Member Info for sharehead

Hi Riskybiz

I think there’s lot building bigger positions here while they can due to the, imo, very depressed sp. I think once we are back in the mid 20’s they will come out of the woodwork saying how clever they were and even with some uncertainty remaining they always saw a great opportunity at current levels.

As I’ve said before I think fair value is more like 40 to 50p so even mid 20’s has, imo, too much uncertainty still priced in, but I accept CPI needs to show ongoing growth to get it all the way back to my idea of fair value

Atb

Whilst it might be a bit frustrating waiting for this to jump back up again- that’s nothing compared to seeing it has shot up, knowing you had the chance to get in whilst it was at or near the bottom imo

Well, I guess if it just jumped up on demand with no patience required we’d all be millionaires!

I think there’s plenty see the opportunity & the same thing happened around 22p last time - hung around that level for a bit before moving up - bit up and down until over 30p and then skipped past the 30’s almost in to the 40’s

These things just happen when you least expect in my experience

Atb

It’s hard to believe that there is the opportunity for a 50% plus gain to 25p / 26p, which looks like a very achievable initial (short term) target imho

Amazing opportunity I believe

Hi Trenners - agree lots of sp drivers

Given how depressed the sp currently is, imo, it wouldn’t take that much for a BIG bounce as I believe is currently trading well below fair value

I would agree the first 50 to 60% rise from here is easy low hanging fruit imo - so currently for me this is a big no brainier

So I ask myself why at such a low mcap are there so many still trying to talk down a very limited down side ?

I’m here for years to come so I guess I shouldn’t be very concerned

My thoughts on this

We have a very low mcap and a very low p/e 2.75

So upside is huge

A mcap of under £700 million is 40p plus

A mcap over a couple of years of £2 billion is a lot - well over £1.20

That’s a BIG return against 16.5p

Then there’s dividends too

So maybe some want to squeeze the last bit and go long ready for a HUGE rise

Because the profit is massive

We’ve had big inside BUYS

AND what trajectory did they show our new leader in waiting to convince him this would massively enhance his reputation I wonder

All to play for imo

Capita claim they intend to double the EBITD margin, EBITDA is currently £115 million, with amortisation coming in at £15 milion, so 100 million of EBITD and a margin something around 7%. The target then is for an EBIT number of £200 million excluding growth. I'm not sure how a company generating £200 million in EBITD retains a market cap of £300 million. I'm not even sure how a company generating £100 million of EBITD with a clear path of improvement can remain on a £300 million market cap.

What mcap does this justify?

£1 billion?

£2?billion ?

Have a look at mcap with over £3 billion revenue and profits of 7%

Ok - so that’s not now - that’s potential future

But still over £3 billion revenue

Debt reduced

Free cash increasing

Dividends on the radar

This, imo, seriously undervalued currently

With potential to grow and grow

Exciting opportunity

This looks on the path for growth for years to come imo

Capita claim they intend to double the EBITD margin, EBITDA is currently £115 million, with amortisation coming in at £15 milion, so 100 million of EBITD and a margin something around 7%. The target then is for an EBIT number of £200 million excluding growth. I'm not sure how a company generating £200 million in EBITD retains a market cap of £300 million. I'm not even sure how a company generating £100 million of EBITD with a clear path of improvement can remain on a £300 million market cap.

Exactly- mcap should be and hopefully be will be multiples of current mcap imo

“If they can do that before the seller disappears then there is unlikely to be a 'pop'. Then, with plenty of doubt still lingering, I'd imagine any short would re-open at 23/24 mark.”

You say there is unlikely to be a pop, and in the same breath you speculate it would rise to 23 / 24p

24p is in excess of a 40% rise from current price

IMHO it will go a LOT higher than 24p

Gla

Because it’s massively over sold ??

I guess one persons disaster movie is another person’s golden opportunity

What’s the saying- be greedy when others are fearful

Imo

Hi NoFear

I think this will all of a sudden be pulled back over 20p once MMs have collected enough shares

Great opportunity imo

I guess it’s a bit like rewatching a good movie but you already know what happens

We watched this go from circa 22p to 44p

The whole while some posting, it won’t go above 26p, it won’t go above 30p, it won’t go above 40p etc

But each time it did

Now we seem to be presented with a golden opportunity

To re-run the same race

This time we have lower debt and closer to dividends

All to play for

IMHO

Well lots of boot filling by the look of things

Definitely loading up going on at these levels

BIG rises ahead imo

Gla

Nice blue finish

But which company could multi multi bag from here - Capita or Serco

Yes Serco are currently doing better and have a £1.50 ish sp that reflects that

But we are hugely undervalued, p/e of 2.75, growing revenues- currently over £3 billion, debt massively reduced, and really starting to move in the right direction

Potential here from the levels are HUGE

imho