Capita Share Discussion Threads

[mmx trader] 01/10/2008 16:24

trt - i dont trade long term and have nothing against that. i'm just trading the ups and downs and i think this is on its way down. I mentioned 630 and thats where is going. i think.

good luck

[trt] 01/10/2008 16:20

Don't call me short please I am in fact very long !!

[mmx trader] 01/10/2008 16:09

...keep shorting people

[sks999] 01/10/2008 13:53

Trickboy no I don't work for them but I do have a lot of outsourcing experience, UK and international. Sorry to be off topic to others. Have been a long term holder in this company and its generated a bit of wealth for me. Not as much as those on share options though! Have to be impressed when compared with those that started out the same sort of time.

[bigbigdave] 01/10/2008 12:52

Apparently Mr Pindar is in India today for the launch of Capta India - takeover from Prudential.

[trt] 30/9/2008 14:36

Dangerous - DOW surging upwards !!!!

[mmx trader] 30/9/2008 12:40

just shorted again at 705

[trt] 30/9/2008 08:23

Drip feed money into the market thats what I try and do - buy every so often

[bigbigdave] 30/9/2008 07:51

Fasten seatbelts today chaps.
A buying opportunity awaits, tho f knows when 8-)

[trickyboyfish] 29/9/2008 18:24

MMX- Good Call although I think in the medium to long term, the upward trend continues.

[trickyboyfish] 29/9/2008 18:22

SKS999 - Do you work for Capita too? And if so are you involved in the overseas operations?

[oscar000] 29/9/2008 17:25

mmx you are correct, well done.

[trt] 29/9/2008 15:11

Just topped up yet again. This really is a safe haven in such markets.

[sks999] 29/9/2008 14:55

Trickboy, outsourcing to Mumbai does not necessarily equate to valuing price over quality. It is of course the motivation but I would challenge the supposition that that autmatically equates to a worse service.

[trt] 29/9/2008 11:52

Its just following the FTSE 100 trend today - still seen as a good safe haven though, with a chance to top up again.

[mmx trader] 29/9/2008 11:49

I think its due for a pull back, 695 is what im expecting, then will se how market reacts to that. 720 daily support has been broken but the real support is 695. trading below that and my 630 could be reality.

695 is my current target.

[trickyboyfish] 29/9/2008 11:43

Cheers MMX - I see the £720 support was broken this morning but seems to have recovered. A bit of a blood bath again today.

[mmx trader] 29/9/2008 10:50

Trickyboyfish

I use CFD's

[trt] 28/9/2008 19:31

I noticed in todays Mail On Sunday in an article in the financial section about the current turmoil in the markets Sam Morse from Fidelity Investments states ": I have substantial holdings in the support services sector. Many of these companies benefit from the trend towards outsourcing in difficult times. Examples include Capita, Serco, Bunzl, Intertek and MITIE.

[trickyboyfish] 26/9/2008 20:24

OK - You know my position ;)Hate em, but I wouldnt go short right now, and this is why.

Firstly there is the big W double bottom bounce - trend reversal.
Secondly there was the recent breakout of pennant flag formation which despite todays loss is still intact.
Thirdly - The Williams%R(24) remains above the -50% mark which signals that the uptrend is still intact,
And Finally the Triple Moving Averages (EMA) are all crossed over and in sequence from top to bottom - Short (blue) Medium (red) Long (green). The last time they arranged themselves in this sequence was mid 2006 which was followed by a long steady period of rises.

If a double top is going to form here it will be around the £8.00 level from the point of the credit crunch last year and subsequent down trend.



Good Luck all - long and short ;)

MMX - I guess you are using spread betting? Can you close positions or do you get guaranteed stop losses?

[oscar000] 26/9/2008 17:25

I was wrong, if there is a settlement in the us could see significant rally monday?

[trickyboyfish] 26/9/2008 16:24

Well the 7.20 was tested 4 times intraday - New support level I think.

[trt] 26/9/2008 16:09

I think we might get back to £7.35 - £7.40 this afternoon. Glad I bought on weakness this morning and if the US bailout is agreed over the weekend we should open significantly higher on Monday - buy in before everyone else tries too I always say !!!

[oscar000] 26/9/2008 13:39

dont think so not today imho

[trickyboyfish] 26/9/2008 11:56

Cheers mmx

Bounced off 7.20 again - Pending on how America opens we should see a rally here to around 7.35 to 7.40 this afternoon.