Wpp Share Discussion Threads

[gateside] 31/10/2016 20:36

9 up, 1 level, 14 down.Sounds like you did better than me today!

[nasdaqpat] 31/10/2016 17:04

Modestly outperformed FTSE100 today with 16 Shares Up, 38 Down and 3 Unchanged. Stock level 47.1%. AEG, CCL and WPP were highlights and CEY results were good but possibly held back by falling POG.

[mj19] 31/10/2016 08:24

Advertising giant WPP has said slowing revenue growth in the UK may indicate "the first signs of Brexit anxiety".Overall, it reported third-quarter revenues of £3.6bn, up 3.2% compared with last year, down slightly from the 3.5% growth rate in the second quarter.But in the UK, revenues grew just 2.1% in the third quarter, down from 3.5% in the second quarter.Sales were up in sterling terms, but chief executive Sir Martin Sorrell told the BBC these were "false gains".The pound has lost nearly a fifth of its value on global currency markets since the UK voted to leave the EU in June.WPP is the world's largest advertising group. It has 86% of its business outside the UK, so its sales there, when converted into sterling, showed a marked increase.'Tough sledding'Overall sales for the July-to-September period went up 23.6% to £3.1bn. But when adjusted to take account of currency moves, the increase was just 7.8%."If the value of the currency falls, it's rather like the country's stock price falling," Sir Martin told BBC Radio 4's Today programme."We have to watch what impact Brexit is going to have in the fourth quarter."He added: "All in all, it's a good set of numbers in the third quarter, but it's tough sledding. There's low growth, low inflation, and our clients are very focused on costs."Sir Martin also weighed in to the speculation over the future of Bank of England governor Mark Carney, who has said he will reveal by the end of the year whether he will leave in 2018 or stay on until 2021."I really hope he stays, because he's done a stellar job," Sir Martin said.

[mj19] 31/10/2016 08:21

WPP Plc posted a 3Q trading update: "In the third quarter of 2016, reported revenue was up 23.4% at £3.611B. Revenue in constant currency was up 7.6% compared with last year, (...) On a like-for-like basis, excluding the impact of acquisitions and currency fluctuations, revenue was up 3.2%, compared with 3.5% in quarter two, against stronger comparatives in last year's third quarter. (...) In the first nine months, reported revenue was up 15.8% at £10.147B. Revenue in constant currency was up 8.5%, (...) In the first nine months, operating profits were well ahead of last year and net sales operating margins on a constant currency basis were up 0.3 margin points, in line with the Group's full year margin target of 0.3 margin points improvement and in line with the first half. (...) We are in the process of reviewing our quarter three revised forecasts. (...) early indications are like-for-like revenue and net sales growth of over 3% and in the final quarter of the year,"

[nasdaqpat] 31/10/2016 07:56

Another strong set of results from WPP...too much to read for analysts so thumbs down for share price (as usual) today?

[nasdaqpat] 30/10/2016 23:15

Maybe we should be including dividend yield for the FTSE100 when making our comparisons? Over the last 6 years I believe the average dividend yield has been about 3.68% which would lift the total return to 6.87%. That would make us still ahead but not by very much!

[gateside] 30/10/2016 20:45

Average Annual Return 2011-16 (%)

Gateside +8.19%
Nasdaqpat +7.12%
Invisage +4.83%
FTSE100 +3.19%

[nasdaqpat] 29/10/2016 11:09

Invisage,

Based on your last post, I am assuming you want to be included in the performance table and have updated the weekly summary (Post 9071) accordingly. Please let me know if that is not the case and I will remove your entry. Note that I expect the year to date figure to be provided to 2 decimal places. A general indication of your daily performance is not mandatory but would be welcome. Because your portfolio may be something of a WIP, it would aid clarity if you indicated the level of stock you hold relative to your portfolio (cash + stocks) as a whole and update this information when there is a significant change.

[invisage] 29/10/2016 00:46

Gateside

Sorry for the late reply, my portfolio performance has been as follows :

2011 -6%
2012 +19%
2013 +10%
2014 -2%
2015 Flat as came out of the market end 2014 and did’nt trade in 2015

I was'nt in the market in the first 6 months of this year either, I started to get in after Brexit by drip feeding.

Not being fully invested post Brexit has resulted in +8% YTD for my portfolio which under performs FTSE 100. I still hold quite a decent chunk of cash but I am looking to deploy this.

I think it is hard to beat the FTSE100 or have significant out performance therefore I think it makes sense to hold FTSE100 + other trackers in ones portfolio as well as individual holdings. Long term I think this will ensure you don't significantly under perform the general markets.

I prefer to invest in stocks with decent operating margins, High ROCE and above FTSE 100 market yields. I think dividends are important, it helps my cash buffer and allows me to deploy money in the markets especially during corrections etc.

FTSE 100 yields about 3.7% so where I find stocks with decent yields and good dividend cover to sustain payouts I tend to buy.

I have bought two house builders today CRST and BRK, BRK has Forecast dividend of 8.4% with 2 dividend cover, high operating margins and ROCE with no debt.

CRST Forecast yield 6.8% with 2.2 dividend cover, High ROCE and operating margins. Both are suffering from negative sentiment.

I will keep watching house builders and add on weakness. This has been on of the weakest sectors in 2016 so it makes sense to buy if your investment horizon is a few years atleast!

[gateside] 28/10/2016 18:33

I'm glad your beating the FTSE250 :-)

[gateside] 28/10/2016 18:32

Yes it would be good if Invisage were to contribute to the year to date figures. I'd welcome his contribution. A reply at least would be nice!

14 up and 10 down.

As well as the shares you mentioned being weak, my Utilities were lacklustre as well, and ABF is stuck in the doldrums.

Portfolio is sitting at +21.05% for the year.

[nasdaqpat] 28/10/2016 16:52

Much better for the Videan portfolio today relative to FTSE100 with 32 Shares Up, 21 Down and 4 Unchanged...good performances from BLND, BOO, BOY, CCL, IAG, PSN, SBRY & WTB.

However, poor week as a whole and our shares significantly under performed the FTSE100 with investments Down (00.89%) as opposed to FTSE100 which was Down (00.34%) (7020:6996). Overall, our assets were Down (00.46%) on the week. The calendar year performance table now stands at :-

Gateside~~~+21.05%~~(AZN, AMFW, ABF & Utilities holding back portfolio)
FTSE100~~~~+15.72%~~(6242:6996 + 03.64% Dividend Yield)
FTSE AS~~~~+13.51%~~(3444:3790 + 03.46% Dividend Yield)
Invisage~~~+08.00%~~(Currently acquiring House Builders)
Videans~~~~+06.93%~~(Not even making relative progress when FTSE100 goes down)
FTSE250~~~~+05.28%~~(17205:17645 + 02.72% Dividend Yield)

As well as including Invisage, decided to Add FTSE250 to the performance table as we need something to beat. Took advantage of some weakness in market to boost stock level to 46.9% of portfolio from 41.9% at the end of last week.

[invisage] 28/10/2016 16:21

Don't think anyone can call market tops consistently tbh. I gave up trying. Best to just buy what's cheap.

[nasdaqpat] 28/10/2016 15:02

Before yesterday our remaining position in AMFW was relatively light and well in profit so we are only about (07.00%) adrift at the moment and I fancy the market has overreacted to yesterday's news. So, for now, I'm going to stick with it and, if necessary, work on improving the average.

However, assuming we do get a second bolt-on segment before the Phase correction, it is not one of our 20 core holdings so may well get sold off in the expected 'rising tide lifts all boats' moment prior to the Phase top...if you get my drift.

[nasdaqpat] 27/10/2016 23:19

Yes, it might be best to bail out of AMFW...I'm not sure...will sleep on it for starters.

[gateside] 27/10/2016 20:30

And AMFW was just 3% away from being back in profit (in my portfolio) at its recent high.

Glad it's one of my smaller holdings, not been the best of investments and today it made a small dent in my portfolio.

They paid way over the odds for Foster Wheeler.

Wondering whether its worth keeping or selling. But hate selling at a loss. If I was going to sell, then I should have sold yesterday.

[nasdaqpat] 27/10/2016 18:37

I think its called Adblock Plus from the Chrome Web Store. I started using it about a year ago and remember it was very easy to install and it has improved the Advfn 'experience' no end...no problesm, either.

[gateside] 27/10/2016 17:44

What ad blocker do you use?

[nasdaqpat] 27/10/2016 17:20

Are you not using an Ad Blocker on main platform?

[gateside] 27/10/2016 17:11

Typo in last post in first line... Wish you could edit posts on the ADVFN app on my phone. At least the app has less adverts than the website though!

[gateside] 27/10/2016 17:08

12 up, 8 down, and an even unusually large 4 level.Glad that AMFW is one of my smaller holdings. (Even smaller now!) Reckon there will a Rights Issue in the Spring.

[nasdaqpat] 27/10/2016 00:35

Yes, we have WTB shares and I Added both yesterday and today as I thought the interims were OK. May Add once more around about the current interim low of 3283p (assuming it gets there). Still only a moderate holding, however, as I have an eventual target of c2920 before it is potentially done with its Down Phase which started during May 2015.

Next week or so will be interesting to see how low FTSE gets (assuming its correction has legs). I suspect American equities are being kept afloat by Clinton's controllers (GS. etc) to help ensure her victory. Perversely, the meat of the Phase correction may not get underway until after the election.

[invisage] 26/10/2016 23:21

I'm watching WTB too. I'll add to BATS of it goes to £40.I bought some FTSE 100 tracker today 3.8% Yield. I think investing for yield in quality stocks and reinvesting regularly is best approach long term.