Member Info for PJT12

James, the price is exactly where it should be at this point but I (and presumably others on here) have "invested" for where we believe it will end up, additional contracts aside - and rather like this chap who strikes me as nobody's mug:

https://www.voxmarkets.co.uk/articles/q-a-with-fund-manager-richard-staveley-of-harwood-capital-664b96e/

GoCPI, it's precisely because I do have so much faith in what AH and Capita are aiming for that others who appear on here of whatever agenda bother me not. Very well put by you though 👍

Didn't it jump from 13p to 15p after Harman's appeared with Paul Hill on Vox which didn't really merit any jump as it didn't affect our earnings? I'm just suggesting that we should include that 2p with Capita One income rise?

That subject header? Haven't heard that since my days at boarding school :-)

# of Trades 197

Vol Sold 466,723

Vol Bought 1,924,934

"I *couldn't sleep properly during the night with all these terrible last few days of bad news"

NF, I'm nobody to give advice really but I genuinely feel the key is to a decent night's sleep is only to be using money that you won't need in the short to medium term if things go wrong. I think that's why I felt so relaxed about what was going on over the last few days. The problem is that many of us here are gamblers (rather than investors) and greed often drives our levels of investment, rather than common sense. If I'm losing sleep then I'm very likely in too deep. Obvious advice, I know, but it's all too often ignored.

Good luck with the TP, Kipper. Decent chance I'd have thought. You'll no doubt be keeping a close eye on the overnight Asian markets. I'm just staying on the sidelines. Who knows what may happen!

I feel this is an overdue market correction (largely tech driven) rather than being solely about US fundamentals, most of which do not say "hard landing". I would therefore avoid comparisons with some of the worst of times events of previous decades. The main enemy that I've previously seen in such circumstances is contagion, in which markets continue to feed off the falls of those preceding them, the zonesvthey take their overnight leads from. Eventually one of those time zone markets reverse it, although I'd certainly wait for definite stability before plunging in. Drip feeding back in is definitely adviseable from what I've seen. This from CNBC:

Two weeks ago, the economic data were pretty reasonable, employment data were reasonable,” Farr said. “But over a weekend, we’ve gone to fears of the world’s end, and this happens every time.”

None of those interviewed Monday said they thought it was time for investors to make major changes.

Silvercrest’s Teeter said he’s simply advising clients to rebalance, while Gabelli’s Belton said he will be watching for the time when the current downside momentum starts to shift.

“I see this as an opportunity, a huge overreaction, and that isn’t to say that it might not continue,” Farr said. “Momentum begets momentum to the upside and the downside. People say they hate volatility, which is a lie. What they hate is downside volatility. Nobody, nobody hates upside volatility.”

Not there yet but this is one reason for not shorting at present. Things could turn very quickly.....

https://finance.yahoo.com/news/bond-traders-bet-big-fed-190000721.html?guccounter=1

# of Trades 504

Vol Sold 5,340,414

Vol Bought 5,458,002

Banana!

The other thing that's worth bearing in mind today but - again - I will continue to look beyond it, Iran could well have a pop at Israel and that won't help things. That said, I will be using any such event as an opportunity to buy the dip, whilst holding what I have. Keep your powder dry, imo

Seriously, SavageKeyboard, I am not in the slightest bit interested in what you have to say as you only ever appear on here on down days, including today which is market driven. Any newbies on here only need to see your history. Very rare that I do it but I am going to filter you accordingly.

IE Next year.

I think the befits will start to show medium term though, James.

James, you initially had my respect as a considered investor but those types tend NOT to spend their time deramping through undermining others on these boards, which you are now doing. As for me? I'm no better than those who I align you with but I don't pretend otherwise. Just saying, you cannot BS a BS'r.

This is weird. I genuinely feel sanguine about the current state of the SP. I've seen it elsewhere with other shares where I've allowed panic to overcome belief, and regretted selling as a result of my allowing my emotions to hold sway. Yes, our timing could have been better in some cases but emotions only very rarely prevail over patience. Hold, imo.

For fans of sarcasm: Ooh! Ooh! Wouldn't have expected to see SavageKeyboard here this morning :-))

James, some calculations which substantiate your projected SP might give more credibility to both you and your figures?

The Long Road Ahead, imo, does feel pretty long this morning and the general market mood is likely to make it feel longer by the end of the day. But I remain unchanged in my strong belief that AH's efforts are taking us in the right direction and in a year's time we will be looking at a very different animal. The one thing I would say about JamesOxford's post, some of which I agree with, it was timed to land here this morning and that will have been deliberate.