@Wooster & @Simon
It's really heartening that well respected analysts / fund managers, when they take a closer look at Capita, unanimously agree that AH is upto the task of turning this company around and just needs a bit more time.
It gives me great hope, whilst I sit on my very large paper loss, that this will come good in the end! |
whilst the salary levels for the CEO and CFO are excessive given the company's market cap, for the CFO to invest his own money equal to 50% of salary is a huge vote of confidence. |
Fundie, Richard Penny, with a succinct analysis of the current situation at 21.45:
Vox Markets - 18/12/24 |
WOOSTER4 - Yes you’re correct. Pablo Andre, Capita’s CFO purchased 1.2m shares on 8th August making his total holding 1.85m. Not an insignificant holding by any means. Probably the person best placed to assess Capita’s financial position. |
Announced Traded Action Notifier Price Currency Amount Holding
07-Aug-24 05-Aug-24 Transfer From Adolfo Hernandez - - 2,509,709 3,159,709
06-Aug-24 05-Aug-24 Buy Tim Weller 16.24 GBX 1,062 820,675
05-Jul-24 04-Jul-24 Buy Tim Weller 14.07 GBX 1,228 819,613
13-May-24 10-May-24 Buy Tim Weller 14.18 GBX 1,217 818,385
05-Apr-24 04-Apr-24 Buy Tim Weller 12.91 GBX 1,336 817,168
21-Mar-24 20-Mar-24 Buy Nneka Abulokwe 13.25 GBX 74,324 74,324
18-Mar-24 15-Mar-24 Buy Adolfo Hernandez 14.07 GBX 325,000 650,000
15-Mar-24 15-Mar-24 Buy David S Lowden 13.65 GBX 250,000 500,000
07-Mar-24 04-Mar-24 Buy Tim Weller 20.40 GBX 846 815,832
06-Mar-24 06-Mar-24 Buy Adolfo Hernandez 16.21 GBX 325,000 325,000
07-Feb-24 05-Feb-24 Buy Tim Weller 19.72 GBX 875 814,986
08-Jan-24 05-Jan-24 Buy Tim Weller 22.45 GBX 767 813,236
08-Jan-24 05-Jan-24 Buy Jonathan (Jon) Lewis 22.45 GBX 770 3,249,051
06-Dec-23 04-Dec-23 Buy Tim Weller 20.64 GBX 838 812,469
06-Dec-23 04-Dec-23 Buy Jonathan (Jon) Lewis 20.64 GBX 835 3,246,741 |
buying is not a sign of performance, want to take a look at Schroders buys ? |
Dave the Divisions are really good at hiding reality from the Head Office. All contracts are in the bag, project work from existing clients will have huge margins, restructuring will create synergies ..... Do you really think they would have bought in with the knowledge they would lose clients and be cash flow negative at year end. Not a chance. |
One can talk the talk ...talking becoming reality is another...under the wider economic conditions... |
We have only seen talks from AH and his team. Reality is share price down from 22p to 14p since AH joined. This is his performance so far. |
Only in time will we know which opinion was right. However, I also take the view that the quality of this team will successfully transform Capita into a cash generation machine. That faith is also evidenced in their share purchases - the FD bought two lots of £50k’s worth of shares in May then topped it up in August buying £200k’s worth (1.2m). So in 12 weeks within the business he saw enough evidence to consider tripling the value of his shareholding. As they say, actions always speak louder than words. |
@Perer - a business is only as good as the people that run it .... And the people running Capita NOW are absolutely top drawer.
I understand why you would be unimpressed by the Capita of old ... but the old guard (led by Lewis) have been swept aside.... And we have some SERIOUSLY clever and successful people driving strategy and steering the business now.
If this class management team can't save Capita then no one can .... But I firmly believe they have the skills, expertise and experience to make capita a great, profitable, company again.
The people driving Capita now have SUCCESS written all over themselves! |
It's obvious your research is just on the people they are hiring, I'm just saying that for Capita past performance means squat. You have provided no content in how the business runs at all and what was put in place prior to and after Alfonzo joining. Counter my arguments, I hold so would love to be proven wrong, just don't just point to invisible research or your output on other stock as it is meaningless. |
Business Units are for sale, the proceeds will be used to pay for redundancies in other areas which are never provided for and debt will be temporarily reduced. Margins will be cut on the handful of remaining discretionary spend cash cows as the UK budget forces some serious belt tightening. That will be 2025. |
Then you will know that AWS, smart agent and all was rolled out in Germany 9 months ago to telecoms and insurance clients to much internal fanfare and generated nowhere near the expected revenue. Please give me your research rather than someone's cv. Telecoms clients are but a small and decreasing part of Capita's income. Bringing onboard a pile of telecoms specialists is no different from assembling the old successful team and is exactly what John Lewis did to abject failure. I suggest you have a look at the senior manager reviews on glassdoor over the last month, they are actually quite accurate, many from the tech teams they need to keep. |
I don't think so.If anything Labour is privatising businesses such as railways, etc, and nationising them again. |
Just reinforces how bolting on AWS isn't the panacea you all think. Slim margins for Tata means underwater for Capita with their bloated structure.https://aws.amazon.com/partners/tataconsultancyservices/ |
lol, if only Capita's shares dipped 3% on underwhelming performance. |
It was smoke and mirrors when they were lauded by Forbes as one of the most innovating companies globally in 2016. AI and edge computing bolted on is really no different when you are bidding to provide the same service you always have for what the client has to provide as the bare minimum and cost is their only criteria. The new divisional matrix is no more functional than the 3 rolled out in the preceding 4 years. New empires are created, just as hell bent on self preservation and keeping the status quo as the old ones. |
Been a nine-year downtrend, with only one up year in 2019, looks like it will close at a nine-yearly low on Tuesday:
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com |
Nope Tata will get the work as they are 95% offshore with a slim hierarchy and can price accordingly. Buy British doesn't cut it when most local government, NHS trusts, Universities, Utilities, basically the core client base is insolvent, they will pick the cheapest and accept service standards will slip a bit. |
Public sector contractors pass on national insurance increase to taxpayershttps://www.thetimes.com/article/9504e4ac-a6e3-4db8-980c-d78b79570354?shareToken=8fbdf6ccac949d97c9976b9b1d82f2e9Capita should be allowed to follow Mite |
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