Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
From Adolfo on linked in đź‘Źđź‘Źđź‘Ź
Training and simulation are essential components of military readiness and operational effectiveness. They provide realistic and cost-effective ways to prepare military for various scenarios, enhance their skills and capabilities.
But to fully leverage the benefits of training and simulation, the Armed Forces need to overcome challenges with data management and analytics. Read more about the journey to data-driven defence training in our latest white paper, presented recently at IT²EC: https://bit.ly/3JI7AvG #ArmedForces #Training #Data #CreatingBetterÂ
"whilst it is sad to see real workers lose their jobs not so for senior management that wrecked this company!"
@simpiles - this is why the excess flab in the cpi management tiers need to be cut. another poster, divandaydream (also ex-cpi) said he's been hearing of senior management levels being trimmed. there are probably too many unproductive moats existing with *** abandon around cpi, and those are the ones that could go.
i'd think ah and xw will be prudent about taking the cleaver to unneeded positions in the company, but after years of fiefdoms built into that business they have to take on these unrelentlessly. good on ah and xw...keep the cuts coming!!
I do understand the changes that are taking place. I also understand What was! What is! and What will be!!
I have invested in Capita and hope to get a good return on that investment.
Do I know everything No!
I don't expect AH to know everything either!
I do know many companies and Governments depend upon Capita, so although it seems risky it’s not really!
I am surprised ar some of the smart people here! You know who you are!
There are also a few dimwits!
Such is life!
Why would it matter Simpiles - if you have left, would be great to hear from the inside more on your opinions of what is going on, on the ground.
SK if you look at the history of revisions they are usually downwards- but the government keep quiet about it-any increase in jobs is normally part time or government-just look at the breakdown-they are not highly productive jobs!
US economy slowing = great for UK economy = great to CPI -- all to play for here for someone with a medium term view, IMHO.
We shall see as the figs get revised... MoM can have significantly more variance whereas the QoQ figs are a more stable figure and those look very healthy indeed.
The US is not booming - it's going through a soft patch now. It's great for inflation to keep dropping and rates to come down slowly.
The only thing booming is MeekKeyboard's Gaslighting!!!
....a setback. Big miss on non farm payroll and unemployment increasing.
Fantastic GoCPI - short away on BT
Hi Trisor
Unfortunately that would give too much away!
BT is going 63P next week...I've piled on a few million shorts - I fully expect to see the rewards to put more into CPI. Chi ching....
i did my own research you talk bull**** :-)
@Simpiles-which one -were or are?!
Yes!
Some Macro's are going to coincide next week which I see pulling down a number of LSE stocks... UK House price, construction and Internet retail results, is going to make contact with a Tory party digging in and BoE holding rates... I think it's going to cause mayhem as holders begin to really understand the true depths of the UK's woes. Shorters are going to be out in force making a stack of money on driving some vulnerable equities into the ground. All imo DYOR.
Simpiles were you/are you at Capta?
The main problem with Capita was process! Management insisted on manual process, this was enforced by brutal Governance. As a high level techie I spent 5 years fighting the system. Capita were tied to strict SLA’s with penalties. As someone who believes in automation I fought this every step of the way. Thats the reason than the CTO and his senior management team have to go. AH believes in Automation but he has to be careful in deployment so as not to break the SLA’s. Automation is more than AI.
Automation will save Capita a lot of money and add to Free Cash Flow.
Whilst it is sad to see real workers lose their Jobs not so for Senior Management that wrecked this company!
My point is more geared towards what the impact will be in the medium/long term losing those people. Fully appreciate losing money each year will end one way - and that ain't good. But saving money and maintaining a long-term viable future has to be done right.
If all the cuts have no impact upon ongoing deliver/governance/long-term benefits etc then great.
Wednesday - whilst I certainly agree no one losing their job is a laughing matter. You have to accept that as a Company they simply can’t survive making losses and need to react accordingly… but never a subject of glee
Have been broadly supportive of Capita - quality recurring government contracts 2.6bn turnover and a MCAP of cicra 220m. Coupled with the fact that debt has been reduced by the sales and is (currently fairly low - excluding leases).
However Savage is right, over the last 7 years the promises have failed, years ago it was said the transformation had completed (even that was delayed by covid) and bit-by-bit the actual date of FCF (and everything that comes with it in terms of returns to shareholders) has been pushed back. The board IMO has failed us on their stated objectives (although I suspect Jon L did steady the ship).
Which is why I presume is why Adolfo has been brought in. What concerns me now is the joy on here of making 100m cuts, some of which may be fat, (but surely the easy cuts have been made), if you cut too far there will be negative results at some point, either near or longer-term.
I worry this may well be in a downward spiral now - hopefully for LTH I am wrong. For transparency, I have a small amount, in loss but not by too much (am comfortable to wait and see how this goes).
And that's a fair point Culley. I'm pretty heavily invested and about 30% down even after slowly averaging down in the past few weeks, and I can see why someone would wait until the update is out and/or even the H1 release in August. I still believe in the CPI story under a new management who have a pretty good track record and have made the right noises so far - but it's still a bit of a show me story until they actually land the turnaround. I have no problem with that assessment - I don't believe in wearing perma rose-tinted glasses.
If I was not already heavily invested I would sit on the sidelines to await the June report & signs of an sustainable rise in the SP. Even if I didn’t get in at the current levels I would still be able to invest at under 20p which I suspect is lower than most holders so I do understand those waiting & watching
1. Cost cuts update in the strategy update meeting and it's impact on 2025 FCF. A positive for the bottom line, even if there's not much topline growth.
2. Revamped management who refreshingly have focus on creating shareholder value.
3. Possibly additional focus areas for CPI (although this won't be a quick win).
4. A recovering UK economy, aided by interest rate cuts. This will be a net positive to CPI's top and bottom lines.
The obvious risks are that cost cuts aren't enough to generate adequate FCF from 2025 onwards OR that the economy struggles from herein on if there are no rate cuts in 2024.
I'm firmly in the bullish camp on the belief that the new management team at CPI will turn it around sustainably.
I've been basing my investment decision on CPI's results these last 0-7yrs and UK+USA+EU macros... Plus hearing opinions views of others, keeping an open mind should they have anything remotely convincing to counter the available data out there... Anyway so far I'm just not seeing anything persuading me CPI is a good investment yet.