Capita Share Discussion Threads

[trt] 03/10/2008 07:57

I have looked at ASOS before but can't help thinking eventually consumers will tighten their belts considerably and sales will tail off even those online sales. At the end of the day ASOS is still a retailer and no one holds retailing shares these days ?? - maybe this is reflected in the current share price which has fallen from over £4.00 to closer to £3.00 in a month.

regards
trt

[bigbigdave] 02/10/2008 21:46

Yep, maybe another test of 640-650. Good call mmx.
The bounce from there was swift last time.
Cannot think of many other stocks which have stayed in trading range of 640 to 800 in the last 12 months.

Then again there is ASC, but thats in a different category.

[trickyboyfish] 02/10/2008 19:47

Good call chaps ;) Looks like im going to be in no hurry to sell these now.

[mmx trader] 02/10/2008 15:26

feeling good trt. at least some of your losses are covered and you can re-invest on buying real stock.

[trt] 02/10/2008 13:29

Mind you i didn't think we would get to £6.50 today but the share price is dropping pretty quick now !!!

[trt] 02/10/2008 10:20

mmx - thanks

[mmx trader] 02/10/2008 10:11

good luck trt.
trade with care

[trt] 02/10/2008 09:53

I have to say I am disappointed at how the share price is struggling to stay at or above the £7.00 level. There are still doubts in the stock market concerning the US bailout and if it will get passed on Friday which really concerns me. The vote won't come until after the UK market closes at 4.30pm so if they vote it out we could see a very very bad UK market on Monday morning.
For the above reasons I have now gone short on Capita expecting a retracement to £6.50 or pehaps £6.30ish

[mmx trader] 02/10/2008 09:40

Trickyboyfish
I will be trading short on this one for a while.
i can see this going to 720-730 but should pull back extremely fast. (just a technical point!)

[bountyhunter] 01/10/2008 18:55

looking at the longer term chart £7 has been both support and resistance in the past so could well be support now and if the latest US plan is voted through tonight by the Senate we could well see the start of a market recovery across the board

[trickyboyfish] 01/10/2008 18:08

mmx - i see your point - a possible double top bounce, bottom level support of around 630. The williams %r is also below the 50% mark so if I was trading this now then I would either go to cash or short. Unfortunately im still locked into the sharesave. :(

[trt] 01/10/2008 18:00

mmx - I am long because if the US bailout gets approved this week we should then see the DOW move haead strongly and take other world stock markets up with it.

regards

[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.