Member Info for AimMaster2018

Thanks Nofear, kamyk, I'm building my position. The more it drifts the more I can average down. Schroders got too many lol imho

Notification of major holder with more than 3%. There change in position. Scrhoder being a major holder with around 20% still holding with no recent change imho

Still no TR1 yet which is good. Can the longs hold their nerve? Looks like a painful grind at the moment. Accumulation is my objective. Whether it will be fruitful. Time will tell. I'm happy for it to drift imho

Only put in what you can afford to lose!! Yes, it's either short term pain for long term gain or long term pain. Imho

@Ilovesushi ???

@Ilovesushi

U still in profit? Imho

Next ? imho

Ripped through 10s

How to lose 10% in 15minutes, Stevo077 trade is a good example ? Imho

Gonna go ? Imho

It's accumulation phase for me. I'm happy for it to drift imho

Thanks nofear, recommendation is 'buy' by all and 'hold' lowest target price giving a return over 30%. The city playing the PIs? Imho

From annual report

Barclays website (last updated on 06/03/2024) shows forecasted profit before tax predicted by analyst for 2024 to be £117.95m. If achieved, profit would be around half of today's market cap imho

If you look at the stocks in the sector, they're mostly hitting new all time highes where as you have this hitting near all time lows.. so yeah cost reduction with £160m savings could be a start of a re-rate imho

Further reduction in property footprint, should drive down net debt. So if they achieve the margin of 6%. The profitability likely to be close to today's market cap. Today's SP could be historic as the business has a strategy and purpose. If they execute the vision well

Imho

I feel last 6 7 years was about getting rid of loss making contracts, getting rid of non-core businesses, its harder to finance growth in all the sectors and divisions they were in. Now to two divisions. They now at a stage to simplify core businesses, be more lean and efficient to increase profit margin and use it to growth the two divisions. It must be highlighted, the Company after the disposal, still have revenue just under £3bn. Any new contract is signed on better margins which they hope to increase to 6% ish. So you can see how quickly it can flip from loss making to profitability.

Imho

This I found useful below.

Capita faced numerous cash drags in FY23, notably £20m in costs associated with a cyber incident, a £30m pension deficit contribution and a £20m increase in technology capex, which depressed the adjusted free cash outflow before disposals to £116m (£42.4m outflow in FY22). Despite these challenges, the implementation of a rigorous cost efficiency programme and the strategic divestment of non-core assets have the potential to fuel a turnaround. Some £160m of annualised cost savings are expected to be realised by mid-2025 (part reinvested for growth), aimed at bolstering a significant improvement in operating margins. As margins improve, shifting to faster-growing market segments with a more competitive cost base could catalyse a reduction in the valuation discount.

- The challenges highlighted has happened in 2023 and market has been punished for past events.

- the 'bear' points on the article is questionable. First, the company renewal dropped on price. Which was expected as the company is trying to win contracts with higher margin to be profitable rather than fulfilling contracts at lower margin that has been the problem of the past. Secondly, negative free cash flow is covering cost of saving £100m. The majority of this outflow is covered by the payment received from fera which wasnt covered in 2023 accounts. But the cost saving of £160m is long terms benefit. Thirdly, it mentioned cyberattack. This technically applies to every company. The cost again has been factored into 2023 accounts.

The lowest price one analyst have set is 18p. And another 23p? And ones nofear found are way above that. So at 13p. With no pension payments from 2025 onwards, £160m cost saving, margin improvement and in tech space thats being digitalised and AI implementation. Future looks bright ? Imho

https://www.smartkarma.com/insights/capita-group-capitalising-on-a-more-streamlined-business

Imho

Surprise sky news are slow with the headline? They were quick to announce takeover rumours. But nothing on yesterday's annoucment? Wonder if there employees are also invested lol imho

I expect a raise on Tuesday open. Price to fall to that level. Then drift as extra stock flood the market.imho whatever happens, it was meant to be. Money is something no-one owns. We use it whilst we're here to spend it and gets passed on from generations to generations while the world continues to spin. Live comfortably and happy. Time is the most valuable thing imho