RE: CPI Stakes12 Dec 2022 14:10
Hi Capitalizer.
You're very welcome. I'm, like you and everyone here on lse chat, cannot continue going on those poor share price performances. It will come to a point where it would be safer to put my £50k sitting in Capita into a high interest flexibile isa account using the 2022 and 2023 £20k allowances and leave it there. I can guarantee everyone that I would be making a decent return without risking it invested in company shares that are eating up my originally invested capital.
Capita BoD could really sell more of their business units if they wanted to pay off their remaining debts. I'm sure that it wouldn't make that much difference to their years to come earnings if those units were disposed of. In my opinion, they rather go slowly in reaching their debt free status by letting year after year pass and rely on their contracts winnings to reduce their debt with the odd business unit sold off to stay on tracks of their declared transformation plans.
I personally don't like the Capita BoD pie in the sky plans, but I've got to continue hold at least till I can recover my investment and hopefully some profits too, otherwise it would had been a wasted 1 year with many missed opportunities gone for good thanks to our 'kind' loyalty and faith that we've shown in the Capita management. This is my final last saloon. I'm not going to be hanging around more than it's required. Fingers_crossed