The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I suggest talking about the macro situation is pretty relevant to Capita-decisions taken by the next Labour government, it that is what it is to be, could affect things here. Any visionary CEO will see where the winds are blowing and look to diversify internationally and more into the private sector
I'd rather we had a £1.5 billion revenue company making £200m profit per year to be honest so if it comes to pass because we lost public sector work that wouldn't be the end of the world
I hope this guy is smart enough to see this and act accordingly
Rogue River I would retort that you didn't express the date of this either which I think would have been useful. Do you have any other examples of this occurring in the last 14 months ?We have long term contracts, a driven CEO with a proven track record, a new direction and I think you are going to see a strategic shift way from the public sector. I don't know an industry where there are not unhappy customers. It would be great to see some balance from you on the opportunities as well as the risks
No Fear , I must admit to being puzzled that you would sell whatever holding you had having spent apparently hours putting together various things. Your choice ofcourse
Obviously if you revert to de-ramping again , I will be putting you firmly on ignore for good. Not that you would mind a jot, Im sure. What gets my goat is those who talk a game one way , only to switch to precisely the opposite as if the former "talk" had never taken place.
I will make this promise. If I get the opportunity to make some money and get out of here I will mention it on this board, wish everyone luck and never de-ramp. Only time I would ever be on here is if I'm invested
Quite right Savage re the conversion OR smaller offices allowing homeworking/hotdesking etc. Capita will almost certainly have a dilaps liability there unless they can assign the lease (unlikely)
Back into the 13s I see which is disappointing. When are we going to get a break?
Quite right Savage re the conversion of smaller offices allowing homeworking/hotdesking etc. Capita will almost certainly have a dilaps liability there unless they can assign the lease (unlikely)
Back into the 13s I see which is disappointing. When are we going to get a break?
Https://www.irishnews.com/news/business/beacon-house-capitas-belfast-headquarters-on-the-market-for-46m-S7CALJZPCNEPFCQY2E6T4B6DWE/
Thought this might be of interest . Surely these types of leases will become a thing of the past. Fit out, dilapidations , rates as well as rents
Savage-Capita has long term contracts . Labour wont be breaking those without substantial penalty.The services have to be provided. Who's going to do it? Unqualified perhaps more highly paid public sector workers?
Personally I see Capita as a recessionary hedge and Labour will just borrow more, exacerbating things. They wont cut . If anything they will ramp it up.
However, I do think Capita would be wise to diversify from the UK public sector an I do hope this is part of the strategy
Not where Im sitting -property is holding up very well. If they cut interest rates, that will put wind in the sails of the property industry
If, I as I believe, there will be a very large debt/currency crisis at some point you are going to see terrible deflation probably wiping out Covid and war related inflation. At that point, banks will aggressively cut interest rates and the new cycle will begin.
@GoCPI-I think its relevant to talk about the macro on a CPI share board . I agree with your last paragraph but would argue that US hegemony is now being challenged and countries are seeking to ween themselves off the dollar precisely because it continues to lose value specifically against gold (See BRICS and what they are doing)