Wpp Share Discussion Threads

[trikytree] 08/10/2020 11:27

Ex div and up? 😃

[ygor705] 07/10/2020 08:25

The share price has recovered well over the past week or so and is close to breaking into new territory. Have the MMS got a sniff of something?

[ygor705] 02/10/2020 15:49

See the share price relative against SFOR has improved a lot over the last week. I also note that Saatchi's shares have been suspended for dodgy accounting. Interesting times!

[boozey] 16/9/2020 20:47

Ygor, that is like asking why all tech companies that were vapourware in the dotcom era had soaring share prices while those that made profits went sideways. I remember a Microsoft conference in 1999 when Bill Gates made exactly this point and joking he was trying to figure how he could make Microsoft lose money so the share price would go up. The point is there is no logic in your market - but the trend is your friend however. I absolutely agree with your point. But I am sitting on over 100% profit on SFOR and less than 10% here. Given the former is in the digital space I would back SFOR to get to £5 before WPP is at £7. I hold both.

[ygor705] 16/9/2020 11:03

With SFOR powering ahead on the back of dodgy looking accounting, I am at a slight loss to see so little reaction at WPP - especially with Martin Sorrell still holding 2% of it. Surely it is reasonable to assume that the market leader (itself well on with an internal reorganisation) should be enjoying at least some of the recovery being ascribed to the wide diversity of businesses being stitched together by SFOR. The share price is showing some signs of life but little sign of having a following.

[discodave45] 09/9/2020 11:14

S4 - not exactly easy to decipher the underlying performance IMO, on the face of it they look good as you say but what else would you expect.

[ygor705] 09/9/2020 09:34

S4 Capital results look good this morning but then they would wouldn't they? We are, after all, being seduced by a master of PR who needs to keep his share price moving forward to feed his acquisition frenzy. I do wonder about the bottom line earnings adjustments at S4 and given the meteoric rise in its share price its on my watch list for the time being. Hopefully, the good results being produced by MS and his crew should feed into WPP but it may take time for it to reflect in the share price.

[nortic 007] 06/9/2020 17:01

Any thoughts DD45 ?

[nortic 007] 06/9/2020 17:00

I might just hedge my bets then and buy into the opposition....I was fortunate enough to buy some cheap ones(WPP) so I've got a cushion for now....

[ygor705] 06/9/2020 14:04

Sorry, I should have mentioned that the PR profile was in the business section of the Times. To my mind, Sorrell must be a man driven by revenge. I suspect that he'd love to grow a company big enough to bid for WPP. Unfortunately, he's got a fair way to go, the businesses that he's buying will need to be properly organised, Covid is still a problem for the sector and at 75 he's getting a bit long in the tooth to run high pressure businesses on a hands-on basis. Nevertheless, his personal intensity might persuade me to take a stake in S4 as well as WPP.

[discodave45] 06/9/2020 12:10

He also said WPP is no longer fit for purpose.......what would you expect him to say!.Their H1 will be interesting though.

[nortic 007] 06/9/2020 10:37

Thanks for your thoughts ygor705

[ygor705] 06/9/2020 10:13

The PR for S4's results this week started this morning with a lengthy profile on Martin Sorrell. Obvious side swipes at WPP but perhaps less than I would have expected from a supposed bitter enemy. Surprisingly (for me at least) he still holds a 2% stake in WPP and believes that there is still value in the company. Praise indeed from a major competitor!

[discodave45] 04/9/2020 18:24

Anybody got any earnings forecasts?

[nortic 007] 04/9/2020 07:11

WPP PLC AcquisitionSource: UK Regulatory (RNS & others)TIDMWPPRNS Number : 0080YWPP PLC04 September 2020 4 September 2020 WPP PLC ("WPP")AcquisitionWPP acquires Velvet ConsultingParis, 4 September 2020: WPP announces today that Wunderman Thompson has acquired Velvet Consulting, a leading French customer experience consultancy.By combining marketing, data science and technology, Velvet Consulting enables its clients to better understand and communicate with consumers to deliver business growth.The acquisition supports WPP's wider strategic transformation, a key part of which is investment in technology services. In particular, Velvet Consulting's expertise in omni-channel consumer engagement further strengthens WPP's end-to-end marketing and technology consulting services in France.From strategy through to technology implementation, Velvet Consulting provides a fully-integrated global consulting approach to help businesses become more client-centric by combining marketing, data, digital, technology and creativity. Velvet's technology partners include Adobe and Salesforce.Founded in 2004 by Fabienne Magot and Robert Picarel, Velvet Consulting has offices in Paris and Toulouse, employing 200 people. Its clients include L'Oréal, Sephora, Schneider Electric, Fnac Darty, La Poste Group, Pierre Fabre and Sanofi.Further informationNiken Wresniwiro, WPP+44 (0)20 7282 4600 / [phone] WPPWPP is a creative transformation company. We use the power of creativity to build better futures for our people, clients and communities. For more information, visit www.wpp.com .This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDACQUPUGCBUPUGMW(END) Dow Jones NewswiresSeptember 04, 2020 02:00 ET (06:00 GMT)

[boozey] 03/9/2020 12:55

Ygor, I agree it will be interesting to make comparisons. I am invested in both but SFOR has out performed WPP by a country mile. You have to back Sorrell over WPP given history. Expecting a major bluechip addition to the client set atSFOR next week given recent hints.

Sorrell is on record as wanting to match WPP for market cap during his tenure. So that means SFOR has to more than double from where it is now at 370p.

[ygor705] 03/9/2020 12:39

S4s numbers are out next Wednesday ....... it will be interesting to make comparisons

[ygor705] 03/9/2020 12:27

I have been looking at the chart for S4 Capital this morning and wondering why it is looking so much stronger than that of WPP. On fundamentals we should be looking at least as strong but it is just not happening at the moment. Will our CEO be outfoxed by a 75 year old?

[nortic 007] 28/8/2020 06:59

WPP Shares Climb as It Says the Worst of the Crisis Is Likely OverSource: Dow Jones NewsBy Alexandra Bruell WPP PLC shares jumped Thursday after the ad holding company reinstated its dividend and said the impact of the coronavirus crisis in the second quarter wasn't as bad as it had feared.WPP, which owns GroupM and VMLY&R, reported global revenue of GBP2.3 billion ($3 billion) in the second quarter. Like-for-like revenue, which strips out the effects of acquisitions and disposals, fell 15% in the quarter. Like-for-like revenue was down just under 10% in the U.S., compared with declines of over 23% in the U.K. and India."We had a resilient performance in a challenging environment," WPP Chief Executive Officer Mark Read said on an earnings call. "The second quarter was slightly better than we had expected, and significantly better than some of the worst-case scenarios we had looked at back in March."WPP restarted its dividend program with an interim payment of 10 pence a share. The company had suspended dividend payments and withdrew its financial guidance for the year in March, citing the uncertainty caused by the pandemic.WPP said it is cautiously optimistic that the worst of the crisis is over."Assuming there is no second wave nor major lockdowns, the second quarter is expected to be the toughest period of the year, although we remain cautious on the speed of recovery," Mr. Read said in a statement.Shares in WPP were up 6% at $43.75 in morning U.S. trade.For the entire first half, profit before tax was down 44% at GBP276 million. Diluted earnings per share were down 45% at 15.4 pence. Goodwill impairments and other write-downs for the first half totaled GBP2.74 billion, driven by impairments at agencies Wunderman Thompson and VMLY&R, as Covid-19 led to higher discount rates used to value future cash flows, a lower profit base in 2020 and a lower industry growth rate, the company said.WPP won a significant amount of business in the first half, including work from Intel Corp., HSBC Holdings PLC and Unilever in China, Mr. Read said.GroupM underperformed other parts of WPP's business as many large advertisers reduced their media spending in the quarter. Compared with public-relations firms, for example, the ad-buying group's revenue is highly dependent on how much clients spend on media.Before the pandemic, WPP had embarked on a three-year turnaround plan after taking large account losses and concluding that the business had become unwieldy. The company merged a number of agencies and completed the sale of 60% of data unit Kantar last year.Write to Alexandra Bruell at [e-mail] (END) Dow Jones NewswiresAugust 27, 2020 12:07 ET (16:07 GMT)Copyright (c) 2020 Dow Jones & Company, Inc.

[nortic 007] 27/8/2020 21:13

https://www.ft.com/content/644dc746-b0fa-42c5-898a-66c510af710c

[nortic 007] 27/8/2020 21:06

Good point DD45 ...... thank you

[discodave45] 27/8/2020 21:01

Think 'reasonable' is about right. Even excluding impairments profit would only be 25% of last year.

[nortic 007] 27/8/2020 20:34

Great post