Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Capita is now becoming a recovery stock and being keenly watched by those with large pots of cash to invest…it will take some time, however Alfonso appears to have market confidence. Blips from USA inflation etc will only temporarily halt the continuation of the recovery.
Standard knee jerk reaction from the markets…will soon bounce back.
Looks like Aimaster jinxed it! Nice pull back happening for anyone wants to get aboard.
I thought this would be valuable information for all.
My pension scheme was one of the victims of the data breach last year. Capita stepped up and provided all of us with free Experian membership. None of our pensioners has actually suffered any loss by data potentially harvested by the leak, as a group we have therefore decided NOT to persue a claim relating to this breach.
I also know of another pension scheme that has reached the same decision. To be fair to Capita it looks like they did a good job of closing the door quickly and limiting any risks.
As others have said, revenue without profit is pointless and costly in the long run.
This now gives the business the capacity to quickly produce replacement profitable products with the released capacity. This makes solid business sense and I personally support John with the decision.
The short term fall in the SP is a knee jerk reaction, ultimately this will improve the profitability of the business and the SP accordingly.
Is this really the way to do business? To lose your biggest customer at this stage is not clever! Whilst others might be impressed I am not! There is always room to negotiate, to walk away from a very important customer is ludicrous!
Well that’s a big reaction to that RNS!
Nice buying opportunity, I have purchased some more today. Have been invested here for some three years, there is always a pullback before another significant rise, of which I am pretty confident.
CPI is hovering despite recent director buys, there is going to be a difficult time ahead whilst AH restructures the business. That said, new money will be coming into the market in the near future with the new tax year (isa etc). my money is there will be a lot of interest in CPI which will hopefully drive the SP up.
The past couple of years of the directors putting sticking plasters over the fundamental problems of the business was not actually facing the problem head on. AH is a man with a mission, he will make those difficult decisions and ultimately turn this business into a business…not a private civil service cash cow for fat middle management!
There is a lot of positives with CPI…now I think we have the right man to make a profitable and long term successful business.
AH is on a mission, he has a very good track record of turning businesses around.
Ironically he needs the business to look very bad to achieve the brutal culls that are needed. It’s all about internal politics, right now investors are not a priority.
Short term his name will be mud with both employees and investors, but when the trimming of the fat (particularly heavy middle management) the balance sheet will be transformed. I think (not confirmed just an opinion) that there are a fair few civil servant type middle managers that just not belong in the competitive business world. Once the brutal cull is completed then the business will flourish.
Capita is viable but needs major restructuring to go forward and be the highly profitable business that its turnover and position in the market warrants.
The SP may well fall even further, however long term (if the AH plan is successful) this will be a very solid investment. Right now investors are not his priority, long term investors will be grateful! Lots of pain before the gain to come. GLA.
It’s not about employees relations or shareholders relations, it’s about turning a business around. In this case you have to be ruthless, take a dire situation and make it look worse gives the CEO the ammunition to be drastic…. The fat middle managers are culled, excess fat is trimmed….voila! All of a sudden the business is now viable, the shareholders ultimately gain and remaining employees gain security….win win
I disagree, by being negative about the present and positive about the future providing severe cuts are made, AH has put a line in the sand with the unions and internal politics, actually thinking about it the severe drop in SP plays into his hand as well, in order to save the business he has to be ruthless, things are looking very bleak so it makes the rocky road a little smoother. A very smart tactic from an experienced and respected CEO. I have changed my thinking to hold….for the time being.
Have sold half my holding to limit exposure. Yes I took a bit of a hit, however, sometimes you just have to take it on the chin.
Aim, do you enjoy sticking the knife into people’s misery? I am down but thankfully other investments are doing well, some people here are really hurting! Have some compassion!
Not only is a takeover looking a possibility at these levels, under TUPE law pensions are not transferable to the new business! That would be a big incentive to a new owner.
Probably going to bail here, no sign of a bounce at all, next support 12.50, I would have though with the new CEO credentials and plan this would have found some interest, however, the market says no.
ashamed of themselves? they have had a nice fat cat’s salary and now moving on! they really couldn’t give a ****e imho.
Been able to sell now for hours! Cannot buy at all, possibly filling an order? If that’s the case another leg up possibly by the end of the days
Added @ 13.90, I agree with a previous poster, this should bounce now in theory based on technicals