image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

S4 Capital

June 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SFOR
  • Price:
  • 586p
The shares moved towards £6 after S4 said revenues and gross profit had soared 71% to £122m and £104m, respectively,  in Q1. Average net cash was £50m. In the light of the statement it has also raised its full year guidance from +25% to +30% like-for-like revenue and profit growth accompanied by strong EBITDA margins. S4’s former WPP boss, Martin Sorrell, famous for his Mystic Meg forecasts, now expects the vaccine led rebound to drive 20% annual growth in digital advertising and intends  to exploit this through the issuance of a corporate bond to finance accelerated M&A activity. Numis reckons he will raise £250m, which using his 50:50 cash:debt formula would equate to £ ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X