Capita Share Discussion Threads

[hodhasharon] 17/12/2020 06:15

@guru

No, I have a ‘never sell’ policy on the SIPP.

I have no doubt the smaller CPI will be trading above 100p come retirement time, but for now, with Brexit and Covid slowing things down, I think we’ll see a bit more downside from here (supported by technicals too).

[gurunostradamus] 16/12/2020 22:07

If these are going sub-24p then presumably you have sold these from you pension Hodhasharon!

[albert3591] 16/12/2020 18:46

needs to be lower than that before I would average down.

[hodhasharon] 16/12/2020 16:57

By the time you receive the first dumping signal, you've probably got three more already in the pipeline, owing to the delayed nature of such alerts. Forget the buyers/sellers ratios. That's all there to fool you. The only thing that matters is the volume. Lots of volume and the price drops......work it out for yourself.

I'll be back in sub-24p.

[aljm] 16/12/2020 16:38

Schroder sold 2.3 mill shares, not a lot really. certainly does not deserve a 4% drop, buys probably cleared them today already.

[rafflesintheuk01] 16/12/2020 15:57

I have not been on here very long trading, but I can honestly say I am witnessing my first evidence of a Tree shake!!! what with buyers in excess of sellers by a 2:1 ratio. and the price keeps going down. Any thoughts?

[dealy] 16/12/2020 15:25

overall news from capita and on the markets in general have been positive this week. The disposal plus the trade deal should are positives for capita

[qsmeily456] 16/12/2020 14:45

🌳🌲🎄🎋7796; dealy 🤣💦

[captain kod] 16/12/2020 12:53

Or it's commission free trading via phone apps such as Freetrader or Etoro? You just pay stamp duty

[rafflesintheuk01] 16/12/2020 12:16

Hi Everyone,
Does anybody watch the Trades board?
Can you please explain why there are so many low volume trades on this share?
For example I see many in the volume range of 1- 20 shares traded.
How would any investor make these trades with the commission costs and duty?

I guess my real question is, is this the way that the MM's manipulate the price in a required direction?

Happy for your thoughts!

[dealy] 16/12/2020 12:05

no need to raise equity. That's why they made this disposal. net debt post completion is about 600m. Revenue is about 3 billion run rate

[qsmeily456] 16/12/2020 11:37

Because of the debt and the need to raise cash....from shareholders probably 🎋

[dealy] 16/12/2020 11:01

I got that, but why is it performing so badly this week despite such a positive environment? I blame Panmure

[logicaltrader1] 16/12/2020 09:40

News is good
Bringing down debt , disposals and renewing contacts and new wins
Positive for 2021/22

[dealy] 16/12/2020 09:20

this has really lagged the market this week. volume very low as well

[professor_peaky] 15/12/2020 21:29

6pp xmas day?

[thefartingcommie] 15/12/2020 19:16

CAPITA Broker-Rating-Update Target Price to 70p (BUY) REC.
Target price changed from (80p) to 70pence with a Buy recommendation
by Stock brokers David Brockton, Numis Securities Ltd.

Click the link and Zoom to see the Cpi broker snapshot hxxps://ibb.co/VDwgjSg

[dealy] 15/12/2020 19:08

Panmure Gordon maintained a sell recommendation on it this week and that has probably spooked investors

[ceteri] 15/12/2020 18:17

Not really sure why sentiment has changed so much on ESS sale news? Everyone was looking forward to the sale, it happened, now everyone's down on it. What has changed?

[dealy] 15/12/2020 17:10

All of this started around 2003 when the private equity guys started pushing the Return on Equity mantra which by nature required more debt. It didn't consider how dangerous that approach is when profits fall

[nick rubens] 15/12/2020 14:55

Companies build up debt while huge director salaries are being paid and pension liabilities accrue.

Then when the debt mountain starts the alarm bells ringing because the company isn't making big enough profits to be able to pay them down, the business assets start getting sold off and if there aren't enough of them to get rid of without ending up with no businesses the shareholders are usually asked to pay the debt.(ie placing to strengthen balance sheet).

It's a cycle we've seen time and time again unfortunately.

[qsmeily456] 15/12/2020 13:29

🤣💦♥️

[dealy] 15/12/2020 12:54

If companies are now forbidden to hold any debt then short banks because they have no future