Member Info for joteller

So does that mean major selling finished?

Exactly Sms1, we are united in our mutual interest.

The BoD need to be removed for their failure to support the share holders. Fire the BoD now!!!

I support a take over by an investment firm.

That is why I support a buy out.
If the board can't reassure their share holders then they should be removed and replaced.
I hope that some big firm buys the whole company for £400m, shuts down the pension pots of Capitas Staff and throws all the BoD and senior management out for incompetency.
The share holders are being help hostage by the BoD trying to fill their pension pots up. As such we the investors need an outside firm to save us.
If the BoD can't show investors that the share will rise within the next few months then we should start a petition if no confidence to remove them!!!!

If the price drops to 15 that's an MCAP of £252m
A USA investment firm could buy up, fire all the senior staff, asset strip and sell off the tech companies and make enough profit from the run rate contracts to pay back the £252m.
Capita's management are now in a very dangerous situation and they need to do something before getting acquired and fired.

Sms1, do you get invited to parties?

We can also see the issues, however you seem to not be seeing how this company is improved vastly and doing what they can to good.

I just don't think it makes any sense for a company with £3b in revenue to have such a low MCAP.

As I've said, a big fund could buy up this whole company, split all the contracts and sell them off and make a ton of money within a year.

Imagine how mad all the investment firms and pensions must be with the share price halfing since December.

Finger crossed we see some big buys next week, the price is insane cheap

The current price action looks like an attack to drive the price down. Given the buys to sells over the past week, it could be a coordinated attack to build a big volume to sell to a large buyer.

The price is not reflecting the nature if the company and its revenue / profit due in 2022. Simply put the price looks like it's being dragged down while market fears are still high.

Looks like a large hiring just started for Tesco Mobile contract, which is good news.

Institutional investors are not flocking to anything at the moment, capita is not an exception.
Alot of firms will be trying to realise profits with the end of the tax year approaching.
However appears that a floor has formed and couple see a large buyer pick up a third of the company for only £120m which is pocket change in the grant scheme of things.

Considering Capitas own pension pot bought 17m shares in December, they have a very big incentive to get the share price back up to make their pension pots worth a lot more, great incentive to the senior staff to drive increase in revenue and profits.

Capita are in a great position, about to get £115m from asset sell and have a much stronger and flexible platform due to the changes in WFH and hiring remote staff.

Glad to had the chance to buy this share so cheap. Look to the climb back to 50's to easily double my money.

GLA DYOR

Does anyone have an idea of how much rented space they have got rid off now that staff can work remotely?

I imagine they would have been winding down lease agreements from mid 2020, and definitely over 2021. So that would be a massive operational saving.

Also, it's not bad for a company to have debt, as long as the interest payments are kept down, and it frees up capital to use for more profit making.

Given how much they turned the ship around and moved into profit for the first time in 6 years, showing growth, and have locked in government and major corporate contracts in place, Capita are looking like a relatively safe and golden opportunity.

DYOR and GLA

"The 7 analysts offering 12 month price targets for Capita PLC have a median target of 55.00, with a high estimate of 70.00 and a low estimate of 21.00. The median estimate represents a 158.95% increase from the last price of 21.24"

Source:
https://markets.ft.com/data/equities/tearsheet/forecasts?s=CPI:LSE#:~:text=Share%20price%20forecast,the%20last%20price%20of%2021.24.

May all your stocks rocket and a fantastic end of week

Wonder if some heavy manipulation in the background and some Tory boys are loading up ready for a big government contract to get announced

Painful to watch as Evey other share bounces back.

FML

That's the feeling it got too lol :D

That's the feeling I got too ????????

A week or 2, anyone have an idea when this will move back up?

Still can't believe it's down here, and considering the past week of more buys than sells.

Can see this pop with a burst upwards.
Company in a great place, loaded and ready for a fantastic 2022!!!!!!!

Just need a couple of big multi £m orders to roll in and back to 30's pronto.
Thus share is starting to heat up!
Get your golden tickets ready, the rocket is being filled and ready for take off!!!!!!!!

DYOR gla