Serco Share Discussion Threads

[brain smiley] 04/3/2011 09:50

davethehorse

Merril Lynch have upgraded to buy from hold.

You're right about the shorters, they have called this wrong.

[davethehorse] 04/3/2011 09:29

Dont you just love it when shorters scramble to close their positions, assume thats a big reason for the large rise today?

[davethehorse] 03/3/2011 16:12

Looking good for 600p short term now - fingers crossed those price targets are correct and acheivable by September (for us Sharesavers!)

[nellie1973] 03/3/2011 15:57

Tipped in press as a buy

[essentialinvestor] 02/3/2011 23:24

Well done to those holding, cashflow was indeed a stand out.
What a difference a week can make.

[brain smiley] 02/3/2011 22:52

Meanwhile, Graham Brown, also of Evolution, points to the strong cashflow being generated by Serco (LON: SRP) in his analysis of the company's full-year results. Repeating his buy and 650 pence a share price target, he said: "The free cash flow performance was the stand out feature of the results."

Similarly Jonathan Jackson of Killik & Co described Serco's results as 'very reassuring'. "The shares have consistently traded at a premium to the market. We believe this is justified given the excellent visibility, long-term growth opportunities and market-leading position," Jackson said.

[davethehorse] 02/3/2011 19:54

Nice strong finish to the day - maybe a few shorts being closed if The Telegraph story is correct, lets hope it remains strong tomorrow

[davethehorse] 02/3/2011 11:30

Market liked the results first thing - seems thats been tempered since, will need to see what the analysts make of the presentations this morning and the latest price targets going forward.

[davethehorse] 01/3/2011 20:59

Know what you mean re the share save debits Osi- will be really glad to have that back in my take home pay! I am paying the max in too - as you say it will be worth it though come Sept

[osirisra] 01/3/2011 17:16

Fingers crossed about 540. I know charts aren't the be all and end all but apart from the quick blip down to 530 recently that does look like a floor of sorts.
Encouraging todays as well that SRP is up a few points early on and and holding level through what has been a rough day on the wider market.

I'll be laughing my head off if we're nice and high come Sep. When the share save scheme was announced the Mrs and I had a good long chat and went for as much as possible. It was a real struggle for a while with the extra outflow of cash but it's all win, win now. Mortgage will be wrapped up it August, 9/10k share save in Sep and of course no more share save debits from my wages.... Make that win, win, win.

Hmmm,, that's more like a win, win, win, win, win for my on a wider scale. I make my own Biodiesel so rising fuel costs are irrelevent to me. I have the equivelent of half a years take home pay in AFR which is doing very nicely what with the price of oil and imminent x3 production boost. Oh and our wages are linked to CPI which is high on the back of rising oil price. For once in my life it's all looking good. It's been bloody rough at points but you have to keep plugging away.

Sorry folks, sort of gone into diary mode there, GLA.
Osi'.

[davethehorse] 01/3/2011 16:20

Yes will be happy with anything above 600p now Osi - did hope to see 700p a few months back but that looks out of reach for now. Nice bounce again today - it seems it doesnt really want to go lower than 540-550p which is good

[osirisra] 01/3/2011 10:26

Dave, if SRP can keep the trend of the last 5 days (putting on 25p) until September,,,,,,,,,,,,,,,, I'll meet you in the TVR showroom!

Not going to happen I know but it would be nice. Just hoping we will see £6 again by that time really.
Osi' at the DLR.

[davethehorse] 24/2/2011 13:43

Cheers Ed - thats good news and hopefully SRP can get back up above the 540-550p support, we will see

[ed 123] 24/2/2011 08:58

Hi davethehorse.

SRP risen in sympathy with CPI ?

CPI's results are better than some expected. CPI's share price currently up 5.5%.

[davethehorse] 24/2/2011 08:53

Nice bounce this morning - any ideas on whats driving it or has it just fallen too far?

[davethehorse] 22/2/2011 12:05

Not sure but dont like the chart now!

[essentialinvestor] 22/2/2011 09:34

Has the Prison in NZ been impacted by the Earthquake?.

[essentialinvestor] 17/2/2011 14:48

dave, you are in a far better position than me to call the longer term.
My view is a shorter term trading one.

[davethehorse] 17/2/2011 13:59

Yes I am assuming its just a case of the sector they are in are not flavour of the month at present hence the main markets moving up but Serco stagnating. It is a concern that they are not moving up with the FTSE but likewise it may not follow that downward pressure on the FTSE will see Serco drop with it - we will see.

Energy is perceived as the next big growth area to be involved in over the next 10 years plus and Serco will be after a big slice of it.

[essentialinvestor] 17/2/2011 11:06

dave, what is worth keeping in mind, is the current share price is in the context
of a powerful upwards move in the markets.

How will the Serco price perform on any market weakness?.

[essentialinvestor] 17/2/2011 11:03

James, has it really been overlooked?, do not see it that way.
The possibility of some margin compression in the sector, check out
some of the recent comments from Government ministers re suppliers,
combined with last year's unfortunate publicity has not helped imv.

The rating also remains one of the highest in the sector, and although
the dividend history is very good, the yeild remains well below
the market average.

Keep a sharp eye on the 540 level as has been previously mentioned.

[davethehorse] 17/2/2011 10:58

Desperately needs a quick rebound from here - not sure why its so weak at the moment, results should be impressive and I know growth plans look good going forward

[jamesgkenny] 16/2/2011 16:42

overlooked, undervalued. What will drive this towards a true value? Maybe the run up to year end results due 1st March?