Member Info for BrokeNSmoke

I don't like the little troll, but its down 7%?

1pencil - maybe but I wouldn't suggest those companies are good investments either. Lets be fair, we have had years of forecasts downgraded part way into the year. After years of missing targets, why do you guys think this is the year that things will magically get better.

Of course they can lower/increase rates to behaviourally guide the economy, but, I am pointing out that the ECB doesn't have the same risks that the BoE are having to contend with.

I've been swamped lately and couldn't watch the AGM, was there anything else interesting?

Anything about succession plans at all or are we still kicking that can?

Its always next year, next half, etc. To quote JCJ 'Jam tomorrow'.

A rate cut would be nice but I don't see it given the rise in CPI lately; the UK is in a very sh*t situation.

I can't say today's news wasn't expected given I've been saying Meta would be building as ai in-house for years now. Interesting whether it will work out for them or if this is them trying to actually find a use for all the billions they have invested into AI, like MS frantically pushing copilot or Google shoving it into search to try to justify the investment. I suppose time will tell on that front.

Regardless it's a new big entrant onto the scene, and it's very unlikely Meta will ever spent with S4 again. The tech spend isn't coming back... I held here on the belief that S4 could pivot to a more diversified client segmentation but personally I have lost faith in the ability to do that. I suspect that in 5 months time the TUs will be stating double digit continued fall and the narrative stating loss of a client and increased competitor pressure. I could be and hope I'm wrong but I have lost faith and will be trache selling.

I wish all the longs here genuine luck that this recovers.

' Why would there be a fire sale when S4 is actually generating positive FCF, debt repayment is not due until August 2028? EURIBOR rates are coming down as the ECB is cutting rates and hence interest payments are falling.'

Agreed - its a sh*t investment, not a distressed company.

Still you have to concede that the lack of buying at this levels is not a great sign.

Ah thank you Auson!

I recall a few additions, was it Pepsi as well? The one which Nige noticed being on the TU but withdrawn from the annual result. That we are getting new contracts is a plus, thought the guidance at results was that we would remain static for the year, which means less client spending or losses from the base. From my perspective, if we do not lose any clients, just less spending from them, it at least gives us a good spring board for when the macro economic winds shift.

I tend to agree, the LSE is not in a good place at the moment, though that doesn't excuse S4s valuation which is very much failure related. I tend to agree with Poker though, the change to US list would come with a cost to the business and a lot of distraction.

1pencil - how so? No experience with golden shares outside of S4 so not an expert but legally his vote is binding is it not?

Sorry guys, I just don't see him selling or agreeing to sell. Plus side - he's old and faltering health, cant hold out forever!

GoCPI- Double Digit revenue loss YoY, after the prior year comparative already being horrific isn’t a concern to you? Publicis reported growth so further decline should be a concern. Note – Mr Trump didn’t announce his lib day tariffs until early April so the tariff macro in these numbers should be minimal. Next Q is likely to be horrific.

JCJ – The only bull case here is as what 1msn says. Lots of revenue for such a low market cap and liquidity seems decent for now despite net debt.

Best course of action is someone buys this up for the client list revenue and the AI tech knowledge, but we know the stubborn old goat wouldn’t sell.

'This company looks like finished which Martin will confirm on his next update on 8th May!'

Back to spouting about bankruptcy BS are we?

Guessing he is just a short looking to influence people as he always rears his little troll head whenever shorts increase and disappears into the ether when shorts decrease.

No reason it should of edged down today but continued to hit new lows and shorts are up slightly, probably more since that wonderful chap LSE2000 is back here.

What's the chances, we have another leak? I've lost count of the number of times earning were leaked.

So glad I invested in S4, never fails to disappoint.

Cheap? Depends upon what sort of world we are going into. I mean advertising isn't going to be subject to tariffs sure, but what of our clients? What is advertising spending going to be like in a (global?) recession? I still have a investment here, but there are much better dividend stocks out there.

I agree with whomever said bottom drawer for now.

Auson - beat me to it.

There's manic depressants with more stable moods than this guy, or you as we all suspect, he's just another bad actor here.

I mean a quick look at flat's messages and its posting negativity on all, so I assume S4 is just in the rotation for today

I assume todays move downwards is mostly due to the entire market taking a nosedive plus maybe some speculation that the tariffs being impose will filter down to a squeeze to advertising? So while I personally like that we are mostly pivoted towards the US market rather than the dumpster fire that is the UK economy, we are not geographically diverse and any big social/political/economic changes in the US will impact us greatly speculatively.

404 - Tbf theres plenty whom post on boards with an agenda for influencing others. Some here are just burned out investors which I can sympathise with, but some are just fear mongering.

Thunder - The share price seems to be in a death spiral, but the company appears to have managed to stop the bleeding as per the TU. Looks like the market is on a correction, plus we had the poor WPP results and our own flat results.

1msn - SAA are actually profitable and growing though.....

JC - Probably worth looking elsewhere mate. No good sitting in a stock you are pessimistic on, no matter how much underwater.

Unless there is a takeover bid or a big client win, this stock isn't going anywhere for the next 12 months given the guidance we had, which seemed to mirror WPP's revenue guidance. I think financial insolvency risk is very low given the positive cash generation even at these trading levels, but, outside of paying off some debt there nothing good to look forward to in 2025 - flat growth and likely more impairment charges.

Smart investors will probably leave this for the next 12 months and only jump back in at rumours of a take over or signs of green shoots. I've never been good at market timing so I will likely hold given that I still think S4 has a lot of potential.

TU: S4 Capital improves its liquidity position.

LSE2000: ' Its going bust!'

Yeah sure buddy, the more times you spam that doesn't make it true. Plenty of reasons why the share price is in the gutter but its not down to financial distress.

Could we have a better class of troll please? One whom taunts us on actual company issues rather than fictious bankruptcy BS?

I agree with the sentiments on LSE2000

That said we said, we all suspect that S4 is leaking TU information considering the perfectly timed selloffs. Poor Q4 results inbound?

Blames the LSE but rules out listing in the US....

Also the LSE is intertwined with the general state of affairs the in the UK. If the Political/Economic situation became more friendly to businesses and investment then we would see more of it and a healthier LSE.