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Meagre, it's not my workings, it's there for everyone to see, chart patterns can be interpreted in many ways but that wedge is clear to me, intersect the last 46p with the previous high between then and covid, let me know what you think?
From a technical view CPI seems to have been in a wedge since covid, the floor is 20p, for it to break out at August results resistance will be circa 41p what happens between now, then and after could be anyone's guess, however, while the wedge pattern continues means the market expects a break out, food for thought.
Potential bull flag forming, £4.50 soon, potentially.
I agree Doyezee, personally I can't stand SUV's but the DBX looks really well!
Bubbles, if your theory on the sp about to rocket comes to fruition what could be the catalyst for such a move in the markets? Oh and if anyone fancied going to visit Moscow recently then you definitely don't want to go anytime in the foreseeable! Just saying! Wink wink!
That's the impression I got from reading this
https://www.ft.com/content/ba1d445e-35e0-4233-a51a-808f568320cc
Capita wins £50m contract with City of London Police
Capita plc (`Capita') today announces it has been awarded a contract by the City
of London Police to deliver customer contact and victim engagement services for
the force's new fraud reporting service.
The contract will run from 2024 and is worth approximately £50m over five years,
with the option to extend by a further two years.
The contract will see Capita delivering an end-to-end customer management
process for potential victims of fraud from the moment they contact the service.
The current service receives more than 350,000 calls and 2.3m unique website
visits each year.
Capita will deploy its successful customer experience model for identifying,
managing and monitoring customers using data and specialist coaching to support
potential victims of crime. We will deliver digital transformation to improve
access to different reporting channels, offer multi-lingual services, and
introduce speech analytics to drive call quality.
The digitally enabled model will provide a single source of information at all
stages of each case while it is assessed, be more victim-centric and accessible,
and use data analysis to deliver efficiencies.
Approximately 150 skilled customer-contact experts working for the service will
be given enhanced victim support and empathy training, and will be retained
through a bespoke development programme. They will be paid above real living
wage salaries with home working contracts, reflecting Capita's commitment to
being a purpose-led responsible business and engaging and empowering our people.
Jon Lewis, Capita's Chief Executive Officer, said: "We are incredibly proud to
be chosen to deliver the new fraud reporting service for City of London Police,
and are focused on providing an empathetic and seamless service for all
potential victims of fraud.
"This new contract is testament to our proven track record of delivering
digitally enabled customer management for citizens - including some of the most
vulnerable people in society - and reflects our commitment to delivering an
outstanding service to our public sector clients."
Chris Bell, Service Delivery Director at the City of London Police, said:"We are
delighted to announce the appointment of our new supply chain as this is such an
important milestone in the journey to transforming our services and ultimately,
launching our new fraud and cyber reporting and victim care service."
Notes to editors:
The total IFRS 15 transaction price (order book) is £70m over seven years,
comprising £50m for the initial five years of the contract and £20m for the
optional two-year extension.
Capita plc (`Capita') today confirms that it has agreed to sell software
businesses CIBS, CHKS, Retain, WFM and Synaptic to AdvancedAdvT Limited
(`AdvancedAdvT') for an enterprise value of £33m on a cash-free, debt-free
basis. Including cash and debt-like items and typical working capital
adjustments, Capita expects to receive cash proceeds of c£44m on completion,
including c£9m of cash within the sold businesses at the time of the
transaction.
These five businesses collectively represent Capita's non-core software assets
in its Portfolio disposals division. They have limited overlap with the rest of
core Capita.
The company previously announced its intention to sell a number of non-core
businesses to strengthen the balance sheet and focus on its two core divisions,
Capita Public Service and Capita Experience.
AdvancedAdvT (LSE: AdvT) buys and invests in software and services businesses
with the focus on organic growth and synergistic M&A.
The combined reported revenue and profit before tax of the non-core software
businesses for the year to 31 December 2022 were £35m and £3m respectively.
Gross assets were £81m at 31 December 2022.
The sale to AdvancedAdvT is subject to National Security and Investment Act
approval.
The senior management team and employees will remain with their businesses as
they transfer to the ownership of AdvancedAdvT.
The agreement to sell these non-core software businesses follows the agreement
to sell our critical messaging services business PageOne and completion of the
divestment of our Resourcing and Security Watchdog businesses in May.
Jon Lewis, Capita's Chief Executive Officer, said: "We are pleased to have
agreed the sale of these non-core software businesses to AdvancedAdvT following
a competitive sale process.
"The sale marks another step for our successful disposals programme which has
enabled us to significantly strengthen the balance sheet and materially reduce
our debt.
"We continue to target for the majority of the remaining businesses within our
non-core Portfolio division to be sold during the first half of 2023, depending
on general market conditions."
Capita is being advised on this transaction by Deloitte.
Apology to those effected required.
https://www.gazette-news.co.uk/news/23528115.capita-data-breach-not-used-maliciously-hackers-says/
Maybe the headline in the FT Monday morning will be Capita to take The Telegraph to court for slander, can always hope! 90p by summer guys, head in hands! On the bright side might be a good opportunity to top up this week?