Capita Share Discussion Threads

[pyglet] 10/10/2019 18:51

It's got legs this one IMHO

[buywell3] 26/9/2019 07:29

Not good news methinks

[60000 muppets] 20/9/2019 11:53

Up 23% since Red Ninja's post lol

[cannonpaul] 22/8/2019 19:19

pal44, if you have nothing to add positive or negative don't waste everyone's time on here you clown.

[red ninja] 20/8/2019 21:39

Some of the institutions seem to be cutting their holdings allied with recent broker downgrades may hold cpi back in the short term.

[pal44] 18/8/2019 15:39

Yup soon be 35 p long way to go here.

[bertie bee2] 02/8/2019 13:36

Yes. Steadily hopefully.

[ttny2004] 02/8/2019 10:22

Would imagine upgraded broker notes will start appearing and assuming continued solid recovery against states plans this will steadily over next few years start to rise steadily.

[malc_p] 01/8/2019 12:27

20 up on the day? Someone's happy...

[red ninja] 01/8/2019 12:05

Reassuring news from Capita :-

hxxps://www.ii.co.uk/news/capita-retains-annual-guidance-amid-fall-in-interim-earnings-al1564651157897286900

[piedpiper2] 26/7/2019 15:53

Have joined you holders today, have been talking to an employee who has seen positive things happening. Fingers crossed....

[red ninja] 25/7/2019 22:06

Mmm you might get 35p if the old trot Jeremy gets in and engages in his plans to take down uk business.

[pal44] 25/7/2019 15:54

agree waiting for 35p here to pile in ..

[red ninja] 22/7/2019 18:05

Surely a standard announcement.
Things are looking better after 1 of 3 year plan

Still early days in turnaround though

[owlbaby] 22/7/2019 10:03

Was this press released forced on Capita by requirements of public procurement or implication of the Serco claim? The win was last year a few months after the CEO had started. The picture being painted was dark and "restructuring" measures launched. I wonder whether positive messages like this win have been downplayed, or held back where possible, in support of the mandate for change.

[red ninja] 19/7/2019 14:55

You don't win a £525 million contract from the MOD everyday.
Given the government related problem contracts in the past maybe the city is not convinced it's a good thing :-

"Capita signs GBP525m fire and rescue service contract with Ministry of Defence

Capita plc (Capita) today announces it has signed a contract worth GBP525m over
12 years to modernise and support improvement to the operational effectiveness
of the Ministry of Defence's fire and rescue service.

As previously announced, Capita was selected by the MOD as the winning tenderer
for the Defence Fire and Rescue Project in June 2018.

The contract involves operating 53 fire stations - in the UK, and on MOD sites
in Cyprus and the Falkland Islands.

Investment will be made in digital technology solutions, new fire engines and
other equipment to upgrade fire-fighting capabilities, designed to reduce the
risk to Defence personnel and assets.

Capita will also construct and manage a new, centralised training facility for
Defence firefighters at its Fire Service College in Gloucestershire.

Jon Lewis, chief executive officer of Capita, said: "Capita is a longstanding
partner and strategic supplier to the Ministry of Defence and has a record of
delivering technology-enabled transformation of complex services, while at the
same time providing value for money.

"This contract is a measure of the confidence and trust government has in
Capita's ability to deliver critical public services, and underlines our drive
to build on the strengths of our existing relationship with government."

[red ninja] 08/7/2019 20:05

Yes. Woodford appears to be selling out,but share price reasonably resilient

[bor491] 08/7/2019 15:23

I see Woodford still has some of this - he'll likely have to sell

What Happened to Neil Woodford? 😬 Fund Withdrawals Suspended!

[red ninja] 28/6/2019 05:14

From yesterdays RNS Woodford Investment Management Ltd have sold 5% of their holding. Presumably they will sell the rest (approx 5%) given their need to raise cash for disgruntled Woodford fund holders. Thus, the share price will remain subdued until they have disposed of their remaining stake.

[red ninja] 22/6/2019 12:46

“We took away several positive messages and the overall thrust of our overweight investment thesis remains intact: we see Capita as a compelling self-help story with the right management in place to execute a turnround. Yet Capita trades at circa 7 times 2020 earnings .R01;. . arguably pricing in execution failure and/ or structural decline.”
Barclays

[red ninja] 22/6/2019 12:46

● Barclays repeated an “overweight221; rating and 160p target on Capita, the UK services outsourcer, following a presentation from its chief financial officer Jon Lewis.

Mr Lewis said a return to organic growth “is a case of when, not if”, with three of Capita’s divisions set to return to organic growth this year, said Barclays. It also reported that Capita had made better than expected progress in repairing customer relationships, particularly with central government. Savings and margin targets were on track to be delivered, further disposals remained on the agenda and the bid pipeline was rebuilding across both the private and public sector following heavy investment in new sales capabilities, Barclays added.

[pal44] 19/6/2019 08:38

Robizm not short but watching from side lines . the trend is your friend !

[robizm] 18/6/2019 11:56

Pal44 are you short. I dont hold but your posting are not very informative or any use.