Itv Share Discussion Threads

[nige co] 04/4/2021 14:28

Fair value 144p.

[hades1] 04/4/2021 14:02

...LG would likely use the loss making UK registered Virgin Media as the vehicle - makes sense especially given tax savings.

[hades1] 04/4/2021 14:00

Correct, legally there is nothing to stop foreign takeover.

[nige co] 04/4/2021 13:17

Net...."ITV will not be allowed to go into overseas hands but I could see a merger with BT as a long shot possibility."

On what grounds Net would ITV not be able to be taken over by a foreign company? I don't see there being any problem. Regarding BT merging with ITV, BT carries far too much debt £17billion to be able to afford ITV, not forgetting BT's fibre build costing £12 billion. I don't see that happening anytime soon, I wish it would I own both.

[netcurtains] 04/4/2021 12:36

ITV will not be allowed to go into overseas hands but I could see a merger with BT as a long shot possibility.
Good for both companies.
BT needs more content to compete with SKY.

BT + ITV = A bit better than Sky
BT without ITV = a bit worse than Sky

[stansmith3] 04/4/2021 12:19

morti

you speak more sense than most on here

imminent takeover of itv has been on the cards for more than a decade, cant see it myself

speculators just want their out asap, itv slowly rising to 250 over ten years plus ten years dividends totalling say 75p represents a far better outcome...

[morti1] 04/4/2021 11:42

Do you know what, and I have been out all night, so not probably talking with any sense at this moment, so please ignore, but I don’t think ITV will merge this year with any company. Look at common sense. It was 56p only 8 months ago. No company came in for it. It is now 125p at best, and no company has gone in for it. The best we can do, and let’s be honest, is for it to get back into the FTSE 100 and for dividends to come back in to play. If it does that, we are talking 150 at best. I think that is an honest valuation with its production still going on, and ignoring advertising which has zero strength these days. I find it so strange that no company has ever for the last few years made any attempt to take it over. Maybe there is a reason for this that a humble investor has no understanding of. There has to be some rational thinking behind it. I’m sure. One thing I am certain of is that we are all heading back to December and January next year and I reckon itv will be back on the charts again as the next best company to be taken over in 2022. Rinse and repeat. You mark my words.

[hades1] 04/4/2021 11:13

No such thing as a silly low bid anymore.At 122p any bid will have to be 160p+ and should provoke further interest?Either way any bid is a good bid at the moment.IMO

[slater5] 02/4/2021 19:15

Nige..BobD...I hope that ITV aren't subject to a silly bid, the company can prosper from here and we shouldn't worry about the share price, it will grow as funds buy on growth.

It would be nice to see 150p soon, I think we will get there by Augst.

[nige co] 02/4/2021 17:32

Bob, "My opinion is that Netflix , Amazon or Disney will scoop up ITV in the next year or so, but there are also smaller players running their slide rules over it."

Who would be the small players looking at ITV Bob?

I agree that Liberty have had plenty of opportunities to make a move on ITV, especially after LG sold cable assets for cash to Vodafone.

I'm not sure any potential predator thinks that when the share price was on its knees at 50p that they they had a chance of picking up ITV on the cheap. I'm not too sure that it make any difference as to what the share price is valued at on the stock market? The BOD at ITV will take advice regarding what the asset valuation is and would rightfully turn down any offer that doesn't reflect this minus debt.

I personally don't think that ITV will receive a bid over 200p unless we have white knight situation. I hope to be proved wrong. My stab in the dark would be 180p per share offer.

[nige co] 02/4/2021 15:24

I agree Corby, I think we that will wake up one morning to find that someone has made a takeover bid for ITV, I just don't know when that morning will be. All I know is ITV have a large amount of content that a large streamer would like to obtain for as little money as possible. Will this lead to a bun fight, I think so if someone makes a lowball bid, others may well join the bun fight. Put it this way, I have no intentions of missing out, I intend holding ITV indefinitely if needs be. If I had to pick a potential predator the obvious one would be Liberty Global who already own 9.9% of ITV. But knowing LG's John Malone, he likes a bargain. He may make the first move, but someone else with deeper pockets may take the prize in the end. JMO.

[corby3] 02/4/2021 12:20

The number of shares traded by the dozen or so stalwart longs on here are like a drop in the ocean, that goes for all the free boards and those who watch their little portfolios 24/7.

If any of the big players move in on ITV, anyone on here caught short will miss the boat for sure.

It takes the MM's seconds to react, you would need to be quicker than an F1 timer to get in. Even those MMs who aren't aware a bid is happening, their computers are set to react in milliseconds as a mark up of 40% 50% or more is put on the share price

My advice to anyone who thinks ITV are a takeover target is to stay long because there will be no warning, one minute you will be looking at the monitor at 121p moving up or down by a few teenies and bosh, it will surge to close to any offer on the table.

Some like old Cautious7 will say I told you so, but the truth is, nobody we know will get a whiff of the action until it is over. Those of us who are long are in the best position to gain if it happens, but IMHO we should all be wanting ITV to grow organically to 200p or more and a bid coming maybe a few years down the road.

[hades1] 02/4/2021 00:22

AgreedBut sadly some posters are either severely mentally challenged or having sold earlier want to buy back lower by talking the price down.Then again they they could be just plain stupid and be short ITV.If long we all should want the same thing.

[stansmith3] 02/4/2021 00:05

no problem, we all want the same thingan often repeated statement on these boards is that retail traders and bulletin boards dont affect share pricesi have seen many occasions where they have, gamestop being the most spectacular exampledivide todays volume by your holding, id imagine it will surprise you by how low the answer is (mine did), so any type of herd activity can influence thingsbest

[hades1] 01/4/2021 23:36

Stansmith3
The end of Q1 on 31st (yesterday) is relevant but end of UK tax year (last trading day of tax year) is not.
Maybe I misunderstood you.

[stansmith3] 31/3/2021 23:35

hadesa quarter of hedge funds and professional investors in the uk had their last trading day of the year todaythen as has been pointed out window dressing from funds far and wide will have also occurred as part of q1 endthere is nothing absurd about suggesting the above had an effect on the priceits a much better rationale than anything you have posted

[hades1] 31/3/2021 23:02

No worries
Filter was a wise move - done the same.

[geckotheglorious] 31/3/2021 22:57

Was merely responding to yours as I suspect whoever you were conversing with I have filtered!!!

[hades1] 31/3/2021 22:31

Yes I agree and tomorrow is the first day of Q2 - read the posts.

[geckotheglorious] 31/3/2021 22:28

hades1
Post 18755
"I really don’t get your logic?
There is quarterly repositioning but that was today.
The end of fiscal tax issue is really only small PIs.
PIs realising gains for capital gains reasons won’t move the price"

Think you'll find most II's engage in quarter end rebalancing/window dressing and working out manager remuneration based on P&L etc

So quarter end is more than just Small PIs faffing about tax side you'll find.

Then there is also portfolio weighting rebalancing to engage in........

[hades1] 31/3/2021 20:45

Absolutely Ridiculous
All listed shares go up and down but linking that to UK HMRC tax year is ......
.....not sensible in today’s world.
The HMRC UK tax year is just not that important anymore in todays globally connected world.
But each to their own.
End of each quarter is important especially on Wall Street but it happens 4 times a year.
It may be better to use a ouija board or a crystal ball as referring back to March 2019 is probably even less reliable - Brexit

[netcurtains] 31/3/2021 20:38

Hades1: He might be right this is the chart from last trading day of 2019:



It did however go down for quite a few days afterwards then recover to a new high. I dont think we can say what will happen tomorrow or monday but price did turn in 2019.