Member Info for volcano

looks like CPI is pile of horse ###### for now, i will be glad when i get rid of it .

like i have said this morning - i am not convinced here yet
CPI 40.93 -0.27 -0.66%

and makes up for my bad trade in CPI ,nice

yes i know mate ,i am trading MCRO as well

sold my yesterday trade this morning ,still not convinced here, and my average come down ,few more trades like that i would be happy.

looks like brockers have realised Man is worth more
CREDIT SUISSE RAISES MAN GROUP TO 'OUTPERFORM' (NEUTRAL) - TARGET 150 (130) PENCE

here we go'
EMG 138.98 +5.28

this is head line this afternoon -
LONDON MARKET CLOSE: Stocks Buoyed By US Stimulus And Brexit Hopes
CPI must missed that- the pile of ####

averaging 46p worst trade i ever made and i took my eye of it , i usually day trade but that day i was distracted an now i am paying for it .i will make my loses in another trade soon but it is frustrating.

eatstocks - there is alway two side of a story ,don,t take it to personal , i am a suffering share holder in CPI as well, but i wish i never bought in.

looks like a big tree shake at 20% ,lol

for me looks like large equity fundraising coming

everytime there is a very strong support till is broken , lol

Paul Scott at Stockopedia

Capita (LON:CPI)
43p - mkt cap £720m

This complex, low margin outsourcing group briefly dipped into small cap territory in October, but along with many other bombed out shares, bounced strongly in November on positive vaccine news, in what fund manager Keith Ashworth-Lord recently described as a “dash for trash”!

I want to follow up on it, because I covered Capita’s Q3 trading update here on 10 Nov 2020, and was quite shocked at how weak its balance sheet is - one of the worst I’ve seen, with NTAV negative at £(1.6)bn. Therefore a large equity fundraising will be needed at some point - hence shareholders are hostages to that being done on reasonable terms. If it’s bungled, and results in large dilution, then that could damage existing shareholders. Why take that risk?

There were going concern and bank covenant problems. So despite its size, I saw this share as very high risk.

A lot hinged on the pending disposal of its Education Software Solutions business. The good news (announced Mon 14 Dec 2020) is that an agreement has been signed with a credible buyer, Montagu Private Equity, to sell ESS for an enterprise value of up to £400m, with £298m payable on completion, expected in early 2021.

This certainly reduces risk at Capita, once it completes, which looks likely & imminent. However, Capita is far from out of the woods, because even with this cash injection, it will still have a painfully weak…

CPI 41.15 -1.85 -4.30%
looks like it is going to be better bargain tomorrow , wow

like i have said EMG is steady eddy , nice

i think AGM is next month

don't be so-sure eatstock ,anything is possible in the stock market ,if the share can double in a week it could halve in a week as well.

DeeJay would be even better bargain tomorrow ,lol