Thursday, July 16

Business

Interesting market developments encircled WPP ScanGroup in this review period. The counter’s share price has been on a rally albeit a sharp decline in its bottom line (-1,191.1% y/y) in the just-released FY20 results.

The uptick – that comes after a sequential diminution – is on the back of the exoneration of the suspended senior management that boosted investor confidence given the fact that there was no adverse effect on the counter’s financial performance, position and/or operations linked to the aforementioned. We opine that the rally will continue in the near term to 2Q21 levels as investors accumulate on the earlier exited positions.

These associations offer some information and services for free although one needs to become a member and pay a fee to access their full range of information, resources and services. By becoming a member of the peak body one can give his/her business credibility as membership proves to customers that you have met strict criteria and have certain qualifications and experience.

That is why we have strict criteria on who can become a member of our organisation in an industry inundated with fraudsters from all corners. 

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