Member Info for giantsquid

Jtan, you're assuming just because the stock hit 25p historically back in 2015, that it'll do so again. My point is you're not factoring in that the company has gone through a lot of growth since then. It isn't the same company it was back in 2015. Back then it was a fledgling that was only just starting out. The boohoo of today is an established global giant - many, many times bigger than it was back in 2015. The company is worth a lot more today than it was back in 2015 - the market, if anything, is already massively undervaluing the company. It's very oversold even at 36p. Sure you could hang around hoping you might get in lower, but it's fairly safe to say at 36p any further downside is likely to be absolutely minimal. The danger of waiting too long to take a position is you risk missing the bottom. You wait too long only for the stock to start rising forcing you either to buy the stock at a higher price or abandon the idea altogether. And we've all been there.

I briefly held over 90,000 shares @ 25p average back in 2015. Sold for a small profit a few months later - biggest mistake I ever made. I get the reason why you so desperately want this to retest those historical lows - but it's highly unlikely to happen. The company was far smaller back then and that's absolutely going to reflect on the market valuation. If you think otherwise, frankly you're an idiot.

In 2015, the share price bottomed out at around 25p. We have to remember the company was much smaller back then - on that basis, I can't see 25p happening again. One thing is certain, downside risk from 36p should be absolutely minimal, whilst upside potential is undoubtedly in multibag territory, certainly if taking a longer term view. It comes down to that old adage; time in the market beats timing the market.

All around the world, inflation is finally beginning to stabilise and interest rates aren't expected to go much higher, if at all. This suggests we're at or near the bottom of what has been a particularly brutal and prolonged bear market. It may not feel like it now, but a year from now there's a good chance investors will be looking back wishing they'd taken a position back in December 2022 when stocks were at or near their historic lows. As early as January or February 2023, I do think we'll be in the very early stages of a new bull market that'll only gather steam as the year progresses and last well into 2024 and quite possibly beyond.

Porsche Engineering and Vodafone Business have established Europe’s first 5G hybrid mobile private network (MPN) at Nardò Technical Center (NTC) for the development of intelligent and connected vehicles.

https://newsroom.porsche.com/en/2022/innovation/porsche-engineering-vodafone-business-5g-infrastructure-development-intelligent-connnected-vehicles-nardo-technical-center-ntc-30601.html

Some good positive share price action today. Especially after a few pints.

When is the next update due?

You're right. It's none of my business what people do with their money. If they want to listen to you spouting bad advice that's entirely up to them.

LTH you are over invested, deeply underwater and desperate to try anything to keep the share price from falling further. Even to the point of playing down the company's own dire warnings of very significant dilution. Listening to reckless individuals like you can seriously damage your wallet and if others have any sense at all, they'll take the company's warnings of dilution seriously and opt to stay out until the restructuring is complete and the threat of dilution has passed.

LTH, you don't have to wait for an invite to post on these boards - my take on this stock is that the threat of massive dilution is very real (based on what the company has repeatedly stated). Your take on that is investors should largely ignore the threat and pile in regardless. Which, put simply, is bad advice.

LTH, are you able to personally guarantee existing holders are no longer at risk of the very significant dilution the company has repeatedly warned about? The answer to that is no, you can't. So whilst you may be gung ho and reckless with your own money, at least try not to encourage others to be the same?

The company has indeed warned existing holders risk "very significant dilution" (their words, not mine). I believe in cinema and i do think the industry has a good future, but until the company makes clear what this restructuring will look like for existing holders, anyone invested here is basically walking blindly into the future with no real clue as to how it's going to affect their investment. Which, in my opinion, is reckless. Far better to stay out until the restructuring is finished and the threat of dilution has passed. Then and only then will this potentially be worth a punt.

Plasterers are known more for their brawn than their brains

Took a small position this morning, just a few k worth. Don't need the money anytime soon so happy to just leave it and see where this goes. The company does seem to be making good progress on it's disposals and debt reduction, and cpi has it's fingers in an awful lot of pies, with more contract wins to come i do think we could see a decent recovery here over time. Unquestionably has the potential to multibag from the current lows i think it's just a question of time and exercising a little patience. GLA.

How much debt does capita have right now? It does seem a little strange all these disposals and no positive response from the share price? On the flip side I suppose all these disposals = a smaller, less valuable company, hence a lower market valuation? It does seem a little undervalued at these prices, on the surface at least.

In 2015 boo bottomed out at around 25p. As far as I'm aware, shares in issue hasn't changed since then? And certainly the company has grown substantially since 2015. So we could argue boo represents far better value now than it did when it was last at these lows in 2015. On the downside there now exists some stiff competition from China that wasn't there back in 2015. But all things considered, boo is a giant amongst online fashion retailers and in a digital age, online is certainly the future - so there's a pretty good chance boo will bounce back strongly at some point once positivity returns to the markets.

The first signs inflation is beginning to be brought under control in the US are already being seen, the rest of the world should slowly follow. Next year could potentially be a lot more positive for stocks, we could be in the beginnings of a new bull market as early as next spring. 2022 will probably be the last opportunity to buy stocks at their current lows, because I do suspect some sort of sustained recovery will be underway probably beginning fairly early on next year.

I don't think we'll see a property crash. Prices may go down a bit, but no crash. Demand far outstrips supply helping keep prices up and mortgages are still affordable for most. Inflation should begin to be brought under control by spring or early summer next year, then interest rates should start to come down a bit. Storm in a teacup imo.

I don't think there's been any leaks. Daytraders are certainly playing this atm. In one day, out the next. Trading the dips for a quick buck. There's probably a number of shorts closing as well - it's 6p a share for heaven's sake, the restructuring means there's life in the company yet, so any further downside probably isn't that great - shorters have raked it in for so long, they're going to call it a day at some point and there's probably better targets out there now than this. So i think the rises we've been seeing is probably a combination of the two - daytraders and shorts closing. The one type of investor that we don't have many of atm (I suspect) are the long term holders - many will have sold out weeks, if not months ago during the decline and will currently be opting to stay out. Post restructuring though, it will be interesting to see if those longer term, bigger money investors come back in. It'll all depend of course on what the investment opportunity looks like post restructuring.

For the past year or so, those saying this was heading lower have been proven right. I'm happy to admit I'm one of those people. If you want to call it deramping, that's up to you. I'd call it having an opinion, which turned out to be right.

My view now is the newly restructured company should emerge leaner and fitter. But there'll probably be a lot more shares in issue which will have a dilutive effect. The company is also likely to end up smaller. So there's a lot of uncertainties until this restructuring is finished and we can properly see what's what, hence why I'm waiting and not yet tempted to buy in.

Does that clear it up for you?