Member Info for Culley01

Terry. Like you I have bought at much higher prices but personally I believe the BOD is doing a pretty good job & I have averaged down so around 35 p sees me back in profit.

I don’t think going on about the past is helpful to you or anyone else.

I do agree that the BOD, now the turnaround is complete, need to be doing all possible to give shareholders a boost & that perspective contract is a good start & obviously a reintroduction of dividends (JL indicated that the August result statement may be the time)

Provided (& I agree it is a big if) there is nothing more negative about the breach I would hope to see in excess of £1 within 2 years.

Last accounts for PageOne I can see were for 2021 & profits were £2.6m.

Assuming they haven’t dropped sale price could be in the region of £15-£20m which would be another nice reduction in overall debt

I hate to be pessimistic but this share needs good news just to stand still.

If the report on the breach is in the least bit negative (& it’s almost bound to be) I can see further falls.

As I said before until we get:

A clear set of Accounts showing NIL pre IRFS debt

Free cash flow/profits (need £100M +)

Growing profits/Turn Over

Dividends reinstated

We are not going anywhere

I think JL needs to start running the company for the benefit of its owners (shareholders). Overall he has done a great job on the turnaround but we now need to look at next month or year NOT 3 years down the line.

If only posters would Filter No Fear ( as I have) then I wouldn’t need to read all the reply’s he generates. We used to have useful discussions.

Re the entry to 250 I suspect the MMs will do their best to hold the price down to prevent entry so they can have another 3 months games

@Terry you are right about the FCA.

As a broker a number of years ago I had a client complain about unsuitable advice re shares. He was on the cautious end for a shareholder & the FCA upheld his complaint because I had split his holding between a UK trust & a worldwide trust & they considered anything not in the UK was too risky ( even though they recommended spreading risk as widely as possible for a cautious investor)

@Wigmore If it hasn’t at least doubled (& I’m hoping for considerably more) in 2 years I’d be very surprised (& disappointed)

Just filter No Fear & then you don’t have to read stupid comments

Looks like No Fear is going to get his 31p buy back in price

Quite a long & Negative article by the Telegraph on the leak saying it has affected up to 350 corporate retirement schemes making it the largest such hack in British history

I was hoping that by now the fallout would have died down but if anything it’s escalating

Unfortunately until we get dividends reinstated or a spectacular set of half year results this is going nowhere. I still believe it will pay off eventually but that date seems to be ever receding.

I really think JL needs to restart dividends ASAP even if it is only a token amount as this will be a powerful signal that recovery is strong.

@Trenners I think it’s just that this is a very unloved share. Eventually it will come good as the market won’t be able to ignore the growing profitability, T/O, cash assets etc. my targets when it was at 25p (not so long ago!) we’re 50p by Y/E 75p by Y/E 2024 & £1.00 by Y/E 2025. I think this is realistic & if so a 400% increase in 3 years is pretty good. Return to dividends will be a massive boost as & when it happens.

Very frustrating it seems CPI needs a constant flow of good news to just keep stable.
No news or negative & it drops like stone.
I’m still a long term holder but waiting for the next event & then the one after etc for a consistent long term rise is trying my patience

My concern is that IIs will loose patience and dispose of, or lower their holdings.
There’s a lot for Capita to do.
1) Reduce pre IFRS debt to NIL. Well on the way here but a few more disposals would be welcome.
2) Show increasing T/O & profitability
3) Restart Dividends
4) Reduce Head Office & other costs
& of course get over the leak which at the moment seems to escalating in severity/damage.
Hopefully by the time we get to the Half Year results all the above factors will be sorted/ achieved
& finally the Yellowstone presentation ( provided it isn’t postponed again for personal or other reasons) will be fascinating

Well done Nic & a good response from Helen Paris

Ian I’m hoping & believe that Capita are saying nothing as since their original statement nothing has changed i.e. the breakdown has been contained & no material has leaked. I would think that if there was a major leak they would be obliged to report it. The Yellowstone presentation will be very interesting as we will see if they come straight out & say everything is fine or if they try to dodge questions at the end, either way we should get a pretty good idea of wether the apparent leak is serious or not or indeed non existent

The Yellowstone update will be interesting.
I trust they will use the opportunity to report fully on the Data leak.
I will be posting a question on this to Yellowstone
I’m hoping that the new Investor relations team are going to be more positive than SM ( & to be fair so far they’ve been pretty good)

I think any claims will be very limited.
In order to be successful there has to have been a financial loss incurred or more than a mild inconvenience for a short length of time.
Bearing in mind most of the issue was over a weekend when normal activity is on hold I can’t see claims amounting to much

I do hope so
I’m hoping these two are going to be a lot more positive than SM
With any luck we’ll get an announcement prior to the webinar of a sale or contract win

Thanks Arthuretta

Can someone remind me please of the price CPI need for entry to FTSE250 hopefully in June