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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
  -3.50 -2.52% 135.60 135.80 135.90 140.00 135.70 140.00 1,844,868 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 3,884.8 153.3 10.9 12.5 1,664

Serco Share Discussion Threads

Showing 1926 to 1950 of 2250 messages
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DateSubjectAuthorDiscuss
06/8/2020
11:33
Chess , my feeling is that it will be announced in the full year results. SP may be well over £2 by then
mallorca 9
06/8/2020
11:31
Serco section just about to start on Talk Radio - Mike Graham . Live on You Tube or listen on your radio / laptop
mallorca 9
06/8/2020
11:07
Mallorca 9: Any idea what the dividend will be if reinstated later this year and when most likely to be paid Christmas would be nice, I've searched and can't see anything, Many Thanks.
chess123
06/8/2020
11:06
Great 1st half due to effects of contracts kicking in from last year. 2nd half likely to be more difficult imo
davethehorse
06/8/2020
10:32
The Mike Graham show is also live (now) on You Tube - search Talk Radio. Lot's of mention of Serco - is going to be the main subject in the 2nd half of the show.
mallorca 9
06/8/2020
10:16
Rupert Soames, will be giving an interview at 13.30 live on sky news, hopefully if says Dividends could be restored this year, will help the share price can't believe the fall Down over 12%
chess123
06/8/2020
09:28
Tune into Talk radio at 10am. It's actually a great show (Mike Graham) but at the moment it's largely about Serco. He say's that his campaign will go on and on until Serco talk to him.
mallorca 9
06/8/2020
09:25
Hmm decent results - missed forecasts?
scepticalinvestor
06/8/2020
09:24
No divi kills 12% of company’s value. Let that be a lesson to others! Salty
saltaire111
06/8/2020
09:07
thanks for that info mallorca. in virtually the first sentence he describes serco as being 'owned' by Rupert Soames - hard to take seriously RA
redalert
06/8/2020
09:07
Didn't know that, good to know.
phillkay
06/8/2020
09:06
No certainty of dividend and some downbeat comments about future virus impact on revenue versus the offset by gaining work supporting it, the latter being more unpredictable. That said, these earnings and this drop have lowered the PE and there is strong support at 150, so I don't think it will drop much lower than that, apart from the usual drift caused by lack of momentum.
phillkay
06/8/2020
09:01
If you tune into Talk Radio at 10am for the Mike Graham show you will see that they have launched a campaign against Serco due to Serco carrying out the Government Contract for processing / housing the 48000 Asylum seeking currently in the country and those arriving every day. It's a huge issue and Mike Graham is leading a campaign to find out what is going on. At the moment Serco's name is being dragged through the mud.
mallorca 9
06/8/2020
08:54
To Ducktack. Please get your facts straight. I'm no apologist for the Soames family but Nicholas Soames hasn't "been in government" for many years and retired from politics last year having had the whip withdrawn. Rupert S has been in business all his career and hasn't got to where he is now on just his "connections" (which it must be admitted are pretty gold plated). SERCO doesn't make government policy it just provides services to them and others under contract. Can any one explain why the share price has dropped 10p?
nsolo
06/8/2020
08:44
I can only imagine that the fall is due to no divi yet. May bounce back strongly in the coming hours.
mallorca 9
06/8/2020
08:40
Outsourced services provider Serco has announced revenue grew by 24% in the first half and profits also rose, boosted by contract wins in 2019 and the acquisition of the Naval Systems Business Unit of Alion last August, while COVID-19 had 'little effect' on profits.In its results for the six months to 30 June 2020, the company reported revenue £1.8bn, with organic growth of 15% and a 9% uplift from the Naval Systems Business Unit (NSBU) in North America acquisition.Underlying trading profit climbed 53% to £78m in the first half of the year, with NSBU adding 20%, while reported operating profit increased by £72m to £89m.Serco said its order intake during the period was 'strong' at £1.9bn, with approximately 60% of the order intake related to existing contracts being rebid or extended and 40% being new work. This took the order book from £14.1bn at the end of 2019 to £14.5bn.Group chief executive Rupert Soames called its first-half performance 'exceptionally strong' and said that while Covid-19 has had little effect on profits, 'there have been some dramatic impacts, positive and negative, on individual contracts'.Soames added: 'Pleasingly, at a time when a number of tenders have been delayed as a result of the crisis, our order intake was once again ahead of our revenues giving us a positive book-to-bill ratio.'Serco saw free cash flow increase by £80m year-on-year, as cash flow benefitted from tax payment deferrals of around £49m, although the company said that subject to trading in the second half, it intends to pay taxes deferred by the end of the year. At 8:27am: (LON:SRP) Serco Group PLC share price was -16.9p at 152.5p
mj19
06/8/2020
08:16
I'm in on that fall. Thank you.
mallorca 9
06/8/2020
08:04
Cracking set of results - and showing sensible social responsibility in the comments on repaying loans and not taking the £1,000 job continuation payments. I'm fully expecting dividend payaments to recommence from Q4. I'm afraid this shows that Governments need well run companies like Serco to deliver quickly - the public sector on its own just cannot staff up properly in a panic as has been shown. As much as some don't like it, SRP is miles ahead of where it was and it ain't going away.
18bt
05/8/2020
11:01
ducktack. Yes, I have to agree with you. We STILL live in corrupt times and the "old boys network" is still in existence and has been so since time immemorial. However, we can't change that, so perhaps just ride the wave and hopefully make a few quid on the side. As I think you suggest, the chart is looking promising.Hopefully SRP have their Government contracts well written, so that if the sh1t hits the fan ref housing illegal immigrants at the TAX payers expense, SRP still get paid until the end of any such contracts. If they haven't, then it would be very short sighted of them. Only time and world events will tell. GLA.
palwing32
04/8/2020
23:59
This company is putting up illegal migrants at the tax payers expense as well as so many other dodgy deals. It's now becoming national knowledge that Mr. Soames who runs it has his brother in government.........how coincidental. Hope you feel proud but your taxes will be paying for your profits. The number's up. Great.Chart wise......double top anyone??
ducktack
03/8/2020
09:47
sorry, but Capita EV is only about 1 billion. So EV/ Sales is about 0.3
dealy
03/8/2020
09:40
I think it is a useful metric for PLCs (and particularly for the highly geared ones) because it shows how much of the enterprise value of the business is debt and how mucg equity. In CPI's case, the enterprise value is something like £1.91 bn for which you get turnover of c£3.3bn. The comparative for SRP is £2.38bn of EV for which you get turnover of £3.71bn - so not much difference in the EV/turnover. CPI has a much better EBIT/EV ratio because of the risk in the debt. Agreed CPI is selling businesses, but it is selling profitable businesses, so profits will decrease as a result, making the PER less relevant as a measurement. I never like EBITDA as it is just an excuse to forget about that fixed assets need replacing and, whilst I haven't researched it, you'd need to look at CPI's policies for capitalising software. Anyway, a healthy debate.
18bt
03/8/2020
09:26
Thanks for the post but there is no financial metric that relates market to net debt. Market cap is a sentiment driven variable, not a financial measurement per se like Ebitda or cash flow. Private companies for example have no market cap per se. Net debt to cash flow or Ebitda are important for sure. Also capita is eyeing disposals right now of software businesses worth several hundred million. This will improve the balance sheet
dealy
03/8/2020
09:15
CPI expecting fall in both turnover and profit in 2020 before recovering vs 14% turnover growth and 15% EPS growth at SRP- admittedly that's reflected on 6x PER for CPI vs 22 for SRP, but consensus forecast history has been on the up for SRP. The real problem at CPI though is debt which is 3x the market cap and pension deficit as well - that will allow SRP to keep growing whereas CPI will have to downsize. I don't deny CPI is cheap, but I think that's for a reason.
18bt
03/8/2020
09:05
5 times better run as reflected in the valuation disparity or just marginally better run?
dealy
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