Member Info for kularatnam

Simpiles

The number of employees (43000) is according to CPI website in the " About - Capita" page.

But still 38000 is a large number.

Honestly I didn't mean to offend you or Adh or anyone. I just gave my perspective. I need to thank you ,Adh and other former colleagues in sharing your experiences and for being honest. I endorse

SK, Thank you for the correction.

Sorry a correction SK's predictions

"SP well be below 10p next week and pound will be $1.185 in June. Much to look forward to."

Hi all. I thought of making a suggestion. Shall we continue the discussions on CPI under this caption/thread as "Power of Dollar" is waning and not very appropriate right now. Also SK has set two targets - SP well be below next week and p£ will be $1.185 in June. Much to look forward to.

On the observations of Aha and one or two former employees , we can see a glimpse of what was happening at CPI , but I would be specific to say in their Divisions/teams. With due respect to them and their observations, I would also add that we need to look at the "Bigger Picture". CPI employs over 43,000 people, so many locations ,large number of divisions and churning out a revenue of around £3bn shouldn't be as bad as it is portrayed, as an employee at whatever level will only have very limited visibility of what is happening in the group. This is where a good CEO comes in. All we need is a kind of fine tuning of things. All we need is a 5 to 10 percent improvement in Costs or Revenue. Hope we achieve that. GLA.

Hi NOFEAR

That means Tim, Pablo & Helen all would have been working together at G4S. what a coincidence. This is UK corporate world.

Appears to be a smooth and cordial transition. Normally only after someone at this level announces his/her resignation you look for new candidates and it takes a long time - more than three months - to find a replacement. Sorry for Tim, he has been sick for sometime and may not have been at his best. That does not mean he justified his tenure at CPI. Pablo may have been his junior at G4S. So there is a possibility Tim would have recommended Pablo.

This also shows the impartiality of AH because many of us here thought Xenia would have been the successor since Xenia was his CFO at SDL Plc.

To Lowden's credit, AH becoming the CEO. GLA

Thank you JG & ISE for your valued inputs.

Still, the market looked at the past and reacted but the major and largest shareholders holding their nerves and looking into the future, which my feeling is good. GLA.

I still cant understand why the SP dropped so sharply from the 20s to the present 13+ soon after the results in March. Market knows what was coming but, yet reacted very negatively. But the consolation is none of the big shareholders have dumped their holdings.

To me, the most important positive thing that came along with the results is the £100 mn cost cut. With the £60 already announced it is £160mn. What amazed me was that this guy, AH, just two months into working at CPI to announce this reflects his sharpness in his assessment of the group 's working, identifying problem areas and coming up with this cost reduction, within this short period of time. In contrast JL took 5 years to come up with the £60 mn . That makes the difference. I even suspect that this £60 also would have been on the initiative of AH, because AH was already into CPI from about July 2023. Imagine £ 60 was saved for 5 years we would be having £300 mn in our kitty. Fast forward 2026, we are going to have £ 500 + mn in our system.

£160mn doesn't end in savings alone. How about the coat saving on the overall base cost. We will be less by more than 5%, which will enable CPI to quote competitively and enhance the prospects of contract wins and higher margins. All sounds great. GLA.

I don't want to entertain the idea of Takeover or Administration so long as AH is in charge. He is on a mission and has substantial stake in Capita and will want to make IT great. It is no secret that CEOs make or break a company irrespective of the external factors, because companies have thrived. I believe we have a top tier CEO and he will make things happen. Be patient till June 13th to hear from him what his plans are and what he has already achieved. IMO

GLA

I also think the chances for downside are less. 1% reduction means it is about 17 mn shares and the selling must have been going on for the last couple of weeks. Market must have been aware of this volume for sale and that was why the upward trend of 14+ didn't sustain , and always pushed down during this period. Selling pressure being out of the way SP should stabilize @13/50 or more. IMHO.

No problem .🙏

Capita was founded in 1986. Not before 1970.

Trisor, I agree with your point of politics has some relevance in the running of Capita. But level of negativity given is unprecedented. Outsourcing companies like Capita, Serco, Mitie G4S etc have been in existence and have even flourshied more than four decades. They have been through all these stroms -different political parties ,ecnomic wobbles etc

But as you say a good and cabable ceo like the one now we have will turn things around.

This board has become a forum for discussion about national politics ,economy and not about Capita which is in the midst of transition.It is ridiculus.GLA

Same daily pattern. Rises in the opening , drifts downwards during the course of the day till the end.Will it repeat???.Hope not. End in green.

Still no clue as why it popped up yesterday's close.

Governments spend money based on needs of the public and or to maintain their standing globally. And they will find money in various ways. The services provided by Capita are essential and necessary and therefore the demand is very inelastic imo. Same applies to funding Ukraine war - tens of billions - because govt thinks it is necessary.

That said , there may be cuts possible , but not to the extent of derailing Capita, because of the importance.

Then again we are talking subjectively. Because Capita does not provide services just only to UK govt but also to other govts as well. Not only that, their customers include private sector businesses as well. if anyone has information of its revenue split between , UK Govt , Other Govts and the private sector it would be more useful.

Having a CEO of AH caliber, I will assume they would foresee these headwinds and endeavor to shift the revenue mix between govt and private, more towards the later. All IMO. GLA

Simple’s ,agreed

Looking deeper into XW being selected within the the top ten CTOs, worldwide, does it not mean that she has achieved/ accomplished a lot within the short period - less than 3 months . So when hear from AH in June we will know not only strategic plans and directions but also the level of performance , that is miles ahead. GLA.

Thank you Culley 01. Btw, Xenia was the CFO at SDL with AH. Many may know about it.

In the linked in pages of these senior exe. Ah,XW some useful information is available as to their initiatives with AWS, Service now etc.

Https://technologymagazine.com/top10/top-10-chief-transformation-officers

DarkBlue & GoCPI, I fully agree with what you all said. When you says Macro Economic indicators are going to have an impact on a tiny company ( in relation to national economy) like CPI, and then say, a development directly at CPI, is irrelevant is hypocrisy at its best.

BTW, CPI has opened a second office in Sofia, Bulgaria last week.