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For the first time in quite a while I am in alignment with Nofear 😂
Also Culley.
What’s happening here imho is an overreaction to the kitchen sinking ploy. AH has got all the dirty laundry out of the way at the start of his journey. He’s also likely to have overstated the “this year will be same as last” message. It won’t. He’s just under- promising so he can over deliver. Imho
I expect the cost control to work. I also expect to see some commercial initiative …. Finally! And I suspect we may also see a rebrand at least announced in June.
If you’re long and feeling panicky then, as I’ve said before, go back to your analysis that led you to buy in. If it still holds true, then … hold! If it’s changed and you see a true deterioration then bite the bullet and take your loss. Imho it’s that simple.
I’ll buy at 12 if it ever gets that low. Otherwise very happy to hold
Lol 😂 nah …
Keep calm and carry on imho
@Trisor,
Carillion was a builder. Low quality project oriented income. Not comparable to Capita. We have much better quality income.
There is no risk of a similar debt crisis at Capita imho
Keep eyes open for a whale seller in the background. If that happens it might be the last really big dip to buy into before the turnaround starts imho
Yes, im long, but I want to average down even further. These prices are amazing and won’t last
… it’s what I took from AH’s reference to “pockets of value”
There are usually ways to do it …
Imho
Welcome.
There is potentially a huge value investing opportunity around the corner here if an II drops out and the SP tanks further. We could see 10-12p range imho …
Get your gun money ready imho GLA
Yes - I had the same thought. The rights issue was definitely an indirect tax.
If we want FCF, yes, cost control helps. But another BIG lever is just raising prices across the board. Want to create value for shareholders and stabilise the business? Raise prices across all contracts by 5% this year and same again next year. It’s an inflationary environment for goodness sake. And the message to customers need not be negative either: “we need to do this in order to be able to offer you the same service in a stable and sustainable manner. You want sustainable, right?”
So, Mr H, pull the commercial lever now and pull it hard imho
Cloud and AI?
That's why AH is here. Capita is in the digital transformation business which means ... cloud and AI. If AH gets the strategy right, this company is perfectly placed to lead digital transformation services for UK gov. Which means reselling lots of cloud and AI.
Again, this is why I'm still in.
Difficult to take on days like this of course
Lol
Needs to hit 12p before I buy more. I topped up at 16p last time in december. Now holding a ludicrous volume.
12p is poss as this is a fire sale. No-one wants to buy a dog with fleas.
that's why we're staying in, buying in or topping up. and averaging down.
but still, an absolute **** show. how hard can it be to make money through digital transformation programs and reselling azure and aws?? not hard!! but clearly out of reach to this bunch of nitwits.
long ago i had a chairman who liked to say, 'we don't ever make a loss. we take action to prevent a loss' ... he was right and built a great company. but he was ruthless. that's what's missing here.
one of crapita's worst problems is the jobs for the boys and girls culture it inherits from the public sector. ah needs to address that crony culture pdq imho .. otherwise he can never succeed.
It's only 50k worth. Buttons. There's guys on here with 10 or 20 times that much.
Lightweight behaviour, I really hate to have to say it.
If he's serious, now is the time to spend 500k, not 50k ffs
Thanks Boo.
If the market cap drops any lower I might just buy the whole thing and rationalise it myself
Btw, it should be an automated rule on these boards that extreme swearing is allowed on days when your dogsh*t investment gets trod all over the living room carpet. We all get a free pass today. F**k it!
Yup, sums it up,GoCPI.
Maybe I'm delusional, but I keep thinking, how difficult can it be to make good money by doing digital transformation work and reselling cloud services to government? I know other businesses that do this very well. Why the f**king f**k can't Crapita?!
I hope AH thinks the same and gets to it double quick
... yet the surprising thing is that none of this was unexpected. We knew that last year was a sh*t show at the f**k factory. What is surprising is that the market is reacting as if it was surprised! I guess some people must have been betting on something magical happening to the numbers between December a now.
Ah well ... f**k it for another year. I'm not giving up until I get a multibagger out of this w**ker
2nd or 3rd episode of Succession was titled, 'Sh*t Show at the F**k Factory' ....
a phrase oddly buzzing around my head this morning ...
Nothing surprising here, though: we know it's a poorly managed bottom feeder that had another crap year.
I'd hoped for a more bullish statement from AH. Cuts need to be more like 250m .... this company has so much expensive and pointless middle management and inherited public sector graft. Stable needs a proper sweep out.
I hope AH has the stomach for it.
Maybe next year, Rodders?