Capita Share Discussion Threads

[salpara111] 08/12/2016 08:31

At some point this will be a buy for the sipp but it looks like there will be an opportunity to buy a bit lower so I will wait for now.

[essentialinvestor] 08/12/2016 08:26

Bought a very small amount, bet and forget size only.

Dividend should have been cut imv.

[essentialinvestor] 08/12/2016 08:19

So finally the update.

[minerve] 03/12/2016 23:19

2016 Pre close trading update
08 December 2016

[gwatson56] 03/12/2016 17:22

Just spotted an article in the Plymouth Herald (dated 30th Nov.... day of the big drop). It noted that the Co-op Capita agreement was being terminated (both sides claiming owed monies). This Is Money reported the same late yesterday. Expect that the promised RNS will shed light on the news... Perhaps this helped the drop on the day, and the RNS will be early next week.

[blueball] 02/12/2016 16:16

Well done Catchee.

[catcheemonkee] 02/12/2016 11:04

Well, hopefully now as I've just bought some ...

[blueball] 02/12/2016 09:07

Still a faller when will it ever end.

[gwatson56] 01/12/2016 10:22

Confirmed that Capita stays in the FTSE100.

[jfk69] 30/11/2016 21:39

If you can make one heap of all your winnings And risk it all on one turn of pitch-and-toss, And lose, and start again at your beginnings And never breathe a word about your loss;
...
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run, Yours is the Earth and everything that’s in it, And—which is more—you’;ll be a Man, my son!

[minerve] 30/11/2016 21:38

I don't think so.

[gwatson56] 30/11/2016 21:21

Extracts from Neil Woodford mid Oct Note .......

"We have met the management to delve more deeply into the issues that the company faces and are reassured that the company is already doing some of the things it needs to do in order to restore the business to a healthier growth trajectory,"

"Although the market is clearly worried about the sustainability of Capita's dividend and the prospect of a dilutive rights issue, we are confident that the dividend is safe and that an equity issue will not be required."

"We added slightly to the holding towards the end of the month at a very depressed share price level."

Have things changed so much in six weeks..?

[saltaire111] 30/11/2016 19:49

Surely this is now over sold?

Surely.

Salty

[playthebull] 30/11/2016 18:09

That would no longer be PE it would be Enterprise Value but I get your point.

[essentialinvestor] 30/11/2016 15:29

Add net debt on to market cap to get a clearer view of PE imv.

[dvb99] 30/11/2016 15:21

" This should be on a utility rating imo."

i think it is on a utility rating now - FWd PE is under 9

[minerve] 30/11/2016 13:49

Increased my holding. That is what makes me a contrarian investor.

[essentialinvestor] 30/11/2016 13:05

So one broker now sees material risks, you really could not make it up.

There have been material risks for months IMV,
a share price fall of approx 50% in a just a few weeks might indicate that!.

[leonidas] 30/11/2016 13:01

overdone I am in at 516.90 20k for a quick profit.

[minerve] 30/11/2016 12:26

The next update will kill this drift lower and it is imminent.

[blueball] 30/11/2016 12:15

£5.05 today by the looks of the chart.

[oakville] 30/11/2016 12:04

No way..£5.05 is the bottom as I called 5 weeks ago.

[blueball] 30/11/2016 11:51

£4.50 target would be about right.

[lonrho] 30/11/2016 11:50

yes just got a little shove down on back of HSBC by FT Alphaville, apparently HSBC target price £4.50. Most target prices are 50 to 100% above that figure.

[minerve] 30/11/2016 11:44

Lemming mentality in full flow with HSBC as the Pied Piper.