The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Https://youtu.be/CwKllJ_mj3c?si=vMbDO-gujjYoVHCE
Video: Is Britain Falling Behind?
Contains a lot of information on valuation which backs up the material discount of British stocks compared to the US and the EU.
Https://youtu.be/CwKllJ_mj3c?si=vMbDO-gujjYoVHCE
Video: Is Britain Falling Behind?
Contains a lot of information on valuation which backs up the material discount of British stocks compared to the US and the EU. (Hopefully the link works)
Ste2k has been going full throttle recently, think his masters know what is on the cards for THG, so they are trying to slowly close their short before the big news. Happened last year right before the bid.
Read the RNS: "The Group intends to issue a Q1 2024 trading update by the end of April."
But to not have an exact date shows there's probably some other news on the way that they're trying to get over the line, perhaps a partnership?
Been watching Capita for a long time (years) but never did enough research to pull the trigger. Now at all time lows I did some, and noted a few things:
New CEO.
High net debt.
Breakeven FCF only in 2025.
PE of about 13 using EPS.
Some disposals came through too late for FY23 so will be allowed for in FY24.
This is what I observed in the financials. Watched the webcast with the new CEO, seems switched on and prepared to use outsourced technology to make the company more efficient.
Can those who have a lot of knowledge of the business give the investment case as to why they think the company will turn around, and what are the risks?
GoCPI, it was seeing your username from S4 that made me revisit researching Capita :)