Member Info for AimMaster2018

That's the struggle. Some big names like tesco, Sainsburys, M & S all have NI cost nearing £100m. I know it doesn't compare with capita but these figures are eye watering. Many companies expected a rise in Ni cost in percentage terms, but to drop the threshold to 5k. When it was announced, the roarr u got from the MPs. Yeah, I think there's been more companies coming out complaining about NI cost and how it will cause job cuts. It's had huge media coverage over the weekend. Further adding to the uncertainty in UK markets imho. On thursday and friday last week, shorters have increased their shorts in soo many companies, the list was longer than usual. They smell blood for sure. Imho

Even Jamesoxford who was pushing prudential after decent result had a spike from when Jamesoxford told us when the price was 6.51, spiked to around 6.70. To drop 4.5% on Friday to fall below pre results share price to 6.42.. we would have heard alot from JO had it finished higher but even he's quiet on the board after such hammering imho

@nofear, it seems alot of money is moving away from UK markets to US and cryptocurrency in more favourable investing environment. I mean it's be like this for years but the budget seem to have added further reason too.. you staying cash nofear ? Imho

@trenners, I started accumulating in very small amount cautiously as market was trying to digest the budget, when I say small, it was less than 5% of what I sold here. I then stopped and went into BT with just over 95% of funds for a quick trade from 1.42 to 1.46. Ever since I have stayed away from the market. Just watching some dramatic swings. Seen some stocks go up 5% one day, down 5% next day. The market has turned into gambling scenario where its weighted to more on the downside. However I have opted to take nofears approach to hold cash for now as more and more stocks looks a bargain. I just feel US stock looked very toppy before the election and looks more so now. I just feel uk stock markets has more to fall with uncertainty and serco and many supermarket sector have come out showing concerns about employer NI cost is adding more fuel to the drop.. i feel better watching, if I miss the boat, there is opportunities near enough everywhere. The BOE Andrew Bailey doesn't even know what affect will be from the budget other than inflationary. Capita drop can be vicious at times. And the squeeze on living standards. I would rather have cash than sat on huge paperloss if it goes against me. Imho

I think when @adamwoodman went from 'sell' '18p coming' when the price was at 20.40p on 22nd October 2024

To

'Capita 60p +' 'strong buy' 'I don’t know of any other share with this much potential' when the price was at 19.04p on 5th november 2024.

Was probably a sell signal. Imho

Issue is, any hack, then people affected should be informed. From the article it seems.they haven't?

These articles doesn't help. The pupils affected not been informed ? Imho

https://schoolsweek.co.uk/hacked-pupil-records-at-capita-rise-to-more-than-50k/

Mitie drop is worth comparing with, dropped on no news other than budget related issue. In regards to charting. We've broken through multiple supports. It couldn't even hold the 100 MA. As for inverted head and shoulder pattern. To me, it looks like it's broken the neckline. The share price isn't showing any sign of it stabilising on Friday and finished lowest price in the day which isn't a good sign unfortunately. The further large sell after the UT doesn't help. The share price drop could not even be helped by American booming markets. So my concern remains, US market has had consecutive days of large rises. Could Monday be the day US has a red day, how will ftse react. I still continue to believe II is offloading as large PI purchases has next to none effect on the price and it doesn't help with intra day shorting as highlighted by nofears data. It does appear that nofear decision to stay in cash has proven a good decision today, with interest rates staying higher for longer likely to be far damaging but in turn, you can earn reasonable interest with the bank whilst interest rate stays elevated risk free. I think once ftse 100 breaks below 8000 mark, it could be bad for any stock and portfolios. Imho

There's number of calculations I think need revising

1. I think £30k average employee wage cost for total uk based employee is understated even after taking into account 60/40 part and full time. Many stated after the minimum wage increase forcing the company to increase wages after pay freeze for 18 months will affect small number of people of around let's say 3000 people. Those employees as full time employee will be on around £24k. The rest of the full time using 60/40 theory are likely to have wage between £30k to around £200 k. Whilst also part time employee will get an uplift if they're below the new minimum wage increase. So I think £40 to 45k average wage for all 27000 uk employees is reasonable figure to use for employer NI calculations imho

2. The wage increase for those on lower end will add to additional cost in addition to NI cost.

3. There temporary suspension of bonuses will have to be resumed adding further cost plus additional.cost on employer NI on those bonuses

4. I'm not sure if there's increase in cost from mileage allowance etc etc. Can someone look into this?

If one looks at the share price decline from Thursday and Friday. Its been a sustained decline as though there's a worked sell in the background. I think this has been across multiple stocks making number of other stock look attractive. So it seems, institutional investors are adjusting their position following the recent budget and US elections.

The weird thing to point is. Since the budget, was announced on 30th October. It took 1 week and 1 day before the markets started pricing in the budget cost of the new changes.

Imho

Lol JO is 75k in. Apparently, got them in the last 10 minutes of trading. Paper loss of 5k already imho

You still adding ?

Serco taking a dive imho

The volume and trades isn't PI's. I sense its schroder or rwc. There was no bounce,.it.was walked down so traders couldn't even play the game. Not even interest rate cuts couldn't change the momentum. Imho

Wonder if major II wasn't expexting trump win, now pulling cash out ? Imho

I think schroder is reducing again. The volume is there and price is drifting, and short ls taking advantage. . UK stock price didn't rise with US market. Wonder when US stock drop, UK will follow with it imho ?

Thank u nofear. Alot of bargains out there. And it seems many more will follow. Interest rates are biting and are reflecting on financial report. With inflation set to go back up. Interest cuts likely to be gradual further damaging businesses. Imho

@nofear, cash is king at the moment, u stand in good position. Market looks like it's going to tip imho

Woahh, how to lose £100k in just under 24 hours. Painful imho shocking

Ftse went from 120 bp up this morning to 20 bp. Crazy imho

Donald Trump could pull.out of nato? Is that true