Member Info for OldAlarvian

I sold all of my trading pot of CPI on Friday at massive 1 quid gain after buying in Thursday as I expected drops today from failed Iran negotiations.

Surprised market hasnt fallen back then I see a new shorter - so Im going to hold by pot ready to buy CPI as I expect it now to fall back a few % over next 2 weeks for no reason other than shorters want to drag it down and can with no expected news for a few months

GLA

@savage my numbers are from the 2025 Financial Statements - Profit before tax was £75M which includes loss making contact centre. So £100M is very reasonable.

If you dont use the adjusted numbers for exits your forward looking analysis is flawed

Cash debt of £140M at year end is tiny for a business with a turnover over £2 Bn (it only equates to 80% of one months Accounts Receivable)

@Savage to say "Calling £9 now and nothing has changed" is just wrong

Whether 9 quid is realistic or not is all opinion, but one thing that is absolute, is that things have changed. Selling the drag on the business in a deal that should allow a new owner to clear decks and become profitable and keeping a part of that is a very good deal for CPI and mainly just increases profit and FCF for the future projections. That is a huge change.

Having a core business that is making £100M per annum with sight to new contracts from safe sources at increasing margins can easily take profitability to £120-150 M which could easily value CPI at £1Bn (circa £9)

IMO this wont happen within 12 mths but could easily happen within 2-3 yrs therefore £5 within 12 months is very achievable and that is close to doubling our money from here in a now safe company with no bad debt risk.

If you want safe with an upside then CPI is that investment now IMO.

This doesn't mean we can't trade some also as MMs manipulate this SP more than any other Im invested in.

These are only my opinions and my personal reasons for investing

Seeing banks and many others rising 10% today, I was hoping for a bit more of a rerate here.

Guess we have to go with slow and steady wins the race

GLA (if any investors actually look at this board!)

Agreed - but even with 100M EBITDA and 70M FCF next year, this rerates to more than double where we are today

Yes - I hit my sell at 12.81 (limit order was 12.78) with a nice little gain in a few days - will wait for the next drop (2 weeks time is my guess!)

just taking 5-10% profits on 5-10k investments on quality investments after a couple of AIM losses

GLA

But volume could come from new ISA limit and take it to 1.25-1.35 then we drift again.

My main holding that Im down on, Im hoping for a sale that will no doubt happen in the future - we just dont know when

DYOR

Little big for deadcat bounce surely?

Whole market up today and after our fall, we have some value to regain - buying small amounts with proceeds from small company gains.

DYOR

I often sell up when the shorts pile in and buy back at a reduced price, but I have not done that recently as I dont want to be out.

4.29% shorts is 5.15M shares - CPI Avg Trade Volume is 720k (today was 500K).

At avg trade volume, they would have to be all buys for more than 7 days of trades. At todays volumes they would be 10 days.

Shorts only make money when they buy at lower than they rented the shares so they need to close sometime.

This is why I have been adding small amounts as I believe this will move quickly within the next 3 months and it may not be on news as the shorters will also be watching each other and looking to get out before others do

1 more trading day of the year and new ISA limits next week is another reason I dont want to be out at the moment.

Been a great day today on many of my other shares with so many FTSE 100 making big moves today

DYOR

With 1 day of trading left in the fiscal year do we think we will get some volume in the next few sessions?

Ive made a lot of money on this share in the past but now sitting on a loss of over half my gains I took - bought a few twice this week but probably to trade for 10% as its so low.

Been reading the boards a lot but just registered to ask the question

GLA