Serco Share Discussion Threads

[value viper] 30/6/2015 17:05

hmmm.. on SETS, someone bought whoever sold ?!

[farmsted] 30/6/2015 16:49

Was it a 2mil buy or was it a sell at the death

[value viper] 29/6/2015 10:18

trading statement wednesday ; results Aug 11th
bottom drawer on weakness imv ; long at 116

[diku] 28/6/2015 22:18

The week the markets probably going to tank...good timing to blame the general market conditions...beyond our control!!...

[mbmiah] 28/6/2015 22:15

Results on Wednesday - Mr Soames must pull a cigar out, come on

[junglee] 27/6/2015 22:33

dinner expense wasted, isanboi! LOL. Even a purchase of 1.6 million shares by Majedie Asset Management on 19June hasn't helped. Looking at the chart, there has been a relentless fall in share price since Rupert Soames became CEO. This in an environment most propitious for Serco -- favoured outsourcing sector, bullish stockmarket, recovery prospects, growing market, low inflation/interest rate etc etc. Soames has been in saddle for a year now and has not shown any results except for a successful rights issue. Serco needs a better ceo like Harriet Green who turned around fortunes of Th Cook within weeks. Here is hoping for some institutional pressure. AIMHO.

[isanboi] 26/6/2015 14:24

Haha what's Junglee's take?

[mbmiah] 26/6/2015 13:04

Half year results on Wednesday 1st July If they are disappointing then. This baby will sink to a never before bottom. Can't see that happening however.

[mbmiah] 26/6/2015 12:57

Up on no news, down on no newsCasino it is lol

[diku] 25/6/2015 08:23

Any more bets?...Its a casino!!..

[mbmiah] 25/6/2015 00:11

Shawzie is not an accountant, nor is he/she a stock market enthusiast?

[diku] 24/6/2015 18:27

Is that with the RI money?...

[shawzie] 24/6/2015 14:01

Not being an accountant, can someone advise me why Serco is still allowed to trade?

At the end of 2014, liabilities exceeded assets by about £60million, showing negative equity.
Is this not over trading and illegal?

[davethehorse] 23/6/2015 15:00

Been oversold for sometime so probably a bounce based on that, if 120p revisited and holds that could be a buy signal but we may have seen the bottom,time will tell

[diku] 23/6/2015 12:46

Any takeover rumours out there?...

[junglee] 23/6/2015 12:19

So the dinner seems to have been digested. Ha, Ha! Chart shows no resistance till 145-50. And with all the bad results rumours already in the price, it is what they say on the outlook that will be instrumental in future progress of share price First target ex-rights price of 154. AIMHO. DYOR

[dealy] 23/6/2015 12:13

120p was a gift. Just like the Dax at 10800 was last week. The market doesn't ring a bell at the bottom.

[mbmiah] 23/6/2015 11:50

Too late, she's blowing :-0

[mbmiah] 22/6/2015 18:41

That may have been the bottom- watching for now.

[hybrasil] 22/6/2015 09:33

Share price certainly seems to think so and I will buy if it does.

[diku] 22/6/2015 08:56

Is the RI price coming?...

[mbmiah] 20/6/2015 21:35

Taking sentiment into consideration I think 101 (rights issue price) would have to be the safest entry price here. Not sure if we will get there though. DYOR

[dealy] 20/6/2015 15:50

720m of the current 1300m market cap has been raised in new money in the last 2 years. Surely after such a large capital injection the company is positioned to take up opportunities and generate normal returns on capital.

[junglee] 19/6/2015 10:52

Todays feature in the respected Holway's report is titled, "Serco's one step back, but two steps forward". It starts with the possible disposal of BPO business in India. The story concludes by saying, "Sir Roy is a clearly a high calibre person to be taking over the helm. He will sit alongside CE Rupert Soames, who has had to take some tough decisions, and yet whose management style is having positive effect on morale. On balance, it appears to one-step back, but two-steps forward."
Looks like one effect of dinner! AIMHO. DYOR.

[mbmiah] 18/6/2015 23:31

Are they allowed to bid for gov contracts?