Market's view on Capita
Published on April 2024
- RWC Asset Management LLP has been steadily reducing its stake in the company since 2021, decreasing from 17% to 14.96% by 2024.
- In contrast, Schroder Investment Management Ltd. has increased its holding from 2021, reaching a stake of 19.02% by 2024.
- There are concerns about the senior management of a company, with suggestions that they lack the capability to run the business effectively, risking leading the company into administration.
- Some stock watchers suggest that SERCO should take over the company, citing a need to remove the current management due to poor performance over the past decade.
- A speculative opinion mentions a potential aggressive takeover bid for the company priced between 20-25 pence per share, highlighting perceived weaknesses in the company’s current management.
- General pessimism about the company’s share price is noted, with predictions of further declines.
- There is mention of a significant reshuffling in civil service jobs, implying potential opportunities for the company to acquire some of these roles.