RE: S4 Capital Valuation- FINALS News due Soon.9 Feb 2023 15:42
Post y Pearls on November 14
"Chairman Martin Sorrell said: "Despite the current macropolitical and economic gloom and slowing tech growth, our top-line momentum has been more than maintained in the third quarter and remains relatively strong into the fourth quarter.
"Given the reduction in global GDP growth rate forecasts for 2022 and 2023 and the likelihood of recession in some parts of the world, clients will be moving 'down the funnel', as we say, prioritising performance and activation, measurement of marketing return on investment and media mix modelling, which plays to our strengths. We believe this changing market environment will continue to offer significant growth opportunities given our client profile, relative size and disruptive model."
Just shows you how ahead of the curve SMS was earlier in the year. Actually, this became an enormous buying opportunity for us. It also demonstrates how the META / Google etc experiences across the pond are having no affect on SFOR, yet the shares were being knocked lower with each US downgrade. That, in hindsight, was the completely wrong approach. I see these shares now beginning to appreciate substantially. £3 before year end is certainly a distinct likelihood now.