Itv Share Discussion Threads

[hades1] 16/10/2021 12:42

All that is very possible but sadly impossible to verify - as far as I know anyway.

[stewart19] 16/10/2021 11:49

hades, jacko..thanks for the link. On reading the piece from the Motley Fool I would bet you that the share price won't rise, it isn't meant to. The reason it will do nothing is IMO because it is under the control of at least one or more powerful Market maker manipulation. All the signs are in front of us. It is a fact that very few investors are selling their ITV shares. There is no float to speak about, it's easy for them.

IMO someone (not Liberty) is building a stake and they are of the opinion next month's report is going to be bullish, whoever it is, knows that a good report will put 10% on the share price and now is the only time they can pick up shares on the cheap.

[hades1] 16/10/2021 11:01

Just outhttps://www.fool.co.uk/2021/10/16/the-ftse-100-soars-to-19-month-peaks-2-cheap-footsie-shares-id-buy-today/

[slater5] 15/10/2021 19:46

Yep, BT broadband is expensive compared to others, I was paying £29 pm when they put mine up to £42 a month, I tried to have a deal but their est offer was £33pm. Just shopped around and went with NOW TV at £22.99 including landline calls 24/7.

The service from NOW is good, so unless they start raising their price I will stick with them.

[hades1] 15/10/2021 17:00

YES
BT recovered well but it was rather over sold.
The real test for BT will be next week and beyond.
I own it but it’s also my biggest worry - at least short term anyway.
I sold the majority of my position in mid 160s but sadly bought back in low 150s - caught the falling knife too early.
Will sell if it falls back through high 130s.
Could quite possibly go back to the 120s next month as the whole sector is so unloved globally.
Let’s hope I am wrong.
No more discussion on BT - apologies.

However I am considerably more confident that we will see ITV bounce back before their results in early Nov.

[nige co] 15/10/2021 16:39

BT closed only down 0.30p. ITV up 0.05p

[hades1] 15/10/2021 16:21

I disagree.
Channel 4 (they represent BT Sport) have to sell BT Sport ad space at rock bottom prices - much lower than Sky Sport airtime.
Even with that income BT lose money.
It's a waste of their resources as it no longer drives broadband uptake.

[nige co] 15/10/2021 16:15

I think that it was a loss leader, but now making a small profit I believe. BT will be cross selling and advertising through BT Sport, so maybe better off keeping it than selling at such a low valuation.

[hades1] 15/10/2021 16:10

Why do you think that?
It loses money.
It's a loss leader to drive BT Broadband up take - Now it does not even do that!
At the very least BT will have to write-off the initial setup investment.
BT will also close BT TV in my view.

[nige co] 15/10/2021 16:07

I must admit that I estimated that BT Sport was worth a lot more than the press speculation of just £800m - £1bn. At this price maybe BT would be better off keeping it.

[hades1] 15/10/2021 15:54

It will come good quicker than BT.
BT faces increases competition and I fear the market has overvalued BT Sport.
Plus now we have global sector weakness.
IMO

[nige co] 15/10/2021 15:37

Once FTTP is built, I see BT going to at least £3 per share, I look at BT as a long term play.

Oh dear, ITV up all day until last hour and down she goes.

[hades1] 15/10/2021 14:41

No I am really worried about BT.
Only positive on BT is the possible sale of BT Sport but at what price.
BT might recover but when - Dec?
I am confident ITV are doing incredibly well at the moment and sooner or later the market will catch up.
At the moment I can't say that about BT?
In fact worse I understand the current weakness in BT but I don't understand the weakness in the ITV share price? - So will add to ITV at these levels but not BT.
Short term BT should be oversold by now?
Long term both should come right.
All just my opinion and twisted logic!

[nige co] 15/10/2021 14:25

Hades, I personally think that BT are a better bet than ITV.

[hades1] 15/10/2021 13:00

I am told TV advertising markets still flying! - they are now planning for double digital growth in Q1 2022!
Growth on top of rebalanced weak 2020.
Clients looking forward to stronger margins and considerably less discounting!

[tygwyg] 15/10/2021 11:15

Added... Been at least ½ hr since last bid speculation :-)

[hades1] 15/10/2021 09:44

Looks like ITV is in a better place than BT.
Should never have gone back into BT in 150s!
ITV will recover in time for results but not sure about BT?

[nige co] 15/10/2021 09:12

Well worth another read of this July article for anyone that may have missed it in the Summer, to remind us of the qualities ITV have.

In a land where content is king, all eyes are on the future of ITV studios (need to Google this headline to read the full article, it won't copy the link)

"For the whole ITV group adjusted EBITDA was £573m, which on 16X EBITDA would give it an implied valuation of £9.17bn, yet the current value of ITV is £5.3bn. In the race for content, we believe ITV does present a compelling takeover opportunity based on the current valuation. Of course, there are no guarantees and ITV could suffer a further downturn, but it is certainly a company that we will be keeping a close eye on."

Based on the above valuation the whole of ITV would be valued at 227.82p per share. Not including net debt.

[ny boy] 15/10/2021 08:15

Things must be looking up the share price has broken above 104p, up a whole 1p!

[goldfinger16] 14/10/2021 17:34

I am sure that I will be proved right on this one.

[nige co] 14/10/2021 16:07

Well worth another read of this July article to remind us of the qualities ITV have.

In a land where content is king, all eyes are on the future of ITV studios (need to Google this headline to read the full article, it won't copy the link)

"For the whole ITV group adjusted EBITDA was £573m, which on 16X EBITDA would give it an implied valuation of £9.17bn, yet the current value of ITV is £5.3bn. In the race for content, we believe ITV does present a compelling takeover opportunity based on the current valuation. Of course, there are no guarantees and ITV could suffer a further downturn, but it is certainly a company that we will be keeping a close eye on."

Based on the above valuation the whole of ITV would be valued at 227.82p per share. Not including net debt.

[chrisdgb] 14/10/2021 14:44

I remain pretty convinced this will get bid for in the next 12 months.....

[nige co] 14/10/2021 14:42

"Will the ITV share price ever return to its 5-year high?"

218p, probably not unless there is a bidding war.