Capita Share Discussion Threads

[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?

[oscar000] 11/6/2008 17:38

Capita Group 704-1/2 up 20-1/2
Bullish trading statement

Has anyone seen it?

[bigbigdave] 11/6/2008 16:26

Yep, looking strong on a red day.

Edit - nice finish and a breakout too!

[trt] 11/6/2008 16:26

Well if it is a takeover then we must be looking at £7.80 - £8.00 minimum

[oscar000] 11/6/2008 16:24

Something is happening. Have they been upgraded by anyone today?

[trt] 11/6/2008 16:12

Share price soaring something is occuring - major new contract win announcement or possible takeover of CPI itself by US company being suggested ???

[trt] 05/6/2008 07:51

Capita to buy IBS OpenSystems for 77.7 mln pounds at 187.85 pence per share


LONDON (Thomson Financial) - Capita Group Plc., the UK business process
outsourcing company, on Thursday said it has reached an agreement with IBS
OpenSystems to buy the company for 77.7 million pounds at a price of 187.85
pence per share.
The company said it received irrevocable undertakings and letters of intent
to accept or procure the acceptance of the offer representing about 70.12
percent of the issued share capital, or in respect of over 26 million shares.
Capita said the acquisition of IBS will add to the breadth and depth of
Capita's existing capabilities, particularly in the provision of housing systems
for local authorities and housing associations.
IBS is a provider of software systems and related services for the
management of social housing and the collection and payment of revenues and
benefits to local authorities and housing associations in the UK.
Capita said that IBS shareholders on register as at the close of business on
May 9 were entitled to receive a final dividend payment of 2.15 pence per share,
paid on June 2.

[trt] 04/6/2008 12:01

Looks like CPI is seen as a safe haven once again for investors.
We are approaching the record Interims at the beginning of July.