Member Info for pb1001

https://www.theguardian.com/politics/2022/may/12/boris-johnson-plans-to-axe-90000-civil-service-jobs-to-fund-tax-cuts

Not sure if this has been mentioned, but if 90,000 civil servants to go, someone has to pick up the slack. Could be boom time for Capita. The workload for the civil service is not shrinking.

Cant take my eye of the price waiting for it to go back up to a sensible value. But every day it drops a little more. Dissappointing!

When the market moves North, CPI prefers East or West.
When the market goes South, CPI likes the deep South

So having said that I had had enough of averaging down and wouldn't be buying any more, I did buy another 25k shares. As usual that was the signal for the price to drop. So I do apologise to all who have been affected by my decision.

JG68. I wish I was at 35p. 63p for me in once dealing account the other is mid 30's but at least I know from bitter experience that every RNS the share drops. So never expect it to rise. I genuinely don't know what will, if anything, will push this up.

If you look at the trend over, 1 week, 1 month, 1 year, 3 years or more it is the same story, heading down. I have said it before but averaging this down is a dangerous game as what you think is the bottom never is.

I imagine the only thing that will drive this up is a dividend and then people will jump on the bandwagon.

Thanks Fishb0n3.
I sincerely hope you are right. And you are right I had focused on the debt rather than the whole document.
Maybe I am just jaded.

Nothing spectacular in that RNS as far as I can see. Previous updates have been better and the share price has dropped. My concern is that with disposals completed what now happens, I can only see the debt increasing.

Just discovered how to filter people. Going to be a busy night tonight.

As a long term holder a 20% rise would only scratch the surface, it would take us to 30p and would still be a sorry state of affairs. If it doubles I would still have a loss but would probably sell and call it a day.

Statements such as
"bought more today we are at the bottom now fill your boots" are no more than wishful thinking. I genuinely don't know where the bottom is and am no longer going to try and guess as it is throwing good money after bad.

ludicrously low but could go higher or lower who knows. The only thing I do know is that if the FTSE drops 0.5% this goes down 3% and if the FTSE rises this at best stays flat. Yes it has the odd day where it rises suddenly but it will rapidly lose those gains and the trend is definitely only one way.

Viewing , when you say "Mr Passmore calm yourself". How do you know he isn't calm. I genuinely can't make head nor tail of what he is saying. Could be good, could be bad, who knows.

They may well have, unfortunately there seems to always be another bargain later on. I have been averaging down but given up now as don't want all of my eggs in one basket.

Capitalizer, I have had this share for 5 years. It has mainly gone one-way, and it wasnt up.

Agree that 80 p by close is delusional but equally delusion is an arbitrary figure of 38-42p.

Hi Know0, can you enlighten me on why this was expected? Personally I was expecting
some resistance at 50p and then once past that a continued rise. I wasn't expecting these lower levels.

Last post removed my link.
but you can check for yourself on crowncommercial dot gov dot uk/suppliers and search for capita