Serco Share Discussion Threads

[freddie ferret] 09/8/2017 16:29

Down today.

[freddie ferret] 04/8/2017 16:29

We have a half year report out.

[freddie ferret] 21/6/2017 16:40

Contract win RNS.

[freddie ferret] 02/6/2017 13:56

There has been a break in the recent uptrend.

[freddie ferret] 31/3/2017 16:02

Nice bounce today, possibly oversold?

[pugugly] 27/2/2017 15:07

Still up to their old ways:
Lincoln school worker almost paid £1.5m after Serco blunder





From April, Monks Abbey Primary School said it would be moving to a new provider because of a number of problems with Serco.

? Indicative of failure to get systems in oreder ??

[davethehorse] 23/2/2017 14:21

SRP had been on a great run but it was looking toppy, hope you got out before yesterday!

[alphahunter] 22/2/2017 19:29

Closed at 118.5p (-19.8%) in the auction - intraday low

[dangersimpson2] 22/2/2017 15:22

These recovery stocks often tend to get ahead of themselves. Even at £1.20 the market cap is £1.3b, for a company that is cash flow negative for the foreseeable future. People look at past values on charts as a guide to the future and forget they represent times when there were less shares in issue and before higher margin parts of the business were sold off. If the balance sheet provisioning is accurate then debt will still be ramping up over time regardless of any earnings reported.

[alphahunter] 22/2/2017 13:48

This stock used to be heavily shorted in the past - but now only ~3% based on declared positions. Key to see if this increases again, as well as if the Management buy more shares in the market again.

[leadersoffice] 22/2/2017 08:10

Slow turn around. This sector is cursed at the moment

[hawaly] 18/1/2017 07:56

The Questor Column:
Serco shows renewed health as turnaround plan lifts profits and cuts debt: After a strong 2016 support services group Serco is slowly rehabilitating itself. Fresh progress toward Chief executive Rupert Soames’ revenue growth and profit margin targets could lead to further share price gains for patient investors. According to analysts’ forecasts sales may have bottomed last year at around £3billion and, although only minor improvements are expected in 2017 on the revenue front, profits are already on the rise. Return on sales reached 3.3% at the first-half results, on an underlying basis. December’s 10-year framework contract from the Barts Health NHS Trust suggests the company may finally be emerging from the Government’s doghouse after the criminal tagging overcharging fiasco. Further big deals would be a further assertion of Serco’s return to health. However, President Donald Trump’s plans to repeal and replace America’s Affordable Care Act, or ObamaCare, must be watched, as Serco does work for the scheme. Finally, net borrowing fell to just £120 million at the end of the first half compared with £682 million when Mr. Soames took over, owing to 2015’s rights issue and the self-help programme. Serco is not without its risks and the profit targets may only be met in two to three years’ time but Serco looks to be on the way back. Questor says ‘Buy’.

[leeson31] 06/1/2017 07:11

steady as she goes :-)

[leadersoffice] 06/1/2017 07:08

I'm ere. Trying to remember what I bought these at but I'm guessing £1.22. Happy that SRP are turning the tide albeit slowly. I'd like to see the divi restored this year.

[leeson31] 05/1/2017 16:33

no one here? lol 150 looms, after that, a run towards 200p

[leeson31] 08/12/2016 08:33

new highs..

[leeson31] 10/11/2016 10:58

this looks poised for a run now...

[leeson31] 10/11/2016 09:45

i did y/day!! :-)

[davr0s] 10/11/2016 09:36

Has to go soon. Why not buy some more to help it over the line?

[leeson31] 10/11/2016 09:18

this time, this time!! :-) a run to ~155 :-)

[davr0s] 08/11/2016 08:40

Hi Leeson - I'd be happy with any of those figures!

[leeson31] 08/11/2016 08:38

hopefully not :-)

little bit of resistance around 190p, but after that recovery is at ~225p