Member Info for QBArtist

Short term volatility, could go down again, but I've taken a view up more likely than down and in at 561.5.

Went in with new money with a small position at 221 and out at 229. Who know what neuron is going to misfire next in Mr T 's head. Unfortunately however my portfolio is still underwater.

Is that most holders will not sell at current prices. This near term share price movements might end up looking a bit like a short squeeze...

"Analysts at RBC Capital Markets called this a "significant" miss"

I think the Analyst made a significantly miss......

This is now 225 equivalent @ex-div. crazy .

I did some back of the envelope calculation. With dividends, buy backs and earnings, solvency capital is falling by APPX £800-900m pa. So next year the solvency ratio will be around 195% falling to APPX 180-185%, the following year. This means buy backs will come to a close after next year. On the plus side EPS and ROE should go up with the reduction in shares and lower equity base. Haven't a clue what it means for the share price longer term, but am inclined to think fundamentals will keep this as a good returner for a portfolio.

The thing about an over capitalised company is how efficiently that surplus capital is used and what returns the surplus capital generates I was always thinking the market was unhappy with l&g because of the surplus capital, and it was generating less than satisfactory returns. Now they are planning to change this and the share price tanks...! There's no logic.

The company is going to buy back almost 10% of it's market cap. I do not trust the traders, Bots , AI algorithms etc who have taken it down this morning. It's created nothing but a buying opportunity, imo.

18+% drop, close to financial crisis lows. Seems to be cash generative, no debt. Is it going to recover or sink further?

As a matter of mathematics, the revenue and earnings figures should stabilise later this year, before growth next year, plus asset sales news to come. Seems like positive news is on the horizon.

Last Time it fell this low the takeover vultures rumours started floating around. Bound to happen again at these levels. Seems like an over done sell off on no news, IMO.

As well as company specifics (restructuring, AI investment etc) do not forget the currency effect . Most of WPP revenues are non GBP, and GBP has been strengthening recently....... So foreign earnings are worth less in GBP terms. The share price shows strong inverse correlation with GBP movement...

Watch the USD/ GBP rate. While waiting for the company news to start affecting the share price movement, the shares are very strongly to USD moves. Probably due to some AI algo. Weakening dollar not good for the shares due to the conversion drag on USD revenues. Today shares are up a bit, but note the slight USD strength also.

I think is the reason for the current weakness.

Down to 312 and now above 317. No stamp duty makes this as volatile as crypto.... WPPcoin...??

Well, nice re-bound from the sell off yesterday and earlier today. Suggests to me that something is happening here. Anyway, relieved and good to see it rise being long on it.

The 4 hour moving averages are showing support at around 285. Beyond that this can go up ot down as this stock is clearly being moved around by big pocket traders and shorters...

Looks definitely like a margin call day leading to short covering. Quite a few short positions were taken sub 300. Some of these will need additional equity as the price goes up.

I took profit on some of my short term holdings. Still holding a chunk, some of which at break-even and some underwater. Buy low, sell high, works for me, on average.

ADRs up over 5%. Just a little more, and margin calls will lead to more meaningful short closings. IMO and I'm talking about a technical bounce.