Member Info for Mulder

Market is basically assigning very little value to the Studios division even though this is a pure M&A play and universally acknowledged as the 'jewel' in the crown. Previously valued at £3 billion.

WBD was trading at $8 then taken over in a stampede at $30. Market continues to be rogue and rigged as f***.

Https://www.adnews.com.au/news/inside-wpp-media-s-climb-back-to-the-top

3 billion alone.

It's a reverse takeover really.

Net cash on both books is significant.

I remember when the AISC here used to be around $1,650. Much higher production now yes but we did warn Cobus not to let costs get out of control.

Forward P/E <10.

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.reddit.com/r/ValueInvesting/comments/1uk3uzd/verizon_and_att_got_hammered_overreaction_to/&ved=2ahUKEwjJtMqFiLGVAxWeXfEDHaDiPOUQ9-wLKAB6BAh0EAE&sqi=2&usg=AOvVaw0tFEDq9RnRiu3_Btvn9GCU

No profit warning.

They bought someone and their stock slumped.

Stryker were ex dividend today.

Why SN fell is a mystery.

Cevian the activists have a healthy stake here and have been buying regularly.

No profit warning.

They bought someone and their stock slumped.

Stryker were ex dividend today.

Why SN fell is a mystery.

Cevian the activists have a healthy stake here and have been buying regularly.

That's quite a discount to its book price.

Https://www.moreaboutadvertising.com/2026/06/its-wpp-top-again-at-cannes/

2027 EPS is forecast to be 55p according to the Financial Times.

So the forward P/E is 4.5

The forward dividend yield is 7% here, 3x covered.

WTF is the UT doing at 30p when the bid is >31p?

Again. Insane.

Price to sales 0.1x

Ridiculous.

Don't forget sale of Kantar - worth half the current market cap.

If they don't like the company or plan to abandon ship then why take a 19% stake? Surely they did their 'due diligence' before buying such a large position.

May be approaching 100M now?

Market cap just over 200M.

£1 billion net cash soon?

Wow. A >10% drop in <24hrs on the back of no new publicly disclosed news at least.

Short seller driven no doubt.

People should contact the FCA to look into this repeated manipulation - maybe one day they will finally do something?