Member Info for Arthuretta

Interesting share, trading below book value, price dropping despite share buybacks. Certainly looks like one to watch, the charts could turn positive soon in my opinion. I have opened a small position which I may add to. Seems like a fairly decent business that is currently out of favour.

@mofear I have invested in this long term for the “potential” dividends down the road, so yes whilst 30p would be nice to add to the paper profit, it’s irrelevant if you have no intention of selling. I am sure you will get it soon.

It’s on on capitas website but on bidstat the same contract was announced back on December 8th I think.

Is that the same contract renewal that was announced back in December on bidstat? Why so long to RNS?

@nic62 with no news there is not much more to say about the business, we all know (believe) this is hugely undervalued, but obviously the market currently doesn't agree. Without any new news it will be the trades that move the price here short term in my opinion, and by trying to understand those trading patterns it gives those of us who want to top up confidence to buy more shares here at what we believe is bargain prices. I don't really care if this goes over 30p next week or back to 25p, my time frame is 5 to 10 years or more.

On the news front we have had five more contract wins so far this year, but with a total value of just under 1m they are not really market moving contracts. Hopefully we will get a big win soon or sell another business.

This is now trading significantly above both the 50 and 200 day moving averages, with the 50day crossing the 200day at the end of October (bullish). The 50Day indicator should now be the (ever increasing) support level from here on, so max drop based on that would be to just over 25p provide the bullish trend continues. That's my view anyway.

I don’t think they would, NOFEAR is reading too much into it. RWC are a long term value investor, who have actively engaged with the capita management team over the past couple of years to align the companies goals with shareholders interests. Don’t some of the open ended funds they run have to sell/buy shares based on redemption levels? They just happen to have a holding that sits directly on a notifiable level, so minor adjustments keep getting reported.

398,754 is NOT almost 4 million

@successtothebrave volumes actually look above average so far this week to me, and all the indicators have turned bullish on this in my opinion. Good luck with getting back in much lower than current price. I for one am hoping this is now the beginning of a genuine recovery rally and wont be risking selling any time soon for a miserly 10%. Potential here is huge with this trading at not much more than book value. One more bit of good news and fingers crossed we will be saying goodbye to the 20's forever.

What makes me laugh, is this company made £462M from by disposing of 4 "non core" businesses in this year alone, and is now virtually debit free, and yet the markets are pricing the remaining "core" business at just £400m.... seems like there must be a lot of unrecognized value locked up in that core business and is screaming value to me.

@capitilizer guess I am talking more about their views on the price target, but you have to admit there are some big variations on some of expected figures, so as long as capita hits somewhere between the high and low I doubt they have to say anything, someone may correct me. All I know is a lot of these analysts have got it completely wrong in the past, so I pay very little attention to what they say.

You have to take the analysts views with a pinch of salt, but the recent one from Robin Speakman at shore capital is worth a read. He has been bearish on capita for years and was one of the few to recommend selling before the rights issue. He now sees light at the end of the tunnel. Someone has posted the note over on ADVFN

Totally agree @nic62. Having traded it a bit I'm now in this long term having bought between 21 and 25p over the last 9 months with a decent average of 23. No point watching it every day, time to enjoy Christmas and check back on 3rd March. The update was as expected, whilst the market had priced in a nasty surprise in my opinion. In 5 to 10 years I see this as a multi bagger paying a decent divvy.

Congrats to all those who were brave enough to top up over the last few days, looks like recent sellers are scrambling to get back in.

NOFEAR being fearful about capitas future… time to pile in…

Shot in the dark 25.5p from me, would be happy with that having been tempted to buy more again yesterday. Hopefully any nasty surprises have already been priced in.

I am getting nervous too, but just added a small amount more to my pension, hope I don't regret it.

No such thing as easy money, a bit irresponsible to be recommending margin trading on here in my opinion, and from the guy who attacks anyone who dares suggest trading or short this.

Current share price weakness suggests markets are expecting some disappointing news in the update… let’s hope we don’t get the same reaction as we did to last Decembers update.

What looked like a promising rally has all but been wiped out, very disappointing.