Share Name Share Symbol Market Type Share ISIN Share Description
Servicepower LSE:SVR London Ordinary Share GB0003831095 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.125p +4.76% 2.75p 2.25p 3.25p - - - 0 07:31:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 13.0 -1.2 -0.5 - 6.26

Servicepower (SVR) Latest News

More Servicepower News
Servicepower Takeover Rumours

Servicepower (SVR) Share Charts

1 Year Servicepower Chart

1 Year Servicepower Chart

1 Month Servicepower Chart

1 Month Servicepower Chart

Intraday Servicepower Chart

Intraday Servicepower Chart

Servicepower (SVR) Discussions and Chat

Servicepower (SVR) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Servicepower trades in real-time

Servicepower (SVR) Top Chat Posts

DateSubject
25/9/2016
09:20
Servicepower Daily Update: Servicepower is listed in the Software & Computer Services sector of the London Stock Exchange with ticker SVR. The last closing price for Servicepower was 2.63p.
Servicepower has a 4 week average price of 2.78p and a 12 week average price of 2.69p.
The 1 year high share price is 5.38p while the 1 year low share price is currently 0p.
There are currently 227,560,827 shares in issue and the average daily traded volume is 539,857 shares. The market capitalisation of Servicepower is £5,973,471.71.
06/4/2016
09:14
davidosh: yoyoy....LOL and spot the tiny difference in the outlook from two years ago too With demonstrated sales success, and continued investment in strategic innovation and development of our global field management platform, ServicePower is positioned for a strong performance in 2014 and beyond. Our growing, prestigious client base, including some of the best known brands in the world, is proof of our commitment to providing the best, most complete, and technologically advanced field management tool in the world. Trading in 2014 has begun positively, and we are confident of a successful outcome to the year. I think they just copy and paste and do not have a real clue where they are going. The share price sees the losses that keep coming though !
17/3/2016
11:57
kronly: Chrisdgb - I think the current share price reflects the real risk that the Company will not survive. As predicted ,they had to raise another £1million ( at 8% interest ) in February to keep the Company afloat. I don't see that risk reducing substantially without concrete evidence that they have a) increased sales and b) done it profitably.
29/1/2016
16:47
charkly: CEO awarded Gamechanger? Well yes OK, but I think the share price over the last 2 years shows the ball game score...
19/11/2015
15:35
miavoce: It all boils down to what this statement from the interims actually translates to in real terms. "The Company anticipates significant improvement in the Company's cash position in H2 2015, through increased cash collection and the timing of support renewals." It implies that the company will end the year with more cash than it had at mid year, which if accurate would undermine Chimers 'no cash' mantra and would see the company on a solid footing. Hopefully the pilots which are underway, together with the new customers acquired in 2015, will then provide sufficient top line growth to have a decent positive impact on profits. Obviously Chimers will trash this post as his objective is to drive the share price down.
04/11/2015
12:33
charkly: This was posted on the lse share chat section "Just done a search on LinkedIn and the number of leavers from this business is extraordinary and worrying. I wonder if all board members are aware of this? Is the sudden drop in share price reflective of this?" I also did some additional surfing... RNS Number : 9967X The gentleman mentioned in the above RNS according to his LinkedIn has left the company - his exec profile has also disappeared from the share price website...? This is in addition to EMEA sales, plus the COO, both seem to have moved on according to LinkedIn??
04/11/2015
11:52
chimers: By Nigel Somerville Hmmm. Seven – yes, SEVEN RNS Reach releases since the start of H2 (July 1). That’s the running score with AIM-listed ServicePower Technology (SVR). It is almost one per fortnight. Surely there is no attempt to pump up the share price ahead of a placing, is there? Oh hang on, what do we find in the interims which were published on deadline day? To the RNS Reach today first: ServicePower has become a ThingWorx Ready Partner. Well good for them - perhaps the board is hoping to get a touch of the Tern (TERN) rocket from this, but if it was financially significant it would have been released as a full RNS. Ditto the contract extension RNS Reach of 1 July, the partnership with Chilean reseller Semit IT RNS Reach of 10 July, three new contract wins announced in the RNS Reach of 12 August, the winning of some award as per the RNS reach of 12 Aug, the patent applications announced by RNS Reach on 7 Sept and the software launch announced by RNS Reach on 14 Sept. Remember, an RNS Reach is a PR exercise. If it was financially significant, it would be a full RNS. So why all the puffery? Let’s take a look at the interims to 30 June. We don’t have to look terribly hard: starting with the balance sheet we see current assets of £3.85 million and current liabilities of £3.39 million. Thus the company finished H1 with net current assets of less than half a million pounds. Turning now to the cashflow statement, we see that £1.92 million went off to money heaven during H1 - a monthly cashburn of £320,000. It is now almost the end of October, so by my maths that is almost four months x £320k = £1.28 million out of the door, if the previous cashburn rate has continued. In other words I reckon the company is running on fumes and needs to get a placing away PDQ. The only question in my mind is how big the discount will have to be, bearing in mind the paper-thin balance sheet at H1 which, after stripping out intangibles, showed net assets of just £728,000 – less than three months’ cashburn, and we are almost four months post period-end. Shares in ServicePower looks to be an accident waiting to happen.
04/11/2015
09:54
kronly: I think there is plenty of risk here. The fact they have taken out a new loan with Herald ( albeit short-term and unsecured ) confirms they need additional cash to keep trading. It will be interesting to see what happens when the loan is due to be repaid ( 15th December 2015 ). The announcements of contract wins with unnamed customers and with no financial detail is a bit odd to say the least. The intangible assets have increased over the past year which must be capitalisation of R&D as there has been no acquisition activity so you could say they are using that to cushion the P&L ( or they are just following acceptable accounting standards ). I do take some comfort from the fact that they have deferred revenue as a liability in the balance sheet. If they are trying to inflate the P&L figures they are not trying too hard ! The overall impression I have is of a Company where success MAY be around the corner but which is currently struggling to keep its head above water. Talk of a 10p share price is a little premature
16/7/2015
07:48
morton2011: Update look pretty good to me - terse and confident. On the bearish question from cycle2 look at the history of the company and try to understand why the sales are so much lower than a few years ago. share price dropping to around 3.8 was logical in last few weeks given the dilution from the convertible notes becoming new equity. EV remained around the same. Herald and BFLAP effectively control the company (and kept it going in last few years) - would be good to see them sell a % of their shares and let in new large investors. I will be staying invested to see if they can improve the cash position and keep the sales growing as update states.
11/3/2014
19:16
yoyoy: yoyoy 3 Mar'14 - 18:25 - 2188 of 2218 0 0 edit ServicePower to present at London Innovation & Growth Investor Evening on 20th March 2014 By StockMarketWire | Mon, 3rd March 2014 - 09:23 ServicePower (SVR) (SVR.L) [LON:SVR] the provider of field service scheduling and management software, will be presenting at the Shares Innovation & Growth Investor Evening in London on 20th March 2014. The Evening offers the opportunity to hear from and ask questions of key senior management figures from carefully selected companies in the mining, oil and gas sector. Presenting at the event will be Advanced Oncotherapy [LON:AVO] and ServicePower [LON:SVR]. More details at hxxp://www.msmconferences.com/event/igievening200314 At 9:23am: (LON:SVR) ServicePower Technologies PLC share price was 0p at 6.75p yoyoy 3 Mar'14 - 18:35 - 2189 of 2218 0 0 edit Results due on 26th March and the presentation is on 20th. The presentation seems to be a first for SVR. Background to the company and future potential plus drawing the company to PIs attention? A start to promoting the company? Will there be a brokers forecast after the results? I cannot see the finals disappointing if the co. is going to this length but wdik.
30/12/2013
22:35
galacticus: ServicePower is the only company that can provide a complete, global field management platform that controls all elements of the service lifecycle from offering an appointment, assigning resource and dispatching work through to tracking resources, processing claims and providing business intelligence and analytical reports. With advanced intelligence-based scheduling, dispatch and open market auction software, as well as access to a global network of 86,000 repair and installation technicians, we enable companies to control and schedule work using a mixed resource pool of employees and independent contractors. ServicePower provides solutions that cross all industries. Current customers include Assurant Solutions, Mitsubishi, Farmers Insurance, and Pitney Bowes. They have announced various deals over the last 12mths including with E-ON UK and some tier 1 US companies. their website is pretty good in terms of news, media and links to external publications. they have a market cap of £10mln and a share price of 5.-5.75p and after a profit warning in dec 2012 seemed to have turned a corner over the last 6 mths, but what has weighed on the share price are at least 2 sellers which I will deal with later. 2) in terms of finance they have now turned a corner after some pretty awful figures in 2012 which had resulted from delays and issues with payments and now have a pretty good cash position of c £2mln ( so 20% of mkt cap) with more trade recievables due in this last quarter. They also on fiurst glance appear to be debt free ..........this was from their November 2013 statement "By mid October, revenue booked to date had exceeded the prior full year revenue of £11.1 million. As at 31 October 2013 the Company had cash balances of £1.7m, following the repayment of a portion of the Company's convertible debt (leaving a balance of approximately £0.8m in principal outstanding) and in advance of collecting the larger maintenance renewals prior to year end" 3)in terms of mgmt., they have recently bought shares in the open market and one director bought 600k and 400k of shares in September "Following the transaction, Mr. Bury is interested in 9,262,599 Ordinary Shares, equivalent to 4.6% of the total issued share capital". one main director resigned in the last quarter due to the terminal illness of his wife, and in December a new CFO was appointed who appears to be recruited to drive SVR further into the black "Marne Martin, CEO, ServicePower Technologies Plc commented: "I am delighted to welcome Tajinder to the team. As reported in our recent trading update, ServicePower has been successful in driving revenue growth in the year to-date, and we are focussed on delivering improved operating margins, providing a strong financial footing for the future and for delivering sustained growth. Tajinder will be a valuable addition to ServicePower as the Company executes on this plan" 4) in terms of main holders this link is disappointingly out of date but shows you that much of the shares are held tightly, and as per the above Mr Bury was busy buying in autumn. hxxp://www.servicepower.com/investors/share-information/ However of more importance are the 2 sellers which I believe are responsible for the lull over the last 2mths, on 7th nov the Ruffer fund for its clients said it had gone below 5% with c 9mln shares left and on 26th nov the ORYX fund had goen from 12mln to 8mln, so if BOTH were selling to zero there were 17mln shares left to sell during Nov-Dec. I watched the trades on LSE and 17mln+ in 100k, 1mln and 4mln batches were sold over the last 5 weeks and I BELIEVE BOTH these sellers have finished. 5) in terms of contracts and media they had very positive coverage after their November trading update and have previously had great testimonies from GE Electtric and from gartner in October where they state " ServicePower (AIM: SVR), a market leader in field management, continues to improve its position within Gartner's annual Magic Quadrant for Field Service Management. ServicePower was evaluated for completeness of vision and ability to execute." SVR also announced positive RNS in Summer with a Global insurer (£1mln+ contract) and in November they extend geographical reach into Germany and Czech. Their website gives lot of links to research papers also hxxp://www.servicepower.com/knowledge-center/aberdeen-report-2013/ 6) in terms of legacy issues, the main one was the profit warning from Dec 2012 and also the lack of private investor awareness of SVR, the 2 sellers have also weighed heavily on the share price as have the high cost of sales fr Report post riddler Today 20:45 SVR contd 6) the high cost of sales which were £3.8mln for the £7.3mln revenues booked at the H1 2013 point, and while a p/e ratio of 20-25 on current figures may seem high, there is an increased chance that this will come down, as SVR themselves said in Nov 2013 "In tandem with driving revenue growth, the management team remains focused on delivering improved operating margins, providing a strong financial footing for the business for it to enter into 2014. Development of the Company's field service platform has resulted in an extended market reach and new customer wins. New customers secured in the second half of the year include several tier 1 appliance manufacturers as well as the North American segment of an international retailer. Some of these contracts have come through our partnerships with global insurance administration companies. Additionally, contracts with an international beverage bottler and an international consumer products engine manufacturer were also implemented in the second half of the year. Renewal levels with existing customers are high, as they adopt additional products and expand into new geographies. Furthermore, implementation of recently secured significant global contracts is progressing well, and the Board is confident of ServicePower's ongoing success" CONCLUSION: traders should buy @ 5.5p for the potential chart breakout from the 12mth bollingers and formation of bullish cup and saucer pattern on the 3yr chart, while value investors should buy and "back" the BOD in their claims that they have well and truly left the Dec 2012 profit warning behind them, and with director buys, £1.7mln+ cash and greater geographical reach, plus their unique position making them a potential bolt on aquistion it could be that SVRs next results could make the market cap of £10mln look very undervalued
Servicepower share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20160926 07:07:10