Serco Share Discussion Threads

[davethehorse] 19/12/2013 09:26

Nothing encouraging in that statement, can see the shares sliding back to 400p sort of level short term

[palwing13] 19/12/2013 08:50

Slippery slope finally revealing itself......

[palwing32] 13/12/2013 20:29

And there goes the NHS out of hours contract! You have to laugh at this bit, "Serco supports governments, agencies and companies who seek a trusted partner with a solid track record of providing assured service excellence. "Who are the fooling? Really.......!!!

[davethehorse] 12/12/2013 15:26

Unsurprising news - trust has been shattered, can see the shares sliding further unless they put some good news out in the near future

[farmsted] 12/12/2013 14:58

I see that Blackrock have bailed out

[tonysss13] 12/12/2013 10:04

G4S and Serco lose tagging contracts
Breaking news

Private firms G4S and Serco stripped of responsibilities for tagging criminals in UK following overcharging scandal

[osirisra] 08/12/2013 06:26

One one more day to go to bag yourself a three course meal for four voucher in the online auction in aid of the injured soldiers of 33 Engineering Regiment. For the full details of what and why please go to post 127628 or my website Debdencycle.co.uk or just follow the link below.
Thanks to all of you for the support.
Osi'.

[palwing13] 28/11/2013 05:29

Current management must still be wondering when and what the press will possibly unearth from the currently mute disaffected. Ticking time bomb IMO.

[osirisra] 26/11/2013 09:49

This may have stopped dropping for now but clearly SRP's share price was based on forward earnings (going by the divi ratio). People were buying today for the projected divi next ear, the year after etc. The announcement that profits will not continue to grow at the same rate as previous years took more out of an already battered share price than the tagging scandal had initially. This is a factor which most posters have overlooked.
If it is shown at the next results or through an RNS that the profit dip was less of a blip but a new trend there will be a serious rerating to SRP's share price To yield 3.5% for instance at the current divi level the share price would need to be 369. This is a figure that seems ridiculous now but watch this space. Why choose 3.5%? 3.5% would put SRP (if it were still in the FTSE 100) in the top 1/3 of divi payers, not even the top 25% so I think this is a decent theoretical figure to calculate from.
Osi'.

[palwing13] 24/11/2013 11:43

lol Dendira.... great typos?! ;-)

[dendria] 24/11/2013 09:40

Aldermanston and RAF Flyingdales... where are they then?! Pretty poor from the Telegraph.

[bones] 23/11/2013 18:06

Telegraph filling space again:

[palwing13] 23/11/2013 01:13

"The setback triggered fresh warnings from analysts over Serco's ability to retain existing central government contracts, worth £1.2bn a year, when they come up for rebid."Sound familiar? See my previous posts.

[palwing13] 23/11/2013 01:10

Tip of the iceberg IMOhTTp://www.telegraph.co.uk/finance/newsbysector/supportservices/10469118/Fears-over-contracts-as-Serco-loses-out-on-450m-prisons-deal.html

[davethehorse] 22/11/2013 13:01

More bad press

[davethehorse] 21/11/2013 17:12

If they do it will be fill your boots time :-)

[bad robot] 21/11/2013 16:40

This will be sub 200p.

Of course it's a dead cat bounce, sucking the mugs in and then they will wack it

[davethehorse] 20/11/2013 10:33

Hopefully not a dead cat bounce but wouldnt be surprised if it was given that they are oversold, just hope they find a floor to build off now, the worry remains in many investors eyes any other closet skeletons as yet undetected/reported as others posters have mentioned, hopefully not

[farmsted] 20/11/2013 08:10

What's the tagging problem going to cost Serco ??

[theprovosts] 19/11/2013 15:42

Greatest investment technique possible, read these boards, when all the noobs have said they've 'sold', '3p next', 'down the pan', just buy.

Youve gotta remember that 90% of traders loose money, so just do the opposite of the clowns.

Cheerio :)

[bigman786] 18/11/2013 18:03

Good thinking danwaits

[danwaits] 18/11/2013 16:54

Any clues as to which companies might be in line for SRP & G4 contracts? I see that SVCA issued an upbeat trading statement recently, but they're more into Government recruitment and security personnel.

[palwing13] 18/11/2013 12:12

Yep Davethehorse. There's a lot of "bad blood" out there. Only needs one committed journalist with a big purse to loosen a few lips and that will be that.Is it worth risking your hard earned cash on a potential ticking time bomb? All IMHO of course.

[mj19] 18/11/2013 11:42

Jefferies has lowered its price target for government services group Serco after the firm's profit warning this week, but maintained its 'buy' rating, saying that the subsequent share-price drop was an 'overreaction'.

"Some investors threw in the towel yesterday and we think Serco's share price has overreacted to risks, particularly as there are signs of a warmer relationship between government and outsourcers." The broker said that UK government reports will be key to the firm's revenue outlook and "rehabilitation in the eyes of investors".