Capita Share Discussion Threads

[kirk 6] 31/1/2018 08:36

Another Carillion style stock

[fenners66] 31/1/2018 08:36

tim 3 > Positives are the yield and people like Woodford thinks the fall is overdone.

Another Woodford failure then !

I am starting to believe his involvement is a counter indicator !

[brad1] 31/1/2018 08:34

Net debt is about double quick assets, so can,t see any value. Typical scenario of bad management being overpaid for jobs they are unable to perform!

[fenners66] 31/1/2018 08:34

citytrader66
26 Jan '18 - 09:04 - 2060 of 2076

typical MM tree shake after the 1st rise to fill their boots ready for the afternoon buyers. cool head needed today.


So you are an expert on how and why the share price moves then........

[bookbroker] 31/1/2018 08:28

Yes, but in this ever changing market, does any business within the CPI portfolio have a future role, perhaps it would be better to break the whole company up! After the debt, is there any value left here, strikes me that may not be the case!

[hyden] 31/1/2018 08:25

Sold out at 235.72p and taken the hit. It was only a very small holding providing an estimated 0.21% of my income so it was an easy decision for me to make. I will sit on the cash for now.

Good luck to all holders.

[asagi] 31/1/2018 08:25

are these actions being overdone? Cut the dividend entirely and sell businesses and raise equity?

Kudos to the bears though.

Asagi (long CPI)

[ch4p_85] 31/1/2018 08:23

Well fair play to the new CEO. At least he is not burying his head in the sand. You have to sometimes eat humble pie and he is doing this by focusing on capitas core assets.

[bookbroker] 31/1/2018 08:10

Not good for Woodford, not good at all, could see more redemptions, and I think PFG will be coming to the begging bowl soon!

[demo trader] 31/1/2018 08:09

opens at 237p, down 110p, don't have it.

[nigelpm] 31/1/2018 07:56

Ironically, these are exactly the steps the board should be taking to repair its effectively bust balance sheet.

[bookbroker] 31/1/2018 07:43

This statement does not bode well for CPI, seems to be burdened with a significant number of issues, and will ultimately become a very much smaller company, seems to be a victim of its making and has not invested in its businesses over the years, could see this opening with a two handle!

[tim 3] 30/1/2018 19:54

Chart looks horrible.

Long term downtrend with new lows nearly every other day and rallys sold into.

Clearly little love for them at present so any "nasties" in the update not likely to go down well.

Positives are the yield and people like Woodford thinks the fall is overdone.

My gut feel is wait for evidence that things have improved might miss the bottom but how many times have we thought the bottom is in and the dividend looks a little unsustainable to me.

[eisler] 30/1/2018 19:42

There's one thing for sure - we won't see 500 again - at least for a couple of years. 200 is more likely before then.

[lonrho] 30/1/2018 15:31

what massive debt net debt to ebitda is about 2.2 and they generate significant free cash flow.

[brad1] 30/1/2018 14:30

this is looking like the next Carillion! How will they manage this massive debt? Although they may win some contracts following C collapse. Hmm - do I short.

[tim 3] 30/1/2018 14:02

Getting close to a double digit yield either market has this very wrong or there is trouble ahead.

[bookbroker] 30/1/2018 13:42

What is the earnings outlook here, many of their clients are moving to cloud based provision of information, how far advanced is this company in that arena?

[tim 3] 30/1/2018 11:34

New lows yet again.

[citytrader66] 26/1/2018 09:04

typical MM tree shake after the 1st rise to fill their boots ready for the afternoon buyers. cool head needed today.

[eisler] 26/1/2018 08:59

Downtrend continues - typical of a share price that is in freefall with weak support. A few days of sizeable drops, then a single up day of 2-3%, then the downtrend continues for a few days...

[fernandesb] 25/1/2018 13:16

citytrader66 you maybe right

[citytrader66] 25/1/2018 08:23

break 365p and this could bounce much higher. maybe to 400p.

[eisler] 24/1/2018 18:25

300 coming into view - and that's nowhere near where this could fall to. Lots of nervousness around the future of CPI.