Member Info for RunS4

@Auson - MildLaddie's supposed sale is now worth like £52.5k. Serves these know-it-all traders just right.

Personally, I couldn't be happier. My buying through the dips and adding more in the fall from 30p to 20p from End-Jan to Mid-March, that conviction has only helped me with lovely gains. :-) I've trimmed a little of my trading position, but still hold a lot more than many of the management at S4.

Good luck all and I'm convinced that we'll have it this year!!

Nice one, Nige. Every little helps and we're now above 35p. Didn't imagine we'd get there that quickly when we got below 20p a couple of days before the earnings release.

Lol..Sicknote. One share portfolio is way too risky, but perhaps not in this instance. You just may be surprised as to how quickly that price comes out.

TACO looks like he's is already chickening out from his civilisation ending ape rhetoric - right on time you might add. I wouldn't bet against a good rally on the European markets tomorrow and in the coming days. Hold your horses!!

Impressive price action today considering the sh*iite that the orange orangutan has unleashed on this world, but maybe the word is leaking that our business is on the mend. 10.5m shares traded on a down-day for the market with all the current uncertainty - that's fantastic.

We hit 30 yesterday and we also did that in January!! It's not that elusive.

What's far more impressive for me today has been the price action over the course of the day as Dow/Nasdaq were down bigly - S4 held up really well and that's a sign that we'll be well into the 30s next week - all IMO.

That's as much pumping as I'll allow myself to do!! ;-)

An Analyst update note popped up in my IBKR emails today showing that S4 had an change in outperform rating from an analyst (Increase).

Symbol Buy Outperform Hold Underperform Sell Account(s)

SFOR@LSE 1(0) 2(+1) 5(0) 0(0) 0(0) U****9934

Has someone seen this pop up in their Radar today/yesterday? Do we know who this sell-side analyst is?

The stock price is pretty perky today and the price action has been very different to how it behaved back in January when it jumped to circa 28p from 19p and started retracing from pretty much the day after just as soon as it hit 30p.

Good luck holders...we deserve it.

From a read of the FY report, there's more progress being made on this front.

For FY 25 as whole, Labour costs as % of revenues were down below 75%, at 74.9%. However, the key story is that for H2 2025 this percentage is 70.04%. We're moving dangerously closer to Martin's objectives of getting employee costs as % of net revenues down to 65%.

And you'd expect this 75% to get a whole lot better in 2026. Just another metric where progress is being made.

Please can you or any other poster listening to the earnings call, post any other useful insights/feedback that you can glean from it? I'm unable to join the call.

Thanks in advance.

I'd say reasonable results. Share buybacks are way down the pecking order, but should've been option 2 at least. It's good that debt is being bought back though and that can only help.

No real revenue green shoots yet as far as I can tell. Headcount at 6345 is lower than expected and hence driving increased EBITDA in 2026 even with flat to lower revenues. IF IF IF that revenue trajectory changes, that's when we could off to the races. Not today though, but we should get a bounce, IMO.

Discounting Forex effects, FCF is greater than £60m for 2025 anf I don't know how we can square up the 45% FCF yield at the current market cap levels.

Good progress financially - that can't be denied.

Have the official numbers been released? I can;t see them yet

OK, cheers Nige.

Onwards and upwards next week

@NigeCo - S4 has already guided for net debt to be under £100m, likely to be close to £90m, and the consensus is still sitting at £139m. Where did you get these stats from?

On another note, a bit of feedback from someone in the tech consulting sector (cue they're in AI Exponential consulting companiestier announced by Constellation Research in Jan 2026), their business in the US has picked up after being in the dumps for more than 2 years. Their Q1 has seen growth in the US and that to me is more than green shoots.

I'll stick my neck out and bet that S4 will call for a modest revenue growth in 2026 in their update next week. Added a little more in the past few days and out of spare cash currently, but see us do well this year. And for a change, I don't think this will be Deja Vu all over again. ;-)

Vio.com - not sure if this a new customer, but singing praises about how Monks is working with them to build capability that 'Agencies' wouldn't.

https://www.linkedin.com/feed/update/urn:li:activity:7434484812255559680/

Way to go Monks!!!

The Iran war will shake itself out in the coming weeks I'd think. Oil price uncertainty could linger and good know what will happen if Iran escalates by launching attacks on gulf oil infrastructure and nothing much gets out through the Hormuz straits, but that could be a wild card.

And all this from a president who'll never start wars, just stops them!! Way to go.

I can understand the market punshing WPP as they have declining revenues + large debt levels (and increasing) + way behind in pivoting to AI quickly and leveraging that to deliver the technology led outcomes that the ad industry is angling towards. Other than declining revenues, we can't be accused of either piling on more debt or behind in leveraging AI in an optimal fashion to deliver desired outcomes for our customers. But, but, but...baby with the bath water springs to mind.

Good weekend holders - another month before the reveal.

THat big trade had to be a sell, you;d think!!!

Never mind the 5% plus dividend yield and the 30% plus FCF yield. Oh well - this market thinks that AI is killing ad agencies. ROFL

Is that 1msn selling out? He can't be heard from whenever there's a down-leg in the SP... ;-)

Bought sone in the 19s just now - it's silly really, but then I thought we'd not slip below 25. There's that!!!

Cheers, RyanF for sharing that response.

Management/Insider purchases could be taken with a pinch of salt and I'm discounting positive LInkedIN posts as a leading indicator for a company recovery. :-)