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Unfortunately I can only see downside resulting from the H1 results. Market sentiment is so against this stock at the moment, and with very little concrete good news, steady state of where we are at now (mid 20's) will prevail. The Cyber attack has seriously hampered CPI over the last few months, and came at the worst possible time, as it completely eroded any upward sentiment and price rise. Dividends? - forget it there is no possibility of this, we are a year away from an notion of a dividend. The best we can hope for tomorrow is no more bad news and that JL delivers a statement that is clear in all aspects, not the 'oh so often' smoke and mirrors.
I rarely post these days but I'm surprised that, despite overall market sentiment, driven by geo political and macro economic events, being negative, there has not been some upside to the share price. Unless I have missed something the investor relations event a couple of months ago offered a consistent and frank view of where CPI is and how the transformation of the company, which very much includes debt reduction, has proceeded. I would have expected some upside in the run up to the H1 statement, but so far nothing. I guess its a question of keeping the faith or bailing!
Totally agree Go CPI - I do think though that completely eradicating debt is still a top priority, as it shows the recovery plan has worked, not the only positive factor I know, and that there are no smoke and mirrors lurking. As close to transparent accounting and factual data release is important in winning confidence. If and when the conditions and sentiment are aligned I'm still of the view that we have a seriously undervalued stock here.
Yup you cant get away from the facts 2008 banking crisis and 2016 decision to leave the EU, has impacted significantly on our economy. Even the staunchest Rees-Mogg type, if honest, would cast doubt on the wiseness of such reckless decision making!
Maybe - but I personally do not expect anything definitive re dividends in the H1 statement. I think they would be best served shoring up the cash flow and eradicating debt further, as the priority. Market sentiment across the whole of UK plc is at rock bottom at the moment and good news is best served when, and goodness knows it could be quite a wait, market sentiment turns positive. Capita, like the rest of UK businesses is subject to economic conditions that are not favourable at the moment. Sorry to state the bleeding obvious.
I couldn't agree more 'Laughing', re your comment toward NOFEAR. He/she/they - continually exhibit all the quality and intellect or a complete moron, with nothing better to do that contribute drivel and seek to devalue the contribution of those people who are trying to promote sensible fact based opinion and debate re capita.
I don’t know the answer to this, but given the posts earlier today with cut and pasted information, whether the coverage regarding the data breach is wider due to the fact that public sector organisations are, in line with their governance policies and procedures, required to make publicised statements- demonstrating their remedial responses.
I’m theorising about this as I don’t think that there has been a similar level of coverage in relation to the data breaches of say EasyJet and BA, which happened in the recent past. The run time of media coverage seems a bit excessive to me.
See todays Telegraph article, where Capita stating the cost of cyber clean up 20 million! No mention of that yesterday on the webinar! This does not sit well at all. Capita can try and sweep it under the carpet but the market’s certainly won’t. I wonder what the next negative episode will be - CPI just can’t get in front of its self.
This was my question sent into the Q & A facility on the chat - "A question regarding the recent comment(s) in the Times, that a number of people are asking. Was there any truth in the suggestion that Capita 'paid off or negotiated' with the disruptive 'hackers' who have recently infiltrated Capita's internal systems and those systems of its customers?"
A direct answer was nicely avoided. However from what was said at the beginning of the response said it all - Helen was clearly bound by the rules of disclosure. In other words a negotiated settlement happened and is subject to confidentiality. However ................ This is old news now and the presentation was very good I thought, despite the knockers and the odd media bashing Capita is clearly in a good place going forward.
If like me, you are a long term investor, then the future is promising, and not just built on 'puff' - there is clear evidence of the effectiveness of JL strategy over the last 5 years or so and the company, in my opinion, is well placed for growth. Its a hold for me and I would hope to see a rise to the 60-65p range by April 2024.
David Page - has continued to profess the strength of the brand etc. yet he is endorsing a sale, vastly below where the companies potential value lays.
Many share holders will loose out, whilst Page and co will disappear into the sunset counting their cash. Fair value imho is nearer 17.5 pence and this smacks of not having the drive to continue managing the company. I’ll be voting against the offer!
A very wise move indeed! All the speculation, right or wrong is just not helpful. That's not to deny, or judge, people voicing their opinions. Thank god we live in a country where we can. If this is a long term play, for which it is for most of us, unless we need cash and have to bail out and take a hit, I'm looking to put CPI to bed now and lets see what is happening a week prior to the H1 results. Genuinely good luck to all those who have stuck with this stock, I'm sure it will come good - the question is when?