||EPS - Basic
||Market Cap (m)
Serco Group Share Discussion Threads
Showing 1776 to 1800 of 1800 messages
|The Questor Column:
Serco shows renewed health as turnaround plan lifts profits and cuts debt: After a strong 2016 support services group Serco is slowly rehabilitating itself. Fresh progress toward Chief executive Rupert Soames’ revenue growth and profit margin targets could lead to further share price gains for patient investors. According to analysts’ forecasts sales may have bottomed last year at around £3billion and, although only minor improvements are expected in 2017 on the revenue front, profits are already on the rise. Return on sales reached 3.3% at the first-half results, on an underlying basis. December’s 10-year framework contract from the Barts Health NHS Trust suggests the company may finally be emerging from the Government’s doghouse after the criminal tagging overcharging fiasco. Further big deals would be a further assertion of Serco’s return to health. However, President Donald Trump’s plans to repeal and replace America’s Affordable Care Act, or ObamaCare, must be watched, as Serco does work for the scheme. Finally, net borrowing fell to just £120 million at the end of the first half compared with £682 million when Mr. Soames took over, owing to 2015’s rights issue and the self-help programme. Serco is not without its risks and the profit targets may only be met in two to three years’ time but Serco looks to be on the way back. Questor says ‘Buy’.|
|steady as she goes :-)|
|I'm ere. Trying to remember what I bought these at but I'm guessing £1.22. Happy that SRP are turning the tide albeit slowly. I'd like to see the divi restored this year.|
|no one here? lol 150 looms, after that, a run towards 200p|
|this looks poised for a run now...|
|i did y/day!! :-)|
|Has to go soon. Why not buy some more to help it over the line?|
|this time, this time!! :-) a run to ~155 :-)|
|Hi Leeson - I'd be happy with any of those figures!|
|hopefully not :-)
little bit of resistance around 190p, but after that recovery is at ~225p|
|That's me in this morning. Can hold back this level much longer, can it?|
|making intrday and recent highs.. a push ffrom here imo will entice further buyers for a technical trade too|
|cool, hopefully we'll do well.
i think a close above 140p and it should clice up through the 150's... id say 163p first target, then 175p-180p....
|Agreed Leeson, I added a little while ago and I await the next update - so far very impressed with Mr Soames and his steering this ship to recovery - well hopefully. DYOR etc.|
|new highs..i think were off... again :p|
|Bowl is near symetrical IMHO.|
|Higher highs. Next leg up due imo.|
|looking like a touch into the 140's afoot...
chart primed for next leg up imo|
|138.80p UT auction close... a higher closing high... roll on 152 then 175 :-)|
|Added here earlier this afternoon!|
|higher highs, breaking out imo|
|Agree. Im in now. I like last weeks vols and chart rise. Odey asset mgmt over 5pc now too. Big upside...175 to 210 imo.... great fundamental recovery play...
Should get news v soon i would think on the nhs 600m contract... great results back in aug too..|
|Seems like a lot of folks here forgetting that the drop in the £ will substantially help the bottom line? I would have thought that's as good a reason as any for continued strength.|
|Not thought so highly on Oz land, which could knock confidence. Beware?|