Capita Share Discussion Threads

[oscar000] 08/7/2008 13:38

Holding up well considering , should run up to the results?

[bigbigdave] 01/7/2008 17:07

Not today, then again most stocks looking a bit sick at the moment.

[trt] 30/6/2008 08:49

Only 3wks until the results - Looking good !!!

[bigbigdave] 27/6/2008 11:00

Tipped as a buy in the IC

[trt] 26/6/2008 15:54

Contracts continually being won . I have topped up my holding this afternoon ahead of the results.

26 June 2008

Capita and Marsh complete deal on
operations outsourcing


* Agreement signed, worth £187 million over 10 years, to enhance service
delivery and generate significant cost savings

* Marsh's existing offshore work to transfer to Capita's offshore facilities

The Capita Group Plc (Capita) and Marsh Ltd (Marsh) have today signed a deal to
deliver and transform Marsh's UK operations. The contract will be worth £187
million to Capita over 10 years. Capita announced that it had been selected as
preferred bidder by Marsh on 11 January this year.

Under the agreement, Capita will provide support and processing services to
enhance Marsh's broking activities to clients across its multinational
business. Marsh's UK operations are based in Norwich with some offshored
services delivered by an external provider in India.

Approximately 600 Marsh employees will transfer under TUPE to Capita and the
current offshored work will be transferred to Capita's new offshore facility in
Pune, India. Service commencement will be 1 July 2008.

Capita will undertake a comprehensive transformation programme to enhance
service provision to Marsh and its clients while delivering significant
reductions in operational transaction costs. Alongside this service
transformation, Capita will create a centre of excellence for insurance
outsourcing services based in Marsh's existing Norwich premises. The capacity
and capability within this centre will primarily be used to transform Marsh's
UK operations. Over time, options to utilise this facility for other Marsh and
Capita insurance activities will be considered.

Paul Pindar, Chief Executive of The Capita Group, commented: "This partnership
will draw upon Capita's technical expertise across the insurance market and
service re-engineering capabilities across the wider financial services
industry. An integrated operating infrastructure will deliver cost and quality
benefits alongside enhanced customer service and provide a flexible platform
for Marsh's current and new business. The work will continue to be delivered
from a Norwich base and we look forward to welcoming all staff who transfer to
Capita."

Martin South, CEO of Marsh UK, said: "We are very pleased to have established
this partnership with Capita and are confident it will be beneficial to both
our clients and our staff. In particular, it will transform the way in which we
do business, supporting our commitment to providing a customer experience
that's truly world-class. It will also give our staff increased opportunities
for career development."

[trt] 24/6/2008 18:58

Interims - 24th July 2008

[trickyboyfish] 24/6/2008 09:40

When are the interims due? thanks in advance?

[keran] 23/6/2008 13:55

Strong rise today ahead of the Interim results, which by all accounts will beat market expectations.

[trt] 18/6/2008 07:49

Capita preferred partner for HSE Gas Registration Scheme




PRESS INFORMATION

18 June 2008

HSE SELECTS CAPITA AS ITS PREFERRED PARTNER TO OPERATE A NEW GAS INSTALLER
REGISTRATION SCHEME

The Capita Group Plc (Capita) has been selected by the Health and Safety
Executive (HSE) as the preferred partner to operate a new gas installer
registration scheme in Great Britain. The contract is expected to be
valued at approximately £14 million per annum for a term of at least five
years. Detailed contract negotiations are now underway.

The new gas installer registration scheme, which will replace the current CORGI
registration scheme, will deliver a renewed focus on gas safety. Its sole
purpose will be to carry out gas installer registration, inspection and raise
awareness of gas safety issues amongst gas consumers. Around 250 CORGI
employees are expected to TUPE transfer to the new scheme. Operation of the
scheme is due to start on 1 April 2009.

The new gas registration scheme will deliver:

* high levels of gas safety awareness amongst consumers aligned to a powerful
new gas safety brand

* rapid and dramatic improvement in levels of service satisfaction for
consumers, installers, HSE and other stakeholders

* a re-energised, risk-focused, effective and efficient inspection force

* a commitment to focusing exclusively on delivering the scheme free from
other commercial distractions

* a transparent, open and consultative approach

* a commitment to working with other industry bodies.

Paul Pindar, Chief Executive of Capita commented: "Capita is delighted to have
the opportunity to create a new, highly targeted and effective registration
scheme that will significantly reduce the administration and cost burden on
registered installers. We are pleased to be able to support HSE in their
pursuit of continuing to improve gas safety and customer satisfaction. We will
also work in close collaboration with other industry bodies to improve
standards and raise consumer awareness of gas safety."

[oscar000] 12/6/2008 17:26

Yes to hold 7 has to be good

[bigbigdave] 12/6/2008 16:32

Close over 7 quid again, bodes well imo.

[trt] 12/6/2008 14:41

Well I took the opportunity to top my holding this afternoon in time for those Interim results.

[keran] 12/6/2008 12:23

Interim results only 4 wks away with another special dividend + ordinary Interim dividend - nice !!

[keran] 12/6/2008 09:55

Good rise over the last few weeks.I agree there must be something very positive we don't know about thats causing the recent spike in the share price.

[trt] 12/6/2008 07:24

If its a takeover I undertsand the company only has to make an immediate announcement if the share price rises by 10%+ in a single day, according to LSE rules.

[bountyhunter] 11/6/2008 22:27

yes it does seem a bit odd with the ftse dropping 1.8% and CPI being the strongest ftse riser today at +3%
I know that CPI is seen as a defensive recession resilient stock but that doesn't realy explain todays sudden rise - if we see the same again tomorrow then I do think it possible that there could be something going on which we do not yet know about?

[trickyboyfish] 11/6/2008 22:10

Just looking at the chart with bollinger bands.

There is a very clear and strong break out over the top band.

Looking back through the historical chart, I cant see that there has been such a strong break our before and also each previous breakout has been the precursor to a strong rising trend.

[trt] 11/6/2008 22:04

I noticed Fidelity topped up their holding in Capita last week.
I still think there is more to this sudden rise in the share price than we know about at the moment - time will tell

[bountyhunter] 11/6/2008 21:54

Capita has a busy couple of months

[trt] 11/6/2008 21:51

I have said for a while they were yet again on course to smash broker profit forecasts !!

[trickyboyfish] 11/6/2008 18:08

Well it rules out take over then :)

[oscar000] 11/6/2008 17:54

Thats what it says on this site in London market closing features? I am guessing they may have had an analysts and broker day/update?