The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
With only a brief high at just above 50p a share in nearly 2 years. How long do you give 'Management' to turn it around.
With all the sell offs would you not expect at least a slight up turn. Now that they are leaner and apparently stronger for it.
As has been said the city has no confidence, so if they have no confidence how can we.
couldnt agree more.
Capita in my opinion will never reach the share prices it had before.
Debt laden and badly managed.
The only way the price will go up is via a takeover. That will shake things up.
People talk about new contracts. Tosh, a drop in the bucket. Value of contracts has fallen year on year.
It needs to streamline
Anyway, that's my opinion
scrambler
bla bla bla More B* S*
people like you certainly put people of investing. Its your way or the highway is it.
As least I saw the righting on the wall and got out and not continuing to invest in a dead dog.
Good luck to you.
@mylordflasheart
maybe I am a disgruntled ex-employee but when I did leave I was really happy about it.
For me, the company was not a good fit. Even if they were underhanded about it. So time to move on.
Anyway, enough said, hope you and your fellow share holders have better fortunes with CPI
left 3 months ago
the company reported a loss of £63m while debt had ballooned to £791m.
My understanding is that the education arm, put up for sale, has not sold.
In recent weeks a private equity company might be interested. If that does happen then that would shake things up a bit.
having worked for them I believe the end is nigh.
Covid has not helped but speeded up the process of decline.
Previous comments indicate new contract wins but do they add up to the lost contracts. They dont.
the company is to fragmented trying to be best at everything.
The only way to stop the decline 'in my opinion' is to sell some divisions
Management, well that is a whole new discussion but changes need to be made not just at board level or senior management but office management too. Staff leaving and the company almost ignoring it when they say 'no money' to recruit or recruitment freeze.
Anyone investing in them. All I can say is good luck. They are certainly not for me. Even in the short term.
Please note these are personal comments.
I cant say I am a great fan of CPI, debt is too high, contracts are diminishing, no real profit, spread so thinly across many speciality areas and management ???, they are treading water which has been said by others on these pages.
One comment that maybe be true is that they have little competition and the Govt seem to like their diversity. (note: some contracts have not gone well with certain govt departments) but generally they are holding.
there is going to be some movement up in the share price, some say to a £1+, but I for one am not convinced enough that high, but only time will tell. but I'm not investing. Even as an employee !!!!
Extract from attached news item - 'Capita has taken further measures to cut the pay of its senior team during the Covid-19 emergency by withdrawing and reducing potential bonuses for 2020.'
This is not unique to CPI and I know is says 'potential', the question is ' why would a company who has made a loss for the last financial period, has increased debt, declining contracts and a share price that is down 80%+ even consider paying any sort of bonus. I understand share incentives for executives as part of their contracts but bonuses...………..for what ??
CPI might be doing some good work in the current environment but as an investment vehicle, IN MY OPINION, there is no long term future, I wouldn't invest in this company even if someone gave me some free cash.
Can't see them going down in the next year or two but with reducing contracts and increasing debt there has be a breaking point. I will concede there might be some short term gains if they are willing to take a risk, but where do you draw that line.
Good luck to those who have a different opinion and invest.
I wouldn't wait for 5p, I would get out now.
There is no long term future for this company. not now.
£60+million loss, debt rising, no way forward, £700million nearly all spent, on what I have no idea. Senior Management are like a rabbit in headlights, not going anywhere. No improvements that they can really sell.
'Kidding yourself' 'deluded' REALLY.!!!
You are entitled to your opinion Char333, but so is everyone else. Their choices are their own and don't need your unhelpful and disrespectful comments
With 25 years experience in investing my personal choice would be to buy. If I get it wrong, so be it, but my choice
Is Outsourcing in Decline, personally it has been for some time.
Interserve is a good example, I bought as high as 433p and kept averaging down ultimately to sell a big tranche at 238p and the remainder at 74p. they are now 6p.
Capita's share price in July 2015 was as high as 1329p but it has seen a steady decline since then, with the latest set of results not showing any real improvements, even after 2 years of restructuring and development. If your still losing clients and contracts there must be something wrong still. Their business model maybe? Competition in their area of expertise must be a worry too.
Long term I think it will continue that decline, but there may be some short term gains for the discerning investor. But not for me.
BSIF has been on my wish list for some time, so after some deliberation and a lot of research I will in the next few days (just waiting for it to hopefully drop a little further) be making my first purchase. Hopefully, the first of many.
I have had the like of BP for some time with RDSB along the way and even they are changing their approach investing in renewable energy. I think the comment are correct in the consumers will want more electricity in the UK and around the world so my investments are for the future. They pay a good dividends as well.
I already have about 2% of my portfolio on TRIG and will also be investing UKW taking the Renewable energy element upto about 15% of my portfolio over the coming months. Here to a brighter future for the planet