Member Info for NigeCo

Https://www.proactiveinvestors.com/companies/news/1093436/s4-capital-backs-outlook-despite-increasingly-challenging-ad-market-1093436.html

"I suppose my point is even more fundamental and that is that the S4 SP should've never gone into the teens, ever. You're talking about circa 40% FCF yield at that level and that's outrageous."

Indeed RunS4, the LSE priced S4 Capital to fail @16p. You write off SMS at your peril.

Baron Investments

"Thrilled to see S4 Capital #SFOR stating we “expect to be close to net debt free next year, which will provide even more significant capital allocation opportunities”. That’s a major readjustment from recent years where net debt was c£.200m and more-so given the payouts received already and anticipated ahead"

https://x.com/baroninvestment

"There seems to be underlying support that won't let S4 get much above a 5.5% yield - i.e. not let it go down much!!"

Agreed RunS4, a smart move by management to let the market know well in advance regarding doubling of the dividend Sir Martin is limiting the share price downside IMO

"the likes of Glowacki from planet Glow, or no clue lse2000, or MildLaddie -- they look to get people panicky and try to get their trading profits."

You missed off GRaff with "Time to lock in those profits and get out." share price prediction of 18p. Lol. That ship has sailed.

Once Net Debt free by year end 2027, we can then look forward to large share buybacks.

Just waiting on revenue to return to growth, latest analyst forecasts for revenue growth is 2027, then we are off to the races.

"management expect to be debt free next year"

Just to correct what I said earlier above, what I meant to say was Net Debt free by next year, not debt free. S4 will probably not get down to debt free, they will target share buybacks, once net debt free.

Glowacki, I would have to disagree,

I find the update very reassuring indeed, management expect to be debt free next year, along with increasing the dividend. Management clearly have finances under control now, with confidence shown with a doubling of the dividend. From where we've been in the not too distant past, to today, it's night and day. Happy to hold/add, a re-rating is long over due, even though the share price has doubled this year. A further doubling of the share price would bring S4 up to what I would call fair value. IMHO.

I stand corrected, indeed it does look like the ex dividend date is 4 June. It's strange that the company goes ex dividend before they've actually approved the 1.1p dividend.

RWD,

I think that you may have got your ex dividend date wrong mate. The dividend of 1.1p has to be approved first at tomorrows 4 June AGM. Ex dividend date is 5 June, payment date 10 July.

Here we go.....44.80 +1.95 4.55%

You're most welcome Toby. I concur with your comments.

S4 is in safe hands with SMS, only negative is SMS age is against him. He's still mentally strong.

Why Sir Martin Sorrell Thinks the World Is Wrong About Advertising Agency Business | BMI Unscripted

https://www.youtube.com/watch?v=lHbxWUFSNAo

GRaff, you do make me laugh with your 4 comments in 20 days, all negative in a share that you don't hold. With your pie in the sky share price predictions of 18p. You've missed that boat pal.

For every seller there is a buyer. You also failed to mention that Aberforth Partners, purchasing 33.7m 5% of S4 Capital. Keep banging the same drum, the share price isn't listening. Anyone seen lse2000 with his 6p price target? Last seen doing the walk of shame. Lol

I should also have point out that the dates of the holding on the Bloomberg was 18/2/2026. Apart from the Aberforth holdings that was dated 24/4/2026.

Going by the Bloomberg screenshot that I posted dated 1 May 2026 (link below) Patient Capital was the largest sellers, reducing by 7.3m shares. The largest buyers was Aberforth Partners, purchasing 33.7m 5% of S4 Capital, to make them the 6th largest holders. Also, River Global purchasing 10.4m shares.

https://postimg.cc/hJZpx1J8

I never thought that I would see the day when a company could IPO and be valued at one trillion dollars. Crazy times.

"Anyway, SMS knows this better than me so I'm still here as I believe he will find a way to get there, then sell out at a premium!"

My thoughts exactly RWD. I don't think that SMS would entertain a takeover for a valuation of less than £1bn. I don't see anyone willing to pay such a large premium at this stage. I think that a deal maywell be in the pipeline but could be two years away, when the company is performing at a higher valuation. I trust in the management, after all that is the main reason I invested here.

CrudeTrader, just in case you missed it....

Sorrell... "its a good business, its a good agent, you've got very strong tech capabilities, very deep capabilities, tech capabilities that go well beyond anything I've seen elsewhere, including companies like Accenture, so very strong. We are in a very good position."

Just a reminder of what Sir Martin Sorrell said in an interview regarding S4 Capital.

Sorrell... "its a good business, its a good agent, you've got very strong tech capabilities, very deep capabilities, tech capabilities that go well beyond anything I've seen elsewhere, including companies like Accenture, so very strong. We are in a very good position."

Try this link below, gets us behind the paywall.

https://archive.is/fFS6B