Serco Share Discussion Threads

[saltaire111] 08/8/2020 09:32

I see Mr Farrige is now wetting himself at the quadrupling in the number of migrants now entering the uk. Those who opposed brexit, and wanted to remain in Europe, did tell him that once we were out, we would have absolutely no influence over the French and their efforts to hold migrants on their side of the channel. Brexit appears to have delivered exactly the predicted result. He’s kicking off about Serco earning a crust in providing a service to the Government but the service Serco provides is a product of his policy - he advocated leaving the EU. Everyone knew that a consequence of this would be more migrants arriving from France. so why is he whinging?

Salty.

[saltaire111] 07/8/2020 22:54

I’m sure they will pay the divi at some point in the next six months. And, a bit like a direct Line earlier this week, they’ll pay a ‘catch-up special too’. And they’ll do this, just as the management teams’ stock options and RSU grants are about to vest.

I’m almost certain this will be what happens.

Salty.

[chess123] 07/8/2020 12:10

lol, P off more like it was going to sell when up 12p yesterday morning next thing I new down 20p then 28p, , so stuck at the moment, also down on Diagio, so not been a good week.

[davethehorse] 07/8/2020 11:55

You sound desperate Chess123?

[chess123] 07/8/2020 11:20

Hard to believe this is now down 20% in 2 days, still dropping, broker forecast are still good, looks like further to fall, hopefully takeover news will appear, last November was the last talk of takeover fever , .

[wipo1] 07/8/2020 09:24

Yes crazy times, I don't where the government is getting the money when it more or less said it was bankrupt in March?

[palwing32] 07/8/2020 09:13

Nigel is on a mission. Unfortunately Serco are the firing line between Nigel and the Government and are likely to be wounded in the crossfire. Might be worth putting on a steel helmet, whilst taking cover until the dust settles?

[wipo1] 07/8/2020 09:10

I wonder if Nigel Farage is long lol

[essentialinvestor] 06/8/2020 21:44

duck, what type of price would that target?.

[chess123] 06/8/2020 21:40

Wonder how share price will open tommorow, Dow Jones has risen again, fingers crossed a 20p rise.

[palwing32] 06/8/2020 20:51

You did indeed Ducktack.Good call. Contrary to my earlier optimism, I am not keen on the bad press that seems to be ramping up recently. Doesn't look like it's likely to go away anytime soon. Might be time to bank some profits?

[ducktack] 06/8/2020 19:21

Not gloating but i did mention a 'Double Top' chart, just saying.

[phillkay] 06/8/2020 18:47

Very interesting that this price seems to be a continuation of the lower, parallel trendline if you join the low in late April and June with this one.

[dealy] 06/8/2020 15:04

so for a 2% divi they take a 16% risk?This obsession with dividends has to end. Dividends are a function of earnings

[chess123] 06/8/2020 15:04

The way things are looking regarding share price drop , think it's a certain for finishing in low 130s , hope I'm wrong.

[mallorca 9] 06/8/2020 14:51

I wonder whether income fund managers had bought in ahead of results and then had to offload as no divi announced.

[mallorca 9] 06/8/2020 14:50

Buy's beginning to come in .... perhaps a strong close

[chess123] 06/8/2020 14:49

Once it went down 25p, next drop minus 31, then 37 still can't get my head round massive fall in sp, just doesn't add up, strange.

[mallorca 9] 06/8/2020 14:49

Watched Rupert Soames on Sky news at lunchtime .....

I wasn't aware that Serco is also now doing 'test and trace ' for the Government.

[mallorca 9] 06/8/2020 14:47

Can't help myself ...

just added more

[essentialinvestor] 06/8/2020 14:45

Covered in todays FT Markets Now, for anyone interested.

[chess123] 06/8/2020 14:35

Red alert, Thanks for checking that . just looked at share price again now down 17%28p a share, unbelievable, when I checked at 8am said up 12p, gutted never sold out first thing, wonder how low this will go, wiping out yearly gain in one Day. Today is kaput so to say hopefully tomorrow be better.

[essentialinvestor] 06/8/2020 14:30

Dave thought 1.30/40, might be worth a look.

[mallorca 9] 06/8/2020 14:27

Topped up.

Now the biggest holding in my SIPP.

'Exceptional Financial Performance'.

So many government Contracts all over the world.
High profit margins.
Strong balance sheet.

For me it's one to take a fair stake in and tuck it away.