Capita Share Discussion Threads

[brain smiley] 18/11/2011 13:04

That's why Capita dived from 695 to 660 a few days ago - it was known this was coming.

[thamestrader] 18/11/2011 08:37

Well put, bbd.
I do have a small position (even smaller now), which, having stood up well during the early stages of the recent turmoil, has lost 100p/share in November.

[bigbigdave] 18/11/2011 08:02

This word 'reasonable' everywhere.
Sounds like a smoothed over profit warning.
No position of course.

[hyden] 29/7/2011 18:04

Very pleased with CPI given the state of the markets. Hopefully the start of a re-rating as Morgan Stanley suggests. :-)

[brain smiley] 29/7/2011 16:02

Capita was amongst the risers as Morgan Stanley upped its rating on the support services giant to "overweight" from "underweight" in a review of the outsourcing sector.

"Our cautious view had been predicated primarily on concerns over timing," said analysts. "We thought the market would be disappointed at the time it would take to see outsourcing activity pick up, particularly in the public sector. We now think this has played out. Throughout the last 12 months, listed players have reported that organic revenue growth has been weaker than they had expected, and the stocks have de-rated accordingly."

The broker believes there is now evidence of improving top-line growth and that this should feed into growing contract pipelines for the outsourcers over the next six to 12 months. Capita ticked up 1.4pc while its peer, Serco, slipped 3 to 541p as Morgan Stanley retained its "equal-weight" rating. Serco, which runs services such as the Docklands Light Railway, announced that it has signed a new prison management contract in Australia.

[hyden] 21/7/2011 21:21

Bought in this morning. Am hoping the market has mis-priced the news and we will see a steady increase in the share price from here. The increase in volume lends support to that view.

[essentialinvestor] 21/7/2011 11:05

Had to look twice when I saw the share price this morning,
the market read this incorrectly imv.

[smimon] 21/7/2011 10:58

Looks like it's recovering a bit now

[bob2011food] 21/7/2011 09:42

unbelievable, i saw this shooting up on those results. very good figures

[smimon] 21/7/2011 09:25

Your guess is as good as mine. Revenue up, profits up, share price falls, go figure.

[alter ego] 21/7/2011 09:14

decent looking interims and outlook so why the sharp sell off?

[philo124] 01/7/2011 12:18

Probably. This stock is in my SIPP so i don't pay much attention to it.

[essentialinvestor] 01/7/2011 12:15

PHIL, is there a Government report on outsourcing due shortly?,
from memory there is.

[philo124] 01/7/2011 12:13

Target price downgrade

[essentialinvestor] 01/7/2011 10:33

Margin compression?

[apad] 25/2/2011 07:54

Essential:
Good Question of yours - from today's FT:

Paul Pindar, chief executive, unveiled Capita's unexpected plans for a push into Europe as the outsourcing group lifted its dividend by almost a fifth on the back of a rise in pre-tax profits for the year to December 31, from £258m to £310m.
He said that Capita, which helps administer policies for several life and pension companies in the UK, was pitching for business from financial services companies in continental Europe. "The amount of money that's spent on back- office administration by the European insurance industry is £18bn and at the moment virtually none of that is outsourced."
Capita is also constructing a 500-person business centre in Kraków, Poland, which it hopes will be operational early next year.

[relwood] 24/2/2011 11:27

It is good to see.

[bigbigdave] 24/2/2011 09:46

Blimey, this old dog's one of the top risers!

[nellie1973] 11/1/2011 15:08

Broker upgrade today

[trickyboyfish] 10/12/2010 20:20

Essential Investor - No - there are offices in Mumbai too AFAIAA but mostly UK based.

[essentialinvestor] 10/12/2010 16:19

Does CPI operate only in the UK?,
it's been years since I looked at this in any detail.