Itv Share Discussion Threads

[matthewr1] 06/9/2021 09:58

I think blackrock trader cancelled their buy ticket early Friday to duck out for the weekend….back at 115 and therefore great support this morning. Or , hopefully breaks price (limit) as missed all the auction volume and feels guilty!

[nige co] 06/9/2021 09:21

ITV showing that she does have a backbone today, up 3p, long may it continue.

[hades1] 06/9/2021 08:49

L2/3 Strong 1000k:930k
Suspect strength of Sept market has been picked up by a few analysts

[hades1] 05/9/2021 09:29

Not sure it’s still in paper.
Clearly not popular?

[lauders] 04/9/2021 09:42

For the spitting image fans:

Spitting Image returns 11 September after record BritBox subscribers, four-year record viewing figures on ITV, and 200 million global views online.

Following the successful return of the show last autumn, Spitting Image is set to hit BritBox UK on 11th September.

[hades1] 04/9/2021 09:29

matthewr1
Do you still believe Blackrock have a buy order in given last week’s weakness?
Given the continued weakness it does look like the bears have this in their control?
Your insight would be welcome.

[jimbull] 03/9/2021 22:04

The ITV share price is currently trading at 115p. But given the uncertain economic outlook, the question now is what the future holds for it.

To try and predict where the ITV price will head next, it's worth knowing its strengths and potential weaknesses. The good news is that it stacks up well against some important financial and technical measures. Specifically, it's a large-cap share with exposure to two influential drivers of investment returns in the stock market: high quality and strong momentum.

Quality and momentum are highly prized among long term investors. ITV is a quality stock and more likely to be resilient. ITV is a cash-generating businesses that can compound investment returns over time.

There is strength at 123p with a break out there the next target is 135p. I see Tempus says avoid, I disagree but that is my opinion.

[nige co] 03/9/2021 21:31

Good work Hades, thanks for sharing.

[hades1] 03/9/2021 20:26

Most Newspapers heads haven’t realised that the internet is their real competitor these days! - some of it is also ‘old habits die hard’

[hades1] 03/9/2021 20:15

I sadly don’t expect any of the Newspaper journalists to pick up the story as their bosses still view Television Stations as competitors! - possibly The Guardian/ Observer as they share some journalists with Campaign Magazine.
The Newspapers don’t report positive stories about competitors - Usually negative or nothing.

[stansmith3] 03/9/2021 20:07

interesting...how well researched is the mkt, or is it just throwing the baby out with the bathwater....

[hades1] 03/9/2021 20:05

No worries I figured we all needed some reassurance.

[stansmith3] 03/9/2021 19:56

hadesgood infothanks for posting

[hades1] 03/9/2021 18:26

Just found 2 separate headlines from this weeks Campaign Magazine that confirm things.

“New money and late money fuel TV ad boom – for now”

“Advertisers ‘caught by surprise’ by September TV ad market surge”

Sept to Dec was reasonably strong in 2020 - growth vs 2019 as was post 2020 1st lockdown 2nd lockdown too late to impact Dec but impacted Jan to Mar 2021.
Assuming Oct,Nov and Dec 2021 ad revenues do not collapse then total 2021 ad revenues will well up on 2019.

Covid-19 seems to have reawakened advertisers to the power of Television advertising - also happened in USA.

[hades1] 03/9/2021 17:00

Incidentally I follow the TV advertising markets and I understand ITVs August came in +18% as ITV expected and September currently estimated at +10 to12%.
I haven’t done it as just got numbers but Q3 looks ahead of analyst expectations.
On recent Conference Call ITV told them to use Sept 21 flat yr on yr as an estimate.
It’s too early for robust October numbers.
Sadly ITV don’t update the market until November although I am sure she mentioned on conference call that they were arranging a “Markets Day” to present to analysts this Autumn?

[nige co] 03/9/2021 16:53

Share price down 5 consecutive days. Not looking good at all. The ITV BOD should put a for sale sign up, 150p per share any takers?

[hades1] 03/9/2021 16:36

No, closed at day low of 114.15p.
If there was anybody buying around 115p they packed up early today?
NY closed on Monday so let’s hope their markets pick up before they close tonight.
Likely even lower volumes Monday with NY closed - Is that possible given today was only 6m with over 43% of volumes in closing auction.
Autumn market volumes should be back on Tuesday- Hopefully

[hades1] 03/9/2021 16:01

Will be interesting if it closes after the auction at 115p?

[stansmith3] 03/9/2021 15:23

i can hear the conspiracy music starting again as itv heads towards the dreaded 114p

[nige co] 03/9/2021 14:54

Agreed Ivan, but the media don't want to report anything positive.

[stansmith3] 03/9/2021 13:26

critically ITV identified that issue long before anyone else, its all in their annual reports - they invested heavily in the studios businesses which are doing rather well considering the titans they are up againstas for going forward...place your bets

[ivanborsky] 03/9/2021 13:14

Yep, our friend the Times !!! So yet another bearish article on ITV, I've lost count how many bearish articles that they've written about ITV since that GS/Liberty/Marshall Wace shorting operation from 2016. And just before the weekend and still no big sellers of ITV, maybe they should have jumped on the Piers Morgan story instead !

[hades1] 03/9/2021 13:05

Yes read it first thing.Didn't think it would impact anything.She used her own data and clearly has a negative view.Everyone is entitled to their own opinion but surprised it wasn't more thoroughly researched.

[grahamburn] 03/9/2021 12:45

A few selected extracts from Tempus column in The Times today. Very downbeat............

________________________________

ITV has been given another reprieve: the broadcaster has managed to cling on to its place in the FTSE 100 in the latest reshuffle of the index. Earlier relief came in the form of a rebound in advertising revenue in recent months. You wouldn’t count on either remaining the case for too long.

The writing on the wall has been plain to see for traditional broadcasters such as ITV.

...............

The market valuation has been trending downwards for seven years.

ITV is still very reliant on advertising, which accounted for 56 per cent of the group’s total revenue during the first half. The group won’t say how much online advertising income accounts for compared with what it calls “linear” (traditional television) channels, save to say that the latter still generates most of this income.

Advertising revenue has....... fallen in each of the past four out of five years.

If you’re going after advertising pounds, you want to be able to show clients that it will be worth it. Viewing numbers nudged up 1 per cent when the nation was stuck indoors last year, but total ITV viewing figures returned to decline during the first half of the year, despite a rise in the number of those watching shows online.

Then there’s the Studios business. It might be the largest commercial producer in Britain, but the real threat is coming from across the Atlantic. Deep-pocketed American streaming giants are pumping cash into funding original content.
.............

ITV says that it is on course to double revenues from selling content to third parties this year, compared with 2020, but creating content is costly work..... So while Studios revenue accounted for just over half of revenue over the first six months of this year, it generated only 29 per cent of adjusted earnings.

Targeting the on-demand viewing and subscription markets makes perfect sense. The problem is that so is everybody else. In addition, ITV has the potential advertising drag to worry about. It shouldn’t get too settled on the UK market’s top rung.


ADVICE Avoid
WHY Risks to advertising revenue and rising competition from online streaming giants stand to weaken future profitability