RE: True worth of Capita is a lot higher12 Jan 2025 19:57
We know from previous posts Nofear, Aimless and Savage keyboard, have tried to dis-credit CPI to reduce the share price and are still doing so, so they can buy in at a lower price, just like the shorters, manipulating the share price at everyone else’s cost.
But I believe the share price has stabilised now, as its cash position is so close to its market cap and the CEO has done an amazing job of reducing costs over the 12 months he has been in charge, invested heavily in the company along with the other directors and made huge savings, reducing the size of the workforce, reducing the debt, no pension deficit , 8 to 10% margins on new contract work, investing in AI etc etc.
So in my humble opinion we have turned a corner and the share price should rerate very soon.