Serco was in crisis due to fraudulent behaviour when Soames took over so he had a mandate to make a lot of changes. It specialises as far as I know in boots on the ground which is quite an easy thing to buy. Unfortunately it did still take a very long time for its share price to go up.
Capita has stabilized its failings to some extent although it's still losing cash. It has come out of an extremely difficult period and a hack which we all hope have just temporarily reduced its share price.
Serco cannot really scale its business. The joy for Capita is that it can, and that it is the biggest business in the UK for potential deployment of AI and the massive cost savings that should bring, not just in the UK but around the world later.
The worry is that it will take a very long time for the market in the UK to catch up with the potential for the company. The UK stock market is not set up for technology businesses.
Let's hope we make enough this week to not be wound up by the gruesome twosome on this board. Looking forward to a celebratory drink on Friday and I hope many weeks in 24.
Knowing Capita they will think of something to upset me but right now what I don't yet know doesn't hurt.
Good luck all.
Blair’s regular advice is simple. “One of the first things I say to any prime minister or president is ‘do you have a plan?’ A country needs direction.”
A second common strand is that deploying technology is vital. “This is maybe the challenge for government today: how do you harness the technology revolution.”
Yeah, 0percent with the exception of NOSHARES they are literally the people who want to talk about shares and who have a lot to offer. Like me and plenty of other posters they have had enough of abusive dribble posted multiple times every day.
If all YOU do is say be polite while criticising other good posters I'll be blocking you myself.
So let's see what you have to contribute about shares. So far, your score of literally zero is not that impressive when you think about it, is it?
NOBROT I don't think I have ever said anything unnecessarily offensive about you, your investment skills, your parentage, your overposting, or your mental health.
You said you were leaving us alone. That's great. Please stick to your word rather than this board.
(You can get a similar buzz from playing with the hostel's sockets.)
I know absolutely zero about AI. I don't even know how to work Instagram or tiktok. What I do know is that they are saying that AI is transformative.
Who do we know who needs to cut costs on very large scale, complex, customer-facing, high value projects?
The UK government and global governments, obviously.
Who is the biggest provider of customer-facing IT services to the UK government, who is turning decisively towards AI, in partnership with the most credible business in the world in that area?
Are their shares expensive?
Also I would agree with the general opinion perhaps that sharehead has been overposting I do think he has made a very good point about growing effectiveness outsourcing companies who can deploy AI well.
It is arguable that a civil servant could do as good a job as a private sector employee answering phone calls and sending emails but I am not sure that they could be as effective in using AI, especially as a company with a strategic partnership with Microsoft one of the leading AI players in the world.
So moving business decisively from the civil service to AI empowered private sector businesses is likely to happen.
The negative of course is that the government will be looking to reduce prices.
Adolfo can now change gears as he deploys AI to remove cost and improve responsiveness in every area. Surely the business will be transformed, and it has huge long-term contracts to lever.
But what do I know?
Back in the old days when I was strong enough to read his hourly threats and musings around this share there was an element of deranged attention seeking narcissism which it sounds like he has grown out of.