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@Learning trader -Here we go we have got another panda..
Do you remember you used motley fool for balanced view?
Read this for balanced view form your our source....!
https://www.fool.co.uk/investing/2020/06/16/id-buy-these-2-bargain-ftse-stocks-to-make-a-million-from-the-stock-market-crash/
Udding is Hodhashharan on the ADVFN board and posts the same nonsense and by ‘pure coincidence’ there is a deramper he argues with regularly there too.
Don’t be fooled. He has four log ins and sets up fake argument. It’s a shame we can’t just ignore people here.
However I am setting up a Teams chat for this, and 2 other stocks, where adults can exchange views and moronic and monotonous trolls get banned.
Watch this space.
@BareNeccessities - Look at 2 million buys vs 1 million sells.
Udding, if shorts are reducing they'd be buying back, so would make the price go up if anything.
I know the share price is down, but be confident that short sellers are reducing and making the price go down.
Here is an explanation of how they grind the price down:-
Share Price 100p Order Book: I will sell you my shares at: 110 109 108 107 106 105 104 103 102 101 I will buy these shares at 99 98 97 96 95 ....you get the idea. If I want to buy a load of shares, I need the price to go down (because that's when the weak holders like us will sell us their shares.) What would happen if the price started moving up? (we wouldn't part with them as our minds conjure up fantasies of the share price going to the moon). So how do the big players make the price go down? They sell to the guy who wants to buy the 100p shares at 99p (the share price is now 99p) They then sell to the guy who wants to buy at 98p (the price is now 98p) This goes on, the weak players sell as their minds conjure up doomsday scenarios, the big players buy the flood of panic sells. The big players sold a few, in order to buy many.
Make sense?
Panda your a premium member with 134 posts. Now who becomes a premium member at the offset when joining a forum? Uddin has got a very good point and I believe he’s bang on with his views or assumptions.
Continued 2 - nearly over!
All that long post IMO is why the big money doesn't yet have the confidence to more CPI up a notch or two.
Panda is right the CEO has implied he is/was out of his depth. The poor chap is a Geologist, he's trained in that arena so facing 250 different business activities might have been bewildering. The last lot were mainly accountants trained to audit businesses. They weren't phased be a new business, it interested them. Their processes were so simple & designed to support stock market reporting that they hit forecasts metronomically leading to their hubris & downfall.
Turnaround should be simple. Cut the nonsense growth aspiration & over confident self justifying sales/acquisition processes & return to what the group does best. The Geologist aims to refocus of consultancy & digitalisation seemingly with less bread & butter, bog standard back office processing. These are much harder markets to master so IMO the big brain analysists advising big money need evidence of success.
In the meantime it is reprehensible not to explain an increase of 162% in head office cost from YE18 (85) to YE19 (138) in this situation don't you agree? Standardisation of group systems and processes perhaps is appealing but do costs justify (159)m in these circumstances? My guess is that Intangible & GW write off figures are on a downtrend so lets hope YE20, with ESS disposal profit, would be better than hoped for & the GEO can see a way of simplifying the business to manage it, unless teh solution Panda came up with can be done expediently.
Guys,
I don't like to comment & open squabble. I put this for LTIs to consider.
Look at Panda's comment 23, 25 & 31 March, look at 3 & 4 April.
He's specific, trained & informed esp on this stock. His comments have descended as you guys bang on about the POTENTIAL CPI has. Of course it has got potential, but why is it in this spot & how will it turn out of it?
I'll put the links to help, formatting comes out funny on this site so I won't do a summary by division, it only confirms where Panda is coming from. High level - a 3 year "turnaround" is underway,
YE18 PBT (profit before tax) result was 273m but look closer, 310m from profit on disposing a business & loss (37)
The half year 19 was a promising PBT 126m and a forecast of YE PBT 265-295m
The CEO reported at YE19 that CPI made PBT 275m (still on web site)! Fantastic!
But unfortunately the audited accounts show a LOSS was made of (63).
Uddin, my friend, I'm an investor here & keen to see a turn around. The share just on YE 18 results traded above 100p, it went up to 150p. Ask yourself if someone said you'd be getting 275 but it turned out that you have to pay them 63 would you be p....d! Would you rely on them again? Look at Panda's comments back in March in that light & then look at the company's claims that it made PBT 275m.
Its too early to predict YE20 result. There is a covid effect but recent update was positive esp. on solvency. IF ESS was sold lets say for 450m, CPI trading results would not have ESS for some time but it would have profit on sale (likely to be good as the core of ESS was purchased ages ago so unlikely a stack of acquisition GW to go against proceeds (unlike for recent sale Eclipse) so YE20 will be more like YE18 than YE19 perhaps much better.
Some figures may help dialogue here.
The company spends 7 pages in its press releases on what it calls "operating profit" explaining each division in turn. Operating profit of trading divisions YE19 = 444, YE 18 = 419m.
Adjustment not warranting comment as presumably a Head office cost somewhat out of control YE19 = (138), YE (85)m
Adjusted operating profit in the rest of the document YE19 = 306, YE 18 334m
Less Intangible & GW write downs (after having had chance to reset balance sheet, they mucked up) YE19 (91), YE 18 (178),
Less business exits (paying people off?) net of all other stuff YE19 (56), YE 18 (12)
Less "Restructuring" (w/off projects that don't work or abandoned * see Panda in March) YE 19 (159), YE (110)
Adjusted Operating profit YE19 0, YE 18 35m
Finance costs get those figures to the audited PBT YE 19 (63) , YE 18 273m
https://www.capita.com/investors/results-reports-and-presentations
https://www.capita.com/sites/g/files/nginej146/files/2020-03/capita-full-year-results-statement-2019.pdf
https://www.capita.com/sites/g/files/nginej146/files/2019-09/capita-half-year-results-2019.pdf
https://www.capita.com/sites/g/files/nginej146/files/2019-09/capita-annual-
Panda you didn't answer my question.
Are they paying you well?
I have noticed that you get very fearful when you see people getting interested on this board.
Tell your boss to close the short position quickly. Time is ticking before the news lands.
Panda - I have done my fundamental analysis, so I am happy to top up. Short term few % up or down doesn't bother me. I have balls of steel it has been tested few times.
I am not here to 60p, but £2 + dividend payments. I am building for long term.
Why are you here if you don't have any benefits.
Are you working for one of the companies that are shorting?
I hope they pay you well for your time?
Panda I can smell fear in you posts. We are panicking on how you are going to close your short position.
We are not weak shareholders that you can shake us to sell our shares. This is a great investment opportunity.
See my post from before if you missed it.
The MMs are playing with the price and shaking out all the weak shareholders.
The shorts are closing fast. we are in for an exciting ride.
https://www.shortdata.co.uk/company.php?isin=GB00B23K0M20
Please go over why you have invested in this company. The fundamental of the company.
Hold on if you believe in the company or sell if you are too scared.
I am taking full advantage and topping up at this price. I wish I had more money to invest here.
@MrNation, what big news today?
58 posts on CPI in 30 days and you haven't made a sausage.
I think you need to take a long hard look at yourself pal! This is tragic.
I don't have any aliases. Your brain probably can't understand that you do things to wind lots of people up.
You have made no money out of CPI - FACT.
So what are you doing here....? You absolute LOSER :)
Clearly you have no idea how markets work, spend all you time here with no investment. Like someone said below 'how much does talking BS pay'
The MMs are playing with the price and shaking out all the weak shareholders.
The shorts are closing fast. we are in for an exciting ride.
https://www.shortdata.co.uk/company.php?isin=GB00B23K0M20
Please go over why you have invested in this company. The fundamental of the company.
Hold in you believe in the company or sell if you are too scared.
I am taking full advantage and topping up at this price. I wish I had more money to invest here.
We seem to be flirting with the minor support level at 39.77p. So far we have bounced off this level and back into the 40s, but feel it won't take much to breach this.
Just not enough volume or buying pressure atm.
More redundancies coming on top of that 200 and this time has to do with company restructuring.
Market is turning positive for the Sunak speach later today.. hope to see this going from here
I'm all for stream-lining, however we saw the drop from the announcement of 200 redundancies......
Added more today @40.25.. hope to see going up from here.
ta wise looks like a support here ~ possible recovery back to the daily pivot 42p area.
Advise to hold off on the top ups. More redundancies are coming.
Bare, the fundamentals are good bud. Building blocks in place. Sometimes you gotta get worse b4 you get better. But these boys have laid down a market and now they are gonna get in amongst it. They are gonna let the markets know they are about.
Does that answer you?
@Learningtrader, there's a guy saying this baby is going to the sky. This is right up your alley, come smash,. lol
You first 3 posts on 3 separate shares.....and all unashamedly ramping.
Why will this hit 65p by the end of July? Anything to support this value?