Member Info for NOFEAR

Hi AimMaster2018

I hope you are well and making loads of money 💰 🤑.

9th December 2024

In today BBC under cover panorama reporting they've reported the following. It makes you wonder which other major UK company is using the same financial 'trick' to keep their major shareholders happy.

[One of England's top-rated water companies is using an accounting trick to artificially inflate its balance sheet by more than a billion pounds, BBC Panorama has discovered.

Severn Trent Water claims that an investment is worth £1.68bn in its accounts, when in reality it has no value to the overall business.

The made-up money makes the company appear more financially robust and helps to support its bumper payouts to shareholders.

Severn Trent denies the accounts are misleading and says Panorama's allegations are "completely inaccurate".]

Read the full article here:

https://www.bbc.com/news/articles/cd75nqwdpj7o

Take Care Bruv😍

If anyone ever struggles with reading certain difficult to bypass paywall websites like the FT and others, please try the website below. Number 3 of the 5 offered numbered blue coloured buttons always gives a great result.

https://paywallbuster.com

However, for sharing on here the articles then you'll need thee archive.is website and its affiliated ones.

The FT Serco article posted kindly by Simpiles.

https://archive.is/2024.11.05-190850/https://www.ft.com/content/84753e89-b769-42fb-ac85-a76b91c3fe1f

And lastly, I'm predicting that Serco shares will be touching close to £1.19 over the coming months early new year. Their good days are soon a thing of the past. I also don't rule out it also a small possibility of nearing £1. That's right a 1pound a share could be on the cards for Serco.

I don't know anything more than you've already published Simpiles.

Anyhow, I hate the Serco company and hope to see their shares hit the floor. Imho, the company is a jack of all trades and master of none.

I rather say that Capita is more of a purist IT company which will do much better over the years under Ceo AH. Cheers buddy 👍🙃

Also yesterday this earlier broker downgrade was posted on the stocks and shares professional web news.

5th December 2024

SERCO GROUP PLC : JP MORGAN

CUTS TARGET PRICE TO 185P

FROM 200P

Simpiles

SERCO GROUP PLC : UBS CUTS

TARGET PRICE TO 140p FROM

220p.

Don't shoot the messenger 🫠

Hi AimMaster2018

Nice to see you and everyone else here who are getting their sledge at the ready to potentially celebrate Capita Full Year Trading Update🥳

In the meantime Serco who is report their full year trading update on the 19th December is in trouble after today's UBS broker downgraded the company.

SERCO GROUP PLC : UBS CUTS

TARGET PRICE TO 140p FROM

220. That's why the shares are taking a tumble. Wishing all the best to all Capita holders and hope you get to see a santa🎅 rally.😍

Interesting Fatsam010472

Thanks for sharing. Do please share also the source of the news which is from the Capita own website.

(09 October 2015)

[Capita buys Electranet for secure infrastructure services]

Capita has acquired secure networking firm Electranet UK for a sum of £37 million. The deal will provide Capita with access to a company with a proven track record in providing security sensitive networking services to some of the UK’s largest public sector clients, including the MoD, as competition for security services contracts from government departments heats up.

https://www.consultancy.uk/news/2718/capita-buys-electranet-for-secure-infrastructure-services

The FCA has fined Volkswagen Financial Services (UK) Limited (Volkswagen Finance) £5,397,600 for failing to treat its customers in financial difficulty fairly. Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.

Good Morning IsleworthSpy

Thanks for your question.

I've actually asked for those details to be emailed to me as I no longer have the original invoice and VWFS hire purchase agreement.

Moreover, the customer service agent was slightly reluctant and wanted to know if I was going to give the requested financial agreement information to a claims management firm or just for own personal use. I replied it was for my own personal use and wasn't going to give it to any claims company.

He then replied with a that's fine and you'll have it within 3 to 5 working days. Also, he happily said that they won't need to respond to my discretionary commission complaint that I registered with them recently until after December 2025. That's all I can tell you for now.

PS:

Also in the same year that I took out the finance agreement, the skoda dealership became insolvent. So thankfully I can seek redress from the Volkswagen guys who recently also got fined in late October 2024

[FCA fines Volkswagen Finance £5.4m over treatment of customers in financial difficulty]

https://www.fca.org.uk/news/press-releases/fca-fines-volkswagen-finance-over-treatment-customers-financial-difficulty

Great post RickEngland

Time will tell.

Thanks stumpy

How do you do Stupmy🙂?

I've been told by Volkswagen that they will have till after December 2025 to respond to my discretionary commission complaint. I had a hire purchase finance for a top of the range Skoda that I kept till she died on me and got put in the skip😂. Was a pre registered hire purchase and the loan was for five years back in late 2008. So, I will be expecting a payment in due time. I won't use any of those claim management firms. I'm afraid that Close Brothers,Lloyds Black Horse will be paying out big sums. That's life😗

LONDON, Nov 19 (Reuters) - Total industry costs for Britain's probe into historic motor finance sales practices by some banks and specialist lenders could reach 30 billion pounds ($38 billion), ratings agency Moody's said on Tuesday, as liabilities estimates continue to rise.

https://www.reuters.com/world/uk/britains-motor-finance-probe-could-cost-financial-industry-38-billion-moodys-2024-11-19/

Did you see what happened to Close Brothers shares JamesOxford?

They've fallen back near £2.01. Look now😂.

I told you so😍

A very Good Morning to JamesOxford and AimMaster2018 and buddies alike.

Close Brothers shares can surge spectacularly if the right amount of support is there. I've seen it doing enormous rises, but this time around it might do just a mediocre rise before it fall back down and returns back under or around the £2 price ranges give or take.

As for Wood group. Anything around 43p is a decent good entry, but don't aim so low as these are extreme range prices and very few get it right with catching the bottom. Anyhow be prepared to trade on the fly and stay well alert for sudden moves that could be ideal times to cash out b4 every other day trade start exiting. Better be safe than sorry and leave some money on the table. Good Luck 👍

According to the ADVFN final trading volumes the following are what I see for buy and sells trades that supposedly took place today during a very interesting trading day made of large and small trades lots.

Sell trades 12,842,648

Buy trades 10,514,676

that includes the UT of 1,470,273 at 16.86p

Unknown trades 743,675

Please do your diligence.

Cheers.😍

Stock Analyst Guilherme Levy

Don't shoot the messenger Auson

Who he is?😀

See him here under Morgan Stanley

https://www.woodplc.com/investors/analyst-coverage

Hi JamesOxford

I did say that a potential entry at £1.79 for Close Brothers was on the cards when it first touched £1.82 and then again on the following days £1.81 before the rebound to where the price has shoot back up.

Although I did previously suggested to look for an entry around £1.79p, that would had been at the extreme end of the plus 60% already seen drop. So, when it initially made a small bounce from £1.82, that would have suggested that the bottom had been hit and time to take a position should had been yesterday and again today.

However, it might just be a rebound based on the expectations that the Fca will get the deadline for the complaints to be dealt and settled further down into 2026 and early 2027 which would ideally allow the Close Account and other banks alike involved more needed time before they need to start to payout to the tens of thousands affected customers. If they can get more time to sit with their cash before disbursement of capital take place, then that would be supportive of the share price on a medium term basis.

Just for the record SKR.

It was posted out to all the MM'S platforms eight minutes just before the opening of the London Stock Exchange. Shore Capital stock analysts are mainly behind researching UK stocks. Their early morning Cpi downgrade was with an intention to cause the share price to collapse and published also on the weight of the early morning Asia index being down. So imho along with them knowing the Glc shorter resurfaced position in cpi, they went to put 2 and 2 together to deliver a double whammy effect 🤔

Dow Jones Global News

November 14, 2024 02:52 ET

(07:52 GMT)

Copyright (c) 2024 Dow Jones &

Company, Inc.

by Shore Capital

Capita Cut to Hold From Buy

11th November 2024

John Wood ( – ), the Energy sector company, was revisited by a Wall Street analyst yesterday.

Analyst from Morgan Stanley upgraded the rating on the stock to a Hold and gave it a p85.00 price target.

Guilherme Levy has given his Hold rating due to a combination of factors influencing the outlook for John Wood’s stock. A significant reason for maintaining this rating is the broad spectrum of possible future outcomes, which introduces a level of uncertainty for investors. This uncertainty, combined with a perceived increase in risk, has led Levy to adjust the price target for the company substantially.

The decision to lower the price target by approximately 50% highlights the elevated risk perception that could persist. Despite this, the Hold rating suggests that Levy sees no immediate catalyst for a significant upward or downward movement in the stock price. This balanced view reflects a cautious approach, advising investors to neither aggressively buy nor sell the stock at present.