Member Info for Lordy2020

Indeed - lots to like in todays RNS. However, picking up on comments made by others re the possibility of a dividend re-introduction in 2025. Sorry to put a downwer on this but I can't see it happening. Generating free cash flow is one thing, its dispersal is another. I remember the webcast with AH after the YE results were released, when he announced the 100m additional cost savings. When asked about dividends, he was almost dismissive of the idea. In anycase I'd sooner see a share buyback first.

I think any free cash will almost entirely be used to reduce debt further and reinvest in CPI's infrastructure. I personally do not see any chance of a dividend until 2027. The key thing at the moment is that AH delivers on what he has stated publically and that CPI starts to gain a reputation where they are viewed and seen as a trustworthy organisation. Apart from dreadful performance under JL's leadership, the reputation of the company has suffered hugly due to the misinformation that has been given to the market, and shareholders, consistently.

@Savage - boring and more boring, your comments are pure conjecture - why not take a day off and give yourself a rest.

@JG68 - As they say "same sh*t another day". Despite the fact that we may get some interesting info placed before us on Thursday, apathy seems to have really bedded in with CPI. I guess there have been too many false dawns. Just got to hold tight and hope that AH can deliver a plan that the markets will warm to and it actually positions the company where value is created for the long suffering shareholders. Yawn, yawn - I feel I've said this all before.

Thanks AIM, looks like a development, that if successful, could prove very useful as a delivery model that could be adopted and used by a wide range of customers. Certainly very good cost cutting potential and the key, I think, will be its effectiveness and customer satisfaction.

Well another boring day/week/year in CPI world. However, the return of Aim and NOFEAR is welcome.

@JG68 - things can only get better (well maybe) .

I'm not sure anyone has implied that the turnround will be achieved in 2024. I dont expect any real positives until August update in 2025. The best case scenario then will be a material positive and tangeable impact of the cost cutting, currently underway, with more to follow. In addition more contract wins and increased revenues. It's all very frustrating but the choice is stick with it and gamble on recovery or take a hit (personally that would be huge at the current price) and bail out.

This is hardly new news as it has all been previously stated. Whilst I'm not sure why the company needed to release this information today, maybe to get it out of the way prior to the markets event in Jun, if so that makes sense. I dont expect August to offer positive info either - its what comes after the cost saving measures are actually implimented, thats when the substantive picture starts to emerge and we will see what other actions the CEO can take in terms of further cost reductions.

@ Culley - I completely agree, it will be August 2025 before we see any sort sustained upward momentum. Maybe a few spikes and then drops at different intervals along the way. I'm hoping for 45-50p then and I'm out, held this dog for too long.

At last CPI may now have the key components of a senior management team who are able to take the company forward. This is now Adolfo's team taking shape and the old guard will be gone soon, thank goodness.

Lol - Just tuned in to see what the word on the street is .......and guess what....... same sh*t another day!

Quite the opposite - the whole concept behind outsourcing is that it can be delivered cheaper. The economics stack up and rather than a reduction in the possibile opportunities, they will increase if anything.

Totally agree Mr NO FEAR, the ftse 250 was bubbling along nicely earlier, well over 100 pts and now heading south, for no other reason than the bloody Dow. BTW thanks for the recent info you posted. An interesting and informative read.

As much as the Labour party would like to bring everything in house, they simply do not have the expertise or infrastructure to do this. Outsourcing has been increasing in contract volume consistently for years and the incoming Labour government have far more pressing issues to deal with other than what mechanisum and process they adopt to deliver public support and infrastructure services.

Capita's reputation for delivery is improving and they have anumber of contracts that are either fairly new or are subject to extensions. Most of these would be considered vital infrastructure services and these would not be in line for any cuts, the axe will fall in other areas first. Hold your nerve. Nothing has changed for the worse in the last few months. AH's plans will be disclosed in more detail in June and when the market can see that he is a CEO that delivers, rather than one that lies and produces a heap of worthless 'spin' + moving the company towards profit, the price will rise.

Many of us are in too deep to bail out now and we just have to take it on the chin. Finally, all this bol**ks about target prices of 12 or 12.5 p - get real - thats day trader talk and most of you who say you will buy in at these prices are talking rubbish - as you dont have the spare cash to do so. Your just kidding yourselves.

I'm generally finding avoiding this message board at the moment is quite useful (saves on depressive reading), despite some really good posts, (a number of which from NO FEAR) from other members. Its a reminder of how downtrodden and depressing being a CPI holder is. A paper loss of us over 6 figures is like a millstone around mine, and anyone elses, respective necks.

There is no option to sit tight and hope that AH sows some seeds for recovery when he produces his roll out plans in June. This share has been absolutely hammered and its only proven results that will turn it round. Good luck to all those suffering.

I'm sure opinion will be divided, but I liked the straight forward way AH presented his answers to questions. When asked re dividend - unlike JL, an honest answer and no committment to actually paying a dividend, rather a suugestion as to how best to create value and progression with free cash. My overall impression is that AH has a plan and he's head down to deliver it. He knows there are no magic bullets and asking for time to deliver. What other options are there?

Kipper9 is right the more you eatch and listen to AH the more impressive he sounds. The guy has got a proven track record of delivery as a CEO in a range of businesses. I'm looking forward to the event in June as I think ihis plans and vision will have substance and real trrth to it. The markets have not liked Capita for a long time and I believe we now have a leader who will take us to a much better place and the markets will warm to CPI as plans come to fruition.

The question of debt related to leases is something that has always made wonder, in terms of who they seem to represent it in the accounts. I had always assumed that it would be listed as an annual operational cost and apportioned across the various contracts/operations. Its an area that keeps getting talked about in relation to overall debt and I wonder how aggresively they have look to cut property costs and move further towards a hybrid working model.

Definitely not Dim @ Kipper9 - you make somne good points.

So you were right Aim, and ……. Who gives a fu.k, you piece of s..t