Capita Share Discussion Threads

[ragingbear] 21/5/2018 09:56

Who saw that spike up on the 1 minute chart from 138 to 140...

Where did that come from...

[dreamtwister] 21/5/2018 09:34

I68
1retirement
20 May '18 - 11:02 - 2931 of 2937
0 0 0
Dreamtwister the womble. Wait for that knock on the door.......

bleep.....bleep......bleep....dnr:-)

[dealy] 21/5/2018 07:22

is that 282m Ebit?

[brain smiley] 21/5/2018 02:01

282 million profit forecast for 2018 and 1.7billion shares - gives EPS of 17p. Anyoneelse agree with this?

[ragingbear] 20/5/2018 21:24

A little conceited... moi?

Not at all...

I was trying to be exceedingly condescending...

:o)


You should double check the info I have given as after a liquid lunch there may be inaccuracies...

[1retirement] 20/5/2018 21:18

PS it would not surprise me to see this touching 150p sooner rather than later

[1retirement] 20/5/2018 21:17

Raging, while your tone may be a little conceited (I'm reading it in the tone I presume you might deliver it in person), I do actually appreciate you taking the time to explain in detail what is happening and for that I genuinely express my gratitude. Every day is a learning day.

[ragingbear] 20/5/2018 19:49

"I know I'm a bit thick and all but care to explain where the UTs at 4.35pm are red and for other companies they are blue."

You may be a bit thick 1retirement, but I don't usually rush to judge.

I'll go with your personal insider knowledge of yourself though, and I'll agree with you...



Ok... Why is the UT red or blue.


Well, strictly speaking the uncrossing isn't a "normal trade" per se...

It is a volume based matching off of the eligible BUY and SELL market orders still left open on the book at market close.

There are algorithms that work out criteria such as max volume size and price % away from VWAP etc...


When you are looking at the regular intraday trades history, and BUYS are represented in BLUE, and SELLS in a nice RED colour.

These colours are basically just "guesses" as to whether trades are a BUY or a SELL, as trades have to be reported, but they don't have to be reported in which direction the trade actually went.

Again, there is a system algorithm that makes a logical guess as to where the trade price sits in relation to the mid price at the time of execution, and marks the trades RED or BLUE depending on which side it is closest to.

Remember, that trades are most often executed within (and not at) the advertised spread.
(Of course trades can be executed at the touch price or even outside the spread if the order is too large, but I am generalising).

I'm sure that at your wise old retirement age, you have put a trade on and noticed, or seen someone else saying something like:

"I just bought x amount of shares, but those pesky MM's have marked it as a sell"

(Its not the MM's, its the brokers trading systems that guesses and marks trades as buy or sell taking the raw data from the LSE feed).


So in the case of the UT trade, don't think that because it is RED, it means the total UT recorded is a SELL. (Any more than it being BLUE means it is a BUY).


The UT is the TOTAL VOLUME of all the market BUY and SELL orders still open on the book at 16:30 closing time that were uncrossed and executed in the after market auction, and the colour is pretty much irrelevant.

Just as normal intraday BUYS and SELLS that are recorded based on the mid price at the time the trade took place are very often misreported, (and irrelevant in the grand scheme of things), so the colour of the UT trade is completely irrelevant for that same exact reason, and because the UT is much more than just a single trade execution, but an amalgamation of many trades within the 5 minutes of the after market closing auction, the colour of it is even more irrelevant (or should that read "even less relevant").


To summarise, as this has turned out quite long...


The UT is the volume of both BUY and SELL orders that were matched off and executed in the after market auction.

It is not 1 single BUY order nor 1 single SELL order, but the total volume of ALL the matched trades completed within the auction criteria.

Hope alles klar now, and you don't still think that the UT signifies someone dumping a large quantity of our precious Capita shares...



Wonder how CPI will do next week...

[1retirement] 20/5/2018 11:02

Dreamtwister the womble. Wait for that knock on the door.......

[dreamtwister] 20/5/2018 08:31

1retirement
18 May '18 - 23:16 - 2924 of 2929
0 0 0
I know I'm a bit thick and all but care to explain where the UTs at 4.35pm are red and for other companies they are blue.

[oscar000] 19/5/2018 20:05

Dealy is correct

[1retirement] 19/5/2018 19:24

Which actually makes it even more perplexing! When do the new shares hit the market for trading?

[dealy] 19/5/2018 19:19

1 billion new shares plus the 700m previous

[1retirement] 19/5/2018 17:08

Erm, 1.4bil market cap.

[dealy] 19/5/2018 15:17

2.3 billion pound market cap now with net debt of about 500m. EV/Ebitda multiple of 7. Guess that's high enough until we see business improve

[1retirement] 18/5/2018 23:16

And you seem to think the ~16% increase on no news post the rights issue wont be hammered into by bears at the first whiff of less than perfect news flow. Note: the same increase prior to RI would have had this sitting on 232p. Worth that when it was struggling to break 200p? I know I'm a bit thick and all but care to explain where the UTs at 4.35pm are red and for other companies they are blue?

[only who?] 18/5/2018 21:43

ragingb: well done for catching the recent slight bounce. No doubt money has been made this week, on paper, but that doesn't mean Capita has been fixed and its share price will recover majestically to five quid, or whatever. It's still in intensive care and could easily end up on the Do Not Resuscitate list

[ragingbear] 18/5/2018 19:45

You thought that the closing auction uncrossing trade was someone dumping stock...

It just goes to show that what we think isn't always correct...

[1retirement] 18/5/2018 19:37

I don't think those that have bought today at 140 realise the full implications of the RI. The full weight of which has yet to land.

[ragingbear] 18/5/2018 19:13

Negative = realistic ... Ummm no not really, seeing as we closed just under 140

Seems pretty positive to me, and the 12k I made since buying in a week ago.

When everyone thinks its a buy can mean .. its a buy... crowd theory and all that

But I am a weary trader and I know anything can happen at anytime...

Just like GLEN did today with an 8% drop after a surprise bit of negative news.

See what next week brings, but this week Capita sentiment was definitely bullish...

[ragingbear] 17/5/2018 17:46

"That new contract is a renewal....."



No its not Paddy fool.. It is a consolidation to a single partner (being Capita)...









And from FSCS website:

www.fscs.org.uk/industry/news/2018/fscs-awards-strategic-sole-partner-contract-to-capita/



FSCS awards strategic sole partner contract to Capita
15th May 2018

Following a competitive procurement process, FSCS can confirm that it has awarded its strategic sole partner contract to Capita for the provision of a claims handling service. This contract, which will begin in July 2018, will consolidate all of FSCS’s claims handling and customer services for the next four and three-quarter years, with an option to extend for up to an additional two years.

FSCS has moved to a sole partner to consolidate its claims handing processes to provide a more joined up experience for its customers. This also creates opportunities for the Scheme to improve the customer experience through digital development which will in turn increase value for money for its stakeholders.

Jimmy Barber, FSCS’s Chief Operating Officer said: “Our decision to consolidate our claims handling services in the new partnership will help ensure that customers are provided with an outstanding experience when making a claim. It underpins our work to transform the customer experience, through investment in technology and digital development, and adds improved resilience through scale.”

[paddyfool] 17/5/2018 17:28

That new contract is a renewal.....

[maucha] 17/5/2018 17:01

It's unlikely that it will turn the corner into a brick wall and a trap door!