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Quick update May 2022 articles :
Possible strike for pay capitas major contract :
https://www.cwu.org/news-and-activity/news/
MoD's £173m Army recruitment system replaced by £139 job advert:
https://ukdefencejournal.org.uk/armys-113m-recruitment-site-offline-replaced-by-169-advert/
SATs system malfunctioning:
https://schoolsweek.co.uk/markers-locked-out-of-capitas-sats-webinar/
Imho
75p possible here I think...buy order set
Enjoy ur outing. Sharehead. Clear ur mind and forget ur invested otherwise it'll take over ur life. Life is too short. Enjoy the moment. Tomorrow's not guaranteed ...atb imho
Wavering, just as u see. Posting facts which is negative in nature makes sharehead believe were trying to get in cheaper hahaha...what a joke...that assumption just makes me laugh...doesn't sharehead understand. We are comfortable in taking positive and NEGATIVES On board and accept the risk and feel comfortable sitting at a loss..doesn't mean we're looking for cheap entry ha. We're putting things into perspective imho
Easy now...one thing i know is. The current price is near ur buy in price...and u hate to sit at any percentage loss where as jg68 is comfortable sitting at a loss and believes in his investment without having to message every minute...hence why u can't take negatives..let's leave it as that. I seems to me like u fund ur lifestyle on taking risk on shares as ur only income where as rest of us work and invest spare change which we can afford to loose on stocks. Hence why others don't feel desperate....imho
Ian.b...i have busy life during the week. So not able to message promptly to shareheads messages. So it would be rude not to reply hence why I'd like to make up for the unanswered messages during the weekend. ..I mean if u add all of shareheads post in the week. Mine would be half of that...so catching up to match to be all square to share my knowledge imho
Good points wavering..exactly my point. Won't accepts facts. And if sharehead has no response, we get repeat post...we know sharehead is a newbie here, rest of us has been invested for more than a year. Some has substantial invested and don't message..where as we get post after post and reminds me of a desperate trader...even during the working week, we get none stop messages. But even then, it's just ramping..so I'd like to add unramping facts back with links to put into perspective for any new investor. We have justify why the share price is where it is....City wants to see numbers which won't come until results day... so none of your post won't influence the price as its about what business hope to achieve which isnt always delivered nor on time...any bad press reflects the present. I mean now, not future!! market will punish accordingly. Imho
Quick update May 2022 articles :
Possible strike for pay capitas major contract :
https://www.cwu.org/news-and-activity/news/
MoD's £173m Army recruitment system replaced by £139 job advert:
https://ukdefencejournal.org.uk/armys-113m-recruitment-site-offline-replaced-by-169-advert/
SATs system malfunctioning:
https://schoolsweek.co.uk/markers-locked-out-of-capitas-sats-webinar/
Imho
Just in case anyone missed during the week.
Stick to the facts... capita UNDER achieved on revenue growth last year. Experience division saw decline in revenue by around 9%...its behind public division by 18 months to that effect...
To be debt free, they NEED to SELL ALL the Portfolio division. To the exact VALUATION or more. Not a penny less and FIND BUYERS by the END of the YEAR.
'Outsourcing boom' well that's ur personal opinion. So means nothing to anyone but urself.
FACT is INTEREST RATES is rattling American markets therefore UK markets and yes WORLD'S markets too.
YES Capita has around 800 Million pound debt on its balance sheet..YES SERIOUSLY, that is HUGE...expecially in an environment where Interest rate is rising month by month. Imho
Iv only sent that to show, how reputation, and how it makes mod look when they see this headline and how it affects future contracts. Also the point am making is these mod contracts are low margin contracts. Failing kpis translates to fines....let's see whether end of May they stick to the deadline. I sure will be posting to remind you :)...for me, wage pressure is the key point..impossible to argue against..I shall keep u inform should any strike materialises..
Until then it's been 5 months and am still waiting for a disposal which you've documented about lol ...I shoudav expected atleast 2 agreed sale by now. Imho
https://committees.parliament.uk/committee/127/public-accounts-committee/news/98547/army-and-capita-must-share-blame-for-soldier-recruitment-failures/
The Army has managed the Programme passively but Capita's performance has been abysmal since it started, and it has failed to meet the Army's recruitment targets every single year of the contract – an unacceptable level of service delivery.
We are not convinced that the Army will manage Capita strongly enough to improve performance or avoid Capita charging excessively for the continued use of the online recruitment system after 2022. We are also highly sceptical that the Army will achieve its forecast savings as a result of employing Capita.
If the contract does not deliver the anticipated savings, this waste of taxpayers' money undermines confidence in MoD planning.
Some of the problems establishing this contract are similar to those on the MoD's other major contract with Capita on the Defence Infrastructure Organisation, which it will end five years early due to poor performance.
We are disappointed to see the MoD replicate the contract management errors that our Committee sees all too often across government.
Kpi fines....no company would publish fines in a news article as it remains between contracts and client..simple reason that it comes into question why MOD chose capita and for capita, its about reputation in delivering which would affect future contract bids.
Just look at how it reads lol.. SATs system going down causing one teacher to hand in resignation as a result....just tvl strike could be happening soon...I'll post the article should they happens for you to read :) imho
So ur saying...if one of the kpi targets is to recruit a set number of soldiers per month..to meet MOD monthly target. But the recruitment system has been down for 2 months where they can't meet their target. If there's no fine for that then...what capita should do is, win contracts and don't fulfil those contracts. Lol imho
The headline just questions any future MoD contracts imho
I don't think u understand how business works and why u have KPI targets and consequences that comes with it irrespective whether there was a breach or not...that could be your homework...am here to state facts with links...imho
Let's see if they meet the deadline eh, surely kpi failings translates to fines...
So challenges capita have facing with in the last 30 days has been. SATs system going down, MOD recruitment system still being down ( extra costs and fine eating into margins) and demand for higher wage by union... imho
Gosh, I have to spell it out for you..quoted from the article.
'The website was shut down on the 14th of March and remains closed TODAY. If you want to learn more about the compromised data, you can read more on the compromise of recruit data that caused the shutdown'
Here's the recruitment vacancy:
https://www.totaljobs.com/job/soldier/army-job97446123
Please read properly!
The British Army recruitment website has now been nonfunctional for two months and has now, temporarily, been replaced by a post on a jobs website.