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Results: CPI

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Comedy continues at Capita/C(r)apita

A year ago I wrote that “if you got lucky with Capita (CPI) shares…you should exit stage left now”. And the same has happened this year too, as you could have purchased Capita shares at about 30p and sold them at around 40p a share a few months later. However, the shares have been poor performers since, and the stock is lower than it was a year ago. Does Capita remain “C(r)apita”…?!


Capita is excited about itself (Again!)

If you go back far enough in time, Capita (CPI) was a company where some investors (not me) made a fortune during the 1990s but life has changed a lot since then. And, despite the 90% share price fall over the last five years, I have not been a fan as most recently noted three months ago. But are the glory days coming back? After all, Capita notes this morning that it “continues to perform well, with further revenue growth and a stronger balance sheet”.

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