Member Info for GoCPI

Morning NigeCo, nice one indeed. As I've said previously, I leave so much money behind when I trade shares that are on the cusp of a recovery after a cyclical down trend, that I've now chosen not to trade. This strategy worked out well for me in the US/Canadian O&G sector post Covid and through mid-late 2022, and I'm now quietly confident will work well for me/us patient holders in 2024/25. I may keep aside 10 to 20% of my holdings as a trade should we go up to the high 70s, but the rest are a sold hold and wait until 2025 rolls in.

All we need to remember is that the market doesn't wait till clear signs emerge that the sector has turned before marking up the share price - it discounts this well ahead of time, and IMO, its in the process of doing this for SFOR's price.

GLA..

@NigeCo, volume was still pretty impressive today and we were 'only' down under 4% on a big down day in the US markets (and yesterday too), and this after a >25% up move day on the previous trading day. I'll take this anyday. IMO, the traders that sold earlier today/Friday may just take note of the strong support at these levels and decide to pile back in? ;-)

Someone's buying big at these levels and it isn't just us lot on this board!!! US yields are slowly tapering down and sets us up for a decent day tomorrow and in the coming days. I feel that I/we should more at these levels.

Only picked up 3k at just under 48p this morning, but good to see us bounce back a little. We'll gladly take a flat to a minimally down day - Good luck to us all!!!

Personally, I could care less what happens today to the SP. I'll more than take it if the market even marginally rerates us higher in the coming weeks ahead of a coming turn in interest rates in the US.

Good luck to the traders and holders alike!!!

@ryanf - the real investment thesis here isn't AI and all that fluff, but that the new CEO, AH, is serious about getting costs on track via headcount reduction and finally aligning that with the revenue base. Don't get sucked in by the MSFT/AWS partnership thesis and these being a game changer here - these aren't USPs for Capita. Every outsourcer out there does it and one needs to be foolish to think otherwise. These is what I've been consistently flagging to the 50p 2024 target prognosticating blind bulls on here - blind hope around AI isn't an investment driver. First get your costs under control and the material upside will land when the economy turns and the Experience sector, through its consulting business lands additional higher margin business. This, IMO, will play out starting in H2 2024 as rates start coming down and confidence returns to business spend and the consulting sector.

I think this will do well from H2 and from these price levels, we'll sign 100% returns as we move into 2025 - All, IMO. My average is now circa 21p and sitting on large losses with my holdings, but will look to start adding more in the coming days to get this average down. This was at point my highest value holding, but that has now shifted to SFOR. However, there's still cash in the pot to slowly accumulate at these levels. I'll start doing this next week!!!

Good luck.

I also did say after the results that MS kitchen-sinked it with a view to get the bad news/forecast all in and for the buybacks to then restart ahead of a revenue upturn in the sector. However, the market seemingly saw through this on Thursday and marked up our stock by 26%. I'm happy with my holding and I don't think I'll add more at these levels unless there's more positive news flow in the coming days/weeks, but its still a cheap play at this time as an ad market upturn will feed into return of growth for SFOR and hence much higher returns. All, IMO.

I'll take half of this price!!! :-)

@MaryBr - Personally I tend not to trade as trading is a hit or miss for me, and sticking to my theme of this being a recovery play, the best returns will be had with a buy and hold, IMO. However, I may just resort to trading between 10 to 20% of my holding should it end up in the 60s/70s. Its a wait till then for me!!

@Hexam - you're no doubt making the resident thin-skinned position poster, squirm with your light put-down posts. Lol. :-)

Anyway, onwards and upwards in due course!!

Nice one, jcj07. I don't mean to pick on your negative sounding posts, however given your high average I need to acknowledge that you have every reason to be pis5ed off with SFOR for their previous misses. And just as it happened with the other stock I hold (albeit a very small holding), SYNT, the stock price turn is unfolding well ahead of any real recovery in the sector this year.

The LSE is s shiite market with low depth, sadly, and US investors can still pick up real cheap assets this side of the pond. And a company like SFOR with circa 80% revenues from the US and valued at well under book (albeit mostly goodwill driven) is even more enticing. If there's anything that the market has shown us over and over again, it's that when a stock moves up post a recession the turn always occurs well ahead of any changes to revenues/profitability that the market judges is on the way. We may not have had a US recession, but we have had an ad sector recession. The same themes continue to be spelt out by the bears to justify hammering the SP down - the company is uninvestable as new emerging sector paradigms mean that the company is positioned badly (AI usurping/degrading Agency consulting work permenently by doing away with Agencies, blan blah) and its prospects are permanently diminished. However, in most cases it can't be further from reality and if there's a strong management team at the helm you know that tide will turn. Ignoring that noise to buy/hold such undervalued shares is what will give us mere mortals the best possible returns.

OK, that's my Easter Friday SFOR investment thesis post out of the way, LOL, and now to be follwoed with plenty of wine tasting around the Western Cape to take in as a reward for yesterday's move. ;-) Good luck jcj07 et all holders! The tide is surely turning, IMO.

A typically pointless click-bait investing you-tube channel that relies on backward looking indicators to promote investment (or not) thesis to weak-handed investors - that's how I'd characterise this lot. I'm sure this was a great help for nervous investors/traders that were looking for a price miracle yesterday and likely sold a chunk when a jump didn't materialise!!

It gives me no pleasure to say this, but you reap what you sow!!! And jcj07, I hope you didn't listen to numpties like these and decided to crystallise a loss, even on a portion of your portfolio, at about the wrong time for this stock? Sit back and let the economic recovery in the US in 2024 guide a recovery in digital ad market and that's what will move the share price to much higher levels from here. The market always runs ahead of a turn in fundamentals and that's as consistent a theme as any. Enjoy the ride upwards in the coming months/quarters!!!!

We'll get there eventually, RedWine. Not in a straight line, but we will. :-) It's a great day to be long and holding through yesterday's pointless noise ignoring backward looking 'investors'!!

I'd have loved to see higher volumes with this upmove, but we longs will take it all. The journey begins - all IMO.

Not to be chest thumping, but I and a few of us did say that thosr who were talking about last year's financials and making an investment decision on that basis aren't seeing the wood for the trees. I feel for those who sold yesterday and today, but the best rewards accrue to the patient.

Enjoy the easter weekend and IMO, the journey upwards has only commenced with today's price action.

Nice one, Kipper. This will come good I have no doubt. The June update will need to be out of the way, followed by the H1 results release in August and we can then meaningfully turn higher. Just needs patience and that's repeating what most of us have been saying for a while. AH will turn this around, IMO.

Good old Fearful is now in pumper mode and putting out goods bits of information. Every little helps I suppose, but he plays it by his rules which is not for me.

Have a good Easter break, chappies. We'll come good in a few months' time.

The forecast didn't certainly help the traders who got in hoping yesterday/past few days hoping for a quick payday today and hence the doomsday prognostications from them here today. FWIW, I think MS kitchen-sinked the forecast and set a very low bar for 2024. I don't think that he/the board minds a few months of sideways trading on the back of this forecast as I think that will help with the buybacks once they commence, and they will soon IMO. The share count projections for 2024 and 2025 point in that direction.

Me, I'm a glass half full chappie. It was heartening to see volume kick in after 3:15 PM or so, backed up by the SP rising. I'm not saying that this is it and we're at the bottom, but if it hangs around these levels till post 5th April, I'll add more with the new ISA allowance for the next tax year.

The UK markets are so shallow that a few light-weight PIs selling can affect the stock price - as we're seeing now with SFOR. I can't really complain about that though as MS chose to list on the LSE and the absolute shallowness of the markets, worsened since Brexit, is there to see in plain sight.

Revenues forecast to be down slightly (noting limited visibility at this time) with EBITDA % higher than for 2023 and more buybacks (indirectly communicated) in the share count projections page of today's report - and all of this results in a 15% mark-down. Only on the LSE could this happen. SFOR will do everyone a massive favour by moving its listing to the NYSE and we'd probably end up getting a 2x current valuation just on that count.

Time for buy-backs to commence soon enough!!!

We need more of Riflemans, Jcj, Plasterer and many such to keep going. The market and stock price always climbs a wall of worry - if only investing was as simple as using a few rearview metrics such as LFY revenue misses. Bought some at the open at an average of 42p. Missed the drop down into the 30s unfortunately.

Ay, ay, ay...the prodigal trader returns!!!

It looks like the weak Retail hands are selling - they can't see the wood for the trees eh? Oh well, a buying opp presents!!