Member Info for Lordy2020

I blocked SK ages ago and I'm struggling as to why others (seeming more intelligent people) continute to respond to the drivel SK posts, rather than blocking him or just completely ignoring what he posts. SK clearly is someone who thrives on posting rubbish, with the full expectation that it is responded to, the accuracy or quality of what he/she posts is irrelivant to SK - its all about the engagement process.

What did people expect today, particularly in light of the concerns about the global economy and the US going into correction territory. There’s a lot of noise of this board about daily price fluctuations. It’s boring and unnecessary, if you’re here as an investor then this would be an item of chat really. If your day trading and trying to pinch a few percent fora small profit, I’d respectfully suggest that CPI isn’t the share for you, there are better alternatives out there.

@Trisor. - A 50% strike rate is very good in the current climate. I expect it to increase as the company repositions itself.

@rotsveni in other words more disposals, as part of repositioning the company. This is to be welcomed.

Thanks for posting that AIM. Not much of a read but any info is useful. Thanks

@ Kipper9 - Socialist or not I'm sure we can mostly agree that there are issues of the distribution of wealth that cause problems in our society. But thats not for this message board - many of us probably wish we never invested in Capita in the first place, but do now believe that the future looks genuinely brighter than for a very long time. Whilst there gas been recovery, even some growth areas, in the market since early 2022, Capita has been hammered at every opportunity (often quite rightly so) by the market and is now, as many people state, seriously undervaled.

I'm not going to run the slide rule over all the mistakes and mishappenings of CPI during the last few years, they are well documented, but I firmly believe that we are on the cusp of a big hike in the share price, which hopefully will deliver some profit for the long standing shareholders.

At risk of stating the obvious - we are all hoping for an 'in line', or better, set of results on Friday. Personally, I just hope the plan that AH and co have launched is making progress and there are no nasty surprises, as was all too often the case in the JL days. I think the advances CPI are making and the vision that AH has, will start to deliver in real terms in 2025 and, like many, I have waited for a real turn round to happen for a long time. If things are progressing well, then another year for the creation of some real shareholder value is well worth it. Good luck to all others who are long suffering.

@ Trisor - Sorry I completely disgree. Labour nwill do the opposite and invest in outsourcing. Why? because it is cost effective and no one can afford a lot of services these days, that were traditionally provided in house. Organisations like CPI are trying to position themselves at the cutting edge of innovation and forward thinking in terms of its overall approach and also how to utilise AI in the best way possible.

This is a fast moviong area and in our current CEO we have someone who clearly understands it and has the vision to drive forward, bringing people on board with him.

The labour party (mostly) of today are very different to the unelectables of the eighties and early 90's and they have to save money where ever possible. There will be no policy shift back towards any industry or commercoal enterprises who are heavily reliant on large scale human employee numbers and antiquated systems for delivery.

@ Trisor - yes you are correct about 18m. I would prefer Capita to reduce the debt pile further and invest in new initiatives and technologies that will secure better long term growth. Don't get me wrong any dividend would be much appreciated but, for me, its the longer terms gains that are the most important.

@Savage - sorry but I have taken the step to filter you out - difference of opinion is one thing, but posting plain rubbish for the sake of it I can do without.

@Savage - I'm not sure I should indulge you with an answer Savage, but. If you read what I actually wrote then you'll see that I was commenting on the fact that there has been no sectoral reduction in revenue. Of course CPI has reduced revenue, it stands to reason with JL's approach to reducing debt by asset stripping and reducing 11 departments down to two. And as well documented by the more learned folk on this HYS board - revenue is only any use if it delivers profit. Now please eff off and if your going to comment further - try and put forward some reasoned or informed comment - positive or negative - but with adult reasoning behind it.

Over and out - off to the Oval via the pub to indulge in beer and cricket.

@ Savage "Alternatively... the trouble at ATOS and the well embedded long running decline of CPI could in fact suggest some big issues sector wide, perhaps this could signal contagion spreading in the sector? CPI looks vulnerable and ATOS could just be the canary in the coalmine?" Savage, what on earth brings you to make such a statement. We are talking about the problems individual companies face, not a sectoral issue. If there was skrinkage in the size of the market, you mightb have a valid point. But thats not the case, if anything the outsourcing sector will increase in value over the next period of time.

The obvious difference between ATOS and CPI is that Capita have done the hard yards and have/are reducing debt, with plans to go forward that are founded in a realistic projections, with a strategy that is deliverable (imho). To reduce a debt pile of 5.5b put ATOS in the Cine league and there aint no coming back from that. Government's, particularly the French version, are in no financial position to bail out ailing companies, and I doubt if they would in the case of ATOS, as it would not be an investment which would deliver a positive return.

Capita are well positioned to consider growth by aquisition, but only if it fits with their strategic objectives. AH is a considered individual who has a plan and that will be put first and foremost, in any consideration for opportunities that may arise from the likes of ATOS.

Potentially interesting and its a good point made about revenue, as we know only too well from Capita's perspective. I would like to think that AH and the team are either in direct conversations with government right now, setting out their stall and creating capacity should an opportunity land, with a requirement for a quick turnround.

The good news is that, I think we can trust the new team to enact proper due dilligence in the event of a contract or two being offered and would only engage if it was 'right' for CPI. It looks as if ATOS have probably suffered the same fait as Capita in the passed - accepting contracts that do not have the requisit profit margin possibilities.

In any event it will be interesting to see how this unfolds, but imagine how a profitable contract of say 1bn would be great for CPI's revenue and portfolio.

Indeed there may well be opportunities to come, I doubt if any current sharholders want Capita to be a takeover target whilst the price is so low. I cant see the board, given the new Senior team are starting to execute their recovery and development plans, going anywhere near takeover talks at the current time. The absolute minimum for any takeover would be aroun55-60p per share and we are nowhere near that at the moment.

Slide 55 from Tim Weller is very interesting and seriously encouraging - IF - it comes to fruition.

@trisor there are about 20 ish people in the room. Company employees and Institutional Investors. The webcast is very good.

@Savage - I'm sure your watching the webcast - no spin here, I'm looking at a leader who is a breath of fresh air and delivering with transparency and conviction. Mark my words this guy will be universally accepted as the person who, together with his new team, finally terned this old dino' of a company round.

@savage - you complete ****.

The new Labour administration will do what the Blair administration did in 1997 - they followed the Tory spending plans until their first comprehensive spending review (CSR), which applied their own plans from 1999 onwards. It was smart move by Blair, as anyone that had issue with it at the time was told it would be reckless to do anything else, which could put the economy at risk. Granted the economy was a lot stronger in 1997, but it brough the new government time to build up a war chest for future spending.

There is less money around now, but I expect the same principle to be adopted. With regards to CPI - I only see increased opportunity coming from a new administration - the dye is cast for servicing big government contracts and outsourcing (whether you support it or not) . Central and local government, to a less degree, are looking to outsource more and more, as its more cost effective - you only have to look at the difference in pension arrangement between the public and private/third sector as an example of a marked difference in cost.

@Trisor - My dear Trisor, the thoought of CGT is a million miles away from my mind at the moment, any incoming government will have a bundle of priorities before it messes around with CGT. And even if they do I expect it to be targeted at much higher levels than private investors might realise. Personally, I'm in the whole for over 100k with CPI, so an notion of paying any CGT is irrelevant in my world, and I suspect its the same for many others right now. Lol - I need 46p per share just to break even.