Capita Share Discussion Threads

[tim 3] 21/2/2017 19:20

Broker Forecast - Numis issues a broker note on Capita Group (The) PLC

BFN

Numis today reaffirms its buy investment rating on Capita Group (The) PLC (LON:CPI) and set its price target at 685p.

Story provided by StockMarketWire.com

[tim 3] 21/2/2017 16:26

Biggest volume of this year too.

[bakunin] 21/2/2017 16:24

well, it resolved as I thought.
It's now back in a previous trading range between 530 and 620.
Investors who were waiting for ridiculous lows will now want in, pushing it up through that range.
Swing traders will also notice the massive bullish engulfing and see a long entry signal as well.
600 looks like a reasonable area to be in prior to the results announcement.

[racg] 21/2/2017 12:52

£6 2ND QUARTER INDUBITABLY

[racg] 21/2/2017 12:52

£6 2ND QUARTER INDUBITABLY

[tim 3] 21/2/2017 12:21

Buyers come in at/just under a fiver again,becoming solid support.

[bakunin] 21/2/2017 11:21

Up on a "bad-news" day = reversal of trend

[bakunin] 21/2/2017 11:13

US futures pointing to all speed ahead today.
A massive bullish engulfing is on the cards for CPI.
Investors who have been watching this for months waiting for the best bargain possible must be getting itchy fingers.

[bakunin] 21/2/2017 11:07

Alternative view on why they would announce something apparently negative and yet innocuous days before the results: aren't private equity groups rumoured to be sizing Capita up? A pristine clean slate of accounts is what they first want to see, isn't it?

[bakunin] 21/2/2017 08:56

Waiting game.
Traders are waiting to see which way it goes.
Investors are staring at it and reading the recent RNSs over and over.

[bakunin] 21/2/2017 08:35

Paddyfool
You may well be right.
But the market is one big psychological game.
A beaten-down company's share price will often begin to rise while the last remaining bad news trickles out.
With results due in a few days, this is obviously an attempt to get a base built in the share price.
Interesting to see how the psychology works out.
After all, it is still a company with £500m+ PBT and a market cap of £3.3bn.
And it is in a secular growth sector once it gets its house sorted out.

[paddyfool] 21/2/2017 08:29

LOL! No but I have seen this movie before!

[eisler] 21/2/2017 08:17

Paddy - do you own horses?

[paddyfool] 21/2/2017 07:28

Well the CEO may well be for the chop. Performance is poor and the old trick of inorganic growth cannot be applied. This set of accounting adjustments sounds and looks like an attempted exercise to demonstrate that the stables have been cleaned. My sense is that there is more to come. Whilst the existing management are in place they cannot clean the stables as they made the mess in them, and to clean them honestly would result in them getting the chop. So I think there is yet more bad news to come. If it does there will be changes at the top and this time the stable will be cleaned and the results will take a serious beating.

[technowiz] 21/2/2017 07:27

sub £5 today. but how low will MMs open the SP?? 486p me thinks.

[oakville] 21/2/2017 07:22

Smoke and daggers?

[pugugly] 21/2/2017 07:09

Playing tricks with th eaccounts again - I wonder what still has to be revealed ?

[paddyfool] 20/2/2017 08:57

Well the news on the Fire Service call systems isn't great.

[eisler] 19/2/2017 19:03

Hopefully can sustain the momentum this week to 530 and beyond...

[racg] 17/2/2017 12:18

Everyone loves to kick you when your down.

[tim 3] 16/2/2017 14:42

Penny share! Even though it pays a 32p dividend!

[racg] 16/2/2017 08:38

£6 by second quarter.

[sux_2bu] 15/2/2017 18:47

Why not, time will tell but it's going down nonetheless.