Member Info for JG68

77 at 2pm, since then far more buys than sells, 74.9.

So how's that come about?

Capitalizer, if you need reassurance, just read the following from the FY update. Plus they went on to say how they were free cashflow positive after costs incurred from disposals.

A turnaround in our underlying financial performance, with increased adjusted revenue growth, profitability, free cash flow and a material reduction in net debt.

Revenue is growing with increasing momentum (adjusted growth 4% in H2 2022, 1% in H1 2022):

Increase in adjusted revenue1 growth. Revenue increased 2.4% to £2.8bn (2021: 0.1% growth) Capita Public Service grew by 2.5%, Capita Experience grew by 0.9%, a strong turnaround following the 10% decline in 2021; Portfolio increased by 10.3% Strong sales performance in Capita Experience, 71% growth in TCV from prior year; Capita Public Service pipeline increased as contract awards delayed from 2022 into 2023 - expect sales acceleration in 2023 Order book of £5.8bn; book to bill at 1.0x (2021: 1.2x); strong weighted pipeline (£2.2bn) with 50% of pipeline from growth with existing and new clients Customer net promoter score +6 points improvement to +35; employee net promoter score +15 points improvement Group well positioned for sustainable revenue growth

A step change in profitability

£197m increase in adjusted profit before tax1 reflecting revenue growth and reduction in restructuring costs, contract-related provisions and impairments Reported profit before tax of £61m (2021: £286m) as a result of reduced profits associated with disposals and current year non-cash goodwill impairment.

This is lower than before the FY update which the market seems to have forgotten.

Only reason is hack paranoia.

Unless the turnaround and earnings forecast has done a u turn the last 4 months, all should be firmly on track.

The way futures are it will be a 10-15% bounce down

Not sure I follow that " change of control when reaching 10%"

How can there be any change of control, all they have is more shares!!!

They're not entitled to a seat on the board, they just have more voting rights. No?

Don't understand that.

Really don't get what the big deal is, these guys only have approximately 30 million shares, and the earnings forecast for the next 2 to 3 years were there before their stake and still stand.

Also why would a 7 % stake mean a right to 3 seats on the board.

I feel like saying " buy another 10-15% stake then "

Most of the debt was fixed at reasonable levels last year, so apart from their reputation in the industry, what am I missing?

Says its a sell on advfn ?

120000 voted against, needed to email Lloyds to instruct

Bid and offer just taken down on nothing, this can't be an algo , must be an individual MM, I'm more than ever convinced that these prices are fixed to benefit a few.

Not last time, it didn't rise until the day in March.

Thought you were going to say rise AM fall PM !

Surely if trading was stopped, wouldn't be able to get live price to buy/sell ?

Just got a live price to sell 74.49

Nearly no volume as far as I can see ?

So essentially it suits them to write off, offset against profits, and keep the SP low!!

They will no doubt have to put out an rns in response to that media speculation

Revolution boss could quit in compromise.

https://news.sky.com/story/revolution-ceo-would-quit-as-part-of-boohoo-peace-deal-12918945

On the cusp of a compromise!

Is that more IIs selling down by the looks ?

I remember reading the following from. The FY update, and tried to question whether that was the reason for the consistent downtrend this year, but no one had an opinion.

And again might explain why we have fallen even further.

After separately disclosed items of €321.7m, this resulted in a statutory operating loss of €199.9m. The increase in separately disclosed items reflects a non-cash impairment of goodwill arising solely as a result of an increase in the discount rate, driven by increases in government bond yields and the cost of debt (as discussed in the CFO Review), with no change in the trading outlook of the business.

We all know how consistently we'll NEX performed , as did its share price from 2015 until covid.

All I'm saying is that sometimes I'm questioning my sanity here I really am.

PFC is currently loss making and nit even cashflow positive, and was probably whacked due to lack of order intake. That one is a sleeping giant imo.

Harbour is too susceptible to a tanking oil price, and yes another that is undervalued. Difference is dividend was expected as was already being paid out.

I just really think they need to show a net profit , increased EPS fir this to turn.

Like you both, I've got time, don't need to sell this, it's just beginning to feel like having an uncomfortably overweight position here.