Member Info for KGinvest

@Stumpy: wouldn't it be bit honest and less misleading if you would have just started with this in first place "Let's start simple. No-one can see into the future. That means I cannot tell you with any certainty where the SP will go." Throwing random exact SP numbers is absurd. I may not always agree with @Poker all the time but his views are generally refreshing and aren't condescending like yours.

You asked about my personal position: yes, I am long on YOU, bought some around 400 last time in went there and have held since. I don't trade, which is why I don't comment much on these boards and definitely do not get influenced by people throwing random numbers. I build my position slowly generally at every 10% decline so I will gladly buy more if this hits 360 and then 320. The price drop doesn't make me bitter, it's an opportunity, I wouldn't make any good profit if SP keep rising. It's the silly comments.

Your point on bright investors losing money: that's a fact, it is not intelligence which determines your profits in stocks, it is discipline and behaviour. Discipline to follow a plan with all the known information available and behaviour to control emotions at every SP drop or rise.

@Stumpy: then please tell us why this "Volume up in the last couple of hours and some buying pressure. Is it enough to prevent the drop to 350 area? Not sure, but I added at around 390." If you are confident in your abilities to predict the SP, then why add at 390, why not wait for 320.

"there's a big difference between there being nothing and you not understanding what there is" - I don't disagree but you still haven't told us what you are basing your understanding on. SP is clearly under pressure, anyone who doesn't see is blind but why 320, why not 280 or 220. And btw, I am not defending hellodave, he just sound like a dreamer

@Stumpy: with all due respect, I think calling out Hellodave doesn't make sense as you are doing the same thing yourself. What is 350 based on? Why 320p? There's nothing from technical analysis that suggest that. Either you base your predictions with some basic underlying principle or stop calling out others as these boards can do without the likes of you and hellodave

Really poor update; telling shaeholders at end-Oct that full year op profit would be significantly below prior year is shady management at best.. they did PFT of 50m, could very well be £20m this year, share price should correct further imo

Tree shake or risk off due to potential losses on Florida hurricane? My going assumption is that LRE is exposed to potential damages.

I think comparing the Capita of today with pre-covid levels doesn't do justice - even though it was more leveraged then, they ended up selling the family silverware to stay afloat so we are a smaller company now than what we were. However, this doesn't mean the share price can't treble from here under Adolfo in next 1-2 years but that level of share price growth will have to come from cost efficiencies, operational discipline and new business opportunities, most of these have already started but would take time to fully bed in.

Thanks Roguemale

@Lemonade: Net cash does include debt (including leases) so £27m is the enterprise value, happy to be corrected.

Hello all.. have only recently started looking into this. With a market cap of 71m and net cash of 44m, this company is being priced for just 27m at the moment. I am aware of the hangover of cladding issue but is there any particular reason other than market manipulation why this company is priced for failure? Can someone with previous knowledge about this company please opine?

@Tom & Stumpy: neither of you is wrong; you both are playing two different games. While Stumpy base their views on charts, Tom, you are looking it from intrinsic value perspective. I personally don't think Stumpy is deramping but each his own

JG: hello mate, I keep finding you in all the right places! was looking into an entry in GMS but 15% offload is bad timing so I am just going to hold for now

@JG: I read 'Psychology of money' some time ago; it really helped me get my head straight and fine tune my investing strategies; worth a read

They are their corporate broker so not many would take this at face value so would be good to see other brokers mirroring this view.. fwiw, as has been said multiple times already, this is deep discount territory.. has the UK market gone completely bonkers?

Perhaps a rookie question but can someone please help me understand this: H1 PAT is $111m and the tax number is $81m. Why are we paying so much tax given the amount of tax credits we have?

@ Dumbly: does EPL apply only on excess profits above the ESIM threshold or on all profits?

@NF - well done for making the call and well done to Helen for sharing; a lot of IRs in other companies wouldn't even bother which is a shame but this tells us Capita is less about red tape and more focussed on shareholders

@Robbren - bit naive to take AI generated articles at face value, suggest you do some research of your own

@sasa - I think there's a clear messaging here, I am less inclined towards the thinking that they are doing this to do more acquisitions, it's leaning more towards opening up serica to be bought out.. Also, unless I have got exchange rates completely wrong, I think a comparative with last year using USD numbers is going to show a uptick for these interims vs what it would have been had they reported in £, given the recent weakening of $

@GGG - I was wondering why the late afternoon uptick, now I know we need to thank you for it!

@Poker: i didn't say ultimate control, no one can have that; I am talking about ultimate responsibility - of course no CEO can control the external environment like economic downturns etc but adapting to the changing headwinds is their responsibility and our guy Garat didn't. So you go on and keep defending him but don't expect others to toe line with you. I don't need you to agree with me; you are entitled to your assessment just like anyone else.

@NoFear: is the II holding really over 90%?