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Hi Guys,
Just remembered that you've heard first from NoFear this Peel Hunt revised rating that got published on Reuters Europe business news before 9am this morning.
As you can see, the review rating has yet to feed through this lse forum and elsewhere on the other UK shares websites.
Obviously, the MM's are loving it when the 'poor' retail punters are kept in the dark.
The shares discussion websites were quick to drop the 18p RBC downgrade, but not the 24p Peel Hunt downgrade.
Capita [Peel Hunt] Cuts target price to 24penceToday 10:08
Europe Research Roundup
Broker Rating For Capita plc Revised
21st March 2024
Peel Hunt cuts target price to 24pence from 48pence.
Hi Trisor,
Mr Hernández did not give out promises that he cannot guarantee.
Instead, Jon Lewis made us believe back then in that TheTimes article that he would have a dividend in his plans for 2024.
Clearly, Jon Lewis was just buying himself time and was nevertheless negligent in stating that a dividend was in the making comes 2024.
Ceo Adolfo Hernández will not want to end like Jon Lewis and destroy his successful past business turnarounds.
Jon Lewis will go badly go down in history as having failed to turnaround Capita notwithstanding his rights issues raised money and £billion plus of family silver having been sold on top of it that resulted overall making no difference to the company business Outlook and at the same time destroying everyone cpi investment that have placed good faith on his promises.
Nobody has escaped the share price massive devaluation.
I'll be hoping to find out more about who is sitting on the Capita ownership institutional investors register.
Please guys, give me until early next week as I'm in the process of signing up to the institutional investors register that should give us a better understanding as to why cpi crashed so much.
Keep the faith
As seen on ADVFN now
6,516,398 buy volumes apparently
3,421,442 sell volumes apparently
5,031 unknown
And remember that we could have many small new institutional investors registered on the Bloomberg Terminal under the list of Capita Ownership that only need to be under 3% to not requiring to disclose their positions publicly.
Capita IR will for sure have by now built up a nice picture of where everyone and everything is sitting.
So, whilst we might end up in despair not knowing what's going on, they might well be very relaxed as they stay tuned with the latest that only the very privileged can have.
Indeed Kipper9
They do have access to the Bloomberg Terminal and know everything that goes on and who's leaving and who's joining and staying put too.
I actually caught out the previous IR guy Stuart Morgan using outdated data of a position held in Capita by Mercantile River Institutional investor that had already been published on the Bloomberg Terminal as reduced to a very tiny negligible amount, whilst on the Annual Report paper it was still showing as having over 3% held in Capita.
When I questioned him full on during my unannounced phone call arrangement by letting him know I had access to the full register of Institutional investors positions held in Capita using the Bloomberg Terminal, he quickly corrected himself in regards to what had been displayed on the then recently published annual report and in particularly the outdated and incorrectly published position that was by then only 0.04% from an above 3%. He agreed then that River Mercantile was no longer going to be with them and soon they would close the tiny amount left behind.
So, my question is what do they know?
They know everything that comes and goes as the Bloomberg terminal gives them a full picture that we don't get to see. They can also say that no Institutional investors has left or joined if we were to question them as some have done so already in the last few weeks.
The reality is that they wouldn't be buying in with the risk of getting wiped out.
Wonderful Kipper9
As far as my intelligence goes, I don't believe any of the Ceos, Chairman and BoD executives would be wanting to buy a ticket for a cruise liner trip that would end up like the titanic.
All the recent purchases are very supportive for us retail punters although not entirely capable and enough in volumes to have stopped the crashing of its valuation if it wasn't for the rosy cheeks lier of Jon Lewis
Europe Research Roundup
Broker Rating For Capita plc Revised
21st March 2024
Peel Hunt cuts target price to 24pence from 48pence.
It's very dissapointing to witness such a huge destruction of the share price valuation thanks mainly to the lies of outgoing Ceo Jon Lewis. How can he look at himself in the mirror every morning, I just don't know.
Anyhow, the top Institutional investors must be wondering 🤔 if now is the time to increase their positions that have remained unchanged for so long and improve their years ago bad entry price by accumulating cpi stock before it rebounds.
To anyone that wonders if having go under 13p there's still plenty more to go and prefer to sit back and wait, I say that today might be indeed your very last chance.
Yes gotoutjustintime, but volume that you quoted will be constantly changing either up or down.
What you've seen on the Internet most likely is not what the Bloomberg terminal would be showing as its most reliable source of equity ownership data on the entire planet..
Ideally, we could email the IR department and ask then what is the current amount to date. If anyone wants to ask Helen or Stephanie in IR, please go ahead.
As it stands, I can only see the same 16,762,775 too
But Xenor,
You can clearly see where Cpi is slowly heading. All if not most of the fear factor has already been priced in and I guess the nasty stuff has been brought out and the stock market has dealt the outgoing and new Ceo plus the BoD a nice lesson not to take them for Fool's which Jon Lewis has and had done for far too long.
I like what I'm seeing and looks like cpi is getting ready to retake slowly but surely the 14,15,16p lost territories.
ADVFN latest trading volumes.
That's what looks to be the correct results. But please take it with a pinch of salt.
6,443,361 as Buys.
6,343,198 as Sells includes the UT
23,960 as unknown trades.
Best of luck everyone
Hi Culley01
Most likely they've already done so.
When I had access to the Bloomberg Terminal, I was able to see Capita Employees Share Benefit account on the Bloomberg list of owners of equity.
All their buy and sell dates were visible.
So, don't be any illusion that's not being done because it's probably already done and dusted. They've always been less than 3%, so they could be having accumulated silently in the background all of course unknown to us.
Xenor
You're never happy; aren't you?
Always trying to beat the MM's at their game.
I've got to be honest with you, you would have probably by now missed your 13.15p last entry opportunity offered earlier on today.
I mentioned early on today that there was according to interactive brokers an average of 3million shares that got put into today trading and by now probably successfully used to get cpi down towards 13p imho.
I shall update later once I see that amount returned back to the lenders.