Interserve Share Discussion Threads

[wad collector] 08/8/2016 11:48

Another contract announcement today , but not as big as the Home Office one 2 weeks ago that drew no RNS.

INTERSERVE AWARDED GBP20 MILLION BBC SECURITY CONTRACT EXTENSION

Interserve, the international support services and construction group, has been awarded a two-year extension of its contract to provide security services to the British Broadcasting Corporation (BBC) worth in excess of GBP20 million.

The company has provided the BBC with security services since April 2014 when it was awarded the Corporation's National Security Contract. This was a three-year deal to provide security services at properties across the UK.

Interserve handles all manned guarding, close protection and control room operations at a variety of sites, including Broadcasting House in London, Pacific Quay in Glasgow and the Media City UK complex in Salford. The account extension will start in early 2017.


hxxp://www.fm-world.co.uk/news/business-news/interserve-wins-home-office-ccs-contract/

Mind you , they have an awful lot of contracts ....

I got my 316 sell later , £500 profit on a holding I bought back on Friday so feeling rather smug. Happy to hold the rest.

[dogwalker] 08/8/2016 11:17

'regulating my risk a bit'...Hmmm. Maybe I will too. Thanks ed.

[edmundshaw] 08/8/2016 10:39

PoochPerambulator, having bought more before Brexit, then more after the Brexit slump, I had too many. Just regulating my risk a bit. Still have lots, and still overweight.

Jeffian, yes am I reducing the upside, but I am also locking in extraordinary gains and regulating risk from where I am now. Works for me.

[jeffian] 08/8/2016 10:38

I don't quite get all this 'underweight/overweight' stuff. If you set an arbitrary limit that no stock should represent more than X% of your portfolio, you're inviting 'average' performance, surely, by selling stocks which outperform!

[wad collector] 08/8/2016 10:30

I take a rise in share price pre-results to be a good thing , but could be completely wrong!

[dogwalker] 08/8/2016 10:10

Just before the results on Wednesday....? Should we all be slicing ahead of them do you think?

[wad collector] 08/8/2016 09:50

I bought them back on Friday for 5% less , will let them go again if hit 315 again!

[edmundshaw] 08/8/2016 09:29

Followed wad and sliced a few, as significantly overweight - almost obese. H1 results on Wednesday.

[wad collector] 04/8/2016 18:56

He may just be a very humble man. But doubtful with that tag.

[chrisgail] 04/8/2016 09:30

Getting a boost from Serco's update today. More steady gains to come overthe next year or so, hold.

[jeffian] 03/8/2016 23:45

And you don't need to write "IMHO". They weren't opinions, they were questions!

8-)

[edmundshaw] 03/8/2016 21:42

Dandan, yes, yes and yes.

[dandanactionman] 03/8/2016 19:27

Am I right in thinking results are next week?Are people expecting an update on the gassification plant issue?Do people think dividend will be maintained given gassification issue?All above is IMHO dyor

[philo124] 01/8/2016 20:52

Yes, and whether that's the last one.

[wad collector] 01/8/2016 20:31

hxxp://www.fmj.co.uk/interserve-awarded-home-office-contract-new-framework/
Another contract without an RNS ; back to the old pattern.

I was looking at the brokers estimates of EPS for next yr ; 75p per share . Which is currently a whopping 25% of the share price Obviously these figures may be wrong , but even if they were an overestimate by 100% , the price is still a bargain. But I guess sentiment is a bit guarded after the energy contract write-down .

[jeffian] 28/7/2016 16:37

No, I'm with edmundshaw on that one. Go to the horse's mouth. Why rely on someone's interpretation of the figures when all the detail is there in the AR? In my experience, 'financials' shown in standard format by the Press or on websites are often incorrect.

[wad collector] 28/7/2016 16:25

Or look at the "financials "at extreme bottom left of your advfn page , it is further down than you would normally look (took me yrs to notice).
Took some profits here at 302 , only because I bought too many , happy to hold the rest .

[edmundshaw] 28/7/2016 13:49

interserve.co.uk then look for investors and annual report. Nothing better than the horse's mouth.

[garycook] 28/7/2016 04:19

Nobby,DYOR

[nobbyk1] 27/7/2016 22:34

how do i see what dividend a company is percentage and times a year on this share plz new to the site thanks

[edmundshaw] 27/7/2016 17:53

Two results today of relevance to us included these texts:

VP:
"I am pleased to report that the Group has experienced a positive start to the financial year.
In the UK, the key markets are generally performing well, with construction and housebuilding in particular generating good demand.
[...]
The business performance year to date is encouraging and we have not seen any impact to trading post the recent Brexit decision.

We anticipate making further good progress this year."

Taylor Wimpey:
"Whilst it is still too early to assess what long term impact the EU Referendum result will have on the UK housing market, there has been no meaningful change to date, with trading in the last month at a normal seasonal range with a net private sales rate of 0.65. The net private sales rate for the year to date (w/e 24 July 2016) is 0.77 (2015 equivalent period: 0.78).

Since 24 June, the early forward confidence indicators amongst homebuyers, together with the continued competitive lending by mortgage providers, have been encouraging and support confidence in the resilience of the UK housing market.
[...]
Customer interest remains high, with website visits solid and customers continuing to register interest in forthcoming developments and to make appointments to progress their home purchases. Whilst we saw a small increase in the average cancellation rate immediately following the Referendum, this remained low compared to long term historic norms and is now back in line with recent low levels. "

[mister md] 27/7/2016 09:56

the whole sector seems to be doing well today