Member Info for Savage_KeyboardR

Ooof that's a hefty sell and does fully explain the recent drop.

Angelis - You haven't a scooby doo! It's utterly hilarious!

Good to have you back Hexam 👍 - always impressed by your sound analysis on the financials BTW!

Blimey, Morgan Stanley's updated view their reads pretty aligned to my own! £4 price target... I mean I think that's slightly too much but I think they'll be proven broadly correct in their assessment of EZJ 👍

Nice to have the validation, even if its only 1x broker for the time being. How long till others join MS in their analysis I wonder 🤔

DYOR - IMO

"£14 million was a drop in the ocean"

I disagree, one look at the cashflow figs these past yrs shows £14m is significant IMV

I reckon CPI will close out the week just below £2.90p IMO

UK GDP figs out tomorrow, and I can't see how those will be kind on the Chancellor, who IMO is now living on borrowed time (I say this as a centrist Labour supporter). Unemployment rising, oil falling (disinflation incoming) and BoE not primed to react fast enough.

The growth the Chancellor pledged is nowhere to be seen, it was a mistake to promise that growth tbh as the Tories had wrecked the nation and repairing the damage was always going to take a long time.

CPI FY2025 results IMO are on track to fall just short of £2bn of revenue. Long wait till March though, for the financials to be released 😬

DYOR - IMO

Heatseeker77 - I dont trade bitcoin.

I only buy my LTH's in quality stocks I think will perform well 👍

"Daltry played it well I think 👏 imho" - what happened to daltry (he's a Donald Trump man)?

So wish I'd shorted CPI - is lack the trading experience to take such risks but the financials have been clearly vulnerable here and only looking set up to become worse still.

DYOR - IMO

So wish I had the trading experience to short this dog!

As it happens I'll just have to read about AimMaster2018's success on the CFD positions!

Good point on the Ofgem... I'd forgotten all about that one! Landed suddenly over the late summer months, rolled in with the H12025 I think? - shocked quite a few on here as no forewarning on that one from anywhere I think 🤔

Thats the thing with CPI, always more excuses why the plan isn't delivering.

DYOR - IMO

AimMaster2018... there is one route for CPI to cover the cost... they setup some revolving credit facility, quite large and at quite a high interest rate I recall too. Could be the case they intend to tap into that to boost the FCF. Possibly?

DYOR- IMO

Under £3's for sure AimMaster2018. That's a hefty settlement, plus trading getting tougher I think too. I just dont see how they'll make their guidance (if somehow they manage to make it, fhen I would reckon it'll prove to be propped up by the asset fire sales)...

Personally, I now think CPI is entering the 'danger zone' - I'm not claiming anything dramatic will occur imminently, just that it may soon be the case this quarter period marks the beginning of significant trouble which will likely be long drawn out.

DYOR - IMO

Https://www.londonstockexchange.com/news-article/CPI/capita-reaches-settlement-with-ico-regarding-2023-cyber-attack/17279091

RNS out on the settlement. £14mil penalty by looks of it. Further at the bottom they detail how this impacts on their trading update and forward guidance.

Looking as though they're continuing with the guidance little changed.

I still have my doubts as I think this final autumn quarter will be a tough one for CPI!

DYOR - IMO

"Akhtar234 - I dont want Easyjet taken over, as it should and always be a UK company."

Plenty of companies on the FTSE indices are not UK companies. Take XPP (XP Power) for example. Listed on the FTSE All Share but headquartered in Singapore...

What a load of nonsense you're talking... the days of the British Empire were rubbish, and they're long in the distant past where they belong, so get over it!

My wife sold off her entire SYNT holdings the day they launched the '6 for 1 Rights Issue', she received about 45-50p in old money. Unfortunately, she did book a loss, large % but small money, as she didn't have lots invested on this stock.

I warned on here this stock was nonsense - many didn't listen - just checked in today, out of curiosity... to see it's now almost reaching the same pricing in the new money as it was priced in the old! Shocking stuff!

Sundezena - Indeed I am

Webba1 - Not to mention that post of Avocets is actually a copy + Paste of my critique of EZJ - As I said before the robot just copy + pastes my content. I don't even think Avocet123 is a human (takes trawling through their posting history to see what I mean).

The reason I'm negative on EZJ is it's UK + EU focused, all the reasons I gave in that post are valid.

However, I think SSPG will conversely do very well because it's invested into making cost cutting & efficiencies here in UK + EU ahead of the forthcoming crunch (there was investment spend specifically made by the BOD's, see financials, to ensure they were on top of costs)... and SSPG is growing so fast elsewhere it'll easily more than make up for any issues here in the Europe over coming 0-3yrs.

DYOR - IMO

"seems Vueling (IAG) are knocking out November prices at £10-£24 intra Spain. This must mean they are losing money on a lot of flights….this is something we do not do at Easyjet"

Unless they're going early with their bets on sub $50 oil?

Fortunately, for my credibility, the IMF are routinely incorrect with their forecasts! They already rated UK growth much too highly and had to downgrade multiple times. Yet today they're claiming UK will have the fastest growth in G7, saying they see "an upside risk on UK inflation"...

IMO that's complete nonsense - And one BoE MPC member has already come out today saying he sees "an economy with rising unemployment and weak demand"

The first scenario is the “soft landing”, which Taylor fears is receding in terms of probability.

He says:

"By maintaining what I think is a too restrictive path of interest rates, we may have braked too hard, such that inflation cannot smoothly return to target with the economy close to potential, as my votes have indicated."

The second scenario is the “bumpy landing”, which Taylor thinks is increasingly likely. This, he says, is:

"… a downside scenario, where inflation undershoots, and goes below target in late 2026, and the economy moves into a weakened state for a sustained period, with output and employment below potential, leading to undue damage to economic activity."