Member Info for Trenners

@Trisor - agreed - the sale times are a little out of sync so it probably wasn't him - but then it might have been - we will never really know .....

It's all smoke and mirrors on here - very hard to know who to trust / believe

@Trisor - there was a £52k sale at 14:32 - not saying it's the OldA .... but is was printed so it is plausible!

@heat - As an idiot you could win prizes! Perhaps you should enter competitions!

If you knew how to search companies house you would see my directorships at Belfrey, eSolutions and Sensata Limited (all IT companies) and later - after I had made my wealth from IT - mlettings Limited (my own IT led lettings agency) initially created to manage my personally owned Buy to Lets which went on to manage over 250 properties before being sold .

I've never held BTLs inside a Limited Company wrapper (so just more Ill informed hot air from you).

@heat - you can insult me - but it doesn't change the balanced view I have here and the balanced view I've always posted.

If you are happy to bury your head, in a messaniac way, in the sand like an Ostrich - then that's fine by me - but the fact remains there have been slip ups over the years which could have / should have been avoided.

Regarding my background - not that I need to explain to someone as ignorant as you - a quick search at company house will show I was a director at a number of different companies over the years .

Just because you are a true (albeit unhinged) believer - that doesn't mitigate some of the risks that remain here.

I don't know why you take my comments so personally - they are simply an OBJECTIVE commentary based on recent history.

I must admit the Oasis investment has been interesting not least because they are Hong Kong based and usually focus SOLELY on Asian companies - so it's definitely very unusual for them to have any size of stake in a UK company.

AH and his team are world class - we know that on their heritage and previous successes.

But what about the rest of the Capita employees - are they as sharp? Are they as focused? Do they have that drive and PRECISION EXECUTION that will actually DELIVER the end solution to the customer WITHOUT MISTAKE

Recent history suggests the management team are strong and the execution teams "less strong" with regular schoolboy errors causing strong headwinds.

If ... and it's an ENORMOUS IF ... Capita can execute their contracts flawlessly .... then all will be good here ....

If the "less capable" employees keep dropping the ball and expose the business to Pension Contracts that were totally bust (and this should have been spotted during due diligence and it wasn't) or leave the Pension portal exposed during maintenance (causing another data breach over Easter 2026) etc etc etc THEN this will fall back again!

Oasis are an active investor that breeds success but whether they are able to marshall some of the donkeys embedded in the business is another question altogether!!

@Jordi - I would guess the shorters are hoping for an Andy Burnham (left wing) Government, a continued problem with CSPS, an elongated war in Iran with the Strait remaining shut and a readjustment of worldwide stock markets (and FTSE) as a result of a combination of these factors ....

Although I'm bullish here - there is an awful lots of the above which could cause this to fall back through £3 before we see £4 again .... hence - as always - I continue to recommend caution!

Ha - whenever I recommend caution here I usually get shot down in flames by the "uncautious" or should I say "cavalier" investors / traders ...

But the drop on the FTSE on Friday does confirm that not all things are rosy at the moment!

@Savage - my advice - having been subjected to Savage (known as @cabbage) over on the CPI board for a couple of years - is ignore everything he says!

@cabbage only pops up when the news / SP is in negative territory and vanishes without a trace as the SP rallies.

I think for anyone with anything other than a very short term / trading view - an entry here at around £3.40 has got to be an amazing INVESTMENT.

OK - it might drop further - but then again results are this week and we could rally strongly (like Greggs did after their results last week).

One thing is for sure - if @cabbage is calling it lower - he should definitely be IGNORED

@Pete - I've got 100,000 shares here at the moment and I'd be delighted with £3.50 a share and thrilled if we achieved £4 and would be over the moon at £4.50.

I'd like to see a bidding war actually then we might see £5 😁 ....

I guess it would be nice to have a single bid first though (before we count our chickens) 😁

@MaxJH - thanks for your kind words and support.

This board is only for the messianic now - any comment that suggests the share price might fall or any correction of bad information from the true believers - means you are shot down in flames and, at worst, totally cancelled!

So much for a discussion board - no room for discussion here any more - you either blindly believe or you end up in a petty scrap!

I'm pulling back from commenting on here - there is no point trying to explain a realistic viewpoint on what the future may hold for Capita as UNLESS your message is that the share will rise to £9 in the coming days / weeks / months / years! ...

You are not welcome !

@YTee - no one's talking it down - well I'm definitely not talking it down - but trying to convince yourself that a £1m purchase has been made after hours it's just delusional!

A UT is simply a balancing exercise that happens every day - so by your definition - there is going to be big after hours transaction every day!

I don't disagree this is on the rise - but you really do need to be able to spot a buy v a daily UT (uncrossing) trade ... It's easy to spot as a BUY will have an A or and O next to it .... A UNCROSSING trade is shown with a UT

@adam - you really are a prize winning plonker - I haven't sold out - why on earth would I do that after holding these for 6 years?

It's not my fault that you haven't a clue what an UT trade is - and it's even more disappointing that even after I educate you (on what a UT trade is) - you turn on me!

I shall ignore everything you say in the future as you are obviously just a full time ramper who hasn't a clue how LSE works!

I know you want Capita to succeed (as do I) but turn

It's not a terminology thing - it's an UNCROSSING trade which allows the market makers to balance their books ...

So claiming it's an out of hours purchase and YTeeBack suggesting it's a buy at close to the highest point of the day is just WRONG WRONG WRONG ...

In fact it's a level of MISINFORMATION worthy of Aim or Savage

It's a balancing trade... One happens everyday at 16:35 ....nothing else!

@adam - there wasn't a £1m after hours purchase - that was the UT trade - Google it for an explanation!

@heat - we absolutely do not want to see Marshall Wace here as they are rarely wrong - and just them showing up often causes the SP to be hammered (well that's what happened when they showed up at Melrose anyway).

Glad we closed over £3 but I don't think we are out of the woods yet - but with AGM and June update not far away - I think we should be back in the mid £3s by the middle of the year (like we were last July)

@bubbles - thanks for your good wishes. I totally agree that CPI has the capacity and capability to absolutely explode but, right now, doesn't pay any dividends.

After first buying in 2020 whilst JL (the turn around king) was running the show - I waited for 6 years before throwing in the towel and switching my significant investment into L&G.

Had I not been so greedy - I could easily have sold out here at £4 or so - but in the end - as the SP plummeted - I bit the bullet and sold CPI "cheap" to buy L&G "cheap with a 8.8% dividend" - it worked out, at the time, that the dividend PLUS the most recent 15.67p L&G dividend meant I was achieving about £3.30 per CPI share.

I wasn't sleeping so well holding so much in CPI and I sleep much easier now I'm invested in L&G.

Its still not without risk here but I think we could easily get back to 50p old money (£7.50) if we can stop making mistakes and get a stroke of luck for a change!

@bubbles - 100% correct - I was holding almost 130,000 just before March results and - as Capita and L&G cratered on consecutive March days - I aggressively switched a lot of my CPI stock into L&G to enjoy the £21,670/annum income whilst L&G shares were depressed.

HOWEVER - that doesn't change any of the things I have been saying here - I'm still well invested in CPI and probably holding more shares than a lot of the people who post and criticise me here - and the information I posted was simply highlighting caution.

@heat - I'm not short and I started commenting on the CSPC costs BEFORE any surge in SP today - I was just concerned and remain concerned.

The bottom line is that Capita don't know the cost of fixing the CSPS because they are still fixing it. But they must fix it at ANY COST.

Someone suggested it was costing £1m a month so I simply multiplied that by 7 to get the £7m figure as a suggest loss figure - but no-one knows until it's fixed and all costs are added up!

Yes - The Cabinet Office funded the surge team of additional employees until end of March - but we've also been funding our own resources throughout this period and it seems we have earned zero income to cover all our costs as we have failed to hit milestones.

It may be that we negotiate payment on the CSPC even though we haven't hit milestones - but no one knows! YET!

There was a data breach (5th time I've written it now) and pension details were shared erroneously. I understand it's been referred to the commission. No idea whether it's serious or not - but it has been referred.

I was pointing out that we don't know the costs of all this and we shouldn't be blind to these facts ....

Anything I write is certainly not going to influence the SP one way or another and with £120,000 invested here - I am thrilled by today's rise ....

This is supposed to be a balanced discussion board - but it seems even if you say something sensible (that isn't well received by the blind faithful) you are toasted and accused of being short!

@heat - it WAS what I was saying - CSPC is going to cost us money in 2026 results - it's EXACTLY what I was saying - but no one was listening!

@Max - well said - that's what I was saying before I was shot down in flames!

@rolex - that's what I was trying to say - £1m a month in extra costs for sorting out CSPC would mean a £7m hit to the bottom line (assuming we get it all fixed by end of June - which is by no means certain).

Those saying CSPC implementation hasn't cost us any money are deluded!