Member Info for sharehead

So if you’re not invested- as you state below- and your a busy person-who does not have time to keep messaging on here - why do you keep messaging on here ?

So we have as your sources:

someone on ITV news said…

From memory……

I heard someone mention…

Ok, well now you have demonstrated where your points come from - I’m sold - lol

So AM - if you’re not a fan of Capita - how come you spend your time posting on here ?

Public Service?

“I heard someone mention”

Is that on a par with someone on ITV news said….

“To be debt free, they NEED to SELL ALL the Portfolio division”

So the Portfolio Division is non-core - so yes it will be sold.

As you recognise yourself above, once this non core business is sold Capita would be debt free - as you say depending on sale price- but let’s say they get slightly less than they hope and have small debt - still not a bad place to be imo

From the link posted below:

The firm - part of Capita's EXPERIENCE division - said revenue increased by £2.5m to £128.2m in 2021 and profit before tax increased from 5.4% in 2020 to 7.4% in 2021, both on a like-for-like basis.

https://www.professionalpensions.com/news/4049880/capita-pension-solutions-posts-2021-revenue-growth

Growth
• Continuing to see the benefits of strong operational delivery and improved reputation
? Won £3.8bn of total contract value in 2021, a 31% increase vs 2020 (£2.9bn)
? Renewal rate of 93%, including contracts with Ministry of Justice, two European telecoms clients and
major UK financial services institution
? Order book increase for the first time since 2017; book to bill at 1.2x (2020: 0.9x)
? Secured £312m through extensions and incremental scopes of work with Transport for London,
Defence Fire and Rescue, Department for Work and Pensions
• Strong unweighted pipeline of £9.4bn in 2022; year-to-date we have won almost £700m TCV
• Good start to 2022 in Experience with £456m five-year BBC TV licensing extension announced in February

What’s currently playing out in the economy is likely going to cause an outsourcing boom - Capita is poised to take full advantage

I mean, at least try to keep your posts credible. They are veering off into fantasy.

Capita OVER achieved on their disposals target

They can go debt free next year

They will generate free cash flow this year

Safe pair of hands

Not like the yo yo US market

Also there’s no chance of interest rates going to 5% - certainly not in the next few years. ITV news - I mean - big lols - you know the idea is totally ridiculous

Huge debt - I mean- seriously

We will be debt free next year

The company have already gone on record to say that inflation won’t impact profit forecast

Safe pair of hands

As I posted earlier all divisions are growing revenues and profits- safe pair of hands in current environment

And last time you were all posting about US dropping (which is a fairly common occurrence at the moment) this went up - maybe because it seems a relatively safe bet at present

Wow - you’re all a cheerful bunch :)

US market is falling off the back of a massive rise - were already at a low. But if you get your buy in maybe you can all cheer up a bit and enjoy the ride up !

https://www.professionalpensions.com/news/4049880/capita-pension-solutions-posts-2021-revenue-growth

Great that more of Capita’s divisions also reporting rising revenues and profits today

Not really- it’s trending up - this morning market down in general but seems to be recovering

https://www.professionalpensions.com/news/4049880/capita-pension-solutions-posts-2021-revenue-growth

So between the fact we can pass on inflation and by next year we should be debt free we are in a great position just at the right time