Member Info for Rik1

Current disclosed shorts still at 6.2% What have you found?

Hi Adam, I copied the RNS into Copilot. Had an answer explained clearly within seconds. I am finding AI to be really helpful when a long winded RNS drops. You have to ask the right questions of course. Clear answers without emotion has been very useful. TBF Capitafanboy has nailed an analogy below. I’m still waiting for 300-280 before I buy back in (unless volumes change drastically or something else) AI still expects this to drift. Give AI a try. It will search shorts/news/volumes etc in seconds.

Excellent spot. Thank you

I’m calling a slow drift down to test £3 now, unless major positive or negative news, where a change will be huge. Will buy back in before August if not before. GLA DYOR

Like it or not, frustratingly this is drifting down. Lack of positive news. Low buys. Short increase. Overshot at 410p.

I sold some shares yesterday at 350p (bought at 288 ish) and made a 4 figure profit. My other holdings are long term with an average of £6.88. I aim to buy back in again in August if I can. Hope to buy at a lower price and try to add more shares with the profit I made. If it goes up I miss out, but at least my other holding increases. The fundamentals haven’t changed and I’m sure this will be good in the next couple of years, I’m just trying to claw back my original losses however I can right now. GLA DYOR.

I read it was postponed until August for the reasons you mentioned Adam.

Third time lucky tomorrow? We need more buy volume or some positive move to get this going again please! GLA DYOR

Wow! This is just what we need to push momentum higher…..

Insider buy

Oasis representative

Large size

Bought near highs

Bought ahead of catalysts

For me, confirms no negative news incoming.

It’s all on August for positive updates and sale of contact centre. If Oasis push further and sell further non core divisions later this year, I might actually be back in profit!!

Trisor. Also the private‑sector contact‑centre sale is a very big short‑term catalyst for Capita. It finally gets rid of a division that’s been losing money, it brings in some much‑needed cash, it makes the whole business cleaner, and it shows the market the turnaround isn’t just talk — it’s actually happening. That is what we need in Aug, and as I understand why the June update has been pushed back to Aug, when this is hopefully complete. DYOR and GLA!

Testing £4 again. Will we be moving to £4.08 or £3.80? Bit of a guess short term, but fundamentally all good. Just need a good Aug update and/or short reduction. GLA DYOR

Currently worth £3.56, so go figure Cabbage 🥬

Wow! 3…..2…….1 let take off commence

Sharing the answer I got from from AI

Short answer:

BNP Paribas has reduced its total exposure to Capita from 6.12% → 3.48%, meaning they have sold down both shares and derivatives. This is generally neutral to mildly negative for sentiment, but not a red flag on its own.

📉 What actually happened

BNP Paribas SA (via BNP Paribas Financial Markets) filed a TR‑1 major holdings notification because their position fell below a regulatory threshold.

Key numbers:

• Previous total holding: 6.1185%

• New total holding: 3.4777%

• Direct voting rights: 2.422%

• Financial instruments (swaps): 1.055%

This means they disposed of roughly 2.64% of Capita exposure.

🧠 Is this good or bad?

1. Neutral-to-negative for short‑term sentiment

A large institution reducing its stake can create selling pressure or signal that they are reallocating away from the stock.

But TR‑1s do not explain motives — it could be:

• routine risk reduction

• closing derivative positions

• internal portfolio rebalancing

• regulatory capital adjustments

There is no evidence this is a vote of no confidence.

2. Not unusual for Capita

Capita is in the middle of a restructuring and has been volatile.

Large banks often use total return swaps and hedged positions, which they adjust frequently.

The filing shows a reduction in swaps as well as shares — typical for a bank managing exposure.

3. No impact on Capita’s fundamentals

This does not change:

• Capita’s strategy

• Cash flow outlook

• June investor update

• Turnaround plan

It’s purely a shareholder movement, not a business event.

---

📌 How the market usually interprets this

Interpretation Meaning

Mildly negative A big holder selling can weigh on sentiment.

Neutral Banks often adjust derivative exposure; not a strategic investor.

Not a warning sign No activist exit, no insider selling, no downgrade.

Given BNP Paribas is not a long‑term strategic investor, this is not a major bearish signal.

This TR‑1 doesn’t change the Capita recovery story we discussed.

The June 17 investor update is still the key catalyst.

Institutional churn is normal during a turnaround — what matters is whether new buyers step in as the story improves.

DYOR

Well this is a nice little run, let’s have some more of this please :0)

LTH here. IMHO now is the time to suck it up and hang on for the ride. I’m averaging down as the SP drops further. Had a terrible average of £6.88 (old money) and refused to add further in the past, but that was a mistake. My aim is to continue to buy and get my average down to £4.50 ish with this latest dip. My hope is to see Iran conflict cease and then see a recovery in the next 12 months. DYOR and best wishes to all holders.

P Pete - for every share sold there are 4 bought. Big buying volumes again and still we drop. How can this be I wonder??

I suspect a lot of PI’s read the RNS as a buy and bought. If it is a sell (whoever put the RNS together should be fired) then I expect the SP to drop again Monday once they sell and realise their mistake. I hope I’m wrong but it looks like a sell.

Don’t worry Gman, forget them. These two only appear when the SP is falling (I think they like to gloat and see others lose money)
Once the SP is on the rise, they will disappear……
It’s been like this since I started to trade CPI almost a year ago. Back then it was ‘Bertles’ - long gone now, but just as negative. Considering it has been such a beautiful weekend here in the UK, you have to wonder what boring lives these people live, commenting on a BB that you have no investment in?? Oh, I forgot, they are doing to ‘warn’ you not to invest. Laughable! DYOR and good luck to all investors and to the shorters, I hope you have deep pockets after August.

JG68 and wealthier

Cashola, how about ‘Reversification’ ;0)