Member Info for Mulder

Yes book price is nearer 100p. Cash rich. £104M in the bank. Minimal debt.

16,481.24 +133.31+0.82%

The idea of a big consultancy such as Accenture, PWC or KPMG coming in with a mammoth bid for WPP was entirely plausible. "It is all about getting closer to the end user. And because the agencies are all involved in getting the new product development and strategic placing of the brand, it kind of gets the consultancy in at the very ground floor." https://www.cnbc.com/2018/04/23/wpp-break-up-likely-following-sorrells-departure-says-tilbian.html

The latest YouGov poll for the Times has topline figures of CON 43%(+3), LAB 38%(-2), LDEM 8%(-1). The five point Conservative lead is the largest YouGov have shown since the general election.

Dyson sees a consulting giant such as Accenture swooping in to buy the world�s largest holding company. "Without the ego challenges this type of big deal usually faces, I could see the WPP board being willing to enter into talks," says Dyson. "If that were to happen, Martin�s departure could well have been the catalyst for a new one-stop-shop form of marketing, one that also embraces consulting." Read more at https://www.prweek.com/article/1462624/sell-off-solidification-industry-ponders-wpps-sorrell-less-future#pJLhI6wlVOrh0zQp.99

The company could lose control of its own future, Collingridge warned, asserting that another slip-up could see activist investors dig out their break-up plans again. And there was growing competition from cash-rich oil majors, such as Total and Shell - which now owns the former BG exploration business - who have been testing the waters of the power supply market. Centrica�s shares are at the cheap end of the market, but deservedly so, Collingridge reckons, with the current price possibly tempting a predator, such as an oil major, or a technology giant such as the Japanese SoftBank. https://uk.webfg.com/news/tips-round-up-premium/sunday-share-tips-centrica-duke-royalty--3254804.html

Not many shares are trading at a 25% discount to its book price.

I believe M&A (Accenture) is highly likely here or a break up - despite what the BOD are saying. Truly undervalued currently. New CEO will also see a 5-10% rise.

Takeda market cap $35Bn Shire market cap $49Bn This (reverse) takeover makes no sense and will saddle Takeda with huge debt. notgreedy what do you make of this?

Scottish Power is raising its gas and electricity prices by 5.5% for nearly one million of its customers. The move, which will come into effect on 1 June, will see typical standard dual-fuel bills for direct debt customers rise by �63 a year, to �1,211. Those who pay quarterly will see an average increase of �85. http://www.bbc.co.uk/news/uk-scotland-scotland-business-43838976 ********************************************************************* Not just Centrica then and the scale of the rise is the same at 5.5%. Centrica should not have been the first though.

Bid time looms.

So do you have Level 2 now? Some big trades gone through including 1M shares bought/sold. Can never trust buys and sells data. Delayed trades also. Bid all over the place.

Evening Standard lunchtime report - Shire dives as takeover by Japan's Takeda looks dead in the water

Wouldn't follow this one too closely eish - it'll make you go mad! Very erratic. Open 7.63p this morning. Always a sell off into the close also - ?day traders. This will take time to recover - Elikhulu/August most likely. Possibly earlier - mining charter May/June. Have a look at the chart for Sylvania Platinum - was stuck at 8-9p for months then shot up to 20p. Nothing changed for that rise to happen just the usual MM tricks. You may also want to contact Investor Relations and ask for a call back from Cobus Loots CEO - he rang me from Johannesburg a few weeks back.

is a possibility. Another boost for utilities.

Spiked early doors to 132.7p and then dropped 5% at one point in a flat market - games are continuing with this one/blatant manipulation. Under a month until the final dividend. April 2018 Peel Hunt 16/04 Reiterates Buy 195.00p Numis 12/04 Reiterates Buy 180.00p

You would think a lot more upside than downside at these prices.

?cause

No Level 2 but bid price suggests today may be an up day for once.

I think we are all flummoxed by the current SP. 7p having been steady around 13-15p all year. A seller is still around. Yes EPS for H1 was down a lot but with BTRP, Elikhulu and other catalysts is a 50% drop justified? Or a projected P/E of 4?