Member Info for Savage_KeyboardR

AdamWoodman - interesting share of the view from the inside there and it's of little surprise, given the recent H2 results and the current wider macroeconomic environment... which are not supportive of growth for CPI (i.e. high rates, high inflation and low demand).

The most significant factor at work here is down to a key question:

"What have been the causes of high UK inflation?"

To which the answer is NOT: 'recent public sector above inflation pay rises'

So, how do we know this is the case?

Recent pay deals have been a 'response' to the negative impact of inflation i.e. the above inflation pay settlements arrived AFTER a period of significant inflation had already taken place - so therefore they cannot be a causation factor. They are a leeside resulting response.

Had things been the other way around then it could be successfully argued that the high pay rises had been the cause of a period of inflation that followed. However, that's not the case.

I agree LarryBling - The biggest causes for inflation, according to the data, are very clear... it's inflation in services sector businesses. This presumably means one, or both, of the following two things:

1. In response to falling input costs services sectors are not yet passing on the savings (presumably to boost their balance sheets).

2. Productivity is still not yet meaningfully improving in the service sector. Due to many services businesses still not having confidence to invest and so they're just employing more staff to maintain service delivery (rather than existing employees being better aided to deliver more, through benefiting from investment into more efficient systems/processes).

The media will make a massive deal over paying doctors, nurses, teachers and other Gov staff more money but ultimately the data is really clear on this... the bulk of the inflation problem is located in services businesses.

Okey-dokey - what about your fees? Usually the tracker funds have a monthly or annual cost to them? - my ~20% is pur profit and that's after all costs having been subtracted 👌

AimMaster2018 - its no wonder you need help because it's clear you're incapable of reading. You're probably also a poor listener too, a common feature of those who make wild assumptions and are frequently proven wrong.

I've stated one single sales trade I made before the BoE decision, I've been clear; I made others throughout the week, selling at a number of high points which the BT SP hit... I used this approach because I held the view the BoE would hold and this would be bad for all FTSE stocks but... I also wanted to read the narrative following the BoE's MPC decision as well... anyways at the start of the week (16th) I was holding 100% of my BT stocks (tranches accumulated at varying SP's, and on many different dates, since June 2023), and by the end the week (20th) I was only holding 6-7%... having booked around about ~20% profits. A decent yield and I still have some invested at a rather good SP average too 👌

Make whatever you want of that information.

AbjectPerformer - I hadn't realised that changing opioi following changes becoming known about the wider economy was something you feel should be banned...

Look I had previously believed the BoE would make a 0.25% cut because it takes at least 6months for a cut to have a supportive effect for the economy... instead BoE opted to hold and not only that it's also come out advocating an over cautious approach to deploying future rate cuts - with there being more downside risks (due to low demand in UK economy) I think this strategy will prove to be a monumental error of judgement.

I still hold a small BT stake and it's my view BT will easily whether the storm but I still have the view the SP will be knocked downwards for the time being, until the BoE changes their approach.

Gotnorolex - devil is in the detail... do be sure to read the rest of the report because those headlines alone paint a far rosier picture than is the case.

The crapita slur is hardly some kind of top secret lol - known throughout the land due to CPI's terrible reputation. As said previously I've never worked for CPI and I have no particular vendetta against the business... that is aside from my having reviewed its finances and from those being able to determine it's in major difficulty... again not exactly a secret. All on here can also read the results and CPI's own forward looking forecast too.

I've never invested in Capita before. I only started share trading in Dec 2022. I'm just a PI who came here looking for an investment opportunity. I dug into the financials and asked some challenging questions on here to which the responses were a mix of conspiracy theories, blind optimism by those already invested and also abuse directed towards me for having asked such questions...

On delving into CPI's financials I made a production of the H1 results... sure enough they landed and the results were terrible, a company losing sales and propped up only by selling off parts of itself.

I don't have an agenda, my experience is precisely as described and it remains a concern that some on here ramping could persuade an unwitting PI to invest when Capita's own forward look admits the company is set to experience single to low mid digit percentage contraction for this year's full results when they arrive.

Added atop are terrible macroeconomic factors which may further amplify that contraction of the CPI business.

Perhaps had folks on here should have been more decent in their conduct?

With a little bit of luck Crapita within a few yrs Capita will be no more 🤞

A decent wedge thanks fleccy👌 - still holding some BT stock too, I've not 100% unloaded and I won't be doing so.

I've used the late day rally to trim yet again. I'm now holding just 6-7% of the total I held at the start of this week. Profits booked are close to 20%. I was able to time my sales to take advantage of intraday SP rallies. Yep, I could have sold out all in one go and perhaps earned a little more but... I wanted to see how the narrative played out - Nail in the coffin for me was Catherine Mann (hawk member on BoE rate-setting Committee) coming out and stating that:

The Bank's policy "needs to remain restrictive for longer to purge these behaviours".

Now yes, she's hawkish but... BoE would have known + rubber stamped her coming out today saying this...

If there is not a cut at the Nov MPC meeting then there's going to be huge pain for equities and assets yet! We could be about to see the FTSE embark on a market correction which would have consumed half my profits so I've bailed out for the time being.

Czql5v - BT does appear to be steadily rising today since the early morning sell off... Possible it closes above 147p yet?

HHH81 - Tories have hiked taxes by more than any other UK Government in the modern era has so by that notion you only have yourself to blame for the high taxation levels... you still haven't explained why it is you're willing to prioritise making a deal over £100,000 donated by wealthy individuals than you are the £6,400,000 which Boris received from wealthy individuals?

Boris is a fraud, sold an 'oven ready brexit' when in fact it turned out to be a steaming pile of warm turd... then he left the Queen to mourn alone all whilst simultaneously hosting lockdown parties inside the doors of No.10 - He cut police forces, cut armed forces, cut nurses, cut GP numbers, left many schools in a state of disrepair... the list goes on and on and good riddance he's long gone, absolute disgrace!

HHH81 - What about the £6,400,000 which Boris received? - In comparison Starmer's bounty of gifts (£100k reportedly) is just 1.56% of Boris'... Yet no mention of that right?

Interesting NOFEAR that you "don't always use the limit order sell or buy function" - me too

They also publish lots of factually incorrect info and I've never seen Aim cite any valid sources of data/info either.

Cheers for sharing the article which caused you to decide on selling NOFEAR - So atop dreadful financials, there's also the BoE rate hold, looming tax rises (necessary as the Tories failed economic strategy has left the nation poorer) and this legal action against CPI... the combination could be toxic for CPI.

Wowsers, very relieved I did not invest into CPI!

Meanwhile some on here were claiming £1 a share! Sheer Madness!

NOFEAR - its clear you share my views about CPI because if you had thought differently then surely you would have remained invested in CPI?