RE: JKR Investing1 Sep 2022 19:01
NigeCo
I agree we need the H1 results to give investors more guidance and clarity as to the value of S4 and hopefully some positive guidance. That would hopefully give the green light for institutional investors to start buying again (as they are the real drivers of share prices rather than private investors).
It may take a couple more quarters but I live in hope as I have a lot invested here and have made the mistake of averaging down too many times. I have added a little more today as the SP is so low.
I remember the day last September when it rose to 870p, albeit only for a day. I considered selling out then.. boy I wish I had, lol.
Sir Martin Sorrell strikes me as the type of guy who will be very determined to succeed and will be focused on turning this around, so I am keeping the faith.
Recession, inflation, uncertainty, a low economic growth outlook and a cyclical advertising company don't make a good mix imo but shares can get oversold and we need some good news.
Good luck all.