Member Info for Savage_KeyboardR

Big drops

I don't throw personal insults. Though I will not shy away from using sound evidence to embarrass conspiracy theorists. Macy, are you still in on GBG? What do you think the prognosis is here for CPI when their FY results arrive?

Interesting stuff. Schroders being taken over might mean when the dust settles the new owners re-evaluate the firm's priorities. Could benefit CPI SP, should they opt to raise their holdings or conversely could hinder if they opt to carry on with trimming. More uncertainty tbh (albeit not necessarily bad news). DYOR - IMO

Interesting observing this bounce around the 207p-212p range. Lots of resistance there at 207p but I am beginning to think it's increasingly looking as though the buying resistance will become over-run by the selling orders here. Possibly we're going to be seeing the next resistance way down at the 198.5p-201.5p area, and quite probably another notch or two below that range too. DYOR - IMO

"So many contract wins coming Capita’s way" - Is this is true then where is the evidence?! - Still no RNS's

IMO = DYOR

Why an over-reaction in your opinion? After all these things are true:

1. 5% of business handed to RL

2. 113mil shares in circulation has risen to ~120mil in circulation.

3. MyCSP woes - much press visibility & PMQ's mentions of the terrible situations many pensioners are being put into (to extend many now needed emergency interest free loans to survive).

4. Low UK growth on macroeconomic scale, real terms GDP per capita shrinkage.

5. UK Interest rates remain within restrictive territory atm.

6. Little if any RNS on contract wins (renewals yes, although there will always be some proportion of drop off - not a sustainable strategy to just focus on renewals long term, which I've highlighted repeatedly on here).

I'm not at all surprised CPI is now having a period of reckoning, the recent rally of the SP was not built on solid foundations but instead on AH's PR machine & speculation IMO - DYOR.

Personally I wish I had the stones to short this stock. Alas though, I lack the fiscal resources to take such risks. However, I highly doubt shorters are getting desperate here and thats because the SP has dropped, so those who went short will have seem gains (even if paper ones till they close out).

Someone mentioned potential for £10mil fine. IMV that'll be about 3.3% of the real market cap of CPI (Which I reckon should be ~£300mil once results dust has settled & everyone has some much needed clarity on the true financial state of the business here). 3.3% is quite a significant sum, enough to dampen sentiment for sure.

I say to those who consider "10 m is pie in the sky" - Be careful

DYOR

Snap! CHELMOCHASER - 211.5p my trade went through for. Recently I switched from HL over to Trading 212 & appears I've inadvertently, via value buy order, bought up 0.359338 of a share (as well as the main qty I placed the order for). First buy with T212, I know for next time to choose 'number of shares' instead haha! Don't really want silly fractions here there & everywhere!

Oh wow, you're not wrong there Dartron. I may regret having not bought up a lot more tbf!

I opted to buy a small wedge today at ~211p

Sensible prose there MaxJH

SeekingLosses & MarcusExiledFromTakingProfits - blatantly the same person. How much are you now down by on your CPI investing? 🤷‍♂️

Shore got their rating pretty wrong here IMO

Https://www.civilserviceworld.com/professions/article/capita-hit-with-penalties-over-civil-service-pension-scheme-woes?

"these sort of legal roles will be replaced by AI in a few years."

⬆️Well that's a heap of complete & utter nonsense! 😂

Scottish Labour leader Anas Sarwar calls for Keir Starmer to resign: "leadership in Downing Street has to change" he says.

Will the PM go before or after the May Local elections? What do folks here reckon? - One thing is certain, May elections are looking as though they'll be a car crash for Starmer.

As for CPI... Gov instability unhelpful toward the SP IMO

Https://www.fxstreet.com/news/eurozone-sentix-investor-confidence-index-jumps-to-42-in-february-202602090947

'According to Sentix, the latest data suggest that the Eurozone economy may be emerging from its downturn. “The recession in the Eurozone appears to have come to an end and an upturn seems to have begun,” the research group said in a press release accompanying the survey.'

This should prove good news for SSP Group, as Euro performance over past 24 months has been a drag on the financials.

DYOR -IMO

£2.50 - IMO/DYOR -

Reasoning: I think annual Revenue will drop to ~£2bn. Margins on renewals might be the +ve news but... CPI is not selling nearly enough; reliance on renewals likely to be weighted too strongly in the current strategy resulting in AH likely to having to change approach with a 'strategy reset' maybe? Possibly there might be some signalling of this in the PR language, and CPI may try to claim 'victory' in terms of the margin strategy has succeeded within their RNS, perhaps?

I think the market reaction might at first be positive, then as the details are digested the SP likely to drop to the market cap of £300mil (what I reckon CPI is worth, hence my £2.50 SP prediction as there are now ~120mil shares in circulation for CPI).

What do others reckon? - All IMO

I've opted to switch away from HL to move over to Trading 212. Has anyone experience of moving their stock holdings from HL to Trading 212 before? - Better to use their transfer process or to sell the stock on HL and just rebuy it over at Trading 212?

USA futures appear to be moving south, could be an interesting selling afternoon on the markets today?! What do others reckon?