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Interesting Director purchases, showing confidence in the company at this price level.
are recruiting for a number of new roles including for a large multinational telco based in Newbury and London, presumably Vodafone
Care to post any evidence to support your assertions?
Picked up a few of these today on Mr Ds recommendation.
Everything appears to be going downhill for him.
skiier does enjoy deramping. look at posting history.
Note of caution here that BHRD is losing millions, has soaring debt, millions of debt and convertible loans at silly prices, the Board is playing musical chairs, and its revenue is fairly small and barely going to move the needle for Sorrell.
seems a bot crazy to not be in this given sorrell is around
Current estimates project that Be Heard will bring in between £3 and £3.3 million of EBITDA this year. If S4 were to pay the same multiple for Be Heard as they did for MediaMonks, the final price would fall around £49.5 million. But S4 had to fight off several competitors in order to get MediaMonks. That caused the selling price to rise higher than it otherwise would have been. If there’s less competition for Be Heard, as their likely will be, then it could end up going for a multiple of 10x EBITDA. This would leave the final sales price closer to £30 million. With Be Heard’s market cap sitting at £11.19 million, now would be the perfect time for S4 to pounce since a £30 million price would equate to a 2.88p per share cost.
To add one more factor into the mix, Sorrell already has ties to Be Heard. One of their major stockholders, Nigel Wray, was the friend who recommended Sorrell establish S4 by taking over Derriston Capital, a company in which Wray was also invested. He’s also involved in Dowgate Capital, S4’s brokerage firm. With all of these connections, it isn’t a stretch to assume that Wray may also be pointing Sorrell in the direction of Be Heard since its business model seems to align so well with S4’s.
Nothing has been announced yet concerning this potential acquisition. But all of the pieces seem to be in place for S4 to acquire Be Heard as Sorrell seeks to re-establish himself as the reigning king of the advertising and PR world.
think sorrell might buy this. let see
Today' RNS:
Be Heard Group plc, the digital marketing group, hereby notifies the market that, on 20 September 2018, Simon Pyper, Chief Executive Officer at the Company, has purchased 3,110,688 shares at 1.2p.
These shares represent Simon Pyper's only holdings in the company.
Not sure this is a big enough fish for S4
Just the change in management is delivering some positivity in the SP
Anybody feel that the changes may have been a requirement of furthering talks with regards to a takeover / purchase by Martin Sorrell's S4 Capital? There have been a couple of very lumpy purchases so somebody knows something or something is brewing :-)
£39.99K buy !
Well it had to come, performance has been dire, Peter lost his mojo I guess. Might see a recovery with a fresh start now, better check the new guys credentials all the same
not exactly chump change - maybe some truth in the rumours about BHRD being a target for Martin Sorrells S4 Capital
i have to say, if there were so few shares available then i don't understand why they managed to peg the share at the same sp once interest was showing... but you may be completely right.
gl.
i'll wait for some news.
gla...
well that's just silly. if you wanted to buy £20k of any 1p stock you'd be quoted a daft price, pretty much.
as it's 1.1p for a half a mill so why state a quote for a gazillion? is that your attempt at a ramp?
final results were back in april so they've had four months to work on those efficiencies... can we expect some news of new accounts then? is that what started the buying this morning?
about due? deliberating whether to risk a punt... considering the price it once was i'd love to say this was oversold and that maybe it's time for a bounce... can't see any reason why this isn't 1p or 1.2p or 1.5...
think i'll wait and see how many more buys there are before eod.
gla... whoever you are!
so far...
But what disappointed the market is the board reported that they now expect adjusted EBITDA for the year ending 31st December 2018 to come in somewhere between £3 and £3.3 million due to margins reflecting the increased costs associated with winning new business, uncertainty around contract timing and client spend volatility. The company has responded to the drop in margins by taking volume related and structural cost measures which will improve margins going forward.
ins why the interest since lunchtime... (sucker for a mystery)
gla... whoever you are
a lot of rounded number buys... anyone know if there's any news in the pipeline?
ta
?
nm
I'm hoping S4 make an approach which will ensure I make a tidy profit hopefully at the right price