Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
SK if you look at the history of revisions they are usually downwards- but the government keep quiet about it-any increase in jobs is normally part time or government-just look at the breakdown-they are not highly productive jobs!
@Treners thank you and much appreciated. That's my general feeling about Capita but I have more shares here than Lowden and quite frankly I'm concerned I may have been sucked in by JL and the turnaround story. I will be losing a lot of money if this doesn't recover. I do wonder whether I have made an error in judgment here . I don't have further funds to drop into this currently
Im attending the AGM and will post some of the highlights on here for those unable to attend
sk ive read them. believe me (and as i said) its a **** show currently but with the cost savings, new ceo and a new international strategy here things could easily turn round. im not sure you are recognising that possibility
righto savage-bidenomics is a complete failure and the dmocrats are running the us into the ground
as for capita
1. are you privy to existing contract to determine each one's profitability?
2. are you privy to the current situation?
3. as only material contracts are rns'd , how do you know this?
i accept the **** show so far but you are making judgments based on very little tangible information for the current financial year which is now entering its fifth months. we have had a couple of big telecoms wins and there is a big cost cutting drive supposedly occurring. this could switcheroo really quickly. even a realistic prospect of a switcheroo will set this off
Savage Im not certain you are understanding Capita completely.
1. We have long term contracts
2. We are looking abroad to diversify
3. Companies and institutions prefer to outsource to someone they can trust as it costs them less and allows them to concentrate on their core businesses
I would also point out that growth figures are an average for each subsection .
Finally 1.7% is not booming. The US's debt is increasing by about 3 trillion a year. That debt has to get serviced
SK-I disagree -if there is no global crash then the UK will be fine. Even if there is one, generally everything recovers within a year to 18 months. Capita has little debt institutional debt to deal with and has long term contracts, some with options. Many of the clients they do business one are very solid institutions many backed by the government. If anything Capita is a strong recession play. Please can you elaborate, given my points, why you feel Capita will be going bust because Im seeing things in quite a different way and its useful to have the opposite view
Thank you for your input SK. Im getting to the point where Im praying for that kind of bid as nothing is moving the price and the powers that be at Capita are not doing anything to try to move it whether by updates, news on wins however small or anything else. Holding this is like holding a firework. Might be a roaring success /beautiful spectacle, might blow off half your body!