Capita Share Discussion Threads

[dealy] 02/4/2024 19:00

mindless trend followers

[whoknowswat] 02/4/2024 18:49

Yep another short declared, as I said a few days ago, got to wonder why they are increasing short exposure rather than reducing at these prices. I am sure some rampers on here will have some positive spin to put on it.

[bookbroker] 02/4/2024 18:30

Until this company is able to reduce its payroll it will never make any real money, basically it is hamstrung by high overheads, it’s salvation will be A.I., then it can fire half its workforce.

[dexterburt1] 02/4/2024 17:37

Those businesses will inevitably be worth more in the hands of Vin Murria...Capita were forced sellers and had no choice but to trim the debt with rising rates. Capita was the 7th largest supplier to central government last year and the largest in its category and they continue to win contracts.It's easy to dismiss this share and it's not without risk, but it's necessary to detach the present from the ills of the past; this is a business with decent market share and reasonably predictable top line. CPI should be capable of delivering margins akin to peers - look at ASX:APM and NYSE:MMI both trade at a significant premium and both awarded FAS lots (same framework as CPI).

[gripfit] 02/4/2024 17:29

Why would WALLEYE capital , open a short on 1st April of .5% ??? They must be expecting more downside .. which is a max if 13p…

[whoknowswat] 02/4/2024 16:40

Look at AdvancedAdvT share price since it made the purchase from capita, compare that to capita’s share price, they have clearly done a good deal however JL spun the sale of these non core businesses, it hasn’t done Capita any good, except avoiding it going bust maybe. They were badly run, just like what we are left with.

[blackhorse23] 02/4/2024 16:38

Dropping below 8p ??

[diku] 02/4/2024 15:10

33 mln....

[gripfit] 02/4/2024 14:19

33 mill is now worth ??

[dealy] 02/4/2024 13:30

they sold it for 10 times forward earnings. that's a reasonable price.

[whoknowswat] 02/4/2024 13:03

An example today of how Capita have managed to sell some great little businesses, and left themselves with the rotten core. Good luck to anyone who still believes this is a value share, looks more and more like a zombie company, only reason to exist is pay interest on its debit and huge salaries to its directors.
“AdvancedAdvT Ltd - software solutions provider for healthcare compliance, and human capital management sectors - Reports revenue of GBP15.1 million in six months to December 31, against none a year prior. Swings to pretax profit of GBP3.3 million from GBP113,000 loss. In July, the firm acquired five software and services businesses from Capita PLC for GBP33 million. "In the five months since the group acquired the Capita businesses, it has made good progress. Our initiatives have encompassed a concerted effort towards standardisation and simplification, aimed at harnessing best practices to optimise go-to-market strategies and operational activities," AdvancedAdvT says.”

[alfred neuman] 28/3/2024 22:22

Let*s all laugh hard at The Imperialist - this is his post word for word


The Imperialist - 06 Mar 2024 - 10:07:47 - 13122 of 13136
Let me be judged by this: 20p today/tomorrow


_______
Total bellend

BWAHAHAHA

[the imperialist] 28/3/2024 12:13

I wouldn't mind but she is misquoting the original post anyway. LOL

[dexterburt1] 28/3/2024 08:06

What is your motive here? If you put this level of energy and persistence into your investing decisions you'd go far...

[strawberry alarm clock] 27/3/2024 10:05

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

[heatseek77] 27/3/2024 08:17

FTP, I was being way to simplistic (doh) it's actually 42.4242%

To calculate the percent difference of two numbers such as 13 and 20, you first divide the absolute difference of the numbers by the average of the numbers, and then multiply the quotient by 100. Here is the formula:


|a - b|


(a + b) ÷ 2
× 100

In the formula above, a is a number and b is the other number. Again, the numbers are independent of each other, so it does not matter which one is which, but for our calculation we insert a = 13 and b = 20 into the formula to get the following:


|13 - 20|


(13 + 20) ÷ 2
× 100

Then, we simplify and solve. Note that || means absolute value, so any negative number will become positive.


|-7|


(33) ÷ 2
× 100


7


16.5
× 100

Difference ≈ 42.4242%

[heatseek77] 27/3/2024 08:05

FTP - saw yours last night so did some googling just to check and you do it on 13/20 not the difference 🤷 as difference is a variable, the top v bottom set
Anyway potato / potatoes as they say

Funny never been to mosside yuk no thanks, let's be truthful amaretto / st Alban's pati boys 🤣🤣
MXC, EUA both exited as winner winner chicken diners - like cpi already took rise from 2 waves ££ taken profit, now back in average 14.7p happy to wait as this will come good with Adolfo - thing is taxi driver boy you don't understand MSPs, CCNs etc anyway need to get to marble arch how much in your sh1tty Uber bouy

[dexterburt1] 26/3/2024 15:53

Majority of these contracts have inflation mechanisms and expect they'd be able to pass this through. Government need a healthy competitive market. No point putting Capita etc. out of business as they'd have to in-source at a much higher cost... The problem historically has been aggressive bidding i.e. knowingly securing bids at wafer thin margins to add volume without overhead. These days seem to be in the past.

[the imperialist] 26/3/2024 15:23

Go away Tony you sad little boy.

[whoknowswat] 26/3/2024 13:44

PE on adjusted figures is over 7, that’s not cheap, it only looks cheap on a forward view if they hit targets, and they never do. When labour get in their priority is to introduce a new living wage to replace national living wage, that will all but wipe out the cost saving they are making, because they are cutting middle managers not the low paid. They know that, and that is why they are rushing the cuts through. Wage costs will remain too high even after the cuts.

[strawberry alarm clock] 26/3/2024 09:21

The dopey The Imperialist only needs a 53% rise to get to his 20p prediction - like that really is gonna happen Total bellend

[feelthepain] 26/3/2024 08:35

Sorry meant starting price of 13, but my maths is correct

[feelthepain] 26/3/2024 08:24

13 to 20 is a 54 percent rise 7p diff divided by the starting price of 20p.Can't see straes original post as he is filtered.