{"id":1419,"date":"2019-12-04T23:43:54","date_gmt":"2019-12-04T23:43:54","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1419"},"modified":"2019-12-05T10:13:01","modified_gmt":"2019-12-05T10:13:01","slug":"mc-saatchi-5-12-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/12\/04\/mc-saatchi-5-12-2019\/","title":{"rendered":"M&C Saatchi 5\/12\/2019"},"content":{"rendered":"\n

#Nasdaq #Dax <\/strong>As the latest company to discover “accounting errors”, Saatchi share price has plummeted and prompted a few emails. One puzzle has been finally answered, the reason why large corporate accountants seem to change their names? After all, being associated with a major ‘oops’ certainly justifies a swift adjustment of identification. The current acronyms investigating Saatchi, PwC, were brought in once the previous acronym KPMG were dismissed.<\/p>\n\n\n\n

Perhaps someone at KPMG shall now suggest the company \nuse their full name in future, to dissociate themselves from the Saachi debacle. \nAfter all, Price Waterhouse Coopers successfully left a few scandals behind with \ntheir rebranding… All joking aside, there are currently just 4 true \ninternational auditors, 3 of which are UK based with KPMG being Netherlands. \nCorporate bodies are not spoiled for choice, when choosing their auditors.<\/p>\n\n\n\n

The writer should perhaps admit to grinding an axe, once paying a large tax sum which could have been substantially reduced, blissfully unaware corporate accountants (mentioned previously) were treating his personal tax liability as “small fry”. Twenty years later, it still irritates.<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n

Saatchi share price movements, while dire, appear to be \nprovoking discussion about a possible takeover attempts anytime now. From our \nviewpoint, the share has not yet reached bottom as it appears on track for 40p. \nCertainly, we would expect a bounce around such a level, if only due to it being \nimpossible to calculate below such a point. To get out of trouble, any miracle \nrebound needs exceed 161p currently, visually an impossible task without the \npresence of game changing news.<\/p>\n\n\n\n

We suspect, quite strongly, this shall prove worth \nkeeping a close eye on in the days\/weeks ahead. While the low on the 4th of 69p \nwas certainly “close” to our 40p calculation, from an immediate perspective \nbelow 69p should initially target 63p as “last chance saloon”. If 63p breaks, a \njourney down to the 40p level looks inevitable.<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n<\/p>\n\n\n
\n\t

Time Issued<\/font><\/td>

\n\t

Market<\/font><\/td>

\n\t

Price At Issue<\/font><\/td>

\n\t

Short Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Long Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Prior<\/font><\/td> <\/TR>\nFUTURES<\/font><\/a>

\n\t

10:43:01PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

62.89<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

11:02:16PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1475.41<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n

\n\t

11:04:07PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

7196.15<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n

\n\t

11:06:35PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

5808.8<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

11:09:21PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

13155.74<\/font><\/td>

\n\t

13022<\/font><\/td>

\n\t

12964.5<\/font><\/td>

\n\t

12895<\/font><\/td>

\n\t

13088<\/font><\/td>

\n\t

13174<\/font><\/td>

\n\t

13208.25<\/font><\/td>

\n\t

13249<\/font><\/td>

\n\t

13098<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

11:11:09PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

3111.42<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

11:14:08PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

27653.6<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

11:16:24PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

8298.07<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

11:18:48PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

23355<\/font><\/td>

\n\t

23172<\/font><\/td>

\n\t

23119.5<\/font><\/td>

\n\t

23033<\/font><\/td>

\n\t

23313<\/font><\/td>

\n\t

23379<\/font><\/td>

\n\t

23416<\/font><\/td>

\n\t

23591<\/font><\/td>

\n\t

23236<\/font><\/td>

\n\t

<\/td> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

4\/12\/2019 FTSE Closed at 7188 points. Change of 0.42%. Total value traded through LSE was: \u00a3 5,653,961,334 a change of -20.69%<\/h><\/p>\n
3\/12\/2019 FTSE Closed at 7158 points. Change of -1.74%. Total value traded through LSE was: \u00a3 7,128,755,265 a change of 21.45%<\/h><\/p>\n
2\/12\/2019 FTSE Closed at 7285 points. Change of -0.83%. Total value traded through LSE was: \u00a3 5,869,768,076 a change of 26.83%<\/h><\/p>\n
29\/11\/2019 FTSE Closed at 7346 points. Change of -0.94%. Total value traded through LSE was: \u00a3 4,628,092,745 a change of 28.25%<\/h><\/p>\n
28\/11\/2019 FTSE Closed at 7416 points. Change of -0.17%. Total value traded through LSE was: \u00a3 3,608,679,537 a change of -31.8%<\/h><\/p>\n
27\/11\/2019 FTSE Closed at 7429 points. Change of 0.35%. Total value traded through LSE was: \u00a3 5,291,535,835 a change of -43.03%<\/h><\/p>\n
26\/11\/2019 FTSE Closed at 7403 points. Change of 0.09%. Total value traded through LSE was: \u00a3 9,287,781,943 a change of 67.52%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#Nasdaq #Dax As the latest company to discover “accounting errors”, Saatchi share price has plummeted and prompted a few emails. One puzzle has been finally answered, the reason why large corporate accountants seem to change their names? After all, being associated with a major ‘oops’ certainly justifies a swift adjustment of identification. The current acronyms … <\/p>\n

Continue reading “M&C Saatchi 5\/12\/2019”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1419","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1419"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1419\/revisions"}],"predecessor-version":[{"id":1420,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1419\/revisions\/1420"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1419"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}