Serco Share Discussion Threads

[undervaluedassets] 14/6/2021 08:10

The shareprice has not kept pace with events (good results essentially) over the last 2-3 years. Perhaps finally some recognition.

[18bt] 14/6/2021 07:41

Good update. Growing proportion of profits in JVs which skews comparisons, but this year's EPS should be now around 10p, making this look great value compared to many others - GARP.

[leadersoffice] 14/6/2021 07:08

Contract win VIVO plus Current trading and updated guidanceThe strong performance we saw at the beginning of the year has continued. All of our four divisions have traded in-line or ahead of their budgets in the first five months of the year. In the UK in particular, volumes on both our Testing and Tracing contracts have continued to be strong and we now think it likely that demand for these services will continue for longer in the second half than we previously anticipated. Accordingly, we are increasing our guidance for Underlying Trading Profit in 2021 by GBP15m, to around GBP200m. The VIVO contract will not have any material impact on our profits in 2021.

[leadersoffice] 14/6/2021 07:06

Wakey wakey holders

[davethehorse] 10/6/2021 08:21

Can't post its subscription only. Basically says Servo are undervalued and tipped as a buy.

[mj19] 10/6/2021 07:51

Can anyone get the times article Serco: A 'more normal company' ready to goAmy WilsonThursday June 10 2021, 12.01am, The TimesAnd post it pls

[undervaluedassets] 08/6/2021 09:42

me too. The recent string of improving results has been ignored by the market. These things get recognized in the end.

[mj19] 04/6/2021 18:50

I am holding tight

[18bt] 30/5/2021 09:05

1.4p div paid on fri 4/6

[mj19] 29/5/2021 09:42

Dropping each day

[undervaluedassets] 24/5/2021 15:18

I think that sentiment will turn here .. The fundamentals have definitely turned. last results were good.

[ellipses] 30/4/2021 17:43

https://twitter.com/wlondonwelcome/status/1388069678145282055 https://twitter.com/Procure4Health/status/1383445675241705479 But that's OK as long as you get your divi's ...

[18bt] 28/4/2021 18:01

Shore Capital: Serco maintains momentum Outsourcing giant Serco (SRP) has upgraded guidance on the back of new contract wins and an acquisition, reaffirming broker Shore Capital’s faith in the company’s continuing momentum. Analyst Robin Speakman retained his ‘buy’ recommendation on the stock, which closed up 1.7%, or 2.4p, at 144p on Tuesday. The company announced two contract wins with the UK government and the completion of the acquisition of Whitney, Bradley & Brown, bolstering its US defence services business. Speakman said that left Serco shares trading on about 14 times earnings for its 2021 financial year. ‘With contract success and with the acquisitions, we expect modest earnings growth in full year 2022 as the effects of the pandemic begin to unwind towards normalised trading,’ he said. The analyst also expects dividend flows ‘to strengthen’ – the company has a dividend yield of 1.6% at present. ‘We see momentum in Serco at an underlying level…and the prospect of further positive news leveraging a now solid balance sheet,’ he said.

[wynmck] 14/4/2021 10:47

UBS raises price tgt to 165(155)BUY

[undervaluedassets] 06/4/2021 08:10

The funding news re COVID testing (£8billion to be spent on testing) announced by the government over the bank holiday weekend is good news for SRP. The testing stocks have all taken off today. We will see secondary follow through soon as implementors of that test and trace strategy. They are going to be kept busy chasing those variants with test and trace.

[wynmck] 01/4/2021 10:56

Davy Initiates with Outperform

[undervaluedassets] 24/3/2021 08:30

track and trace here to stay with new variants bought a few more..

[leadersoffice] 18/3/2021 01:10

Nice to see where finally on the move. Bodes well for 2021

[uhound] 17/3/2021 09:28

Nice contract renewal announced! Should help maintain momentum.

[undervaluedassets] 16/3/2021 16:39

Director buy + buybacks + dividends.

[casholaa] 16/3/2021 11:04

Took it's time.

[mallorca 9] 16/3/2021 09:05

At last this is beginning to move - so undervalued.

[wynmck] 15/3/2021 15:47

40k Dir Buy

[smithless] 03/3/2021 08:45

Totally agree. Should be trading at 160p.