Reply to post: Massive share price and recently hired new CEO...

Just can't catch a break, can ya, Capita? Shares tumble 40% amid yet another profit warning

John Smith 19 Gold badge
Coat

Massive share price and recently hired new CEO...

Is anyone else thinking "Carillion 2" ?

What's there cash flow like and have they been doing the whole

1) Wafer thin margins to get the business

2) Using the upfront payments to pay down creditors

3) Delaying payments on the rest of their creditors

4) Borrowing a shed load of cash while hoping interest rates don't rise very much.

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