Eadwig
29 Sep 2018
Predators circle UK blue chips as merger mania grips the City: ITV, Burberry and TalkTalk tipped as targets Who's paying Grumpy Grandad's pension then? someone said I’m pre occupied a multi millionaire elite, missing the point entirely, it’s the political elite we have to manage You’re watching the wrong people (drunk on the beach) and can’t see how third division we have become, without even leaving yet. Predators circle UK blue chips as merger mania grips the City: ITV, Burberry and TalkTalk tipped as targets This is Money – 25 Sep 18 Predators circle UK blue chips as merger mania grips the City North American companies have splashed out £37bn this week alone - snapping up broadcaster Sky, gold miner Randgold Resources and Italian fasihon house Versace. [/quote]
Nige_co
26 Sep 2018
Predators circle UK blue chips as merger mania grips the City: ITV, Burberry and TalkTalk tipped as targets Predators circle UK blue chips as merger mania grips the City: ITV, Burberry and TalkTalk tipped as targets This is Money – 25 Sep 18 Predators circle UK blue chips as merger mania grips the City North American companies have splashed out £37bn this week alone - snapping up broadcaster Sky, gold miner Randgold Resources and Italian fasihon house Versace.
jackdawsson
18 Sep 2018
ITV share price Hi Mike, Thanks. Same here. ITV was very profitable for me when recently trading it over a year & I’d love to re-buy a couple of longs at these prices. One now, another later if further price drops seen, as the stock seems to be falling mostly on technical grounds. Volume below average. Little fresh negative news that I can see that’s specific to this stock, bar a Berenberg broker target cut from 185 to 155. If that’s mostly fuelled today’s selling, it does seem another over-reaction. Though closing SPs more important than intraday moves, I agree, sub-150 would seem an excellent entry level. Of course we’ve been in a similar place & seen worse before with ITV earlier in the year when it briefly fell to intraday lows of circa 141, to recover to long-term resistance of circa 180+. As 1 year chart shows. - Regards. Screen Shot 2018-09-18 at 11.33.33.png810x833 51.6 KB
Mikeclayton2
18 Sep 2018
ITV share price Interesting comments there Jack. I made good profits from ITV earlier in the year and I’ve been watching the share price carefully. I have also noted that both short positions were slightly reduced last week, so I am surprised at today’s 6p fall. Will continue to monitor, sub 150p would be very tempting.
jackdawsson
18 Sep 2018
ITV share price Gone quiet here in recent weeks & perhaps it’s to be expected with irrational markets as we have. So to revive a previously decent BB, I’ll add my tuppence. Though I sold the last of my ITV longs weeks ago, I’ll mention it in passing that if not for the fact that my leveraged positions in other stocks are down & under pressure (VOD, LLOY, et al); plus the fact that ESMA regulations have increased margin requirements for leveraged accounts as of 30th July, with ITV’s SP at 151.70+ as I write (over 6p down on the day), if I had spare cash or the necessary margin, I’d be buying back into ITV at these levels. Only my financial circumstances prevent it. - GLA.
Nige_co
20 Aug 2018
3 top FTSE 100 dividend stocks I’m buying right now [link] ITV (LSE: ITV) is the final dividend stock on my list. With a dividend yield of 5.1% at the time of writing, ITV, along with Glaxo and BP, supports one of the best dividend yields in the FTSE 100. The shares also trade at an attractive multiple of 10.6 times forward earnings, even though City analysts have pencilled in EPS growth of 9% for 2018. In my opinion, this rate of growth deserves a mid-teens multiple at least. It would appear investors are concerned about what the future holds for the broadcaster. Recently, the group’s new CEO, Carolyn McCall, announced plans to spend more on content in an attempt to take on US media giants such as Netflix. Only time will tell if this strategy will pay off, but I believe it is the right choice for the group. Without spending more on content, ITV risks being left behind. By investing for the future, it will be able to guarantee its dividend for many years to come.
jackdawsson
07 Aug 2018
Long @ 162.36 Closed 167.24. No reflection on stock & it’s sure to be higher again, but I’ve booked quick leveraged gains (just under 5 pts) for my usual reasons. Also volume looks set to be low. - GLA.
NewBill1703
05 Aug 2018
ITV share price Nige_co: Once this deal goes through then Liberty will be in a cash strong position to make a move on ITV. If they don’t make a move then, they never will. I believe that they will try to manipulate the share price down through GS. I don’t see them wanting to pay no more than 220p per share. You know Malone he wants things giving. Nige et al - I broadly agree on Liberty. Whether are not they are actively manipulating the price or not, which I doubt, by staying silent on the sidelines they are effectively doing so anyway, given how central they are to the ITV upside story. And I suspect they know this! I also suspect you are right, they would rather not pay more than 220p. And while I don’t think they will get it for this (though I wouldn’t be at all surprised if they tried), the reality is they probably would (will?) get it for something a LOT nearer than this than the 320p or so which was the talk a couple of years back.
jackdawsson
02 Aug 2018
Long @ 161.94 First leveraged buy here in a few weeks. Reasons: selling looks overdone after dropping from resistance at 180+ only in early July. No specific target, but will try to stay in for closer to 170. - GLA.
Nige_co
02 Aug 2018
ITV share price Hi El Kel, You’re right mate, the market isn’t listening. GL Nige
Nige_co
02 Aug 2018
ITV share price Hi Jack, That was a good call Jack to sell when you did, from memory around 180p. I now wish that I had followed you, but I decided to hold on for the results. I think that you are right regarding algo trading; something should be done about it destroying share prices. I don’t see a deal for ITV happening until the Vodafone and Liberty deal achieves regulatory clearance, this is expected by mid-2019. Once this deal goes through then Liberty will be in a cash strong position to make a move on ITV. If they don’t make a move then, they never will. I believe that they will try to manipulate the share price down through GS. I don’t see them wanting to pay no more than 220p per share. You know Malone he wants things giving. Good luck Jack, maybe you will be back, just before Liberty bids. Regards. Nige
El_Kel
02 Aug 2018
ITV share price Nige_co: Out of the last 18-trading days the ITV share price has dropped 14 day’s. Dropping from 180.40p to 161.35p. Nige Every time you post a link to an article suggesting that ITV is potentially looking like a takeover target…the sp dips lower!
jackdawsson
02 Aug 2018
ITV share price Nige_co: Out of the last 18-trading days the ITV share price has dropped 14 day’s. Dropping from 180.40p to 161.35p. Very disappointing, to say the least, after a good world cup and reporting ok results. Where does the share price go from here? I can only assume if true that Liberty through Goldman Sachs are manipulating the share price for one reason, they intend bidding at some point in the future, otherwise why would the bother controlling the share price? Maybe they are shorting ITV to bring down their average price. Patience is needed. Hi Nige, Though I’m out off ITV having sold my last tranche at L/T resistance of 180+ on 6th July (as posted on germane thread), I’m naturally disappointed for L/T holders. Though I’m confident ITV will be much higher again later, it’s a hard call when in view of some major TV events & increased ad revenues just concluded for a while. Of note, when looking at trades on London’s Stock Exchange, I’ve often noticed that for most FTSE stocks the vast majority of reported trades are now algorithms. These computerised algos dominate stock markets. They increase in number at, or near L/T resistance levels, often regardless of a stock’s fundamentals. Without compelling fresh bullish news, they then continue the downtrend, with brief up days, until major support levels found. Then these same stocks are slowly bought back up, again mostly via algos. These computerised processes aren’t helpful one iota to L/T holders as they often skew fair value. But obviously some big players who run more powerful algo trading systems are making some serious money during these price moves. Maybe there should be an investigation into the increasing dominance of algo trading & how they can easily skew fair values of stock prices to the detriment of investors. I’d welcome that. - All the best!
Nige_co
02 Aug 2018
ITV share price Out of the last 18-trading days the ITV share price has dropped 14 day’s. Dropping from 180.40p to 161.35p. Very disappointing, to say the least, after a good world cup and reporting ok results. Where does the share price go from here? I can only assume if true that Liberty through Goldman Sachs are manipulating the share price for one reason, they intend bidding at some point in the future, otherwise why would the bother controlling the share price? Maybe they are shorting ITV to bring down their average price. Patience is needed. Regards. Nige
Bowman
01 Aug 2018
Buy these FTSE 100 dividend stocks @Nige_co, Unfortunately the chart does not appear very appealing. itv chart.png2812x2050 279 KB I had thought we might be climbing back towards 200 when we got to 180 at the beginning of July. However, subsequent movements make it look as if we are on the way back to the lower 150’s. It is looking like a re-run of March, but at a lower level. Hope the decline is not of the same magnitude though, since this would take us to below 120!
