Deutsche Bank Interesting to see Deutsche Bank buying in at this level increasing their position over 5%I think its a buy here now based on Yield being over 6% and the previous update being fairly positive ill be buying tomorrow.
Re: More bad news It is oversold on the RSI but all non-Fib technical on CPI are completely hopeless. Even British Bulls is a sea of crosses on candle sticks!!! [link] is an odd stock.I bought in on fundamentals re-affirmed by Bill at the time and sold for profit but if there are going to be more profit warnings I retain that I need a 7% dividend before I buy back in as dividend cover may have to be looked at again.The market is down and I am suffering with my gains lost in my large caps such as AA, WPP so the recent drop could just be market specific... hard brexit or whatever.
Re: More bad news So its a buy then at 487 with a 535p target?looking very oversold on the RSI i am tempted here
More bad news More broke down grades, fines, low cash and slower recovery that may result in another profit warning:[link] case scenario of dividend cut will test lows. But then again this is an impossible stock to predict daily swings.
Re: Screaming buy this Yield up to 6% now at this price
Re: Screaming buy this Well done to Exane BNP Paribas who predicted 530p on 12/07/2017 but I do feel this is undervalued but also unloved (right so! IMHO). I am sure there is money to be had but I would want it the share price on a 7% divi before I buy in again.Latest forecastseel Hunt 662p.Numis 800pDeutsche Bank 580pBills view:"So in the short term, around 580p still looks enough for me: 5.5% divi yield, c.10x prospective EPS (if the company's assessment is correct), c.9x EV/EBITDA......So I also retain my 635p 'fair value' assessment, based on a 5.0% yield - on a dividend I still think safe, given the FCF profile, from both any further write-downs and the new CEO's possible kitchen-sinking (but you never know - a dividend is always a choice rather than an economic inevitability). But equally it's unlikely to grow much for a while as cover is rebuilt."
Re: Screaming buy this You sure shuggle? You said Strong Sell a few weeks back.A declining chart like that usually scares me rather than tempt me. I'd prefer to see some evidence of recovery before loading up.
Screaming buy this If ever a chart lined up for a buy this is itloaded up today
Broker downgrades More sells recommendations as the share price fell...* Shore Capital reiterated a sell rating 850p (1 Nov)* Zacks Investment Research went from a buy to a sell (30 Oct 2017)* Shore Capital SELLBut some more recent optimism... * Jefferies Group LLC restated a buy rating and set a GBX 750* Numis 800pI do no not currently hold any CPI shares.
Re: 515p No i wasn't looking at FIB just the previous level where it had a major rally from.Now you mention FIB i had a look at the points from the 431p low to the 721p high i get next support at the 76.4% at 499p but it does not appear to be finding any support or resistance at the respective levels.So i have no idea really but i just bought a few more today at 518pThe div at 5.5% is pretty good so happy to keep filling my boots.
Re: 515p Shuggie if you are using Fibonacci then 490-495p is likely short term right? We are pretty much there abouts.The only think putting me off re-entry into Capita is my moral compass. What a bunch of *****. So I am happy to wait until greed overtakes morals.
Re: 515p incorrect was in fact a low base pattern leading to my original calculation
Re: 515p i was correct about that 516p tag should have stuck to my gut feeling
Re: Why the drop pure technical trading in my view the last update was very positive for H2bounced off previous low of 516p today3 days later it hit 720p so anyone's guess
Why the drop Any ideas or news? ..free cash flow down?