Member Info for Savage_KeyboardR

1 month ago £1 was worth $1.26.... Today it's worth $1.22 - That's adding inflation and will make it difficult for BoE to justify any cutting for rates. In all likelihood the BoE will want more time for things to settle down... given Trump has only just been elected - as risks of reigniting inflation (already running too hot when compared to 2% target). I can't see how BoE would be able to justify cutting as how would they explain to that to the Chancellor in No.11 if inflation sparks upwards faster again for households?

Oddo BHF starts BT with 'underperform' - price target 118 pence

BoE's primary objective is to maintain Inflation at 2%... Currently RPI is 3.5%, CPIH is 3.5%, core inflation is 3.2% and CPI is 2.5% - Given all are above the 2% target, and £ having weakened recently too (weak £ acts to amplify inflation) what do you believe is the main reason the BoE should cut rates in Feb?

GoCPI - Of course... when this stock drops it's always due to an ongoing conspiracy of some kind... 🤔💭

Nothing at all related to the plunging YoY revenues, plummeting sales numbers or the fiscal costs going out the door on various vanity projects....

Retec - The answer to your question lies in what I had said but given it appears I need to spell it out:

"My guess...."

My guess is many who spotted the stock had achieved over 14p on Friday did some thinking over the weekend and possibly opted to trim their positions, hence early morn rush for exit doors?

AimMaster2018: "Shows government is serious about technology. So makes capita well positioned to push AI which capita should benefit."

or alternatively... it shows other competitors to CPI are far better positioned to benefit i.e. CPI lacks the competitiveness required to succeed? 🤷

64.8p please roofer

AdamWoodman - you do realise the MOD is exiting it's recruitment deal with Capita?

Just for the record - I also suggested one possible route out from the fiscal peril CPI is currently in is a takeover and I invited others to suggest who might be interested in bidding for CPI.

Assuming the ~20p value is more than fair then I don't think any potential bidder would be willing to pay much greater than 28p a share (i.e. a 40% premium on top)... Risk for CPI LTH's of voting down such a bid would mean continuing on the current path of decline.

All IMO - DYOR.

Burgeseb - "Boris Johnson did a good job in respect of Taxation, Spending and Interest rate resulting in economy growing"...

It's kinda easy to keep the wheels turning if YoY the No.11 treasury is merely extending the Credit Card to keep on spending more money... Boris had luxury of simply being able to extend borrowings throughout tenure in No.10...

Of course had that Government actually been forced to live within it's means then... things would have been very different & you may not have liked Alexander Boris de Pfeffel Johnson so much as you appear to.

TerryM1 - Sorry but... I thought you had said this board is for discussions on CPI ? At least, that's precisely what you've said before on here.

Look... you've said you're holding CPI (i.e. not selling & not buying either) so what I said originally ("you're not keen to buy up more") still stands as being true👍 - Everything else said is just... well... bagatelle tbh

TerryM1 - Thanks for clarifying, as that matches what I originally said which was "you're not keen to buy up more". 👍

TerrM1 - in simple terms (to use your own words) you're either keen to buy more CPI or you're not... Which is it?

TerryM1 - Great, you seem to agree that the situation is even worse than my basic analogy (which was oversimplified of course) 👍 - No wonder you're not keen to buy up more, makes sense. As for the critique of Labour and calling the last Tory Gov 'Tony Blair on steroids' - nicely demonstrates you've not got a clue when it comes to political understanding, blatantly you lap up what the Daily Mail serve you for breakfast, lunch & dinner reading.

Or perhaps not it seems:

https://www.bbc.co.uk/news/articles/c75zwyeq3v9o

Burgeseb - Question....

In 2015 my income is £3000, and my rent is £1500. - I have £1500 leftover for bills, leisure etc after I've been paid & have subtracted my rent expense...

In 2025, ten years later, cumulative inflation has added 25% to my rent costs (outrageous I know right?!)... However, since 2015 my income has unfortunately halved (because the boss went on a mad austerity drive).

In 2025, how much do I have leftover each month, after I've received my income and have paid my rent?

⬆️This is the sort of situation CPI finds itself in and so it's having to sell household furniture/jewellery... to make ends meet and prevent the landlord from evicting me.

Some context here.

CPI netting less than half the revenues it booked in 2015 (adjusted for all the YoY cumulative inflation since 2015, it's a very savagely bad fiscal performance)

Revenues still falling (high single digit % is expected, written in CPI's Dec TU)

Sales plummeting (details in HY figs does not indicate any recovery on the horizon, and what's more the business has a confirmed strategy targeting fewer contract sales with higher margins, i.e. not actively chasing increased sales🤷).

How's the BoE going to justify a Feb rate cut when the £ is now weaker (locking in more inflation ahead) and there's inflation already on the way from higher oil/energy plus... higher telecoms, council tax, rail fares, water and potentially Trump tariffs too?

The talk of BoE cutting rates in Feb is nonsense because if it were to cut rates it'll further weaken the £ and only amplify more inflation.