Thanks, slightly nervous about this but hope they clear up the alleged data breaches. Just been reading some posts on twitter about Black Basta offering capita data for sale with a list of information they have. (Twitter obviously not the most reliable source) )
I cant decide if Capita are best saying nothing so as not to feed these criminals egos or if they have a duty to inform the market of any material facts.
No doubt be doing his best. I do think capita need to make a statement though. Its material information that could impact the sp either way so imo that has to be an rns. If they can deny any data theft it could push the sp up. If they announce data loss im sure the shorters will be all over it.
Atm there is decent support every time 35p is on play.
Just read that article about data that black basta claim they have obtained from the hacking. They also say they are going to sell the data. (Part of a blackmail on cpi) The issue is are they as a group of criminals telling the truth. They are clearly not a trustworty, a bunch of blackmailing hackers. They do list specific information which adds some doibt but it could all be BS.
Id like to see CPi come clean on the matter. Either state clearly there has been no theft of personal data - or if there has then dont hide the fact.
Subterfuge is not going to help the sp or their reputation if more information comes to light later. No doubt the press will be all over it so for me honesty is the best policy then put it to bed and let it blow over.
Useful chart here of listed companies by size of mcap. Currently you can see Cpi sit above the automatic qualification for the fte 250 at position 321.
22 companies in the ftse have mcaps lower than Cpi.
Review date im told is 31st May, so if Cpi wish to return to the Ftse they need to maintain current value.
http://www.stockchallenge.co.uk/ftse.php
Cyber threats/hackers constantly evolve and get more sophisticated daily. Im sure CPI will learn from this as other victims of these Criminals will. Not the first big company hit and wont be the last.
No harm done to the share price and it still seems to be consolidating 36-38 area.
Any Good news it will go up, bad news it will go down.
I favour the former.
Whilst its mentioned as a potential MA target in that article, i suspect its due to Capita being so cheap rather than any substance.
Any such take over price would be at least double 60p imo. I don't anticipate it happening though. Capita are turning things around very well under their own steam.
Guys got issues, worried hes ****ed up not getting back in. Clear as day. Put him on filter.
Big 9 % rise yesterday and still holding most off it.
Sit back and wait fir May31st thats the next next Ftse 250 review. Mcap already qualifies i believe. Yet still very low for a company of this magnitude.
JL said last year 97p by July 2023. Lets see, id say 60-70 doable by summer with a fair wind.