March 2021

 Stock I'm watching this month:-

WPP - WPP AUNZ Ltd

Sector: Telecommunications  
Market Cap: 575.2 Mil
Price/Earnings: N/A
Price/Book: 1.77
Return On Equity: -36.25%
Return On Assets: 2.25%
Debt/Equity: 46.68%

Reasons to watch: WPP AUNZ provides marketing, content and communication services in Australia and New Zealand. It's services include media, content, advertising, public relations, branding, etc. Global holding company WPP  launched a take over at $0.7 a share. Pricewaterhouse Coopers has assessed the company fair value between $0.62 and $0.80 a share. 

Risk: The WPP board has recommended shareholders to accept the takeover. If there are  no other offers on the table, the share price will likely be capped at $0.70 a share.  

Sentiment: Hold
Disclosure: Held
Current Price: $0.66
My Strike Price: $0.6 (Morningstar Intrinsic Value: $0.75)


Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.

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