ITV Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9625052
"Shares in ITV(ITV) rose 1.75p to 82.5p after the broadcaster announced external revenues of 565 million pounds for the three months ended 31st March, up 13% on 2011's comparable period, with growth primarily driven by non-advertising revenues. The performance included 61% sales growth from its ITV Studios business to 212 million pounds as it gained business in the UK and US. The firm added that it has a net cash position of 16 million pounds and expects trading to remain strong in 2012, boosted by the European football championship in June."

Pretty encouraging. This is also displayed in SP going up in a very weak market.
nk By nk1999 ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9625052&action=detail Thu, 10 May 2012 03:43:00 GMT nk1999 tag:iii.co.uk,2003:tst.9531922
Even better than Panmure.

Cheers, RAC By RAConnell ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9531922&action=detail Thu, 12 Apr 2012 14:20:00 GMT RAConnell tag:iii.co.uk,2003:tst.9529052
"Panmure Gordon reiterated its "buy" recommendation for ITV (ITV) with an increased target price of 115p, from 95p.

The broker believes that the broadcaster is well positioned to benefit from a number of special events in the second and third quarters of 2012, such as the Diamond Jubilee, Euro 2012 football championship and the London Olympics. Panmure also noted the firm's inefficient balance sheet and believes that a refinancing could result in an additional 10% upside. ITV shares climbed by 0.85p to 83.1p."

nk By nk1999 ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9529052&action=detail Wed, 11 Apr 2012 22:33:00 GMT nk1999 tag:iii.co.uk,2003:tst.9493994
"PRESS RELEASE: S&P Raises Broadcaster ITV To 'BB+', Outlook Stable

The following is a press release from Standard & Poor's:

-- U.K. broadcaster ITV PLC continued to strengthen its credit metrics in
2011, supported by a stable advertising environment and almost GBP340 million of
debt reduction through bond buybacks.
-- We are therefore raising our issuer and unsecured debt ratings on ITV
to 'BB+' from 'BB'.
-- The stable outlook reflects our view that ITV's credit measures will
remain commensurate with the current rating even in a more challenging
economic environment.

MILAN (Standard & Poor's) March 30, 2012--Standard & Poor's Ratings Services
said today it raised to 'BB+' from 'BB' its long-term corporate credit rating
on U.K. broadcaster ITV PLC. We affirmed the 'B' short-term corporate credit
rating.

At the same time, we raised to 'BB+' from 'BB' the issue rating on all of
ITV's senior unsecured debt. The recovery rating on all ITV's bonds is
unchanged at '3', indicating our expectation of meaningful (50%-70%) recovery
for unsecured creditors in the event of a payment default.

The rating action reflects ITV's improved credit metrics on the back of a
stable U.K. TV advertising market in 2011 (up 0.7%), solid trend in
non-advertising revenues (up 11%), and ongoing attention to cost discipline.
The rating action also recognizes the company's "strong" liquidity, supported
by a sizable cash balance, and ITV's significant effort to strengthen its
balance sheet.

Total revenues increased by 4% in 2011, mainly driven by the sound performance
of the online, video on demand (VOD), and ITV Studio divisions. The group
EBITA grew to GBP462 million, corresponding to a 21.6% margin, up from 19.8%
reported in 2010, owing to top-line growth and further cost savings delivered
in the year. As a result, ITV's leverage, as adjusted by Standard and Poor's,
dropped to 2.3x in 2011 from 3.3x the previous year, which we consider quite
modest for the rating category.

Moreover, we factor into our rating action the company's prudent financial
policy that led to GBP340 million of debt reduction and limited dividend
payments aimed at retaining financial flexibility and strong liquidity.

We expect that ITV will likely build up additional headroom at the current
rating in 2012, given our base-case assumption of further growth in revenues
and EBITDA, albeit at a moderate pace.

Under our base-case scenario of low single-digit growth in the U.K.
advertising market in 2012, we anticipate that ITV will report
mid-single-digit growth in revenues and a stable EBITDA margin. We assume that
revenue growth will stem primarily from non-advertising, while we anticipate
flat advertising revenues at this stage given the uncertain economic outlook.
As a result, we anticipate that leverage--as adjusted for operating leases,
pension obligations, and GBP250 million of what we consider to be excess
cash--will decline toward 2.0x by the end of 2012.

The stable outlook reflects our view that ITV's credit metrics will likely
remain commensurate with the current ratings, based on low single-digit growth
in its revenues and stable EBITDA margin. The stable outlook assumes that ITV
will retain financial flexibility through a moderate financial policy on
acquisitions and shareholder remuneration. We view a ratio of adjusted debt to
EBITDA of about 2.5x and an adjusted ratio of FOCF to debt in excess of 10% on
a sustainable basis as adequate for the current rating. "

nk By nk1999 ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9493994&action=detail Fri, 30 Mar 2012 19:19:00 GMT nk1999 tag:iii.co.uk,2003:tst.9387576 Rob Woodward: STV remains committed to a distinct schedule for Scotland
By MARTIN FLANAGAN
Tuesday 6 March 2012 00:00
http://bit.ly/zvHclb By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9387576&action=detail Tue, 06 Mar 2012 05:06:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9386938 Small-caps
By David Keohane
http://on.ft.com/z6jZaX By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9386938&action=detail Mon, 05 Mar 2012 20:04:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9374619
"Numis upgrades ITV as profits surge 14%

Lorna Tilbian, analyst at Numis, has upgraded broadcaster ITV (ITV.L) from 'add' to 'buy' following what she described as 'very strong' full-year results.

Normalised profit before tax of £398 million was well ahead of Tilbian's forecast of £365 million, while group revenues of £2.14 billion, up 4%, also surpassed her prediction. Profits in the full year were up by 14%. The broadcaster said that crowd-pleasing shows Downton Abbey and the X Factor helped boost revenues over the year.

The analyst also noted that advertising revenues in the first quarter were not as bad as feared, falling 2% on the previous year compared with her forecast of 10%, and the Euro 2012 tournament in the second quarter should see advertising revenues for the year as a whole rise, she said.

Shares in the group have had a strong run recently, but Tilbian said the results justified the upgrade nonetheless, and she has lifted her target price to 100p.

On Wednesday shares in the group closed at 86.30p on Wednesday, up 5.80p or 7.2%."

nk By nk1999 ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9374619&action=detail Thu, 01 Mar 2012 22:35:00 GMT nk1999 tag:iii.co.uk,2003:tst.9374359 Friday, March 02, 2012
http://bit.ly/zz9lOP By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9374359&action=detail Thu, 01 Mar 2012 21:12:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9374139 6:56PM GMT 01 Mar 2012
http://tgr.ph/AquJxV By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9374139&action=detail Thu, 01 Mar 2012 20:21:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9371245
I have been in here for 5 years and seen the highs and the lows - I could never understand why the combination of the once great independent TV companies like Granada and Carlton could sink so low as 20p in 2009 - after the merger price of around 120p.

However did not bite the bullet but just averaged down around 40p when showing a significant loss on my initial 110p investment.

Nice gain if you got in at 20p though !

SJ By San Jaime ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9371245&action=detail Thu, 01 Mar 2012 10:45:00 GMT San Jaime tag:iii.co.uk,2003:tst.9369610 A round-up of analyst notes, including their take on Imagination Technologies and Serco.
by Harry Brooks on Mar 01, 2012 at 05:01
http://bit.ly/w7TQIn By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9369610&action=detail Thu, 01 Mar 2012 05:27:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9369560 TOBY GREEN THURSDAY 01 MARCH 2012
http://ind.pn/xIobz9 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9369560&action=detail Thu, 01 Mar 2012 04:57:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9369196 Thursday, March 01, 2012
http://bit.ly/x33vDy By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9369196&action=detail Wed, 29 Feb 2012 21:18:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9369147 Wednesday, February 29, 2012
http://bit.ly/zcAwjS By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9369147&action=detail Wed, 29 Feb 2012 21:08:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9369066 29 February 2012
Shares in ITV have advanced 54 per cent since our buy advice, and there is more upside to come
http://bit.ly/zbqVgq By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:ITV.L&display=discussion&id=9369066&action=detail Wed, 29 Feb 2012 20:47:00 GMT SpikeyDT