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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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STV - Owner of Scottish ITV licences well-placed to ride advertising recovery; prospective PE just 7.1

October 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • STVG
  • Price:
  • 261p
One of Warren Buffett’s most successful early investments was ABC, one of the three giant TV networks dominating mid-1980s America, reaching nearly every household. At the time, satellite TV and the internet were merely distant concepts, leaving advertisers with few alternatives but to spend more, resulting in significant gains for Buffett when ABC was acquired by Walt Disney in 1996. STV shares similarities with ABC in that it dominates Scottish free-to-air television through its ownership of the Channel 3/ITV public broadcaster licences for Central and Northern Scotland. Five years ago, it surpassed the BBC to become the market leader with a 22% share, more than three times that of Channel 4. To put it into perspective, the aver ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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