Itv Share Discussion Threads

[hamhamham1] 10/11/2021 08:52

Broker upgrades will do the lifting as well

[nige co] 10/11/2021 08:36

Stan, what's your take on the Q3 results?

[hamhamham1] 10/11/2021 08:29

Stan, the figures are great, the share price will rise and people with deep pockets will look at it, time will tell if a bidder appears, but there's a lot worse companies out there who have been bought.
But I'm happy either way strong performance will do the talking.

[hamhamham1] 10/11/2021 08:26

Or could always just could one of these steady climbers all morning, lets see.

[ivanborsky] 10/11/2021 08:17

Ditto that. Someone has given me the 'thumbs down' on all my posts this morning. Hmmmm, I wonder who that could possibly be ? :)

[hamhamham1] 10/11/2021 08:08

Will be in the 120s before 9am IMO, once settled down.
Yep it may then drop back to the mid/late teens for a short while, but orders will come in, let's watch and enjoy.

[tlobs2] 10/11/2021 08:06

Boom. Let's see them manipulate this one ;-)

[hades1] 10/11/2021 08:05

116p uncrossing

[hades1] 10/11/2021 08:03

Still not open but 117-118p

[hades1] 10/11/2021 07:59

Uncrossing 115p

[ivanborsky] 10/11/2021 07:58

Don't forget that there is the ITV Commercial Investor Seminar this afternoon at 15:30pm and the webcast will be streamed live, just go on to the ITV website for the link or copy and paste the link from the RNS this morning.

[hades1] 10/11/2021 07:55

Market Pre Open Report

ITV said it has had an "outstanding" nine months with strong performances from its Studios and Media & Entertainment businesses driving revenue growth.

For the nine months to September 30, revenue was GBP2.79 billion, up 29% from GBP2.17 billion at the same time last year. Total advertising revenue came in at GBP1.36 billion, rising 31% from GBP1.04 billion.

As previously guided, ITV expects to propose a final dividend of 3.3p at the full year stage.

Looking ahead, ITV said total advertising revenue for 2021 is expected to be the highest in the company's history.

The broadcaster also highlighted it has a strong programming slate going into next year as it continues to invest in content and expects total schedule costs to be around GBP1.16 billion in 2022. This includes the FIFA World Cup, the FA Cup and a strong schedule of dramas at ITV Studios which will "drive increased levels of live and streaming viewing".

"With the combination of Broadcast and ITV Hub's mass simultaneous reach, our brand safe addressable advertising product and the strong economy, 2021 looks set to have the highest advertising revenue in ITV's history, despite the lockdown in the first quarter," said CEO Carolyn McCall.

[sr2day] 10/11/2021 07:54

would be good if it close at 120p.

[hades1] 10/11/2021 07:51

Would be good to open above 112p.

[hamhamham1] 10/11/2021 07:47

Happy days, enjoy watching the buys roll in today

[hamhamham1] 10/11/2021 07:40

120p today for sure

[hamhamham1] 10/11/2021 07:39

I think you will get the 150p share price in 3 months IMO

[nige co] 10/11/2021 07:38

Yes even TomTit on LSE board has done a runner. Silence is golden.

[ivanborsky] 10/11/2021 07:38

They'll be long gone, usual form ! S4 Capital also released their trading statement as well which was also a whopper, '– Sorrell's S4 posts Q3 gross profit up 42% – Martin Sorrell's S4 Capital said it would invest a proportion of its core earnings margin in future growth after reporting a third quarter like-for-like gross profit up over 42%.

Built by Sorrell, the founder of the world's biggest advertising company WPP , the purely digital S4 said in September it expected gross profit to rise by 40% this year, the third time it had increased its outlook.'

[hamhamham1] 10/11/2021 07:33

Hee hee where are all those doomster posters?
5-10% rise on opening for starters?

[ivanborsky] 10/11/2021 07:29

ITV says 2021 ad revenue will rise 24% to record level- 'ITV , Britain's biggest free-to-air commercial broadcaster, said it expected to deliver record total advertising revenue this year, with strong demand from a reopened economy resulting in a predicted 11% to 13% rise in the fourth quarter.

It predicted a 24% rise for the year.

The company said the strong performances from its broadcast and studios businesses resulted in a 28% rise in external revenue to 2.38 billion pounds ($3.2 billion) for the nine months to end-September.'

[hamhamham1] 10/11/2021 07:25

ITV plc Q3 Trading Update for the 9 months to 30 September 2021

Carolyn McCall, ITV Chief Executive, said:

"By any standards ITV has had an outstanding nine months. Both our Studios and Media & Entertainment (M&E) businesses have performed very strongly. Revenue from each business over the nine months is up both on last year and on 2019. This drove total external revenue up 28% compared to 2020 and 8% higher than 2019.

[marksp2011] 10/11/2021 07:13

This stinks

Exceptional items are expected to be around GBP170 million, mainly due to acquisition related expenses, restructuring and reorganisation costs, and reducing our transponder capacity. This includes an additional GBP108m in relation to the final earnout payment for Talpa

Buying another business is not an exceptional item.

3.5p on a notional 5p divi. so c 4.8% yield.

personally I would much rather have no divi and a 150 share price.

:)