Capita Share Discussion Threads

[60000 muppets] 15/3/2021 09:56

Ha ha great investment strategy. "Don't believe anything you read in the Times". The Warren Buffet of the UK

[rupertforrester1982] 15/3/2021 09:52

"profits down by at least two thirds to below £100 million" was interesting. Profits have been pencilled in for around 80 million if some reports are to be believed.
But not sure they will have gone down by 2 thirds.
Think it was the times that tore into the AA. Yes, the AA went for a shocking 35p but the times report said they were worth 5p.

[peteret] 15/3/2021 09:18

Dont believe anything you read in the times it just journalist trying to bring the price down so they can buy in.They did it with card factory got the price down to 60p it's now 70p and rising. Close your short now or get burnt.

[queenbreguet] 15/3/2021 05:48

From the 'Times" week ahead----Expect lots of exceptional items from Capita as the government contractor and corporate outsourcing services business remains deep in rescue restructuring territory and is jettisoning various parts of the business. On a comparable basis, analysts are expecting revenues down by 10 per cent at £3.2 billion and profits down by at least two thirds to below £100 million. Investors will be keen to see how its £1.3 billion debt pile is faring.

[albert3591] 14/3/2021 18:33

I will just have to keep hold then,maybe a top up will occur.thanks sr2day.

[aljm] 14/3/2021 18:26

and the level of debt is ??? want to enlighten us ??

[rupertforrester1982] 14/3/2021 18:23

3 years? Interesting.

[sr2day] 14/3/2021 15:30

it will take another three years before the share price goes to 80p.it may well go down to 35p or even 25p in the meantime.the level of debt is the problem.

[peteret] 14/3/2021 13:48

There has been quite a few contracts won and sales completed that have not been reported by Capita rns.Check out the chat on London south east website.Hopefully these should boost this stock.

[wageslave] 12/3/2021 16:06

I sincerely hope so!

[aljm] 12/3/2021 14:32

Could this be the momentum building for next week's results ?

[aljm] 12/3/2021 14:31

yup, they didnt sell many, they are happy to hold for results, and longer. very interesting next few days.....

[jotoha2] 12/3/2021 14:28

They probably sold some to supply demand , nearly 80% held by majors , the rest of us will have to fight over the balance , certainly 80p will be good , nice if it overshoots to 150p

Interesting week ahead for us .

[aljm] 12/3/2021 14:24

schroder sold some yesterday...

[albert3591] 12/3/2021 14:23

Think we know who.

[aljm] 12/3/2021 14:21

someones buying a lot of chunks

[aljm] 12/3/2021 13:54

without knowing the results, so in theory if the results are good then 80p might be the base ?

[hamhamham1] 12/3/2021 13:40

BARCLAYS CUTS CAPITA GROUP PRICE TARGET TO 80 (115) PENCE - 'OVERWEIGHT'

[jotoha2] 12/3/2021 08:08

Exactly albert , better to be below 50p on results day , we shall see , takeover talks also doing the rounds presently.

[albert3591] 11/3/2021 15:50

They can drop it a bit at a time knowing full well news will lift it,and they will lift it in one go.

[jotoha2] 11/3/2021 14:52

Results , 100p , that should stop all this small scale ups / downs .

[knowing] 11/3/2021 11:30

dealy don't agree for the reason that the website is updated on a regular basis.

[aljm] 11/3/2021 11:22

Barc is nearly back to pre CV 19 levels, the first of many, CPI will not be the exception.....

[dealy] 11/3/2021 11:21

booming global optimism and this in the doldrums. communication from company is atrocious