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Share Name Share Symbol Market Type Share ISIN Share Description
Capital Limited LSE:CAPD London Ordinary Share BMG022411000 COMM SHS USD0.0001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.64% 60.00 58.00 60.00 59.50 59.00 59.00 92,340 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 86.6 11.0 5.8 10.8 113

Capital Share Discussion Threads

Showing 2176 to 2200 of 2400 messages
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DateSubjectAuthorDiscuss
30/12/2020
16:19
Er....I posted this only recently from the news wires re Berenberg - note that they've raised CAPD's earnings substantially as a result of this "transformational" deal, and have a Buy and a 103p target: "Berenberg have today reiterated their Buy and 103p target for CAPD per this from the news wires, and have raised forecasts as follows: "Berenberg reinstated coverage of drilling services firm Capital, believing its recent contract for Sukari gold mine to be "transformational". The bank kept its Buy rating and 103 pence price target. Capital shares were down 0.8% at 59.01p in London on Wednesday, down 10% in the year-to-date. At the start of December, FTSE 250-listed gold miner Centamin said it had awarded an contract for waste stripping in the open pit at the Sukari gold mine in Egypt to Capital. Mauritius-based Capital said the new open pit waste mining services contract, together with the extension and expansion of an existing drilling contract at Sukari, will bring USD235 million to USD260 million in incremental revenue over the four years starting January 1. Berenberg said the contract offers the firm its first step into a USD1 billion-per-year contract mining business in Africa, not only providing a material revenue boost but also a springboard for growth with new contract wins. The contract mining business diversifies revenue from drilling to other mine services and offers scope for a multiple re-rate in line with full-service contractor peers, the German bank believes. After raising USD40 million, Berenberg thinks Capital has more than enough financial firepower to fund its Sukari commitments, and this should offer flexibility to tender for new contracts. This would add further top-line, earnings and free cash flow growth. The broker lifted its sales estimate for 2021 to USD189 million from USD149 million previously, and for 2022 lifted its forecast to GBP226 million from USD149 million. Berenberg's earnings before interest and tax forecast for 2021 was bumped up to GBP29 million from GBP25 million, and for 2022 to GBP36 million from GBP25 million. "We think 2021 will be a transformational year for Capital and believe there is meaningful share price upside; we remain Buy-rated," said Berenberg."
rivaldo
30/12/2020
15:48
ps the best broker on CAPD that I get research for is berenberg. They are saying net income next year will be down 10% with a big rise in depreciation expense because this year there was a benefit from that from a change that was a bit superficial. with dilution from the equity raising they have earnings next year down 30% per share. and then you have high capex to ramp up the sukari deal. So 2021 will be weaker net income despite big rise in revenue, earnings a share down 30% and cash flow weak. the long term story may be good but I dislike it due to more contractor work. But the stock aint gonna even double with those forecasts. see where this is this time next year I think is the right gameplan and then you get the benefit to see if the gold price is a flash in the pan if the pandemic ends and it reverses out of its bull market (we pray!)
solooiler
30/12/2020
15:46
Two posts in the lastly 6 days as far as I can see, one from Dangercapital in response to his highest conviction holding going into the new year (not a surprise based on his well informed views here) and one from me saying I topped up yesterday. Good luck with wherever you chose to invest the proceeds from your sale of CAPD btw
otemple3
30/12/2020
15:41
you may be right but a few well known people on private twitter and telegram groups. some are pump and dump merchants. some calling for a 4x gain next year, which would put this on a ridiculous pe and probably make it the most expensive contractor in any sector. others saying minimum 2.5x and some 2 to 3x. Whether it turns out to be right or wrong this is hot money that will exit as quickly as it enters.. dont fomo any stock especially when being pumped on high volumes
solooiler
30/12/2020
15:36
Easily the least mentioned stock in my portfolio on twitter so not sure where that is from. Price looked far to cheap since before the deal and looks cheaper after imho, but keen to see updated broker notes after the Jan update. Very happy holding here (hence topping up yesterday) and can easily see 100% upside in next 12 months if they continue to deliver
otemple3
30/12/2020
15:31
concerted twitter ramping of this stock all of a sudden in the last few days and stock buy price now up 10% on the back of it. Nice spike. Beware.
solooiler
30/12/2020
15:28
Thanks for that riv, interesting stuff.
hastings
30/12/2020
13:52
Here's an interview with the CEO from only 3 weeks ago which hasn't been posted here before. Confirmation that (1) there'll be a trading update in "early January", (2) " a lot of tendering activity going on", and (3) "hopeful that there'll be further announcements in the next six months with respect to new business opportunities that we've secured": Https://www.youtube.com/watch?v=7oxAPddJLE0
rivaldo
30/12/2020
11:02
Part of my top 5 in 2021 stockopedia challenge. Don't want it going any higher till Jan 1st please MMs.
earwacks
30/12/2020
10:06
Good to see relatively small buying causing another tick up, with buyers paying the full offer price. Bodes well again.
rivaldo
29/12/2020
17:10
CAPD are expanding into mining services which is a huge growth opportunity and cross selling from pure drilling activities is a natural progression to grow the business and deepen client relationships. Interesting view though Solooiler and it forces me to re-evaluate so always useful to hear. Upon reflection my conviction is now higher post placing than pre placing and i have also topped up today.
rimau1
29/12/2020
16:12
Solooiler - CAPD is and always has been a contractor. I suspect this will make some 2021 tip lists so there will be some non-trading stimuli to the bid as a near term catalyst.
hpcg
29/12/2020
15:44
I've doubled my holding today as am expecting a very positive update in a few weeks followed hopefully by some credible broker notes highlighting how transformational this deal is.....
otemple3
29/12/2020
15:07
Good luck to you. I completely disagree - but that's what makes a market. Yep, risk is increased, and returns are increased commensurately. And COVID is impacting everywhere, but CAPD has managed superbly so far. Given today's price movement, the hope is that the seller is now cleared out. I note that current buyers are essentially paying the full 63p offer price - another good sign. If that's so, there could be up to 70% or so very quick upside from here imo assuming things go as planned.
rivaldo
29/12/2020
14:51
Taken the rise to sell my holding. I don't like the deal and all the risks around becoming a full scale operator. It makes them more like a contractor IMO and more prone to blow ups. Africa will be the back of the queue for vaccinations sadly.
solooiler
29/12/2020
14:24
Added another tranche...trading update soon.
miti 1000
29/12/2020
12:00
It would be great if the overhang has gone - hopefully then some catching up to do after transformational news. Recent interview implied there could be more news to come with a bit of luck.
yasrub
29/12/2020
11:36
At last - buyers now paying the full 60p offer price. Is this finally the end of the overhang?!!
rivaldo
29/12/2020
07:52
Reasssuring too that it's River & Mercantile as the RNS of 26th Nov had them going below 5% which at the time made one suspect they might be selling down.
gleach23
29/12/2020
07:15
Another institution increases its stake - River & Mercantile are up to 5.04%, or 9.5m shares: Https://uk.advfn.com/stock-market/london/capital-CAPD/share-news/Capital-Limited-Notification-of-Major-Holdings/83986915
rivaldo
24/12/2020
07:15
Good to see another heavyweight institution on board....ie. Lombard Odier.Will be interesting to which other big boys boys have taken a stake in this placing. They will clear out any residual sellers in the next 6 months imo.
miti 1000
23/12/2020
16:03
Mali Lithium is now called Firefinch ASX:FFX and Graphex Mining is now Marvel ASX:MVL, the holding may have changed slightly on some as CAPD have bought into a couple of placings.
dangersimpson2
23/12/2020
15:19
Just read the header.. :-)) tee hee ;-)
kinbasket
23/12/2020
15:07
rivaldo, thank you for the Berenberg update.
shanklin
23/12/2020
15:03
"Au contraire, the dilution from the placing would ordinarily have reduced the target price, so this could be said to be an upgrade" Quite agree Riv.
masurenguy
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