Capita Share Discussion Threads

[albert3591] 03/2/2021 10:48

Forget sp,s money.back to normal will do just fine for me.

[rupertforrester1982] 03/2/2021 10:48

Notknowing, are you stuck in the 90's?

[knowing] 03/2/2021 10:44

I raise you six months until we are back to normal

[albert3591] 03/2/2021 10:43

Not knowing....small profit better than a loss,no matter how big or small the loss may be.

[notknowing] 03/2/2021 10:42

I raise you hundreds of contact centre workers for which home provisioning is problematic, and a raft of service credits.

[albert3591] 03/2/2021 10:31

All still in the mixing pot,as long as lockdowns are still in force.

[knowing] 03/2/2021 10:30

I match you and raise you a contract win

[notknowing] 03/2/2021 10:29

I raise you Covid second wave, failed vaccines, and an imminent depression.

[jotoha2] 03/2/2021 10:24

CPI positives

£340 Million sale proceeds
Multiple major contracts won in last 8 weeks
Overhead reductions in place
Further cost savings being worked on

further trading update within a matter of weeks

They are still in play for a takeout , name your price

[albert3591] 03/2/2021 09:46

Maybe an enforced head down!

[jotoha2] 03/2/2021 09:39

Hod , long stx ouch , short cpi double ouch , no wonder he has his head down.

[albert3591] 03/2/2021 09:19

A bit soon not knowing.

[notknowing] 03/2/2021 08:55

That looks like the top. Sold for a small profit.

GLA

[jotoha2] 03/2/2021 08:37

Looks like Hod is now down £5/6k and growing rapidly , good call indeed.

[jotoha2] 03/2/2021 08:34

In your dreams.

[notknowing] 03/2/2021 08:32

I'm calling it now. This is the best selling opportunity we'll get for a few months.

Shoddy called 38p as the alternative count.

[jotoha2] 03/2/2021 08:31

Should now start to see news flow from Mr Lewis , a buyout would be brilliant now the finances are looking better , 160p would make the majority happy.

[dealy] 03/2/2021 08:15

The 400m of proceeds removes the need to pay interest and other charges on the highest costing debt. I would guess that to be a saving of about 30m per year. Plus it improves the overall financing picture possibly knocking 100bps interest off the remaining debt so another 6m. So 36m per year saved offsets the 30m or so of profit reduction. But flexibility has been improved

[jotoha2] 03/2/2021 08:13

They made £66 million last qtr ,on that basis £250million pa adjusted free profit will am sure help the cause.

[rupertforrester1982] 03/2/2021 08:08

Hugely profitable? Have you got the breakdown?

[jotoha2] 03/2/2021 08:06

How did you arrive at £1B debt , the share price is performing as it should be.

[notknowing] 03/2/2021 08:01

Not sure how the share price will react but we just lost a hugely profitable part of our operation, and we only cleared the debt to circa 1BN (assuming we pay the debt off).

There has to be a Primary Bid or D4E in the pipeline, which I would welcome rather than ears of further struggle.

[rupertforrester1982] 03/2/2021 07:59

Haven't changed my stance, just not convinced the sale will add many pennies to the price, it's been known about for a while, albeit appreciate wasn't rubber stamped until yesterday. Hope I'm wrong obviously. We hopefully will be between 40 - 50p by March. Should hopefully know the plan to get out of lockdown by then and I expect an update from Capita re finances.

[albert3591] 03/2/2021 06:13

Rf1982....changed your stance since early January when you said 40to 50p by March.

[rupertforrester1982] 02/2/2021 22:41

It won't imo. This sale has been known about for ages. Open at 36 something and close around the same I would have thought.