Oh dear, oh dear. News just out that the Poisoned Dwarf’s latest black star... S4 Capital is showing operating losses that have ballooned on never-ending acquisition costs and rising staff pay. The company had already warned about lack of profits this summer, sending its shares tumbling. Additionally, employee costs at the rapidly expanding group had spiraled ahead of revenue and profit growth. Remember, he did the same thing at WPP, acquiring more than 600 companies over thirty years, the vast majority of which quickly disappeared.
Yes indeed!!!