Serviced Office Group Share Discussion Threads

[puku] 24/4/2012 12:52

up another 0.13 p - impossible to get any more

[lionelh] 23/4/2012 14:03

10% rise in share price this morning. That's a start. Needs to double IMHO to begin to get near its true value on fundamentals. Will happen, but when?

[puku] 23/4/2012 13:22

managed to get 100k at 2.75 p - thats moved the share price up a bit. Failed at next attempt.

[lionelh] 20/4/2012 17:39

No question about it, Pukú, in my mind. I can see this share price moving quickly and dramatically when it goes as it surely must. Over 1p EPS and share price barely 2p?! Sounds ridiculous put like that. The NAV PS is nearly 3p as well, increasing turnover, more work stations..., cost overhang out of the way... I'm not ramping this as I've been in it for years and have been patient as you are meant to be.

Not sure a large spread is that significant if on the fundamentals you think it can only go up. Revaluation of this share to me is inevitable. If it was 10p this time next year who'd moan about that spread!!! I would go a bit further than you, Puku, and say this share is considerably undervalued. It has got caught in a downdraught as often with small caps in a recession.

DYOR etc.

[puku] 20/4/2012 11:05

Long felt this to be undervalued. problem is the spread 2p to 2.75 p . tried to buy several times and quoted 3p for any large amount.

[lionelh] 19/4/2012 14:02

I've been in this company for a while. Though progress has been slow, I like their business model and agree with your soliloquy, Mathisvale. They are definitely "getting there". Good interim results seemed to be just about ignored by the market - this thread is very quiet as well! Surely due for a sizeable revaluation in share price soon? Turnover now substantially up with more bussness stations consistently coming on stream, already profitable as well which can only increase when the costs of Covent Garden are out of the way. A final divend would surely make the market take note?

Probably another soliloquy, but anybody kindly tell me when final results for the year are due?

Thanks.

[mathisvale] 26/11/2011 15:45

SVO have just been awarded a management contract with Land Securities. Together with the BT contracts this could be the start of some very profitable business.

Covent Garden's 22 Long Acre should now be in the black after a loss making 12 months.

Maybe I am talking to myself, but I think that SVO has an excellent business model with good management and is severely undervalued at just £3.5m

[pugugly] 17/8/2011 15:50

Subsidiary in breach of banking covenants - Very bland rns but imo will be rectified but at a significant extra cost - Views ?

[myrtle1] 07/8/2011 14:14

If anyone is interested, there is an article that has just been published on Aimzine - - regarding Serviced Office Group.


I believe you have to register to read but it is free.


Regards,


'Myrtle'

[cammy3] 16/5/2011 07:04

outstanding news - goodbye to 3p for good

[johnyee 7] 22/4/2011 09:41

Also, Executive director Andrew bourne subscribed for over 25 million shares at 3.5p aech via subscription.

[cammy3] 21/4/2011 12:15

Remember - placing last October was at 3p. Company now moving in the right direction - can see this at 6p soon. Have over 1m now

[cammy3] 21/4/2011 12:08

Hi Johnyee - ive been watching this for a while now - Occupancy rates good at 31st March all other KPI's going in the right direction - just bought another 400,000 - not showing yet

[johnyee 7] 21/4/2011 10:18

293k buy just gone through

[davidosh] 20/4/2011 15:10

I am just starting to look at this sector of the commercial property market. On the face of it having glanced at the two MBE look far better value than SVO or can someone offer me a reason to reconsider ? Revenues compared to market cap are more than double at MBE for example.

[johnyee 7] 20/4/2011 14:50

scburbs,didn't know we had another similar co listed mbe,thought svo and rgu were the only 2.judging by rgu statement in march looks like they're looking for aquisitions so mbe,svo or both could be in the sights of rgu.

[scburbs] 20/4/2011 13:24

Johnyee7,

Take care with your underlying eps calculations. If you strip out the revaluation gain they made a loss of about £0.5m, although operating cashflow was still positive.

All in all the results read pretty well, although I was reading as a holder of a competitor (MBE) rather than SVO, I was quite tempted to buy some (but haven't yet).

[johnyee 7] 20/4/2011 12:48

About time this moved up,eps of 1.19p reported yesterday.rgu regus on a pe of 45 for 2010 and 24 for 2011, svo on a pe 2.3 for 2010 and regus reckons things will get better this year,so can only be good for svo.

[hibberts] 22/4/2010 10:06

Thought i would have a few, this could really fly if the property market keeps going up.

[hybrasil] 18/5/2009 10:23

9k worth of shares traded and the price goes up 60%.

[daltry] 23/11/2007 09:16

This share seems extremely dormant.

[hybrasil] 03/9/2007 21:02

had another nibble following this news. It looks as if this could become very exciting if they can get product.

[mistertibbs] 20/7/2007 16:22

So he is the old Jacobs man. Hope he's got better at his job than he was then