M&c Saatchi Share Discussion Threads

[qs99] 21/9/2020 08:32

interesting strength ahead of next results from SAA

[spooky] 27/8/2020 16:46

It wasn't really a comment on whether it was right to be long or not, purely that IMO it would be unwise to be too heavily guided by their comments on cash.

[galles] 27/8/2020 16:42

Thanks, and it's a fair point. Better to be safe than sorry. I'm guessing you are not a holder?

[spooky] 27/8/2020 11:23

Obviously i have no idea what is really going on but you can totally disregard that cash figure as far as i'm concerned.

[imastu pidgitaswell] 27/8/2020 10:22

Gross cash. Net cash is £20m after you deduct the fully drawn revolving credit facility.

And the results delayed yet again - masked by the information about cash (which is reported as on specific day, mid-month, that may or may not be representative of an average) and claimed profitability.

Forgive my cynicism, but I have experience of this lot from years gone by.

[galles] 27/8/2020 09:51

Market cap now £77m against £56m cash. That's over 70% value of the company already supported by cash. And it's not a capital intensive business. I would also hope that the figures are as accurate as can be immediately after the accounting issues reported.

[albert zog] 28/7/2020 08:38

Trading slightly above break-even. This is good news. But not out of the woods imho

[parvez] 28/7/2020 08:17

Wonder if Vin will be increasing her stake here?

[potpot1980] 28/7/2020 07:15

Agree....quite pleased with that....hopefully push back to the 60's now.

[markie7] 28/7/2020 07:13

Considering the valuation, that update is fine. More clarity and financing headroom. So it should no longer be priced to go bust, should bounce quite a bit

[potpot1980] 28/7/2020 07:04

Quite encouraging trading update!

[thewheeliedealer] 21/7/2020 22:19

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers SAA and the prospects for the Marketing sector. We also chatted about loads of other Stocks and as always a fair bit of general Portfolio Management educational stuff. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 27) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer

[diku] 20/7/2020 08:40

Is the chart suggesting another dive coming?...

[kemche] 12/7/2020 08:42

I suspect they will be begging Vin now!

[parvez] 01/7/2020 11:30

Hmm.. thanks, QS99 :)

[qs99] 01/7/2020 11:05

well trading not as bad as all that per RNS yesterday, previous stake building may increase who knows, CELLO got bid for in sector this am, not wholly the same, but shows the sort of value some focused firms could go for DYOR

[parvez] 01/7/2020 11:04

what's happening? Any one any ideas?

[qs99] 30/6/2020 14:23

edging up with the buyers

[nocton] 30/6/2020 08:38

I can't understand, imastu pidgitaswell, if you think the company has been and continues to be so awful, why you bother to post on this thread? Have you shorted them?

[redalert] 30/6/2020 08:30

Results targeted July, but have until September, as i read it. could be wrong. RA