Capita Share Discussion Threads

[penycae] 03/10/2016 13:58

That's what I thought, but it looks like the darkside prevails...... :0(

[carbon man] 03/10/2016 13:11

Seems a sensible entry point - Maybe some significance @ 666 ?

[tim 3] 03/10/2016 12:38

Yes Looks like some buyers coming in today.

[penycae] 03/10/2016 12:29

Bought some this morning at 666. Seemed the right thing to do.......

[tim 3] 03/10/2016 09:27

Interesting that Woodford had been adding here (and reducing pharma's and tobacco) before the warning.

hxxp://citywire.co.uk/money/woodford-and-barnett-take-200m-hit-on-capita-crash/a953620

[patientcapital] 30/9/2016 18:32

Sends a poor signal when just 2.42% of someone's base salary is invested in the business.

A reminder of what these people are paid by you who have seen your investment perform very poorly this year:

Directors’ remuneration report continued
In summary, our Executive Directors’ pay arrangements for 2016 will comprise the
following elements:
Element of pay Details Performance conditions
Base salary CEO £600,000
FD £410,000
Other Directors £360,000
n/a
Pension 5% of salary n/a
Benefits Private medical insurance,
company car allowance,
work travel and
accommodation
n/a
Annual bonus Maximum potential of
200% of salary, half paid
in cash and half deferred in
shares for three years
Underlying Group profit
before tax
LTIP Award of shares worth (at
grant) 300% of salary for
the CEO and 250% of salary
for other Directors
75% based on EPS, 25%
based on ROCE. Share price
underpin.
No changes are proposed to the incentive structure for Executive Directors for 2016.
The bonus targets and performance conditions for the LTIP awards to be made in 2016
have been set in line with the remuneration policy, the Board’s review of the business
plan for 2016 and the Group’s key strategic objectives.
Malus and Clawback
Malus and Clawback provisions apply to
all incentive awards granted to Executive
Directors since 2015. These provisions
would permit the Committee to recover
bonus awards for up to three years after
the determination of the annual bonus and
up to the fifth anniversary of the grant of
LTIP awards.
Shareholder views
Details of voting on remuneration
resolutions at the AGM in May 2015 are
set out on page 127. We were pleased to
receive strong shareholder support with a
positive vote for our remuneration report
at the AGM in 2015 of 97%.
I hope you will find this report to be
clear and helpful in understanding our
remuneration practices and that you will
be supportive of the resolution relating to
remuneration at the AGM. The Committee
seeks to respond to shareholders’
expectations of remuneration reporting
and welcomes any feedback.
John Cresswell
Chair, Remuneration Co

[its the oxman] 30/9/2016 16:22

Bit scary the token director purchase. Might of been wiser not to bother.

[bookbroker] 30/9/2016 15:58

Outsourcing will continue to drive corporate returns, a short term blip exacerbated by Brexit, however that should be immaterial, this is a global entity, with long term relationships, they need t adapt and evolve quicker themselves, but the price crash is in part due to delayed deals, rather than a fundamental change in procurement practices, a takeover target they will become the themselves if not!

[salpara111] 30/9/2016 13:03

The chart suggests a retest of the £6 support.
I would certainly take a bite at that level.

[thebullyboy] 30/9/2016 11:47

Got in at 659p, this could easily recover to 700p+ in the short term.

[tim 3] 30/9/2016 11:24

Seen situations like this before if there is a fundamental change in the longer term outlook then could be time to move on but to me it looks like an over reaction to a disappointing update.

Cant remember last time they yielded 5% in these markets a yield like that should get some interest (provided its not cut) once the negativity around the shares lifts.

Sitting tight.

[return_of_the_apeman] 30/9/2016 11:06

Broken downwards 3 year chart :-(

[sammarcwhite] 30/9/2016 10:25

Revised organic growth down...which will mean they will make further acquisitions to diversify and achieve growth for shareholders. With somewhere in the region of 500m of cash and a history or acquisitions...it's easy to see that Capita will diversify out of this exposure to expenditure delays, public sector and brexit issues with some careful, well placed acquisitions. They have a history of buying well, at medium-sized deals and often pay a realistic multiple.I see this dip as an overreaction and a good time to buy in my opinion.

[minerve] 30/9/2016 09:48

Obviously the DB and Brexit scaremongering is getting to the analyst.

[minerve] 30/9/2016 09:48

Personally I think that new price target by Panmure Gordon is ridiculous.

[ronhill1] 30/9/2016 09:39

The other broker view this am.

30 Sep 16 Capita Group (The) PLC Panmure Gordon Sell 672.25 900.00 530.00 Downgrades

[minerve] 30/9/2016 09:28

Personally I think this stock is one of the best available on the FTSE 100 at present.

Broker upgrade today:

Numis 30/09 Upgrades

From Hold to Buy
Target price 890.00p

[tsmith2] 30/9/2016 09:04

At £7 a pop?

[patientcapital] 30/9/2016 08:52

16000 shares. Token.

[tsmith2] 30/9/2016 08:49

Token?Add them up

[patientcapital] 30/9/2016 08:39

Token director purchases don't convince either. Further downside I suspect simply continuing the negative trend established over many months.

[edmondj] 30/9/2016 08:32

Dilemma that the balance sheet - whopping intangibles besides the debt, negative net tangible assets - is no source of comfort during a downturn, and may exact a higher dividend yield (via the stock price) to compensate for this risk. Such a factor being hard to quantify.

[minerve] 29/9/2016 16:15

Net debt isn't expected to change. June to December. Global economic issues play into Capita's hands - companies drive for margin and efficiency lead to outsourcing where there are economies of scale. I still expect growth and dividend growth. If world economy worsens then no company will be exempt from the downturn. Capita would still be a stock to hold. IMO.

[bookbroker] 29/9/2016 16:06

Some recovery likely, but the Brexit and global economic issues have only just started to bite here, dividend yield still only five per cent, hardly supportive, and debt issues could become a huge issue here!