Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Pokerchips,
I wouldn't read into it too much its just noise. I know from my mates who work at Google selling ads they have been offering discounts to good customers. How do we know the lower ad revenue translates to lower ad numbers and not just better deals on Google advertising ?
Verney,
The problems as I see it with WPP is they have been buying revenue ( and shares with debt ) net debt now £3.5 Billion, was £2.5 Billion at end 2022. So its revenue up, debt up and profit down. Conversely it looks like Publicis are absolutely smashing it with an all time high in the share price to boot.
Verney,
Thanks for posting, can't help noticing AKQA was sold for 2.3 X net revenue, that would value SFOR at £2 Billion minus the net debt figure. I rather liked these quotes from Ajaz ' I now have a duty to Sir Martin' and 'When we're talking with Martin and his team, we're talking entrepreneur to entrepreneur. Because of that we see eye to eye. In other holding companies, they're very much managers. Some of the CEO's are ready to check out, whereas Martin is more driven than he's ever been. We find that motivating. '
Romaron / Stevo12
Doesn't it depend on the company having $600m in tax to pay ( hence the 91% tax allowance )
Stevo12, Do you have Bloomberg terminal perchance, if so any notable selling or change of holdings ?
Cheers
404x,
Using the numbers up to the point where I was able to track total stock on loan and the activity afterwards, I would expect there to be something like 5% short. We only know Marshall Wace and Systematica are 0.49% each. It has been shown on shorttracker they go under then back over 0.5% reporting threshold, which indicated they have not reduced from 0.5 to zero when they show a tiny reduction to 0.49% ( just below reporting threshold. I am also thinking Rathbones might be selling out as they have reduced such a lot in 2023
NigeCo,
It does look a bit like it was taken down for some accumulation, together with the 25,000s we had though out the day. The other possibility is it was a sell ( or short increasing ) but I do wonder if the order book would take 500k at 52.15 ?
Godders99,
You know as well as I do this can move in-excess of 100% per day ! So yes 10p to 20p in one day 10p to 30p or 40p is possible within a week, and that is probably why you haven't sold.
Good luck with your holdings
Caveman70,
Silly sod doesn't realize that a market cap of £236m means you can have fully underwritten rights issue at an acceptable discount to current share price. Rights issue should be unlikely as directors/ founders hold 128million shares here and would not want to be diluted.
Spookytooth,
To be honest I wasn't expecting such a sensible reply. I think your prediction could happen, the market likely to punish the update regardless of how good/ bad it is. I am expecting net debt close to £200m EBITDA circa £100m and a forecast for growth for 2024.
Good luck with your buy in.