Member Info for MaxJH

Great balanced post OldAlvarian and is aligned to many of my own thoughts that I have shared in previous posts. I think healthy debate and opinion from those invested or thinking about investing who offer balanced views and insight is what this board should be all about but sadly there is a parasite that hangs around like a bad smell who is either paid or mentally ill (we can't be sure which, possibly both) that just spends all day and night on here spewing negative bile to get a reaction. I strongly recommend not engaging as he is not worthy of your intelligence and time. He has a few aliases and despite his efforts to try and portray them as different users it is obvious they all come from the same sad dark deluded mind.

Gollum Cabbage creates one of his standard miserable negative posts because despite the room asking him to please leave several times, he insists on hanging round like the bad smell he is even though he is not invested, not wanted and has nothing but hatred for Capita and all investors. He then logs in and out 4 or 5 times to recommend his sad post under his aliases. Such an awful human being and so full of darkness, misery and hate. Spends his life in his bedroom, online 20 hrs a day only pausing to eat pot noodles that his mum brings up to him.

Thanks Trisor

Interesting that the delivery was bullish and more front foot (appreciate I am yet to watch it) as thought the Yellowstone Q&A positive and upbeat BUT did find the year end results presentation flat and a little downbeat in delivery. The results are the results but how the leadership come across and how confident they are nd why they emphasise does have an impact on the market. I think they got feedback on this and have been a lot more front foot since the results day presentation

Did anybody attend the webinar and anything interesting get shared or underlined beyond the statement?

@MrBrian -The webcast will subsequently be available on demand along with the presentation slides and transcript, so hopefully later today, tomorrow latest

Is there anything more exciting than being a Capita share holder! Forget sky diving to get your fix, just own Capita shares for a few years. Was drowning the last few weeks. Am up £50k this morning. Bonkers bonkers share!!! Woke up too late to attend the webinar so looking forward to a summary and link to recording from a fellow board member please, thanks

For Civil Service World to publish this is very encouraging and offers balance to what has and is really going on with the CSPS

https://www.civilserviceworld.com/in-depth/article/pension-scheme-crisis-interview-with-capita-pensions-director-chris-clements

….and the children continue to exchange pointless bickering while the adults offer insight, balanced debate and opinion.. It is so embarrassing how pathetic this board is. We know we can stop Aimless/Cabbage and all his other aliases (same person) if you simply ignore them. I really struggle to understand why some people on this board stoop to their level and constantly engage with them? Do you not have the will power and resolve to rise above their pathetic childish jibes and ignore them? If you do not, you are part of the problem that makes this board an embarrassment……More tedious childish crap to scroll through….

I found that very encouraging and believe AH and his team are executing a thorough transformation and are making great progress. I know hard to do as we are investors so the SP means everything but if you detach yourself from that for a moment and look at the progress made to turn Capita in to a future proof sustainable business and the progress made under AH (forget before AH) then is is quite impressive. It is a slow burn as some of us have been here hoping and waiting for 5+ years but remember AH is only 2 years into his project. I truly this this business will be in a great place in another 2 years. I did not detect any spin just ambition and honesty. I get not for everybody who wants a fast buck but I am very encouraged that the SP will be in a good place come summer 2027, when I may need to tap into my Capita investment!

@Brian, if this share is not back at over £4 in 12 months then there will have been another nuclear f&£k up as if the business is guiding positive cash flow for 2026 and the business provides much more positive guidance for 2027 when the results are posted in early March next year, this share has to be back to those levels as a minimum.

Key for me if we jump ahead 12 months

Contact centre Business needs to show a significant reduction in the loss compared to 2025 in 2026 results and positive guidance for 2027, as in turning a profit, however small!

PS continues to grow in revs and profit

Pensions continues to grow in revs and profit

No more one off costs!!!! The £67M hit in 2025 for the cyber fine and restructuring will not repeat and we do not want to see any more!

£4 is quite conservative but we all know that Capita and the market they operate in does throw up surprises so not going to be to bullish in my forecast but the SP at £4 in March next year and with positive sustainable guidance in March 2026 we push on from there and see if £6 or £7 the following year (2027) can be achieved.

On another note, please remember everybody Aimless is Cabbage and Cabbage is Aimless as well as Calvin, probably eviking and all the other random purely negative posters on here who are looking for you to bite. This is just one sad person who has mental health issues, lives with his mum and spends all day and night on line pretending rather than living the life he was given. Please IGNORE as is so tiring and tedious scrolling through the childish nonsense from his aliases and those that that bite and reply to his 3,4 or 5 different versions of his pretend world

@trenners, latest CSPS Update from 16 March linked below.

https://www.gov.uk/government/publications/civil-service-pension-recovery-plan-updates/civil-service-pension-recovery-plan-update-16-march-2026

In summary, good progress continues and Cabinet Office and Capita reaffirm all should be fully stable by end of June.

I have noted that the unions are reluctantly recognising the progress and calming the f&£k down a little too!

@trenners, and every other normal rational persons on here, the only way to rid ourselves of the deluded parasite Cabbage, Calvin and all his other aliases is to IGNORE them. If you bite and respond to his bitter nonsensical dribble you give Gollum a voice and make him feel relevant. Ignore him, just ignore him every day from now on forever. Filter him if that helps. Engagement with somebody so delusional is futile and you are feeding the relevance he craves by doing so.

Ignore the lack of punctuation and grammar as typing fast and phone had a hissy!!

just to come in on this discussion, the csps contract followed by the payroll contract are hugely significant strategic wins for capita and places them perfectly to further develop the mechanisms that will be put in place to deliver these contracts to expand out across other government departments and related bodies. once the services are established the opportunity to double the rns value of these contracts, certainly the payroll contract is huge. it also sets capita up perfectly to cement itself as the no. 1 partner for bpo work for central government. as the government look to further simplify, consolidate and take advantage of efficiencies of ai, as long as capital do not **** up the delivery they are so placed place to grow revenue within the scope of both contracts and will give them a bidding advantage in terms of technical capability for related contracts over the coming years. they had to go in on initial tight margins to secure both these contracts to give them a solid foundation for the next 10 years which they now have. big tick!. the problem re the sp today is that private and professional investors want jam today and more certainty at least over a 12 month period or they will take their money elsewhere. completely understandable. this share will come good, the unknown is will it be 18 months, 24 months or longer. the ps division of the business is so well placed now to really fly if they get the delivery right!

Another great post @Target, I guess the potential game changers to your summary would be numerous and/or significant new bus wins that contribute revs and higher margin than the guidance and if they can fix the contact centre business going into H2

@kevin, great post and thought provoking. I think the honest balanced answer is we do not know and nor do the serious investors out there hence the moneymakers throw the share price around like a rag doll at the moment. We still have not broke free from the one step forward one step back updates CPI provide every 6 months. This business and therefore share will come good under AH but I get some will not have the patience for it and can make more money elsewhere over the next 18 months. I am in too deep and do not have the will to play at being an investor across a broad portfolio managed by myself, I also do not need my money back so naively, stubbornly, hopefully and because I believe in the management team’s plan will stick this out till summer 2027 and that will be the first time I will consider a serious exit as if we are still a one step forward, one step back business be that whether I am a little under, break even or a little ahead.

H1 does not sound like a significant turn around period in terms of expected results as new big contracts are mobilised and contact centre fixed so we could be looking at another 12 months before we see the SP back over £4 hence me getting why some have lost patience. I am going to concentrate on improving my padel game and just let time pass for another 12 months and see what that brings.

Cabbage you said you would ‘eff off yet here you are still stinking the place out. On top of all your other sh#te, you even lie about going! You said you would leave so please go. I will revert back to ignoring Gollum and all his aliases after today and strongly request others do too or we keep him relevant and he revels in thinking this board gives him purpose as he does not one else where.

That said, have reflected on the day and yes it was worse than we could have all hoped but I do still believe AH has a plan and he knows he is only part the way along that journey. The retentions, the NB wins, the increased pipeline, the win rate etc are all VERY STRONG indicators that the PS and Pensions businesses are on a good trajectory. AH does not hesitate in acting fast to fix problems and am sure one way or the other the contact centre business will be in a better place in 12 months time. So, I was always in till at least summer 2027 and was hoping for a steadier rise of the SP but if you don’t need to cash out, you have not lost anything. If this share can get to £6 by summer 2027 I will take that as a strong win, if it gets to £5 by summer 2027 I will still (like many others) be significantly up and will accept that although would have hoped for more. The only disappointment today is the speed of the change that we hoped would impact the SP, the business is still heading in the right direction. Keep the faith LTHs

Have a good evening all, let’s see if everybody clams down as the week plays out and the SP recovers a little as hoping we have found the bottom (fingers crossed!).

All here Heatseeker > https://www.capita.com/investors/results-reports-and-presentations