M&c Saatchi Share Discussion Threads

[indiestu] 12/4/2024 14:38

Iceberg! Dead ahead!

[x54v] 12/4/2024 12:55

The largest volume in quite some time.

[stemis] 12/4/2024 12:15

Surely Saatchi isn't going to stay independent for the long term. A potential bidder only has to have a word with Murria and they are half way there...

[cf456] 12/4/2024 11:45

Chunky volume today. 2 x 1.1m trades @ 180p.

[cf456] 10/4/2024 15:34

"M&C Saatchi's shares look cheap as its tranformation starts to bear fruit"

[cf456] 25/3/2024 07:44

Quite a jump in Artisan Partners holding - to 10.51% from 5.71%.

[cf456] 20/3/2024 16:41

Heavy buying again today.

Would be good to see a clear break above the 180p level and a move towards 200p.

[someuwin] 05/2/2024 19:15

Thatcher’s favourite ad men hired for NatWest retail share sale

The agency founded by the Saatchi brothers in 1995 has been handed the task of persuading millions of Brits to buy shares in NatWest later this year, Sky News learns...

[cf456] 02/2/2024 13:39

A lot of buying going on at 180p in the past 30 minutes.

[x54v] 18/1/2024 17:28

Closed on a multi-month high with some strong volume.

[stemis] 18/1/2024 08:06

In line profit seems to have been received with some relief by the market...

[cf456] 15/12/2023 17:07

The volume has been ramping up significantly since mid-November in line with the rise in price so some heavy accumulation seems to be going on.

There was takeover interest here before with both AdvancedAdvT and Next 15 Group bidding, so SAA could certainly be a target again.

A larger than usual number of bids in the UK recently helping bring buying interest back to the smallcaps.

[sphere25] 15/12/2023 13:29

Another likely takeover target here.

Someone is keen today with 1.2m matched with 3 lots of 400k @151p.

Some large sell orders sat on the book at 152p right now though.

Will the market buy through those or is there still a big seller at 151p that halts the rise here.

All imo
DYOR

18/12 08:56 Just noted that there looks to be a trading update scheduled for this coming Friday. Don't know if that source is right, but watching from the sideline to see how trading is going. Prefer to see the update first. The market clearly believes the next update (whenever it is) won't see any major deterioration.

[cf456] 07/12/2023 17:21

A significant increase in volume recently with price continuing to push upwards.

[boozey] 23/11/2023 17:09

Well despite the challenges of the advertising industry Saatchi is recovering well.

[cf456] 22/11/2023 15:42

Octopus adding.

[finkie] 23/10/2023 12:21

I managed to get in and out before the latest rout, but the chart looks to be saying 110-115p to me especially with the added war concern and contagion especially middle east.

[tromso1] 26/9/2023 08:23

Buying by the CFO a positive for sure.

[cf456] 26/9/2023 07:07

CFO now buying shares too. £50k worth at 148p, to follow the £90k the Exec Chair bought recently.

[cf456] 14/9/2023 08:48

Correct. Only need an RNS if currently directors or individually hold over 3% of the company.

These guys aren't existing directors and although they collectively hold 6%, can't hold over 3% individually otherwise there would be have been a TR-1.

[colinroberts] 14/9/2023 08:42

Value Viper - Good point, but although they are 'co-founders', I'm not sure of their actual current position - ie whether they are actually linked with the company, or are just regarded as independent people with a personal interest in it. If so, it may be that the transactions didn't warrant an RNS.

[diku] 14/9/2023 08:37

Revenues, margins, and cash down...




-- Net revenue of GBP120.4million (H1 2022: GBP129.4million).
-- Headline operating profit margin of 8.3% (H1 2022: 14.0%), with Q2 margin of 12%.
-- Headline profit before tax of GBP8.8million (H1 2022: GBP16.0million), with strong operating leverage
mitigating the impact of lower revenue.
-- Headline EPS of 4.47p (H1 2022: 6.37p).
-- Net cash at 30 June 2023 of GBP15.4million (30 June 2022: GBP39.7million), reflecting lower trading
and the settling of put options.

[cf456] 14/9/2023 08:31

Remember that the market is forward-looking. The prior drop may already be baked into the price.

[value viper] 14/9/2023 08:07

Agreed Colin Was there ever a RNS confirming the big director share purchases that were recently reported on Sky News ?I do not recall seeing anything