Capita Share Discussion Threads

[owlbaby] 27/7/2020 10:37

shorts at 3.68% on shortracker - upped earlier in July

[aljm] 27/7/2020 10:33

charts, predictions etc mean precisely nothing in this market, prices will ONLY go where the people that control the market want them to go, simple as that.

[owlbaby] 27/7/2020 10:32

it is frustrating, isn't it?

topped up at 37 as HE result due next week, management could put out a good +ve view without comment on OH/costs like last year. Hope we get back up or other news of actual monetary value.

[dealy] 27/7/2020 10:24

nothing ever "looks like" it will rise or fall in the future. it either will or it won't. That's why technical analysis is so flawed

[action] 27/7/2020 10:01

It looks like will reach 30p first b4 going to 50p to 60p. DYOR.

[dealy] 27/7/2020 08:54

all the small and mid caps as a group very weak on low volume over the last 2 weeks. very frustrating

[owlbaby] 24/7/2020 13:33

38p - looking through latest news offerings perhaps the newsletter is behind the weakness

hxxps://www.capita.com/news/latest-newsletter-from-capita

"We have had to take tough but prudent decisions to protect our financial position – and will continue to do so, if necessary. In the first half, we delivered cost savings of £45m and that has helped mitigate the financial impact of Covid-19. We expect significant further cost savings to be delivered in the second half of the year."

Same line as last year only then the cost of making the savings outweighed the saving & was accompanied by an unexplained hike of 150% in head office cost (more tough prudent decisions no doubt!)

No real £ figures to relay as news from the newsroom, just a feel good factor like:

hxxps://www.capita.com/news/capita-launches-retain-cloud-to-help-smes-optimise-workforces

How can they not have got the plot yet? Its about making money to pay dividends.

[captain kod] 22/7/2020 14:46

Actually this will be relatively unscathed when it comes to covid, revenue down only 5-10% I would say. Don't forgot a big part of the business is Government driven or vital services.

[sr2day] 22/7/2020 13:46

this will be another casualty of covid,revenue down,debt high.

[bearnecessities] 22/7/2020 11:32

Feel your pain. This share has become absolutely pathetic. Can't sustain any rise, or stay above 40p.Still holding, but it's one of my worst performing shares in my portfolio atm.

[pyglet] 22/7/2020 10:03

Up 2 but down 3. Like walking through treacle

[owlbaby] 21/7/2020 09:26

20p is more negative than the financials IMO, share price is in purgatory for non delivery etc, & hasn't earnt hell being clear of cash crisis, covenant failure & forced sales

Auto trading was 36% by number & by volume ystdy excluding end of day. Seemed to be a bit more positive that Friday when algos trading much more with each other.

[aljm] 21/7/2020 08:37

was pretty certain i was never going to get an answer btw

[dealy] 21/7/2020 08:34

he read the horoscope in the Sun this morning

[aljm] 21/7/2020 08:05

sr2day, tell us why ?

[sr2day] 21/7/2020 07:16

time will tell.

[dealy] 21/7/2020 07:09

no there isn't

[sr2day] 21/7/2020 05:41

good chance it will test 20p again in the coming weeks/months.

[aljm] 20/7/2020 20:04

thats an auction trade, they happen every day, something to do with MM clearing the books,not really a buy as such

[pyglet] 20/7/2020 19:01

910000 at 1635

[pyglet] 20/7/2020 16:46

I knew there was a big buy in the offing

[owlbaby] 17/7/2020 18:26

aljm - it was very up & down today,

I did a test btwn on the impact of algo trading by value btwn 14.44 & 14.58 bearing in mid what you have been saying about ATs

At that time the share price was pulling down at perhaps 38.85 to 38.00 & bouncing up to 38.85. its just a random section of trading today. 96% of trades by value were algo. It was a lucky sample showing them trading against other!

Here's a list of the whole day of trades by value. I put it on a graph to try to see when the kick in & what they are doing. it might have to be broken down into briefer time spans & compared with factors like you say the FTSE movement. A list of IIs might be handy to see what their algos do on other shares. It is right that a big investor would have their system linked onto their broker's trading platform, or use their facility for house keeping adjustments to their holding like these, isn't it?


Half % by
hours value
of day algos
8.1 73%
8.2 62%
9.1 76%
9.2 64%
10.1 72%
10.2 40%
11.1 66%
11.2 48%
12.1 75%
12.2 41%
13.1 54%
13.2 68%
14.1 63%
14.2 79%
15.1 80%
16.1 0%
16.2 0%

[owlbaby] 17/7/2020 13:43

Agree, value being generated is too burdened by cost. It may not be cheap if cost isn't better controlled.