Capita Share Discussion Threads

[ceteri] 12/3/2020 15:35

I'm tempted to buy at 40p

[daffyjones] 12/3/2020 15:32

Oof. Who is still holding here?

[essentialinvestor] 12/3/2020 12:23

People may find this one hard to believe, but the following is the case...

there was a 20 year timeframe where the % return on Capita was in the top 10
of all LSE listed stocks for that duration.

That's not the top 10%, the top 10 out of over 2,000 plus shares plus as a % return by
capital growth.

[sandidan] 12/3/2020 08:22

Everyone is!

[blueball] 12/3/2020 08:17

In freefall this am.

[lastchance23] 11/3/2020 15:56

share response varies according to market sentiment, company sentiment, ownership (institutions, shorts, investors), type of news; some investors have lost patience and were hoping a dividend would be reintroduced with forecast 200m, which has been revised to 160m. The business case is similar, contracts secured, but restructuring delayed.

If a share doesn't rebound in first couple of days, then usually bottoms over first 3-5 days, the market is in distress, so sentiment is down, it may hold and bob along for a while, but once sentiment changes, I think this will gain. Fingers crossed few government contracts from this budget, will rally with more contracts.

[ltcm1] 11/3/2020 15:22

Been in freefall for five years now, how do you know this is the bottom???

Obviously it looks highly distressed.

[lastchance23] 11/3/2020 14:42

All is lost to sellers only...Good order book, first year of profitable organic revenue 2020. Chancellors budget revealed high spend on infrastructure, bet my bottom dollar new contracts announced within 3 months with government. Want to take that bet?

It has had a double hit from market decline, less investors full stop...

[blueball] 11/3/2020 14:01

All is lost here.

[lastchance23] 11/3/2020 11:43

>>Sandidan CEO and most of board but substantial amounts between 5th-9th of March

>>doerx2 - Carillion was construction, you can't compare...Capita is a diverse set of admin and support services, and for whatever reason government always like independent outside firms to manage to be impartial. The outsourcing industry is undergoing change, but it is still highly relevant, as you can't always plan for emergencies and change, like we currently face.

[sandidan] 11/3/2020 11:36

Directors didn't buy into them did they?

[sandidan] 11/3/2020 11:35

Really??!!

[doerx2] 11/3/2020 11:33

Carrillion

[lastchance23] 11/3/2020 11:29

The company's cash position has a lot to do with investments in restructuring, pension costs (not accounted for), and the overlay between contracts. I don't think they will do a rights issue, they are selling non core divisions to improve debt.

The company's debt is skewed, because their assets are the order book value, which due to freedom of information only management know; contracts and payments are recognised at different times; the directors buy's show positive sentiment to me; last year was a good year for future long term contracts with fire and rescue, disability, and NHS. Outsourcing is likely to increase as firms increasingly face pressure, I think the firm might end up surprising.

[sandidan] 11/3/2020 11:14

Garry Dryburgh (CTO) bought just over 100k worth at 0.65.If the company had no hopes left, then surely their money would be better in their pockets.

[sandidan] 11/3/2020 11:10

Surely the directors wouldn't have been buying if they felt the transformation wasn't working.

[salpara111] 11/3/2020 11:00

They are bleeding cash, there is a good chance they will have to have an emergency rights issue to shore up the balance sheet which will be ugly.

[sandidan] 11/3/2020 07:41

The Home Office has signed Capita to develop a solution to support the migration from the current Airwave system and the developing Emergency Services Network (ESN). It will allow emergency services to use both of the networks for critical communications, interfacing with Airwave while being compliant with ESN.The value and duration of the deal have not been disclosed. UKAuthority has asked when the solution will be deployed but so far without reply.Paul Eggleton, managing editor of Capita's Secure Solutions and Services, said: "This is a crucial development project that will form part of the migration process, we have worked closely with the Home Office and Emergency Services Network team and look forward to supporting our pilot clients in the next phase of the programme."ESN will provide a higher bandwidth to enable police, ambulance and fire and rescue services to make more use of data service, and is aimed at enhancing secure voice channels for operational purposes.

[lastchance23] 10/3/2020 16:25

Tomboyb - what is your position with this company? Do you have a conflict of interest?
The debt is skewed, against its order book value of several billion, the company is using several measures to manage its debt it has core debt extended to August 2022/2023, a large revolving credit facility, and is paying of the rest of the notes up to 2027; it hardly sounds like an imminent failure when last years order book value was 2.2bn. Lasts years growth was incremental based on contracts for the future, those contracts still exist. The sale of non core business units will further support debt, it just needs more positive news on the turnaround.

[tomboyb] 10/3/2020 16:01

anyway -

it may survive and my last post on this -

[tomboyb] 10/3/2020 15:56

lol -

Not desperate but the company looks on the corner of a shelf -

If it lost 500million that means that cash about now will be very tight -

[zen12] 10/3/2020 15:55

You sound desperate and on a deramping spree lol

[tomboyb] 10/3/2020 15:53

Decrease of 500million cash and loss making with 119mill in dec -

They don't have a problem????? -

[tomboyb] 10/3/2020 15:52

119.3 mill cash in Dec -

That looks scary and like a complete basket case of a stock -

Surely it needs a debt to equity resolution otherwise...

[tomboyb] 10/3/2020 15:50

The debt far exceeds all the assets CPI has -

Now look at the cashflow -