Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
All very good to win new contracts but are they profitable ones, as they have still made a loss before tax of £(44.1)m vs £(5.7)m last year.
up 7%
We have seen further, very encouraging progress within the Strategic Marketing segment, which remains core to the Group's long-term growth strategy. One of our key priorities was to replace the work lost in the last quarter of the previous financial year, which resulted in a challenging first half for the segment. However, following several significant new client wins and contract renewals during the period, including long-term agreements to be the digital partner of Rockwell Automation, SoftBank and DuPont Pioneer, we are pleased to have delivered a significant improvement in the performance of the segment in the second half of the financial year. As a result of an increase in client demand for more integrated solutions, we have continued to drive our collaboration agenda and to evolve our operating model accordingly. We continue to focus on the disciplines of Digital, Data and Insight, albeit the strict distinctions between these disciplines are becoming less relevant as more integrated solutions are provided to clients. During the year, we announced a number of senior management changes within our Digital and Data businesses. Our three Digital businesses (Amaze, Realise and Branded3) are now under the management responsibility of a single management team, while we have also announced that our Data businesses (Occam, Response One, Bench and Amaze One) will be managed by a single team. These changes will ensure that we offer a coherent proposition combined with the breadth and scale of services to support our clients' expanding digital and data requirements. Over the period, our Data businesses have worked more closely together than ever before, both with each other and also with our Digital businesses, where numerous joint propositions have been developed. We see further opportunities for collaboration between our Digital and Data businesses as data continues to be the driving force behind successful digital marketing and transformation activities. The short-term priority within our Data businesses is to ensure that our offering is fully compliant with and able to benefit from the new General Data Protection Regulation ("GDPR") which will apply from May 2018. Synergies between Solstice, our Chicago-based mobile and emerging technology business, and The App Business ("TAB"), our similar UK business, continue to result in both businesses sharing resources, working practices, growth frameworks and data. The two are working together to develop innovative connected digital experiences using Voice, Virtual Reality and Internet of Things technology for clients. New wins in the financial year have included projects for clients including Bosch and Electrolux. Within our research consultancy, Incite, we have seen further growth of both our UK and US businesses through a significant number of new client wins in the technology, FMCG, finance and pharma sectors, while client spend and sentiment in Asia also improved in
strategic marketing revenue 2016 144.1 mill - 2017 163 mil Synergies between aquisitions, Hive has gained new clients and some decent names. Asia sentiment has improved, the 3 digital businesses are now under 1 team not 3...
the strategic review. no mention of it at all.... there was talk of selling off divisions, etc. I mean what exactly has been found out from their review?!
pretty positive to me. Debt slashed, loads of new clients and pipeline is opening up. DIVI cut, is sensible at this point as cash can be better invested internally. Trading across strategic marketing 'has recovered' this is a company slowly turning a corner. you guys are all so negative. Why do you even hold the stock?
A fudge ..are you serious ? The share price has had a good run and they seem to be turning things around .The main division is growing well and the strategic review was obviously hindered by a few major contract decisions. Sainsbury's lost and 1 more to go. I wasn't expecting much till they both get settled. All in all, headline figures look poor but the future looks quite good for a turnaround and as you say debt is coming down.
Agreed i had expected to see a comprehensive review as part of the results so that in itself is disappointing, the dividend being retained is positive (albeit reduced by 75%) and the reduction in debt are all good, they are projecting a solid first half but we have seen and heard that before. I see a red day here, hope to be wrong.
for the results of the strategic review and find there aren't any?! just 'remains a priority for the board'....?! I was expecting to read about some concrete steps taken, and yet it is all just a fudge? some positives - net debt down by a third - but don't see this rising by much at all today and could well fall actually. other views?
Is this indicative to tomorrow following results...... does market know something good?
I understand the reason for your sell but this has been a painful one to hold over past several months - I am confident of tomorrow and still holding. GLA.
Got slightly nervous about tomorrow so have sold a third of my holding here before tomorrow's Results, just in case. I have a bad feeling for some reason which is hopefully wrong.
Hopefully we will be rewarded on Tuesday with good figures and a decent rise in SP, I have had enough pain the last 7 months
To be (presumably?!) just the seven months to wait for any news on this strategic review .... Honestly, things move glacially at St Ives under Armitage
Thank you now seen the announcement, agree need to wait for the strategic review
Obviously insiders knew this rns was coming. Its come off from 83p in a few days.Reality this sbry contract loss was expected by brokers so no huge move down. The most important division is trading better than expected so its looking rosy . Important for me is the strategic review and if the market takes that well, we could rest highs shortly in early October hopefully.
Check RNS bought more on dip
Any idea what caused the sudden drop which has now almost corrected itself, there was little activity to that point and no news
Should bounce around here tbh or rising trendline approaching added a bit today.
Since last Friday's close. Doesn't show any sign of stopping as yet . Feels like déjà vu . Close at 67/68 I expect today
this feels more like St Ives
Left manufactured drops behind, but clearly not. Down 8% on no news and relatively little volume
I'm with you on this, think this could happen quite quickly & possibly beyond
is going to do very well IMO looking for 140 ish. board sounding confident atm
Some decent buys today, I see one for over 200k shares