Member Info for PanamaPete

The Capita of today is not the Capita of six years ago. I would not be surprised if Adolfo considers a change of name to permanently bury the legacy. Shore Capital sees upside. Let's see some II buying.

Why not just use the word 'leave'. Making way can be implied as moving ahead.

Poorly & ambiguously written. Surely Capita are exiting the FTSE250.

You haven't answered my question Tony. Have you been selling from 32p as the price has been dropping & still posting that you 'remain bullish' or have you just seen your large gains whither away. It's a very simple question Tony, even one that you could answer.

Tony, as someone who got in sub 11p, have you held all the way down from 32p while constantly posting that you 'remain bullish' or have you been selling up as the price has been dropping ?

Not all receipts from sold non-core operations were accounted in H1 but will in H2.

"Full-year expectations remain unchanged

• On track to deliver acceleration in financial performance in 2023

• Target to double the Group EBIT margin over the medium term, underpinned by £40m cost savings by the end of 2024"

Tony, I don't give a dingo's kidney about ratings. It's obviously important to you though. Have another gold star if that makes you feel better. You can stick it on your notice board with all the others so your mum & dad will feel real proud of you. LOL

Quite right G_G_G. Too many self appointed moderators trying to control the discourse on this board. We all trade to some extent according to many metrics. To think some here may have held their full stock from sub 11p up to & then all the way down from 32p and remain bullish at all times is incredulous.

Finally showing some strength.

“What gets us into trouble is not what we don't know. It's what we know for sure that just ain't so”.

Mark Twain

AECO's a bit off now though. I monitor about 20 stocks & most have been in the red daily for a couple of weeks. Occasionally, one sticks it head above the parapet but doesn't last long. Market's having a bit of a meltdown & the Evergrande issue is causing rumblings. It's the holiday season, but don't worry, the UK Government is slowly making us all poorer which is what they want to curb inflation. Meanwhile, can you all buy more in the shops to help retailers please, thanks. PS Anyone notice the size of toilet tissue - just a bit bigger than a till roll now.

Now valued at less than 2 x NOI.

"The Company's share premium account currently stands at approximately £51,000,000. As at 31 May 2023, the Company had retained earnings of approximately £6,000,000. It is proposed that the Company's share premium account be cancelled (the "Capital Reduction"). The proposed Capital Reduction is intended to increase retained earnings by an amount equal to the amount standing to the credit of the Company's share premium account."

As I understand it, dividends cannot be paid from the share premium account but can be from the retained earnings. The October dividend will cost i.r.o. £3m so half the £6m from retained earnings as of 31st May.

So I'm hopeful the Capital Reduction should not be a prerequisite for the dividend but the CR may well have been approved by the courts and actioned by then anyway.

I do get the impression the UK market is a shorters' playground.

Https://arstechnica.com/information-technology/

https://arstechnica.com/information-technology/2023/08/data-leaking-downfall-bug-affects-six-generations-of-intel-pc-and-server-cpus/

https://arstechnica.com/security/2023/08/how-an-unpatched-microsoft-exchange-0-day-likely-caused-one-of-the-uks-biggest-hacks-ever/

https://arstechnica.com/security/2023/08/microsoft-finds-vulnerabilities-it-says-could-be-used-to-shut-down-power-plants/

16th August will by July's inflation (CPI) data. If that shows a slowing down, that should be a positive for the whole market.

When you see just what JL has achieved, you have to admire this guy. I would not be surprised if he gets a knighthood for his services to business.

Another reference to the Cyber incident costs at 59:50 & nice sign-off to the webcast.

You will need to register to view.

https://webcast.openbriefing.com/capita0823/index.php?enter

Reference to Cyber incident about 20mins in.

Do not go full screen on video if you want to see accompanying slides.

I'm sure you will be the first to dig up any bad news AIM, whatever source it comes from. It's what you do.