Conduit Share Discussion Threads

[rivaldo] 28/2/2013 14:28

News today - CRE's TMW is one of several agencies appointed to the Government's digital framework.

Quite a coup I'd have thought:



Extract:

"Government appoints creative, DM and digital framework
By Jeremy Lee, campaignlive.co.uk, Thursday, 28 February 2013 09:37AM 1 Comment

Abbott Mead Vickers BBDO, Engine and DLKW Lowe are among the agencies understood to have made it on to the Government's creative framework, while agencies such as DraftFCB and TMW are on the digital roster.

The Government informed successful agencies yesterday and it is thought that there is a two-week "cooling off" period during which the agencies can decide whether they would like to work on the business.

The new framework means some agencies with a history of working with the Government, such as Dare, Adam & Eve/DDB and Leo Burnett Group, have not made the list.

Agencies understood to have made it on to the DM roster include Bray Leino, Lateral Group, Lida and TMW.

The digital roster is thought to include Bray Leino, DraftFCB, Indicia, BSS, TMW and Twentysix.

etc"

[boonkoh] 26/2/2013 20:55

Is the Havas potential acquisition dead and buried?

Perhaps not...

Q&A with Havas CEO:

Q: Are there any obvious differences between the way the big agency networks (including Havas) are approaching 'digital', either through restructuring or acquisition of digital specialists?

A: Of course digital means many things, and we have realised the importance of specialist skills in certain parts of the digital arena. Acquisition allows for instant access to experience within the required discipline, in return this allows agencies to expand our existing integrated offering. This is especially important for new/emerging technologies.

We are taking a closer look at technologies in use and aligning blended project teams based on client needs and type of work. On a bigger scale yes, acquisition plays a large role in filling the voids that naturally occur given the speed of change.

[toffeeman] 26/2/2013 16:58

Greeting Paul - long time no 'chat' I bought some VLX on valentine's day! - Are you still in them?

[paulypilot] 14/2/2013 18:11

I also topped up this week.

Looks strikingly good value to me, and I particularly like the divis too.

Regards, Paul.

[rivaldo] 14/2/2013 14:32

..and there's a 50k buy at 89.5p just reported, 0.5p above the current offer price....

[rivaldo] 14/2/2013 12:34

Looking interesting here at present - creeping up a little every day.

Latest consensus forecasts are:

- year about to finish : 12.7p EPS (varying from 10.6p to 13.9p) and a 3.7p dividend
- year to 31/3/14 : 13.18p EPS (varying from 12p to 14.6p) and a 3.95p dividend

It's worth having for the divi yield alone, let alone the P/E of 6.75 for the year about to start.

[c1d] 11/2/2013 10:50

Agree that it is excellent news.

[rivaldo] 11/2/2013 10:32

Good news - RNS just out that Ruffer have increased back up beyond their prior position to 5.13m shares, or 8% of CRE, due to a 510k share buy:



Ruffer are one of the best investment managers around imo.

[markt] 05/2/2013 13:28

....not far now from the intial starting price for Creston, 96p in 2000....
....sigh of relief from DE perhaps if it makes it to 96p !
....DE has made good money out of CRE, shareholders havent
....hopefully the next 12 years will be better for shareholders than the last 12.

[gretel1921] 04/2/2013 17:19

Not many shares haven't shown a loss today,CRE is one of them,
a good sign

[markt] 04/2/2013 16:48

Hi Riv
ah...some good info there....EE float..and publicising itself beforehand...

[rivaldo] 04/2/2013 15:54

The key elements of today's RNS for me are:

- headline PBIT improvement over last year
- net cash at the year end is likely to be almost £8m, against the £55m m/cap
- prospects appear to be encouraging as are client wins

I note today's news that EE could be about to float for £10 billion. This should provide lots more work for CRE as the brand publicises itself further in readiness.

[markt] 04/2/2013 11:32

"New business wins during the Period included the social media account for Durex"

maybe they could do a partnership with another AIM company.....

RAM Active (RAM) ...je je !
and Straight (STT) may put in a counter offer !

----

"as Creston seem to have developed a habit in their recent IMS's of making things as obtuse as possible"
...sadly its always been the case imo
Headline 2, Ajusted Headline 3.

[funkmasterp12] 04/2/2013 11:27

The £7.2m payment could be for a number of things - solving defects, advance payment because it's been on the market for a while, high rent/lack of rental income, Landlord feeling generous etc.

It'll bump up their net cash position at YE so remember to take this into account on the results if it's not made clear.

[markt] 04/2/2013 11:24

"£7.2m from a reverse premium "

Riv
is this basically a bonus payment as an incentive to sign the lease contract and to agree to solve any building defects resulting from useage
..from a building owner that had it empty and wanted a renter ....ie. a carrot ?

[funkmasterp12] 04/2/2013 11:23

N+1 Singer have come out this morning with a target of 65p and a "Sell" recommendation.

As recently as October they had a "Buy" recommendation with a target of 123p

Funny old game sometimes.

[rivaldo] 04/2/2013 07:40

Interesting trading statement.....

- a cash receipt of £7.2m from a reverse premium :o))
- and CRE to be into a net cash position even before that £7.2m
- plus PBIT up from last year despite flat yoy revenues
- and recently "winning some significant new clients and additional brands from existing clients"
- a naturally cautious outlook and Communications down overall, though Health is doing well and Insight improving

Overall then, pretty decent in the current climate I'd suggest.

[markt] 29/1/2013 14:59

...interesting imo how the CRE chart is so spikey....on a 1 year chart there are quite a lot of spikes/jumps, up and down...
I guess related to illiquidity...and perhaps some geared buyers closing/opening positions...

[rivaldo] 28/1/2013 08:17

This morning Cello issued a good trading statement, in particular noting the strong H2 performance of their health care activities, with a good start to 2013.

Let's hope this similarly bodes well for CRE.

[rivaldo] 24/1/2013 12:05

CRE's TMW running a new campaign for the Infiniti:



Extract:

"Creative influence agency TMW has led the creative development and will handle web, mobile, digital advertising, email and social media elements. Press and outdoor are being managed by TBWA\Paris.

This latest push forms part of Infiniti's continued strategy to position itself as an alternative to the big three German marques. The campaign will run until March 2013, bolstering the brand's European presence ahead of the 2013 Geneva Motor Show where an all new model will be launched (the Q50 sedan). It follows the recent confirmation that Infiniti will be deepening its collaboration with Red Bull Racing in Formula One to title partnership, with the team now being named Infiniti Red Bull Racing. Infiniti has also become a Technical Partner to the World Championship-winning team."

[waspfactory] 24/1/2013 10:49

Not too late to join the party gretel....

[gretel1921] 24/1/2013 10:41

There seems to be a lot of inside information,
what chance have we ordinary mortals got?