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Go

This was nothing to do with Horizon. Simply when Capita withdrew Fujitsu was the last man standing. They lost the contract because they screwed up!

Capita had to step in and save the day.

Aim

Yeah been waiting for this to land!

There are others on the way!

Do you see the light now?

Time to celibrate!

Trenners

Capita have a good relationship with most of their customers.

Capita had some of the best techies in the business.

Now some of the senior management were definitely senile , woke or had their own agenda!

Tried for years to invoke change without success

Thats why Capita went downhill it came from the top!

Hence the big change with AH!

Still some changes in senior management to take place as AH builds his team. There are more changes to come as Capita starts to deliver. Capita is now locked down no information leaks. I am sure there will be some surprises shortly!

Trisor

I think you may be surprised on growth tbis year!

Go

I agree you new a fair wind to set sail.

When the wind comes its the Captain that makes the difference!

Trisor

Corrine has a good reputation in the UK look at her history. She inherited a business unit in trouble and has slowly turned it around. Improved, process, delivery and margin.

Customers like her as she is customer focussed and delivers. Just look at the steady progress in her division.

Go CPI

Yip he marks his own card. His second in Command in the UK should also be on the same list. Both these cowboys held back progress in Capita.

Remember the CTO is also the CEO of Capita India!

Trisor

Corrine is hard working, and working with a bad set of cards and a difficult Area. Not one for making a fuss but gets on with the job. Based on personal knowledge. I could give you a list of people I would like removed.

The Old Trader

Capita currently delivers the PCSE service

Two years ago the service was temporarily upgraded and extended. I was wondering why the new upgrade was not announced. This clearly explains why. There is likely to be additional services delivered. This should be very interesting!

Contract is up for an upgrade very shortly! (Months)

This should be. big value!!

Trisor

There are several on the Radar

PCSE primary care (NHS). This is high value

NI Schools ( Huge This is the one Fujitsu screwed up on think this is valued at several hundred million. )

DWP which I think was mentioned

Also Capita moved out of the HQ So that lease will come off the lease listm

Trisor

Yip share consolidation is a given.

Time to get the monkies of our backs!

Daltry

Do think you have a point on the headcount.

What are the current numbers and where i we going with the headcount?

Aim

Totally agree, there are also a few large contracts which are due to land shortly such as PCSE, and NI schools. This could be the news we are waiting for!

Closed book Pensions,

This has been a milestone around Capitas neck. It has been a financial drag of at least £20m each year. The fact that they are able to get shot is a game changer!

Hi Adam

You need to go back to Helen and tell her not to ignore these questions but to answer them! I eould respond thanks for your partial answer but I really need you to answer all the questions. I would be 100% against consolidation. I understand the maths I just dont trust the platform or Capita to control the chaos that would follow!

Terry

Capita had a lot of companies all starved of investment for many years. These had to be unpicked and in some cases rebuilt to be sold off. This had to be done when money was tight. Capita had to sell of some business’s that they did not want to sell. Money was tight and keeping the show running was a hard job. Then came Covid and Brexit so he couldn't make some of the decisions he wanted so this caused a delay. Hence the need for Money. In the meantime Capita was building the new world. Without John AH would not have been able to rebuild. AH has a very special set of skills he was handpicked for the job!

Hope this helps!

James

Capita’s savings increased to £250 M are as a result of the contact lost to Serco. Its a reduction in head count. However past experience of Serco not sure the customer will be that happy once the service migrates!

PJT12

Spin off turnaround

Many Capita companies were starved of cash and investment.

Once investment was restored these companies blossomed!

Thats what you can see, it is also happening with Capita!

Capita had just grown too big and difficult to manage. With the lack of investment Capital Capita needed to automate to survive.

It was very much the case of too much competition and contract squeezing by the Government! Just look at the number of IT companies going bust.

Body shopping on Outsourcing contracts is dead!

Macy

I agree Voda is B to B but also is very big in B to C.

The cost to change is very expensive for Vodafone. It is also highly regulated. Voda used to be good , nimble innovative. It is no longer any of these things!

Changes in technology have left Vodafone lagging!

. Voda does not deliver a decent 5 G network in the UK

It does everywhere else! WHY!

Thats why Capita is a better risk its B to B.

The cost to change is a lot less.

Capita is smart , Nimble, with decent management and good reputation!

Come back to me in 2. tears when Vodafone is less than 40p and Capita is around £2 a share

Macy

Agree Vodafone has been on the decline for some time. The 8 years that I refer to is the selling of the US assets. They wasted the opportunity not to pay off Debts. The main reason was they were afraid of a takeover. Very poor management with a level of arrogance that they knew best!

The writing was on the wall when they closed the staff share purchase scheme, they knew the writing was on the wall 6-7 years ago!

I could go on in details but then you already know Voda was a basket8 case!