The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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So this partially explains things ….new cfo buying
I think we are going to see 16-17 by Capital Markets day
That completely explains the jump on Friday, IMO - the bots were front-running this on Friday.
Good on you, Pablo. You are way better than the bloody sucking leaches that were on the CPI top-tier for many years and did nothing to either enhance shareholder value OR take some money from their pockets to buy shares on the public market. I truly believe Capita will be different under AH/XW/PA - for the first time in a long-term, we'll have true shareholder focus at the top - not just 'woke' focus!!!
Great to see some cojones at the top. Finally!!
August 2nd aint that far away......
Chances of a capital raise now doomsters?
Once all the traders have stopped, we will really have lift off.
No better endorsement than an incoming cfo buying before even in post.
"No better endorsement than an incoming cfo buying before even in post." - This!!!
I don't worry about when this could start to move up meaninfully - it could be a week, a month or a quarter, but it will. I'm neither as clever as some of our resident traders nor do I have the time to watch price movements to the minutae and trade then, but what I know is when a turnaround comes through, the returns will be multi-fold. A focused management team can do wonders with profitability, IMO. And we'll aided by a recovering UK economy too. I'm prepared to be patient, and add around these levels particularly if my other shares do well in the near term and I can switch some capital here.
You say you know this but you just don't.
When the share price was £1 you would have said the same, and then 50p and then 20p etc. The reality is Capita can go down further. There is no guarantee of a turnaround.
Dbuk - there’s no guarantee with any share, that’s the fun of investing DYOR and make the call. You focus on the negatives and you’ll never invest.
What an excruciating share this is to be prisoner to!
15.40 Friday, barely 14 Tuesday.
@JG68
I think Friday afternoon was a bit of an aberration although spinning out of auction at 15.84p shows what can happen here at the drop of a hat.
@Stumpy seems to think we may be heading back to
13.25p but my view is that we are trying to break the 14.4p resistance and then we can quickly move up towards 15.8p.
All to play for here .....and lots of things to look forward to over the coming week - Capital Markets Day, New CFO joining, August results (which I suspect will be better than promised) ..... and maybe even some more director purchases .
I know Trenners, lots of BODS loading up, all to play for, just a rant really!!!
I don’t think there is any particular logic as to why CPI moves up & down at present. Until we get the June strategy plan there is nothing to base price movements on
It's corrupt as anything the way these guys move the price to suit their needs.
Buys out stripping sells consistently today and they just keep dropping the bid / offer.
I cannot wait for the day I'm no longer invested in this type of company.
Added on the drop. It was temporary pullback imho
You don't know what the logic is Culley, that doesn't mean there isn't a logic. That's just you trying to comfort yourself that there's nothing you can do to work around the price movements. That's lazy and defeatest. I don't know what caused the price movement here recently, but there was a reason somewhere and I'm not daft enough to believe that it's meaningless.