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Go CPI
All the goodwill has gone!
The homework needs to be marked on the numbers!
There are more changes in the pipeline!
There will be more changes in the team! (When the people are available)
By my timetable we are a year behind my schedule not sure how much we can pull back. The next 6 months from August is going to be a huge gear change!
I am heavily invested in Capita, If it was as bad as some of the comments here I would have pulled out long ago!
Go CPI
Just a general comment based on other inputs!
My view is very similar to yours.
Capita did not start earlier saving because of the hack!
Cost reductions takes time and planning, Capita are past the 50% milestone ( No idea on the exact location)
Adolfo prefers to deliver first and discuss afterwards Jon was the opposite to this. Jon was a bean counter Adolfo is the technology route master.
We are starting to see a stronger board with real talent!
This should have taken place last year! But better late than never!
Suggest you take a look at Xenia Walters!
She has a record for transformation!
Look at her background!
Adolfo is not working on his own!
There is a plan in place. Do be hopeful for good news by August perhaps even sooner!
Changes are afoot you just cannot see them yet!
Hi Kilaratam
No offence taken!
Unless Capita went on a hiring spree that number is incorrect! Looks like the website has not been updated.
Capita is a sound company with mostly good workers. You will always get the odd few but that is what it is.
Kularatnam
Staff numbers in Capita are below 40K
probably around 38k confirmed this with Helen before Christmas.
My job although a siloed team was a central function to the other team. I have been involved with most of the large wins. Plus a few that Capita decided to no bid!
Capita is getting better at bid review stage.
Capita did. spend a 7 figure sum on improving network Security just before they were hacked. They operate Ciso and Diso monitoring all changes. Much improved.
Silo management and a brutal Governance process run by Senior management. I had multiple conflicts in this area. Won as many as I lost ( Knowing the LAW and due process).
Don’t mention the Pension company I would sack all the management.
Not all management bad just a few select leaders
I do understand the changes that are taking place. I also understand What was! What is! and What will be!!
I have invested in Capita and hope to get a good return on that investment.
Do I know everything No!
I don't expect AH to know everything either!
I do know many companies and Governments depend upon Capita, so although it seems risky it’s not really!
I am surprised ar some of the smart people here! You know who you are!
There are also a few dimwits!
Such is life!
The main problem with Capita was process! Management insisted on manual process, this was enforced by brutal Governance. As a high level techie I spent 5 years fighting the system. Capita were tied to strict SLA’s with penalties. As someone who believes in automation I fought this every step of the way. Thats the reason than the CTO and his senior management team have to go. AH believes in Automation but he has to be careful in deployment so as not to break the SLA’s. Automation is more than AI.
Automation will save Capita a lot of money and add to Free Cash Flow.
Whilst it is sad to see real workers lose their Jobs not so for Senior Management that wrecked this company!
Almost right
Germany is forecast lower than UK common link is manufacturing. Hey Ho! but wait for 3 months for the next report!
UK is reducing its debt so we will see some improvement!
Like I said before its difficult trading in the markets at the moment! You will get wild swings in the market. Long term investing makes sense but DYOR.
Agree Go CPI
The changes are all planned as I have stated before this is a controlled release of info to the market so as not to shake the boat! Expect more updates between Now and August!
The management has been resistant to change hence the reduction in share price forcing their hand!
This will be the last chance to buy in at this price.
You snooze you loose!
However Do your own research!
UK was the main Zone for Capita business, however that is changing. That is why there is so much potential. Just look at the recent contact wins. Look at the Enterprise contract wins! Look and see how the business is changing!
Once the business overheads are reduced and the new management team onboarded things will accelerate towards profitability!
DYOR
US economy
Stock markets fall after sharp US growth slowdown
Commerce department says gross domestic product growth decelerated to 1.6% at start of year as consumers slowed spending
Yes US is doing really well said the blindman to his dog!
One thing for sure most markets are unstable at the mo!
If you invest it has to be for the long term as short term bets are very risky.
DYOR