Member Info for Savage_KeyboardR

Today's SP price range makes this stock a fabulous buy! Fill yer boots! - DYOR

Hi kularatnam, you said and I quote: "the update was positive with the message " trading in line with expectations""

Can you point to or share the positive bit please? I ask because "trading in line with expectations" is not a positive statement - it's neutral. So can you share why you think the update was positive?

HHH81 and others... I've no idea what the June update will be like... all I'm explaining is for me personally and imo given the risks in play here for CPI I want to see that June update before considering diving in with making an investment.

Now criticise/mock all you wish but I can only convey my view and the last time I checked this is a discussion board where people can air their views/opinions. Yes, some on here may lash out and play a conspiracy theory nonsense card accusing me of having an agenda. However, I've been super clear here that what I've shared is wholly in my opinion and I lack the powers to control the stock market so the agenda is pretty laughable really.

Stupmy, for trading no doubt the turbulence makes CPI quite lucrative... I think you're correct about the 13p being the bottom for now. Seems long holders are waiting it out, hoping for +ve change in fortunes and buyers clearly seeing value in buying the down-beaten as a long hold gamble (perhaps shoved in ISA or adding a small stake to an existing portfolio for extra diversity). However, I see big risks here on the June announcement, if it's bad (I think it will be) then this could tank and possibly not recover for a decade. If the winter is especially harsh (Sep/Oct in particular) then it could be terminal for CPI.

Trisor - It's obvious to any investor that I was not quoting the whole RNS - as for agenda I previously declared I was considering investing in CPI (but I chose BT instead) and I was curious on the results as at some point I may make an investment... therefore yes, I will interrogate the results as this is a discussion board for opinions (unless they differ to yours it seems).

Look there's no escaping this terrible RNS - it's in line with expectations (which anticipated terrible results) and there's no signs yet that the turnaround is slowing the rot. IMO for the SP to have boosted there would have needed to have been some small positive sign in this trading update today but there's nothing of the sort in this RNS.

The outlook is grim, for me I will want to see the June results, or to see something majorly positive in the Macroeconomic environment before again considering investing in CPI.

Trisor - that may be your opinion because you dislike what I am quoting from the RNS today.

Everyone here can read the RNS and I don't need to copy every single part of it.

GoCPI - As I previously declared... I made my decision to invest in BT and not CPI.

Now although you may try and label me as having an agenda it's sadly the case that I just don't have any sort of power or influence over the stock markets to get people to sell to me on the cheap.

It's a little bit of a ridiculous claim to be making.

"we continue to expect the Group’s adjusted revenue1 to be broadly in line with 2023."

Problem is that IMO there words are very unlikely to be true because:

"The Group’s adjusted revenue1 was 9% lower in the four months ended 30 April 2024, compared with the same period in 2023"

I.e. To maintain the same annual revenue as 2023 the rest of the 2024 year has to deliver a much greater revenue share...

IMO I just don't think that's realistic.

"we continue to expect the Group’s adjusted revenue1 to be broadly in line with 2023."

Problem is that IMO there words are very unlikely to be true because:

"The Group’s adjusted revenue1 was 9% lower in the four months ended 30 April 2024, compared with the same period in 2023"

To maintain the same annual revenue as 2023 the rest of the year had to deliver a much greater revenue share...

IMO I just don't think that's realistic.

JG68 - IMO any attempt made to try and justify this update as 'just a reiteration of what was already known' is seriously missing the wider point because those investing their hard earned cash buying into that narrative would IMO be massively underestimating their level of risk here...

Let's not beat around the Bush... this trading update is not just terrible, its diabolical, and yes the blame lies squarely at the door of the previous CEO.

All focus should turn to interrogating precisely what's being done to turn things around.

All IMO - DYOR - GLA

Agree Culley01 - it's a desperately sad state of affairs and even a CEO with an amazing record will be well up against it... I think the very best the June results could now be expected to show is a slowing of the rot, I dont think its possible to 'level out' in time for June.

Absolute worst case could be AH is left with little choice but to reach for the emergency RI lever but let's hope it does not come to that.

No not me... the trading update!

"Revenue 9% lower in the four months ended 30 April 2024, compared with the same period in 2023

Total Contract Value won decreased 9% in the four months to 30 April 2024.

Contract win rate down by 3% to 77% (2023: 80%)

Capita Public Service adjusted revenue1 reduced 5%, in four months to 30 Apr 24, reflecting previously announced losses in Local Public Service, and reduced contract activity in the first 4 months of the yr in Defence and Education."

Now I totally understand the new CEO is having to turn the fortunes around which will take time but right now the market will probably punish CPI yet again...

IMO the June results must show some progress else CPI will be in serious trouble.

Heaps more debt but nice and chunky revenue growth, as expected. At a guess the markets may punish the debt loading but... I think mid-long term the strategy will pay dividends (just not right now as SSPG did not raise them either!)... this equity is one for the patient. For transparency my wife is invested here but I am not... If I were invested I'd be buying on the larger dips (anything below £180p) and holding the lot for the foreseeable! All in my opinion - DYOR and GLA!

AbjectPerformer - Depends what you deem as 'recent'. I've began trading Dec 22 - I invested in BT in early 2023, sold out for profit and then dived back in again in late 2023 but... this time around I significantly increased my holdings with many tranches using £ cost averaging + yep I'm still buying, I've not dropped a single share - I said early on this year I saw BT hitting the £1.60-65p mark and with recent announcements by AK at that level an investors ROI is equivalent to 4.8-5% from the Divi alone, so yep I think it'll easily hit that price point, perhaps a little beyond it too.

AKO trimmed their short position on Fri 17th, they'll be nursing big losses as mentioned by others on here! Only way they can claw that back is if the SP drops down sharply. I'm sure many here will enjoy squeezing them some more 'til they fully close out! 🔥🔥🔥

I noticed HSBC have done some press release labelling all UK stocks as 'Overweight' - in the event others join in with sharing the same view then we should see a broad based lift.

Nice confidence booster for this stock and I imagine there will be a few more director buys yet.

Just spotted that HSBC have labelled all UK stocks as 'Overweight' - if others join in then we should see a broad based lift here which may further amplify the underlying upwards trend for BT.

SSPG reporting results tomorrow... I'll be reading through them in detail to glean a sector wide readout.

Possibly they're digging in to attempt to claw back a proportion of their losses... They're taking a big risk though because imo BT will soon make another sharp climb upwards, they could end up amplifying their pain! Lets hope so! 🔥

Presumably some cannot quite believe the change in direction for the SP to have moved upwards? - imo it's best to take advantage whilst many take stock to consider their next moves as this is heading right up towards 170p in coming weeks! Don't miss out - DYOR