Itv Share Discussion Threads

[nige co] 16/5/2021 13:38

ITV look ripe for a takeover to me.

With the very high volume of share traded especially over in the USA over the past 10 trading days, I wouldn't be surprised if ITV receives a bid within the next 2 months, maybe the next 2 weeks. Last week in the US someone was hoovering up the ADR's and prepared to pay a premium on the UK share price, so I would guess that the potential acquirer is from the USA. Interesting times ahead.

[zingerburger] 16/5/2021 08:52

breaking out

[hades1] 15/5/2021 12:09

It all helpshttps://www.fool.co.uk/investing/2021/05/15/2-of-the-best-cheap-uk-shares-to-buy-now/

[hades1] 15/5/2021 06:49

Articles in today’s Times, Telegraph and Daily Mail newspapers about Private Equity (US) stalking FTSE - I think all articles behind business section paywalls but The Times (the best article) link is below.
Upcoming targets not mentioned but clearly very active.
Not surprising really given low UK valuations after pandemic and Brexit.
UK on sale.

[nige co] 15/5/2021 06:29

ADR's closed at $18.46 + $0.37 2.05%............ = 130.90p
Volume of shares traded 460,311

[stansmith3] 14/5/2021 19:24

and disney sub growth disappointed analysts who expected 14m, versus 9m actual....

[hades1] 14/5/2021 18:14

High UK volume 16.5m traded today

[nige co] 14/5/2021 17:54

..... And ITV have plenty of content.

[stansmith3] 14/5/2021 17:51

disney said just today that content is required to drive subscriber growth......

[sharebuddy1] 14/5/2021 17:45

What does this rise mean? Bid from Disney?

[nige co] 14/5/2021 17:36

ADR's just spiked 5.4% higher at $19.07 + $0.98 Volume 457k

[nige co] 14/5/2021 15:12

ADR volume at 15.10pm 455,248

[ivanborsky] 14/5/2021 12:30

And a bit more volume this morning compared to last Friday when around lunchtime just over a 1m shares were traded. All eyes on the ADR market once again !

[hades1] 14/5/2021 08:47

L2/3 weaker today 875k:985k
Trade direction following book as usual
No cap but seen content at around this level.
Benign

[stansmith3] 13/5/2021 20:25

lolthat would be a start

[tradejunkie2] 13/5/2021 19:46

140p would just be grand.

[zaxarobal] 13/5/2021 18:39

Guys after today's action I think is something brewing.

[ivanborsky] 13/5/2021 18:30

Just another 5m odd reported so far after the bell.

[nige co] 13/5/2021 18:24

Time will tell Stan, I hope.

[stansmith3] 13/5/2021 18:10

nigeno i was merely speculating from experience that a future event could be tracked back to events of this/last weeknews of some corporate event / takeover etc. leaks and the illegal positioning starts..i just said splitting as an example...but it could turn out to be a major partnership, anything really - but today showed something IS going on.......

[nige co] 13/5/2021 18:06

I agree with you Stan, it very much looks like someone in the USA is accumulating.

I asked the a question at the recent AGM Stan, asking if the BOD had or would consider splitting the company to release shareholder value. I was told that they consider this regularly, and that the BOD think that ITV should remain as one, that this is the best way going forward. I disagree splitting the company would increase value for shareholders. But what do I know? Maybe someone agrees with me and will make a takeover bid and split ITV up?

[stansmith3] 13/5/2021 17:55

nigewell today i think very significant, everything down the pan and someone is buying itv...its adds significant weight to the previous 4m adr daytoday had a bit of a rumour spreading look to me, but i guess we will just wait to find out now....if for example we find out in two weeks that itv are splitting the studios business then it would all make sensebut so far looks like usa buyer is accumulating..

[nige co] 13/5/2021 17:45

Stan, you guess is as good as mine regarding ADR's.

In just over an hour after LSE closes the ADR volume picks up yet again. At London close it was less than 100k. Now 862k.

[stansmith3] 13/5/2021 17:17

nigeif the shares are coming from the uk, do you expect the currency costs to disappear?if the float increases in the usa and those shares start trading - but then our supposed usa buyer would be selling - then the premium would disappear