The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Still on the cards as part of the new company Global Fintech Holdings but nothing is for certain with BNN/GFH
oops you could be correct, I may have jumped the gun.
Nice early income kerching, kerching.
Recommended
* Online advertising exploits humanity’s malleable tastes
Publicis, the world’s third-biggest advertising group by revenues, this year paid $4.4bn for digital marketing agency Epsilon. WPP, on the other hand, has gone in the opposite direction, putting its data centre Kantar up for sale.
“Our view is that the best way to unlock the value of Kantar is to work on it with a financial partner,” said Mark Read, WPP chief executive. “If we proceed with the plan [to sell Kantar] we can still work with it to target messages and measure results.”
“We clearly have our challenges,” he said, but added he was proud of the company’s creative work, which he said had attracted fast-growing companies such as Google, now WPP’s third-biggest client.
Interesting article I’ve copied from the ft, re the likely future direction of travel for advertisers:-
Procter & Gamble, one of the world’s biggest advertising spenders, plans to shift more of its shrinking marketing budget away from big ad agencies and towards new players, the latest ominous sign for companies such as Publicis, WPP and Dentsu Aegis Network.
“We have reduced spending by close to $1bn in fees and production over the past four years and reinvested it in other creative partnerships,” Marc Pritchard, P&G’s chief brand officer, told the Financial Times.
The company said last year it would save $2bn by 2021, meaning there is more pain to come for big agencies already reeling from the rising dominance of Google and Facebook in the era of digital advertising.
Mr Pritchard, who last year vowed to “take back control” of P&G’s brands, said the proliferating use of ad blockers was forcing big companies to experiment more, trying to create ads that “people actually want to watch”.
Among the company’s new partners announced at this week’s Cannes Lions advertising festival was Ariana Huffington’s new behavioural health venture Thrive Global, which hopes internet-connected versions of some of P&G’s best known products — for instance Oral-B toothbrushes — can serve as “wellness boosters”.
Ad agencies have been shedding business from the automotive, pharmaceutical and consumer goods companies that have traditionally formed the backbone of their clientele. Huge sums are at stake — P&G alone spent $7.1bn on marketing last year.
Tim Andree, chief executive and chairman of Dentsu Aegis, said the agencies’ traditional clients were “not going to spend the way they have always spent”. The company, formed in 2012 by the £3bn acquisition of Aegis by Japanese communications group Dentsu, would instead focus on bigger opportunities in helping companies make sense of their own data, identify potential customers and target them better with tailored advertising, Mr Andree added.
Martin Sorrell, who founded S4 Capital following his departure from WPP last year after three decades in charge, has criticised the business models of his former company and its largest peers, saying they are too big to adapt to the new world of advertising dominated by data.
S4 has grown rapidly, acquiring a digital production company and a specialist in programmatic advertising, which involves the use of automation to buy and sell digital advertising space. Mr Sorrell said this year the approach was “resonating with clients” increasingly frustrated over limited access to consumer data when dealing directly with Google and Facebook.
Recommended
* Online advertising exploits humanity’s malleable tastes
Publicis, the world’s third-biggest advertising group by revenues, this year paid $4.4bn for digital marketing agency Epsilon. WPP, on the other hand, has gone in the opposite direction, putting its data centre Kantar up for sale.
“Our view is that the best way to un
I wouldn't be too upset to see it drop to 25p that would force me to get more.
Correct Linkedin, apologies, got over excited.
James Draper
James Draper
• 3rd+
Founder and CEO at Bidstack Group PLC
16m
After some of the most incredible days of my time at Bidstack Group PLC at E3, I look forward to sharing more on the outcomes soon. Fair to say after 50+ meetings it was quite intense. But, for anyone into high fidelity gaming, it’s an absolute must-attend if you get the chance. Now off to Cannes Lion. Looking forward to another busy week. #e3 #bids
popped up early, if it's true news from e3 perhaps.
It’s not going to work for all games, there are plenty out there it will work for. As we go forward designers will be mindful of the potential for cash generation when designing the games.
Just filtered "the dick" and immediately got that joyful feeling you get when squashing that mossie that won't leave you alone.
Not sure how that works in the short term if repeated selling/shorting is in play but it will come I have no doubt.
"Why would you deramp 50 times a day for weeks on end if you owned the stock"
Because this is the only place he has interaction with humans, ignore him.
I read that as Que replying to nipple infector, unable to understand his logic.
37.5
I wasn't referring to you it was meant for 123 Gold, aplogies.
Don't let him suck you in, it will just feed the boring diatribe.
Oh no I’d better sell everything quick
I had 25/26p as my happy target for this week, scary.GLA
All my top ups are now in profit bar one at 20.75, hoping to see that surpassed today or at least next week.GLA