You are right Barnes4, capita 1 sale proceeds are gone without any explanation, that is the reason why City and investors don't seems to show Trust in AH. proof of miss trust is reflected in share price very clearly, down from 22p to 13p since AH started. All the time it was communicated that the money would be used for paying off the remaining debt but no mention of that in the last report how much of that money is used to pay off debt.
It seems AH is going to be as bad as JL if not more. Only talks and promises, nothing delivered until now. |
The money from the capita 1 sale had gone into a black hole never to be seen again |
So the proceeds unused thus far from capita one sale equated to the current share price so apparently no value in the 2.4bn revenue - therefore Jimmy piddle it's not really a punt is it ... |
All Jim or aljm or whichever alias your using on a particular day - What a Tw@t |
might take a punt if it enters high 12's not before. |
Happy to take some @13.5s for the recovery here, GLA |
Reverse head and shoulders served you very well I see 🤦a92;️🤦♀ᥧ9;🤦♀️㊃8;♀A039;🤦♀️ |
lol heat are you still in this pile of junk |
Wow lily savage from LSE with your boring trader (of 3 yrs 🤣😂) alias on here, how's your 20p a shot going? Such a spanner....get back to your taxi driving dippy |
Lets see how long AH takes to put this company into administration. So far he has already lost over 40% since he joined. From 22p to 13p, this is his performance until now. It seems market does not have trust in his abilities otherwise we should have maintained at least same level of share price what AH started with at 22P. |
"2Trenners
31 Dec '24 - 11:20 - 15741 of 15750
@Peter - why are you so negative here all the time?"
Well looking at the share price the Market is of the same opinion - maybe ask the same question of the market?
It would appear at this stage that there is something the bulls are missing. If peterr3 is trying to come up with that answer don't knock it.
It's pretty obvious most of these advfn boards are populated by people "interested" in each particular share , mostly because they are long. Thus simple statements like "these are going to triple this month" , carrying no research or reason are upticked by those hopefuls , whilst reasoned posts saying what's actually happening are ignored and motives questioned. Making money , has 2 parts and avoiding losses is one of those, so giving others info which may help them avoid losses is just as important. |
Sit tight....the swallows are regrouping to fly back to Capistrano! |
Trenners clearly Paul has a 'problem' with Adolfo hence why he refers to him as Alfonzo ...
Hasn't taken into account the extra £90m in cuts that'll be JL old wood 😲
The soft stuff as you call it is the sort of thing capita has to do for the gov depts they get extra boxes ticked on ITTs but of course Paul wouldn't know that ...at 20p a shot. |
Paul sure, sure, sure your invested... |
@Peter - Ha we do have common ground after all then LOL ... As I also totally agree that Capita had become too fat (especially around the middle management pen pushers drawing large salaries for little delivery) ...
And ... That is why I was pleased to hear that cost cutting was being extended to £250m as there has got to come a time when these middle managers are just no longer needed ...
I think Adolfo (not Alfonzo) said that he hope to achieve this additional savings through natural attrition (which implies minimal cost).
A leaner, meaner, fitter and profitable Capita is definitely the destination (probably at the expense of short term revenue) and removing layers of middle management pen pushers must be the ultimate goal ...
I have total faith that Adolfo will achieve this ... hopefully in 2025 |
Happy New Year to you too Trenners. I'm invested so I want success, but have not seen the changes necessary to achieve it yet or even projected. If not I would invest more. I think the company dedicates too much resource on feel good soft box ticking, which, although may be commendable introduces a level of built in overhead which makes it uncompetitive when providing basic services. Alfonzo is equally guilty of this. I also think anything technical with a decent margin attracts a disproportionate number of hangers on which don't just add very little, but actually get in the way of delivery. Whole levels of management can and should be removed otherwise lip service is paid to the Agile and AI enhancements driving growth. |
@Peter - you make some fair comments but at a 14p share price this must be an absolute bargain based on the £2.4bn turnover and the management team and the sales pipeline and the sum of the parts.
I guess I'd be more worried if we were sat at £1/share but 14p/share just doesn't make sense ...
There is being unloved ... Then there is Capita ... Which is not only unloved but, currently, unwanted (by the city).
I think we will see that change in 2025 and I'd be astounded to see the share price lower than this in a years time (Rodney).
Without ramping - I'd be disappointed if we are double or even triple this by 31/12/25.
Happy New Year! |
I agree the pensions business is where the value currently is and is propping up others, but margins outside pension project work are under pressure with some happy clients having to move to lower cost providers on tender. IT Brain drain is also an ongoing problem. |
Hi Trenners you have to give the ramping some balance which means calling out paid write-ups for what they are, showing how Capita is not alone with the tech they roll out and are bidding for jobs with, nor can a telecom focused tech hire no matter how good be expected to wave a magic wand with new value propositions across sectors they have no experience in at all. The call centre teams love the tech but it hasn't translated to revenue or any new bid wins. These have been lost solely on cost. And who are the VP level management in the structure? These are the ones making the bids and who have to deliver. You may think a new broom sweeps clean, but no, pretty much the whole bunch pre date Lewis. That is how well they can protect their turf. |
Keep buying that is my message for the new year!! |
@Peter - why are you so negative here all the time?
Lots of city analysts (like Richard Staverly from Rockwood) are all reporting the same sort of review as Edison.
This is definitely undervalued by any measure (the comment about the Capita Pension business probably being worth more than the entire company market cap was eyebrow raising). |
Edison is a paid for service, give the brief, make the payment and they say it. They have absolutely no credibility at all. I just assumed everyone knew this, it is common knowledge. |
@Wooster & @Simon
It's really heartening that well respected analysts / fund managers, when they take a closer look at Capita, unanimously agree that AH is upto the task of turning this company around and just needs a bit more time.
It gives me great hope, whilst I sit on my very large paper loss, that this will come good in the end! |
whilst the salary levels for the CEO and CFO are excessive given the company's market cap, for the CFO to invest his own money equal to 50% of salary is a huge vote of confidence. |
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