ITV must now be a bargain. The current team clearly are an issue but you'd think the big American companies would recognise the bargain.

The yield is also high and can be reinvested. That really does limit the down side. You can even win here if it drops further!

01 Dec 2014 ITV PLC ITV Nomura Buy 214.20 214.20 240.00 245.00 Reiterates

SP Target 245p

Citywire today...........

Liberum eyes 2016 boost for ITV
Liberum analyst Ian Whittaker believes ITV’s (ITV) earnings could receive a 15% boost if pay-TV providers are forced to pay to carry its flagship channel ITV1.

ITV chief executive Adam Crozier has long been lobbying for ITV to receive payment from the likes of Sky and Virgin, arguing that public service broadcasters are the most popular on pay-TV services.

Whittaker said ‘retransmission revenues’ for ITV1 could come in 2016 as a by-product of the government’s review of the BBC licence fee.

‘We see 2016 as the most likely date for the introduction of retransmission fees for ITV’s main channel ITV1,’ he said. ‘We think the government could be tempted to bundle this in with a (likely) popular political pledge to reduce or even abolish the BBC licence fee.

‘At £1 per month per pay-TV subscriber, this could add over 15% to our current full-year 2016 estimated earnings-per-share estimates and close to 40p to our 255p target price.’

Whittaker has a ‘buy’ recommendation on ITV with a 255p target price on the shares, which on Friday were trading at 214.2p.

http://citywire.co.uk/money/the-expert-view-itv-thomas-cook-and-merlin/a786711?ref=citywire-money-latest-news-list#i=2

01 Dec 2014 ITV PLC ITV Credit Suisse Outperform 212.60 214.20 270.00 270.00 Reiterates

SP Target 270p

ITV on the move today, this sector has so many possibilitys for ITV

As deal fever sweeps the sector, the head of Britain’s budget broadband business isn’t fazed.

Dido Harding feels quite relaxed despite the past two weeks’ explosive telecoms deal talk that foreshadows what could be the largest period of consolidation the sector has ever seen.

If anything, the chief executive of Britain’s budget broadband provider – with 4.2m household customers – feels confident her business is best positioned to compete in a market where all her rivals offer bundled broadband, TV, telephone and mobile (quad play).

“We feel in a really good position, we’ve already got a quad play proposition,” Baroness Harding says.

But although she confirms TalkTalk hasn’t hired advisers or bankers to consider deal options (despite “endless calls” from investment bankers over the past week), Harding could soon be drawn into the fray regardless, with Vodafone reportedly eyeing up her business as a second option if it is unable to reach a deal with Virgin Media owner Liberty Global.

“If they decide they simply have to quickly have a fixed- line asset, then I’m not naive enough to think that we’re not one of the companies that they would look at, but they’re going to have to pay a big premium, because we don’t need them,” says Harding.

Harding believes talk of BT buying EE or O2, Vodafone buying Virgin Media, or Sky and BT battling each other over the best sporting content, are all players acting defensively to protect their premium assets – broadband in the case of BT, mobile in the case of Vodafone and content in the case of Sky.

“People who move defensively into new markets tend not to have great customer propositions. We don’t have a premium anything, we’re the value-for-money provider of all four products,” she says, confident as no other provider is yet to challenge her budget segment.

Indeed, as a value broadband provider Harding has led TalkTalk to new heights this year passing 1m TV customers, growing far faster than BT and Sky’s TV businesses. It launched a joint venture with Sky and CityFibre to build a dedicated network in York.

What's the point of this ?

Date Broker New target Recomm.
5 Dec Citigroup 200.00 Neutral
5 Dec Exane BNP... 200.00

Covering their backs as usual alders :0)

10 Dec 2014 ITV PLC ITV Liberum Capital Buy 208.50 208.50 255.00 255.00 Reiterates

SP Target 255p

Got stopped out @ 208 , shall i buy back in ?

Back in again @ 211

alders did you consider using quarterly spread bets as opposed to daily rolling?

Bought the March and still have a daily

Ratings for the X Factor final dipped to a 10-year low on Saturday, despite attracting more than a third of the available audience.

The ITV talent show drew an average audience of 8.4 million, including those watching on catch up services.

Only 2004 drew lower ratings, when 8.1 million watched Steve Brookstein become the first ever X Factor champion.

Its on its way to a 220-225 price range before moving higher

Well that's my long term target hit 230p taken a good chunk of profit of the table. Left a couple of SB's to run.

Well done Chris , you played it well

Thanks alders.

Yes, well done Chris - it's nice to have a hobby that makes you money - helps to pay for the golf equipment!!

Very true db :0)

On the move, added on the spreads (Mar) @ 227.41