Member Info for HHH81

Great analysis Billy Bob 😂

FFS

Lordy, I see your point, but.... the attraction is if you have £3billion of revenues per year (arguably achieving the hard part of any business) the issue then becomes cost control / efficiency / reducing debt / implementing AI etc.

If you make a small dent into any of these areas the profitability (FCF, PE ratios etc whatever measure you wish to take) goes through the roof very quickly. Capita is still priced to fail, when it seems that the debt is under control. Costs are being lowered (redundancies) and contracts still won at a good rate.

I can only see it being investor apathy towards Capita as to why it is 20p, given everything that has changed for the positive since Covid. Interest rates are obviously a lot worse, and Capita has been sensitive to these. Whether or not that is warranted who knows.

My view is, when they can prove even the smallest profit and dividends are talked about, the share will rise very quickly to £1. But we will need to see the figures on paper first, rather than speculation.

It's very hard to see how they could get a fine for being hacked IMO. If cyber warfare is used by Russians, and they hack every company in the UK, does everyone get a fine? Hopefully the ICO will distinguish between negligence, and what seems to be a state backed cyber war attack that not even our own police service could avoid. Given we pay taxes to fund GCHQ who have effectively allowed these operations to take place across the board, maybe we will even get compensation from them for reputational damage ;)

Probably the same reason as a week ago when it went to 21.5 on good news, and then straight back down.

People have a very fragile confidence in the share from experience.

How's your short doing?

Or they may announce that most major institutions in the UK were hacked by the Russians, and that the failure of Capita to deter the hackers that our own police could not stop isn't fine worthy, and the blame lies firmly at the door of UK cyber security. Hence no fine, and the drop from 42p wasn't justified at all.

Capita is still priced to fail, which given all of the recent news seems highly unlikely, and therefore one shred of good news on profits / FCF / dividends will send it back to "normal, not going to fail" levels.

It seems such a good opportunity in the medium term it is hard to understand why there isn't more attention here...

Bruv, Hexam is spot on. You always throw your toys out of the pram when someone who can read accounts makes your glorified google searching look stupid.

Lol. Don't feel threatened Nofear.

Until costs are cut, we can win as many contracts as we like. Too much property and people involved at Capita, need to cut both and use AI so that these big sources of income turn into profits. I hope Adolpho announces this as his plan. The reason the SP is always so fragile despite the good news is Capita has never managed costs well.

JL just wanted to swan around like David Brent. Hopefully Adolpho is more business minded.

hopefully adolpho comes in, makes massive redundancies, reduces costs and all these great contract wins can actually produce some profit to pay dividends. if he follows jl's approach of just being popular with the staff, without giving a **** about the profitability figures, then we will just be stuck in this limbo no matter how many contracts are won.

Like I said, I feel sorry for you.
My experience of anyone that's made real money is that they rarely talk about it. You sound like you've lost here and are bearing a grudge.
Your life sounds proper ****, based upon the Saturday nights you've posted here.

Hi SimonPassmore, I was intrigued why you spent so much time writing what you do and searched the pyschology of a troll:
"Trolling can cause significant negative effects on the troll, it significantly affects physiological and psychological health such as disturbed sleep, depression, low self-esteem."
No doubt you can relate to a few of these, and I hope that you feel better soon as it must be awful to feel like that.

MrCautious, from what I can gather... the expectation that the sale of the cash generative assets to reduce debt will in turn reduce turnover is the unknown. Is Capita, after the sale of the assets to reduce debt, able to turn a profit, manage its costs and pay interest payments? Can it then afford dividends?
I think the last update did not clarify this, and most assessments thereafter were disappointed as a result. I am still yet to see projections of the core business, and associated costs, highlighting the core business model generating profits, once the planned assets sales have been completed. The fact that institutions are investing again would suggest such information does exist, and no doubt others will have access. I guess there is also a lot of distrust and bad feeling towards Capita after the whole Woodford debacle and losses it has caused people historically.
I am invested, and the reason I have answered is that I have felt the same too. This is the most unbiased explanation I can find as to why Capita hasn't 5 x'd yet.

Ex Etonian Hedge fund managers always make the best Chancellors. So much empathy for the people they serve.

Their millionaire clients.

Odey are of course the employers of the current chancellor, who are also 164% up on shorting Sterling three days before the Mini Budget, when they met their employee for a chat.
No doubt they also have some inside knowledge on Capita too, hence increasing their stake.

Does anyone know much about the Capita pension situation? Is there any defined benefit liability on the balance sheet? I'm trying to work out why the drop today, and all I can think is the drop in gilt prices has added another load of debt to the balance sheet.
Genuine question from someone invested, please don't react hysterically that I'm shorting this purely as I've asked a question that may be a challenge for Capita.

Have you thought about getting off the computer in your parents bedroom and getting outside and making some friends?

Aim, your justifications for shorting are so childish.
"Capita costs up 10.1% - 1.5% NI = 8.85% increase in costs"

Literally just a troll seeking attention now.