Latest Views & News

If you got lucky with Capita shares four of five months ago, you should exit stage left now

By Chris Bailey of Financial Orbit | Sunday 7 August 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Just under eight months ago HERE  I gave Capita (CPI) - which describes itself as “supporting the justice system through smart technology solutions” - a slightly alternative name.  I remember first using such an alternative name many years ago - and it is certainly neither unique or particularly smart.  But it kind of captures well the company’s struggles over the last seven or eight years where its share price contraction stands at well over 90%. How striking for a company which many will remember its epic 1990s (and initially beyond) performance.  

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Thursday »


Haydale - Full Year Results Disaster



The ongoing saga of woe at Saga



The ShareProphets Sunday Pub Quiz #160



Gyrations at Victoria Carpets



GOTCHA: admits it is fucked



Stuff happens but we are not stuffed



The ShareProphets Sunday Pub Quiz #159



Challenges continue at Ocado



Iconic Labs – back from the dead?



Pure Gold – Pure Ramping!

Sunday »


The ShareProphets Sunday Pub Quiz #158