Member Info for bransonbull

- Much of Kantar was put up for sale in March 25 by both the 60% owners and WPP as 40% owners. Shorts could get a shock if sale value (which includes Kantar Worldview which is highly valuable) exceeds expectations.

- Mastercard, Suncorp Oz and now Maersk wins

Https://marketech-apac.com/maersk-appoints-wpp-media-as-global-marketing-partner-across-130-countries/

- Results will be bad due to timelag in turning things around and new wins filtering through to replace revenue due to client losses, esp. in US.

Well, we are not going to give investment advice. However, wpp is at a 16 year low and we still own 40% of Kantar which if sold would considerably cut debt. Dyor. There are no guarantees but Cindy is a good CEO pick IMOV.

WPP Media has won the Suncorp media account, developing a new bespoke agency model called Open Era to service the insurer’s broad portfolio of brands.

The appointment is effective March 1 and follows a competitive pitch process.

Maria Grivas will lead the account, tasked with bringing together strategists, technologists and client leads from across WPP Media to support Suncorp’s group of brands, which includes AAMI, Apia, Bingle, CIL Insurance, GIO, Essentials by AAI, Shannons, Suncorp Insurance and Terri Scheer.

Suncorp’s executive general manager, brand and customer experience, Mim Haysom, said the group was looking forward to working with WPP Media and thanked incumbent agency, OMD.

“We are excited to be working with WPP Media to collaborate on industry-leading marketing and media solutions across our diverse portfolio," Haysom said.

"It brings future-fit technology for the changing media landscape, strong data ecosystem, and a passionate and experienced team to help us best serve our customers.

“I would like to thank OMD for their continued partnership, professionalism and support, over many years, that delivered award-winning campaigns and business results.”

A great win by WPP Oz with Suncorp who changed accounts to WPP attracted by WPP Open. Worth 140m AUD. Https://www.bandt.com.au/exclusive-suncorp-moves-140m-media-account-to-wpp-media-open-era-agency-model/

I don't often post on LSE. DEC is poised for a major recovery...sky-high dividends by US standards (yes even with a 2/3rds cut), advantageous hedging, strong ESG performance, and JUpiter taking 5% is going to create a short squeeze. The shorters will rue day they listened to Snowcap Research.

They bought 5.5% ...announced today but they crossed 5% by 31st December. Cat pigeons snowcap shafted etc.

Fact they can make BBs and continue to pay huge dividends cannot go unnoticed by US investors...despite slow start volume-wise.

Gosh closed about 2 pounds above the UK sp. Seems like the Americans shrugged this off. Given a 17 usd finish, wouldn't surprise me if US investors pish this to 20 Usd soon.

We knew about the awards already but isn't the interview with the CEO evidence that IR passes on shareholder concerns to the management team and this interview is part of the fightback? 13 BN EUR FWC, 2 bn EUR individual wind contracts (of which 1bn to PFC), Algeria 1 bn USD to PFC and ADNOC 1.3 bn USD. They dont even mention smaller projects such as in Lithuania (ORLAN project worth a few hundred m USD. Lack of news doesn't equate to lack of progress.

The % of PFC's TO coming from renewables is quite similar to WG's given the 2bn EUR wind project and given future contracts of similar size ought to increase further over time.

Wood Group results look excellent in their TU today. Readacross to PFC obviously and would expect a modest 10-100% rise today LOL

Tony99999's posts from March 23 just before the largest contract in PFC's history was announced. Sound familiar?

Posted in: PFC

RE: Petrofac Investor Relations23 Mar 2023 12:19

No equity or debt raise will be viable, both current and realistic forecast valuation is horribly negative. Cash burn is appalling. Management has no plan and no clue. Get out while you can.

tony99999

Price: 58.70

RE: New Short22 Mar 2023 09:28

All it needs is at least one contract RNS and it’ll fly right back to £2, possibly £3. New CEO is amazing. Lots of pent up demand for oil services. Not even mentioning renewables!

Tony. You obv haven't read about the 13bn FWC with TenneT, 2bn first contract and 2bn second contract on the way...the 600 m ADNOC gas contract etc., or the 94% increase in group backlog. No wonder they are hiring.

There was sbdy on here who after the Panorama programme claimed Mahmoud's boom time comment meant he was buying. Except we've already recently had a forecast from BOO sales will decline 17% and from ASOS by 5-15%...I'm long given MA interest but sales growth expectations should be tempered with what the firm itself told us only a few weeks ago!

I note Astaris' short jumped...by 0.22%. They also artificially pushed the SP down in March 23....when they increased to a similar %. However, they got badly whipped as after a period of radio silence from PFC, the firm announced they had won the largest series of contracts in their history, part of a FWC worth 13 bn with a 2 bn contract upfront with 1bn to Hitachi, 1bn to PFC and a further similar sized contract expected late 23/ early 24. They closed their short rapidly at a significant loss, as per data below.

Astaris Capital Management LLP 0.55% 31 Mar 2023

Qube Research & Technologies Limited 0.51% 31 Mar 2023

Kite Lake Capital Management (UK) LLP 0.38% 30 Mar 2023

Systematica Investments Limited 0.77% 30 Mar 2023

Astaris Capital Management LLP 1.26% 29 Mar 2023

Astaris Capital Management LLP 1.31% 27 Mar 2023

Astaris Capital Management LLP 1.27% 24 Mar 2023

At least we are now FCF positive and also beauty has turned to growth

Disaster - he is down Camden market selling advent calendars again...

MM hinted at good news within a few weeks in results Q&A. Protein internationally recognised brand.

Ian McDonald, the sycophant on MM's LI posts, said sthng a few mths ago that hinted at a US listing. We all thought it was for Ingenuity, maybe it's for nutrition?

Pp1. I rarely post on LSE these days. I have a suspicion you are the bloke on ADVFN with 20 aliases that votes himself up.

The word delusional keeps being thrown around (by you towards longs). The irony when you claimed your stake in BOO would be worth £100m.... given macro risks plus fast fashion regulatory concerns, BOO faces challenges..it's therefore about risk-reward. It could continue struggling like every other online retailer....but equally the market always over-shoots in both directions .

1) When this public spat dies down, either BOO will get all of REVB OR they will let the current management get on with it. Either way their 26% is worth a lot more than before.

2) the BOOHOO SP typically dips in the summer period and ASOS has dragged it down...given BOOHOO's results were much better than ASOS', this ought to rerate.

3) US distribution centre opening can't be far off...

4) margin improvements well publicised.

5) keep up the posts Okey...read your incisive thoughts.