S4 Capital Share Discussion Threads

[auson1] 10/4/2024 15:17

No that was me, just bought them back at 57 and change

[tongosti] 10/4/2024 14:52

What makes you think I sold

[auson1] 10/4/2024 14:46

A small retrace is good after several days of strong rises, especially if you sold a load at 61p this morning pre CPI, which most commentators knew was going to come in hot.

[tongosti] 10/4/2024 14:25

61.65 is key to that

[tongosti] 10/4/2024 14:24

As long as we cancel that action we're fine.

[tongosti] 10/4/2024 14:24

I am talking about 10:30 uk time

[nige co] 10/4/2024 14:15

USA March CPI 3.5% Y/Y Versus 3.4% expected. Caused a tree shake.

[mister md] 10/4/2024 14:11

Over-reaction to inflation data ...

[tongosti] 10/4/2024 14:06

Two very nasty 15 min sell bars today ...

[nige co] 10/4/2024 11:36

Some large trades, total volume 7,879,800 according to ADVFN. Correction Investing.com reporting 5m.

400,000 X2
875,000 x2
1,189,688

[bloomberg2] 10/4/2024 09:57

Interesting

[nige co] 10/4/2024 08:48

www.marketing-beat.co.uk/2024/04/09/sir-martin-sorrell-cookies/

[nige co] 10/4/2024 08:48

www.marketing-beat.co.uk/2024/04/09/sir-martin-sorrell-cookies/

[bloomberg2] 10/4/2024 08:34

Good man !! SMS old hand at turn around situations

[mister md] 10/4/2024 08:21

Added more yesterday and this morning - average has gone up from <50p to 56p currently, but reasonably comfortable with that. Holding for the longer term. GLA.

[josh54] 09/4/2024 18:17

Wonder how millennium International are feeling about the short they nearly placed

[tongosti] 09/4/2024 15:09

Did you get it?

[tongosti] 09/4/2024 15:08

+62% from 38p reversal point. Hard to believe that was only a few days ago. Nothing like price to change sentiment.

[tongosti] 09/4/2024 15:03

You're welcome pal and welcome onboard.

[glad31] 09/4/2024 14:45

Thanks for your reply Tongosti.

In response to the other comment I’ve been observing this board over months, but only became a member yesterday, so I could comment!

[tongosti] 09/4/2024 14:37

Glad31
you're welcome and good to hear you're finding it all useful. In general terms, I use price to sales as a (very) rough guide but only for reference purposes and never as a trading tool. With that in mind, a p/s=1 would imply a share price of about 180p. In turn that would equate to almost +350% from my entry price.

During S4's previous bubble p/s=4, mind you!

Like you say, no one has a crystal ball so the above is just fantasy, at the moment.

Having said all that, I never hold a position simply because p/s tells me this maybe cheap (that's the fast road to the poorhouse as we have seen with too many on here all the way down from 850). Cheap can always get cheaper (and so do fundamentals along the way).

The tragedy of fundamental-driven investing is that most have completely run out of cash when share price is at it's cheapest. Now for example is the time to go all in on S4 but unfortunately most are simply hoping for the share price to breakeven to their much higher entry levels. As for profit, that's wishful thinking at the moment.

In other words, I stay with my position for as long as my trailing stop (rising in lockstep with the trend) is not violated AND the trend is well behaved. If so, then P/S metric simply gives me an idea on how much gas maybe still left in the tank but that's it. It is simply an idea that will have to be proved or disproved by market action. If Mr Market decides otherwise, I eat humble pie and oblige.

Been doing this for 20+years and have learned the (very) hard way to stay with the position for as long as the trend it up and never switch to fundamental second guessing if the share price steps off the uptrend.

Good luck.

[careful] 09/4/2024 14:31

Rough guess SFOR should be valued over 50% of turnover.
Some way to go yet, and it will be worth more to a bigger player because of synergies.

Looking for nNorth of 100p, and that would still be very cheap.
The recent collapse in the share price was overdone.

[rackersthedon] 09/4/2024 14:30

Glad31
Member since: 08 Apr 2024
FREE



🤣

desperate

[nige co] 09/4/2024 14:19

Volume of shares traded so far....

Buys 2,230,700
Sells 870,250
Unknown 493,555