M&c Saatchi Share Discussion Threads

[richjp] 23/9/2021 11:24

I added yesterday for the second time this week.

Nothing is ever guaranteed of course but this seems to be progressing nicely.

[qs99] 23/9/2021 11:17

And as I type the offer moves up to £1.71.....leaving c.40% upside from current offer to TP, wonder if they have left enough "in" for further upgrades? Would be mad management not to, so on that basis, next 6+ months of trading should provide the answer and possible further share price appreciation opportunities.

Well done all like Markie who have been in and stayed in!

[metis20] 23/9/2021 11:16

Looks as if they have order(s)in with a higher limit than the current share price In spite of printed sells, the bid is being raised. Of course, it could be large so far unprinted buys that are causing the ask to be raised...

[qs99] 23/9/2021 11:14

Interesting posts all round and big old upgrades indeed, likewise looks way off broker TP

Momentum with it following neutral day of RNS, so maybe roadshow starting to gain traction? DYOR

[tole] 22/9/2021 14:42

https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-cohort-kape-technologies-and-strix/M&C Saatchi (LON:SAA) – getting the story out thereYesterday's interims to end June reported sales up 14.7% at £171.2m and a headline pre-tax profit of £10.5m, up a massive 420% on last year's £2.0m. Net cash was also a lot better at £31.8m (22.4m).The 2021 full year pre-tax profits will now be substantially ahead of market expectations.The globally operating advertising and marketing services group is now estimated to see current year revenues of £234m (£225m), while pre-tax profits could double to £16.0m (£8.3m), with earnings coming in at 5p (1.3p) per share.Going forward analyst Harry Read, at the group's brokers Liberum Capital, goes for some £241m of sales, profits of £19.4m and earnings of 6.5p per share for 2022.He is extremely bullish about the group's prospects and its share price he rates at 240p, compared to the current 158p, which, no doubt, is why he gives a 'buy' for the shares.Hold very tight.

[boozey] 21/9/2021 18:20

Expected a bigger reaction to the share price today. The company is still tarnished from previous dodgy management now long since departed... but reputational damage can be long lasting. A question of time and continuing to deliver positive results is what the new management need to focus on.

The price can comfortably double from here to pre-scandal price, given results are on a par now with those times.

There were substantial Director buys at the start of the year which triggered my initial interest and investment. The Saatchi brand name alone is worth the current share price - the rest comes for free.

[markie7] 21/9/2021 14:33

Peel Hunt numbers up 37% for 2021. So that is two serious upgrades today.

[richjp] 21/9/2021 09:59

I have added. Markets generally seem a bit nervous at the moment so this could be a good time to buy.

[its the oxman] 21/9/2021 09:35

Thought we would be up more, have to give it a few days perhaps. Revised eps or broker targets ?

[pre] 21/9/2021 09:20

those results are stellar and expected earnings substantially ahead too. This has got some way to go in terms of rerating now. Well done to management.

[w1lbur01] 21/9/2021 09:12

Maybe people are waiting for the amendment Rns like last time! I hope not

[its the oxman] 21/9/2021 08:12

Break of 200p could easily be reality now in the next month or two.

[markie7] 21/9/2021 08:01

Liberum have 40/50% eps upgrades with more to come ....

[w1lbur01] 21/9/2021 07:18

Agreed looks very good now the rerate

[tole] 21/9/2021 07:09

Current trading and outlook -- Momentum from H1 has continued into H2 with important client retentions and new wins -- Full year profit before tax and earnings expected to be substantially ahead of consensus

[markie7] 21/9/2021 07:06

Superb update. Massive upgrade and dilution risk gone. Well played!

[w1lbur01] 17/9/2021 10:59

On sharecast company diary update is next Tuesday

[w1lbur01] 02/9/2021 12:27

Also been expecting a trading update for the last few weeks

[w1lbur01] 02/9/2021 12:26

I think a bid is not out of the question. It is quite illiquid so can move either way quickly I have a core holding which I will keep for a couple of years but I have also be buying another trading pot for a bounce to £1.60.

[b1nky] 02/9/2021 12:20

Today's move????Whenever this stock blips up I think "IT" is about to happen. I'm sure this stock will get bid for. When? Who knows! In the meantime, the company is doing very well and is extremely undervalued. But moves like today always get my hopes up. Any thoughts anyone!

[w1lbur01] 02/9/2021 11:31

Are we off?

[boozey] 31/8/2021 16:43

Nice finish - news tomorrow?

[w1lbur01] 23/8/2021 15:35

SMALL CAP SHARE IDEAS: M&C Saatchi https://mol.im/a/9919085

[w1lbur01] 18/8/2021 16:38

With that close maybe update tomorrow