Wpp Share Discussion Threads

[yflin0324] 14/4/2018 23:37

I guess short term would be chaos and volatile, lots of investors must be unprepared

[danieldruff2] 14/4/2018 23:27

Perhaps they will go up - his replacement will surely be paid much less!

[smurfy2001] 14/4/2018 23:02

Looks like he's quit.

Will the shares drop a fair bit Monday?

[woodhawk] 10/4/2018 18:09

Has notimpressed become nonexistent?

[asturius101] 10/4/2018 16:37

notimpressed or wpp?

[ccr1958] 10/4/2018 15:30

She wants to go blue !

[asturius101] 10/4/2018 08:42

nothing can keep this down at the moment it seems

[asturius101] 09/4/2018 19:39

lol touche

[notimpressed] 09/4/2018 19:19

asturius, about 5ft 9inches

[asturius101] 09/4/2018 18:51

so you're not short then? lol

[notimpressed] 09/4/2018 18:28

woodhawk you need to change your diet to a less acidic formula
calm down, relax.
I don't have an agenda.

[careful] 09/4/2018 18:23

Hard to believe a company employing 200,000 is a one man band.
Sorrell can't be everywhere.

[woodhawk] 09/4/2018 18:19

LOL - shame you didn't bother to quote any of the more positive aspects of the article, notimpressed. Clearly you only quote what suits your own agenda.

[notimpressed] 09/4/2018 17:54

from the guardian

""However, observers believe if the investigation goes against Sorrell the fallout for WPP, and the wider global advertising eco-system, will be rapid and catastrophic."

“If Martin falls, WPP falls,” said one top advertising executive. “There will be chaos. The industry is not prepared, clients are not prepared. In the short term there will be chaos. The advertising industry is run like show business, it’s all about short-termism and that’s the problem.”

the investigation could be complete next week

[woodhawk] 09/4/2018 16:57

Nice strong close at the day's high.

[winner31] 09/4/2018 13:04

ShareCast News) - News that WPP has taken steps to prepare for life after chief executive Sir Martin Sorrell and that investors are pushing for asset sales combined to lift shares in the advertising giant on Monday morning.
The FTSE 100 conglomerate last week launched an investigation into allegations of personal misconduct by Sorrell, who has denied the allegations. If not before, there is likely to be an update when WPP announces its first quarter trading statement on Monday, 30 April.

On the short list so far are three internal candidates, The Times reported: Mark Read, chief executive of WPP's wholly owned digital agency subsidiary Wunderman; Lindsay Pattison, chief transformation officer of WPP's Group M media investment management company; and Johnny Hornby, founder of WPP-backed The & Partnership. WPP also has a list of several external candidates that is being "constantly refined", it was reported.

Investors are also take the opportunity to push for a break-up of the firm's vast global portfolio of subsidiaries, it was also being reported, partly as the sheer size and complexity of the business is felt to make the task even more difficult for any Sorrell successor.

Sorrell has run WPP since 1986 when he took control of Wire & Plastic Products, a maker of wire baskets, and used it as a vehicle to begin a never-ending quest to acquire advertising and marketing companies all over the globe. Sorrell has also regularly been the top-paid FTSE 100 boss, leading to complaints that the board allows him to dominate the company.

Investors are calling for a sale of Kantar, WPP's £3.5bn market research arm, the Mail reported, with the cash proceeds to be used to pare debt, pay buybacks and focus on the core businesses.

[woodhawk] 09/4/2018 10:11

I concur, Asturius101. In the meantime, now in profit and looking forward to a nice divi in due course. Should be breaking above 1200p soonish, imo - prob by trading statement end this month.

[asturius101] 09/4/2018 09:57

i think we all know what is going on if you read between the lines. MS will be fully exonerated but perhaps may realise that its time to start slowly handing over aimho etc

[winner31] 09/4/2018 08:12

Successor to Sorrel identified ,got to be good news for hard pressed shareholders

[ccr1958] 08/4/2018 18:46

Lawyers all over this alleged Sorrell ‘ scandal’ could do without this !

[blueteam] 06/4/2018 14:31

the buyback continues till £13 so a way off yet.

[woodhawk] 06/4/2018 10:40

"analysts at Liberum speculated that one outcome of the probe into Sorrell could be the sale of WPP’s data management business.

The market research unit — much loved by Sorrell — generates 15% of WPP’s sales and could fetch about £3.5 billion."

[asturius101] 06/4/2018 10:16

everyone seems to want to get in now - early signs of a very definitive uptrend imo. A broker note re-rating to 1,750 GBP also helps methinks! imho IMB is another one looking like the downtrend cld be turning...

[woodhawk] 05/4/2018 14:22

Better and better...