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WPP ScanGroup Plc FY 2019
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littledove
#91 Posted : Thursday, August 26, 2021 12:24:59 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
3.50! foreigners are exiting in numbers
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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VyaBureSiachi
#92 Posted : Tuesday, August 31, 2021 4:36:09 PM
Rank: New-farer

Joined: 2/27/2018
Posts: 59
Location: Cambrian Dc
Today was d-day, what happened? Anyone with info?
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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VituVingiSana
#93 Posted : Tuesday, August 31, 2021 5:38:53 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
VyaBureSiachi wrote:
Today was d-day, what happened? Anyone with info?

Not yet midnight Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#94 Posted : Wednesday, September 01, 2021 5:56:20 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
VyaBureSiachi wrote:
Today was d-day, what happened? Anyone with info?

Not yet midnight Laughing out loudly Laughing out loudly Laughing out loudly


Loss from continued operations ksh.1.7bn
Profit for the year ksh.382.8mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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VyaBureSiachi
#95 Posted : Wednesday, September 01, 2021 8:02:22 AM
Rank: New-farer

Joined: 2/27/2018
Posts: 59
Location: Cambrian Dc
Ericsson wrote:
VituVingiSana wrote:
VyaBureSiachi wrote:
Today was d-day, what happened? Anyone with info?

Not yet midnight Laughing out loudly Laughing out loudly Laughing out loudly


Loss from continued operations ksh.1.7bn
Profit for the year ksh.382.8mn

Thanks. Bad but not entirely terrible. I was expecting a restatement of previous years.
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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Receptor
#96 Posted : Wednesday, September 01, 2021 8:36:56 AM
Rank: Member

Joined: 7/1/2019
Posts: 119
VyaBureSiachi wrote:

Thanks. Bad but not entirely terrible. I was expecting a restatement of previous years.


The muhindis have been vindicated. When is Half year 2021 results due?
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VituVingiSana
#97 Posted : Wednesday, September 01, 2021 6:08:22 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
VyaBureSiachi wrote:
Ericsson wrote:
VituVingiSana wrote:
VyaBureSiachi wrote:
Today was d-day, what happened? Anyone with info?

Not yet midnight Laughing out loudly Laughing out loudly Laughing out loudly


Loss from continued operations ksh.1.7bn
Profit for the year ksh.382.8mn

Thanks. Bad but not entirely terrible. I was expecting a restatement of previous years.
The "loss" seems primarily related to write downs of acquisitions which is understandable in this economic environment. We have seen FV losses for many firms including Centum.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Magnetic Touch
#98 Posted : Friday, September 03, 2021 2:45:06 PM
Rank: Member

Joined: 12/31/2008
Posts: 90
@VVS, the market seems to have digested the news and has been sufficiently reassured.
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Elephant Man
#99 Posted : Thursday, September 09, 2021 10:41:37 AM
Rank: Member

Joined: 12/24/2008
Posts: 112
Is a share buy-back loading as is currently happening with WPP stock on London's Stock Exchange?

Or a buy-out and delisting of minorities as they did in Australia earlier this year?
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VituVingiSana
#100 Posted : Friday, September 10, 2021 8:38:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Elephant Man wrote:
Is a share buy-back loading as is currently happening with WPP stock on London's Stock Exchange?

Or a buy-out and delisting of minorities as they did in Australia earlier this year?
Eitehr way, Thakrar is winning! His stake is up 40% since the results were announced.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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