Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Potentially impacting words from our new leader, I'm looking forward to seeing him translate his grand works into meaningful action that actually creates value for my investment which, like many other, is showing a 6 figure paper loss at the moment. Good luck if your still on the ship!
The new CEO has made an impact already - I bet he's having a coffee and chat with JL about all the value thats been created for the shareholders during his tenure! Whilst AH has not noticed that the share price has opened lower this morning! I wonder it CPI will issue an RNS later to say that he actually made it into the building? Maybe he's seen the light and walked
For those of you who continually play 'banter tennis' with Aim & NOFEAR, whilst professing to state this is a serious and informative comment board - why dont you just block seeing their comments? Its often stated by a number of individuals that neither of them (assuming they are not the same person) have anything of value to contribute, yet you still respond to the sh*te and drivel they post. It squite easy just filter them out!
As expected a slow start to the new year. In relation to CPI, I guess we are waiting for the new CEO to start on the 17th. Whilst I don't expect any fireworks re the share price I would expect a positive response from the market around his arrival. Whilst there are a numer of potentially possitive factors that may come into play (as mentioned by many others), I do think the really interesting one will be around his experience of AI and how this can be translated into cost savings and greater efficiencies.
TU delivered and it was, as predicted. Personally, I like the fact that the update is consistent with what CPI have been projecting in recent months and there were no nasty surprises. It does seem that 2025 is the year when the company, setting aside anything else that the new CEO does in terms of cost reduction, really starts to deliver for the shareholders. Any costs associated with cyber, pension and redundancies all dealt with in 2024, the value from the current contracts and their delivery will put the comany into a position of sustained profitability.
Mid single digit margin would suggest greater than 5%, based on current revenues being just under 3 billion, thats a projection of 150 million (or there abouts). We are then talking dividend reinstatement etc. This share is a medium to long term hold and thats the only way to look at it in my view (thats always been the case for the last few years unless you have taken losses). There will be no fireworks and anyone who expects significant rises in the short term would be well advised to look for other opportunities.
@JG68 - I couldnt agree more with your last post. No one wants to invest in the UK and any and any IPO's are being listed elsewhere. Blame who, and what circumstance, you choose, but the economy has been flatlining for years now and there are no signs of recovery, despite stocks being at record lows.
I'm still optimistic regarding CPI, but its getting a bit wearing and I just hope some factual news pointing in the right direction prevails on Thursday.
@ Broomtree - Thanks for that, and your comment re including debt as a working capital expense is useful and concurs with my thoughts as well. Be interesting to see how the trading statement this week impacts on the price. All the recent anouncements hopefully indicate that its steady state and as forecast.
Did anyone see the City AM article on Friday? It mentioned the high debt level, which I'm struggling to get my head round - in terms of what this actually means. I've tried to research the various contituents of what makes up the current debt pile and I'm still unclear. If anyone out there has a grasp on exactly what this includes, for example liabilities on leased building (and for how long), I'd be greatful to gain a rational and factual undertsanding. Thanks.
FAO Chiefofchief and anyone elase who has an opinion on why the price is low. (Chiefofchiefs wrote - "Looking at the fundamentals this share is hideously undervalued. Comparing to their peer group, Capita should be trading closer to £1 as a minimum")
Can you please explain the basis of your price assumption and who would you put in the peer group. I'm trying to understand how you think that CPI is undervalued so much?
The fact is that the company is not making a net profit, its still has significant debt, its consistently economic with the truth when it reports and has a habit of successfully undermining any good news with yet another drama or issue that is challenging! This is a genuine question.
CPI are running, what is generally accepted as a standard process these days, of conducting a to the letter redundancy process. The timing is due to getting it all done and dusted by the end of the calendar year. Hence they commence the next trading year with the costs associated etc reported in the current year. Make sense and no hangover into 2024. It will be interesting to see if the new CEO strips further 'excess' out of the central structure. If he is the person to introduce automation and greater efficiency then this could be the first of a number of such staff reductions, which as long as CPI deliver will have a positive impact on the share price.