Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@Capitaliser re your analysis. Capitaliser are you attending the meeting on 21st March ? Perhaps you can raise questions about:
"102m against current liabilities and a further 48m in non-current liabilities. That's 150m of effective debt to customers - apparently ... read the notes on 'onerous contract provisions' ... because of rotten long term contracts imho. Up 20% from 125m last year. What will this grow to next year? How will they burn it down?"
Aim since that post (end of Jan-is that correct?) Capitaliser has been presented with the numbers. He is right to be concerned which is why Adolfo is about to carry out emergency surgery
@Hope-you are quite right. If you don't perform in the private sector you are out of a job. Problem with Capita is that it has been run as an extension of a public sector institution. That is changing. WFH can work if there is no real business need to be in an office or another workplace. Do you really need to be in a call centre to take a call for example?
@RR
Thanks for your input. Personally Im keeping my powder dry for that. Much will be dependant on the outcome of Adolfo's presentation imo. If that leads to a surge in price with a rights issue to finish the job and its plausible I would probably be buying in
@Lordy-seems to me that Capita would be perfect for WFH initiatives, lower property, regional locations and hotdesking
They could decimate their property costs but no doubt signed deals years ago which would make this harder...eventually though this should significantly streamlined