||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Servelec Share Discussion Threads
Showing 151 to 174 of 175 messages
|Berenberg initiated coverage on the 7th this month. Target share price of 391|
|And who is selling? Or is it simply being shuffled from one hand to the other?|
|even bigger trades than yesterday...I wonder who's buying?|
|More big trades. Given the ordinary volume is so piddling they stand out.|
|big buy this morning at 300p.|
|solid trading update IMHO. BOD seemed to have responded well to last year's issues. let's try to break 300p.|
|Hi Mike, thanks for the warm welcoming comment! Don't think it's baloney though - my research shows Servelec's social care product coming second in most tenders, winning roughly one third of available business. Would be considered strong in many sectors, but the cash-strapped local gov sector doesn't overpay for these systems, and it will take a long time to recover the capital investment Servelec made in Corelogic.
Wasn't impressed with the statement that operational staffing had been cut to focus on sales, because they're already taking a long time to implement Mosaic - 2.5 - 3 years, compared to market norms of 12-18 months - which means that milestone payments and rev rec will be hit.
Only affects their social care business, I know, but it feels a little soggy.|
|NT has bought in here, catalyst being the contract win.|
|N+1 Singer have raised target price to 310p. If more deals are announced similar to the recent one in December, I'm looking at 340p. IMHO.|
|broker upgrade today i believe|
|Worth adding that the share price slumped last year because of delays in contracts being renewed. Assuming those delays don't continue indefinitely there is the strong chance of a bulge of orders being pushed into 2017 and next years results exceeding expectations. This could well exceed all time highs next year IMO.|
|Positive update today, particularly the following and what appears to be more contracts to come:
'there are options to extend the system to cover additional platforms'
"This project marks a significant achievement for Servelec and further strengthens the Group's position with regards to winning additional contracts on this customer's other assets as well as with other OEMs; many of whom we are already in discussion with about future opportunities."
|Good news today. Absolutely zero volume or interest here, but if the business delivers the share price will catch up at some point.|
|upward share price movement to come?
1. Alan Howarth appointed as 'Senior Advisor to the Board of Servelec Health & Social Care, a division of Servelec Group PL'. He 'has extensive senior executive experience in the Health & Social Care sectors gained with a range of national and international organisations from both the public and private sectors. He was one of the founding partners of the EY Management Consulting practice in the UK, and was Chairman of a major acute NHS Trust for nearly seven years. Alan has co-written several papers including the "Intelligent Board" for the NHS, he participates in several technology forums that discuss leading public and private concerns, and is a Fellow of the Royal Society of Medicine.'
2. Mawer Investment Management Ltd have gone above 5%
3. Strategic Equity Capital Plc have gone above 8%|
|baloney from tony, member since, well, two days ago.|
|I'm quite concerned about their health and social care arm. Social care are losing heavily to Liquidlogic in the market, and the health and education products look old and tired.
Possibly even more worrying is the loss of key staff from the Corelogic side of the business - some really stellar people have moved on recently. Not good.|
|good company. delay in obtaining payments caused huge drop but then non-executive director bough 100,000 shares at around 234p.
strange dip on Monday on small volume but then late 2 huge buys have just gone through. I'm a holder and looking to add.
|What was that all about?|
|another positive RNS today|
|Half Year results as expected:
'On track for Full Year delivery despite difficult First Half'
Board seem confident about remainder of the year and 2017 onwards. IMHO.|
Yes, I read the SEC view on SERV. I am interested in the story but will hold back to see if the 2017 forecast is managed down as it gets closer.|
Not directly but I have recently taken a reasonable position in SEC, and SERV is their biggest investment, so I keep an eye out here. The write up on SERV in the SEC report that is linked to earlier in this thread is worth reading if you are considering buying in here.|
Next news is the Interims, 7th Sept.
Are you holding/buying?
Paul Marriage in the latest Schroders monthly report:
If Friday 24 June proved to be a tough day for many, then spare a thought for Alan Stubbs, the chief executive officer (CEO) of Yorkshire-based Servelec whose corporate world was turned upside down three weeks earlier. The business has two divisions, one that supplies software, primarily into the NHS, and the other that makes control systems for various energy and utility applications. On Friday 3 June the government told software vendors that a major refresh of systems, which provided a decent chunk of the growth for Servelec was now being put on hold due to budget cuts. Then, when Stubbs got back to the office from Westminster he found out that his largest energy customer had also delayed a key project due to an internal reorganisation. For a company that had built itself on very tight management of expectations in some challenging markets since the 2013 IPO, this was a body blow. The shares, the third-biggest positon in the portfolio fell 40%, cancelling out the gains made in BPI immediately. The company has taken swift action and it feels like earnings have been reset to very conservative levels which might allow it to get back on the ‘meet and beat’ track to rebuild credibility quicker than some. A very salient point to remember from this episode was that government cuts were pre referendum, any government-spend reliant business must be even more vulnerable now.|
|thanks SG. That's really useful.|