Member Info for Culley01

Terry just filter him & save us all having to scroll through drivel

Thanks Shorty good listen that.

When I compare the go getting AH to the self satisfied JL it really gives me encouragement.

I think AHs ambitions are far beyond just a slow growth & improvement in margins. In the longer term The Capita of 2-3 years time will bear little resemblance to todays company

I understand Aims logic as the June update will show a £50m + loss due to costs re redundancies etc & this ( although previously announced) could trigger a temporary fall.

Personally I’m just hanging on in there

Gotnorolex just guessing I’m afraid I don’t have level2

Big buy order in the background?

Strong rise on low volumes

I’m delighted that the doomsayers on the share consolidation have been proved wrong & this does seem to be on the turn.

Re the 17th, I’m a little more cautious here as we know that costs re staff reductions are going to be loaded in the first half ( leaving room for a very positive 2nd half) & in the past anything negative has been hammered. Hopefully that won’t be the case this time round.

113m shares.

6% profit of say £2b T/O is £120m

Achievable by end 2026?

Gives some pretty positive scope for serious upgrades although short term it could do anything

I’ve got a buy order in at £1.75 which in old money is a share in the 11p range (totally ridiculous)

Free cash Positive?

Trisor excuse my ignorance but what is FCP?

Kipper yes have seen it but thanks for reminding me.

At 8X profits valuation that makes the pension division worth the market cap of the whole of CPI valuing the rest of the business as zero.

Good to reinforce the unrecognised potential of CPI

It already is a multi year project

We’ve had 5 or so years of JL ( fiddling whenRome burned comes to mind) & now the real turnaround with AH. To me August 2026 is going to be lift off ( but I hope for gradual improvement from Y/E onwards) as this will be the first published set of accounts showing FCF & profits.

Hopefully we’ll have a dividend announcement by then

A 4000 head reduction at £25000/yr is £100m. Pretty substantial

Possibly some reduction is from overseas where salaries will be lower but I would have thought that overall figures are about right. Also more reduced costs from property

What Trump ignores is the value of services ( banking, insurance etc) which the US gains enormously from. Think of all the big US accounting firms situated all over the world.

Also it seems crazy to attack your closest partners Canada & Mexico where trade is hugely beneficial to both parties

What Trump ignores is the value of services ( banking, insurance etc) which the US gains enormously from. Think of all the big US accounting firms situated all over the world.

Also it seems crazy to attack your closest partners Canada & Mexico where trade is hugely beneficial to both parties

The consolidation after this massacre looks like a good idea.

Whatever the current SP we have to bear in mind nothing has changed adversely for CPI

I sold £20ks worth at the end of March to use to top up my ISA which accidentally seems to have worked well.

Some good RNS statements would help steady the nerves

@Wednesday the JL lies are the problem we now have with the SP as there is no trust in predictions any more. I hope (& believe!) that AH is the real deal but if not we’re all screwed

However I should add that provided 2026 expectations are met we should be looking at multiples of our current SP

The problem the markets have is that there is still a long wait.

August won’t look good as it will reflect costs of staff & other cuts, year end is still going to show a loss & increased debt so it’s not until August 2026 that we’ll see real improvement reflected in the results. Then we should see consistent FCF & rising profits

& it will continue to drift as many posters have said until we get FCF & dividends . FCF from September ( an educated guess) & dividends I hope we’ll get an announcement in this year for a restart next year

Adam the 31p (15/1) is applied to the original issue price of 2.1 (not quite right the .1 should be 1/15) hence 31p NOT the current price. All stated in the reports