Member Info for Wildcat_Driver

This is now looking very strong technically. Expect a continuation of the recovery.

DYOR

Link to technicals below

https://uk.investing.com/equities/capita-group-technical

When the shorts have closed.

Most just de ramp a share with no technical or research backup to cause doubt and fear. It makes money for certain institutions, work it out.

Two things, one, as reported in the times and is referred to in earlier posts not too far back should you wish to research , CPI are unlikely to be fined.

Two, they have cyber insurance that will cover any claims.

The costs already covered are for improving security.

It would be good news if they were not to be fined, however, compensation for data breach is a separate issue! More than likely that these claims would be successful, however CPI cyber insurance should in theory cover this.

This has closed above the downtrend channel, now indicating a strong buy, but caution! Early days! Need a couple more days for confirmation.

As usual DYOR, link to technicals below.

https://uk.investing.com/equities/capita-group-technical

The test of support last week @15.5 was a typical sharp dip then aggressive buy backs, it has now come back to resistance, however that resistance is not as firm as now (just) outside the down trend. This is the point where the trend will either change up or there will be a drop again testing lower lows. If you add that the board have been buying, the results are not too far away, then in a normal market it would be a reasonable risk return bet to think that this will go higher and move into an up trend. There are outside factors however, interest rates, wars, looming elections both sides of the Atlantic, it’s a difficult call to make! Personally I am holding for a longer term investment, short term it’s a gamble.

The resistance @ 15.6 has been well and truly tested, although early days we may be looking for a re test of 17.9, if that breaks the trend will change. Good luck.

Thank you for your email. I understand your frustration with the share price performance. The Board and management team remain completely focussed in terms of delivering their strategic priorities which are to accelerate revenue growth, improve profitability (underpinned by the £40m cost out programme by end of 2024) and therefor drive sustainable free cash flow. We continue to finalise our last material disposal and ofcourse have a new CEO due to join by the end of the year per the earlier announcement.

I assume you have also seen the Capita share purchases by a number of Board members.

Regards

Helen Parris

Director of Investor Relations

This is testing the strong support @ 15.6. Very often the dip before the rise that traders look for. I have just topped up.

First I will show my hand, I bought in low and doubled my money so sold fairly quickly, greed is not good in this current market.

The way I see it right now is the recent rise was based on rumours etc, no solid base or reason.

The company does potentially have a good future, however the finances and the history of the board do not stack up right now, they will need further investment in order to achieve their objectives.

Until there is clear direction and financing then the share price will only drift down with the occasional traders spike. If you are locked in with a large paper loss, as with the high risk of aim investments you’re probably better off holding, as for fresh investment I would hold off for now as it’s far too much of a gamble, unless it once again becomes silly cheap.

As always DYOR.

This is a long term investment, looking every day and stressing over a traders band will not do you any good, at some point the resistance will break and first the gap will fill to around 25p, then will bounce around whilst being traded… but ultimately the problems with company have been mainly sorted, as news comes through and dividends are re instated it will continue to rise and build further increases. This is all longer term, it is not an AIM share, as with all investing patience is a virtue. Ultimately it will pay off.

Have gone in big here, I feel the bottom has been tested and there are positives on the horizon with a new CEO etc. GLA

Doubled my money so won’t be greedy, GLA

Warren buffet has stated the the UK FTSE is undervalued atm.

I am both a share holder and a customer of this company, in both areas they have let me down badly! Poorly managed, poor customer service, old school practices.

They need a major shake up and to get out of the old school “civil service” ways. Until such time as a proper business aware as well as customer / financially savvy board is put in place this will continue to be frustrating.

Unfortunately I am in a place where selling up my shares is just not worth it, I live in hope that a good CEO is appointed and a whip applied to the company of the real world, until that happens it will continue to disappoint.

Looks like a second test or resistance coming up, if it doesn’t break the 30p this time it usually does on the third test. GLA

Results are as expected, market reaction so far is flat, hopefully tomorrow will bring some momentum after the shareholder conference, however my thoughts are this will once again drift down after todays news.

Bitterness and regret and subsequently wasting time spouting venom only leads to stress and depression, it also doesn’t make you money!

No fear, perhaps…just consider…they have just had a cyber attack, part of the process of recovery is isolating all servers on the business and then testing for malware etc, then the testing of and new security measures etc. there may be a very good reason it was not published on the investor page immediately, the priority is customer services security and welfare.

Whilst I agree it is a well run company with great potential and now well financed, without a specific business plan in place, financial targets and market objectives the share price will drift imho, I am often wrong with aim companies so will be happy to be proved wrong as I still have a large holding here, however I have reduced my exposure significantly until such time as things become more clear.