Member Info for Wildcat_Driver

Yes, I know, I am a wimp! I re entered a week or two ago but the SP leading up to results is too worrying for me, have taken a small loss, but, I can always re enter after Wednesday results. I wish you all good luck.

I doubt if they will attract many sellers with that spread!

Agreed, I know a few pilots in Jet2 who are very disgruntled at the moment. The summer restrictions on leave now reach from May until end of September, the summer rosters are brutal. They pay is sub par compared to other airlines, part time not available. The company are struggling to employ more pilots as more Airbus get delivered. Instead of addressing concerns the business has offered a 45% increase in day off payments to try and cover summer shortfalls in pilots. This will not work as people are already over worked in the summer and fed up with the company’s policies. Any goodwill has gone down the pan. When Philip Meeson was in charge he always looked after the staff, the current CEO ha no idea.

Another cheeky top up for me @ 13.58.

This forum is worse than prime ministers question time! Can we have less of the ya boo and more discussion about the stock?

After some absence I have just bought back in @13.78

Hopefully (looking at my charts) this is support and should recover from here.

With the potential of a trade war. Introduction of the EU visa scheme , the shortage of qualified pilots, I think there are tougher times ahead.

Smart, again a good post, but, you did say back in April last year that you had sold out all of your shares, you were very very negative about the business and John, particularly the decision to let a low yield customer go despite myself and others pointing out the long term gains from this. You were recommending a strong sell and actively de ramping.

A good post smart, but as a long term investor of some five + years I feel you are being a little ingenuous. Just under a year ago you were slamming ITX and actively de ramping the business…such as …to discard their biggest customer due to low margins being a form of self destruction. I am glad you are on board, I am glad you have invested….however, those of us who have been long term investors for many years have come to understand that this is a long term investment. John is no fool, but also no people (or shareholder) pleaser. I have every confidence in the business and the leadership…..long term! I am expecting a positive update, but not a spectacular one, it’s not the boards style. Slowly slowly catch the monkey, long term this will be a big positive. But short term there are still bridges to build.

You get a really positive RNS yesterday, then just because some orange idiot gets himself a job people run away! Sure if tariffs increase then the costs will have to passed on. However, the profit margin is large enough to absorb some of the costs. This should and will be three times the current SP.

The trading update is positive. As I said at the time the removal of the low return customer to allow higher margin returns was a very good business move that is now beginning to show a return.

I am disappointed however in the market response. I would have expected a much larger increase in the SP. This is still way under valued.

Well….that didn’t take long!

Hopefully now leading up to December need this will continue to climb.

Enough please! Let’s see more discussion about Capita!

The amount of available shares is actually quite limited, that is why it moves so fast up when in demand, equally, when someone decides to offload it has a massive effect downwards.

The fundamentals are still strong, the business has a good cash reserve, it has good intellectual property.

I have a significant holding here and I am not budging! It will come good, patience is the key.

Oh..the data breach is rearing its head again!

I posted some time ago informing people on this forum that myself and my pension fund were victims of this breach. However, in the year or so since the breach not one of our affected individuals suffered any loss due to this data breach, Capita in fact did a good job in closing the door quickly and securing leaked data.

We as a group were approached by Barings (and other companies) to pursue a claim against Capita. Although Barings claimed no win no fee they were reticent to provide details of what would happen if the case was lost, in fact we could be liable for any costs and or damages awarded by the court to Capita. Barings could not provide any evidence of after the event insurance which could protect us from these costs.

It was decided as a group NOT to pursue any claim against Capita. None of our pensioners had actually suffered any loss and therefore we decided that this was the best course of action.

We were not the only pension scheme to reach this conclusion!

Also, it should be noted that the sabre rattling from Barings is likely to be a tool to drum up more business. As Capita will have had data breach insurance, the costs to them would have been the increased security of systems and associated costs of informing all “victims “ and providing Experian cover to those people. Any damages awarded would be covered by insurance.

So, this to me is a non starter, the costs of the breach have been contained and paid. It’s over!

I for one, having been invested heavily for some four years now am becoming frustrated with the lack of professionalism when it comes to these presentations.

The company has huge potential and has been relatively well run until now….however, it’s no longer a small business, it’s growing exponentially and now needs professional leadership and presentation to move forward. John and co are excellent scientists and small business leaders, times have changed where they now need to employ large business experts and executives to get over this (what seems) next big hurdle.

I understand that letting go of complete control of your “baby” is difficult, but now necessary.

Personally I am not concerned about the drop, I have been a holder here for some four years, another year or so is not going to bother me. The outlook is very bright and I have every confidence in both the products and the business. I took advantage of the cheap price to buy ret some more! GLA

The first hour of US trading (known as the mad hour) often bucks the trend…let’s see if it tanks after 15:30 BST, it’s a difficult call today, one I would definitely NOT like to be spread betting

Savage…as you said in a previous post, hard right and hard left are equally repugnant to most people, I agree.

Also hard ramping and hard de ramping is equally repugnant.

There are two factors at play here, the mixed results on Friday…but more importantly the global economic slowdown that is potentially hitting western economies. Japan stock market is down 22% in the past month, USA has unsustainable debts, people are moving their money out fast from stocks to cash as a potential crash is about to happen. Now..if you don’t need your tied up funds then you can just ride it out long term, but those that have been gambling money they cannot afford to lose in the markets will be very badly burned. This in not just Capita problem, it’s a global market problem. Capita however is now very low in debt..so is actually in a good place to ride this out. Also the advantage of a downturn means that ruthless cuts can be made with less of a backlash.

I think we are all in for a rough ride short term.