Share Name Share Symbol Market Type Share ISIN Share Description
Serco Group Plc LSE:SRP London Ordinary Share GB0007973794 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -0.54% 146.20 146.10 146.20 149.90 145.80 149.90 203,997 09:16:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 2,836.8 74.1 6.2 23.7 1,789

Serco Share Discussion Threads

Showing 1701 to 1723 of 1925 messages
Chat Pages: 77  76  75  74  73  72  71  70  69  68  67  66  Older
DateSubjectAuthorDiscuss
03/2/2016
13:09
Looks like your right - very weak in a weak market
davethehorse
02/2/2016
12:33
Sink, things are going pear-shaped here, and Mrs Mallorca will not be happy that her old man has just re-mortgaged the house to buy in here!
bookbroker
02/2/2016
12:11
Sink or swim....
davethehorse
26/1/2016
12:13
I've just bought in here.
mallorca 9
15/1/2016
17:39
RNSs on the 13th and 15th of this month are interesting.
freddie ferret
13/1/2016
10:03
Pictureframe, depends which contract you are talking about, take a look here hxxp://national-security.governmentcomputing.com/news/mod-opts-against-extending-serco-dbs-agreement-4772327 )replace the xx with tt)
ribblewader
12/1/2016
15:54
Can anyone confirm if the contract with MOD not renewed?
pictureframe
11/1/2016
15:18
Even at 70p this one is pricey.
rathkum
11/1/2016
14:10
Continuing to slide, how low will it go....
davethehorse
08/1/2016
09:48
hello, im new on here. Serco is being a real pain ay? its definitely going to be an uphill battle before it makes reasonable gains in its share price. what do you think?
peterjameslewis
07/1/2016
17:40
Everywhere.
freddie ferret
07/1/2016
08:37
It's getting ugly...
davethehorse
16/12/2015
11:44
Serco downgraded as 2016 outlook deteriorates Outsourced security company Serco (SRP) has been downgraded as the outlook for 2016 is expected to be ‘materially worse’ than forecast. Numis analyst Julian Cater downgraded his recommendation from ‘hold’ to ‘reduce’ and reduced the target price from 130p to 85p. The shares fell 2.2% to 94.6p yesterday. ‘The unscheduled trading update indicated that the out-turn for 2015 is expected to be a little better than previous guidance, both in terms of underlying trading profit and free cashflow, but the outlook for profits in 2016 is materially worse than we – and consensus – had forecast,’ he said. ‘Combined with the impact of the business process outsourcing [division] disposal, we have lowered our 2016 and 2017 earnings per share estimates by c.50% to 1.7p and 2p.’ He added that the 2019-2020 margin target of 5-6% looks ‘aspirational’ and ‘assuming the mid-point of management’s 5-7% revenue growth is achieved 2018-2020, it would require a drop-through margin of more than 20% of new contracts to deliver a 2020 margin of 5% - extremely unlikely for a business delivering front-line services’.
rathkum
15/12/2015
19:07
Hi dangersimpson2. No. It would appear they slowly came to the conclusion that it would not make good financial or strategic sense to sell those two businesses. Effectively, today they held their hands up and said, "We got it wrong." On a strong up day for the market (ftse100 closed up 146 points), Serco closed down about 2p. My interpretation of that response is that the market had its confidence shaken by the 180 degree turn. I can see that the former Chief Executive probably had to go in order to draw a line under the wrong doing, but did they get the right replacement? Share price was around 360p when Rupert took up the Serco job; today under 100p. He would no doubt say that the Group financial position turned out to be worse than he had intially expected - "over-optimistic accounting". It's up to the major shareholders. If they are content with this performance, then it's likely to continue.
ed 123
15/12/2015
11:44
Do you think the 'strategic and finacial' reason was that nobody was prepared to pay them anything for it?
dangersimpson2
15/12/2015
11:03
Now sub 100p Mr Market does not seem to like today's announcements .
pugugly
14/12/2015
14:43
Shorts have actually reduced this last six months.
bugle4
08/12/2015
08:26
Surprized that the shorters haven't hammered this more (yet), looks set to go sub £1 again IMO
davethehorse
07/12/2015
11:04
@105p Serco has a £1.15b market cap. When you add in the predicted £200-250m net debt at the end of 2016 you have an EV of £1.4b. Seems expensive given that they are predicting only £50m underlying PTP in 2016 with contniued cash outflow. Would be a P/E of c.35 normalising tax rates. You've got to beleive in a massive runaround in profitability and cashflow in 2017 to get anywhere near a sensible valuation at today's price let alone upside from here.
dangersimpson2
07/12/2015
10:25
Mmmmm....makes you wonder what the rise was all about over the last week or two #suckerpunch
davethehorse
07/12/2015
09:34
Why can't the Company make more than 50m on 2.8 Billion of clean Revenue? I think they are, what is known in the Business as "busy fools". Need to increase margins. Can't be that difficult. M&A will solve that Problem i.e. they being acquired.
dealy
07/12/2015
09:30
Will the gap to 93p be filled
onjohn
07/12/2015
09:27
By the way, credit to the Management team for the level of transparancy in their outlook. Not the usual winks and nods to sheppard and shape the brokers and FMs into their forecasts/expectations behind four walls. A refreshing, US-like approach. Edit MS1: I hope you haven't lost too much and once again, thanks again for sharing earlier this week.
alphahunter
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