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Https://www.storyboard18.com/digital/the-next-era-belongs-to-ai-sir-martin-sorrell-predicts-algorithmic-media-buying-and-flattened-organizations-79473.htm

They signal they are going to cut... this will help S4 a lot

Yep,,, no profit warning so all on track...

You are correct the holding company S4 capital holds a 50 % interest in all S4 ventures

The accounts state 296,860,000 was paid in dividends. 2021.. Not sure how that can be, also 112,814,000 paid in 2020

Https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/hN_xm70_fNgYm5302xgj6rKpn-gxsWPSh9CAPUECj7U/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3LSJLJLYO%2F20250817%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20250817T062021Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEDoaCWV1LXdlc3QtMiJHMEUCIQCR3H%2F8wcaHB6Vc16GFysnqD4%2FyEQDKtOntiHFsGTduGwIgL24YGa3sAzA4Lag1taFlZCzfpaS0ue0j4z3fOilISzsqxAUIg%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARAFGgw0NDkyMjkwMzI4MjIiDCdt86Pj7ZChArhF3iqYBVaWJeh%2Bqz7l29KIs7Th1GkHj6YIa0W9xnmwDxqjd9tHYjUXq1t8lj6RIAsvCXZ5xq%2BVNe7bbb2aFvgPh3Qphdjh7iuoq7KLzlX2NDJHSJAeoKwM3%2FXsa9F3Mbx8xC39WBOdpmfquwIwnkXDqK7gZxYP%2BoticKp8zvs%2FI%2BY3rmYoyGmVm0ZoBIGnZhYp939Uje0t32CbGF3U%2FOzRfr%2FxYjkL%2FXQj5KCdkJz7WXsr%2FpoSgglADpNIiQMg8Had6VGl6kORYbnJeYt3%2Bt%2BfEs1c7EtbOr4Eo49L5TgbhjbrX4oOtOaynw0Tgl7sMX%2Fph%2FL6mb4J6sSH2nwu37QytJS065zkxMhRitXg%2Fog778n%2BIA9hTlDRP7Gmo98wGE4At4KclhZ2PGlFJHvSkjUR6SzNbWVUUY2jviZrvlaJyX7gqa5OTY%2F%2F5e5AwhbSiQY2UqDGrXSsnkxzMrBxGsKNAoWxa3CZq0FMyfRrkJ46ytklVSZqkP2QZkNrQ4LREfviBYGJEc08Az79hqeuLXuwPALLjVjKq5oQiTejGQYzIjOnI93kL6qfSdIGFO%2FrCuzOLUeK5T%2FIKkwlKnwC1rc0n7LIirCEo7P9g1UmQu4D4glVZfxYqK%2B32V40LepRZdNhhdauSnE%2Bc005V66UVTeUBjcfoE5W9IuaMF4O3%2Bb%2BotS0pI9pAaQNPaPmotpun4Faxi9PJYvkOYxDsYYuJHoKFVKefjJ%2BEpaZsJJEABAAQ3PwArS3sfL9OHjnhFJ0yJGTXw8n1iyaF9mhMDsfsz%2FbHgb6TUmys49b%2BnGMs5S7ORoBy%2FfBDfhvOYI3KW8zHNclDubammvXNFWsPV50jb18R4zpzQnNW79E1ssYcaAD2VOtwAf8maanDEvTX%2F8w%2B%2BiExQY6sQHbnGSKKT2Gx%2By7TvrnIEVFdnhe9dwDQ%2FnaEQn0aDIeKYIC1K9GiFfe6R862LaJm6Tn4FwyapG1anc0SPvN5FR21ZQh3kKe0xa7rdT7qJCRazVVPTjxNufU33D9x1b38pw3h%2Fq1ARhwzYRF0KAd1byA0EQ9rBlLUjkpBcFe48c3NOkKjC5aui8C00xK4%2F4dt8CDdrymUpwLGK5j1tQs0oguSijVXCjOLlLVttiIYxrhXn0%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=4e984de1ccb8fbda6391cd65f519913f19eaea813258522d72bc332949f3c070

I think the question that should be asked at the AGM.. what benefit dies S4 capital get from supporting S4 ventures.. is it money ? is it client ? that is the question.. they use our resources so what do we get back..

On 3 April 2025, Runway raised $308 million in a funding round led by General Atlantic, valuing it at over $3 billion.

22 goes then 263 next stop

Seems a sensible approach

We are in play now... been a waiting game... hold on to your golden tickets... they come around very rarely.. 3 million to go

My view, getting the ducks in order for the takeover from Ellis... The share price will double by year end and he has done his service with 21 years building the company.

This is great new if it comes off... very clever for both parties.. 250 more clients and can compete with the big players...fingers crossed..

Https://finimize.com/content/us-private-equity-circles-s4-capital-for-a-possible-merger

Could see this opening at 45 tomorrow

We were at 27 2 weeks ago.... as I said the golden tickets.... see you all at 1.40

Https://www.ajbell.co.uk/news/articles/press-s4-capital-receives-merger-approaches-sky-news

Havas margins are 10.7

Another point to make is our largest shareholders have an average many multiples away from the share price... From memory Third Asset is around 2 pounds.. Listing price.. 2019 around 1.40.. rights issue was 3.10... merger partners are around 4.50 so for anyone to think this is going to be sold for less than a pound is living in a different world...

Where are you now.. what a P…k..