Member Info for PJT12

Simpiles, thanks for all your responses today, a real asset to this board and our understanding 👍

Okay, while we're in Baldrickian mode, I still can't figure out why Capita One was sold for being 'non core' when most of the things it was listed as doing seemed to encompass our ongoing future public service business?

Https://webcast.openbriefing.com/capita-hy24/

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simpiles, many thanks, this is really useful. i can relate to what you're saying to a certain extent as i used to work in radio as one of the 'pain in the ****' presenters, at least as far as the engineers were concerned :-) "sd-wan is an evolution in connectivity" - which in itself must have really frustrated the techies who've known and pushed for this. can i ask how you know about this in relation to capita? hope it's not a dumb question!

Simpiles, to elaborate for the uninitiated such as myself........

https://www.cisco.com/c/en/us/products/routers/what-is-the-difference-between-sd-wan-and-mpls.html#~q-a

Many thanks for the response, Kevin.

Simpiles, it was the poorer strike rate rather than the loss of revenue which left me wondering.

Kevin, I'm no economics whiz kid but I've been going over the latest figures for the past few hours and my conclusion is the same as yours. It's also what AH told us would happen. The only concern I have is the fairly hefty reduction in contract wins:

"Contract win rate of 48% versus 63% last year, partially reflecting our focus on ensuring contracts are bid at an appropriate margin in line with the Group's medium-term operating margin target."

I am left wondering if that signals us as being too expensive? If not, any thoughts on the reason behind that drop?

DWatkins, of course you're not. Just a huge coincidence 😜

DWatkins stated, "Can't say I completely disagree anymore Passmore."

Of course you don't cos you're the same blimmin' person! LOL Both of you (that'll just be the one person) have only ever posted very rarely on 2 shares, this one and ASOS!! You're a Pr@, son.

Oh, just to add, the Investors Chronicle has raised us from a 'Sell' to a 'Hold'.

Honestly? I did feel AH and TW came across as sounding a bit tired during the Q&A (some excellent questions) with some of their answers seemingly chore-like and a bit vague - TW especially (perhaps understandably). It just felt like an unnecessary rehash of the superb Capital Markets day, a repeat of the history and intentions arising from AH's first six months. That, for me, felt like the end of the honeymoon period. What we and those analysts now need to see are future successes dictating the content of our dialogue, results in the form of new contracts arising from the ongoing changes, including work from new clients outside of the public sector. As I've said previously, AH has been superb to date but the next six months will prompt either validation of his credibility or suspicions of the 'walk' not being matched by the 'talk'. This may seem harshly premature to some but I don't feel it unreasonable to expect the scale of the changes here to be already boosting the bottom line, something that he alluded to as already starting through ongoing discussions with clients. I sincerely hope that my initial and ongoing favorable impressions of him prove well founded.

Stay on board, AIM. We may lose today's battle but I'm confident we'll win the war.

Think I'll take my own advice, write today off here and go and tweak my Fantasy Football team. Back once things have settled here.

Quick, let's all panic at the behest of JG68! Pathetically transparent agenda there.

# of Trades 820

Vol Sold 6,848,456

Vol Bought 8,958,439

Didn't they say slides would be posted "next working day"?

Seconded. Kipper is spot on.

God willing and the creek don't rise, the next bit of news is due by the end of the month, confirming receipt of the £200m for Capita 1. AH is also undertaking an IIs' briefing this morning so the coming days may well benefit.

Savage, my mate chairs anger management classes and I can't help but feel you'd fit right in.