Capita (#CPI) – completes sale of Trustmarque business for net £118m
- 2022-04-01 07:24:54
UK 00:19 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Hello Share Collectors. One of my previous choices with a share price that’s never really caught fire has issued some jolly results for last year. Capita (CPI) is a company that offers computer and digital services to some bumper clients, including our government. The board boasts of ‘A year of significant change with the transformation of Capita now complete: we have established a platform to drive sustainable improving financial performance whilst continuing to strengthen the balance sheet’.
Regular readers will know I am not a fan of Capita (CPI) which describes itself as an ‘international business process outsourcing and professional services company’. When I was growing up, it was a company that started as a small cap, quickly become a mid cap and ended up as a FTSE 100 institutional investor darling. I never purchased it myself, which initially looked stupid, but the mere 86.9% share price fall over the last five years has made me look a bit smarter.
Hello, Share Screeners. When all shares are falling, it’s the ones that buck the trend that fill you with most confidence. There's just been a big stock market fall, apparently fuelled by renewed fears about the Delta variant. Or maybe it's just the usual trader’s trick of producing a big fall, so stock can be bought more cheaply. One share which rose despite the odds though was Capita (CPI).
Hello, Share Finders. I’m a longish term holder of Capita (CPI). And so far I’ve been disappointed. Actually, a disaster. But new shareholders may now see a decent return on the shares as business picks up after the worst of Covid. Hot press: Capita has signed a ‘learning services’ contract with a big financial services client in the UK.
A couple of decades ago, many investors were amazed by the growth of Capita (CPI). As it happens - after a bit of volatility in the first few years of this century - shares in the ‘international business process outsourcing and professional services company’ peaked out in 2015...and since then have fallen a mere ninety-five percent. Still, at least Capita’s shares have risen a bit since October / November last year.
Hello, Share Miners. Though I normally ignore charts as a way of predicting the future course of shares, I do carry out the simplistic task of seeing where the trend is going – believing that the most useful market cliche is ‘the trend is your friend’. And one share which almost always seems to creep forward these days is Capita (CPI)...
Hello Share Smirkers. When Carillion hit the skids it took my shares with it. But if you take a punt on a possible rally then you can’t blame anyone if it never happens. Not even yourself - if you’ve done a bit of previous research. Which I did. I don’t think I was ever told just how serious the situation was with Carillion.
