Member Info for Culley01

Hoping this will now consolidate between 50 & 60p with hopefully 50p acting as a base price (although I wouldn’t be surprised to see the odd retrace below 50p.
I think for the next rise above the 60p level we will need a contract win or some other positive RNS.
I do believe that after the year end results we will be looking at around the £1.00 mark.
Having now as a very long term holder (150K shares) managed to average at 46p I’m keeping my fingers crossed for the future

Have not been following this much but pleased to see I’m back in profit but what has promoted this dramatic rise?

I can think of several passwords.
Refinance complete
Non core disposal
Contract win
Dividend announcement (unlikely)

I would be disappointed to see this go for less than £1.50. Having turned the corner with profits for the year end likely to be around£150m I believe 2022/23 is going to see some considerable gains. We know there is £50m cost cutting being implemented, rents are reduced, pension shortfalls are down to manageable proportions, debt has been restructured & is reducing fast, and a few more good contract wins could see profits in excess of £200m and growing.

Let’s hope mizzini that you’re wrong about 48 p being the new barrier but seems like you’re being proved right at the moment.

Next week will be interesting with a bit of a sort out of holders. Those glad just to get a bit of profit or even their money back will be out and hopefully replaced with those looking for longer term goals. There will still be those trading these on highs and lows but I think we will see a shift in the targets of investors which will hopefully be positive on the share price.

The day has at long last left me a profit. I was initially attracted to this by the now somewhat discredited Neil Woodford back in the days when he was buying at £10 & I thought it must be value at £5 . I also took part in the rights issue. Luckily. I bought fairly small volumes at these prices but as I learnt more about the company started buying in around the 30p and now hold 110,000 so after a disastrous start looks like it’s going to turn out OK at the end. I will hold these at least until year end results and possibly a lot longer.

There seem to be several different takes on institutional holdings from the 96% shown below to around 75/80%. I wonder if the difference could be some calculations show platforms such as HL etc as institutional when in reality they are representing PIs.
I think this week will be pivotal with those who have lost faith seeing this as a good opportunity to bail out being replaced by new investors looking at this as a good entry point.

Looks like profits on target for a full year of around£100m. A P/E of 15 ( not unreasonable for a public company in sound shape with growing revenue) would give a valuation of 1.5billion roughly 2.5 X current value so Barclays 80p looks achievable over the next year or so.

That makes sense as Barclays quoted debt at £430m

Overall very positive but would have liked to have seen a bigger debt reduction.
Seems that we will now have to wait for year end results although hopefully once the market has digested this we might begin to see a steady rise starting next week. I would hope for a sustainable move above 40p initially.

Been out all day after the early fall this morning so pleasantly surprised to see a strong finish to the day. Fingers crossed for tomorrow.

Distinct lack of investors buying before results (& missing out on the rise afterwords, I hope!)

Any idea why the spread is so high?
I’m sure this is a major deterrent to trading & as such doesn’t help the share price.
I know a large amount in private hands especially Ken Davy but that shouldn’t effect the spread?
Overall I am positive on this having been an IFA for many years & used their systems and understood how they work & are transitioning, but it will be a long term hold & I wouldn’t expect any major jumps in price unless something out of the ordinary happens.

Excellent results published today & it drops 4%

My bucket list for Friday.
Net debt below £500m (already confirmed £430m or less)
Increased revenue.
Dividend to be reinstated in 2022
Return to net profit.
Possibly news on additional contracts or sales.
& if that doesn’t move the share price up I’ll eat my proverbial hat.
Good luck everyone

There seem to be many ways of calculating a value & whatever method is used sentiment seems to be the overriding factor. My very rough & ready calculations go like this. Turnover £3billion, margins going forward 10% (& I appreciate that there are many non profit or low profit contracts to work through). Valuation 10X earning, so back to £3billion, about 5X current value of approx £600m, giving a 5X uplift in shares to which at 35p gives £1.75. I’m sure I’ll be shot down for this but to me it doesn’t seem an unrealistic 3-4 year target.

Just bought in here on a dip (hopefully just a dip) to 100p.
Basis was very low P/E & the cash that is generated giving future opportunities.

Jim I couldn’t agree more. The potential upside of Capita is massive once Jon Lewis shows a turnaround. Hopefully this will be on Friday but if not I’m OK to wait for year end results.
Just topped up. Wouldn’t be too pleased with a 50p buyout although this would give me a decent profit.

Have held these for some time and my break even is around 40p.I believe that long term there is significant upside & Jon Lewis is doing an excellent job in turning this around.As posted elsewhere in order to see long term rise we need:Debt reduction hopefully to around £500M & debt restructuringDividends reinstated.Profits and rising income.All of these are on track if not on 6th August not too long thereafter.There are many predictions of prices from 20p upwards but if the above are achieved I believe £1.00 + in one/two years is realistic.