Member Info for lsesb

Nice to see a decent investment!

Yup - just add them to filter - you get a bunch of single green lines that give you a warm feeling when you ignore :-)

Https://polaris.brighterir.com/public/capita/news/rns/story/r7pzdjr

We are developing a culture across the Group focused on creating a better company that supports improved profitability and sustainable cash generation. Our £160m of efficiency savings are a good starting point and remain on track to be implemented by Q2 2025. EBIT margins will improve to 6%-8% over the medium-term, leading to sustainable free cash flow generation from 2025 onwards.”

No additional material information on trading or outlook will be disclosed at this afternoon’s event. There is no change to 2024 guidance which, as set out previously, is for adjusted revenue to be broadly in line with 2023, for improved EBIT margins vs 2023 and for a free cash outflow of £70m-£90m.

RNS out - all looks good I think.

They do this every month or two - sell a small amount then another month or so later they buy almost the exact same amount back

AH with another 325,000 shares

Bought another 10K shares at 15.69 when I thought it wouldn't go any lower :-)

Get paid tomorrow and intending to buy another 15K shares while it is low so if there is a huge spike today then it is just the chaos gods messing with me!!

i am hoping so too. i am invested in bab**** and around 4 years ago a new ceo came in. they changed auditors for legal reasons, they wrote off a huge amount that became debt, they also sold off less profitable parts of the company. at one point they got down to around 180 per share and they are currently over 500 so hopefully, although it may take ah a couple of years at least, we might now start moving in the right direction. the first results for the new ceo were also horrendous and i think it is in their favour to paint the worst possible picture then it just looks all the better when things aren't quite as bad as they were forecast. this is, of course, my own thoughts and hopes so please do your own research!!

325,000 shares

Same for me - AM - NF - sharehead. Got sick of the constant pointless posts from them some time ago so just see green boxes and ignore.

Same amount they go up and down by every few weeks

Merry Christmas everyone. Onwards and upwards!!

Didn't see anything terrible - what do folks think?

Happy with that - money where his mouth is!!

Nothing terrible I can see with a quick flick through the report. See what the market thinks

So some law firms are sending out speculative posts/mails trying to drum up business and this is news?

Nice little half billion + contract but I'm sure nofear will find some negatives in there!

25 May 2023

Capita selected as preferred bidder to deliver new Functional Assessment Service

Capita has been confirmed as the preferred bidder to deliver Functional Assessment Service (FAS) assessments in the Midlands and Wales for the Department for Work and Pensions (DWP), and in Northern Ireland for the Department for Communities (DfC).

The two contracts are worth a combined £565m and will run for five years from 2024 to 2029, with an additional option to extend for a further two years.

FAS is a new service that will bring together existing assessment services for disabled people and people with health conditions under a single provider in each geographical region. This will make accessing support simpler and easier for some of society’s most vulnerable people.

Capita will deliver assessments for Personal Independence Payment (PIP), Employment and Support Allowance (ESA) and Universal Credit (UC), as well as a number of specialist benefits including Child Disability Living Allowance (DLA) and Veterans UK assessments.

In the Midlands and Wales, Capita will partner with Maximus, the assessment provider responsible for Health and Disability Assessment Services (HDAS) in Great Britain since 2015.

Jon Lewis, Capita’s Chief Executive Officer, said: “We are proud to have been selected as the preferred bidder to deliver these new contracts, which are central to the Government’s long-term plan for health assessments.

“We will bring our strong track record for delivery in this sector and our relentless focus on quality and claimant experience to this range of benefits. We will also be investing in our health professionals who deliver such a vital public service.”

Capita has been delivering PIP assessments in England and Wales since 2013, and in Northern Ireland since 2016.

Just add him to your filter. When he's invested he ramps incessantly, posting small contract wins etc. When he's out he pummels the stock constantly negative. I find it better to just filter him and not hear anything he says.