Member Info for Know0

Volcano - let me remind you of the company statement from 5 weeks ago - think your statement is fishing for someone to talk to

" Â Capita PLC on Tuesday said trading has been in line with expectations and the outsourcer expects to comply with its debt covenants.

For the first quarter, revenue fell 11% to GBP803 million from GBP902 million, though operating profit tripled to GBP36 million from GBP12 million.

Capita said the "greater part" of its revenue has remained resilient, with the year-on-year fall driven by the impact of Covid-19, largely in its transactional businesses - such as travel and training - and contract losses announced in 2019.

The revenue reduction in the quarter has been mitigated through cost actions taken over the last twelve months, the firm added."

That situation will not have altered much in 5 weeks

GLA

Eats - similar, but a little bit bigger for me - i would be reducing at 52p to about the same amount as you.

This is way to cheap and sometime it will bounce - although last 2 days have probably been II reducing so Im expecting more RNS and more red tmrw - fingers crossed Im wrong!

GLA

Well, I'm not selling! Just adding if it keeps falling! I'm in for a lot but still in profit - happy to hold through 2021

GLA

Ah yes - thanks Eats

Eats - I remember you saying that you had a buy order in around 38.5p?

Is that still where the data sits? I have another one at 40p, that I didn't think would get there, but maybe it will tmrw?

NoFear - it is amazing that 2 Brokers at almost the same time get such different results - but we know that they aren't totally objective in their comments

There have been a number of contract wins that will need to be monetarised and become profitable before the SP will get to the +£ but I am still confident of back to 50p before year end, before retrace to mid 40s

With the big swings that have been continuing to happen MMs are very easily manipulating even greater variances quickly.

Will be very interesting to see a Schroders RNS tmrw where they have dropped a few pips again?? This could easily then be at 38p tmrw - the rate they significantly increased their holding

Feeling bad for tmrw but feeling good for Christmas
GLA

This share is so frustrating!

No reason that it should not be pushing on now - I know I will get the usual "Patience" but to go red again today is frustrating after what weve been through this last week

Dave - Not sure if you think I was Isaburk or if Im against CPI also?

I can assure you that neither of those things are true!

Far from - I came in at 23p kept adding (loaded up when I saw Shroders buying at 38p) and day traded for a while - I'm currently in at £86k (exc profit) yes its a bit more than I wanted to be but when the share price fell again I added (inc £25k today)

I definitely think 2021 will be CPI year - just would like it to get to 53p and I will take a chunk out - thats a little more invested here than most that I see

Cheers

But contracts are not being lost - they are being won, plus cost savings created by CV19 will continue

In profit not loss so all of your metrics appear opposite to where we are in source an application of funds?

but they are also taking debt so dont focus on £280 its £400M when all said and done

Dont think they will now be in a closed window as the RNS was issued yesterday, so Directors should now be able to buy

Thats my understanding?

No panicking at all guys - Ive added £25k today!

half at 43.8p and half at 43.0

Yes I think we will pull back before Xmas - not sure we will hit 50p before Xmas though

GLA

Would be great to see Directors and Schroders adding at these prices

This would also really push the SP

There is little reason for CPI to be affected by either Brexit or CV19

As someone said, £400M was significantly down on the "Excess of £500M" that was previously stated by the company

I am invested to a significant amount (which it was less now!) but still in a decent profit so not worried

But I do think this will be a slower burn now (Q1 2021 rather than by y/e) for this to get to my first target of 53p where I will reduce and take significant profit

GLA

I agree that many of us Longs see £1plus "reasonably" soon - but we've failed to hold 50p so 75-80p would give an new owner a great upside whilst also providing a 40% increase on what the market is currently dictating?

With ESS Sale now agreed, and SP falling back, if there us anyone sitting in the wings waiting, this may flush out a bid?

A 75p bid would turn a lot of heads and maybe enough to get it done.

Don't forget the New CFO is an M&A Specialist.

Be careful where you set your sell limits - an offer could be around the corner?

Thoughts?

Would be great to see a large II after hours?

Didnt quite get to my 44.8 buy order to top up but I have a very big holding anyway

GLA for a rocket tmrw?

would be great to end up green today - last hour - come on CPI

Added again in my ISA

Many thanks guys for the reporting.

Lets hope we get that expected bounce soon - back to 50p and hold would be great

GLA - anyone else added today?

K0

any sting in the tail??

by far the worst performer - this week - Ive just bought back into Lloyds

We need a spike like the Diamond co Eats & I have a small position in - up 25% today!!