M&c Saatchi Share Discussion Threads

[finkie] 26/7/2023 12:48

But short term the floor on the charts looks around 125p to me.

[finkie] 26/7/2023 11:04

agreed and share price drifting down buyers wont have a better timing opportunity.....

[stemis] 24/7/2023 12:03

CEO Moray MacLennan to 'retire'. Seems a little strange after having fought off the two bids and before a new CEO is appointed. Advt still sit with 22.2%. Probably not interested anymore but could be key to delivering the company in a potential bid situation. Now would be the time to strike...

[finkie] 14/6/2023 11:41

yes it was overdone reclaimed some ground this morning

[finkie] 14/6/2023 07:36

Hi QS99 i thought slightly overdone the share price fall unless they are sugar coating the it will get worse in the second half of the year....

[qs99] 14/6/2023 07:10

heavy 2nd half weighting to what looks like IMO "tight" results. Risk profile not for me after that RNS DYOR

[colinroberts] 30/5/2023 20:38

Thanks for that

[x54v] 30/5/2023 17:36

“In the latest in our Smart Small Caps series, Jemma Slingo talks to Octopus Investments about why M&C Saatchi has turned a corner…

The shares have yet to recover from the 2019 scandal, which involved overstated revenues and understated costs. However, things are on the up – at least according to Richard Power, head of the quoted smaller companies team at Octopus Investments.

“It has got its mojo back,” he said. “But people are still looking in the rearview mirror.”

Power is enthusiastic. “For the rating it’s on today, and the growth it’s likely to achieve over the next five years, have we got an investment that’s likely to achieve quite significant returns? Absolutely. And I say that acknowledging that we could well see some headwinds in the next 12 or 18 months. At the entry point today, the opportunity is substantial.

Five years feels like a long time for a company with a history of volatility. However, the group is responding well to the new management team, and feels significantly more dynamic than it did a few years ago. The market doesn't seem to have clocked this, and despite its expertise in brand-building, M&C Saatchi is often still portrayed as outdated and slow-moving. Things could be about to change.”

[tole] 19/4/2023 16:46

https://masterinvestor.co.uk/equities/small-cap-round-up-pubs-ports-and-steel/M&C Saatchi (LON:SAA) – Liberum Target 260pThis advertising and marketing services group yesterday announced its audited results for the year ended 31 December 2022.The company has delivered another year of record results with its highest ever net revenue, Headline operating profit, Headline profit before tax and Headline earnings.Revenues of £271.1m were 8.7% ahead, while its pre-tax profit was 16.5% better at £31.8m (£27.3m), with earnings 31.9% better at 14.9p per share.The cost of defending itself against a couple of bidders saw net cash fall to £30.0m (£34.4m).The £207m group, which is continuing to win loads of new business, is guardedly optimistic about the current year despite the macroeconomic uncertainties.Its shares, now at 169.5p, are well below the Liberum price objective of 260p, so they could be offering some sizeable upside.

[x54v] 19/4/2023 07:55

“A share with speculative appeal. Buy.”

[its the oxman] 18/4/2023 18:48

Yes ,bizarre pm collapse. Nice opportunity to buy.

[finkie] 18/4/2023 17:59

No one interested in this stock it seems on here? Big fall today traded this a couple of times and tempted to get in again at around 150p if the market allows….

[x54v] 01/4/2023 07:26

Interesting appointment of Zillah Byng-Thorne as independent Non-Executive Chair.

—-

“Her recruitment is likely to be regarded as a coup by investors.

During her tenure at Future, she oversaw rapid growth in its earnings and share price, transforming it from an 'old media' magazine publisher into a digitally-led group.”

[x54v] 22/3/2023 10:37

Yes, heavy volume again. Could be Artisan Partners adding.

[finkie] 22/3/2023 10:24

Lumpy buys early today 800,000 total at 189p

[colinroberts] 15/3/2023 12:21

Interesting interview thanks, esp hearing about the different strands of work they do and their relative values. I might be tempted back in if there’s a dip - not that long since i got out.

[x54v] 14/3/2023 20:55

from 47:10

[x54v] 21/2/2023 08:46

Huge trade there.

3.8m @ 200p.

[its the oxman] 17/2/2023 15:39

If a bid comes it will need to be at a decent premium to get support. Meantime perhaps we will consolidate above 200, though more positive news and rises in the share price seem likely.

[x54v] 17/2/2023 15:02

The recent price rise has certainly been relentless.

ADVT bought 12 million at 200p so saw strong value at that level. And that was before the recent positive updates. Others are bound to be interested.

[its the oxman] 17/2/2023 14:47

Very possible but with business doing well, problems behind us, and an exciting growth outlook, do we want the distraction of another bid? Er yes please, but might need to start with a 3 this time.

[x54v] 17/2/2023 14:39

Very strong momentum. Another bid on the way?