Member Info for RogueRiver

Perhaps the market, like many long-suffering holders, have had enough of chasing the elusive pot of gold at the end of the Capita rainbow. Admittedly, Capita have had some bad luck, but it's a 5-year-old habit they seem almost incapable of breaking.

CPI is hitting all-time lows for a reason. As a wise man once said, the market is always right. If you fancy a punt, there are probably plenty of better growth prospects out there.

And off book selling probably means that an II is dumping.

I'm holding, but I certainly won't be adding, however low it goes (already gone sub-20p today). There are some very solid Footsie companies trading at a discount and paying inflation-busting divis at the moment. That's probably the best place for any spare cash atm, rather than having it languishing in CPI for lord knows how long.

LGEN is good for the divi, provided you get in while the sp is low (which isn't hard).

Seems you can have your cake and eat it - even when you’ve sold the cake.

The FTSE has been pretty steady over the last week or so, during which CPI has fallen to new lows. It's not hard to imagine where the sp might go on a bad week. There might be a slight uptick in the short term, but I'm bracing myself for new lows ahead. No point in being over-optimistic here, given the history.

The travel business caters for business travellers, whose numbers are still well down from pre-Covid levels and may never recover.

Wilko's biggest problem was owning too many sites in expensive high street locations, whereas B&M trades in retail parks and other edge or out-of-town locations where it can be cheaper to trade and shoppers can park their cars to take away large purchases.

B&M may well benefit from the decline of Wilko (it probably has already), but I think there is also a warning here - that no discount chain is immune from this kind of reversal in fortunes.

I think CPI is very investable at this price, but never underestimate this company's ability to put its foot in it, just when you think it has exhausted the supply of ****. Good economic news isn't exactly going to be flowing in the next few months, so it's hard to see what will give CPI a leg up in the short term. I wouldn't be surprised to see us languishing circa 17p, before a decent set of results send it up some time next year.

Given the manifold disappointments that long-term investors here have had to endure, I think it will need to drop well into the teens to generate any buying momentum. At the current market cap, even a takeover offer would most likely be less than 30p. Long term holders would probably be best to hold and look away for a year or two.

Given the manifold disappointments that long-term investors here have had to endure, I think it will need to drop well into the teens to generate any buying momentum. At the current market cap, even a takeover offer would most likely be

I’ve closed a lot of my positions in the last few months. When you can get a 7-year fixed cash ISA @ 5%AER with virtually zero risk to capital, cash is a no-brainer. I’m sleeping better these days. I don’t think this is a great time to be expecting people to take a punt on CPI.

No one could have seen the data breach coming- anymore than they could have with any other company. Unfortunately, this has completely trashed the sp for now and it’s going to take several earnings cycles for us to see any meaningful recovery. Such a shame for those who have hung in here for so long. I wish I could be more positive, but it might take another year before we see 30p again.

A very positive and well informed 'buy' recommendation from The Times:

https://archive.ph/IgyxO

Closed my position in Barc a few weeks ago, having held for several years. Made a modest profit from reinvesting the divis (probably a loss, taking inflation into consideration). The shares seem to blunder from one crisis to the next. Granted, not all their problems have been of the company's own making, but it gets boring after a few years, especially now, when similar returns can be had, with no risk to capital. Glad I'm out. GLA.

I recently said that holders like me should stick this share on the back burner and forget about it for a few years.

What I should have said is, chuck it on the fire. It just goes from bad to worse.

The only saving grace is the divi (provided that doesn’t go south too). You can reinvest them and hopefully cash in when the sp does eventually recover.

I doubt the tech earnings season will bring much cheer. I could see this at 650 or even lower, before next year. Great entry point though.

I think we have become conditioned to assume that everything at B&M is cheaper. Food inflation notwithstanding, I have noticed that some of their offering is less competitive than it used to be. For example, at my local retail park, a tin of custard (probably made by the same producer) is cheaper at M&S Food than it is next door at B&M.

B&M are still competitive on branded lines, when compared with the major supermarkets, but they are not always as cheap as you might think. Also, because B&M carry only branded goods (in food and household) they are quite vulnerable to customer pushback against shrinkflation. I bought a twin pack of Persil non-bio from B&M. The next time I went to B&M and bought the 'same' pack, when I got it home and saw it standing next to the old bottle, I noticed that the bottle (and contents) had shrunk by about a quarter. The price hadn't. Of course, that isn't just a B&M problem, but other retailers tend to offer own-brand 'unshrunk' alternatives.

If B&M's reputation for value starts to slip, there is a danger of shoppers moving elsewhere and their bottom line suffering as a result. There's no evidence that this is happening at the moment, but who knows what lies ahead? Judging by my own shopping experience, it is a danger that cannot be dismissed.

Indeed, the dust will settle after a few days and it will start climbing again. I see £6 as the top, for now.

I sold out of UU last year at 1150p at 60% profit (one of my better buys). Even with the decent yield, it would have taken years to make that sort of profit in dividends and I couldn’t see the sp climbing much higher, so there wasn’t a great case for holding.

I’m glad I got out. Even a well run water company like UU is going to come under increasing pressure (and possibly legislation) to divert more of its profits to infrastructure spending - and the sp will probably take more of a hit.