Capita Share Discussion Threads

[dipa11] 15/2/2023 18:38

hTtps://m.marketscreener.com/quote/stock/CAPITA-PLC-4007375/news/UK-Competition-Watchdog-Accepts-Final-Undertakings-in-Capita-NEC-Deal-42971147/

[aleman] 15/2/2023 15:59

2 weeks/10 trading days left before results. I'm guessing traders will go long on T10s but markets always like to confound so who knows?

[heatseek77] 15/2/2023 11:26

Aljm cheers for sharing 👍🏻

[aljm] 15/2/2023 10:57

New Contract announced, pity no RNS for it.



£18 Mill for 17 month contract.

[heatseek77] 13/2/2023 21:20

Disappointing close

[heatseek77] 10/2/2023 10:13

Bumping that 30p again, agree Boadicea do think what we know at present is baked in, so 🤞 announce further sales, a new contract etc will push us up on the 2nd 👍🏻

[eodfire] 10/2/2023 09:25

Does depend when you bought in... if it was 4 years ago you probably wouldn't agree that the share price was motoring on. Luckily I bought in during the low 20's. Good luck all holders.

[simmsc] 09/2/2023 23:55

Lovely how CPI is just motoring on. Looking forward to 50p ... be a bit of zig zagging around ... but we'll get there.

[boadicea] 09/2/2023 23:32

I am sure there will be keen buyers if this truly appears to have turned the corner and they will prefer not to push the price up too early in the processs. We can therefore expect some psychological warfare as they try to persuade potential sellers that the share price is in no hurry to rise by knocking any attempted breakout on the head (i.e. stop buying and perhaps sell a few back) after any rise giving the impression of a glass ceiling. However, if they really want the shares it is only a matter of time before holders realise that there is a net demand for shares so time is on their side and they can dig in for a better offer.
Currently the glass ceiling is likely to be 30p, possibly rising in steps of a few pence over time.
The results, unless they come with some surprise news (restored dividend?), should be pretty much discounted already. Encouraging an unjustified anticipatory rise just before them allows for an easy knock down afterwards!

[my retirement fund] 09/2/2023 18:15

There's certainly a fairly keen buyer there snapping up everything that is coming onto the offer side of the order book. They are doing their uttermost not to push the price up to high, but it does look like no ones that keen to sell.

[heatseek77] 09/2/2023 16:22

Yep just got an alert 30.01, looks like hit 30.06 thus far, hopefully can get close plus 30, this takes us back to recent highs of end July last year when we crossed 30p six times then fell away.

[aleman] 09/2/2023 16:04

Having a go at 30p now. 14 trading days left to results.

Risen on low volume again. There is little selling at this price, except when the market sells off for whatever reason.

[heatseek77] 08/2/2023 14:55

Ale 1.2m buys v 2.2m sells show on trading view and IG ?? You looking somewhere else?

[aleman] 08/2/2023 12:31

Volume in the last hour is less than 200k. There is no significant selling volume at this price, absent a more general market upset.

[pinemartin9] 08/2/2023 12:11

Recent volume pretty modest - up on low volume. Generally a pretty good sign - wonder what will happen when some big buys emerge! Doesn't seem too appetite for sellers at this price to me. Those with L2 would be able to comment.

[heatseek77] 08/2/2023 11:07

Ale 'modest selling' sales are *2 buys today on IG 🤷

[ianb5004] 08/2/2023 11:06

With results due in less than 30 days. Directors will now be in a closed period. If they did want to buy it will be after the Result.

[heatseek77] 08/2/2023 10:30

Rather than the scheme..

[heatseek77] 08/2/2023 10:29

Be nice to see Lewis et al put hands in pockets and buy some more shares 🤞

[heatseek77] 08/2/2023 10:27

Ale not sure re the 29.8p as I stated weeks ago need to crack 30p hopefully today but above all else need sales to come through

[aleman] 08/2/2023 09:59

OK. So we have found some modest selling volume kick in at 29.8p. It's still not a lot. It looks like bigger selling will not be until 30p is cracked. Meanwhile, more buying looks likely to be attracted by impending results where there should be confirmation that conventional debt has now been mostly wiped out through divestments, and remaining businesses are expected to see profitability grow as older contracts run off.

[dil 21] 08/2/2023 09:58

Come and join the party teepee1 you know you want to :-)

[gripfit] 08/2/2023 09:41

Hoping for 60p ,,,

[driver101] 08/2/2023 09:40

Agree, a nice upward trend developing.

[dipa11] 08/2/2023 09:28

By the time end of the month we can see price around 36 pence plus.Good morning