Member Info for Savage_KeyboardR

Theoldtrader - Sure, let us head back to 2022...

CPI 2022 Revenue = £3,014m

CPI 2023 Revenue = £2,810m

CPI 2024 H1 Revenue = £1,201m (assume simple doubling H1+H2 (despite we know it's falling MoM) then = £2.402m)

Helpfully someone on here posted the employee figs too, copied here:

2022 50,000 employees

2023 43,000 employees

2024 41,000 employees (39,500 Revised) Capita one sale Re-organisation

The figs nicely demonstrate how CPI is shrinking fast! It really is in massive trouble, particularly given the falling sales volumes.

Efficient, successful & growing companies tend to grow both revenues and employee counts (as well as profits and debts too).

Looking at these employee figures posted just shows how rapidly CPI has been shrinking! I suppose when the business is just not selling enough then they have to keep shrinking YoY, along with the revenues and profits also shrinking...

Shareholders ending up with more shares in an ever smaller company!

Rarely has £1 a share felt further away... and it's set to get far worse yet...

9 years ago CPI had more than twice the revenue it does today... amplifying matters further is that since 2015 there's been a LOT of inflation - to have kept pace CPI would have had to book healthier revenues today than it did back then...

How the once mighty have fallen.

Stupmy - Those businesses which go against what is simply more efficient will only hurt their own pockets in the end. The incessant drive for presenteeism will be rejected by the skilled & well paid workers who have luxury to pick and choose for whom and where they work.

Meaning businesses forcing workforce compliance will be left with lesser motivated + lower skilled subservient staff. In 10-20yrs time they'll realise they've fallen behind the far more efficient and smart businesses. The rot will set in and they'll go to the wall.

A few weeks ago I'd shared my view on here we would likely see a correction from ~8400 down to around about ~7560... Today we're almost halfway there and I'm expecting FTSE100 to head below 8000 over next few trading days as I can see little news giving it support. IMO the BoE rate cut is too little and too late, demand is weak and falling fast.

Fibrelad - #ShouldHaveBeenABid?

'Overweight'

Seamser15 - Deny truth at ones peril. Monumental commercial property write downs are going to be hitting the books for many businesses. The sheer scale of the devastation incoming over the next few years ahead is unprecedented and much too little discussed as a serious risk.

Palladium1968 - odds of a decent turnaround... Less than 5% IMO - AH is blatantly there to sell off the best bits and leave PI's holding many shares in a hollow business. Get out while you still can!

Unhooked - the bigger problem is CPI has low and falling sales volumes because demand is too weak and their operational costs are far too high... CPI have been opening new offices going into an era in which the most successful companies will fully embrace flexible working. Those buildings are going to end up being huge liabilities for CPI. Not to mention the business keeps on shrinking because AH is selling parts of it off. The sale of Capita One might well have helped the balance sheet stay positive for the time being and make CPI appear as though it's a profitable business but without that asset sale it'd be haemorrhaging cash!

About time, both terrible businesses rotten to the core and badly run with failing financials. They can both put out press narrative to the contrary but in the end market fundamentals always catch up!

Shandypants2 - I see this playing out differently... I'm increasingly noticing ppl are just socialising much less, sick of outrageous price hikes on everything from weekly shop to mortgage costs they're just going out less...

Sure JDW can hike prices to cover the NIC's but I reckon footfall will simply be lower accross the board.

It won't be a lasting recovery... more pain for the UK economy well on the day. Bailey & BoE cutting too slowly. Weeks ahead will see a drift lower and the FTSE struggling to fight falling equities.

Felling glum about today's SP drop? Fear not... because there's always a bigger loser out there!

Oh... or should that be DOH!?

It seems it is all of us taxpayers because... not content with having wasted £700million on the failed Rwanda scheme it seems Tory mis-management/ineptitude for HS2 has netted yet another big ticket cost of £100million. So I hear you cry out... what wonderous scheme did they spend it upon?!

A bat🦇 shed!

https://www.theguardian.com/uk-news/2024/nov/07/cost-of-shed-to-protect-bat-colony-near-hs2-has-topped-100m-chair-says

Perhaps Cleverly had mis-spoke and meant to say the scheme was 'Bat-Shed crazy' when he spoke in parliament back along? This does leave us with one key question! Of most importance....

Does it come with a free Bat Mobile included?🦇

Fleccy - Yep, just been explaining to Erik9Haggy & longtimeinvestor that just because they heard something on GBeebies that it does not mean that it's written in UK law but... they seem to be finding these matters so very difficult to comprehend. Perhaps it's just beyond the limits of their understanding?

Erik9Haggy - you said: "You’re missing the point… they stop being an asylum seeker the minute they enter the UK without documentation. Then they become an illegal immigrant. It isn’t rocket science."

☝Sorry but this is just completely made up nonsense, there is no actual UK law which states this.

Erik9Haggy - You assumption that "of course they can claim asylum, but that’s only if they have their passport or identity documents" is not correct.

No asylum seeker will be arrested and jailed for entering the UK without a passport.

An asylum seeker can be arrested for entering the UK using a fake passport because then they would have committed an illegal act, and there is a law which allows them to be prosecuted for doing so.

Erik9Haggy - You assumption that "of course they can claim asylum, but that’s only if they have their passport or identity documents" is not correct.

No asylum seeker will be arrested and jailed for entering the UK without a passport.

An asylum seeker can be arrested for entering the UK using a fake passport because then they would have committed an illegal act, and there is a law which allows them to be prosecuted for doing so.

Longtimeinvestor - you can throw insults around, many children like to do this when things do not go their way.

However, irrespective of any tantrums you may throw it will not change the law, which currently legally allows Asylum Seekers to claim asylum when they arrive in the UK.

It is very unlikely this will ever change in law because any UK Government of all political persuasions will always wish to allow persons to claim asylum and have their application processed in the normal manner, especially since some of those can be intelligence assets for the UK intelligence services.

🤦- Look I understand, you're disappointed the Tories lied to you and that they have in fact allowed many people (~600-750k per annum plus boat arrivals) to enter the UK.

However, none of this is my fault and if you cannot understand the law it's important you know that I don't write those laws either.

Please familiarise yourself with the law, and if you find you still do not understand it then you have the option of consulting a solicitor who of course can help you with understanding how the laws are applied. It's a complicated subject, which is why there are legal professionals to help you with understanding the laws which the Tories passed via Parliament. There's no shame in seeking help to understand these complex laws made by politicians.

Whilst it might be your opinion that "EVERYONE enters the UK illegally" - This is just not true, and is also not true according to law either.