S4 Capital - SFOR on LSE - Mcap £680m at 120p - Advertising/marketing roll-up play, headed by Sir Martin Sorrell who built WPP from a cash-shell to its current state - down c40% on today’s trading update/guidance downgrade. Now approaching similar EV/EBITDA to peers despite much higher historical growth rate. There is a lot of risk here given the number…
S4 Capital - SFOR on LSE - MC £680m at 120p - Advertising roll-up play, headed by Sir Martin Sorrell who built WPP from a cash-shell to its current state - down c40% on today’s trading update
Recent insider buys from Sir Martin and Scott Spirit
