Results: CPI

Search articles by EPIC code

views

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”…?!

By Chris Bailey
2023-08-04 08:50:33

NEWSFLOW

Capita (#CPI) – H1 increased adj. PBT but statutory loss, argues “on track”

2023-08-04 06:26:31

NEWSFLOW

Capita (#CPI) – CEO Jon Lewis to “step down”, to be succeeded by Adolfo Hernandez from Amazon Web Services

2023-07-31 06:53:41

NEWSFLOW

Capita (#CPI) – agreement to sell “non-core” software businesses for £33m Enterprise Value to AdvancedAdvT (#ADVT)

2023-06-08 06:35:09

NEWSFLOW

Capita (#CPI) – completes sale of Resourcing and Security Watchdog businesses, initial cash proceeds of c.£17m

2023-06-01 06:29:19

NEWSFLOW

Capita (#CPI) – cyber attack data exfiltration update, “underlying trading performance remains in line with expectations”

2023-05-10 06:41:24

NEWSFLOW

Capita (#CPI) – notes cyber incident recovery, but “some evidence of limited data exfiltration… which might include customer, supplier or colleague data”

2023-04-20 06:51:23

NEWSFLOW

Capita (#CPI) – “cyber incident” caused disruption to some services, “making good progress restoring remaining client services”

2023-04-03 06:29:28

NEWSFLOW

Capita (#CPI) – agreement to sell resourcing businesses, expects to receive cash proceeds of £17m

2023-03-06 07:23:59

views

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”.