Capita Share Discussion Threads

[bookbroker] 10/5/2018 09:56

As ex rights was 10.05 you’ll be ok, providing you subscribed to the new stock, seems you did not so ur screwed!

[bookbroker] 10/5/2018 09:53

Well Mick, if you bought ex rights you are screwed, if you bought prior then ur account will soon show the new shares and will be debited accordingly!

[micktravers] 10/5/2018 09:47

Help
Can someone explian. I bought 10000 CPI shares on 24th April and have had no details of the rights issue. My account is today showing a loss of 6K on this transaction whilst tesyerday I was in profit?

[only who?] 10/5/2018 09:05

The charts are always right! (Except when they're wrong)

[inthemix] 10/5/2018 09:01

Share is down 35%

[inthemix] 10/5/2018 09:00

Well done shorters, I missed it.

[micktravers] 10/5/2018 08:59

Help
Can someone explian. I bought 10000 CPI shares on 24th April and have had no details of the rights issue. My account is today showing a loss of 6K on this transaction whilst tesyerday I was in profit?

[oscar000] 10/5/2018 08:22

yes the RNS referred to the expected price when they announced the rights, i.e. closing price of shares on 20 April which was around 159.75 p
So 105.9x5= 529.5
Less 3x .70p =210, 529.5-210 = 319.5 for 2 shares = 319.5/2 = 159.75 pre rights price closing on 20th April
So anyone buying them then has gained a profit 122-105.9 = 16.1p post rights per share
If that makes sense

[oscar000] 10/5/2018 08:22

yes the RNS referred to the expected price when they announced the rights, i.e. closing price of shares on 20 April which was around 159.75 p
So 105.9x5= 529.5
Less 3x .70p =210, 529.5-210 = 319.5 for 2 shares = 319.5/2 = 159.75 pre rights price closing on 20th April
So anyone buying them then has gained a profit 122-105.9 = 16.1p post rights per share
If that makes sense

[technowiz] 10/5/2018 07:47

bang on oscar000 with your 122p. if share price is £2 post RI it should trade at 122p.

but reading the company's RNS they mention post RI share price of 105.9p!! so a good profit for some..

[fintechie80] 09/5/2018 21:06

Hmm, be interesting to see the price tomorrow. I was too late to act upon this, I'm now looking at either buying some discounted shares and hoping for a pay back in 2-3 years or not exercising the buy option to see my existing shares lose around 30%

[1retirement] 08/5/2018 19:50

Recovered well after that sharp drop this morning. Somebody sees something positive in this share

[oscar000] 08/5/2018 17:05

2 shares at say £2 , gives £4
3 shares at 70p gives £2.10
Total of 5 shares for £6.10
Thats £6.10/5 = £1.22 per share

[only who?] 08/5/2018 17:05

Interesting

[cryptotrade] 08/5/2018 16:18

When are they doing the dilution?

I have not looked at the circular, but what are they valuing the company at post dilution and shares in issue.

70p a share, with 3 shares is what, £1.80 a share.

[technowiz] 08/5/2018 11:50

anybody buying today will get diluted to hell is my understanding.
3 for 2 :at 70p is the RI?

[inthemix] 08/5/2018 10:25

Dammit I didn't go short!!! ":^(

[inthemix] 07/5/2018 23:35

Volume has sank, shorting might be the right call.

[1retirement] 07/5/2018 18:15

Is it likely all the shorts have covered their positions now the record date for the rights issue has passed?

[only who?] 04/5/2018 17:00

Fortune favours the something

[60000 muppets] 04/5/2018 12:34

Shorting on the record date for the rights issue.....Good luck with that !!

[only who?] 03/5/2018 18:34

So, all you chartists, who's in for a short at 200?!

[dexdringle] 02/5/2018 20:59

No.

You will be issued with rights that have a value (circa 50p each). You can simply sell those. Take that off your original buy price and you'll end up in roughly the same (loss) position. If you don't sell the rights, and you don't exercise them, they will be auto sold for you. Whatevr happens you do not take any sort of negative hit.