Capita Share Discussion Threads

[hodhasharon] 15/2/2021 07:52

If that's your strategy for maintaining situational awareness I pity your portfolio.

[valuetracker] 14/2/2021 22:20

What happened to Albert? Last time I looked in here a few days ago he was short CPI.

[valuetracker] 14/2/2021 22:19

Join the dots from Shoddy's story you muppet.

[cojones] 14/2/2021 21:57

Did anyeone mention this is going to 62.50p?

[valuetracker] 14/2/2021 21:38

What's it worth now Shoddy?https://slator.com/ma-and-funding/capita-pauses-sale-of-translation-and-interpreting-unit-during-pandemic/

[hodhasharon] 14/2/2021 21:26

Is this the catalyst? That’s a lot of retrials!

Something is going to take this down, the charts are always right, but they need a catalyst.

“The MoJ relied upon Capita’s processes to ensure interpreters were suitably vetted and qualified. “

[cojones] 14/2/2021 21:22

Best keep it in your SIPP then hod lol

[hodhasharon] 14/2/2021 21:16

Broken clocks seem to be right more often than me recently, but I’ve spent a couple of hours on the CPI chart today, and this is what I’ve concluded.

Results:

We’ll drop shortly, probably this week.

The lows will be hit around the 4th March. Target price is 12p.

This even shocks me, but that’s what the chart says.

[hodhasharon] 14/2/2021 19:59

Thanks for the responses fellas. I’ll keep these in my SIPP.

Have a nice evening.

[rupertforrester1982] 14/2/2021 19:36

Lazy Hod, very lazy. Capita are a completely different business to what Carillion were.

Capita are not in PFI contracts and have nothing like the risk profile.

[sami69] 14/2/2021 19:20

If you are implying Capita is going bust then someone need to tell Schroders to stop buying..

[albert3591] 14/2/2021 19:20

Shoddys trying hard this evening.we will miss him in the morning at 11.00 when it 40.6p

[dealy] 14/2/2021 19:12

Capita net debt after the sales of ESS is about 600m

[hodhasharon] 14/2/2021 18:26

Carillion was working on 420 public sector contracts when it went bust
The firm’s public sector revenue in 2016 totalled £1.72bn
Carillion underbid to make a £15m annual loss on a prisons contract
The firm requested a £223m government bailout days before it went bust

[hodhasharon] 14/2/2021 18:21

“What caused the collapse of Carillion?
It collapsed in early January under the weight of a £1.5bn debt pile after the government refused to bail out the company. ”

CPI 1.4 BN debt.

[hodhasharon] 14/2/2021 18:19

I know that CPI will not walk away from that suicide case unscathed. Could cost them many millions. I also know that selling off all profitable elements of the business to pay off debt, or provide working capital, is not the road to riches.

I suspect private investors will be left holding the grotty remains.

[albert3591] 14/2/2021 17:50

Not miserable yet,and you know nothing.

[hodhasharon] 14/2/2021 16:49

You’ll finally be put out of your CPI misery?

[albert3591] 14/2/2021 12:24

Why am I looking forward to tomorrow?

[jotoha2] 13/2/2021 14:04

When our politicians decided to ignore the early signs of covid and now we have had the third highest deaths in the world , am sure some here will try to blame CPI , it's tough being a contractor supplying a service to the public. CPI is going in the right direction .

[feelthepain] 13/2/2021 11:45

Incredibly biased article. Keeps using the word 'admits' when it was a statement as opposed to an admission of anything.

[notknowing] 13/2/2021 11:31

Very unfortunate for Philippa, her son, and other family I would suggest.