Itv Share Discussion Threads

[ivanborsky] 23/7/2021 16:58

So that's a penny or so up on the week after tree shake Monday and ITV registering its biggest one day fall for over a year and being the worst performing stock in the FTSE!!. It just so happens that ITV report their interims next week coincidentally, which should be a stellar set of numbers, just as well as GS fleeced all the weak holders this week, now lets see what they have up their sleeve for next week. Good weekend all !

[stansmith3] 23/7/2021 09:44

lol
he actually seems to think i care whether HE reads my posts, just new levels of vanity

i guess we have though found a new thing, filtering and unfiltering the same person over and over (5 times now) and telling everyone about it can now be coined "doing a hades"

[nige co] 23/7/2021 08:42

Now now boys, play nicely. I for one respect and appreciate both of your comments.

[hades1] 22/7/2021 21:37

If you really believe that the currency fluctuations have a meaningful impact then you must be filtered again.
But I suspect you knew that?
Filtered for doing a ‘Boris’.

[stansmith3] 22/7/2021 21:22

itv usa studio revenue 2019-2020 was 271m pounds, not insignificant..

[hades1] 22/7/2021 20:43

No it's not currency related. But I wish it was.

[netcurtains] 22/7/2021 20:42

nonsense - big funds not that bright.
Its all currency related.

[hades1] 22/7/2021 20:19

If sterling is rising then dollar earning companies profits will fall in sterling terms - I get that.
But the companies like ITV are not dollar earners and fell.
So it’s not the reason the FTSE sold off.
It’s more the uncertainty about the UK and it’s stupid government.
It’s Brexit mark two!

[netcurtains] 22/7/2021 19:57

COULD SOMEONE PLEASE MAKE THE POUND FALL AGAINST THE DOLLAR!!!!!!!!!!!!!!!!!!!

The rising pound is doing my share in!

[nige co] 22/7/2021 17:39

Large spread over the pond again? Bid $16.46 Offer $17.30.

[nige co] 22/7/2021 17:34

Agreed Boris doesn't fill me with confidence I must say.

[hades1] 22/7/2021 16:37

FTSE tanked again despite strength everywhere else across Europe.
Blamed on Sterling?
Not sure I agree, more likely Boris’s escalating war of words with EU - We are losing credibility with US investors again.
Boris ripping up his own deal (he signed, negotiated and sold it)will likely start trade war with EU and Biden’s USA.
Looks like Cummings will be proved right.

[nige co] 22/7/2021 13:42

A dividend would be nice this year, although I won't hold my breath on that. No dividend will result in lower debt so not all bad. I'm not sure which the market would prefer a dividend or lower debt?

[stansmith3] 22/7/2021 13:28

well itv spent most of 2019 at this level toothe potential acquirers that are frequently mentioned thrived during covid, so the usual relative sp/cash/distressed environment argument is much weaker in this instanceit is therefore very reasonable to suggest then that the big streamers are just not interested, even now the mkt cap is pennies to them, in the depths of covid 1bn would have been nothing to themthe longer this state carries on the little evidence we had is diluted, im looking forward to reducing debt, an increased valuation by the mkt and years of dividends

[nige co] 22/7/2021 12:37

yes the share price has been down here and lower for the past 18 months, but with good reason though.

[stansmith3] 22/7/2021 12:22

the share price has been around here or lower for 18 months....so you may have your answer

[nige co] 22/7/2021 12:06

The longer the large streamers leave it they run the risk of the ITV share price moving north costing them more cash to purchase ITV for its content. It may only take 3 good quarter results and the share price could be up to 170p. Any bid at this point would result in paying 220p - 230p. A bid now with the share price currently at 122p would probably be in the region of 170p. This would be a big saving of £2 billion. So I think if a bid isn't made shortly it isn't going to happen.

[stansmith3] 22/7/2021 11:57

monday was a tree shake ? please give it a restyou need to a wider view i'm afraidthe market is always looking to puke and the covid variant news on monday gave it its excusethere is no question itvs content would enrich a streamers libraryif a streamer thought for one minute their current or future customers would subscribe because of it, itv would have been snapped up long ago, the boards wildest valuation of their own company would be a trivial negotiating point for companies like netflix, amazon or apple - so the fact that it hasnt happened already tells you all you need to knowa smaller opportunistic private equity fund looking to break itv up or a competitor would need to amass shares as cheaply as possible and would probably struggle with the itv boards valuation - so this is the direction you should be looking

[ivanborsky] 22/7/2021 11:13

Netflix current market Cap $228bn and $10bn debt pile. ITV current market cap £4.9bn and debt pile £500m. Netflix need content as we all know and telling the markets the company is moving into gaming..........yeah right !! The Monday tree shake in ITV shares proved worthless (quelle surprise), I wonder what GS have next up their sleeve ??

[nige co] 22/7/2021 09:39

The Times Tempus advises avoid NetFlix

Netflix gives investors reality check

The streaming group remains highly rated by the market despite slowing growth

Netflix thrived on a need for lockdown escapism but it now has to face up to the reality of a fiercer and more costly battle for eyeballs. The slowdown in subscriber growth was inevitable, not just because more of us are getting off the sofa, it’s also the natural consequence of a more crowded market where participants are spending big to win market share.

By adding 1.5 million net new subscribers during the second quarter, the streaming behemoth may have beaten its own forecast but it was one of its weakest performances in recent history. Guidance of 3.5 million audience growth for the third quarter was also about two million behind Wall Street analysts’ forecasts.

[wiganer] 22/7/2021 09:35

Well done anyone who bought in or topped up while the sales were on!

[geckotheglorious] 21/7/2021 21:35

Nige,

Agree re Netflix.
There is only so much worth watching, and once you've seen it, there is little else.
Ditto Amazon prime.

But both are superior to BBC and ITV in my view.

I just watch HBO mainly as dont tend to watch much telly.

That and GB news

[nige co] 21/7/2021 15:16

Smurfy, as the recent article said content is king, ITV have loads of it. Streamers I believe will want ITV Studio's for it's content.

Google.... "In a land where content is king, all eyes are on the future of ITV studios"