Stv Share Discussion Threads

[cockneyrebel] 29/4/2010 19:09

STV have claims v ITV too tho kab6 - looks a two way thing imo.

I still think they look a cheap buy for ITV and easily affordable.

CR

[kab6] 29/4/2010 18:42

Looks like a good yearly hold to me. Obvious risk is the ITV dispute. I think the pension liability looks manageable (after looking at the full year results).

[bigbigdave] 29/4/2010 16:54

Tried for a third 5k but never got filled. Need to accumulate stock while its available here by the looks of it.

[smellyjim] 29/4/2010 12:51

yes this is primed, look at level 2 just never any sell side vol. Last MM left under 100p, fun and games once 107p breaks as a quick run to 120p beckons.

[bigbigdave] 29/4/2010 12:48

............. and another 5k.

[bigbigdave] 29/4/2010 12:33

Have been waiting for a pullback here having missed the initial rise and decided today was the day. Damn hard to get any decent volume tho'- a measly 5k was the best I could do.

[cockneyrebel] 29/4/2010 12:17

Just wait for this to go back through that 105p level smellyjim - gonna be a screamer imo - it just doesn't want to give anything back here imo.

CR

[smellyjim] 27/4/2010 15:29

I'm in, nice cheap one to add a bit of backbone to the portfolio.

[cockneyrebel] 25/4/2010 11:49

This should excite the sector tomorrow too:



CR

[cockneyrebel] 25/4/2010 10:54

STV makes news by going 'hyper-local'

CR

[cockneyrebel] 24/4/2010 11:52

Worth looking at Odey's record imo - he bought AVE and PDG at the bottom of the market and has 10 bagged them and more since.

Wish I'd noticed him buying these back in December.

He's just been buying UKC - that's right on a low at the moment.

CR

[wallywoo] 24/4/2010 11:04

hi Ginty, I'm completely sold out too. Still think this is undervalued but it has come a long way very quickly and due a rest.

Good luck with the next one! My profits have all gone into OMI and 3INW

[cockneyrebel] 23/4/2010 13:49

Crispin Odey - just increaased his stake to over 11%

A guy to follow imo.

Top hedge fund manager.

CR

[crawford] 23/4/2010 08:45

GL Ginty,
nice profit you made there.

[ginty the brave] 22/4/2010 17:04

Well Guys, I made a decision and sold today. The 113690 was mine. Only got 95.5p mind and not 96p. Typical.

Anyway, a profit is a profit and I will be back but gonna take a breather.

GL all!!

[cockneyrebel] 22/4/2010 16:51

113K trade looks like a sell, just like the 100K trade.

About 360K sells today, hardly a buy all day - and the price is up - sort of says the mm's are filling an even larger buy imo if they can take that lot and still raise the bid.

CR

[crawford] 22/4/2010 11:56

Whats the 113k trade?

[cockneyrebel] 22/4/2010 11:53

Through that previous high of 106p and I'd expect these to clat on to that 150p level prety swift - the PE for 2011 even @ 150p is still under 5 :-)

CR

[cockneyrebel] 22/4/2010 11:51

might be a few sellers but someone's buying them all up - the price is rising on them.

I love the chart - it hasn't had a retrace yet and there must be a herd all waiting to buy the first dip they see - there's always buyers for a dip on a spike like this. I can't see any dip being better than this tho, yesterdays dip was bought straight away.

CR

[ginty the brave] 22/4/2010 10:28

Agree the long term outlook looks strong especially as the recession fades and gdp grows. Gdp could be very strong next year due to the weak pound.

The short term ie 2 /3 weeks is what I am looking at. Would be nice to see it settle above £1.

UTV media has held its price nicely and now trading around 130p

[crawford] 22/4/2010 10:27

Ginty,
the chart scares me too, I took some profits recently after the good run.

Fingers did a chart recently:

[cockneyrebel] 22/4/2010 10:23

Look better than a hold to me.

On a debt basis they are no worse than ITV or SKY, a lot better perhaps.

Rob Woodward is from Hannover Investments - they have a big history of turning co's around like FOUR, ELM, SPT etc.

ITV's pension deficit is nearly £500m, 20 times the size od STVG's - and they ain't going to be making 20 times the profit.

As for the legal disputes - they are two wayu - STVG seem to have as many against ITV as do ITV v STVG - if anything STVG look like they could benefit more from the disputes imo.

I'll keep adding myself - I bet a year or two down the line these will be doing far greater earnings, debt will be greatly reduced and the pen deficit will much less of a problem imo.

CR

[ginty the brave] 22/4/2010 09:46

I thinks thats a fair comment. A small holding?? Ha! Already knee deep here but done very well.

Having a good look at the graph and deciding what to do as the recent rise has been quite stellar and dont want to hand back profit.

Any thoughts anyone??

[crawford] 22/4/2010 09:15

Quite a cautious statement:

STV Group

Our view: Hold

Share price: 95p (-6p)

So the iconic Pearl & Dean advertising business is on the move again with STV selling the loss-making operation for £1. That was the big news from yesterday's trading statement from the media group, although investors will be just as pleased to see that the company is trading in line with expectations at a time when TV advertising is recovering at a relatively rapid pace (national television advertising is forecast to be up +21 per cent in April and +23 per cent in May.) So trading on four times 2010 forecast earnings, it's a clear buy, right? Well, there are issues.

STV still has a relatively high debt pile (£55m) together with a £27m pension deficit, which is a nasty-looking figure. Then there is a legal dispute with ITV and an outlook statement which does not suggest ringing confidence in its prospects. STV is cheap, therefore, but comes with a number of problems. The business looks to be heading on the right track (especially with the sale of P&D), so a small holding might be in order. But no more. Hold.