Member Info for Lordy2020

Sorry 7 billion

I occasionally have a look at the posts re Cine’ - it’s sad but true, a lot of people are clutching as some very small straws. The facts speak for themselves, Cine for all intense and purpose are bust. The shares will never recover as they have a mountain of debt that they will never be able to re pay. Mookie is a complete chancer and he has helped you burn your money. How on earth can a company that generates the sort of cash Cinedoes ever expect to pay back 7 million?

£1.50 !! I could retire comfortably if it gets there. Nice concept.

Nice positive piece in the Times today page 52

Good news indeed today. It will be interesting to see how the 156m gets divided up. I just hope they use a good percentage to pair down the debt pile. It would be great if they are able to get below 425m or less by year end. still a long way to go, but hopefully heading in the right direction for a sustained period now.

Page 46 of todays Times tells you pretty much all you need to know. Get out ASAP whilst there is a pittance to still be taken. - after all something is better than nothing! Once the dilution happens the current shares are worthless and that’s it game over.

You are wrong. The shares will be suspended immediately if the application for chapter 11 is granted.

How long do you think the creditors will deem reasonable to pay back debt of nearly 7 billion?

Oh dear what happened to the 6p and rising? Greedy ramping always a complete waste of time

Of course you’d know about a people entered business wouldn’t you?!

Unfortunately it’s not going to make a dent in the 5B debt pile. Chapter 11 should go through this week and then nothing left for shareholders, complete dog.

Nice balanced piece in The Times today (p42 Business section). Verdict - Capita is a Hold

Lol, of course Lewis is going to present an upbeat assessment of Capita’s status,that’s what he gets paid to do, it’s called Spin!

Scathing, yet to the point commentary in the Times today!

Stock

Time to consign this stick to hibernation mode in the portfolio, wait another 6 months and see what’s happening. If anyone has a bit of spare cash rake a look at Fulham Shore, now this will take off soon. Ta ta

Agree with your comments. No mention of any shareholder returns for the future and no projected or indicative figure given for net debt reduction and when.

IMO a lot will be determined within the next 6 - 12 months as to how the future will be shape for Capita and value for investors.

I’ve not replied to DW, as I will wait for evidence to support or otherwise what his comments have implied. As for the trading statement tomorrow I don’t expect any upside, rather steady state. As for 40p by the end of Sept - I’m not holding my breath, maybe by year end!

Not posted for ages but it looks like the CEO and his team are delivering on their recovery plans. Hopefully the results and trading statement on Friday will be well received. Does anyone have any views on where they think the share price will go by year end if the news stays positive? Also what do cpi need to dotore enter the ftse 250?

Time to just forget about this share, hold it in the portfolio and check again in 6 months time. I cant see any really positive upside until debt is reduced further and growth continues, with an inflow of new or extended contracts