Member Info for Simpiles

Tiny Tim

Yip 45% Tax relief on £150 = £82.50 actual cost

But he will get hit with various fees when he exits

As he has announced he is retiring these fees are reduced

Tight Bar Stewsrt!

Its sending a-message to shareholders FUD Fear uncertainty and Doubt.

Some of the conversations on this board are complete nonsense.

Capita is not going bankrupt, it does not need to issue shares. It does need to dump some senior management but that is in progress.

AH has a plan and is working on a solution.

He deserves a chance.

Expect a multi bag between now and August!

This message will probably upset the trolls and conmen but sometimes the other viewpoint needs to be expressed!

JG68

Agree there is a plan in deployment causing confusion. One thing for sure they want your shares as cheap as possible. I am expecting a bid during July. No hard evidence yet but there are games afoot!

Wait and see Capita is a billion pound company even at bargain basement prices!

Not long to wait now!

Kipper9

I was expecting a large purchase,

However it is somewhat larger than expected!!!!

Roll on Monday!

Over 68 million shares sold!

Is this another short?

JG68

Cant see the trade but it shows Volume sold today is over 72 million.

is it really sold?

where is the equivalent purchase!

Shown after hours again?

JG68

You could be right

But there will be further gains after the big meeting!

Losses and gains are only made when you sell!

It seems share price is being held down as some individuals load up at last minute! Seems someone (s) is keen to build up a holding.

I do think there will be action next week! I can feel the tension rising . Hold-on to your shares!

Okey Dokey

Capita works both sides of the coin especially in several key areas. They excel on back office functions. Why walk away from good business. If anything Public Sector is more hassle a lot of Public Sector is badly managed. Thats a severe understatement.

Don’t be a sheep do your own research!

Sunday Times

John rides off into the sunset in June!

He has been very quiet since AH joined!

A new beginning!

Hopefully the market will see the changes will reshape Capita!

Go

It was a cost saving exercise one head two hats.

During his period as CTO Capita spent very little on Investment. That needs to change, hence the need for a Leader in the new tech world!

There is a change in direction and technology!

These are things that Capita wanted to do but did not have the funding for. This is the reason for such large changes at Board level. Its all about leadership and communication.

In fairness to JL some of these changes were planned but have been delayed because of the Cyber incident. Capita used to have one of the largest engineering workforces in the UK. Going forward it will be a lot smaller!

Working in the IT industry for many years Capita had some of the best engineering and technical staff!

Capita is a long term investment.

DYOR

Go

This affects all parts of the business. Services that are sold across the board. Still waiting on some of the senior management to go , but isn't that always the case. I expect the CTO to go later this year you can ‘t be CTO and CEO of Capita India there is a conflict there!!

We need someone with Vision!

One third of the way there! Once this is complete costs will be reduced.

Aim

With the reduction in headcount comes the exit from certain services. This will of course reduce revenue. This is required as Capita changes its focus. This was to be expected. Capita needs to change its business focus. Certain business units had run their course and would have needed investment. Better to focus on new business areas.

You know it makes sense!

Kipper9

Setting expectations! Expect the share price to recover after this and dip again around results! It will then take off after Technology update. AH is exiting some of the services hence the redundancies. This will affect revenue streams as the business moves forward and starts to rebuild. AH is separating the numbers from the technology.

This is what shareholders want! No more Bull!

Where we are and where we are going!

Don't get caught out!

DYOR

Hi Stupmy

There is game play on the go, with possibility of one more shake down before the jump in early June. People are getting very tetchy at the mo!

Good luck which ever path you choose!

DYOR

Sorry Stupmy not Stumpy

Stumpy

You may have a point MM are controlling the market on this share . UK is the wild West for the cowboys!

Wonder why some companies prefer to list elsewhere!!

Dark Blue

Capita have been working in this for a while. It does take some time to migrate existing processes.

The existing BMG platform has run its course. Most Telcos are migrating. Been there done that got the tee shirt.

Another move in the right direction!

Go CPI

All the goodwill has gone!

The homework needs to be marked on the numbers!

There are more changes in the pipeline!

There will be more changes in the team! (When the people are available)

By my timetable we are a year behind my schedule not sure how much we can pull back. The next 6 months from August is going to be a huge gear change!

I am heavily invested in Capita, If it was as bad as some of the comments here I would have pulled out long ago!

Go CPI

Just a general comment based on other inputs!

My view is very similar to yours.

Capita did not start earlier saving because of the hack!

Cost reductions takes time and planning, Capita are past the 50% milestone ( No idea on the exact location)

Adolfo prefers to deliver first and discuss afterwards Jon was the opposite to this. Jon was a bean counter Adolfo is the technology route master.

We are starting to see a stronger board with real talent!

This should have taken place last year! But better late than never!