Member Info for JamesOxford

Just saw my trade for £50,000 come in at 10.35am i.e. in case there are any doubters. Lol

I'll now quiety accumulate more Capita shares. I'll build my stake to £200,000 before 17 December...buy on the dips and all that! I have complete confidence in AH and co and have a hunch this will do very well between now and March 2025. My hunches are seldon wrong. All IMO and DYOR (er, does that even apply to 'hunches' Lol)

Simplies - Agreed.

When you know how the game is played, it's very easy to win.

Capita results due in only 10 business days (includes today). Fun and games until then! Lol

Done. JO has purchased another tranch of Capita shares: £25,000 at £16.97 i.e. 145537 shares.

JO about to buy another £25,0000 in Capita shares....

I like that Capita is on the way down now...way too cheap....JO will be able to add more at an even cheaper price soon enough....wait, wait, then strike!

Classic play in operation by certain 'investors' at the moment i.e. drive the Capita share price down prior to the results, then buy in big (before main market opens) when results announed on 17 December. So predictable by those in the know. Lol

Will watch with interest and add more if the Capita share price drops. Fun and games!

Done! JO is invested back into Capita! £50,000 @17.1988 i.e. 289234 shares.

Count down....ready for £50,000 to start....any moment now...

@Aimless - So you HAVE shorted Capita! Dear me, Aimless when will you ever listen to JO?

I do agree that Capita's revenues need improvment, however, but that is a known factor (and has been for a very long time), as Capita has sold or exited several parts of its business (those revenues have therefore gone) and Capita now does not bid for low margin business.

The best case for Capita is that revenues have a slight dip, or best case are stable with an update about new business gains at good margins. Given the Capita ship has been in turnaround mode, the far more important factors are as I documented in one of my recent posts i.e. debt which is significantly lower (due to Capita One sale and cost savings achieved), profits and margins higher.

As an investor, I prefer companies that have low levels of debt. As an experienced banker (before you say it...no not Natwest branch manager!), I have seen first hand the pressures debt can place on companies.

The fact is that Capita now has very low debt and cash in the bank to invest in areas such as AI and technolgy, people, strategic partnerships etc. To me, these factors trump lower revenues. Remember the old saying 'Turnover is vanity, profit is sanity'. and 'Cash is King' AH knows this.

Now that Aimless has declared he is short on Capita, is this is the perfect time for JO to buy back into Capita?

The Capita share price looks too low at the moment, far too low... watch this space!

@Lochnagary No problem.

To confirm: the review of the FTSE250 is based on the market close on Tuesday 3 December. Changes are announced announced after market close on Wednesday 4 December.

@Lochnagary Your post at 10.33pm last night is incorrect. The FTSE250 market capitalisation you referred to when you mentioned Bellevue (£397 million) in front of Wood Group (£392 million) was old data i.e. not updated to reflect COB Tuesday 3 December.

In my previous post, I was unable to confirm the actual market capitisation due to the after-hours trades. However, I was able to calculate and predict that Wood Group would leap-frog over Bellevue Health and this has been proven to be the case. If you look at the FTSE250 now you will see that the update is now updated as of COB Tuesday 3 December (as all after-hour trades are completed now). Wood Group (£404 million) is now 7th from bottom (previously 4th from bottom), and Bellevue Health (£393 million) is now 4th from bottom.

The official announcement will be made sometime today as to who has exited and entered the FTSE 250.

My post at @johnnychainlocker at 1.05pm today: 'The race at the bottom of the FTSE250 will be very close - to the wire in fact....Wood Group's best chance is to knock off Bellevue - however Bellevue is on a share buyback, so may increase the share back today to help avoid relegation from FTSE250. We will know after the markets close today.'

Disclaimer (this is NOT official): IMO it looks like Wood Group has managed to stay in the FTSE250. Due to the recent Wood Group share price surge over the last few days (includes today also i.e. up another 3.09%) its market capitalisation is at £401.84 million. This is a shade higher than Bellevue Health £395.03 million, and the bottom three: PZ Cussons £393.98 million, Ceres Power £315.73 million, and Close Bros £313.32 million. So it looks like those bottom four are due for demotion from the FTSE250 to small caps.

The official announcement will be made known tomorrow Wednesday 4 December.

@Jim800 Thanks...I think! Lol

@Yorkshireblues. I am not disingenuous - and sorry if it has come across that way. Thanks for your apology too. FYI I am invested in Wood Group - I have £90,000 invested at 52p. If you don't like my insightful posts you can always copy Laura2022 and filter me. Just don't blame me if I have some news/updates/information/views that you cannot benefit from as you've filtered me. Sometimes Laura2022 posts and her posts are irrelevant or out of date as she has filtered many a poster here who does not constantly ramp Wood Group, and is therefore often out of the loop.

I call it as it is - that's all. Sometimes good, sometimes bad. The way I look at it, no stock is stagnant, ever. It is impossible and unrealistic to be postive on a stock all the time, as the company and marketplace evolves and changes all the time. That's my take on it - always has been, always will be. I am never emotionally attached to any stock. This approach has served me very well over the years.

@Yourkshireblues. I see you're not following your own advice...(case in point below. Lol):

Yorkshireblues posted on 19 November: 'This thread is beginning to degenerate quickly. Let's try to be civil with each other shall we?'

Yorkshireblues posted today 3 December: 'Couldn't agree more. Anyone with half a brain sees right through this individual.'

@TheCrowman Not sure why you started this thread...? You are a strange fellow old chap. I can only think you're deep underwater with Wood Group....or....you're the very jealous type - all this talk about buzzards and vultures makes 'TheCrowman' feel left out. Lol

Simpiles is 100% right.

AH should hold off on any RNS contract wins and include any major wins in the Capita results update on 17 December. RNS contract wins are a nice to have, but have far more impact and consideration when included on an RNS results update.

It's important not to look to far ahead with regards to dividends etc. It's really not worth thinking about - better to get teh Capita ship right first, everything else is secondary.

Far more important to look at stable revenues (with aniticipated growth in revenues in the future), increased profits and margins, reduced debt and cash in the bank. Followed by effective strategic and operational partnerships with key stateholders. And finally excellent management and staff who can share AH's vision and stay the course. If AH can tick these boxes, then Capita will be ready for the next phase of growth and the share price will steadily rise as confidence returns to Capita as a stock to hold.

At this current Capita share price JO is tempted, very tempted...

@darientaylor If you hold Zephyr stock, then sell. No one is forcing you to hold.

Let's hope the shorts (buzzards) do not increase their open short positions in Wood Group today in order to drop the WG share price at the close of business today.

@johnnychainlocker The race at the bottom of the FTSE250 will be very close - to the wire in fact. Wood Group has had an unexpected share price rise over the last couple of days (circa 52 to 59p), which has definately helped. Wood Group's best chance is to knock off Bellevue - however Bellevue is on a share buyback, so may increase the share back today to help avoid relegation from FTSE250. We will know after the markets close today.