Member Info for GoCPI

These guys buying loads didn't go much to the stock price and maybe this isn't bad as a contra indicator!! I'd still bet on AH doing what JL couldn't - turn this around on a sustainable basis by chopping unneeded fat.

GWA

Spot on, 404x. Unlike a certain megalomaniac in Manchester that we know of !!!

AH - GOOG jumping 12%, MSFT jumping 5%, SNAP jumping up 25% -- someone tell us why we're down as much in 2 days? Low depth LSE is an easy explanation, no matter what some think!!!

Looking at the big picture, it isn't what MSFT or GOOG deliver this quarter or the next that'll make a difference to the broader market - keep an eye out for those 10Y Treasury yields. Core PCE in Q1 was hot and juxtapose that against a lower than forecast Q1 GDP growth rate, and there are rumblings of Stagflation in the US economy.

I don't think it will play out that way and S4 will be a beneficiary of a bounce-back in the agency ad spend this year and an even better ramp up in 2025.

Meta ran up too hard and any disaapointment on either growth or cost control was all that was needed for it to cool off a bit.

Ad spending cooling off a bit at the likes of Meta/Google may just be good for Ad Agency spend - we'll soon be in H2 and plenty to look forward to for S4.

Agree with that, Verney. It's so easy to pull a stock price down here on the LSE - as soon as buying dissipates, the shorts can easily have their way on no volume.

This is where we need to be in the medium term - Over 80% of our business is across the pond anyway.

https://www.bloomberg.com/news/articles/2024-04-25/indivior-confirms-plan-to-switch-listing-from-london-to-new-york?

Bought some today - switching out from pointless THG (management wise) and buying more here - should work out better in the medium term, IMO!!!

Nothing surprises me about the LSE. It's very easy to take a SP down on no news and with very low volume, and very difficult to move the SP up unless its backed by large volumes. However, I'm not complaining about the head we're dealt with - it's just where we are listed. Until MS decides to move the listing to the NYSE or NASDAQ, we'll left holding on to that element of undervaluation.

"I will make this promise. If I get the opportunity to make some money and get out of here I will mention it on this board, wish everyone luck and never de-ramp. Only time I would ever be on here is if I'm invested"

@Trisor - that's really good and that's always my approach. If I sell, I do it and I don't go around posting negative and FUD posts soon after I've sold. NoClue is a different kettle of fish though and he's very predictable and this has been proven many times over than I can count. I can promise you this much - he'll be back in a few days deramping CPI as he thinks it will go lower if he de-ramps on here. It's a bit like AimLess's positional posts.

I'd be massively surprised if he doesn't deramp, but I don't expect to be.

That's right there, Terry. He's making the right noises, finally for us long suffering Shareholders, but it'll all boil down to how he can execute that strategy. Based on some of the messages on this board from ex-Capita employees, new cuts have begun and we'll no doubt hear more about this in the June update.

I'm under no illusion that if AH can't pull this off, then CPI will probably head towards administration in the coming years and as it stands, the market is already saying that we're half-way there - unjustifiably so, IMO.

I don't think he even needs to be a messiah. All we ever needed was a CEO who acknowledged how bloated the cost structure was and that CPI would never generate the required FCF if no changes were made. Woke JL kept going for as long as he did having a Kumbaya with everyone other shareholders. A diligent CEO like AH only understood and acknowledged the unsustainability of such an approach and is now embarking to cut costs big time. I, at least, am not privy to what may be coming in the strategic review in a couple of months' time, but showing cost cuts and a pathway to clear FCF from 2025 onwards would be key I'd imagine. Unlike JL, he did make a couple of market purchases soon after he could and given it's make or break time for CPI, I'd like to think he's focused on delivering this sustained cash returns message to the market. Maybe a new CFO annoucement beckons in the update?

Nothing that NoClue does should ever be surprise. If he's now sold (again) after pumping this for a few weeks now, why is that ever a surprise? Anyways, moving past his pointless shenanigans, we're stuck in a range and I took the opportunity to add more today. My holdings here is the highest its ever been, obviously not to value wise. It's been a painful few months, but with AH at the end, I'm confident he can pull off what the hapless JL couldn't.

I'll add more if it hangs around these levels OR goes down!!!

Except that the circa 15% to 20% downmove from the recent highs is on no real volume. That tells me all you need to know about why S4 should delist from the LSE and move to NYSE, or at least seek a primary listing in the US.

That is an old price target and possibly the research note too. Barclays were at 270p last year when the price was higher, but all that sellside ever do is just chase price targets up or down as the SP moves on the market.

https://research-centre.barclays.co.uk/shares/s4-capital/broker-views/

When it turns back up in the coming days/weeks, SO will we.

Chaps - this is the perennial shallowness of the LSE that I keep on waffling about. ;-) As soon as any decent buying dries up, even temporarily, its so easy to manipulate this down on miniscule volume. C'est la vie. Dow and S&P are down big today and it's good that the US market is taking a bit of a breather - it's been on a unrelenting upmove since November last year, and when it turns back up in the coming days/weeks, do will we.

The stock market is a reliable mechanism for transferring wealth from the impatient to the patient - certainly when the sector has turned!!!

No, Jefferies buy rating with a 70p target was posted today.

First close above 60p for us since early November. Onwards and upwards!!!!

I'm hearing whispers BT is moving its HQ to Moscow. That's a great move, for my portfolio position anyway!!

At least Lagarde has the proverbial balls and would have no qualms cut ahead of the US. Bailey is frigging useless and is a full-blown slave to the US, and to see him and his BOE cohort always running a rear-view mirror economic policy. The US economy is fundamentally different to the UK/Europe, and BOE would do well to focus on reviving the domestic economy and cut rates ASAP. However, like the mad hatter running THG, I'm not sure Bailey has the balls to do it. A UK rate cut would certainly help THG!!

"I suppose they way they look at it if it’s good enough for BT To have there head office in Johannesburg ,which I believe is South Africa. Then it’s good enough for capita.

Make sure you lot don’t leave any rope or razor blades about as you all have so much doom"

@Darkblue - Agree. To lighten the gloom and doom, I'm shorting BT. It's an easy way to make money as it slides a long way down from here along with its dividend when that is formally announced in May. I'm chomping at the bits when I think about the money I'll make from that short and from the money here from my ever building long position.

Cape town - the best place in South Africa. A great low cost base for Capita as they offshore away to lower cost English speaking countries outside the UK. Brexit has dealt a hammer blow to the UK economy, confounding the fantasies of the brexiteers and growth has all but vanished. All that CPI can do in this shiity economic environment is to cut costs and boost margins. If that means hiring more employees in SA and expanding your office footprint to a larger base, then why not? That's what will make us longs money. Along with shorting BT, may I add!!!