Wpp Share Discussion Threads

[montyhedge] 30/1/2019 22:20

I see S4 Capital Sorrell's shell company touch a new high today.

[tomke22] 23/1/2019 10:47

The chart looks like a recovery but it depends whether WPP can evolve to capture the advertising spend in the new market. Maybe the market has permanently changed from TV and print to online ads.

The mainframe computer manufacturers used to sell boxes for $5m and then 4 years later the same powered box cost $500k. There was no way they could recover their profitability.

Tom

[mister md] 19/12/2018 11:11

wow, price chart starting to show early signs of recovery in this brutal market

[careful] 11/12/2018 08:47

a decent strategy update.
this year will be close to guidance.
reassuring.

with a pe of around 5 and high historic yield, not sure what guidance is.

[careful] 22/11/2018 13:18

A company this size cannot be reliant on just a handful of individuals.
Succession planning is vital.

[montyhedge] 22/11/2018 10:00

S4 Sorrell new company just poach a top ex WPP guy.Big big mistake getting rid of Sorrell.

[careful] 22/11/2018 09:12

is there any hope for Wpp.
Still holding but this is collapsing with never a word or update.
So little information about this business.

[tbr25] 21/11/2018 20:09

Interesting that the group has stoped being a partner for 2019 with sorrells favourite junkit, WEF Davos,the employer of Lady Sorrell. The other global agency groups are still partners. It would have been difficult for Mark Read to cope with stepping into Sorrells snow shoes but no doubt Sorrell will be getting a free by pass from his good lady. Could she get one for Carlos Ghosn too as he is big there but Renault/Nissan unlikely to cough up.

[montyhedge] 19/11/2018 21:29

Of course the big big mistake sacking the No.1 man.

[plat hunter] 08/11/2018 19:20

End of the cycle and I've come circling to find a bargain. I'm going to watch this go to sub 500 before starting to add, what will then a be a monster dividend bargain.

[hatfullofsky] 01/11/2018 11:30

MCAP 11B / Debt 5B / HY uPBT £735M

Consensus FY18 ePBT £1.83B / £1.3B for recent margin reduction = x 8.46

Kantor valued at £3.5B and for sale (underperforming)

I would say WPP has been overly battered on the recent market worries and now is the time to start building a position.

Negatives

December statement will show the cost of Restructuring
Debt high in rising interest rate market
Losing significant accounts

[montyhedge] 30/10/2018 08:56

Analyst said three years for a turnaround. Will the dividend be cut in future?

[grahamite2] 29/10/2018 09:58

The way investment professionals avoid disaster is by never committing too much to any one stock. There is no other way. They sometimes get it totally and utterly wrong just like the rest of us.

[careful] 29/10/2018 09:46

a fall of almost 60% in less than 2 years is a disaster.
no doubt the new management and the promise of drastic action will result in huge write downs at year end.

still holding, the consensus was that this was a sound company 2 years ago.
These highly paid professional investors could not get it that wrong could they?

[blondviking] 29/10/2018 09:11

Looks like freefall! Any guesses as to the bottom?

[pogue] 27/10/2018 13:02

careful
I did the same as you but I sold yesterday at a loss. I see a recession coming due to the influence on world trade by Trump hence bad times for the advertising industry which does not fair well in downturns as company budgets on everything are cut especially advertising. I maybe wrong but its going to take something spectacular for this one to recover to my purchase price. Fortunately only a low level punt by me so the losses are not painful.

[careful] 27/10/2018 10:01

You just have to hope that this random collection of businesses knows what it is doing and is adapting to change in the smartest way possible.

'Never buy share that you do not understand, keep it simple' said Buffett.
Well I do not have a clue about this business that Sorrell created or what its prospects are going forward.

I bought after the share price fall during the Sorrell incident but I am now well down. Not a chartist, but the trend is strongly down, with never an encouraging comment from any quarter.

Holding and hoping, advertising is a huge industry.

[declan2] 26/10/2018 16:34

Added a few

[grahamite2] 26/10/2018 09:05

I don't go for gloating at the misfortunes of others. But TradeJunkie could easily be right. Hard times are exactly when a business should be spending more on advertising, but in practice they usually do the opposite.

[tradejunkie2] 25/10/2018 14:45

Lovely day today.

One stock for the recession portfolio watch list waiting for much cheaper prices.

[careful] 25/10/2018 13:45

a pity that they could not get the debts to walk out of the building.

[grahamite2] 25/10/2018 12:06

careful 25 Oct '18 - 09:19 - 552 of 558

Strip out intangibles and net assets are below zero.

The Chairman of J Walter Thompson, years before it was taken over by WPP, said the trouble with his business was that the assets walked out of the building every day at 5 o'clock.