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Why don't you all stop carping like a bunch of kids with no sweeties and do some research on the only man that can save Capita now.
I spent a rainey hour on Sunday doing just that. Capita are lucky to have him.
Adolfo Hernandez has a fantastic track record at Sun Microsystems (9 years), IBM, Alcatel-Lucent, SDL
Did any of you know for instance that he took over at SDL in 2016 and within 3 years he had merged it with RWS giving investors a X4 return on their investment. Before that he was CEO at Acision for 2 years between 2013 & 2015. He left having merged that company with Comverse to for Xura. Do your effing research ffs.
Do you think in all your tiny minds that he would trash this reputation by taking over a basketcase?? Eh? Eh?
FFS stop whinging and grow a couple. Give the fella time. He can't control the SP any more than us idiots.
Here, read this. (if you can be bothered)
https://www.odgersinterim.com/uk/who-we-are/intelligence/transformation-and-a-pandemic-coming-out-on-top-4974/
So he's doing a 'Zuckerberg' then
This guy is so so differant to JL to my mind
Don't want to sound like my good friend Sharehead 2.0 but i see value here at these levels going forward
On the subject of Directors purchases.
These are the most recent where they have bought in the open market
7 Aug Claire Miles 20,000 shares @ 21.25p
6 Sept Tim Weller 539,176 shares @ 16.61p
29 Sept David Lowden 100,000 shares @ 16.87p
6 Mar Adolfo Hernandes 350,000 shares @ 16.21p
Point i'm making is if these are people 'in the know', why would they buy if Capita was a basketcase?
Note; most were bought in the region we are in now....16p area
What's this with the UT thing AIM? The relevance, i don't really see it.
Is it just a bit of fun like over on VOD where folks try and guess the SP at Fri close?
Perhaps we should do that here; i'm going for 17.95
Much prefer your SP of 14p figure, which we may see tomorrow.
That's about where i am with this. AH got out ALL the bad news & more to give himself a base to work off. The SP movement is just a natural reaction to that process. Now he has that base he can start to paint a brighter picture come June.
One more buy for me then i'm done; sticking to my plan of getting my average to 23p area. SP has been trading 17 to 23 recently.
Also, i can't imagine AH would have taken the job without some idea of the potential. What, just take the job only to take it to bankrupcy & trash his reputation? JL had his go, and messed it up. Give the guy a chance i say....
E&oE
@Sharehead, agree with that. Yer, day's like today are 'gutting'.
But AH buying tempted me too. Next update is June (i think) so 3 months off & +/- half way to H1 Results in August. Hopefully see more of what AH has in mind then. In the meantime, more Directors buying please....
Look Sharehead mate, we all make mistakes. Sure, you got sucked in by the JL Turnaround Story, but then most of us LTH did.
No point going all sulky on us, just come back, own up to it & you'll feel better, really.
Just keep it respectful, and am sure most will welcome you back....even me!
Got my average to c25p now. Will go again, finally, at AIM's 14p & that will make me at high 23's break even. Looking forward over next few day's to media comments. More 'Crapita' stories I guess.
@Wildcat, "I have just purchased on the back of the director purchase. Hopefully this will prove that he is putting his money where his mouth is."
Exactly, hoped for AH buying, but didn't expect it so soon. A trerrific sign from him of confidence. Other Directors to follow??
Dear Jon,
Look mate, you seem like a really nice chap; Hell, you even like Monty Don ffs. But, you've had your go at it and it ain't worked out. After 7 years the writings on the wall fella. Time to depart; all this about hanging round for 6 months like a fart in a church is no good. Let Adolfo have his go eh?
Have worked out that if i can find the courage to buy @ 15.25p i can reduce my average down to 24.75p.
Don't think it will be today tho. I want to see what the press/analysts come up with over next few days. See also what Schroders/MW do.
There is possible value here at this 15p level. For those with a 12/18 month view. Mid 20's achievable?? Who knows.
Results to 31 Dec, so this marks the end to the Jon Lewis years. Now to look forward & hope the AH years will be better.
E&oE
@Xenor "Was this not expected? Been saying for months that it would drop on March results, that much was obvious and it's why the share price never recovered. I think it will hit new lows but there may be a buying opportunity before August."
Exactly, today was always going to be this way, as AH threw ALL the terrible news out to give himself a base from which to work.
Rise to 21p was indeed a 'suckers rally', to draw in the 50p by Xmas brigade
But, at some point the SP will bottom, then it will be feeding time, & a chance to lower your average...
"ShareheadWhat's your view please?"
Who cares a fig what Shareheads view is mate?
He's been banging on about 50p soon for months/years.
Even getting very personal & sarcastic with those of a differant view.
R.I P. Sharehead as far as i'm concerned
AH has done a video on Capita website for those interested
https://www.capita.com/about-capita/results-reports-and-presentations
Where is Sharehead this morning, alarm not gone off?
We are waiting for your 'eloquent' words my friend
Or are you lost for them.....
Results as expected; all bad news with promise of jam tomorrow.