £14 a month and raise £3.5 billion, Netflix are deep in losses!

The US markets are flying high on a wing and a prayer, a big correction is long overdue. It shouldn't matter so much to UK markets, we haven't for once followed the US and because of it we are seemingly not too affected by their volatility.