Rate my SIPP - ITV high conviction

QrizB

optoutDB said:
Also I was busy building up my ALL-IN on TESLA portfolio (as the cars were burning). If I'd seen your thread I would have started a parallel one    

This Tesla?

https://arstechnica.com/cars/2025/10/tesla-profits-fall-37-in-q3-despite-healthy-sales

FIREDreamer

Possible buying opportunity, but not for me. I will stick to investment trusts and ETFs.

https://www.fool.co.uk/2025/10/22/with-a-yield-of-7-3-is-it-time-to-consider-itv-shares/

Qyburn

Laycity said:

Down 8.6% today - ouch! Top up opportunity? 

Doesn't that presume you're sitting on a pot of cash, uninvested and waiting for the dip? 

Juno_Moneta

Laycity said:

Down 8.6% today - ouch! Top up opportunity? 

Hi all, well I wasn’t going to comment but since someone posted about that move I will.

Yes big move which was in brief due to ITVs largest shareholder Liberty Global reducing their stake in a secondary placing - their stated reason is to simply refocus their overall portfolio towards telecoms by reducing ‘non core holdings’. That means they sold 5% of their holding to other shareholders, ITV does not benefit at all it’s literally one holder selling to another. Also ITVs day to day business of selling adverts and making content for themselves and other streamers is unaffected and continues as before - ie this is NOT a profit warning. 

The immediate optic is that a takeover is now less likely, however ironically the opposite may now in fact be true as many commentators believed Libertys large 10% holding could actually have been a blocker to an approach. Time will tell who is right… but this is not my main goal, yield & pension income is.

Anyway … this forum is not the right place to discuss day to day volatility in shares - by the time anyone reads all these posts the price will have moved all over the place! So turning back towards the pension focus which is what I have promised to post about;

I am still years from retirement (age not disclosed!), and maintaining my DRIP approach. Therefore effectively I am in my accumulation phase which means I am actually benefiting from this weakness. My most recent ITV dividend worth circa £20k will be reinvested when it arrives on 25-Nov so ok I will potentially acquire 6% more shares notwithstanding any other moves by then. 

I will keep updating on my position and dividend income (yes not guaranteed I know), and hope to share my pension drawdown journey once it starts.

FIREDreamer

Juno_Moneta said:

Laycity said:

Down 8.6% today - ouch! Top up opportunity? 

Hi all, well I wasn’t going to comment but since someone posted about that move I will.

Yes big move which was in brief due to ITVs largest shareholder Liberty Global reducing their stake in a secondary placing - their stated reason is to simply refocus their overall portfolio towards telecoms by reducing ‘non core holdings’. That means they sold 5% of their holding to other shareholders, ITV does not benefit at all it’s literally one holder selling to another. Also ITVs day to day business of selling adverts and making content for themselves and other streamers is unaffected and continues as before - ie this is NOT a profit warning. 

The immediate optic is that a takeover is now less likely, however ironically the opposite may now in fact be true as many commentators believed Libertys large 10% holding could actually have been a blocker to an approach. Time will tell who is right… but this is not my main goal, yield & pension income is.

Anyway … this forum is not the right place to discuss day to day volatility in shares - by the time anyone reads all these posts the price will have moved all over the place! So turning back towards the pension focus which is what I have promised to post about;

I am still years from retirement (age not disclosed!), and maintaining my DRIP approach. Therefore effectively I am in my accumulation phase which means I am actually benefiting from this weakness. My most recent ITV dividend worth circa £20k will be reinvested when it arrives on 25-Nov so ok I will potentially acquire 6% more shares notwithstanding any other moves by then. 

I will keep updating on my position and dividend income (yes not guaranteed I know), and hope to share my pension drawdown journey once it starts.

I am getting jimsusan vibes here. 😃

If you know, you know.

Good luck anyway.

TheTelltaleChart

I prefered the KLF version