Member Info for Culley01

Consumer Price index has an update due 17th December but I can’t find any announcements re Capita

Mind you considering nearly2% of company sold price held up relatively well

After a brief period of sensible comments & relatively little mud slinging we seem to have degenerated into a rather nasty children’s playground again.

Max - i think you’re right & I was thinking that perhaps CPI aren’t going to make a December statement & wait until the March Y/E results when they can give future guidance & result of first 2 months trading of the new year showing hopefully a cash positive figure with a few more contract wins, improving margins etc

Kipper - any positive analysis of CPI ( even if it is old news) is good news as it widens the appeal & makes more investors aware of CPI & it’s potential & that’s good for the SP

I do get some of what Aim is saying.

We know that the headline figures are going to show a substantial loss, reduced turnover & increased debt.

The underlying figures, which will be reflected in the half year results should be very positive.

Whilst the underlying figures will make us ( hopefully) & the likes of RS confident the wider tranche of investors are unlikely to come on board until we see profit in the accounts - & a dividend announcement.

I think the SP could go either way depending on figures re FCF, contract wins, margin improvement etc

I think a lot of the tiny trades are triggered by automatic sells when an investor has a portfolio of shares & wishes to take a regular monthly income & sales are spread through all the portfolio.

3 weeks to anticipated results date but no date announced by Capita.

Definitely waiting for something to materialise.

FCF not yet achieved? Or something really positive?

Trenners Simpiles Presumably AH will be working hard on reducing costs for this contract & hence minimising losses & the Downey needed

I get the feeling that Capita are waiting for some thing to come through ( FCF, Disposal of loss making business, big contract win etc) before announcing a date

Trisor nothing announced by Capita so far

Certainly possible but we’ve seen rises shortly after results followed by a fall back in quick succession.

We keep thinking it’s different this time ( & I hope it is) but I won’t be counting on it.

More likely a £5 value post August results ( or June statement) & that will do me fine

Just got a reply from Stephanie at IR & she confirmed no date yet set for December update but she expects it to be similar to previous years

I’m wondering if we are going to get a December update. Seems a bit late to announce it & there is a statement due Feb20 re Q4

If it’s Schroeder’s could it be a way of building substantial holdings without alerting the market prior to a takeover bid?

If it is I hope it will be at least £9.00

Very positive,along with Rockwell & others looking to build substantial holdings before a rerating. Could be December but more likely June/August half year figures

Trenners I am a bit more conservative than you with just over 50,000 shares for the long term. However I do a little bit of short term trading & that’s where I’m finding predictions difficult. Hopefully in a years time we’ll both be sitting pretty. My guess is a minimum of £6.00 & hopefully more in 12 - 15 months

I must say I’m totally flumuxed on where the short term SP is going.

Do I stick by my current buy order (was 2.95 but now lowered to 2.85).

Will the SP move up - or down - prior to results.

Will this year’s results move the SP up or as usual after an initial rise fall again.

Answers on a post card please.

Long term I’m still confident as the June statement & August results will be the first for years showing a profit

I suspect,as Ofgem have been critiqued heavily in the last year for allowing prices to rise, they’re trying to prove they’ve got teeth

Kipper are the cabinet office saying they’ve changed their mind (just before handover) & decided Capita aren’t ready? & that they could delay/cancel the handover. If so probably lining themselves up for a massive claim from Capita for defaulting on a contract?