Member Info for GoCPI

"There's about as much chance of Aimmaster disappearing as there is the Pope converting to Islam"

Lol...Spot on, Trisor. And ditto for FearFul too.

Jcj07 - I suppose you'll feel positive till such time this is going up. No sooner does this correct 10%, you'll be back to slating MS and team. Lol...It's all very predictable for sure.

Having said that, I do feel your pain as you saw this tumble a lot and take a lot of investment value with it. I look forward to the next update to confirm that we're seeing business greenshots and that directionally we've turned the corner with revenue declines.

MildTiger will now gravitate to the THG board to bore those holders to death with his remarkable trading skills!!

Fantastic few days for SFOR with very good volumes - someone knows something is cooking, right on the back of Ter Haar making that large buy. If green shoots are visible and that's made known in the next update, we may on the way to breaking out of the low 60s that we just couldn't this year so far!! GM has happened, maybe more whoppers are happening in the background? IMO..

Lol..PMSL..

Volumes looked very good on Friday and I'm glad we look to have broken out of the downtrend we've been stuck in since March. Gave us a chance to accumulate though!!

"Dropped 15% imho 15% more to go" - heh??

"the hard left will be emboldened to push for economically catastrophic reform." - No, they won't. They have the right sized Damocles' sword hanging over their necks, and that's Le Pen. They wouldn't want to do anything at this stage that will tip France towards another election (which won't be for another year anyway).

Why would the stcok market rally - its exactly because the worst possible outcome for the eurozone economy hasn't come to fruition and the market was discounting the possibility of Le Pen being the big dog, which she isn't now. And oh, let's not forgot how great the British economy has been since we cut our nose off to spite the face - Brexit has done wonders for the Blighty hasn't it?

"It's a hung parliament it's very bad news for the Eurozone."

It's quarter as bad as it would've been had the Far-right got into power or even topped the list and said let's get out of the Eurozone - this will work out just fine for France/Euro zone. It was the second best outcome out of a range of possible outcomes - Macron's party topping the list would've been ideal.

Nice one - keep them coming.

It was a great outcome for France and Europe, and for their economies in general. Le Pen's far-right would've been very disruptive for the French (and by extension) European economies, if they managed to get to power, but they've now ended up 3rd. French stocks should rally in the coming days - fab outcome for long stocks in general.

"At the end of the day I guess it's your timescales.." Spot on - it's all about time horizon for me. Aim is a swing trader and that's not a bad thing. Taking profits/cutting exposure is dependent on your risk profile and investment horizon. I see it as a positive that we've seen a close above 15 on pretty high volume on Friday and that bodes well for the near term. I expect the broader markets to be stable (ish) over the next 2 months on the expectations of rate cuts from the BOE (August) and the Fed (Sept), and wash that in with the H1 results release in under 4 weeks, that will set the tone for CPI's SP in the medium term.

I don't want to ramping that CPI will double or triple from here, there is potential, but the market wants to see AH and co actually deliver cold hard numbers before a rerate could begin - something along the lines of what happened in March 2023 before the cyber hit is a harbinger of what could've been. All the recent cost cuts from AH is a fantastic step in the correct direction, but we'll directionally see how that progress is being reflected in the financial statements in just under a month.

Outsourcing will continue to do just fine under Labour - as social spending increases, so will work being handed out to the likes of CPI. And there's a good chance of some of Atos' work going to CPI over the coming months/years. And the wild card for us is how soon will economic growth come back under Labour - that should spur private sector spending too and give a push upwards for CPI's revenues (and push up margins on a lowered cost base. Contrary to the doomsters expectations, Rishi and co have tee'd up the economic trajectory just about right for Labour to come in and Carpe Diem!!! And my expectation is that Starmer/Reeves will run closer to the economic centre than to the the left. We'll soon see how that shapes up.

These are the upside scenarios for me and whilst I can't see short term predict whether the market/CPI will fall on Monday/tuesday this week, frankly I can't be bothered. There are plenty on here who will provide that running commentary to those who need it, but I'm happy to stay focused on the medium to long term. Under AH's leadership, we have the makings of a true turnaround emerging and that's what would give us the 4x or more multiples from here, assuming they deliver. It's that delivery uncertainty at this point in time which is keeping the SP in the teens, for now. Give this another 12 to 18 months, I expect this to totally change. All IMO..

@NigeCo, I suppose my outlook on what'll happen to the market today turned out to be what I said today's Labour win would be - a non-event!!

Great move from SFOR this week and who knows, if US rates start coming down and there is a high probability of that in September after today shiite June NFP data, the bottom in ad agency spend may well be H1 2024. Come on SFOR - make us longs plenty of money. ;-)

Good weekend all.

Today is the 2nd close above 15p since March this year, and this time with a much higher than average volume - Personally, I'm holding out for much larger gains next year when cash flow headwinds are out of the way.

The stock market is a highly effective wealth transfer mechanism from the impatient to the patient---I'm staying the course.

"I sat on these for so long - sold a couple days ago - thinking a labour win would hinder the sp" Not to run salt into the wound, but why would a incoming Labour government (as I'd already factored into my investment thesis) be bad for CPI. If public spend is going up, even at the cost of increasing taxation on CG and other measure aimed at upper 10%, it would only have a positive effect on the economy (growth wise) and that's great for CPI. I've said it repeatedly on the board - we just need to cut through the noise and personal biases (e.g - labour will be shiite for the economy and on CPI) and base your investment on the positives (or negatives) for the sector and stocks therein.

Personally, I've been steadily adding over the past few weeks and sitting on my highest volume of CPI shares in our accounts. Stay patient and reap the rewards, I'd say,

Good weekend all and enjoy the nice rise in the past few days!!!

@Trisor - 85% of our family CPI holdings, and they're fairly large with an average in the highish teens, are in our SIPP and ISA accounts. Personally, CGT is not really an issue for me, but I get that not everyone is in the same boat. Let's see what the final tax policies are and make an assessment then. Labour will want to grow the economy too or they know they're out in 5 years - we'll soon see what Reeves/Starmer come up with.

PC - after that disaster of a debate, Biden is definitely out if he stays in and it looks like he's staying in. Bond markets were pricing in higher rates supported by more stimulus/spending when Trump gets in, but I agree this disastrous services PMI data supports at least 2 cuts this year.

If the fed rates move crystallises a bit more, along with SFOR, I'd also favour sectors like Solar that are so much beaten down that they'll bounce hard. I know Trump may not be a Solar supporter as such, but his anti-China policies will help the US solar sector. I'm sure there are a few more beaten shares out there in the industrial manufacturing space too.

"given the impending doom of a socialist government in this country"

Trisor - The country will be just fine. The economy will chug along fine, helped by lower rates. The economy did just fine under Labour in those boom years from mid 90s to late 2000s, and the doom prognostications amounted to not much.

Grow the economy and Capita will grow just fine and get us 5x returns that it and us deserve. We know Labour is incoming, but I stay sanguine. We'll all just be fine and make plenty of money!!!

Plenty of retail buying today, no doubt after seeing that Rockwood interview - every little helps. H1 results in under a month will provide additional impetus for gains in H2. All to play for here...

Https://archive.ph/tZ51J

UK rate cut in August is almost a given as the BOE only knows to brown-nose the Fed, and the Fed will be very concerned at this contractionary June data. Good for us!!

There's only one way the fed rates will trend and that's lower.

https://archive.ph/tZ51J

First PMI Servcies contraction since early Covid days will set alarm bells ringing at the Fed. September rate cut highly likely I'd suggest. Good for us!!!

"Yes, I would like to think so, but knowing this market any excuse will do." Lol...I suppose you're right - it's the shiite stock market known as the LSE that we're talking about..

"I'm expecting a large market sell off on Friday if or should I say when Labour are elected in to power. Labour aren't usually good for stock markets, tax rises ect. JMO."

NigeCo - the market has more or discounted the fact that Labour will be in power come Friday. Labour negative sectors have already been marked down (O&G for starters) from quite a few weeks ago and if market can't discount this very obvious fact, then it has no business even being called a 'stock market', the discounting mechanism like no other, apparently. Friday will be a non-event, unless the tories pull off a miracle for ages - very, very unlikely!!