Member Info for Auson

On Stagwell group.

'It is understood that Goodstuff had entered into partnership discussions with a number of digital specialist companies last year, including ForwardPMX which was folded into Assembly by The Stagwell Group in September.

Stephens told The Media Leader that progressive advertisers increasingly want “omnichannel brilliance” from a single agency partner, which is why the likes of WPP, Omnicom and Publicis Group are “reinventing themselves by investing billions into digital data and technology”.

“On the other hand you’ve got the newer breed digitally-focused agency groups, fuelled by private equity money, growing at a rapid rate,” Stephens said. “Which is why we reached the conclusion that to genuinely compete on a level playing field with both networks and specialists, we’d need to enter into a partnership that would build on our existing digital offering but would add comparable scale and depth of resources for our clients.”

“To illustrate the scale point, the likes of Assembly, Croud, Jellyfish and Brainlabs all employ thousands of people and Wavemaker, I had heard, deployed something like 75 people – or 50% of our agency – to design and build their new AI product. For Goodstuff to get to anything like these levels of resource, we needed to face into it and look for the right partner."

Sorry yes 2.8 million shares

I don't think its just that, but they do have to buy 28million shares now or watch their losses continue to rise !

Connor Clark and Lunn declared .05% short on 2 May, high shareprice for the week before was 52.58 low was 48

MaryBr190,

Looks to me like the chart has a gap up to 50p or a gap down to 40p on it but who knows.

Why would you buy in before the 10th ?

Jcj07,

I agree with your points re bad management ( mostly fiscal ) and that some ad agencies are doing well. However surely you agree that clients have been very hesitant ( and tight fisted ) with their budgets. We are by no means in any sort of boom times for ad agencies.

Verney,

On Morningstar we had over 10% held by Third Avenue, on the last Bloomberg I think we also had Franklin Resources with over 11% or 67millions shares which was up 17 million shares from their Q1 2024 and up from 21 million shares in Q2 2023. The Capital group with 5% or so. Looks like the American Funds are buying this up and I suspect they aren't bothered about the shorting.

Redwineday,

They are doing this, admittedly not fast enough but they do have a broad mix of clients ( just heavily tech weighted in terms of percentage of revenue,) wasn't the total number recently around 200 clients ? One of which is the worlds largest advertiser by ad spend. I think Publicis are performing so well over say WPP or IPG, because they are just doing things better not because of the client mix.

Redwineday,

I'm, expecting a bit of a run up to 54-56p areas before results where by we will no doubt open 5% or so down followed by a further rally on 'green shoots' and reduced headcount/ cost base.

AlmaCogan,

You know you can just open a new company name and transfer over easy as that !

On 26th Sept 2023

Electronically filed document for Company Number: 08138246Confirmation Statement I confirm that all information required to be delivered by the company to the registrar in relation to the confirmation period concerned either has been delivered or is being delivered at the same time as the confirmation statement

On Meta results

It was an "excellent" quarter, said analyst Alex King of Cestrian Capital Research (leader of Investing Group Growth Investor Pro), pointing to unlevered pretax free cash flow margins hitting 38%, best since March 2022.

As for the sell-off, "You can pin that on a guide for growth deceleration if you like, or you could conclude, as do we, that the stock has been only-up since the October 2022 lows and is simply letting off a little steam," King said.

Meanwhile Publicis Groupe PUGBY has just hit an all time high of $28.15 giving it a market cap of $27.16Billion.

Yes they have been 'smashing it' with organic growth and margin improvement while SFOR has been struggling and growth has paused. Everyone knows the problems and no one is expecting stellar reporting but this is undervalued and the market sell off has over shot, as usual.

'Hullbist

Posted in: RKH

Posts: 75

Price: 15.76

No Opinion

getting out whilst i still got enough for decent holiday bye25 Nov 2019 21:01

well done you have all finally broke me new to this really but i cant take any more 27k down the drain over approx 6 years cant wait no longer

good luck anyone who stays in'

'Digital publisher LBG Media reported a robust full-year financial performance in its unaudited final results on Thursday, with total group revenue rising 7.5% over the year to £67.5m.

The AIM-traded firm said that growth was propelled by a 5.5% increase in direct revenue to £29.3m in the 12 months ended 31 December, fuelled by heightened activity levels with both new and existing clients, and bolstered relationships with blue-chip advertisers, with 75% of direct revenue stemming from recurring clients.'

1msn,

Start the day off with a grand, nice work if you can get it.

Doesn't it just mean the market makers took the shares you sold to fill an order ?

NigeCo,

I reckon they might be accumulating for someone ! Or at the very least they know of a buyer.

'Do you worry about artificial intelligence? There is some commentary that agencies, like a lot of businesses, are going to struggle because some of their services can be created using AI.

I am very positive and bullish on AI. I think it's going to be a great help for agencies. I believe, of course, that agencies not using AI will be replaced by agencies using AI because it's completely changing the productivity, the efficiencies, the effectiveness [of the work]. I don't see a real threat in terms of losing business because some of our clients would integrate their advertising or communication capabilities [in-house as a result of AI].

I still believe that we are delivering a service of professionals working together that is unique and will be very hard to replicate inside a client or a different kind of organisation. Because it's a combination of strategy and creativity – a mix of left and right brain – and I still believe that agencies are the best places to use AI for the best interest of their clients.

The best analogy that I have found is, like the invention of the camera at the beginning of the 20th century. It hasn't killed all the painters, it has only killed the average painters. Where you are right is I would say for an average agency, not producing great work, it's going to be hard because you can really internalise this kind of work [as a client by using AI in-house].'

'Brian Wieser, an analyst and founder of Madison & Wall, said Havas’ margin was probably affected by the fact it is “small in the US where they would arguably get a bigger margin” and “they operate a legacy creative network” that will “still have infrastructure costs that are high”.

During the wide-ranging interview, Bolloré also discussed how Havas had been the “most acquisitive” agency group, buying into ten agencies, including Uncommon Creative Studio, in 2023'