Member Info for Trisor

Couple of big sales after hours …

Let us enjoy , at least today

This should be at 30 p old money at least . Look at the respective positions , last time we were at 30 p

Yes Capitaliser. If they perform as guided then we will be fine

I’ll take this increase but can’t say I fully understand it . Thought we might be flat at best!!

Nobody should be gloating at this point. There may be something else coming down the line. An RNS?

If we can get through this macro period of concern on the world stage , capita should finally takeoff

Hi Terry - the other great bright spot was the confidence shown on margin .

I don’t think debt would have been increased significantly. As time progresses more leases will be off the books and employment costs will drop as AI becomes more prominent. I don’t think people realise how close we are to that revolution

Personally it was heartening for me to see ac24 percent increase in contract wins. Revenue from that may take a little time to come through but these are all steps in the right direction hopefully. FCF guidance remaining the same is key . Let’s get through the next few days and then August and see where we are . A couple of further positive RNS’ would not go amiss at this point

Terry I’ve got plenty of green boxes. I suggest you join that method too.

The way o look it is that if the guidance stayed the same we should be able to be there or thereabouts. We also have this Iran/israel thing . I think the market is starting to see the turnaround here . Green shoots

@Trenners you are probably correct but this is turning around. 2026 was always the year and so waiting a few months more doesn’t concern me in the least

The key update this year is December . I think we we will see some big contract wins in the public sector in the next 6 months .

With regard to your sale and buyback strategy - understand it. But it’s always important to know your limitations. I’m not a trader

It’s as expected and costs are front loaded into half year. Revenue expected to be broadly like last year and progress being made to more profitability. Positive that contract wins are 24 percent higher.

This was an interesting comment:-

Finally, the Regulated Services business, which we are actively engaged in exiting, increased 6.4% reflecting the one-off benefit from a termination exit fee and deferred income release from a contract in the Mortgage Software business, which more than offset the impact of contract hand backs in this area

This must mean this is reasonably imminent

They guided FCF be end of 2025 Wednesday. Always have

Pretty much as expected

In the five months to 31 May, the Group won contracts with a Total Contract Value (TCV) of £969m, up 24% from the same period in 2024, with year to date TCV won up over 70% in Capita Public Service which more than offset the 49% reduction in TCV won in the Contact Centre business

@trenners -if it rockets I'm coming too. But I have my doubts !!

Aim it will become increasingly more difficult to hedge at these levels -in fact if we get FCF this year this might be the last

@ Trenners-individual choice really. With the world as it is may not be a bad idea. However I've never succeeded short term trading and always seem to get caught out. . I tend to long term hold on assets which is how Ive made my money. Trading not for me but can see the merit of taking a punt to sell and buy back

What I would say is that the market has already been primed for the excellent summary HHH put out below so are expecting it. So is it already baked in on that basis? Who the hell knows. I'd love to see a mention of FCF tomorrow just to let the city know Capita is on track to show FCF in the second half of the year

Good stuff HS. Hopefully tomorrow’s update shows positive progress and a statement perhaps on FCF. Excited for the future here.

Welcome Heatseeker. Are you a LTH?