Capita Share Discussion Threads

[dealy] 25/6/2021 08:03

so currently the huge news from this week has had no effect on the shares. absolutely incredible

[bookbroker] 24/6/2021 11:14

This should be a screaming takeover target soon enough, I say this purely on the basis of all the hard graft that has placed upon this company over the last two years. Off course it is all subjective, but a far cleaner balance sheet and improvement in working practices should benefit the company. Reading the titbit posted by Shore Capital about potential increases in IT staff salaries just enforces the likelihood that more consolidation is likely.

[jimbomorry] 24/6/2021 11:02

Am hoping inverse h&s forming with upside during July. Could be wrong but aimho.

[ceteri] 24/6/2021 10:37

Another disposal announced, another positive update, next to no effect on SP, this will be back down to 38p again by middle of next week if not sooner. When will Capitas time come? Frustrating for long term holders

[wiseman1967] 23/6/2021 14:49

Rupert - I agree. PE may well be able to buy it but not at the knockdown price they got the AA for. I rolled about half of my position into the PE deal on AA as I believe they got a bargain. I will know in three or four years whether I was right to do that.

[rupertforrester1982] 23/6/2021 13:51

Wiseman - if I remember correctly, you were one of the main posters re the AA? You and Amran? Think you expected a lot more than 35 pence? But, you're right re the AA's debt pile, Capita are in a stronger position. Wouldn't rule out PE getting their hands on Capita though, let's wait and see.

[wiseman1967] 23/6/2021 13:11

Rupert - let's hope not! The AA had 7.3x leverage and the debt was one notch above junk. Options were limited because of this. CPI balance sheet in better shape, especially after recent sale.

[feelthepain] 23/6/2021 12:55

If it does happen. My share dealing days are over. That will be the 3rd time I have see a company sold for way below its value with BOD getting a kickback/sweetner and the share holders receiving nothing like the value they should. It is legalised theft and the relevant bodies that scrutinise this don't bat an eyelid.

[rupertforrester1982] 23/6/2021 12:01

Indeed, the AA bod stitched shareholders massively. That said, did the AA have so many hedge funds invested in them. Cpi are around 75 per cent owned by big players, so you'd expect a low ball offer to be declined as some of them have a lot higher averages. That said, as has been pointed out here, a deal that suits a lowball PE takoever whilst the big playere are also looked after to maybe materialise. It does feel like small playere could be shafted here and this goes for 50p.

[feelthepain] 23/6/2021 11:45

Seen exactly the same with TalkTalk, price kept low deliberately. Higher offer was rejected as not enough. 2 weeks later lower offer from the same company accepted. Directors had an interest in new company formed. Small investors shafted. It was totally blatant but nothing could be done.

[aljm] 23/6/2021 11:30

Pre CV 19 , CPI was never under £1, so i cannot see why a bid of under £1 would ever be given the time of day now given that CPI is well on the path to be a better , well formed, even profitable Co. in the very near future.

[wskill] 23/6/2021 11:24

Would be surprised if the bots allow us past 50p they need to keep it around 40p to make their offer look attractive, Looking like a carbon copy of the AA takeover all they need to do here is get the board in their pocket and hey presto the jobs a good one. All conjecture but in my opinion that is what is happening with CPI.

[brightbud] 23/6/2021 11:11

Looking good however not getting excited until this passes 50p then the fun begins. Its been a painful 15 months for LTH with many lost opportunities elsewhere however once the tide does change then theres plenty of catchup to do. GLA

[friskymickey] 23/6/2021 10:58

More good news thing looking up :)

[aljm] 23/6/2021 09:48

Another Contract win ? not massive but worth £55 Mill..... 2021 Full Induction Programme cohort of the National Roll-Out of the Early Career Framework hTtps://bidstats.uk/tenders/2021/W25/753271154

[boadicea] 23/6/2021 09:31

Please, gentlemen (and ladies) remember that AT trades tell you nothing about buyers and sellers other than which party was on the book. They are just trades and prices can just as easily move up as down on your perception of 'sells'. Level 2 is a bit more informative in theory but bots cloud the issue. O trades are more transparent but often wrongly attributed when mm's buy or sell on the 'wrong' side of mid price.

[aljm] 22/6/2021 18:16

i am in no rush to sell, especially too cheap, in fact been buying here and there when price suits me, been liking the chatter regarding reinstating Divi's , though nothing from CPI yet, but i think it might come, that should put the price up to where i think it should be. under 70p i am definitely not interested, might take a year or two, if thats the case then so be it, Would love to know the free shares in CPI , it would not surprise me if there werent loads, some big holders in CPI, and CPI talking about rebuying them, this could go north very fast,

[pl dil] 22/6/2021 17:39

And who are the MM’s going to sell all these cheap shares they’ve bought if people keep selling because stop losses are broken ? They would then have a massive position in the opposite direction of the trend. Your also assuming all the MM’s are in it together rather than competing with each other. Unless your a short term trader just ignore them , can’t remember the last time I looked at individual trades going through on any stock , must have been years ago. Sit back , chill and if these break and hold the 50p level enjoy the ride.

[aljm] 22/6/2021 16:45

ADVFN licence a data feed from LSE, which their software translates, anyone can do it if you want to pay for a data feed, but it isnt cheap, so ADVFN's software can and does make mistakes, i agree with that, but it wont make enough mistakes to be inaccurate, it is a guide that the vast majority of trades are accurate, but not 100%. with MM's i agree again, though when they derived SETS, it was to remove the MM's influence, how has that gone ? i was trading when they bought in the SETS system and we said then it was open to 'influence' (yes i am old) i know all about for sellers there are buyers and all that , but IMO , it is in the interest of the MM's to push the price down if they can to get cheap stock, fast drops could potentially trigger stop losses etc, IMO the MM's arent here to make us happy , they are here to maximise their profits no matter what it takes.

[aljm] 22/6/2021 16:09

PL. i know ADVFN is not 100% accurate, but there is no way that they are that far out either,

[aljm] 22/6/2021 16:04

Data from LSE, though this is 15 mins delay, buys v sells nearly identical to advfn's they are wrong as well ? # Trades 1,712 Vol. Sold 2,377,051 Sold Value £940.84k Vol. Bought 4,251,641 Bought Value £2m

[pl dil] 22/6/2021 15:40

And people believing all the buys and sells are reported accurately on ADVFN are also deluded. It’s a best guess by a bloody computer.

[pl dil] 22/6/2021 15:39

Oh get real , if there’s more buyers than sellers then the price goes up simple as that. You can only manipulate the price in the very short term.

[jimuthy] 22/6/2021 15:35

Pl d1l - if you can't get your head round how MM's work and manipulate the market, then you're in the wrong game. L