Capita Share Discussion Threads

[merob] 06/3/2008 09:11

Timing is everything guys!

Now is that downtrend turning...really, is it??

We've been here before..

CPI could become range bound, but I'm not going to tell you what the range IS...yet.

[trickyboyfish] 05/3/2008 15:58

And now it looks like we are to break through the long term down trend resistance.

[oscar000] 05/3/2008 14:09

Does Merob know what the price will be

[bigbigdave] 05/3/2008 13:03

Market seems to like the news 8-)

[trt] 05/3/2008 12:28

Capita selected as preferred bidder by Sefton MBC




5 March 2008Capita selected by Sefton Metropolitan Borough Council for property and highway
services
Council, employees and residents to benefit from improved property and highway
services The Capita Group Plc (`Capita') has been chosen as preferred bidder by Sefton
Metropolitan Borough Council to develop a 10 year strategic partnership to
deliver a wide range of property and highway services. The agreement, valued at
approximately £70 million, will include: * architecture and quantity surveying

* building maintenance and mechanical/electrical design

* engineering design

* estate management

* highways management and street lighting; and

* drainage.
The contract will be delivered by Capita's property and infrastructure
consultancy, Capita Symonds.
Paul Pindar, Chief Executive of the The Capita Group Plc, said: "This
partnership will support the Council's corporate objectives around performance,
prosperity and regeneration. We look forward to working with Sefton
Metropolitan Borough Council and its employees to ensure that the local
community benefits from first class public services."To support the delivery of the property and highway services, approximately 150
Council employees are expected to transfer to Capita Symonds under TUPE on 1
October 2008.
Further negotiations are taking place. The contract is expected to be for a 10
year period with an option to extend for a further five years.

[trt] 05/3/2008 08:04

But these buybacks are after record final results and an extremely positive outlook for 2088 - 2009 and beyond.

[bigbigdave] 05/3/2008 07:42

More buybacks. In the past the share price has held fairly steady until the buybacks are over.

[oscar000] 05/3/2008 07:20

I think Merob has the unrivalled qualities of 20/20 hindsight

[trickyboyfish] 05/3/2008 00:57

Merob - how wrong was I? I couldnt believe my eyes and the market reaction. DOH!

[oscar000] 04/3/2008 16:39

Well ,all wrong but when cpi start buying back shares it provides a good base to work from, dow permitting

[merob] 04/3/2008 10:59

oscar000 - 29 Feb'08 - 11:15 - 888 of 901


excellent news, they should start rising over the next few days




Not unless the downtrend is reversed Oscar; you ask the DOW..

[merob] 04/3/2008 10:54

Trickyboyfish - 29 Feb'08 - 07:37 - 877 of 900


I forecast a rise to 730p today :))

Anymore guesses?



NO THANKS Tricky!

[merob] 04/3/2008 10:51

trt - 21 Feb'08 - 11:23 - 864 of 899


Somthing is happening we don't know about !!!

Could finish well above £6.90 today maybe even above £7.00


lol

[trt] 04/3/2008 08:46

More share repurchases:

RNS Number:2622P
Capita Group PLC
04 March 2008


4 March 2008

Capita Group plc ("the Company")

SHARE REPURCHASE

Capita Group plc announces that it purchased 900,000 ordinary shares in the
Company on 3 March 2008 at a price of 656.17p per share.

The purchased shares will be held as Treasury shares.

Following the above purchase the Company holds 1,564,163 shares in Treasury and
has 607,827,323 shares in issue (excluding Treasury shares).

ENDS

[trt] 03/3/2008 09:06

RNS Number:1323P
Capita Group PLC
03 March 2008


3 March 2008

Capita Group plc ("the Company")

SHARE REPURCHASE

Capita Group plc announces that it purchased 623,000 ordinary shares in the
Company on 29 February 2008 at a price of 656.80p per share.

The purchased shares will be held as Treasury shares.

Following the above purchase the Company holds 664,163 shares in Treasury and
has 608,727,323 shares in issue (excluding Treasury shares).

[trt] 01/3/2008 08:17

Capita profits from increase in outsourcing work
By Jonathan Sibun
Last Updated: 1:39am GMT 01/03/2008



Outsourcing giant Capita Group said Britain's companies are contracting out work at "unprecedented" rates ahead of a potential economic downturn as it reported a 19pc increase in full-year profits.


Paul Pindar: 'buoyant trading'


Chief executive Paul Pindar made the comments as Capita, which provides back office outsourcing, reported the jump in profits to £271m pre-tax on a 19pc increase in revenues to £2.07bn.

"Trading conditions are buoyant," he said. "If we are going to enter an economic downturn then it will be positive for us." He added that financial services firms, which have been hit hardest by the credit crunch and US mortgage crisis, had proved more willing to discuss outsourcing opportunities in recent months.

Capita, which won contracts worth £1.89bn last year, has already been awarded £314m of new business this year. Mr Pindar said: "We have seen an unprecedented level of decisions in the last three months."

The company's pipeline of new business remains strong, Mr Pindar said, with 25 major contracts worth a combined £2.5bn up for grabs.

Investec analyst Robert Morton wrote: "[The] figures were very good with strong organic growth achieved, margins edging up and cash generation very strong."

Mr Pindar said the company would remain focused on the UK, where there is a "huge amount of potential".

Capita increased its annual dividend by 33pc to 12p, having already returned £265m to shareholders via share buybacks and a special dividend. The company, which spent £114m on 12 acquisitions last year, said: "We anticipate a similar volume of small to medium-sized transactions in 2008."

[trt] 01/3/2008 08:10

Times newspaper -01/03/08 Capita Group

Judged on its failure to win two of the highest-profile contracts that it had been chasing - retention of the £300million London congestion charge scheme and the one-off award of the BBC's £450million digital switchover plan - Capita might seem to have lost its knack of pulling in new business.

The detail of yesterday's full-year results tells a different story, though. Over the past three months, the back-office outsourcing specialist - a constituent of the Tempus Ten - has won two thirds of the £1.5billion of work for which it had been in contention. Even ignoring December's £722million 15-year life and pensions administration deal with Prudential - the biggest win in the company's 24-year history - that is encouraging.

Equally reassuring is that only one of Capita's big contracts - the Government's £35 million-a-year national strategies scheme for English schools - comes up for grabs in the next four years. Neither is there much in the numbers themselves to concern. Revenues were up an above-consensus 19 per cent, earnings per share were 22 per cent better and the dividend was raised 33percent. An improvement in operating margins - from 12.9 per cent to 13.1 per cent - showed the benefits of scale.

As for the outlook, Capita expects the outsourcing market - of which it has 22 per cent - to carry on growing at an annual 10 per cent over the next three years. Apart from getting bigger in life and pensions - which should account for 18 per cent of sales this year, against 8 per cent two years ago - Capita is eyeing healthcare and defence.

While the shares slipped nearly 4 per cent yesterday, that had more to do with their 10 per cent rise over the past three weeks. At 656p, or 19 times 2008 earnings, Capita remains at a premium to its sector, but a deserved one given the predictability of long-term contracted revenues and double-digit earnings growth. Hold.

[trt] 29/2/2008 13:39

Well yes some of them were since January but that is in this financial year and in fact they announced contracts wins this morning. It has secured contract renewals worth £1.89 billion where at this time last year the renewals were £1.37 billion. I do wish analysts would get their facts right.

The outsourcing market is actually worth £94bn of which Capita have £2.5bn approximately, so plenty more scope for more contract wins - that is the point !!!

[oscar000] 29/2/2008 13:26

Landsbanki analyst Michael Donnelly said that despite the "classic performance" from Capita, the market was probably expecting upgrades and the announcements of major contracts. Also, the company's bid pipeline remained flat versus the year earlier.

"What the market is overlooking is that they did have these contract wins in the past three months," he said.

[oscar000] 29/2/2008 13:25

Oriel Securities analyst Paul Checkett said that Capita's strong pipeline leaves the company well-positioned to reap the benefits of sector growth. The business process outsourcing market is forecast to grow 10% annually until 2011, and Capita has a 22% market share. Oriel maintained its buy rating and 683 pence price target on the shares.

[trt] 29/2/2008 12:27

"On the basis of the group's 'excellent business model, and significant, under-exploited markets', Landsbanki remains a buyer of the shares and retains its price target of 836p."

[trt] 29/2/2008 12:06

Panmure Gordon - Reiteration in advance of upgrade no doubt

[brain smiley] 29/2/2008 11:31

Panmure has had a buy and a £10 target for many months.

[oscar000] 29/2/2008 11:15

excellent news, they should start rising over the next few days