Capita Share Discussion Threads

[fenners66] 23/4/2018 13:02

Just taken a look at the accounts....

"underlying" ,"underlying","underlying","underlying","underlying","underlying","underlying"

Oh by the way (you can ignore this bit if you like - we do !) We lost £513m before tax........


Its only half a billion !

No one needs to be accountable just dress it up as none cash write offs and who cares - its only shareholders cash anyway..... now back to the Director's Restaurant ....

[only who?] 23/4/2018 12:53

Getting back to basics, a few years ago as a 'customer' of Capita I noticed that they always sent ten confusing letters when one simple letter would have been ample. Scale that up a few zillion times and you have the present situation.

[only who?] 23/4/2018 12:44

How big a punt, 60000m? Be careful out there, and may your cardboard box never go soggy.

[60000 muppets] 23/4/2018 12:37

Still got to buy the right though if you're short.

[ltcm1] 23/4/2018 12:33

The point is this company doesn't make any money and hasn't for years, hence the annual 'exceptionals'. NHS staff getting a pay rise will let the wages genie out of the bottle and Capita are highly exposed with their 57000 employees.

Without Woodford propping this one up because he can't afford to sell Capita would be down to a quid, everyone knows it.

[60000 muppets] 23/4/2018 12:07

Dont forget shorters, you will need to deliver 1.5 times your short position in rights shares when they are issued.

[60000 muppets] 23/4/2018 11:56

Well I for one am happy to take a big punt. Lets see where this is in 18 months

[frazboy] 23/4/2018 11:26

no, the market cap will be nowhere near £3bn - you're assuming that the current price will be the price ex-rights. that's not the case. i would estimate £1.20 to £1.30 - happy for others to chip in on that.

edit: could be very wrong on this, it could be that the market price will hold up...

[ltcm1] 23/4/2018 11:23

It's a bunch of mugs averaging down, that's what it is Paddy. I guess compared to their buy price of 4 and over an average of 1.14 does look a good deal!

[paddyfool] 23/4/2018 11:16

so after the equity raising the market cap would be somewhere in the region of £3 billion, no cash generated in the next year and a shrinking business, there is a madness in the air..

[60000 muppets] 23/4/2018 10:57

The market clearly likes this. Should be a very good take up imo.
Invest £18,000 today = 10,000 shares.
Rts Shs = £10,500 = 15,000 shares

Total shs = £25,000
Cost = £ £28,500
Average = £1.14

Thats a punt worth taking imo

[only who?] 23/4/2018 10:51

Are they the same suckers who shorted at £4 a couple of months ago?

[dealy] 23/4/2018 10:34

Suckers are the shorts expecting a risk free trade

[nigelpm] 23/4/2018 10:28

The 70p is irrelevant - if you are an existing shareholder and take up your rights in full the rights price is irrelevant.

[1retirement] 23/4/2018 10:22

When can those that picked up the 70p shares start offloading them into the market? Tidy profit at current price!

[ltcm1] 23/4/2018 10:11

No end of suckers out there it would seem.

[mj19] 23/4/2018 09:59

Just as we planned

[mj19] 23/4/2018 09:51

Holding 174 nicely

[brain smiley] 23/4/2018 09:09

EPS for 2018 is around 20p(including the new shares) A PE of 10 could see this back at £2.

[only who?] 23/4/2018 09:05

Yes, well done nigelpm. Will your crystal ball reveal the likely close? I'm reckoning on back to about 160p again.

[scemer] 23/4/2018 08:45

1r the big shareholders will be influential in the price as they want a big discount to help balance their pot

[dexdringle] 23/4/2018 08:35

Only Who? 23 Apr '18 - 07:40 - 2757 of 2761

Opening price??

nigelpm 23 Apr '18 - 07:46 - 2758 of 2761

180p at a guess

Top guessing nigelpm !!