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Common sense has withdrawn guidance in the brave new world we live in SB... along with decency, honesty, transparency, competence, and a few other things. God help us.

That is exactly what the manager said in the latest Free Spirit Fund factsheet, Hopad. He suggested buying back shares would have been a better use of Dotdigital's capital than acquiring Snowball.

WPP actually reiterated FY guidance in their Q1 trading update dated just 3 months ago on 25/4/25. Now it is slashed. Part of running a company well is being anticipatory and guiding sensibly. Not this lot!

Yet another low-quality management team in UK plc-land. Mr Read deserves to go. No doubt he will leave with his squillions.

Another one. They say they come in threes, was this the 3rd?

Divi sure to be cut and the CEO, after an undistinguished tenure, is off to boot.

The market is doubting they'll maintain sales guidance given the ramifications of Trump's actions. No one is quite sure what will happen and, as has been repeated ad nauseam, it's the uncertainty that's killing markets. Several companies I'm in have withdrawn guidance.

Just reminding myself that in 2024 they raised net proceeds of £28.4m to fund the acquisitions at a price of £4.00 per share. Those subscribers won't be pleased.

Too early to the party again...

Haven't watched it yet, but presume they failed to reassure in this morning's Q&A. Oh dear.

Entirely fair points, RunThoseProfits.

This company has a history of unexpected profit warnings, some due to inherent cyclicality, some due to management missteps.... but the hope is the sp will bounce back as it always has in the past. That's my rather flimsy thesis anyway, because I averaged down at close of play today. (Gulp).

Price seems v cheap to me.

Let's see what management say tomorrow. Questions are always more searching at Equity Development webcasts than at Investor Meet Company webcasts, in my experience. I hope they're not too downbeat, this Adam Holland fellow seems a rather morose type.

Reassurance will be required at tomorrow's webinar.

Share price up an unusual 3%, so I did some checking and it appears the BOD have RNS'd a review of management arrangements, etc.

Well, well, well, this is quite out of the blue.... but welcome! Shows a proactive board, exactly what we want to see more of in the world of investment trusts.

Well the dip, currently 10.5p, somewhat less than the 19p divi. Pleased with that.

And the good news continues.

Chunk of revenues now contracted under long-term pricing arrangements.

The old BOD "cluster buy" eh? Bit of an obvious ploy. Not huge either. Well, I've taken advantage and trimmed a few, still leaving plenty of skin in the game.

Leaky, leaky!

Seems a good quality company operating well enough but the company (and the share price) receive no credit. For the last 3 years the sp along with my investment has gone sideways - and there's not much of a divi yield to keep us keen either.

It's like the market has forgotten DOTD exists... something needs to be done to jizz things up. Surprised PE isn't sniffing around.

Watch........paint..........dry

Has anyone had sight of these?

They were supposed to have been released "later today", per yesterday's RNS.

A wind-up is where this should end.

Not to be forgotten a couple of months ago the finance director sold 45K shares (almost half his holding) at 372p to "help fund the purchase of a new house".

Should've paid heed.

In many ways though, I'm not surprised to see them report tougher trading conditions. And MPAC is obviously a high beta stock with high sensitivity to global trading and growth.... so, the sp tanks 25%. Luckily, I position-sized appropriately. I may add.

Debt covenants "relaxed" to accommodate worse trading due to "weaker macroeconomic conditions than anticipated at the last amendment agreed in March 2024 and heightened geopolitical uncertainties"...

Oh dear. Another profit warning in the offing? Needing to increase the net debt/EBITDA covenant ratio to a staggering 5.25 as at the end of 2025 tells us something! Certainly it will be a long, long, long way back for SYNT.... and the legitimate question has to be will it even survive in present form?