Capita Share Discussion Threads

[marine boy] 06/8/2023 11:58

Kipper, my strategy is really to see how Adolfo handles things & to wait until next FY results in March 24. A lot could happen in that time including interest from private equity. Adolfo's connections with AWS has got to be a bonus. Let's see what the analysts have to say over the coming weeks. Also, just put your +12G, -8G down to experience & consider how you might handle things differently when you are next in positive territory. It's only a paper loss at present & you might win the lottery tomorrow or be given six months to live so keep it in perspective & stay cool.

[action] 06/8/2023 11:51

Some suggested 18p and longtime back 10p as well. It is not wise to average down but I always do on daily swing.

[dealy] 06/8/2023 11:13

so what is your conclusion?

[marine boy] 06/8/2023 09:42

I think the idea is that you short before it goes down, not after. Will be less downside on Monday than there was last Thursday pre results. Friday was an opportunity for shorts to close & new long positions to open.

[gripfit] 06/8/2023 09:09

Watch for the mkt mkrs marking it up to catch a few short positions

[omron] 06/8/2023 08:47

For what it is worth, SimplyWallSt attribute a fair value of 66p to Capita shares.

[jubberjim] 05/8/2023 15:58

NO FEAR

Has now switched again

Think he is now long where I don t know

Just my guess from increasingly desperate utterances

Ps where are you Gocpi and cpiforever part of the biscuits collective who cooked their cookies and ate their shreddies

Enjoy the weekend

[dipa11] 05/8/2023 15:44

I don't think 1st half result is bad. As company took hit from cyber and good will from selling non core business. This is one of the charges and 2nd half will be good one. Plus we can get cyber charges back that is 20 to 25 millions from insurance.Yesterday turnover is around nearly 3% means shorting increased yesterday if shorter have to buy back from market then share price move up very fast and how the analyst will give price target next week is crucial. Yesterday i bought few more as FOMO and average down. DYOR Good luck

[dealy] 05/8/2023 11:21

We are talking about a company with a market cap of just 360m. If you add on the non-lease relayed debt of 165m, then the Enterprise Value is just over 500m. For that, you get a business with 2.8 billion of revenue. Revenue grew 6% (for the businesses which are being kept). Ignoring the cyber attack costs, the business is profitable. It should be able to make 50m per year going forward and has huge potential to improve margins and grow revenue. This is not a basket case

[feelthepain] 05/8/2023 09:34

Virtually none of the disappointment is related to the cyber attack. That would have been a one off if capita had not done their usual trick of putting spin on it to make it sound better than it was, and then getting caught out.

The disappointment is that the report uses flowery words to try and make things sound like everything's on track while FCF is reducing, profits are reducing and debt is going up or it is at least higher than led to believe. It feels to me as though they are continually trying to pull the wool over investors eyes

[jubberjim] 05/8/2023 09:29

Will await further developments before jumping in

Dividends will be finding their way into my accounts on or around the 10 th of this month so hopefully will have made up my mind by then

Will see how we open Monday but expecting more downside at this moment in time in line with most shares including decent "dividend" payers

So lots of competition and indecision on my part

Good luck to those hanging on in there

[dealy] 05/8/2023 08:25

how much of the disappointment here is related to the one-off cyber attack (affected cash flow and profits by c. 25m)? This is something that many companies have faced recently. It has to be treated as a one-off.

[gripfit] 04/8/2023 19:55

Till Lewis is gone , and a new agenda .
File it

[gripfit] 04/8/2023 18:58

Only when u sell Jon … that’s the key …
Made loads on these …

[dipa11] 04/8/2023 18:50

Today shorting increased for sure we will come to know by next Wednesday.

[john09] 04/8/2023 18:36

Poor in shares from what i can see. Kisses

[gripfit] 04/8/2023 18:33

Lol John … good to hear from you … YES ,,, rich in love .. got everything I need ..

[whisky8] 04/8/2023 18:24

sub 20p then whoooooooooosh to 10p

[john09] 04/8/2023 18:06

You rich yet gripfit ? Lol

[gripfit] 04/8/2023 17:46

When the CEO doesn’t buy shares at any price … even 30p ,, u know the writing is on the wall …