Member Info for NigeCo

Total volume yesterday was 9,872,579.......... Today in first 31 minutes 1,536,585.

LONDON, March 27 (Reuters) - S4 Capital had received no credible takeover approach, Executive Chairman Martin Sorrell said when asked about a recent Wall Street Journal report saying he had turned down approaches from private equity and U.S. rival Stagwell. "We received nothing credible," Sorrell said in an interview after his ad group published results on Wednesday. "We control our own destiny," he added.

So S4 Capital turned down two offers from Stagwell & PE. "We received nothing credible," Will they return with improved offers? Who knows.

Sorrell..... "As rates fall confidence could return"

https://www.youtube.com/watch?v=ARZLPe_lL2A

S4 Capital beat analysts earnings forecasts.

Revenue £1,011.5B........ expected £968.01m

EBITDA £93.7m ..............expected £90.23m

Earnings -£6m ................expected -£32.05m

Net Debt £180.8m ..........expected £223m

I would question why SMS didn't disclose the $700m bid, he probably would have laughed at the low-ball valuation offer. However, it would have protected the downside from 95p IMO.

Yes just seen 3 buy trades of over 112k each.

1msn, regarding all the companies that you've listed below that S4 Capital has acquired or has S4 report, merged with, do you have a breakdown of the cost associated with each individual company? ie cash amounts & number of shares, price issued? All that S4 Capital have disclosed that I've managed to find is in 2022 Annual results is "invested capital to date c.£1bn". Thanks.

Discusses S4 Capital potential bid & recover in share price.

https://www.youtube.com/watch?v=W9OfMgUwP1k

Last Friday 22/3/24 S4 Capital share price broke above the 50 day moving average for the first time since 12 July 2023.

Nice one GoCPI, hope it pays off for you.

USA waking up..... S4 Capital share price currently up 6.32% @45.06p

Agreed, years 2025 & 2026 should see a recovery with the company & share price. Unless someone swallows us up in the meantime. Jam today, or jam tomorrow.

MCNol, indeed you are correct.

Uk.investing has now updated from 1.77m this morning to ....... Average Volume 2,637,294

https://uk.investing.com/equities/derriston-capital-plc

GoCPI, yes, I don't disagree, I just think that in the best interests of all shareholders at this time is buybacks. The business will turn around at some point this year, so the share price won't be down at these depressed levels forever.

S4 volume of shares traded in the first 48 mins is 1.8m. The daily average volume is 1.77m.

The potential dividend of at least 1p that was reported should be scrapped IMO, share buy backs should be our main objective at todays giveaway share price, almost a tenth of what S4 issued for past M&A is a no brainer. IMO.

The M&A costs for year 2022 was £162.6m. For 2023 it was expected to be £102m. However £10m will be delayed until 2024 financial year. So for 2023 expected to be £92m.

"This share needs to be revalued urgently given current predatory interest."

I agree, a re rating of the current share price @42p is needed, or someone will re rate S4 Capital for us with a formal takeover bid. It may well be a low-ball bid, but it will still be a re ratting compared to the current share price.

The reported low-ball bid from Stagwell said to be in the region of $700m valued S4 @ 95.5p was IMO testing the waters. The 3 companies reported to be interested in S4 are The Stagwell Group USA, New Mountain Capital P/E USA. Havas French company. Considering that WPP wanted to purchase Media Monks (£266m) at the time S4 Capital pipped them to the purchase, I wouldn't be surprised if WPP made a move on S4 Capital. Would SMS sell to them? Money talks, at the right price he would, he also still owns a sizable shareholding in WPP.

Float S4 Capital in the right climate on the Nasdaq and they would trade at multiples of what they currently trade at. IMO.

Source of information....... Bloomberg. Just taking a look at S4 Capitals largest shareholder Franklin Resources, looking back to Q3 2022 their holding was 1,883184 shares. Today they own 67,446,588 shares 11.46%. That is quite some holding acquired over the past 15 months. Their largest quarterly increases to date have been Q4 2022 @19.2m, Q3 2023 @28.5m & Q1 2024 @16.2m. I wonder if they are stake building on behalf of a client?

Baron Investments

@baroninvestment

*MARTIN SORRELL REBUFFED MERGER OFFERS FOR S4 CAPITAL: WSJ

*Sorrell Last Fall Rejected Merger Offer of About $700 Million From Stagwell -- Sources -- WSJ

*Buyout Firm New Mountain Capital Held Exploratory Talks With S4 Last Year -- Sources -- WSJ