Member Info for Barnyrubble

Even on heavy sell days this is now holding, expect a climb above 40 near term. Basket price , SMS not getting any younger and competitor's will know that and be watching. Second big plus for me is A1 , it is here to stay and S4 appear to be doing rather well on this front.

Bar has been set very low , if guidance held or even dare we dream upgraded this will fly. The isssue is holding guidance to a large extent on job cuts and cost savings. Fingers and toes crossed . Personally I think we might just surprise the market similarly to WPP . Hopefully some more A1 wins.

For everyone unsure about allowances I found this Bloomberg article just posted very good. https://www.bnnbloomberg.ca/investing/2024/10/30/uk-goes-no-further-in-raising-north-sea-tax-amid-industry-outcry/

Reason for jump , However, she also said she would maintain 100 per cent first year capital spending investment allowances, as well as decarbonisation allowances, and did not announce further changes.

Reason for jump , However, she also said she would maintain 100 per cent first year capital spending investment allowances, as well as decarbonisation allowances, and did not announce further changes.

Fully agree the lower this trends the more likely a bid will come in AGAIN and SMS ain’t getting any younger. I will be flabbergasted if S4 is not swallowed up near term. Doing well with A1 and this won’t have gone un noticed

Expectations that UK interest rates will be cut in November have risen after wage growth slowed to its lowest pace for more than two years.

Pay grew at 4.9% between June and August, official statistics show, down from 5.1% previously.

The figures have added to widespread expectations that UK interest rates could be cut to 4.75% when the Bank of England meets next month.

At current levels I feel this is a solid punt. Few things , they seem to be running and pushing A1 nicely which is starting to pay off , always got to think that someone is eyeing this up at this crazy price PE under 7 ( personally I think this is very likely MS not getting any younger) , lastly general macro conditions rates cuts on horizon.

Fully agree and keeps me holding , an offer will come I am sure

Yesterday’s result was mostly priced in after the steady decline over the last few weeks. Next update in November has to be more positive. Upwards from here

Getting taken out is Clearly our best near term hope , keeping the faith is hard … poor update

Magna: US ad spending rebound gathers force beyond cyclical events

The Olympics and an election cycle were expected to provide a bump, but the industry has proven resilient elsewhere as well.

Let’s hope this is the case and we see a bounce.

I think the share price knock down in the last couple of weeks is linked partially to the poor numbers and outlook posted by WPP. Only for the fact they sold a share in a PR firm for a tidy sum stopped the share price tanking. Personally I think we will hold guidance and hopefully there are a few green shoots of recovery in the update.

Positive write up in city am , check it out. Well received and at the bottom it references fears of a guidance cut weighing on share price , no guidance cut and continued stabilisation. Got to head north now

Numbers are odd but key words are in there continued stabilisation of the UK market. I am happy with that as I feared worse. Let’s see what happens at opening

Very clear and positive update , UK market continues to improve and all positive especially from across the pond. Really pleased we are on track with no wobbles

The broker has switched its valuation methodology from P&L to free cash flow-based tools, consistent with treatment of peers like Rolls Royce Holdings.

UBS said it had constructed an engine by engine net present value model for each engine in Melrose's portfolio to derive a fair value estimate.

This yielded a GBP2.8 billion fair value for the current portfolio against management's estimate of GBP5.7 billion and an implied market valuation of GBP3.9 billion, UBS said.

Long term this will bounce back

Cautiously optimistic was the last update let’s hope the US momentum continues. Only niggle I have is this increase in short position since last update . Genuinely feel the US market is the golden goose . Let’s hope for a positive update

Fully agree , sub 7 is a basket price for a quality outfit. I expect a bounce north of 8 very soon.

Solid results , capital allocation is the big thing , I guess a few in the markets were hoping for a big buy back or divi rise . Personally for me today’s pull back / fall makes this dirt cheap and a massive buy