Capita Share Discussion Threads

[captain kod] 03/9/2020 12:18

hxxps://www.asktraders.com/analysis/capita-share-price-surges-15-5-on-takeover-rumours/

[big_brown_bare] 03/9/2020 11:53

"One City investor said yesterday the office cuts 'looked like a defence plan' to ward off opportunistic buyers and convince Capita shareholders that the company is making changes."

[big_brown_bare] 03/9/2020 11:53

"The second suitor is understood to be interested in buying Capita's education software division, which the group put up for sale this summer"Capita is hoping that the sale of its education software division will help raise some cash. Analysts think the division alone could fetch up to £700million, already doubling the company's market value.Capita confirmed it had received 'strong expressions of interest' in the unit earlier this month, but CVC will likely want to take over the whole business and sell off the education division itself to ensure it gets the best price.

[pyglet] 03/9/2020 11:50

Response to press speculation. Not yet anyway

[pyglet] 03/9/2020 10:15

Back to 50 in short order

[dealy] 03/9/2020 08:38

net deb 1 billion at last results. sale of ESS brings that down to maybe 400m which is peanuts when you have 3.5 billion revenue

[marmar80] 03/9/2020 08:31

Advfn is shoqing debt at 3bn level, is this true? I can see only 1bn in the latest company results

[marmar80] 03/9/2020 08:29

At what price?

[big_brown_bare] 03/9/2020 08:27

https://www.sharecast.com/amp/news/news-and-announcements/capita-surges-as-cvc-said-to-be-considering-bid--7628590.html?__twitter_impression=true

[dealy] 03/9/2020 08:26

Goldman thought it was worth 240p in February. Business outlook is good

[aljm] 03/9/2020 08:19

just shows how broken this market is, Market Cap is @ £488 Mill atm , yet the Software side is valued at £700Mill ? so what is all of Capita worth ?

[dealy] 03/9/2020 08:08

hardly any reaction. unbelievable

[aljm] 03/9/2020 08:06

nice mark up , lets see where this goes, btw , anyone else getting this fekin ADVFN pop up at bottom of screen , driving me mad, cant stop it !!

[dealy] 03/9/2020 07:47

can't believe these shares were 29p yesterday despite roaring market for anything to do with tech / outsourcing

[big_brown_bare] 03/9/2020 07:37

Potential to have a similar reaction to what happened with The AA share price following private equity interest.

[big_brown_bare] 03/9/2020 07:26

The interest could spark a bidding war for one of Britain's biggest employers.Capita, which collects TV licence for the BBC and operates the charging system for London's congestion zone, employs around 45,000 staff in the UK alone.It is one of the largest Government contractors, but has struggled over the past few years with sliding profits.The company has been hit by a decline in work from local authorities, and a number of botched contracts that have cost it millions of pounds.Capita's shares have tumbled to just 29.3p, from a peak of 815p in 2015, and have slumped 82 per cent this year alone. The entire company is worth only £500million, and is just managing to hold on to its place in the FTSE 250 index of mid-sized companies.Capita is hoping that the sale of its education software division will help raise some cash. Analysts think the division alone could fetch up to £700million, already doubling the company's market value.Capita confirmed it had received 'strong expressions of interest' in the unit earlier this month, but CVC will likely want to take over the whole business and sell off the education division itself to ensure it gets the best price.Private equity ownership of Capita could spell drastic cuts, and even a break-up of the 36-year-old company.Private equity firms generally try to make money for their investors – often sovereign wealth funds, pension funds and very wealthy families – by pursuing ruthless cost-cutting at the firms they buy.

[big_brown_bare] 03/9/2020 07:25

https://www.thisismoney.co.uk/money/markets/article-8691425/Private-equity-giant-CVC-plots-bid-TV-licence-collector-Capita.htmlPrivate equity giant CVC plots bid for Capita after TV licence collector's share price falls more than 80% this year.The troubled FTSE 250 outsourcer – whose share price has fallen more than 80 per cent this year – is in CVC Capital Partners's cross hairs.But CVC, one of Europe's largest private equity businesses which has previously owned Formula One and Legoland operator Merlin Entertainments, could face competition from a rival predator.The second suitor is understood to be interested in buying Capita's education software division, which the group put up for sale this summer.

[dealy] 02/9/2020 18:28

Everyone has forgotten about this company. We need the sale of ESS fast

[big_brown_bare] 02/9/2020 17:50

Exclusive: Private equity giants mount first round bids for Capita ESS 01/09/2020Two private equity behemoths are expected to today table preliminary offers for London-listed Capita's Education Software Solutions (ESS) division as bankers collect first-round bids from a host of suitors, EducationInvestor Global can reveal.www.educationinvestor.co.uk

[aljm] 02/9/2020 11:06

another example of news means nothing to SP, how many times have we seen that ? great MM as always

[dealy] 02/9/2020 10:22

Goldman thought the shares were worth 240p in February. Some analysts now say 35p. Apart from a few charges and some revenue slippage the company is largely the same. So why would the equity be worth 90% less? makes no sense. it will rebound hard soon

[sr2day] 02/9/2020 09:03

patience required here.20p may be tested again.

[dealy] 02/9/2020 08:52

and the analysts are so negative on this, like the entire revenue base and backlk is worthless. meanwhile Zoom is worth 130 billion usd

[bearnecessities] 02/9/2020 08:46

Yep, shame. This is the one dog in my portfolio that just keeps on giving. Only thing keeping me in is any formal news about the ESS sale.

[dealy] 02/9/2020 08:43

even that story can't moove the price up today . incredible