Member Info for GoCPI

"Under 28p first stop imho" - I'm buying more!!!

"AIM, can you predict a fall again please? Much appreciated " Poor Aim, the lad/ladette can't catch a break and I don't like to beat up someone when they're down. No doubt Aim will be right one day - broken clock being right and all that!!

Nothing wrong with your positioning, Arthuretta. That's the sensible thing to go and like you, I view CPI as a bit of defensive/anti-recessionary play, helped to no extent by a lowered (no-risk) debt profile. After today's 2 bullish anti-recessionary pieces of data (NFP and Services PMI), I might also nibble on some Canadian oil shares. They served me well from 2021 to end of 2022 - they could be good trades.

CPI is my biggest play though!!

Thats just one part of the equation that the fed is looking at. If the US economy can pull off a lower inflation in the face of these job gains, that's a goldilocks scenario for the fed. The takeaway is that the US economy is still trundling along nicely even after these circa 450 bps hike over the past year and a recession can't be seen yet, even though the bind market, with its mad inversion, has been screaming recession for a while now. Maybe the bond market isn't quite right on this count - we'll know in the coming months.

Bad earnings - hmm, yes we know that tech/software is the middle of this 'rolling recession' phenomena. It isn't a surprise that Amazon and Alphabet are missing lofty expectations. However, none of this really impacts CPI. if the economy is rolling along fine, CPI will have a bangbusters 2023. Even if there is a mild UK recession, CPI will still do well. It's a toss-up between whether it'll do well or really well. I bet on the latter.

Non-farm payrolls up 550k - just wow!!! Economy is rolling along nicely in the US and probably puts fed back in the game in terms of higher rates, but economy is still very good. Good for us all around.

How about 50p before the end of the year? That is far more appealing to me/us :-)

Bought another small chunk today - happy to wait for a while yet, whilst the share properly (and finally) re-rates!! The last 3 years have been miserable for CPI shares, to say the least. And with very low levels of net financial debt with mostly fixed interest rates on gross debt, things haven't been this good for CPI in a very long time.

Good luck all and we finally deserve it !!!

Aim - I'm not sure about the tedious connection you're trying to make between Nasdaq and Capita. It's not like CPI is a tech company; it's a business process outsourcing anf consulting company. If you're trying to state that CPI will fall with the broader market, that's fair enough. However, bringing up the fact that the tech titans are struggling in the current advertising environment and tieing that to CPI, betrays a lack of understanding of the sector that you've currently shorted !!!

Cheers, Know0 - it'll be fabulous if there's a March surprise, but that isn't my base case too. ;-) However, if the overall economy holds up better going into H2 23, then a dividend annoucement with the H1 23 results in August 23 is well within reality.

STTB - I'm not good at trading and I try not to penny trade - there could be just that one news day when the share price jumps 20 or 30%, and I don't want to miss out on that. CPI is by far my largest stock position, only just behind my cash holdings. I sold 15% of my CPI holdings after the December update as I was convinced there would be a big stock market washout in January, with an incoming US recession in late Q2. It turns out that we had one of the best January runs in a long time and exploded up in Feb. I've bought back CPI that I sold over January and added some even today. I've shifted some of my Tech and Industrials (Philips and Rolls Royce) gains to CPI and UK retailers (Asos/THG). But, CPI is approximately 30% of my overall portfolio (cash is about 35%) and I'm convinced of its deep value and appreciation ability, particularly if the UK recession won't run as deep as the BOE was predicting in Q4, after the Liz Truss disaster in September 2022.

The optimist is me reckons CPI will break out above 55p in 2023 and IMO, this could be undercooked too. This isn't a pump and dump - I'm convinced the patient among us will be more than suitably rewarded, even if the US has a H2 recession, that takes down the market a bit. CPi will be way more defensive than industrials/cons discretionary shares, should a slow down materialise in H2.

Good luck, however you play this!!!

Spot on, Arthuretta!!! 4 more weeks to the big day - could we see a March surprise, with a small dividend reinstatement?

Don't worry, STTB. You'll certainly get an opprtunity to buy back in the mid 30s, when it takes a breather from going up from the current levels.

My take is that we'll definitely see 30p before results - will it happen this week or next week? It could, but I'm no clairvoyant. I can talk about medium to long term value of CPI, based on all the reasons many have stated on here - low to no net debt, higher margin wins, loss making contract overhang reducing. CPI has all the makings of a multi-bagger over the next 1 to 3 years!!! Bring on the dividends, JL !!!

Is that your Spidey Sense sensing something amiss? Nice.. Back to the real world, another month till FY 22 results and views on how FY 23 is trending..looking good, IMO

Poor Aim - you need to be a special genius to be so consistently right every time you put out a trading advice!!!

Tech jumping as Fed could/should be standing pat after the May 25bps hike (after the March hike which is 85% baked in). Inflation collapsing all over the place - there could be a soft landing narrative taking hold. CPI 30+ is baked in prior to the March results announcement - that's my only prognostication. Who knows - it could even happen this week. I'll move my tech profits to CPI soon enough - after META's numbers this evening, there may some more room to run!!

Aim - if you were really going to short anything, I suggest, nay recoomend, that you short the plentiful of Nasdaq listed tech shares that have run-up massively in January. TSLA, RBLX, TDOC - or take any Cathie Wood Ark picks. Real bang for the buy if the Fed is hawkish. Don't waste your money shorting piddly Capita !!!

Fed will do 25 bps - they're not going to do 50 bps and they've been telegraphing this pretty well. However, the key risk is if they do sound a lot more hawkish than they were back in December and say that they will be higher for longer. I can see a near term correction in the US (read global) markets after this sharp January runup. I won't worry about near term swings in CPI's share price - I'm a buyer if it falls more!!

FAS?? Is that another contract renewal?

In line with the recent DWP Lot 2 extension of £54 million, Lot 4 extension for a £12 million value was published today.

https://bidstats.uk/tenders/2023/W05/791871799

Let's land the new contracts in the coming months!!!

Looks like some got their trading wish finally - a close above 28p.. :-)

Good weekend all - may the next 15 months be the best of our (investing) lives