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Not too sure about this sudden surge ...ASC are still making a substantial loss ....waiting for the surge to calm down ...I already hold 2K shares bought in the mid 500's ...might sell out & buy back next week ....LOL...
I will stick my neck out....good chance of returning to 400-450 territory at some point in the year ....GLA
Because they will have a long position too ....these organisations don't lose money ...bet both ways !! Up and Down...GLA ...
@Pearls Wow such a large amount of shares ...I assume you have bought at various times to accumulate that amount ... I thought I was holding a few with 15K Shares but nowhere near your amount ...My average is around 135 now...I am not sure of how the next 12 months will pan out for S4 but even with extreme headwinds am sure its a solid bet ...Not a big fan of greedy sorrell but at least he's willing to have a go ...think his attempt to negate lower ad spend with the big tech giants & social media in general is hopeful to say the least ...the ride is going to be sharp whichever way up or down...GLA
I am on the same page with your forecast ....think ASC will drift downwards for the foreseeable future ...until the economic climate shifts ....Dilution certainly a possibility ....early 23 ...
Yes .. that was my take on it also ...US tech stocks wobble ..not to mention incoming recession ....holding for the gold in S4 sometime in 2024 !!
Could be heading for low teens though .....no confidence in consumer retail atm
I don't think the market trusts Sorrell after the accounting debacle ....but agreed its looking strong for a rebound ...I'm still looking to add if the price drops to my anticipated level ...will give it to Friday ....if no further declines will settle back for the hopefully upward ride in UK Bankrupt !!
I am not sure this will double at present due to incoming recession and total f/ups by current government ...possibly the end of Joules but hope not....
Might be buying earlier than Friday at this rate ...more to drop possibly ??
Looks like I might get my second buy in price by Friday ...Yeh ...
I agree S4 has been shown to be sharp in its accounting practice ....probably getting house in order but Sorrell is known as a greedy MF...am sure price will rapidly fall over the next few weeks ...I did buy some at the lower price previously so my entry point will be 125-130 or there about ....if I miss out I can live with it..
In a nutshell they don't work ...think S4 may well find the market unkind ....UK is Bankrupt ....FT doesn't like "the new era"
I really can't decide with this one at all ...I agree going into a difficult recession could negatively affect S4 amongst many others ...cant see much happening for a year or so...Decision decision ....Hmm
Could be an interesting day tomorrow ...one way or another to quote Blondie !
Next announce paying 20p ...LOL...Its possible ....
One hell of a recession is looming - consumer spending on non essentials will fall away later this year & next ...JD is without doubt a strong company but major global macro winds are beginning to inflate ...
Could very easily revert back to the 1.20-1.50 days ...
Wow that was pretty immediate ...share price could take a heavy battering now ....bit like S4 ...I did well from the F.A. deal & keeping watch over the price ....buying at anything under 90p ...GLA
Agreed .... I think S4 is heading back to under 200 territory ....once recession is officially declared by BOE etc ....LOL