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GoCPI
Personally, I think the narrative of greenshoots and sector recession is totally misplaced. We only have to look at several other ad companies and indeed the big players. There is no recessionary sector going on here any more. The dogs are lagging because they are badly managed companies and the paradigm in the advertising world has changed
Https://youtube.com/shorts/qdPXzqyu1ac?si=7qS4N5B_ATkfu_hL
I think there is a lot of truth in the video (link above)
"Publicis posts 5.3% revenue growth in Q1, beats expectations"
https://uk.investing.com/news/stock-market-news/publicis-posts-53-revenue-growth-in-q1-beats-expectations-3428410
GoCpi
I actually added despite being negative, you make some good points and I hope the tide has finally turned.
My breakeven is 111 now so I'm not 100% confident I'll ever see my money back, having said that, tonight I'm celebrating. A much needed respite to those like myself who started buying in the 150 mark.
Thanks for your comment & happy Easter
Bridgedogg
That's absolutely spot on, however, I think the issues are deeper. The big platforms have created software which enables small and medium companies to go solo and done in house, the chip manufacturers are also creating the hardware to compliment that so I'm not even sure ad agencies are going to survive.
Think of Blockbusters or Lovefilm when streaming became a possibility. We might just be on a similar parallel