Capita Share Discussion Threads

[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.

[jopper74] 30/11/2016 10:10

This is clearly being walked down now for the re-positioning.

[gwatson56] 30/11/2016 09:00

I believe that the FTSE100 is re-baselined at the end of today. Looks to me that the share price is being pushed down so CPI moves to the FTSE250. Should be a high volume day.

[patientcapital] 30/11/2016 08:50

PatientCapital - 10 Oct 2016 - 07:43 - 1581 of 1647 - 0I think one broker target of 530p, dismissed here, is looking quite achievable. This should be on a utility rating imo.

[essentialinvestor] 30/11/2016 08:47

Update must be due soon.

Just had a quick look on the investor relations site and still saying early December
but without a confirmed date announced.

[blueball] 30/11/2016 08:08

Here it comes here comes the drop to 400p.

[gwatson56] 23/11/2016 18:50

Update from the Co-op Bank (11/11)

Extract relevant to Capita.

Projects
§ The Bank's migration of the majority of its mainframe-based core banking systems has been rescheduled from mid-November to Q1 2017 to allow the remediation of the results of system testing. This delay will lead to additional programme costs. The migration of some non-customer facing systems remains on schedule to take place before end-2016. The Bank expects to have substantially completed the Enterprise Services Outsourcing (ESO) programme by end-Q1 2017.
§ The Bank continues to work with Capita to seek to agree a way forward for the transformation element of the mortgage outsourcing contract. The existing outsourcing of mortgage processing by Capita both for new and existing Bank customers continues to operate in a satisfactory manner.
§ There remains risk to the costs of the project portfolio in 2016. The Bank has further reprioritised the rest of the project portfolio and the focus will be on projects that are essential for regulatory reasons and on those which will provide greatest value to the Bank.