Serco Share Discussion Threads

[saltaire111] 19/12/2017 13:41

I just bought some shares. Liked the look of their December update.

Salty

[essentialinvestor] 15/12/2017 13:59

£2-3 ?, That's not just a glass half full view, it's a glass overflowing outlook!.

Can't see how Servo could get back to those levels 9vervtge next 2-3 years,
however never say never I suppose.

[baticle] 15/12/2017 13:03

I've just jumped in here, looking quite cheap with a recovery on the cards, In a year or two time assuming all goes well these could easily be £2/3 +, they picked up some service contracts from Carrilion for peanuts, laughable really as that was the only bit of Carrilion that was making any money and they were saying a year ago they were going to focus on Services as that's where the money was so a huge U turn from them but....they do look screwed so I suppose they had no choice.

[wilksey1] 14/12/2017 16:04

got to be honest did not exspect this drop after yesterdays trading update but hopefully that was just a blip onwards and upwards. j p morgans price looks about right

[freddie ferret] 13/12/2017 17:21

Nobody seems to have commented on todays news and share price rise up to 108p before falling back to 101-102p. Up from 96p yesterday and 91p a few days back.

Seems something has been leaking.


........................................................

" Highlights

-- Profit performance for 2017 expected to be around the top end of previous guidance
-- Closing net debt expected to be towards the lower end of previous guidance
-- Strong order intake of over GBP3bn

-- Definitive agreement to acquire major part of Carillion's health facilities management portfolio now signed

-- Strong profit growth expected in 2018 and 2019
-- Growth thereafter more dependent upon when market demand reverts to trend"


..................................................................


" For 2017, Serco expects to achieve an Underlying Trading Profit outcome around the top end of our previous guidance range of GBP65-70m; profits in the second half will be around 10% higher than in the comparable period in 2016. Revenue for the year is expected to be just under GBP3.0bn; the small reduction against previous revenue guidance includes an adverse impact of currency movements during the second half of the year and other volume and timing effects. The margin for the year will be better than previous guidance. Closing net debt at 31 December 2017 is expected to be towards the lower end of our previous guidance range of GBP150-200m; the final outcome remains subject to the timing of working capital movements around the year-end and the translation effect of prevailing currency rates at the closing balance sheet date. Closing net debt will not reflect the $20m outflow for the BTP Systems acquisition as this is expected to complete in early 2018, and similarly it does not reflect any consideration related to the Carillion health facilities management acquisition as this would only complete in phases over the course of 2018.

Order intake in 2017 has been strong at over GBP3bn which represents a book-to-bill ratio of over 100%, the first time this has been achieved since 2012. Order intake includes Grafton prison in Australia which is the Group's largest ever contract win, as well as other new contracts such as those for Southampton NHS Foundation Trust, the US Army Installation Management Command and for the US Navy Fleet Readiness Centers, as well as rebids and extensions such as those for the US Patent & Trademark Office, air navigation services in the Middle East, facilities management for NHS Forth Valley and citizen services support for Hertfordshire County Council. As anticipated, the pipeline of new bid opportunities will be noticeably lower by the time we report the results for 2017, and is currently estimated to be GBP4-5bn. Refilling the pipeline is unlikely to be a smooth progression given the effect of the timing and scale of individual opportunities; however, as announced separately today, we have now signed a definitive agreement, subject to Carillion receiving shareholders' approval and the requisite third party consents, to acquire the major part of Carillion's health facilities management portfolio; these contracts have an average unexpired period of around 14 years and are expected to add around GBP1bn into our order book"

[master rsi] 29/11/2017 16:00

Back to over 95p after the 50% retracement, allways happens after spikes

[master rsi] 29/11/2017 14:15

Those wating for 75/80p will have plenty to wait, on looking at the bounce of the last couple days.

Now at 93.85p with some large spikes up and then down, should start moving forward from this point after so much shenanigans so far today

[hvs] 27/11/2017 15:01

Churchill coming to the resuce.

[cantrememberthis2] 24/11/2017 09:19

Quick drop to 79p look at the historical gaps... not looking good.

[hybrasil] 24/11/2017 08:44

I have treaded these successfully in the past.
I would take a punt if it hit 75/80p and I think thats on the cards

[hvs] 13/11/2017 16:06

Please please Churchill come to the rescue of your kith and kin.

What an effing disaster.

They all lives off tax payers MONEY

[davethehorse] 13/11/2017 10:51

Depending on which way markets go shorterm could be looking sub 100p now

[5oletrader] 10/11/2017 15:30

Cheers Ed.

[ed 123] 10/11/2017 14:51

Downgraded to "sell" by Liberum today. Their new price target is 100p.

The shares are down around 7p at 106p.

(Not holding any, btw.)

[5oletrader] 10/11/2017 14:15

Thoughts?!

[freddie ferret] 02/11/2017 18:13

Boring sp, but quite a lot of news.

[master rsi] 06/10/2017 11:27

knocking at yesterday's intraday high, and by the looks of it will break it as the order book is strong on the bid side

spread 118.80 v 119p
3.5k at bid 1.2k at offer

DEPTH ( no. of trades on the order book )
63 v 56

[pictureframe] 05/10/2017 15:32

Nice move into close

[lionheart79] 28/9/2017 15:51

had enough of this. I'm out. gl

[master rsi] 27/9/2017 23:18

knocking at 118p late on the day
UT @ 117.60p

[master rsi] 25/9/2017 10:37

Had a bit of not knowing which way to go the last couple days, but today is going places now

Back to 115p offer again as theree is a strong order book
DEPTH 67 v 47

[master rsi] 20/9/2017 16:51

UT of 115.60p +2.60 (+2.30%)

Has been 2 days of rising from the recent low of 110p

1 month chart

[pictureframe] 02/9/2017 12:28

looks like we might be picking up some contracts from G4S