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As expected a lot less noise on here today. I think the drop in share price yesterday has been excessive, but predictable, as any negative news seems to effect CPI's share price in an overly downward fashion. I fully expect a rise over the next few weeks to get back up to the 18/19 levels as buying momentum returns.
I for one envisaged steady state yesterday, as the bad news, re the outflows had been in the public domain for sometime, the market however thought differently and I also think that there is some MM manipulation going on as well.
Having though a bit more dispassionatley about the rout yesterday, it just reminds me, yet again, that this is a long term hold and if AH has chucked all the negatives into trash bin, with his statement yesterday, then thats a good thing and he can manage expectations a lot better and with greater transparency.
As many people will agree, we have all got sick of the continual rubbish and mis information that JL and Investor Relations have been putting out in the public domain. The market simply do not believe anything they say and quite frankly neither do I.
In the short term I hope that the starategy that AH and his team put out in June is robust and has real teeth that make a positive impact and that we start to see the green shoots appear in the H1 statement in August. Whilst revenues are stated to be flat in 24/25, these is always the possibility of contract wins, but the key will be real cost cutting and efficency savings that can more CPI towards profitability. Sorry for the length of this ramble!
Disaster and its a worry, as unless the outflows can be turned round CPI is going to the wall. Paper loss of 100k, so the long term has just got even longer. I just hope all the bad news is out, which would make sense for a new CEO to wipe the slate clean, so to speak. Lets hope June's anouncement offers some crumbs of comfort, but realistically I cant see any positives until the end of 2025 (same old story), and that assumes that AH's plan delivers. Boy do I feel stupid not reading the RNS thoroughly before my first post today! Good luck to everyone who is stuck in. And ..... Sharhead please tone down the ramping. ta
Yawn yawn Sharehead - so you’ve brought more today? What utter sh.te you come out with! Given all the ramping out continually trot out I doubt if you have got any spare cash to invest anywhere. Even Noclue talks more sense than you, on occasion.
This is the bit of text I like - "We need to deliver a rapid reduction in our cost base and are on track to deliver the net £60m annualised cost savings, from Q1 2024 as announced in November. Today we are announcing further material efficiency improvements of £100m to improve our competitive position.
"We have strong foundations and the opportunity for significant growth in the medium and longer-term. I look forward to sharing more details on Capita’s future strategy in June."
AH is suggesting he has a plan, it will be interesting to see what the 'efficiency improvements' will look like when they are anounced.
@Trisor - there's too many shares in issue for this company already! Better idea to raise money is for all the sooopa dooopa nerdy employees who want to insert themselves inside AH to dip into their own pockets or sort out some crowd funding!
If you read some of the comments, clearly written by sychophants, in response to AH's post on Linked In, you'd believe that he is the second Messiah. What utter drivel and pure spin - I hope this guy realises that its profit, a substantive workable and productive plan is the answer to driving success for CPI.
Gents - very amusing and descriptive posts, the farm analogy is a good one. 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. No more smoke and mirrors, evidence!
Well said GoCPI, its evidence that will move this stock forward and not the ususal spin and false unsustanciated promotion that the company has been indulging in for the last few years. I also think that there is a hangover from the news re the cyber attack and, even given the consistently poor performance, Im slightly surprised that this weighs heavily on the company. Granted the IC has not made any noises regarding if a fine is to ne levied, but if you look at how other, and more serious, breaches have been dealt with then I cant see this being a problem for CPI now.
ar ha looks like another day of shareholder value going into reverse, not a word from the new ceo yet, he’s probably got his work cut out serving up the board and jl coffee and biscuits! oh and then there’s all the **** they’ve created over the last 5 years or so to clear up!