Member Info for JBCo

They have told you they have delivered more cost cutting since last reported period end which i take as a big positive as headcount to revenue is the metric to monitor in agencies. They also won the GM account which is set to be one of the biggest for the group so clearly no issues persuading the biggest global names to entrust S4. With eps upgrades set to come from lower rates (thankfully floating rates rather than fixed!!) combined with a p/e forecast below 5x, it's a strong buy here imo

These situations always end up putting in very sharp reversals and look at the S4 chart, it does it repeatedly. Those selling here are clearly exhaustion sellers. RSI is deeply oversold.

Look at the round trades, consistent tiny ones also

I assume larger than normal market size as you should be able to get a normal quotation?

It's hard to see how this is not near the bottom i.e. pointing to more upside than downside

I am guessing the 36p troll on here wants to accumulate here? :)

Well done Serica

C2645sg.

What's your buy in price here or never?

Could also the change in Chief Executive be a reason?

This decline is more to do with a declining cash balance by year end and potentially needing to raise further out? They keep mentioning a "cash runway" year

Added more to our position. Will slice some nearer to 60p (strong view it heads back there in the near term) and leave the rest for what should be an epic recovery in time.

So the cost program is on and the full benefit expected ahead.

- Reduced number of 'Monks' by 12% to 7,550

- Operating expenses of GBP343 million were down 16% on a reported basis and 14% lower like-for-like. This is the result of our action to reduce costs last year and during the first half.

- the repeat message on the call was a second half further supported by cost savings (and they insisted they have taken further actions since the end of the half year which is encouraging, undermined perhaps) and getting staff costs and net revenues into line

The improvement in operational EBITDA margin in Content was up 450 basis points and also in DDM was up 330 basis points, due primarily to cost actions

October, November and December have always been positive months for S4 Capital.

The point being why did it open so high!!

Why did the shares open at 147p?

Better for Rightmore shareholders, certainly those who want one of the best margin plays in the sector globally

Thanks Poker and congratulations on almost hitting 25,000 posts! Often look out for your views.

I'm not convinced that the market has really appreciated the value of the new GM account nor the positive impact on the balance sheet from reducing rates, non reoccurring M&A.