RE: What are the issues?22 Mar 2024 09:20
My two penn'orth, for what it's worth;
Things seem different now to me. JL was the sort of CEO that saw Capita as an extension of a Government body. He ran it for years, far too long, selling off good companies to make the books look better than they really were. Hardly a thought to the shareholder. Anyway, that's all behind us now. It is what it is!
Along comes Adolfo Hernandez, a totally different kind of CEO. He tells it like it is and talks in a way I can understand. I like that. He believes in empowerment, in accountability. He is a 'leader', a motivator. He will take the hard decisions for the good of the company. I can very well understand, under the last CEO, why morale within the company might have been so poor. Employees feeling undervalued, unappreciated. Things are different now. If some employees feel that the grass is greener elsewhere, then they can leave. But they may well look back in only a year or so and have regrets on that decision. I would say to those people, get behind this new man. But if you really see a better future for you and your family elsewhere, then go.
As a shareholder of over 4 years I am feeling the pain of the current share price, as many here are. My advise is not to gaze at the share price on a mimute by minute or hourly basis, but to look more at this new situation and consider it as a turning point, both for Capita and your investment. I'm adding on weakness (12.99p yesterday), with a time frame of 12/18 months. Like some here I have way more shares than I ever anticipated, but feel now more than before that my investment in Capita, and by extension, Adolfo Hernandez, will do very well in the end.
The best of luck to all long term holders....
Sign In
Follow the stocks
