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Capita apparently showing the following trade volumes after hour on ADVFN
Click on the link to see the after hour trade volumes https://ibb.co/jWwthvS
Buy: 11,772,501
Sell: 7,359,779
Unknown: 69,266
I'm indeed aligning with Capitalizer too. Great post. I just don't get those one that keep posting about cpi going to be
another Carillion company. Adolfo Hernandez is a younger man than Jon Lewis and has plenty going for himself.
Don't be under any illusions. This is the beginning of the end. Gladly take your preferred seat and enjoy the climb back
to the top. There only one Capita and that's Capita Plc. Cheers
top.
Oh well Franalex
I really don't think so. There's nothing happening with the running of capita that would suggest ending like Carillion.
I would say that if your wish to place a trade in cpi, then do it today or pay much more over the next days to come.
GLA
Added me too bubbles59 at 14.77p
More cash in place if cpi wants to go for further down deep diving.
Looking at the current trading volumes, it looks like the MM's have managed to create a decent interest in cpi.
They know how to make bargain market.
Although the volumes figures are a mixed bag, I shall say it anyway.
Buy Volumes appearing to be: 8,608,434
Sell Volumes appearing to be: 5,559,269
Unknown Volumes appearing to be: 69,266
All the above mentioned could be near enough accurate with some off-book trades too.
Not bother much gotoutjustintime
just relax guys.
There is almost 10.5 million trades gone through already. I can see us getting pulled up sometime today or tomorrow morning. I may be 1 penny down, but who can ever get the top or the bottom. I did think last week that it was risky to join in, but here I am. Big deal. I've been in much much worse waters with cpi than 1 penny down insofar.
Plenty options to buy stocks that have just dropped already over 11% and make your money back if you dare to; obviously. I'm quite happy to sit it out here. But others should look at currys now before she bounces up.
Come on cpi. Rise up and let's make some money 😙🤑🙏
Dealing charges are only tiny amount when selling up. I will trade cpi as much as possible and hope to cash in a few thousands in between the possible sporadic climbs and drops that is waiting ahead in particularly for those that have joined from mid 15s.
Let's see. Time will tell if I've invested in a dud stock that could backfire or will it at least gain a few pences here and there over the next weeks.
Anybody wanna guess when will NoFear at what price will exit once we get a proper bounce hopefully sometime next week?
Will be at 16,16.77,16.97,17,17.77,17.97,18,18.35,18.77p or where do you all think I will exit first time before I eat sleep and repeat hopefully for a second and maybe a third time?
Anyone wanna guess?😙
UT in at 17.73p showing on the sell side box on ADVFN
Insofar 'apparently' showing the following trading volumes
1,179,191 UT sell side plus 5,181,023 equal to insofar 6,360,214
Buy side showing insofar 6,557,138
Happy Ladies day
The only rating I could find was from RBC posted on the 6th March 2024
I've uploaded a screenshot from an internal page behind a paywall on their website https://ibb.co/612Sz9X
6-March-2024
Analyst(s) Andrew Brooke, Karl Green
Rating : Sector Perform
Price Target: p23
Market Price: p20.18
Rating Direction: Reiterate
Hi AimMaster2018. I'm watching cpi very closely. Not sure yet.
[Capitalising on a more streamlined business]
7 March 2024 [Read this Edison Quick report]
Click and view it online for free https://t.ly/2VFb0
Capita faced numerous cash drags in FY23, notably £20m in costs
associated with a cyber incident, a £30m pension deficit contribution and a
£20m increase in technology capex, which depressed the adjusted free
cash outflow before disposals to £116m (£42.4m outflow in FY22). Despite
these challenges, the implementation of a rigorous cost efficiency
programme and the strategic divestment of non-core assets have the
potential to fuel a turnaround. Some £160m of annualised cost savings are
expected to be realised by mid-2025 (part reinvested for growth), aimed at
bolstering a significant improvement in operating margins. As margins
improve, shifting to faster-growing market segments with a more
competitive cost base could catalyse a reduction in the valuation discount.
FY23 faced with numerous obstacles.
FY23 results appear severely depressed, affected by one-off items of £42m in
goodwill impairment on business exits, £25m in cyber incident costs and £54.4m in
cost reduction expenses, with EBITDA decreasing 39% y-o-y to £144.5m and a
reported loss before tax of £106m (FY22 PBT: £61.4m). Nevertheless, these costs
mask the underlying growth in contracts such as Personal Independence
Payments, alongside a commercial settlement, with adjusted, continuing PBT
increasing 14% y-o-y to £56.5m. The company saw sustained contract momentum,
with a year-end total contract value of £3.1bn (FY22: £2.6bn); key contract wins
include a 10-year contract to manage the Civil Service Pension Scheme and
incremental scopes of work to deliver the FAS and the DSA.
The road to positive sustainable cash flow Capita is undergoing a transformation phase,
with the completed sale of its 75%stake in Fera Science for £62m in cash, marking the final
disposal of the Portfolio division and enabling the streamlined business to focus on its two
core divisions. In addition, in FY23 Capita paid £30m of regular pension deficit contributions
and will pay a further £21m in FY24, with zero payments in FY25 and beyond. Its rigorous
cost restructuring programme, which aims to save c £160m on an annualised basis
(£60m to be delivered from Q124 and an incremental £100m by mid-2025, part of
which will be reinvested for growth), should support significant margin recovery.
Valuation: Seeds sown for a potential recovery. A substantial downward trend in EPS has
driven Capita’s share price to fall c 90% since January 2020, currently trading on a consensus
2025e P/E of 3.6x (a c 60% discount to peers). Its extensive cost restructuring programme, and
now more streamlined business model, could catalyse a reduction in the valuation discount.
[Disclaimer]
EDISON QUICKVIEWS ARE NORMALLY ONE-OFF
PUBLICATIONS WITH NO COMMITMENT TO
W
6th March 2024 - Financial Times
[Capita shares tumble as it reports £107mn loss London-listed] outsourcing group expands cost-cutting programme.
Capita has slumped to a bigger than expected annual loss, sending shares in one of the UK’s largest outsourcers down by a fifth.
The results were hit by £25mn of costs tied to a series of cyber incidents as well as the expense of exiting various businesses, the group said on Wednesday.
Read the entire Capita Financial Times news article for free here without the paywall.
https://archive.ph/2024.03.06-103707/https://www.ft.com/content/6a10aac1-bc07-448c-90e9-ad9969f95e8a
Good Evening Trisor
Those large trades and all the other smaller trades that you should be able to see also on the lse trades summary page, are shown on ADVFN from 17:12:41 time to 18:09:05 time as after hours Buy trades.
Best of luck with your cpi share position. Catch you all tomorrow sharp at 8am