Member Info for Kipper9

Strangely enough, i can't find much to disagree with there; i've been decrying 'defence cuts' for years now

Tho am not agreeing that Capita are doing a great job, certainly not

E&oE

.......apparently not! lol

I'd like to say a special thanks to our new contributor, DD. Keep it coming please

A far better class of member on LSE compared to AD3FN, which is now infected with a particularly nasty worm

Actually, over the last few years i've been reading comments on here, i'm surprised we haven't heard from more ex & current employees.

imho......actually no. Fed up with that. Am going with .....

E&oE

@Crow,

"Roll on 30p (if we ever see that again) and I will be a hard seller."

Can i be cheeky and ask, would that give you some degree of profit (at 30p) or is that your target to not make any loss?

@Go.... nice post, obviously some intelligence behind your views

Odd quirk of human nature, isn't it, that seemingly good, hopefully respectful people in the real world, choose to come onto a public message board and make insulting remarks, hiding behind the anonymity of a keypad. Say things they would never say in person. In the end decent people come to realise just the type of individual they are.

Lots of comments today but only old Kipper here gets targeted.

Also i've noticed that whenever a certain person posts a message, within a matter of minutes they receive 3, 4 or more Recommends; doesn't happen to others. Again, more oddness.

Bring it on my friend....

@Tren...

So, IF i think that the FY Results announced on 6 March will be poor (or poorly recieved), then i may be better waiting for that if i want to buy. In your 15/16p region. As you say 'place your bets'.

You know, people make investment decisions based on many criteria. When i first bought into Capita i was in good health, for my age. But now, not so good. Hence my will to sell out. Maybe if some on here are also in their say, 'elder years', they may understand. I don't know. A younger person, who is 'going to live forever' might not quite understand either. But, believe me, your health does have a bearing on things like this.

Perhaps you can figure out what i am saying here Tren, (& others) and see this from my perspective.

I really NEED to get my money out .....

Nice chatting with you God fearing people today.....

@Trenners, that's a lot of money, thanks for your honesty

Lots of differing views on Capita today with only the one a personal putdown.

Seems some are only able to put their point across by 'poking' at others instead of stating their own viewpoint respectfully.

No matter tho as we Vultures have thick skins, and i can't even begin to tell you what our stomach's can digest.

Keep it coming bro......lol

16's incoming imv

@Trenners

Hard to disagree with any of that being fair. So, you don't advocate any top-up's at this level?

My frustration is with the stagnant share price. But not totally, as that can be the 'market', as with those companies you speak of. I bought Capita, partly, because of Jon Lewis. I fully subscribed to the turnaround rhetoric and am dissapointed that after 6 to 7 years we still do not make a profit. Recent analogies on here with Zuckerberg & Sir Clive Thomson bear witness it should not take this long.

To answer my own earlier question; are we where Rentokil was in 1990 when Thomson took over? ( or RR more recently)

I hope so, dearly i do. But i still will sell at break even. Stick the £30k in a tracker fund & hopefully sleep a little sounder.

PS; Am also in with VOD at 72p and ITV at 64p respectively. At least i get a divi there, for now...lol

@Trisor

"AH needs to acknowledge the underperformance-a bit like the RR guy did (perhaps not as stark!) . I dont want to hear about how wonderful they are. If they were all so goddamn wonderful Capita would be one of the most sought after shares with a P/e ratio multiples of where it is today

I don't mind acknowledgement of efforts made -that's fair enough but the message must be profit, profit, profit. Other wise sell it to a ruthless PE player for 46p and move on!"

Oh Lordy fella, we are soooo on the same hymnsheet. Some excellant posts on here today, from all perspectives; no name calling, just opinions on contant

But, wait a minute. Where is NF & AIM?

Board just ain't the same without them here, imv

"Oh and it would be a good idea if AH stopped writing sh*te on Linked In!"

Agree, wouldn't the Capita Investor Relations website be a better place to update all stakeholders, us included, on his monthly progress??

@Lordy

"It's true though, unless AH has a workable plan that translates into making CPI a profit making concern it will go nowhere. Granted the price, at the moment, is not truly reflective of the companies worth, but the market is dictating that. I just want to see concrete evidence of a constructive action and not just the spin that JL has been regurgitating for the last 6 years. "

Agree, i think this about where i am.

Just to be absolutly as clear as crystal re my entry price & strategy. I see high 15's to low 16's a reasonable enrty. Maybe an inflection point. Year low was itro 15.5p in mid October last. So i think my figures are in the ballpark. Anyone buying in this area might reasonably expect to do ok. If AH is a Sir Clive, that is.

Strategy; i just need to bring my average down to sell and leave with my capital intact. Recent high 22.5p only start of January. If i can bring my average to 25p, i have a change of getting out with the skin still on my teeth.

Others will have much differant strategies, and am respectful of those. But, at my age, i need to be out.

All imho

@Honeywell..."Must be a very poor forensic accountant!"

Possibly, but can you say hand on heart that you fully understand the FY numbers?

Must admit i struggle a bit....

@HHH "If not, it will just carry on disappointing year after year."

Or the farm will go bankrupt, one or 'tother

Trisor & HHH, excellant retorts, and i hope your analogies work out more correct than mine

I guess it comes down to whether a person believes the end of year numbers year after year.

Maybe another analogy for you folks with teeth long enough. Early 1990's. I remember a fella called Clive Thomson (later Sir Clive) taking over Rentokil. For 13 straight years he improved the profits by minimum 20%. The press dubbing him 'Mr 20%'. Remember anyone? So what Kipper? What's your point?

My point is we (shareholders) need Adolfo to be a Sir Clive more than a JL. If he does prove to be so then is Capita at the same time in it's history to be a Rentokil (later Rentokil-Initial)? I certainly hope so.

It may be so, but as AIM said at the weekend, there is no sign of a change in the fundamentals. If there was then Institutional Funds would be piling in, wouldn't they? We wouldn't be at 17p.

All food for thought, and respectful discussion.....imho

What the CEO has been doing over the past years is gathering all the revenue & sales of the best bits of Capita and throwing it all in his metaphorical bucket, giving it a good stir, then presenting it so mixed up a forensic accountant can't understand it.

Try this. A farmer, lets call him Jon. Basically he can't grow crops for toffee. So he sells 50 acres a year so the books look balanced. 6 years later he retires and leaves the farm to his son. Lets call him Adolfo. Only trouble is the farm is now only 500 acres & couldn't possibly turn a profit at that.

Does that make it easier for you good God fearing people!

What a load of complete tosh; nearly spat my cornflakes all over the carpet reading such codswhallop

Lets just pull this apart & add some facts;...

“We reported revenue growth, plans for doubling margins , and are working on positive free cash flow.”

Then CEO Jon Lewis wrote this in his 2018 FY Results in March 2019. An aspiration then 6 years ago, and still only an aspiration

“We also know that Capita has contracts which have recurring revenues over the long-term, which provide stability and recurring revenue for years to come.”

As Terry said over the weekend, revenue means nothing.

Revenue (Reported)

2018 £3,918

2019 £3,678

2020 £3,324

2021 £3,182

2022 £3,014

As Alan Miltz said 'Revenue is vanity, profit is sanity'

“we know AI and our collaboration with Microsoft are all focused on driving value and performance as well as delivering improved customer experience. “

Many many companies are doing deals with Microsoft on AI, including all our competitors; that is why Microsoft has recently overtaken Apple as the worlds largest company by market cap. In 5 years time if a company like Capita has not incorparated AI into their business they are gone. It's not a bonus to have AI, it's a necessity.

If anyone is new to Capita and this message board & are thinking of buying, then beware what you read. Do your research, your due dil, and make your decision from that. If I had to give just but one piece of advice it would be this; Do not buy based on what you read by us idiots on here, especially me.

Low 16's & I might be tempted; incoming soon....imho

@GoCPI, agree on most of that, and generally what you say

The 'JL' years will be behind us with these upcoming results to 31 Dec. Some will see him as the saviour of Capita, some as a destroyer of their capital. But it's time to move on and to, what we all hope, will be a great future. To me, that means Adolfo Hernandez, and what he says and does over the next 6/12 months.

Yes, Zuck is a good comparison. He realised something was wrong at Meta and announced that 2023 would be their “year of efficiency” . This has taken the shareprice from c$100 to now pushing towards $500.

That's the sort of CEO we want and am hoping AH will produce similar results.

Nice to see Terry back posting here after sterling work over on DEC board; always a balanced view.

Also Aim, people don't like his directness, but as a Yorkshireman I am more than happy to read his thoughts.

Lots of people on here can't tell the differance between wishful thinking and fact. Last year at this time we had a few of that ilk expecting positive FCF, profits & maybe a bonus of a dividend announcement. That didn't go too well did it!

@GoCPI

Excellant summary of the situation in your post at 15:21 yesterday, couldn't agree more with that

@HHH81 Nice find that

"Now now boys, stop squabbling & let’s have posts based on CPI itself"

Well said that man!

Sharehead is Heatseek from another site.....hounded me every time i posted there and doing exactly the same here.

Sad really.....

12 trading day's until FY Results. If they are below expectations we may all be feeding on the carcass of the beast itro15p

Have a great weekend Vultures

You 'sound' very familiar to a poster at another place.

Attack anyone with a differant point of view

...especially against me

Just to add; my holdings are within an ISA so no CGT loss for end of year tax purposes