Member Info for Culley01

I’ve only got 3 people green flagged & over half my post is green.

I suspect giving minority awards, apart from anything else, makes commercial sense as it will go down well with the public sector & be of help when bidding for contracts

I wonder if they run this award in India, would be kind of interesting as it would exclude a very small minority of white workers

Apart from being an excellent initiative which I fully support this will sit well with the public sector when bidding for contracts as winning is not all about cost

Does anyone know the split between UK (affected by any. NI increase) & non UK employees (unaffected)

Until this is perceived by the wider market ( not just the IIs & us lot) as having really turned around it seems to need constant positive statements to stop it drifting down. I’m hoping that the December statement may be that point otherwise it will be be 1/2 year in August

Simpiles I’m sure you are right that the public sector needs to reduce staff & become more efficient but I can’t see Labour ding this as it would reduce their popularity amongst their core voters

1p up on the week & 2p on the month. If it keeps going like that on no news bodes well for some positive updates

@aim stand by what I said & for your info I hold 750,000

Next scheduled news is December update, unless we get a RNS with a major contract win. So nothing to move the SP until then apart from speculation

@ Sunlit, as AH has said currently the priority is not growth but profitability. Once CPI is profitable then emphasis will be placed on growth ( & in the short term the company will contract further)

@Shorty similar position but I bought at 18.25 for trading & am waiting (& it may be a long wait) for 23 to sell as if (& when) it gets there I figure lots will bail out & I’ll purchase more around 20p. My main holding is long term

@Daltry I think it will be less than that. We’ve been told that we need FCF (already confirmed for 2025) & enough excess FCF to cover the £50m costs of implementing the technology that’s required. At the rate costs are being cut I think we’ll see this in 2025

I think AH’s plans are far more ambitious than a simple turnaround of CPIs finances by doing the same things better.

Hopefully he’s going to completely transform CPI into a world market leader & if that’s true then the 50/60p targets will be left well behind

Yes it’s pure speculation on my part but let’s see what CPI looks like in2/3 years

But was it a cunning plot & they were pork sausages

Until we get FCF & Dividends this is only going to drift hopefully gradually upwards.

All the goodwill & trust was used up by JL & the market wants to see actual results before re rating

As shareholders on this board we are hopefully predicting the AH factor which is why potentially we will reap significant rewards in 12/18 months

What is so positive is that AH states that rewarding Shareholders is very much his purpose (& to do that he needs a profitable company with a motivated workforce & customers who feel they are getting a good deal).

This is a complete contrast toJL who seemed to think Shareholders were a bit of a nuisance ( rather like the shopkeeper who thinks customers are a pain)

AH said in the Webinar (& he’s said it before) that once Dividends are restarted he will look at other ways of rewarding shareholders. Any guesses as to what they might be?

Not a great deal of new news but positive all the same. Considering AH has only been onboard for 7 & a half months he’s done amazingly well.

I felt that he doesn’t want to overpromise but I would be surprised if we don’t get some pretty good contact wins & improved margins by Christmas

I’ve posted my questions for Yellowstone on Monday

Breakdown of utilisation of Capita one proceeds

When we achieve FCF & Dividends

Progress on further non core disposals

They may of course be answered in the presentation anyway.

Looking forward to it should be a change from the JL b….t