Member Info for NigeCo

Someone just picked up 500k after the close.

Another disappointing day, closing down 5.17% on low volume and no company news.

A large trade of 233,559 reported as a buy @50.00p in another low volume day.

Https://www.cnbc.com/2024/04/27/digital-ad-market-on-mend-as-meta-alphabet-snap-show-faster-growth-.html

S4Capital plc (SFOR.L), the tech-led, new-age/new-era digital advertising, marketing, and technology services company, will announce its Q1 trading update on Friday 10th May.

BielsaBall2021.... "With a bid of close to $700m 96p per share already dismissed, next offer I expect would be in the region of 150p.

BielsaBall, it was claimed in the Wall Street Journal dated 22 March 2024 that New York private-equity firm New Mountain Capital have already held exploratory talks with S4 last year about a possible acquisition. So I don't doubt with a very weak share price that there will be interest in S4 Capital. Although, I would have to agree with Rock, Sorrell holds a B share (golden share) so he holds all the S4 cards, or as Sorrell put it, "we are in charge of our own destiny."

Time will tell if you are proved right and we do receive a bid, I hope that Sorrell has the good grace to inform us disappointed shareholders of any such offers, unlike previously. Maybe this would help increase the struggling share price.

I enclose below the WSJ article.

https://archive.is/xIgUA

Good morning Rock,

Yes good numbers by alphabet. I also was expecting a bounce in S4 share price.

No idea why mate.

Yes, nice to see.

GoCPI, I totally agree, S4 should be trading in the USA, (Nasdaq). I don't think that Sorrell would want to do this until S4 Capital is making a profit, sadly that could be 2 years away. Will S4 Capital be taken out before this time period? Who knows, I can certainly see someone testing the waters again, with S4 having already turned down one offer of 96p. The reason for the recent 65% share price bounce. With no follow through increased offer, we may be at the hands of day traders/gamblers until the add market improves, hopefully in the second half of this year.

I find it quite remarkable/disheartening that here we are again being played by the market, closing down 8.99% @51.10p on the day, after hitting the days high of 57.5p @08.10am, a 11.1% swing with no S4 company news reported. Where next? Back to year lows of 36p? Nothing would surprise me with this market anymore, nothing.

Is there any wonder investors and companies are moving away from the London Stock Exchange?

Robjd.... "I hear Wesley Der ter and Victor Knapp , two original MMonks founder's are no longer on the board"

Yes we all read this in the Full Year results below.

"Following last year's Board effectiveness review, the Board decided to develop a more traditional, streamlined Board structure, where Directors are primarily non-executive. As a result, Christopher S. Martin, Victor Knaap, Wes ter Haar and Scott Spirit have all agreed to retire from the Board at the conclusion of the next annual general meeting. Each of the retiring executive directors will retain their current roles within the Company and, as now, their involvement in the Executive Committee, where they will be joined by Jean-Benoit Berty. Finally, Wes ter Haar will become a Board Observer, as an example of our founder/management ownership approach and to support input into our strategy, such as the focus on AI.."

Yes it looks like shorters have moved on, also buying volume has dried up, although I did spot this reported as a large buy trade after the market had closed yesterday for 498,551 shares. I think that we are probably going to have to wait for Q1 results next month for any movement in the share price.

Q1 results around 10th May.

With such large spreads involved at most times with this share, one minute we can be up 1%, the next minute down over 1% just on a buy & sell trade.

Alphawave share price down 29% today.

Https://www.adnews.com.au/news/media-monks-redundancies-in-australia

Over the past 5 days we've had Citi broker with a price target of 230p and today Barclays with a 550p price target. Shame that the markets not listening, for now at least.

Thanks 1msn.

Nice one 1msn, do you have L2 trading? If so does it tell you the order book?

Bid price 55.40p Ask price 57.75p..... 2.35p 4.15% spread. Ridiculous.

A 9% swing in the share price today without any bad news reported, a large spread of 1.35p with regards bid and offer price, I find this quite ridiculous for a penny share price.