Member Info for redwineday

1pencil

If I'm not wrong the Fidelity sell of happened in November. Nige posted a Bloomberg screenshot mid November and FMR were not listed in the top 20 at that time.

Whatever it looks like there is still concerted selling ongoing.

Lol, its been a redwine festive season, must be the thought of a dry January!

Apologies for the atrocious typing!

They released the trading update for last year on Feb 9, both it took them 2 months to release Q3 numbers so my expectation would be somewhere between. Of course off they have burst the net in Q4 we might get it early Feb.

Fingers crossed they are done.If so we should see this move back towards 12p before the results in mid-late Feb

Mondolez are gone or at least no longer a whopper.

Eh?

Given it dropped from 2.50 at the start of the year it needs to do a lot more than double!

25p by then of the year and taken out at 50p

Good to see Rich topping up. He knows there is more to come, one way or another.

Looks like their EZJ short hasn't worked out too well either.

*Ad market will improve

I agree, eventually this’ll recover. As market will improve. , margins will recover and Internal mess ups will recede and most importantly buyout payments will cease in 2024 meaning positive FCF. For it to return to £4 plus though he need a new growth storyline.

And all of the buyouts/other insiders wouldn't be to happy either I imagine at less than the £4ish they sold out at.

Indeed however the only action I see at the moment is him appearing in various TV shows talking down the market for 2024. I suppose he is trying to reset what the market expects but he is talking down the SP while he is at it.

TBH I have no idea what they are trying to achieve now. Digital only, above market growth, blah blah all seems a long time ago. IMO he needs to come out and say...

No more internal F*** ups, its been sorted.

Revised strategy is X

Growth trajectory for the next 3 years looks like X,

Rev and margin targets for the next 3 years are X

I'm no peer of the realm but it cant be that hard, can it?

100k worth of trades and 11m off mkt cap. SFOR is really like an aim stock plaything. Nothing changing here until good news starts arriving. I'll probably get my money back in 2026!

It's measured in Gil years, like dog years but inverse.

*Feb 2000

I am scraping around looking for crumbs of comfort. I noticed that in Sep 1998 WPP traded at 2.40 and by Feb 2002, so 18 months later it was trading at £13. So can he do it again? Actually if you go back further it becomes a 9 bagger.

Hopefully he is HK signing up a whopper.