Member Info for Culley01

Trenners As I posted earlier I had a buy at 3.05 & another at 2.95 so exactly as per your thoughts with the 3.05 being activated

Shorty I’d agree with that - I’ve got 2 top up buys set at £3.05 & £2.95.

As you say all depends on the Y/E targets being met - hopefully some good news on increasing contract wins & pipeline

I suspect the Civil Service will use AI to reduce their workload (4 day week?) rather than their headcount

For heavens sake you lot stop squabbling & stick to relecomments not mud slinging

I think info in the report has been superseded with the cabinet office confirming that targets are up to date & handover is going as planned- not sure where I saw that but I’m pretty sure I’m right

MrBrian thanks for posting that. One point that the commissioner made was that they still consider CPIs security measures to be below those of comparable businesses which, if true, I find alarming

Aim how far do you see a drop from here.

I recall when CPI was 3.30+ you estimated 2.80-3.00.

Thinking of a buy in for my trading account

Let’s hope that there are no more nasty surprises from the JL legacy

Hopefully AH has implemented cost savings in this contract so losses (& exit price) can be reduced

I think Evergreen means that the contract can run indefinitely unless both parties agree to end it

I have a nasty feeling that this is going to drift down again in the absence of any positive news

It’s the usual labour tactics. Take everything in house ‘ to save money’ which increases work force, salaries & power to those in charge. Result is increased cost as instead of saving the 8% that Capita were making it actually costs 50% more ( pensions etc).

Trisor/Trenners my understanding ( which may be wrong) is that a deal is done with the party that already owns the shares. They are given a guaranteed return ( say 10%/yr) but any gain/ dividends ( or indeed loss) is to the benefit of the other party.

This gives security to one party & potential gains to the other without forking out the money to buy the shares

Edward- hopefully in addition to what you stated the reduction in cost will continue as more AI is implemented. Currently stated as reducing by £10m/ math if that continues ( or even £5m/math looks very positive

Regards the latest spikes as these are based on nothing but speculation I would ignore any ups/downs & concentrate on December statement, March Y/E & June update + August H/Y ( & that’s the big one showing first trading profit in accounts)

My worry is that without extra stimulus this will as usual drift back down again.

We’ve hopefully got the disposal of the life insurance to Zurich but timescales we’re’ just in October ‘ so any time in the next 4 weeks

900 is 60p old money the price several IIs paid for stock they’re still holding so not shooting for the sky.

Crooked as the market can be I don’t believe Canaccord would be quite so blatant as simply to hype a fund to short with their colleagues. Wouldn’t do their reputation much good

Personally I don’t have any issue with ID cards. Many countries have them & we have driving licences for cars , passports to go abroad, a NHS number, an HMRC number etc.

Does anyone know if Canaccord put a timeline on achieving 900?

It’s great to see but to put the rise into perspective £4.50 is only 30p old money & plenty of the longer term IIs bought in at 50-60p so plenty to go yet.

As already said the disposal of the loss make insurance business will be a plus & we’re all waiting for the FCF announcement

What I particularly like about the Cannacord recommendation is the target of 900 which allows plenty of upside for those buying at 300-400 etc.

Fingers crossed Trisor I may have been a bit too conservative