Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://uk.news.yahoo.com/coronavirus-capita-to-cut-at-least-200-jobs-153816221.html
Capita is just lazy...it's enjoying lockdown and doesn't want to move up due to probably manipulations, but certainly it is way undervalued, the man in charge of capita has a good track record with previous companies, well educated man and I am sure he knows what he is doing, transportation of business can take time especially when fixing previous wrong doings.
RWC Asset Management - I am sure they know what they are doing by increasing their stake in Capita. I am holding here for long term, target is £1.50, key date is getting nearer and Hopefully Jon Lewis has something positive to say this time.
I am planning to hold until it reaches £1.50p...not sure how long it will take...I was hit hard during financial markets crash in 2008-2009 and now sitting on heavy losses but hope to recover from this stock market crisis. The only negative news with this company is that transformation is taking longer than expected and more funds are required. Hopefully they won't tap shareholders through Right Issues which could really destroy the share price. Hopefully government support will be there as capita have been assisting government during COVID-19. Also, they are signing up new contracts and renewing existing contracts. All depends on the AGM day. Hopefully it will begin to rise until then and shorters will start closing their positions.
Strange share - just been trading between 30p-40p for over 2 months...I really hope this will start rising, the AGM is on 25th June, if they want to keep the company alive then they should say something positive. This share should never be this low in my opinion, it's been manipulated by the shorters, hopefully they will start closing their positions soon. Most of the other shares within this range has already doubled and this one is well lazy.