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!

OOPS wrong thread.

Thursday 14 May

ITV (ITV) will publish a Q1 IMS on Thursday updating on trading and developments since the broadcaster's impressive prelims in March.

Westhouse's Roddy Davidson remains bullish on ITV's underlying fundamentals.

"We expect a combination of strong EPS and DPS progress across our three-year forecast horizon (37% and 83% aggregate growth respectively) and expect the former to be supplemented by further acquisition activity in the content space," says Davidson.

The analyst also sees further special dividend payments as a "real possibility".

"Against this backdrop we regard the group's current valuation as attractive despite a good run. We reiterate our 288p target price and Add recommendation."

Back in long on the spreads @ 264.59

Just hope I have made the right decision here, volume is fine and chart same except MACD hovering around zero needs to break up rapidly.

Marvelous, down on low volume :0( results had better be good.

New Culture Sec very good news for ITV

12 May Nomura 270.00 Buy

Goldfinger is very bullish on these , been posting on all the bb's

Goldfinger was very bullish on a Labour Government alders so I wouldn't trust his judgement :0)

Clarkson ,his producer and the other two are talking with ITV so rumour has it , that wouldn't hurt ..

The above I trust. Strong uptrend till it isn't! :0)

Clarkson ,his producer and the other two are talking with ITV so rumour has it , that wouldn't hur

Hope they don't over pay for it.

Chris

Watch Tip TV , mention of ITV and rumor of Liberty raising its stake

https://deal.ig.com/news/reuters/getReutersNews.htm?storyID=20150511-nL5N0Y24JI&rs=63281dce8aaaae2a3a9f1730b1fbc82eb7b7375523b4b60a5eb211e9cc96cc5d01113&locale=en_GB&timezoneOffset=1

aldwickk , think of the advertising revenue for a slot during airtime and the fact that the programme could be sold world wide , just a thought .

JB

Who has the copywrite whatever on the program format and the name Topgear, would they have to rename it and change the content slightly

I do know that Clarkson owned about 30% which he sold back to the BBC some time ago ,Andy Wilman the producer owned 20% which i would think the BBC would have to buy from him if they want to re air it . Or maybe he won't sell who knows .
However lets face it they could call it what they like and change some of the format to get round some of the legal issues, it would still without doubt get better viewing figures than Jodie Kidd and an actor presenting the BBC top Gear .

14
May
2015
ITV
plc
Q1
Trading
Update
–
3
months
to
31
March
2015
ITV
delivers
strong
first
quarter
growth
across
all
parts
of
the
business
ITV
has
published
the
following
trading
update
in
advance
of
the
Company’s
Annual
General
Meeting
to
be
held
at
11
a.m.
today.
• Total
external
revenue
up
14%
to
£665m
(2014:
£585m)
• Broadcast
&
Online
revenue
up
10%
to
£530m
(2014:
£480m)
reflecting
12%
growth
in
NAR
and
further
strong
growth
in
Online,
Pay
&
Interactive,
up
31%
• ITV
Studios
revenue
up
17%
to
£224m
(2014:
£192m)
with
a
return
to
organic
growth
of
8%
• Completed
the
acquisition
of
100%
of
Talpa
Media
• Non-­‐NAR
revenue
up
13%
to
£319m
(2014:
£282m)
• ITV
Family
NAR
is
forecast
to
be
up
around
5%
in
H1

What went wrong with your post ?

ITV reports strong first quarter growth across all parts of the business with total external revenues up 14% at £665m. CEO Adam Crozier described this as a strong start to the year with "further growth across all parts of the business as we continue to deliver against our strategy."

An update ahead of the annual general meeting today shows that Broadcast & Online revenue rose by 10% to £530m (2014: £480m) reflecting 12% growth in NAR and further strong growth in Online, Pay & Interactive, up 31%. ITV Studios revenue rose by 17% to £224m (2014: £192m) with a return to organic growth of 8%.

"ITV Studios returned to organic growth, which contributed around half of Studios revenue growth, while our acquired businesses remain on track," the CEO said.

"We remain focused on building a global scripted business, with a number of high profile dramas this year including Thunderbirds Are Go, The Good Witch, Texas Rising, Aquarius, Raised by Wolves and Jekyll & Hyde. Looking forward to the rest of the year we have a healthy pipeline of new drama to come.

"In April we completed the acquisition of Talpa Media, the creator of entertainment formats including The Voice, The Voice Kids, Utopia and Dating in the Dark, which marked an important step forward in our strategy of building a world class production and distribution business.

"£Our Broadcast business has made a very strong start to the year with NAR up 12% in Q1 and growth across all the major categories. Online, Pay & Interactive continues to grow strongly, helped by growth in online advertising and by our pay channel ITV Encore, which launched last June.

"ITV Family Share of Viewing was down 3% in the first four months and improving SOV remains a key focus for the year. We are encouraged by a more robust recent performance including Britain's Got Talent, Ninja Warrior, Vera and well received new drama including Safe House, Home Fires and Code of a Killer. Our digital channels are growing audience share, up 3% overall year on year, and we are firmly focused on the main channel where we expect to see improvement in the second half of the year when we will have the benefit of the exclusive rights to the Rugby World Cup.

"Looking forward, ITV NAR is expected to be up around 5% in H1, and while quarterly phasing will be different to 2014, we expect to outperform the market over the full year with Online, Pay & Interactive continuing to grow strongly across the year. ITV Studios remains on track to increase revenue by around £100 million on a constant currency basis with the benefit of Talpa to come. For 2015 as a whole we anticipate further strong growth across ITV as we continue to rebalance and strengthen the business creatively, commercially and financially."

Copied from website alders.