Member Info for JamesOxford

@Trisor @NoFear Done. Just bought an extra £40,000 of Capita shares at 8.23am 27 August. 206755 shares at £0.0192474p. @Trisor I will assume you will not be so sceptical this time.

@Trisor. As you did not believe me when I mentioned to @NoFear that I recently purchased £30,000 in Capita (you basically called me a liar); I thought you would like to know in advance of my next purchase: I am about to buy £40,000 more shares of Capita to add to my small Capita holding. You can check your live trades any minute now...

@ra12zack: 'Pru caters for Asia and Africa, Hong Kong and China but Hong Kong was Prudential’s most profitable market in 2022, followed by Singapore, Mainland China, Malaysia and Indonesia, with it highlighting India, Vietnam, Thailand, Taiwan and the Philippines as high-growth markets.'

All true. The above are all growth markets in one form or another for Prudential, who is well positioned to benefit both short to long term. This is one of the reasons I am quite heavily invested in Prudential.

With regards to the political and military matters you mentioned. I see it as politics and military postioning. I cannot see any of it adversely impacting Prudential any more than any other company located in the Chinese and Asian markets...or elsewhere for that matter.

For example take your statement of 'Anti-China pacts, such as AUKUS...'. This alliance is required as a defensive measure only, and is needed by the Australian Govt who must keep it's allies onside, hence the 'AUKUS' ('Australia, UK, US' alliance). However, the fact remains that Australia's largest export country (by a loonngg way) is...China. In 2023, Australia exported AUD$120 billion to China, in second place was Japan with a mere AUD36 billion, then South Korea, India, US and a host of Asian countries. Australia exports more to Indonesia, Singapore, HK, Malaysia, Thailand than the UK. Australia is a multi-cultural society with very strong links to China and other Asian countries. Australia does not seek or want a war with China and vice versa. The AUKUS alliance is designed to strengthen security between these three nations and acts as a deterent to regional conflict.

As for Xi and his ambitions (for Taiwan and elsewhere), and other political and wider regional areas/points raised in your post; these would be best debated and speculated upon elsewhere i.e. on an entirely different discussion board - one of which I won't be a member of as I don't have too much interest in politics. I only need look at the UK - 6 different Prime Ministers in only 8 years - to know that politics can change on a dime.

This discussion board ought to be focused on Prudential Plc.

@Okey-dokey Not at all - just a bit of fun to take a punt don't you think?

Very interesting...any other guesses for the timing of the RNS?

I think the completion of the sale of Capita One will be made on Thursday 29 August, with the RNS announcement made on Friday 30 August (although the annoucement could be made before 1.30pm on Thursday, and if not then Friday).

No doubt on the day of the RNS announcement, there should be a spike upwards in the share price - regardless of any adverse macro news in the UK or US. The reason for this is that the completed sale of Capita One will result in circa £207 million cash banked, and that is a decent headline, which should attract new investors (in for the Capita turnaround journey) as well as day traders.

It would not surpise me if Capita's RNS announcement is quite bland. EG. 'Capita One sale has completed and there is no material change to the earlier announcement'. Although for existing shareholders, 'more meat on the bones' or reiteration of the previous announcement for clarity purposes would be far better.

I do think the sale of Capita One will result in a substantial debt reduction, but not a 'debt free' result. AH needs to keep as much cash as possible in the business EG. to help shore up the balance sheet. AH also needs to plug some holes, as well as invest in the right areas to grow the business. For these reasons, it is unlikely that an announcement around a special dividend or share buyback will be made at this time.

@JD88 Very well researched and excellent information and comments - much appreciated.

Of note JD Sports management also believe JD Sports' share price is undervalued. I concur - this share price has more to rise for many reasons (includes both macro and industry-specific). IMO & DYOR

I've been heavily invested in BAE since February 2021 to date. It's been a nice share to own over this period for myself and probably the vast majority of other BAE share holders. I have a question that I've pondered on for a while now and would value other BAE investors' input...

If Trump wins the US election and is able to 'cut a deal' (Trump-type speak) to end the Ukraine-Russia war, and/or Israel-Hamas war - then what impact would this have on BAE share price if any?

Any thoughts/bets on the date when Capita announces the Capita One sale has been completed?

@ra12zack Thanks for the interest/comments but I am happy to share my views/opinions on this discussion board from time to time, and to leave it at that.

@Trisor. That is why I posted a few minutes after my buy at 12.41pm to show I had bought at 12.38pm i.e. before my trade shows up 15 minutes after 12.38pm. Next time do you want me to let you know in advance of my trade i.e. before I execute it - I provide you with a time and date as to when I execute the trade? Seriously?

@Trisor. I don't pay for live data. It's live when I buy and that's it. I bought at 12.38pm (may have been 12.37pm, nearer 12.38pm than 12.37pm) and that is my buy i.e. 156919 Capita shares at .19019p per share today (£30K total spend, of course fees came off that i.e. stamp duty and transaction fee). If you wish not to believe me then that's your issue not mine.

@SeekInValue Fair points. For me as an investor, my view is that CH and co have taken Zephyr forward in leaps and bounds within a very short space of time. CH appears to be confident in the future and is in talks with potential partners and investors. Time will tell as to how this develops and in what shape partners/investors will come. In the meatime, we'll know the results towards the end of August, so best to wait for these (rather than speculate) and then discuss once the results/facts are known.

Hit post too early. To finish:

...Capita's share price is likley to rise if the RNS announcement on the completion of the sale Capita One is in line with expectations and there is no material change.

@Trisor. Take a look at the time of my last post. Then take a look at the transactions made and you will see my trade. I announced my trade here as a post before my trade was published (as you know there is a 15 minute delay). So there is no way I did not make that trade. Please use your own commonsense, rather than accuse me of lying. If it helps, I can let you know when I next make another Capita purchase and/or sale - it doesn't bother me at all. I have zero to hide.

Back to Savagebyname, Savagebynature!

To answer your question, I purchased 156919 Capita shares at .19019p per share today (£30K). I actually tried to buy £50K, but it would not accept my trade. I couldn't be bothered with 2 x £25K, so just made the one transaction of £30K. Not cheap in recent historic terms, but not over-priced either. I used some of the profits made on my JD Sports shares (surged on the back of their positive Trading Update) to buy Capita. I only wanted to dip my toe in Capita, as Capita's share price is not that stable or predictable (a bit up and down) at the moment and for the large part the RNS on the sale of Capita is a known factor i.e. no new news. If it the Capita share price dips in the meantime, it'll be easy enough to add another £20-30K. I prefer to drip-feed purchases here at the moment.

In a way, I bought Capita shares to prove a point. For some reason GoCPI thinks I'm a 'Gaslighter'...and then changed it to an 'Uninvested Gaslighter'. Someone else says you need to have some 'skin in the game' etc. But my main motivation was that I spurred on NoFear to buy and it was fun to do that. Then it made me think...well why not...so here I am an investor in Capita.

Contrary to some on this discusssion board, I've always said I like Capita and AH's approach (I wouldn't be bothered with this discussion board if I didn't) and I've always said I would likely invest after the next set of results on the proviso that the results are positive and the trends clearly are on the upswing. By my own admission, I've jumped the gun a little with my purchase. I do not sugar-coat any of my investments and Capita is no exception. I still have reservations about certain Capita KPIs and especially around falling revenues as businesses have been sold off and/or contracts not renewed. Time will tell how the market reacts if falling revenues do not stabilise soon. Overall my view has always been that once AH sells off the 'dead-wood' parts of the businesses (i.e. low margin and/or resource heavy, and/or not efficent businesses), then Capita should be a lean and focused company and that is when great strides will be made and will win market support. There is no quick fix, the Capita journey is a long one and the road will not be straight nor smooth. However, I'll take a punt on this ahead of schedule. Initially Capita's share price is likley to rise if the RNS announcement on the completion of the sale Capita One is in line with expectations and there is no materi

@NoFear - I just dropped £30,000 into Capita to join the party. Investment made at 12.38pm today in case the CFC want to check. Not my usual investment amount but it'll do for a start. I can outline my reasons later - bit of a hectic day today. Thought you'd like to know.

Just to clarrify - I heard about the GP pensions issue during discussions with a couple of GP friends. I don't claim to be an expert in this field. They also mentioned practise payments and appointments being issues. I may stand corrected on the PCSE part, but they were adament the issues were due to Capita and the BMA is not happy. Don't shoot the messanger. I will seek further clarification when I next meet up with them and report back here.

My main point is whether or not it can be corrected via investment in technology and AI or if the issue is more widespread. As mnetioned, hopefully it's an investment and AI issue, which can be corrected in the near future.

@NoFear Re: 'BMA and Capita in disagreement over thousands of ‘missing’ GP pension records'.

I have a couple of friends who are GP's in the NHS and are 10 or so years away from retirement. When we last met up, we talked a bit about retirement and pensions (as one does as one becomes older) and one of them was concerned about the poor administration of his pension, and he said that he was one of many. He said the BMA had not been happy with Capita's PCSE (Primary Care Support/Service England) for a few years now due to poor administration of pensions, but also due to administration issues around medical records and practise payments. He said the BMA do not want Capita's PCSE contract renewed when it ends in August 2025.

Apparently the administration issues have been mainly centered around PCSE's inefficient methods (EG. paper-based transactions etc.) and lack of responses to enquiries. Hopefully AH can improve in this area through investment in technology and AI in the right areas, and therefore, help restore the BMA's faith and confidence in Capita's PCSE moving forward, so Capita can retain the contract at renewal in August 2025.

@Simplies - could the above be an example of where investment in technology and AI can make a tangible difference in this division of Capita's business?

@CraigJD. But there is always tomorrow...Friday...

It's quite funny really, as all I've done is answered questions directed at me. I don't know why anyone else would bother to read my replies and comment on them. I specifially address them to @whomever to answer their question directed at me. I will not lie when asked the question as to whether or not I am invested in Capita. I answered truthfully that I have not invested in Capita as I have investment elsewhere. I do agree with GoCPI in that I too am in certain investments for high and sustainable returns. Like I said (many times over), I will likely invest in Capita when I see that the next set of results are positive and continue with an upward trend on key KPIs. In the meantime, I'll be happy to continue to research Capita (as well as other companies) and continue to read comments here and post.

Test results due towards/at the end of this month...then all will be revealed!

Personally, I think the results will be favourable based on the language used by CH thus far. If so, then investment will naturally follow.

@GoCPI - All you've done is added an extra word to your character assasination i.e. 'Uninvested' Gaslighter in order to try to entice me into some sort of argument. Very childish. Unlike you, I do not label anyone as a 'Gaslighter' - invested or not. I listen and respect everyone's views, and quietly carry out my own research - this is how I make informed investment decisions. You seem to think I have some sort of vendetta against Capital, AH and/or any long term shareholders here. I can assure you I have no agenda, however, I can't say the same for you. Anyway, I think we should agree to disagree and move on...life is far too short.