Capita Share Discussion Threads

[sharedoc] 26/11/2007 09:50

I've just put my money where my mouth is and opened up a short position.

[sharedoc] 26/11/2007 09:47

merob - the chart is interesting. It looks like 700p is the support, if it goes under this again (and it is looking that way) then it will go down further.

[merob] 26/11/2007 09:43

- 26 again Rick...

That'll induce some more swearing no doubt!!

[spacemoggy] 26/11/2007 08:12

Closed - 26...Rick

[oscar000] 25/11/2007 16:38

Useful, so there must be something going on behind the scenes

[merob] 25/11/2007 10:46

As you can see, nothing concrete has been announced yet.

I think therefore, that the current rally is nothing more than a "relief" rally. If however, the share price should drive up through 725 and beyond, then it is something rather more.

[trt] 23/11/2007 20:03

You have only got to look at the fundamentals they speak volumes. Couldn't get enough of these earlier in the week.
Yes its paid off but thats not really the point - still looking forward to the PRU announcement and trading update.

£7.50+ not far off now

[oscar000] 23/11/2007 19:35

Where has the news been reported about pru, I cant find it anywhere

[bigbigdave] 23/11/2007 18:04

Too strong for a dead cat bounce imo.
Dow flying, lots of stocks well blue today.
More to come next week. (Xmas rally?)

[merob] 23/11/2007 16:34

Strong close. Have a good weekend trt you deserve it, having spent most of the week on the bog.

Good thing you piled heavily into these Wednesday pm wasn't it. Heh?

Balls of steel. lol

[bodeng] 23/11/2007 16:03

TRT
Will settle for £7 today.

[trt] 23/11/2007 16:01

I am just thinking if this PRU contract is as massive as the press seem to think then the broker upgrades are going to be substantial.
Could be back to £7.50 sooner than we might otherwise have thought !!

[merob] 23/11/2007 15:31

690 is resistance. If that pops then we're on for much more than 700p...

[fat_boy] 23/11/2007 15:24

sold a few at 690 with a tight stop. nasty downtrend waiting to be resumed

[trt] 23/11/2007 15:22

Bought a few more - real strength behind this now and we haven't even had the Prudential announcement yet.

Could see close to £7.00 by the close !!!!

[spacemoggy] 23/11/2007 14:53

Short again 688p...Rick

[merob] 23/11/2007 13:38

spacemoggy - 23 Nov'07 - 09:02 - 684 of 693


Good call there TRT, glad i jumped ship earlier, a £240 profit is not as good as the £600 + that i could have got, but there will be another opportunity for me. I'm shorting CTT right now, very weak even on "up" days, if you "trade" you might take a look, tight spread...all the best...Rick

bigbigdave - 23 Nov'07 - 09:44 - 685 of 693


Farewell Spacemoggy, well done, a profit is a profit. CPI looking good again.
I'm short CTT also

bbd

LOL! Bad call there Swearing, a loss is a loss, and in your case it stands at £360 on that trade. If you could control yourself to apply your now famous 2% rule to your disappearing profits, you would do better!

Buy high sell low, that's Rick Swearing's motto, but it's not mine.....! lol


The funniest thing of all, is that this shmuchkm and his mate bbd, are on this BB bragging about their Shorts on CTT! Would you follow thier advice??? Take a look at what's happening to them over there. They got it wrong AGAIN!


Indeed.....farewell Spacemoggy!!

[merob] 23/11/2007 13:35

I got some Shorts on at major resistance - 690. Now let's see what happens>

[merob] 23/11/2007 13:34

or down and down...........

[trt] 23/11/2007 12:45

Staying long with the PRU announcement and trading statement due soon. Back above £7.00 before you know it - I said the share price would move very quickly upwards and shorters would struggle to get out in time

Lets be honest Capita is one of the best defensive stocks one can buy in troubled times.
- Its doesn't rely on dwindling retail consumer confidence
- Its not a bank
- Its not affected by rising oil prices

It is in fact hugely cash generative
It has a staggering £3.2bn worth of contracts lined up and just about to sign a another massive one with the PRU
It increases the dividend by a large percentage every year
It pays large special dividends
Its PEG factor is only 0.91

I could go on and on .....

[merob] 23/11/2007 11:32

Less so now he's out of CPI though!

sp now moving into Shorting country IMO>

[merob] 23/11/2007 10:51

or, "Swearing Rick" - as he likes to be called!

[spacemoggy] 23/11/2007 10:39

Okies mate, and it's Rick :-)

[trt] 23/11/2007 10:22

Might take a look at CTT Spacemoggy but for now I am long on quite a few stocks