Serco Share Discussion Threads

[argylerich] 02/11/2015 16:30

Dipped a little toe in the water here too. Don't see any issues with the debt either. That was sorted for the next 2-3 years after the rights issue.

[davethehorse] 02/11/2015 14:11

Happy to stay out for now

[alphahunter] 02/11/2015 13:47

Ok, nothing new here, quite frankly.
RBC has just upgraded the stock to euh...HOLD, with a price target of ...95p in a very heavily caveated note: more limited downside but risks remain, still a number of issues, limited visibility on revenues, uncertainty around AWE, cost of exiting remaining BPO unclear,...so they've built up a nice fence to sit on. Serco is an acquisitive company in the end and no one want to upset the CEO and CFO for too long.


MSD has probably cleared Standard Life, which has been a big seller in the last few months and hovers just above 3%. Templeton's last move was a sale. So let's wait a few days and see who the seller is, if an RNS pops up. No moves seen with the HF recently.

100p does seem to have some magic powers.

[dealy] 02/11/2015 12:21

MSD clearly not worried about the debt either.

[dealy] 02/11/2015 12:19

debt is not a problem. they raised over 500m quid in equity this year and they will get 250m for the indian business when the deal closes.

[nurdin] 02/11/2015 12:02

Couldnt resist taking a small punt here...the chart seems to be turning.

[freddie ferret] 31/10/2015 15:13

Worried about the debt and when it is falling due.
A restructuring favouring debt holders might be possible here.

[dealy] 31/10/2015 14:55

MSD is the fund that manages Michael's Dell's Money. Very interesting.

[dealy] 30/10/2015 16:45

MSD Partners just doubled their stake from 5 to 10%. Together with Templeton that is 20% in safe Hands.

[alphahunter] 30/10/2015 00:09

I look at this negative holding once or twice a week.
I've never seen intraday charts before like the one today on SRP: a high frequency of mini ups and downs in the traded price throughout the day. I don't have a trading software, so can't be bother to analyse the average volume per trade, intraday standard deviation, etc,...but it seems to me that several competing robots/algo may have been at works today.

[davethehorse] 28/10/2015 10:26

The words barge and pole spring to mind....

[alphahunter] 25/10/2015 23:44

Logic would suggest it is falling because it is worth 77p.
You suggest it is worth 77p because it is falling???

[farmsted] 22/10/2015 08:40

HSB could be right with there Recommended target price of 77p as its falling like a stone at the moment

[davethehorse] 16/10/2015 17:14

Looks likely to go sub 100p IMO

[alphahunter] 16/10/2015 08:09

HSBC <=> National Living Wage.

[alphahunter] 15/10/2015 23:01

Agree.
80p seems more appropriate.

[rathkum] 15/10/2015 16:32

HSBC has a Reduce Recommendation with a 77p target price. A bit severe?

[ribblewader] 14/10/2015 15:12

Only SERCo.....send stretched limo to collect asylum seekers

[alphahunter] 09/10/2015 10:33

The whole equity market looks good technically and SRP is underperforming seriously. Top insititutions selling will cap any break-out IMHO - absence of any corporate news.
Long/Short, the way forwards until we get clarity of the FED's intention.
The problem is that the FED doesn't even know what their intentions are...

[ards] 08/10/2015 07:45

tecnicallly looking good

[alphahunter] 27/9/2015 03:34

"SRP's valuation means source of cash for reinvestment elsewhere for their institutional shareholders"

Templeton and Artisan have just proven the point, down below 10% and 5% respectively.
SRP's established institutionnal shareholders are selling down.


SRP trades at a large premium to ATOS, that I'm minded to buy.

[bugle4] 25/9/2015 17:14

Consensus Ratings for Serco Group plc (LON:SRP) (?)
Ratings Breakdown: 6 Sell Rating(s), 11 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating: Hold (Score: 1.79)
Consensus Price Target: GBX 135.67