Member Info for PJT12

Agree Newboy58, "The reported loss for the year reflects the decision we made to pay bonuses to reward and retain staff following a strong post-merger performance."

"Premature" springs to mind.

"I agree that the announcement last year (by JL) that the turn around was complete was not only premature but possibly bordering on fraudulent......what was he supposed to do?"

He could have been honest? Transparent?

i wasn't involved during the previous ceo's tenure but reading through the rns's i can see why lth's are ****ed off. he seemed to be either deluded or was just pretended everything was going swimmingly (looking through his statements) when it clearly was just an ill-thought-out flog at whatever cost and as fast as possible policy. on a more positive note, we wouldn't have got the current team of exec's if he'd not worn himself down and decided to jigger off.

The bottom line is that we - with a strategically naive manager - we were playing against a better team, having only considered what our own players are capable of in the Premiership each week. That rather implies that the Spanish players were lesser lights because they don't play in that league. On a number of fronts, not only football, we (the English) might be better served through 'focusing on' and sorting out our own problems, being a little more humble, 'keeping it shut' and earning respect through the results of that revised thinking. Whilst we do punch above our weight, we are no longer the centre of the geo-political world.

What I'm saying is that our push for better tech (with an emphasis on AI) will not only benefit our customers. The Exec team will be using it to accelerate our own turnaround.

......are we judging Capita through their old way of doing things - minus the heavy emphasis on AI coming from the new, ideally qualifies CEO? Here's one of our future partners.....

https://www.servicenow.com/content/dam/servicenow-assets/public/en-us/doc-type/other-document/servicenow-fact-sheet.pdf

Wildcat_Driver, what you talkin' about? "We're all gonna be rich! RICH I TELL YA!!!!" ;-)

Point taken.

JG68 this will sound really lazy but I don't think you'll really gain anything from that figure. Why? Because watching the latest Markets Day webcast which reflected the recently undertaken and highly detailed strategic and financial review - which is already being implemented - it is highly evident that this will be a much leaner, more cutting-edge and agile company in future. That transformation has already started. I think a lot of us are backing this new CEO and his team on the tech front but through the AI aspects especially. In short, they get it! Many of the required developers and their client base are already in place. Therefore, imo, the previous underlying figures negate what Capita was and will be in future - which is effectively a very different animal. That obviously applies to the former figures. The best measure for how the transformation is progressing will come through 'new' rather than 'extended' contracts, imo, as they attempt to game-change under the guidance of a CEO who's done that elsewhere and who already has the t-shirt. He's got my vote!

Just my opinion

Blimmin' commas. Hate it when that happens :-0

Looking at all the various suggestions on this board for how future Capita profits need to be spent, Pablo Andres, must feel like the Gareth Southgate of CFO's!

JG68, I just don't understand it, especially when you're so respectful towards them ;-)

"apologies for the cross ramp in advance"......which probably equates to that all time favourite....."With all due respect....."

Funny how nobody seems to be giving them a hard time whenever we're on the up! 😂

.............all deserve credit for highlighting this on this board early-on, at the start of the current climb.

Apologies - Reach anno.

Https://www.londonstockexchange.com/news-article/SAAS/new-products/16562714

Oops! "Current" :))

Might as well revisit this too as it helped kick-off the currant turnaround in the direction of travel:

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

DYOR though

Schlemiel, you might have seen this already but I never miss an opportunity to highlight it for the benefit of prospective newbies. It's one of the strongest recovery prospects I've seen to date and fully outlines 'the plan':

https://webcast.openbriefing.com/capita-cmd24/

"in order to improve...."