Member Info for sharehead

There’s nothing not to like imo - that’s why it’s a very special opportunity

Massive multi year contracts, visible revenues

Partnerships with Microsoft

New CEO formally from Amazon services

Debt reduced, pension deficit plugged

Talk of dividends

Generally 99% contract renewals (excluding teacher’s contract)

Over 750 renewals so far this year

New customers, new contracts

All for under 20p (for now)

Gla

Capita has a close partnership with Microsoft and a new CEO from AMAZON services

It’s definitely embracing new technologies

Which I think will pay big dividends

Hopefully literally

Gla

Https://www.capita.com/news/capita-expands-global-relationship-with-microsoft

I think this is where our new CEO’s strengths will come to the fore with his experience from AMAZON, also our investments in AI will be a big bonus for us imo

Under the new contract, Capita will modernise pensions administration systems through enhanced system design and digital innovation.

We will integrate generative artificial intelligence (GenAI) technology to transform the pension experience for CSPS members, providing them with personalised and engaging digital channels to better plan and manage their retirement savings.

Great news

Back in the 20’s very soon

Imo

19.04 UT

So this went from 28p to circa 43p on full year results last year and got torn down on the back of a hack that may get dropped but in any event is insured….

Massively oversold

Massive opportunity

Lots left in the tank here

Imo

We’ve been saying for ages

Massively oversold

HUGE opportunity

20p’s will be back soon

Imo

Wow - I said this moves quickly when least expected

Makes me laugh when some think this can’t quickly head back into the 20p’s

Not really sure what your point is tbh

Institutions are invested in Capita already

The UK economy also recently got upgraded and as a result is now above pre covid levels

Could break out and head back into the 20’s

No legitimate reason why this should actually be sub 20p imo

I’m glad I read more on all the contract renewals here

Obviously I knew the % renewals were very high, generally in the 90%’s but

I hadn’t realised just how many renewals were taking place

For example their confirmation 31 Jul 2023 that over 750 renewals signed.

That’s impressive I think

The point is that this is a company that hit rock bottom (with a current sp that reflects that) but is now on a trajectory of growing revenues and cash generation that will re-open the door to dividends

I.e this is bargain basement but on clear road to growth and cash generation

Imo

Swapping out older contracts for new more profitable contracts demonstrates good progress

Well we won a new £565 million contract earlier this year

The data and IT outsourcing giant will deliver a new service – the Functional Assessment Services – for the Department for Work and Pensions (DwP) and the Department for Communities (DfC) in Northern Ireland, which will entail carrying out health assessments for vulnerable members of society such as benefits claimants.

Maybe this great new contract meant we didn’t need to go in as keen on some older contracts - we’d already replaced and upgraded the margin - imo

Ok AM - the renewal rate has been consistently in the 90%’s but the loss of the Teachers' Pension contract within Financial Services in the Experience division has distorted that % temporarily as you state.

The 90% plus renewals have been the norm imo

I don’t say that, the company says that & it’s not declined - you’ve just made that up like you make up your wild sp guesses

Renewals rate remains close to 99%

2 Mar 2023 — We continue to see strong performance on contract renewals with a 91% win rate across renewals bid for, with extensions with NHS. England, ...

31 Jul 2023 — • Over 750 renewals signed. • 100% renewal rate in. Public Service. New clients….

Renewal rate has been consistent above 90% and closer to 100%

Capita has been in turnaround mode for several years, and there have imo been some big improvements such as the company has reduced debt, improved margins, and won new business as well as a 99% retention rate for existing customers.

Capita has reduced its net debt by over £2 billion since 2019 which has both improved the company's credit rating, massively reduced its interest related costs and closed the pension deficit

Capita has been making margin improvements and demonstrated that the company is taking cost control seriously.

New business wins on multi million multi year contracts sit alongside 99% retention of existing contracts

New CEO soon with great pedigree from AMAZON

All to play for

Imo

Gla