Member Info for NewSid

The sale of ess is a positive step but will only make a small dent in the debt level.

Please correct me if my information below is inaccurate:
Debt: £1.437b
Equity: £0.0871b
Cash and equivalent: £0.7583b
Net from ESS sale: £0.29b
Current position: 1.437 - 0.0871 - 0.7583 -0.290 = £0.3016b ( circa 300 million in debt)

CPI is expected to become profitable in 2023.

Capita's best bet now is to focus on winning more contracts and manage their expense ratio better, for the SP to make a significant leap. I remain confident it will.

GLA

"Nevertheless I think the risk/reward profile on BT equity tips broadly to upside hence I reiterate: ‘Buy’."

https://www.ii.co.uk/analysis-commentary/stockwatch-can-we-trust-bts-new-dividend-promise-ii514021?utm_source=newsletter&utm_medium=email&utm_campaign=Afternoon_round_up_newsletter_new_template_03112020&utm_content=newsletter&spMailingID=11033723&spUserID=MzkyNTQ5MjE3MTgzS0&spJobID=1630336024&spReportId=MTYzMDMzNjAyNAS2

I’m heavily invested in this SP but decided not to catch the falling knife anymore and spend my money on one of the many ‘safer’ and good potential stocks out there.
I’ve been following this board for a while and most of the posts have been PIs trying to desperately predict the next move of CPI and its impact on SP, and giving each other here some anaesthesia and comfort.
I blame CPI’s PR for the total radio silence and I hope there would be good reasons behind that madness and have now lost total faith in this st*p*d company and its BoD.
Well done GS for rating this as “conviction buy”

GLA

@danielh
You are right bout the div. VOD's debt to equity ratio has increased from 51.6% to 110.6% over the past 5 years which makes the div payment very questionable, but the forecasted annual earnings growth is >30% and future div payment will be justifiable.

Blue-chip stocks including Barclays (LSE:BARC), Vodafone (LSE:VOD) and BAT (LSE:BATS) were today named on a City bank’s 22-strong list of Europe’s best value opportunities.
Vodafone shares: 8% dividend yield and potential to double
Analysts at Deutsche Bank think Voda shares should be trading at 230p, particularly in light of the company’s ability to continue paying a healthy dividend.

@eatstocks
what are the support levels? and what do you predict will happen next?

https://www.bloomberg.com/news/articles/2020-10-15/capita-said-to-get-lower-than-expected-bids-for-school-tech-unit-kgard0fy

@Loninvestor
I can get a quote with Halifax @ 141.137p, was 139.66p 20 min ago

I thought the whole idea of consolidation was to minimise the volatility of the SP, which has been like a yoyo, but so far it doesn’t seem to have done the trick.
Has the market got this SP totally wrong!!! If you look at the fundamental: only 120.5% debt/equity ratio, much healthier than the majority of other companies this year and that’s without Sir R’s capital injection. The growth forecast is 60% a year, also the competition in the cruise industry is continuously shrinking and mainstream insurance companies have had negative media coverage this year.
I’m now 50% down but I really think this is massively undervalued SP and people who can hold will be rewarded substantially.
GLA

Interesting! shorts closed yesterday
https://shorttracker.co.uk/company/GB00BLT1Y088/
Heading north now IMHO

Many thanks, all. I see your points

GLA

Hi all, I see very sharp and informed people on this board and I would appreciate your advice here. I hold circa 24k shares averaging @ 18.3p and now have the option of the open offer.
My dilemma is which option to go for;
• Take up the open offer @12p
• Buy in the open market when the price + trading cost fluctuate below 12p.
• Wait until after the consolidation and bet on the % price going down, as they normally do after consolidation if the SP
remains at the current level.
Which option do you see the most viable?
Many thanks in advance.
GLA

@OWLS
That IC article was published last month when the SP was higher.
Capita has consistently demonstrated its ability to win contracts, albeit not at the desired profit margin. It also has >60k strong workforce.
All that is needed is competent leadership.
Capita SP is now extremely attractive for big consultancies who are looking for M&A to grow quickly.
GLA

Slownsteady
"Price manipulation of the kind you are suggesting will happen is a jailable offence."

So is $2tn dodgy transactions as per the news today, but sh*t happens. Those of you who think this is a fair and straight game are living cloud cuckoo land

I totally agree with Pianista and I'm doing the same

Looking at the pattern and trajectory, I would be very surprised if the sp would hold above 12p until 25th Sept.
I sincerely hope that BOD have something up their sleeves to boost the SP & now is the time to do it.

Hard to believe! but the charts tell otherwise

https://www.ii.co.uk/analysis-commentary/chart-week-bombed-out-bt-finally-massive-buy-ii511608

Goog luck holders

Glassdoor is one of many things I look at when investing in companies like Capita. Capita’s biggest asset is their people and unhappy people = unsuccessful organisation. According to Glassdoor only 50% of employees would recommend capita to a friend and the CEO’s approval rating is not the best.
Sadly, and against my better judgment, I’m now heavily invested in capita now and down significantly. Goldman Sachs rated them “Conviction Buy” a couple of months ago

I genuinely believe in this ship but needs a new captain to navigate them out of stormy waters.