Capita Share Discussion Threads

[aljm] 24/8/2020 09:54

this is hopelessly underpriced, how on earth can it have a CAP of £500 mill ?? software sell off is going to be around £600 mill, market cap is miles out...

[hodhasharon] 24/8/2020 09:44

No chance.

[pal44] 24/8/2020 09:41

could see my 15p in few weeks time I think

[dealy] 22/8/2020 16:43

all good in the long run. Did investors really think the company would get through 2020 without any impact from Covid? Years 2022 to 2030 of the business not negatively impacted at all which represents 80% of the valuation

[hodhasharon] 22/8/2020 14:37

Outsourcing firm Capita was the latest to offer some detail on its approach. The company revealed on an earnings call this week that it has already saved £4 million by shutting 168 of its 294 properties around the UK. The savings are enticing and can be sharply ramped up, CEO Jonathan Lewis admitted.

He told investors: “We have already decided to [permanently] close 25 of our properties around the country [particularly] reducing our central London footprint.

The decision will save Capita £20 million by 2022, he said.

[hodhasharon] 22/8/2020 14:29

Transport for London has extended Capita’s contracts for managing the congestion charge, low emission zone (LEZ), and ultra low emission zone (ULEZ). The contract, worth £355m, extends Capita’s work on the schemes from October 2021 to October 2026. It includes extra work associated with the expansion of the ULEZ up to the north and south circular roads from October 2021, and running the registration and monitoring service for the capital’s Direct Vision Standards (DVS) for heavy goods vehicles. Capita anticipates recruiting and training an additional 900 staff to deliver the expanded service. The majority will be encouraged to work from home.

[dealy] 21/8/2020 19:39

this was a rotten week unless you owned Apple and Tesla

[big_brown_bare] 21/8/2020 10:17

ESS is being sold significant and positive for the share price.H1 2020 Transcript:Jon Lewis:Sylvia, thanks very much for your questions. I'll let Patrick talk to you -- margins and contingent liabilities in a minute. But I want to be crystal clear in the going concern. The disposal of ESS addresses the Covenant head room issue; the material uncertainty issue.https://www.capita.com/sites/g/files/nginej146/files/2020-08/capita-half-year-2020-transcript.pdfCEO confident about the sale. Price will move sharply upwards from here on news.

[dealy] 21/8/2020 09:32

excellent services PMI data just released in the UK. No reason to expect armageddon

[dealy] 21/8/2020 08:59

The company didn't announce lay offs. It merely confirmed what every business is facing in 2020, namely the need for getting through the covid crisis in tact so that the company is positioned for the inevitable recovery. No need for the shares to be at an all time low

[hodhasharon] 21/8/2020 07:48

....or a better idea....let's get it in 2021/2022 when the recovery completes. Nice little investment at 150p-220p.

Shrewd...

[eisler] 21/8/2020 00:28

Challenging times ahead for CPI - already struggling, burning cash. One to avoid for the time being

[lunaloo] 20/8/2020 20:19

Shorts increased.

[lunaloo] 20/8/2020 19:36

Someone had an expensive lunchtime . Late reported Add up £900k buys.

[hodhasharon] 20/8/2020 15:38

not bad against the backdrop of a 500m Mkt Cap.

[dealy] 20/8/2020 15:37

it also has a software business on the block which could bring in 600m

[farrugia] 20/8/2020 14:56

market cap 503.48 M

'Net debt came in at nearly 1.1 billion pounds as at June 30,
slightly lower than last year. But the group said it expects it
to return towards December 2019 levels as first-half benefits
get reversed.'

[dealy] 20/8/2020 14:53

just low volume stop losses

[farrugia] 20/8/2020 14:50

up she goes NOT down 7%

[hodhasharon] 20/8/2020 14:36

You in NSF John...oh no, you're going to miss out owing to the filter :-)

[john09] 20/8/2020 13:08

Sorry Sharon you’re filtered love

[hodhasharon] 20/8/2020 13:07

John obviously thinks the world of investment revolves around his 20k portfolio, it doesn't.

CPI will hit 60p by the end of September 2020. You can have that one for free.

[john09] 20/8/2020 13:02

Sharon you’re on filter love I can’t actually read any of these lol

[hodhasharon] 20/8/2020 13:01

Blue finish.