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Thanks for the replies guys. My only reason for being here is to make as much filthy lucre as possible so yes my question was agenda driven.
It is no surprise that a company trying to run this technology on the cheap will fail so it's good to hear Eqtec will do it properly.
Having just recently moved all their computers to a new office in Belfast I can confirm Capita are not throwing money at IT.
They bought new thin clients but reused their old monitors which is not surprising in itself but I swear they are at nearly 20 years old 17" square monitors. I suspect the new premises will be much cheaper too because of their location so if this is indicative of the cost cutting going on across the company then short term at least we should see a boost in profits.
Capita was the first share I bought in 2017 at just over 500p. Thankfully I sold before it crashed to todays levels but I still lost a few quid on it. Hopefully having bought back in yesterday I'll recoup my previous losses.
Mentioned again yesterday by the Naked Trader. It's been one of his picks for a while.
That spanner could well save the company in the medium to long term. Electric cars are becoming more and more common. How many did you see on the roads 5 years ago compared to now. The roll out of wind turbines and solar is ongoing. Not to mention the upgrading of insulation in homes etc etc.
Agreed in the short term (next 5 years) Oil will continue to flow in similar amounts to today but after that it will decline, maybe even earlier.
Just my prediction, probably wildly out but maybe.......
Maybe the price of materials in the news recently is a factor.
I've just sold out too for break even but only around £700 worth. I suspect like Metalhead the price will continue to slide until some real news and I'm not into gambling.
I'll continue to watch with interest and may buy in again if I feel the price is right
What is going on with this share where so many deals are going through for ridiculously small amounts. Seven of the trades were for under £10.
Obviously a large number of the folk buying and selling are doing so on phone apps or with accounts that do not charge any commission but instead give lousy prices.
Unfortunately it doesn't inspire confidence.
It looks like after making a hash of the company name they now have done the same to the share portal.
I tried to log in today with my Standard Life details and it looks like we need to create a new login.
Just waiting for the letter with my new login to arrive.
Teverham beat me to it. (-;
I thought I read that the dividend was on top of the £35 so £35.16 per share.
If that is the case I can't see why it would be discounted.
One other thing Dick doesn't go into big detail about is, often the kind of people who buy oil and gas shares are gamblers looking for a quick buck.
They sit at home watching for fast moving shares hoping to jump on board when the prices rises.
When prices start to fall they either panic and sell at the wrong moment or hold tight regardless of what happens often loosing everything.
These people are not seasoned veterans of share dealing and investing.
They don't know how to value a company nor do they do much if any research into the company.
Many will be folk using their savings/redundancy money or worse will have borrowed the money and a large percentage will loose most of it.
If you don't believe me go over to UKOG, VOG, HUR or SOU. How many LT holders bought these at ten times their current value and still have them?
The way I see it the stock market is a fish tank with a regular supply of fresh minnows coming in as fodder for the sharks.
"The stock market is rarely wrong" - Don't make me laugh.
Hi guys
This is my first share that has been part of a takeover so I'm unsure how this will pan out but I'm a bit confused why anyone would be selling when it's almost guaranteed to rise another 6.8% or so and many people are selling.