RE: Big buys going through, but not reported?18 Mar 2024 14:47
How many of us thought S4 was undervalued at 150 then 100 then 70 yet the stock keeps going down. It seems the better AI stocks do the worse agencies, particularly S4 does. Maybe the end of an era for agencies. Another observation, having watched the latest Sir Martin's interview in Barcelona, is that he does not talk much about S4 but does keep repeating how the big platforms are getting bigger and absorbing most of the ad revenue. Now bearing in mind that the big platforms are creating software geared to cut the middle man out (S4 and the likes) and Nvidia keeps advancing in chip technology to enable this, the future looks bleak and the share price is telling us that. Personally, I'm far from impressed that Sir Martin is now embarking on another venture (S4 ventures), from an investor perspective, he should be fully concentrating on S4 considering how much this company has fallen.