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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| M&c Saatchi Plc | SAA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 6.50 | 3.58% | 188.00 | 16:28:46 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 185.50 | 185.50 | 189.00 | 188.00 | 181.50 |
| Industry Sector |
|---|
| MEDIA |
| Top Posts |
|---|
Posted at 30/5/2023 18:36 by x54v “In the latest in our Smart Small Caps series, Jemma Slingo talks to Octopus Investments about why M&C Saatchi has turned a corner…The shares have yet to recover from the 2019 scandal, which involved overstated revenues and understated costs. However, things are on the up – at least according to Richard Power, head of the quoted smaller companies team at Octopus Investments. “It has got its mojo back,” he said. “But people are still looking in the rearview mirror.” Power is enthusiastic. “For the rating it’s on today, and the growth it’s likely to achieve over the next five years, have we got an investment that’s likely to achieve quite significant returns? Absolutely. And I say that acknowledging that we could well see some headwinds in the next 12 or 18 months. At the entry point today, the opportunity is substantial. Five years feels like a long time for a company with a history of volatility. However, the group is responding well to the new management team, and feels significantly more dynamic than it did a few years ago. The market doesn't seem to have clocked this, and despite its expertise in brand-building, M&C Saatchi is often still portrayed as outdated and slow-moving. Things could be about to change.” |
Posted at 01/4/2023 08:26 by x54v Interesting appointment of Zillah Byng-Thorne as independent Non-Executive Chair.—- “Her recruitment is likely to be regarded as a coup by investors. During her tenure at Future, she oversaw rapid growth in its earnings and share price, transforming it from an 'old media' magazine publisher into a digitally-led group.” |
Posted at 21/5/2022 19:05 by richjp I attended the UK Investor Show in London today where Vin Murria was interviewed for half an hour. The topic of the session was her thoughts on the future of big tech, however she was asked about Saachi at the beginning and I thought she was very open. She even mentioned that she had made a large profit since she bought in. I think the figure she gave was larger than the figure quoted in the previous post.I knew she had been at loggerheads with the board over the last five months, however what I did not know, was that she struggled to get on to the board in the first place even though she owned 22.5% of the company. She made it clear that she likes to get involved and not just be a passive investor. I think that is why she took the course of action she did. She spoke very positively about Next Fifteen and said that she believes they will take Saachi in the direction that she wanted to take the company in the first place. She knows the CEO and CFO of Next Fifteen personally and rates them very highly. She said that she intended to "roll" her investment. I spoke to her briefly after the interview to clarify what she meant and she said that she meant that she would be retaining her investment. I am now happy to do the same. I will certainly also keep a lookout to see if she gets involved in any other public companies in the future. |
Posted at 12/7/2020 08:42 by kemche I suspect they will be begging Vin now! |
Posted at 29/5/2020 08:28 by kemche sirius, She does not strike me as a passive type of investor - judging from her history. Shrewd as a fox and formidable nous and savvy.IMHO and NAI. |
Posted at 06/5/2020 17:46 by kemche Markie - A piece of advice if I may - please stay away from the asylum. It is populated by a very special brand of investor. |
Posted at 05/5/2020 10:10 by kemche Would not bet against Vin. Formidable woman. Interesting situation - will she attempt to get a seat on the board? She is not known as a passive investor. |
Posted at 04/12/2019 15:29 by pugugly With 130 subsidiaries and associates (Thanks for info investors champion) and as allonblack suggests buyouts linked to progress/profits the urge for creative accounting must be difficult to resist in certain areas - Not saying this is the case but a point to be considered (imo) |
Posted at 03/5/2007 11:10 by protean Tipped again in the Independent...M&C Saatchi Our view: Buy Share price: 168p (+0p) Arguably the most famous names in British advertising have also been one of the best performing stocks in the small caps over the past six months, adding more than 45 per cent since November. Although the name is slightly misleading, with only Maurice of the Saatchi brothers playing any role in the running of the company, M&C Saatchi has been one of the fastest growing agencies in the sector. That said, it is still only capitalised at just under £90m, so growth has either stalled or there is plenty left in the tank. Monday's departure of Christine Walker from Walker Media, an agency in which Saatchi has a 75 per cent stake, was well flagged. As a result of her departure analysts expect the company to buy up the remaining 25 per cent of the agency it does not already own. Saatchi has built a strong European presence in the past two years by investing £3m in offices in Paris, Berlin and Madrid. This investment should drive growth by offering clients a pan-European approach to advertising while retaining a creative edge, without forcing clients down a more corporate route. M&C Saatchi trades on a forward earnings multiple of 14 times forecast 2008 earnings, but with top-line growth accelerating and investment in new offices likely to take a back seat over the next 12 months there is scope for upgrades. The advertising industry is never shy of a deal, and, while investors should not buy any stock based on takeover hopes, more consolidation should not be written off. If Saatchi stays independent, expect to see its valuation move more into line with its peers, meaning the stock remains a buy. |
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