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Will be well up soon, Iran Israel will calm down
Imo when them Yanks awaken... later this afternoon here, they're going to absolutely pummel stocks downwards.
I'm in for another £33k at 13.07p.
No Tr1's since kitchen sinking this so, in my view, there us some big money to be made here.
DYOR etc.
And now normal service is resumed. 13p
We may even see that 12p - today or bust methinks
Bears be looking Hangry....
The ask is 60p on lse - if only...
Trenners
Agree with your thoughts!
The current Governance process is used as a blocker to change, this needs to change. I also see the CTO changing as well. It makes sense.
Once we get dividends and FCF we are good!
I see this starting to speed up!
Lets hope August shows the direction ahead!
Almost £3 billion/annum booked revenue is a positive and gives a little breathing room to turn this around.
New CEO is a positive. A new CFO next please!
II not selling and sticking with CPI is good news.
Cost cutting underway should improve profitability (which has been long overdue) but also positive.
I'm sure there are more positives too but those immediately sprung to mind!
@Culley
It does boil down to whether AH is up to the turnaround job or not .... But I can't see this going busy within the next few years given the restructuring of the contracts already secured.
I'm hoping for significant progress being made 2024 through 2025 but if progress is slower I can still see this
operating into 2026 and even beyond ... Albeit with more
debt on the balance sheet!
Turning around the good ship CPI - having worked at
dynamic Amazon - is going to be like wading through treacle with bureaucracy at every turn ....
I'm sure the CFOs days are now numbered and it wouldn't surprise me to see other board level casualties too.
The entire internal management culture at CPI has got to change if we are to get a successful turnaround. It's been run like an extended Government department for too long now ....
I see we recently lost the SATs contract to Pearson and we lost it on price (and I suspect we couldn't deliver the services that SATs demanded for the price we had. previously quoted - hence all the negative publicity over this contract in the last few years)
So if the loss of the SATs contract means it will improve our profitability - that's got to be good news for us and not such good news for Pearson's!
I guess it all boils down to the question, is AH going to turn this around in the next 12 months?
If not CPI collapses & a lot of people including myself will loose a lot of money.
If he does make it work (& my betting is that he will, which is why I’m still invested) the SP should be moving towards £1.00 over the next 2 years.
Much talk on SP prices etc... fundamentally though, to benefit a simple layman here, what are the positives for CPI right now?
X - So don't buy it simple. If that's your view I'm not sure why you keep looking at it? How a share isn't a bargain at 12.5p or 13p but becomes one at 12p makes zero sense to me
It wasn't that long ago people were claiming that buying in the mid 20s was bargain prices. Sometimes a share price is low for a reason and as such isn't a bargain.
12.42p is the lowest it's reached. A 12p buy-in level may not be achievable - we'll see.
I sort of agree but then I have to remind myself that in February I thought anyone buying under 18p was getting a bargain
Ha - sorry folks - got the maths wrong and I stand corrected!
12p purchase it is then .... Although I'd be surprised to see it that low - but then I didn't expect it to drop below 15p 😁
I would have thought anyone buying and holding from anything beginning 13 or 14 have got an amazing medium term, seriously wealth creating, investment ....
12p on the dot is a 20% rise to 14.4p, so I'm sticking with that. Slightly below if we want to account for the 0.5% dealing tax. 🙂
Short term debt a concern, long term debt not really. Some companies switch it for the published accounts, the auditors are usually not too fussy, after all they are getting paid
Some strange maths on here.... and that's without tax and dealing costs!
what a load of **** ppl talk on here. there are other companies who's debt is greater, yet share price twice that. its games.
@Xenor
I disagree that 14p is top of the range here - it's almost touched 14.4p twice now and that looks to be the top ... So if you want your 20% then somewhere around 12.8p would seem a sensible entry ...
However - once 14.4p breaks then I think we will quickly see 15.8p as the next level of resistance - it's tried to break through twice and it's not going to take many more attempts especially when the June update begins to loom large!
Just my thoughts .....
I accept that a retail investor can react faster than a pension fund. But I get the impression the brokers adjust the price fast enough indeed instantly on any actual news.
Zener accept your logic
Just not sure how predict short term movements
Would actually be interested
It seems like 14p is the top of the range here. I will want 20% when I enter so I think a buy price at 12p on the dot would be good, maybe slightly lower. However got to be not too greedy as that caused me to miss the recent rise.
As for selling at a loss. Have to 100% disagree on that. Selling at a loss is a valid strategy if you think the price will go lower. Buying back cheaper is a more effective way of averaging down than throwing more money at it and ending up in too deep. I don't regret selling at 24p or 17p on the two occasions I have held this.
Exciting. Well they found out smoking is bad for you there