Capita Share Discussion Threads

[whoknowswat] 22/3/2024 21:01

Near 30 year lows when global markets are near all time highs and shorts still not closing, got to wonder how low this is going to go, it’s just a falling knife at the moment, maybe worth a small punt at some point, but got to feel sorry for anyone who’s gone all in here. How did Capita get it so wrong when the likes of Serco are now flourishing, they will forever be playing catchup with their competitors, just look at how Serco are already using specialist ai to help them produce and win bids saving time and money, not heard of capita doing this, just vague stuff about helping clients. They need to look at how they use AI in their own business before advising their clients. Maybe the new guy can turn this dinosaur around before it becomes extinct, but it seems like the shorters don’t agree.

[blueball] 22/3/2024 19:55

Incense and peppermints.

[strawberry alarm clock] 22/3/2024 19:42

Share price 13.32p A little reminder ,,, Let*s all laugh hard at The Imperialist The Imperialist - 06 Mar 2024 - 10:07:47 - 13122 of 13136Let me be judged by this: 20p today/tomorrow _______ BWAHAHAHA

[hope1815] 22/3/2024 18:09

Short increase by 0.01% WorldQuant LLC was 0.49%

WorldQuant LLC 0.50 0.01 21/03/2024

Total 1.03%

Historical Short Marshall Wace LLP held since 28/9/19 range 0.28% to 1.10% of this period presently at 0.53%.

If a bid comes in and Form 8.3 etc are placed short interest is indicated even below 0.50% on these forms.

Happy Investing

[heatseek77] 22/3/2024 15:36

Jas0701 have to agree, although company say they haven't been notified by anyone 🤷

Strawham tbh you judge imp so I only fair to be judged, my judgement is boring old clown

[jas0701] 22/3/2024 13:19

There is no issue with anyone shorting Capita unless it's all hidden!!UK Economy is improving, and things are getting better.But Capita share price is sinking!!There has to be a determined seller in play. We'll find out in due course. Hopefully, once done, the share price will rocket without any reason

[strawberry alarm clock] 22/3/2024 12:59

I didn't ask you to judge me you clown but the Imperialist asked us to judge him - we will continue to laugh at him until every knows he is a buffoon BWAHAHAHA

[dealy] 22/3/2024 12:36

Looking back, one can ask the following question: Was disposing of all of these businesses (reducing debt but also reducing revenue and Ebit) better than keeping the businesses and improving them?The current share price implies that it was a waste of time and effort

[heatseek77] 21/3/2024 14:13

From Trisor on LSE good summary he must get his notes down quick!(I hope you don't mind any probs I'll delete) would add Adolfo did say he 'love dividends' but clearly wants to get the profit sorted first

RE: Expect in upside in the new tax yearToday 12:46
Summary (not advice and may not be full and complete -just what I picked up)

-acknowledgement of underperformance

-2023 affected by non recurring outflows, these wont re-occur (mmm) in 2025-eg pension.

-Positive FCF during 2025 all things being equal

-expect net debt increase in 2024

-AH says results not what it should be-value is locked in company. Numbers don't tell full story. Must dramatically turnaround the financial performance of the business

-initial observations are that Capita is vital to society, but a lot more value locked in that he thought. No 1 thing for him to be held accountable is to translate value

-moving to standardised repeatable delivery

-attitude to technology will change-must inject more technology. Simplification of operation. Will make us more competitive

-Jon had to deal with debt reduction-very challenging-pension contributions

-AH owns past but will focus on delivery

-being decisive on spending and cutting costs

-building on proven scalable technology

-Governance is a bit stiff which is taking away speed of decision making-that needs to be addressed

-AH says he could have backed out but he sees an exciting challenge-opportunities in the market. Means a lot to him that Capita is important to society. Wants to do well and good for society. List of customers are the big attraction. Customers want Capita to do well. recognition it would be painful. Needs to get leaner to grow. Knows starting point is challenging. Need more simplification. There is a good group of people

-Capita team has tried to be super transparent with II in light of poor share price Convinced a big opportunity to unlock value, digital transformation will key -he thinks its a good space, been transparent with action Action today. AH is maximising everything with incomes to get right outcomes. Has empathy with people who have invested. Energy is being put into building platform. Results are what they are -not kitchen sinking. It is what it is. Is going to make the business more efficient.

- Went through SDL example of how he helped make a good go of it

-prospects of dividend - if things go well. AH need an option. Its his intention he will become a more normal business, profits etc. There will be optionality . Not opposed to it. Doesnt have optionality today. No commitment to when

-Margins -he will come back on capital markets day

-Cyber incident-AH is spending a lot of time on it. Exceptionals are in the 2023 numbers

-AI-AH super excited about Gen AI. He believes impact will be great. Gen AI work -Capita will build a catalogue targeted in certain areas . Use case by use case

- financial performance not where it needs to be -going forward committed to improvement-lower risk being implemented. There is value in the market place which needs to be unlocked and its a journey to create the shareholder value

[heatseek77] 21/3/2024 11:19

In case anyone else wants to join...

Capita are holding a webinar for private investors today at 12.00pm. Meet new CEO Adolfo Hernandez, who along with Stephanie Little Deputy Director of IR will provide an update on performance following the publication of the FY23 results which were released on 6 March.

Register:

[heatseek77] 21/3/2024 11:17

Price moving down, volumes mid / high and no TR1 so can all assume not a ii.(as hp wrote)..

[heatseek77] 21/3/2024 11:15

Jim you tell me? 🤷 You always 'turn up' / comment - on a downtrend 🤷

[aljm] 21/3/2024 10:52

grow up, why would i want an alias ?

[heatseek77] 21/3/2024 10:16

aljm aren't you alljim/jubberjim?
13505 they could be, if that's the case ? as company (HP) stated no TR1 so not aware any ii selling 🤷

[aljm] 21/3/2024 10:01

why alim / jubber btw ??

[aljm] 21/3/2024 10:00

buys v sells are in buys favour daily, that makes me think they are drip feeding a large sell.....

[heatseek77] 21/3/2024 09:52

Alljim / jubber 1.3 m more buys than sells more likely mm games tbh

[heatseek77] 21/3/2024 09:50

For anyone who missed the link earlier

Capita are holding a webinar for private investors today at 12.00pm. Meet new CEO Adolfo Hernandez, who along with Stephanie Little Deputy Director of IR will provide an update on performance following the publication of the FY23 results which were released on 6 March.

Register:

[aljm] 21/3/2024 09:45

there must be a big back ground seller, this is dropping daily.....

[dealy] 21/3/2024 09:35

world moving in a very optimistic way (rate cuts coming, growth expected) yet this and so many UK companies have just been left behind