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Share Name Share Symbol Market Type Share ISIN Share Description
M&c Saatchi Plc LSE:SAA London Ordinary Share GB00B01F7T14 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.25 0.87% 144.25 143.50 145.00 151.50 141.00 141.00 194,651 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 431.8 17.6 9.8 14.7 176

M&c Saatchi Share Discussion Threads

Showing 226 to 250 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
06/5/2020
15:40
QS, there is that! I am going lockdown doo-lally!
kemche
06/5/2020
15:35
hopefully but still tomorrow's trading no?
qs99
06/5/2020
15:34
Closed at the highs - bodes well for next week perhaps?
kemche
06/5/2020
13:12
indeed tomboyb. May hit my quid target sooner rather than later haha. Let's see. Markie's point above about who sold is interesting one and one we still don't know, but if a perceived "overhang" has gone, that should help sentiment, and for such a big stake to be taken, she / her advisors must have done some pretty meaningful due diligence IMO/DYOR etc, adding further to the positive perception to counter the negative that pushed it into the 30p territory. For me this is still way undervalued.....let's see DYOR
qs99
06/5/2020
12:42
Yep - Petering into the 70s now - Clearly a lot of interest in not only SAA but vin -
tomboyb
06/5/2020
11:48
Nice point Markie and tend to agree. Surprised not been any RNS as you say disclosing the sold position. Looking strong again IMO given 72p on the offer....DYOR and nice to hit the leader board again!
qs99
06/5/2020
11:35
A further interesting thought is where did the Vin stake come from? There has been no corresponding RNS from any institution. One can only assume that it is perhaps a placing of the ex-director stock - they all held c.5% each. Maybe some of this has been offloaded. It is an assumption, and may well be wrong. If I'm right then that is a significant overhang cleared.
markie7
06/5/2020
11:09
Well £1 could be seen at this rate imo Dyor
qs99
06/5/2020
10:00
According to Techmarketview and Holloway: "The motive behind Vin’s purchase of the stake in M&C Saatchi are unclear. But Vin has huge experience of ‘fixing’ companies and I see no reason why those skills can’t be applicable in an advertising agency as much as a tech company. Indeed, Vin was a NED at Chime Communications, a competitor to M&C when it was quoted on the stock market up to 2015." Worth reading the whole article IMHO.
kemche
06/5/2020
09:21
Will hopefully soon see what her plan is.
kemche
06/5/2020
09:14
yes Markie#s in particular! Looks like 70p should be given up shortly given spread has narrowed on screen DYOR and roll on that quid!!
qs99
06/5/2020
09:07
Heading now towards 70p - Vin buying was the catalyst to get interest back here - Additionally some good posts as well -
tomboyb
06/5/2020
08:36
moving again nicely, presume can't be much stock around?
qs99
06/5/2020
07:36
AND just as I posted, it popped above 60p and looking good for further gains IMO
qs99
06/5/2020
07:36
Noice approach Markie and for me this is about 2021, 2020 will be a write off year for most plcs (some exceptions I get that). so if you can survive, not have to much debt, we are approaching being half way through the year, so markets looking 6 months ahead and in these exceptional circumstances will just say, ok 2021, what "value" can I see there and buy accordingly....!! DYOR but I am long and strong as they say for that quid! Cheers QS99
qs99
06/5/2020
07:25
Morning - into the 60s -
tomboyb
06/5/2020
06:52
....of course if you want to follow 2019 results and look through 2020 completely, then you assume £25m pbt for 2021. This means £18.75m PAT which gets you to 12-13p eps. Times 10, or possibly 12 if covid recovery confirmed by then and you have a target share price of between 120 and 145pNot often you find a share that needs to deliver flat performance in order to potentially double
markie7
06/5/2020
06:33
More to come today? Gla
qs99
05/5/2020
14:19
Ta Markie - very useful. Expecting a rather large kitchen sink which may all be priced in.
kemche
05/5/2020
14:02
Thanks Markie, don't often see those sort of informed posts! I think most instis will see 2020 as a write off year. Buying for 2021 and beyond. They will have restructured, taken cost out, albeit put cost back in for finance team etc!! But if it can get back to 2018 by your numbers above c.£30m Headline PBT next year or even year after that, then this market cap will IMO begin to look too low for this sort of brand. DYOR, still holding for a quid plus at mo?!
qs99
05/5/2020
13:52
Put liabilities about £25m per the last results. A fair chunk of that has just been settled of course this week (about £4m maybe?) If you assume full issuance of all these liabilities at 50p - that is £21m / 0.5 = 42m shares. Total shares in issue goes to c.160m. Headline PBT is about 25% lower than 2018; so about £24m for 2019. (this is already announced) Assume that halves in 2020 due to covid - £12m. Tax at 25% - Post tax profit therefore is £9m. So 9/160 = 5.6p eps on the enlarged share capital plus Net cash of £9m. Makes 60p look like about 10*earnings - and this is a pretty severe case, as it assumes a) 50p issuance price on the put options, and b) they all get issued immediately, and c) 50% profit fall from covid in 2020. If you assume 60p issuance price (the current price), and 25% profit fall in 2020 from Covid then you get the following: 35m shares issued - ISC = 150m shares. Headline PBT in 2020 is £18m; using same tax rate - PAT = £13.5m EPS in this scenario = 9p - so at current prices the ex cash multiple is c.6* So - at 60p - the business is valued anything between 6 times and 10 times. My guess is this is all pretty prudent, so BUY at 60p. thanks
markie7
05/5/2020
13:24
Let's hope she knows her way around a balance sheet.
kemche
05/5/2020
13:22
Albert, Let's hope it has not escaped Vin's notice!
kemche
05/5/2020
12:43
Material put liabilities here in £m Significant equity issuance due to vendors. Will dilute existing holders All in the accounts Tread carefully
albert zog
05/5/2020
12:24
Sphere - I think you are right on one point and that is Vin clearly will know more than others to take such a large stake - It is a big stake so lets see where this goes -
tomboyb
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
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