Member Info for Auson

NigeCo,

Interesting down trend numbers there. I was wondering what caused the jump to 156p recently. I heard through the grapevine there are a number of large pitches at the moment. If and it is an if we win even one that would play quite nicely with the downtrend becoming an uptrend.

NigeCo,

In addition to closed periods where directors can't buy there are also black out periods and other times when directors would be advised not to trade due to insider knowledge of anything, a big pitch for example. That said I am disappointed that someone like Wes didn't buy a few around £1 having sold at £5, perhaps he is just not naturally greedy. I believe Sir Martin is still in a court battle with WPP for his bonus shares award. He has also said he reckons WPP will be broken up and that will release more value for shareholders there.

No update on stock on loan this month I am afraid, but I am fully expecting the selling to dry up this week meaning we will likely end the week north of £1

Good luck all and remember 'its always darkest before the dawn'

Brent setting up for a breakout. If ever there were a weekend when it could happen its this one. I'm seeing $87 next stop

I can feel it brewing, although volume doesn't support it yet.

'We believe that AI will be fundamental to WPP's business and are excited by its transformational potential. '

I also notice WPP debt is now up to £3.5Billion ( thats a lot of interest payments unless they can pay it down quickly ) and profit before tax reduced from H1 2022 £419million to H1 2023 £204million.

Bond-Investments,

No not really, priority on returning to investment grade then divi and or buy backs

I would expect that if BOE raises 0.25% FTSE will rally because its not 0.5%

I notice the net debt of £2.8 Billion includes £1.7Billion of lease liabilities, can anyone expand on this ?

No1plasterer,

They will change it again when it hits 215. Are you still plastering ?

****nal17,

unlikely a dividend either as paying down debt should be a priority no ?

To give more context to ITVs global insignificance Here are the Worldwide net advertising revenues by the top 5 major digital ad selling companies in 2022 ( Only two of those are not SFOR clients )

Google $168.44 billion

Meta $112.68 billion

Alibaba $41.01 billion

Amazon $37.99 billion

ByteDance $29.07 billion

Rock8,

ITV revenue is about £4billion Netflix revenue is circa $32Billion thankfully SFOR has Netflix as a client.

Worldwide ad spend in 2022 just under 23% was television whilst almost 62% was Internet. Stop trying to paint a gloomy picture of digital.

Hi JAdams5000,

Do you know who has been the seller here over the last few days/ weeks ?

Cheers

The stock out on loan here was 5.45% in June 5.12% in May 6.56% in April and 7.03% in March Thats a lot of stock to buy back, most if not all of those borrowed positions will be under water.

MaverickD,

75.2p was a 61.8% Fib retrace from the move up to 80.8p

DavidW2016,

Didn't it open at 77.0p last Friday and close at 77.10p ? Then on Monday hit 78.95p

Lse as in this site have nothing listed next week for SFOR trading update www lse co uk/news/PFC/uk-earnings-trading-statements-calendar-next-7-days-r3jtcd73n273d93.html

Hedge funds managed to reduce stock on loan by 1.63% during the month of June, with quite low volumes, how many will they be able to buy back in July with big volume days like yesterday.

Redwineday, JAdams5000

I won't be able to get an update on loan stock until 1st week in August I'm afraid. Maybe JAdams5000 can tell us who was buying ?

Redwineday,

Its a short squeeze triggered by lower CPI print and anticipation there off yesterday, share price was also rising from low US CPI print last week. House builders up circa 10% today

Market-Dealer,

The spread isn't actually that wide, they will give me 12.95p to sell at the moment and can buy at 13.15.

Although the spread did seem to widen end of last week coinciding with SP rising.

All the best