Member Info for SimonPassmore

It lokks like that morgan eevn for me this is a suprise i havent opened a short as i thought this would rise in to the results looking at the chart i am expectong a bounce soon. Thing is the company are struggling yes loads on here will oretend otherwise but were now in 2022 why is this still just hanging on to 30p? Original plan failed so they had to look at plan b even plan c they are selling off profitbke businenses and havent proved anything ywt yes its the same thing i hace said over and iver which some laugh at but ive been proved right iver and over well this time the price is even lower than i thiught it would be which shows things are even worse than i thought.
Be intersting to here the excuses from everyone eagain when we get the results this turnaround statted nearly 5 years ago and there still stuck in 1st gear

Yep turnaround has failed can see a bit of uplift into results then will be shorting the **** our if this agin so many have there head in the sand pretending this will get anywher awgul awful comoany. Unfornateky some like knownothing have take peolme for a ride on with thos one for ages good to see people loke sms on the board who also say how it is.

Literally evething but taking owenership dog veing very apt as this really is one hell of a dog knownothing thought this would he well ober a quid hy now this will more than likeky be the new lloygs and find its stuck at a much lower sp tha is yse to be and it obviously isnt the size of lloys so not guarantee it cant fully collapse

This will see a rise end of feb into march ant ehn thats when the short is opened ready for the poor resukts the drop in share price and the finher pointed at covid at the NI rise at the staff at immigtants at john lewis pet dog.

Its not a huge surpirse its a dinosaur of a comoany not hutting the targets they say they will youll see a lift up into results and then anothet drop reults day where they have not completed what they said they would and will blame inglation coivid and the like. Were nearly frb 2022 and its not much above 30. Writing on the wall?

Hmm nice backtracking i had my account revoked i think because of bad languarge i admit i said cpi had a real cjance of going bust the plan wasnt working hence the reports you saw in the media. I appreciate you have gone on what cpi have said and maube i have been a bit to hard but they wont hit there targets ive said it before and I'l say it agajn. If there was fresh cash flow and divs as you have stated then yes the price woulf be nesr a quid but they wont hit thoss targets. I dont thibk you are aware how much bother they were in shop has been steadied somewhat but its still a dinosuar of a company that hopefully people trade it like you knownothing and even better open a short when this gets to 45p

Ill copy and past the omortant bit again:

If PE wanted a bargain, they maybe able get this for circa 80p IMO - that would be a shame for us LTH as I keep saying this will be 1.00 to 1.20 by end of year / early 2022

1 pound to 1.20 end of the year to raly 2022 and as you put you keep saying that your words buddy. So your a oriven liar now as well as a ramper

Knownothing you utter moron you do no people can read pld posts dont u?

RE: Times article Profits 65.2M16 Jun 2021 12:53
look at my posts from 18/19 March - I show the reconciliation there from the 116.5M PROFIT made from trading and then deduct the one off costs to close offices etc to reconcile to the retained 49M loss

I also show the whole workings of 2021 projected Profit of 200-225m

ANYONE that can read financial statements or who is involved in M&A activities at long as me understands the differnece

As I said back then - I cant help you anymore if you dont understand the difference - same as those thinking debt is higher than it is because of the adoption of IFRS accounting fro 2019

Look at post history from then and learn

Passwind bangs on about loss making legacy contracts as if they are material in value - they are worth maybe 20M EBIT and most will now have been turnaround by cost management and regegotiation

Some of the events businesses will again struggle this year so that is why I say 2021 Profit to be 200-225M now as 225M in March was assuming some further recovery there

Enough cash to service debt to end of 2022 (without further disposals) and free cash from trading (which was positive in 2020 and will increase in 2021 as profit translates to cash

If PE wanted a bargain, they maybe able get this for circa 80p IMO - that would be a shame for us LTH as I keep saying this will be 1.00 to 1.20 by end of year / early 2022

The amount of IIs here though that know that this will translate to 120 and increase in 2022 may not be supportive of a sale at that price

Anyway, thanks for warning us - do your job and get this sub 35p please I have 50k waiting to jump in for more

GLA

Fair value probably where it is it will statt to climb before results and then drop again on results day after that irt willj then just stay pretty much whwe it is the 1 poind tatgets people on her have said is crazy come back to me when capital do exactly as they say they are going to. Awful just an awful.company.

Knownothing a quid bu the end of the year? You said a quid by now if people were to check your old pists they wont make the profit you say they wont hit there targets and this will continue to struggle its a dinosaur of a company that is to big to fully save. Had a real chance of going undsr i think they are ok for now due to managing to get debt under control by selling parte of the business bit they have sold off parts that were very profitable. They will flaetter to deceive come reults days and this will drop yes they will stay in business for the short to medium term bu ling term thr model wont work. Hopefully people make there money trading this and get out i feel sorry to the people that bought in at 50p when some thought that was a buy signal. There has been some shocking ramping of this sp on here when its been priced to fail JL will stop that happening for now but long term they could well be in trouble again people on here dont realise how much trouble cpi were in calling in advisors as the initial plan failed. Ive said before John Liwis is a specialist and a bit city name but its just to big a job an absolute dinosaur of a comoany know -make your money trading and dont hold long term would he my suggestion money to be made short tern mmm fir sure.

**** market **** share an absolute dissaaster can anyone see the 20's coming?personally no from me but cant rule it iut as this is such a distressed comony a real high risk share

Yeah con ern tho small drops by them to be fair very interesting tines ar the moment still awful fsiling dinosaur of a company as we all know except for that fraud knownothing money fo be made short term but look foward to the excuses on results day when this plummets agsin awful failing company.

Possibly hollands. Even i disnt ecpect it to drop this low there have been some right ramoers on here like knownothing who cpuld have cost people a lot of money company is an absolute dinosaur and wont complete a full turanouanjnd. Market today is a sh*t one so this wilm rose at some point but will plummebt again when theg relseas there results abosoute priced to fail rhis one. Knownothing will owe people a lot of money said this was a safe share and over a quid by now imoortsnt lessen to be learnt here. Expensive one to

I have had a storke yes mot something that is dunny really is it?
I tried to say that thia is probably going ti rise leading into results but then agter capta release a poor uodate in march april this will call gain unforuntely its the way its been with this shars. Ill let wbetyone no ehen i have my shot open.

Its not like wve herd that one beofr. Walkinf done to dill orders? Possibly ut no way of nowing that i do think this will inceease i admit but hopaefully wberything slaes before the reuslts as this will drop again then

Knownothing no guarentee they wont go bankrupt your hedhing your best that they avtually do what they say they will. Earlier in the year they coild of gone under plenty of articlea saying they were having to call in advisors as tge plan was failing.
They have steadied the ship a bit i admit but srill haven't shown this will go anywhere. I dont see it as safe this could still gall flat on its face. I will deffintley not buy in here as it could well do riae no guanreet of it tho. It is gurenteed to be lower kn the next results day than the day before tho. So will have a shiort in place then

look at the chart wider market will grow as uk canny destroy the economy forwver and this could easily be mid 40s by enext resultss: capita will then flatter to decive and it will be down agajn to around theae current levels. I have constantly been right its the like a knownothing eho said a quid by xmas 21 £1.20 by marxh 2022 etc i have always said capita have not proved old contracts were sorted and new ones would ve profitable. December 21 i was right and I'll be right again march 22 unfortunately this isnt going anyway that tiens article also said the same thing

Wednesday have a look at the chart and what has happened prbiously.
Covid restrictions improve and this will rise with the footsie inflation wont help but there will be a rise cpi will them relsease there results and this will drop again. I wont be buying hsre but wjll short it atbthe right moment.

Indeed flipper blaming covid when jt wasnt an issue before losing futire revenue by selling buninnses for shocking prices all looking loke JL is failing here. Jl is a vity heavyweight but when a business has been run like capita its very difficult to then get right. This turnaround just isn't happening

Looking at the decmeber ipdate these arent going anywhere the fact they have inflation and other rising costs to factor in will further harm the balance sheet. The figures they have received for some of there sales have been atrocious and desperate this probably wont fall a great deal yet but it also wont climb much. revenue way below where it should be they wont make the profit thet should in the next results that mich is clear. If they do clinb and hit the mid forties agajn i will definitley short the f oit of these again as will more than likely have a short in place ready for there next set of results taking into account all the informarion I have they are going to miss whrre they should be. Knownothing you said £1.20 by March 2022 save this post the price will be around these levels when they next relese there results. Probably be about 45p dsy beofre results are realised and then drop 20% when revenue is flat again profit below expectation legacy contracts still proving problamatic and jl changing direction yet again