The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
In the last 10 years, I have been working in the digital media industry. I also worked at WPP-owned MediaCom for about two years. WPP acquired many "jack of all trades" media agencies - they overlapped each other. Although WPP became the biggest media company in the world, it had overlapping issues between its own agencies. Its agencies were fighting to get its own clients.
I believe Sorrell understood the issue when starting S4 Capital and he is only acquiring specialist agencies from different sections of the media industry.
I am holding it for a long term gain. Fingers crossed!
I agree. Once the lockdown is over, and people can't travel, people will spend money on the high street.
Got mine today. Using IG.
Payday is just three days away. Was there any news on dividend?
Dividend is too unsustainable right now. I don't think it can continue. I also think that the fear factor is already factored in the sp. There won't be bigger drop even they cut the dividend. Coronavirus is now begged fear than reduced dividend.
https://www.lse.co.uk/rns/RMG/nine-month-2019-20-trading-update-b8kae3jfup6tghp.html
I think also think the scare is not over yet. SSE is up today and the whole world just responded to it. That's all.
One day it makes me a rich, next day a poor!
Food and clothing sale are up. That's very positive
Argos suffered. I guess it's negative because of the political unrest. Should go up later today or tomorrow.
Metro is one of the banks vowed to take action against fraud:
This loophole would be closed if banks made sure that money would only be transferred when the payee’s name matches the name the receiving bank has for the sort code and account number. Banks that have signed up to the code have promised to address this by March 31. They include Barclays, HSBC, Lloyds Banking Group (including Lloyds Bank, Halifax and Bank of Scotland), Metro Bank, Nationwide, RBS, Santander and Starling Bank.
This is why everyone should grab more shares as much as possible. Sorrell is highly confident about S4 - no matter whats your personal view about him, he didn't fail in the past. It seems like he won't fail this time either.
Boris has ruled out no-deal Brexit... I can't see it going down to £2. gla.