Member Info for Savage_KeyboardR

Apologies Trisor... It's Trenners which said those words... getting the two of you rampers confused there for a moment! My error.

Trisor - Once again you're talking nonsense. Everyone can see you said the following words:

"the patient investor (think Schroders and all the other IIs) will still be holding when these hit a £1 again."

👆Your words are precisely advocating £1 a share - All on here can see this.

Conversely, I have not ever said CPI will be worth Zero - £0. I have said AH and the board will have to take action but there are many forms that could take.

Yes, I think the stock will continue to be sold + shorted... AH and the board only have so many possible options as to what they do about the situation but where I am clear is they will have to take some sort of action which will more than likely inflict financial pain on current LTH's.

Question for you Trisor...

Is the 13.5p SP closer to zero? or closer to £1?

Crazy, mad, useless or... simply UK is now reeling from the accumulation of YoY damage caused by 14yrs of Tory economic mismanagement, and the damaging trade aftermath following the decision to go through with bexit?

EZJ like many stocks on the LSE have a long road ahead to recovery IMO, longer than some speculating had perceived, hence the drops this month... more to come next week BTW, Wednesday particularly key IMO.

Trenners on the SP:

"the patient investor (think Schroders and all the other IIs) will still be holding when these hit a £1 again."

There we go with the £1 a share nonsense again🤦

JG68 to Aimmaster

"To be fair there might actually be a more positive outlook in March"

Really...🙄🤔 - it's going to be a shocker of an RNS when it lands 😬😬😬😬

Support at both 13.7p & 13.62p fizzled out pretty rapidly... Did not take much at all to push it sub 13.52p either. Appears today as meeting resistance at 13.4p which maybe it might be able to hold for a day or two?

As I said previous... I understand why you're positive on this stock but I nonetheless stand by the 570-590p range and I think now that it's found that top end there will be more pain next week for the SP when the UK GDP figs and host of CPI, RPI + PPI data is released too. The drop isn't over yet. All IMO - DYOR

AdamWoodman - Hypothesise for a moment that AH were to plan to fill the cash shortfall up with some borrowings... Who would even agree to loan to CPI?... Since it has little by way of collateral, to put up as security against default... Not to mention any borrowings would now be at elevated rates too.

Yet more asset sales or... seeking out a merger, with a rivel business perhaps, look the most likely available options- if AH wishes to try in desperation to keep the wheels at CPI turning for longer.

AdamWoodman - "I’m sure Capita will shoot up later this year. Companies have got big money invested".

Sorry but... I whole heartedly disagree. Market Cap now barely £230m... There's 1.69 billion shares in circulation for this stock, and AH is fast running short of road because the wider market conditions are now closing in & squeezing it hard... at precisely the wrong moment for management board.

There's falling sales, antiquated equipment for staff (according to some who've posted on here saying e.g. laptops are old/slow and other IT hasn't been updated for a long time). Then there's Gov plans to create unitary authorities (likely to reduce in medium term the number of contracts put out for tender, as systems inevitably become consolidated in the process) plus... looking likely Gas Safe contract might be lost (nothing confirmed yet, just why else voluntarily wind up the Ltd subsidiary part of CPI which handles this?! - due to be wound up with a £100k loss on 20th Feb 2025 atm).

Cash raised from sale of Capita One has in all likelihood (not confirmed) been majority or even completely spent. Added NIC's, apprenticeship and NWM increases hitting the books for FY 2025 ahead. £50mil odd of cost cutting spend additional (stated in the recent TU)... yes, they say it will save money but... firstly it appears as outgoing cost (again just sheer bad timing, or poor foresight by the board, here given wider macroeconomics) and the savings land much later and cumulatively too i.e. slowly at first.

Results FY 2024 already admittedly from CPI saying high single digit % revenue decline (not due out till March, by which time could it all just be too late anyway?!)

AH wants to spend shed load on AI investment but... there's little to no cash available so how on earth will that even be possible?!

All IMO - DYOR.

Appears struggling to hold 13.5p... not a good sign for CPI IMO as the real pain set to land next week IMO.

@Aim - I definitely view it as possible CPI falls sub 13p... However, it may just bob around this level... My eyes are now cast towards the UK CPI + RPI +PPI data, set for release next Wednesday. I highly doubt it's going to be positive for UK PLC and both sides of the release of those figs I anticipate there will be significant market volatility... esp. since GDP figs are then released Thursday... potentially amplifying any market wide pain.

Should see immense downwards pressure on CPI SP next week IMO - If shorters & sellers really go to town on CPI I don't rule out there being need for AH and the board to be forced into some sort of action to shore up the business in some way/shape/form...

And by troll they really mean is they object to the fact I've done my due diligence on this business, and because I've shared my honest take on it (negative) which they don't like...

So rather than finding evidence to use to back up their case instead they throw their toys out the cot and have tantrums e.g. spouting nonsense conspiracy theories which include saying I'm a paid to post de-ramper.

Meanwhile as I'd correctly forecast... the SP just keeps on falling.

Https://www.capita.co.uk/news/trading-and-operating-update-capita-plc

Sorry - rogue ')' there in the weblink!

KevinC100 - More recent info can be found in the 17 Dec Trading Update...

link here: https://www.capita.co.uk/news/trading-and-operating-update-capita-plc)

voli.zh is correct though, the TU above was not 100% clear about how exactly the ~£180m cash raised from the sale of Capita One has been utilised... Hopefully the Full Year results (out early March 2025 - albeit FY ended on 31st December 2024).

What is certain is that CPI has a significant ongoing cash in hand problem...

Talatum - on buybacks... yes, an explanation is the buybacks are gradual & daily (for Vod anyway)... so only over the full timeline of the buyback process can the full cumulative effect on the SP eventually be seen in the SP.

If on a given day there's selling sentiment on the market which is significantly above the volume being purchased daily via buybacks; then the SP will fall (works conversely of course too)...

Personally for me I'm content with the gradual pace of the buybacks; as I'm continuing to accumulate... so as and when the SP dips I can take advantage to buy up more 😎

On first glance the case appears damaging.

However, on more thorough investigation it seems Voda just applied the contractual rules... which franchisees has signed upto... yes, rules needed amending - because when drawn up no consideration of a global pandemic had been included... Voda already made a statement to the effect of 'yes, there was a problem but once identified it was quickly dealt with & resolved'.

Peoples opinions on if it was 'quickly' enough, or not, will be subjective but... what is clear is few businesses were equipped to deal with the huge shock of the global Covid pandemic...

IMO all Voda will need to do to defend this case is demonstrate it did take the reasonable action required, once the issue had become escalated to them, and so long as they have proof of this then I reckon it'll be resolved and... yep there may be lessons which can be learned but... will they throw the book at Voda & make an example of them?

I somewhat doubt they will, as the precedent it could set may risk igniting a whole bunch of other cases to head to the courts. All IMO - DYOR.

On first glance the case appears damaging. However, on more thorough investigation it seems Voda just applied the contractual rules which franchisees has signed upto... yes, rules needed amending because when drawn up no consideration of a global pandemic had been included... Voda already made a statement to the effect of 'yes, there was a problem but once identified it was quickly dealt with & resolved' - peoples opinions on if it was 'quickly' enough or not will be subjective but... what is clear is few businesses were equipped to deal with the huge shock of the global Covid pandemic... IMO all Voda will need to do to defend this case is demonstrate it did take the reasonable action required, once the issue had become escalated to them and so long as they have proof of this then I reckon it'll be resolved and yep there may be lessons which can be learned but... will they throw the book at Voda & make an example of them? I somewhat doubt they will as the precedent it could set may risk igniting a whole bunch of other cases to head to the courts. All IMO - DYOR.

Trenners... what % profits are you making on those 20,000 more shares you purchased? 🤷

137p