Stv Share Discussion Threads

[qs99] 07/3/2014 10:26

Lets hope road show goes well... IMO this should trend higher given low rating...

[philo124] 07/3/2014 10:23

They have them at 40p eps forward p/e of 9 for 2015.

[scottishfield] 07/3/2014 09:39

below fm Edison note - very positive:
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Final results were ahead of our expectations as was the 2p dividend, a sign of management's confidence. The advertising outlook is positive and STV's strong local identity and new local and digital services are an important differentiator for advertisers. The revenue base is diversifying, net debt is falling and STV's Channel 3 licences have been formally renewed to 2024. We have increased our 2014 EPS estimates by 8%. The shares have performed very well but the rating remains below the peer group with the 2014e P/E at 10.1x and EV/EBITDA of only 8.0x.

STV is Scotland's digital media company. It holds the Channel 3 (ITV) commercial television licences for Scotland and creates and distributes programmes across all platforms, including broadcast and catch-up TV, online, mobile and connected devices.

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[mo123] 07/3/2014 08:53

Published in the Scotsman.

[mo123] 06/3/2014 15:59

Numis target price raised from 436 to 480p.

[eezymunny] 06/3/2014 15:08

Bank loans expire Dec 2014 but I don't see a problem refinancing the way things are going. Ooops wrong they say facilities extended til Mar 2016...!

Should we worry at all about the ITV relationship? Don't see any current issues?

[scottishfield] 06/3/2014 14:48

good for you eezy, I buy some more this morning also.

[eezymunny] 06/3/2014 14:45

Numbers/valuation look great to me. Can't see any nasties in there at all. Any negatives anyone?

I've bought a full portion for the EezyMunny portfolio FWIW.

[simon42] 06/3/2014 08:56

Significant breakout. A steady as she goes statement with some digital excitement. It read well IMO.

[dewtrader] 06/3/2014 08:38

Keep on trucking!

[dewtrader] 06/3/2014 08:19

Superb results, brokers want 440p on these, might see it close to 500p target now

[dewtrader] 06/3/2014 08:17

BREAKOUT!!

[philo124] 06/3/2014 08:17

Reported that is. 440p was latest target but mine raised to 560p;- forward p/e 14. Bet Liberum will up to 500p.

[iandippie] 06/3/2014 08:13

Ahead of broker's forecasts. Nice. Topped up :-)

[philo124] 06/3/2014 08:12

Not much volume yet though.

[shanklin] 06/3/2014 08:12

Results look excellent especially with the bonus of the improvement in the pension scheme situation. Increased my position in STVG by 40% first thing.

[red army] 06/3/2014 08:10

Targets

£4.40 - £5.60 - £10

[dewtrader] 06/3/2014 07:49

Reckon its breakout day! Brokers target is 440p from memory

[sasannach] 06/3/2014 07:48

Looking good and ahead of forecast.

Net debt down and cash flow up
Profit up
eps up
Return to dividend

Lets hope the market agrees!!

[scottishfield] 06/3/2014 07:29

debt down 21% is v good.

[dewtrader] 06/3/2014 07:27

Digital revenues up 23%



itv World cup rates probably heading to £250,000 for 30 second commercial?

[philo124] 06/3/2014 07:22

Looks fine imo.