Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
4YFN24: The Interplay of Political Instability, AI Marketing & Advertising with Sir Martin Sorrell
https://www.youtube.com/watch?v=sjD_bw60MUs
As far as I know, S4 Capital issued new shares in each merger at 420p each, part cash and part shares. S4 just bought 6m shares from the market at around 40p, its a no brainer. I think that management should pay down debt and carry on buying shares back while the share price is down at this valuation.
"12 months from now !! Agreed ...4 plus ..."
I would be happy with a share price of 100p by financial year end 2024. Looking beyond.... 2025 & 2026, S4 Capital should be returning to growth and making a good profit with reduced debt. The latest analysts earnings forecasts are for almost break even for 2024, 2025 £20m profit, 2026 £57m profit. At this time frame I would be delighted with a share price of 200p plus. S4 Capital management need to get things right, as well as a strong economy with lower interest rates. Time will tell.
"The Company today announces the commencement of a Share Buyback Programme. The Company has allocated an initial £2.7 million from its available cash reserves to the Share Buyback Programme."
Quite right Longfell, at an average purchase price of around 0.40p, S4 would be looking at purchasing around 6.7m shares. With plans for further share buy backs in this financial year 2024.
According to ADVFN data, since 11:50am today there has only been 5 buy trades v's 109 sell trades.
Buy volume 119,914
Sell volume 2,717,465
Unknown volume 2,867
Based on the above we would normally expect to be down 5% or 6%, so this may be a positive that the share price is holding up well so far, only currently down 0.95%. It's looking like the only way the share price breaks above 43p is on good financial results and positive outlook.
SMS....."Looking to the future, I’m convinced that our model is every bit as relevant as it was in the beginning. The role for agencies in this world is going to be not only as a creator but also as a validator between advertisers and the media platforms. Clients are not going to want to invest their huge media budgets without impartial validation and evidence that it is being spent effectively."
Reassuring words from Sir Martin Sorrell.
"What would be the fair value of WPP TRADING NEARLY 700 WITH REVENUE 12 TIMES OF SFOR"
Below Fair Value: WPP (£7.14) is trading below our estimate of fair value (£13.14)
https://simplywall.st/stocks/gb/media/lse-wpp/wpp-shares/valuation
What is the Fair Price of SFOR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model. Below Fair Value: SFOR (£0.43) is trading below our estimate of fair value (£5.44)
https://simplywall.st/stocks/gb/media/lse-sfor/s4-capital-shares/valuation
Hi Jo, I fully understand how you feel.
I too haven't been watching as much, been away on holiday also helped. All we can do is keep the faith that management will turn this around once the economy turns, at this time there will be no excuses. GL.