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Capita already mentioned that profits were waited towards H2. So no surprise there.
Disposals going ok, should have debt down by March 23 results.
Today’s RNS was ok, not brilliant, but neither bad.
Still expecting price to steadily increase to around 50p by end of year.
@Cashola
Capita hasn’t done too bad with sone of its investments. I think the most they’ve paid is around £150m for a business and the most they received in single sale was about £400m on the Education Solution business.
Capita PLC - London-based outsourcing services - Agrees to sell its real estate and infrastructure consultancy businesses to Montreal, Canada-based WSP Global Inc for GBP60 million on a cash-free, debt-free basis. The businesses are Capita Real Estate and Infrastructure and GL Hearn. Expects proceeds of roughly GBP69 million at completion, when taking cash-like and debt-like items into account.
Says the transaction will take the total proceeds from its non-core disposal programme to GBP800 million. The sale is subject to certain consents. The management team and employees of both businesses will remain there as they transfer to the ownership of WSP.
"We are pleased to have agreed the sale of these two businesses to WSP following a competitive sale process. It marks another significant step, as we continue to simplify and strengthen Capita, and become a more successful business for the long term," Chief Executive Jon Lewis says.
The longer this held down the bigger and faster the rise will be.
When a dividend is announced this will shoot hard.
I’m not selling anything till we get to 75p, then will sell only half my holding and keep rest for dividends
Lol
And this was not bull%hit ramping!
6% is called an investment btw.
10-15% is range they maybe looking to takeover.
15-30% is range they most certainly will be going for takeover.
30% is mandatory offer range.
@steve305
The only bull%hit here is your ignorant and rude comment.
I only comment on stocks I’m invested in, when I do sometimes comment; I say it how I see it.
I don't ramp or de-ramp - I will leave that to nonsense people like you.
I’m invested in over 300 stocks, only ever made 2 dodgy trades that I lost on, so I don’t think I’m an economic idiot.
The economic idiots here are the ones who don’t understand this company and its potential, especially during the economic times we are currently in.
This should have touched 250.00 today in my opinion, I have seen worser RNS’s get better responses in the market, but you would need to be a proper investor to understand that.
This should have jumped to 250.00 after that RNS. Should get there next week or maybe by 3pm tomorrow.
Absolute bargain!
Great Dividend stock!