Member Info for Lordy2020

@ Trenners - well the good news is, we are not completely dead and burried just yet. AH might weave his magic and produce a turnround, the Jne anouncement and August H1 results are going to be very significant now, but as we know the current year is projected to be pretty similar to the last one. Any restructure will come at a cost and will increase short term debt. Any new business wins will help but its very much about the future and I cant see any upside for at least 18 months now, if at all.

Whilst JL is a complete c**t, there seems little point in continuing to focus on his substantive failings. I just hope the 100m savings that AH is proposing to deliver is just the start and the surgeons knife will extend further and cut out more of the unecessary fat that has existed for far too long. I cant see this going much lower, but as we know the market will manipulate all it can to get MM's and their buddies buying as low as possible. It would be interesting to know (not that us PI's will) what the II's take on all this is.

Like many others I'm nursing huge losses 100k + and accept the fact that can be the nature of investing. However, my decision were made on the most thorough research I could do (maybe not good enough) and on what information JL & IR had been putting out in the public domain. My view is that JL is a complete sham and an outright lier! His only mitigation is the fact that he is also a complete incompetent. The board, as the guardians, of the company are also culpable for not getting rid of JL long ago. If you read through some of the statements and projection JL has made its debatable as to whether he is talking about CPI or another company.

So for me the only thing to do is wait and see what happens - at least AH seems to have a plan and is being proactive and I wish him well on his mission.

Interesting! Do you know something the rest of us don't @ Crowman? Same sh*t another day I'd say.

Boo Hoo -"the staff and Unions are angy" - They should consider the fact that they are fortunate to have jobs. What about the shareholders - they have serious reason to be angry after all the rubbish the likes of JL and co have been feeding them for the last few years.

AH is dangling a carrot - in other words you perform, improve performance, deliver on the job you were employed to do and then, once conditions are right and the turn round is on track, you may get some reward. There has been too much fat in CPI, JL's approach was to sell off the profitable parts and streamline the company. The net effect has been to reduce revenue overall, but the bit he missed was the strategic approach to efficiencies and internal cost cutting (except the token gesture in anounced in December). It looks like AH is taking a far more strategic and robus approach, which has to be welcome. It sends a good message to the market, and is decisive and clear.

As for a brain drain - I think TerryM1 summed this up best in his recent post. Get rid of those who have been sitting on their complacent backside, picking up a wage and get into the world of hard work and proper contribution. Too much entitlement and taken for granted attitudes around if you ask me!

Sorry "led by JL" NOT LJ

Looks like the days of the tea and chat club, led by LJ are well and truly over. AH looks to be setting his stall out and making CPI staff aware of realities of working for an unprofitable company! Lets see if all his social media supporters endorse his approach, rather than trying to crawling up his backside, and tell him how inspirational he is! Lol I work for a large national charity and the whiff of a payrise is pure fantasy, we live in the real world!

@JG68 I agree with your comments and that's the reason for holding as as things stand 2025 year end and beyond are where the positive should be.

Lol Trenners - definitely in the CPI financial hole, over 100k's worth! But that's the way it goes, and as long as the Mrs can keep her spending habits under control, the new car is gonna have to wait!

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.

Ouch - can’t even sell 5000 of these at the moment!

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.

A takeover would not be nice,it would leave most of us with huge losses!

@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!

@Culley01 The selection process would be interesting. Some sort of who can be the best and being a nerdy creep. as opposed to proper assessment of peoples capability, skills and net worth to the organisation.

Good idea.

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.