The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
NOFEAR, the road layout has not been as good in a long while. All the restructuring is complete, Analysts and Brokers are increasingly Bullish, margins set to double,massive contract pipeline etc etc and at this stage, you have,in your infinite wisdom, decided to sell up???
I'm sorry mate but you have lost any remnants of credibility you once may have possessed!
Am more than happy for SP to have consolidated recent gains rather than drifting back. I see Cpi as nicely poised for another 30-40% momentum increase on the basis of it being significantly undervalued, subject to general market conditions. It would not be unreasonable to expect an SP of around 30p prior to any further good news.
In a historical context, open Short positions in CPI by MW are exceptionally low. I can't fathom out therefore why aim.... is banging on about it other than he's scraping the barrel yet again. In truth, analysts/brokers are increasingly Bullish on the stock including the likes of Stockopedia and Moneyweek.
Analysts concensus short-term target has recently increased from 39.96p to 44.25p giving an Upside of over 98% (that's just short-term).
I reckon that TP will increase dramatically when the Ico exonerate CPI from any punishment re the hack and also when Dividend payments are initiated. A prosperous New Year to all Capita Plc Investors.
Bigpunt, you'd be well-advised to steer clear of Cpi if you are so negative about it's prospects. The Revenue figures quoted are expressed in 'Real Terms' obviously. It might be a more useful use of your time if you posted on the BB of Shares that you are actually interested in. Or perhaps you have gambled on opening a Short position in Cpi!!!
All the heavy lifting for the recovery is completed and the foundations are there. The new CEO must be licking his lips in the knowledge that he'll be receiving most, if not all, of the credit when the phoenix rises from the ashes. I don't think JL will begrudge AF the glory as JL himself has a lot of skin in the game and stands to benefit enormously.
I'm not sure why people keep banging on about Marshall Wace and their Shorting of Capita plc. I feel sure that they are simultaneously long here. Their sophisticated strategy is designed to profit on any short-term wobbles whilst retaining long-term exposure to the inevitable recovery here. We shouldn't stress ourselves on their reported shorting activity which is simplifying their overall investing criteria.
By the by, looking at the charts now,it's difficult to see how anyone cannot realise that the beginning of a recovery has been established recently. No wonder a certain troll, who ludicrously predicted an SP of 14p has gone very quiet lately.
Stockopedia have moved from Neutral to Turnaround for Capita Plc. That 's a very positive Buy Recommendation so I've no intention of selling or Top slicing. The Target is to maximise profits over the next two to three years.