Serco Share Discussion Threads

[davethehorse] 18/9/2020 10:18

Interesting

[dropcable] 18/9/2020 07:48

Amazon is about to snaffle Test and Trace.

[davethehorse] 16/9/2020 12:02

Why the drop?

[joestalin] 25/8/2020 19:49

What do you think of Serco involvement in housing illegal immigrants?

Is this easy money, or will it blow up in their faces?

[spagboll] 25/8/2020 09:10

I agree on the mass testing carer. Difficult to do but certainly in those lock down areas it makes sense to go door to door but I think that is what they are doing. As for Serco and SDL making a lot of money out of COV-19, they make some - it is a fixed margin which is probably 3 or 4%. To me I am impressed that they can recruit 12,000 or more people within a matter of months. Paying those people takes money so thus the large sums the govt pays. But if Serco wasn't employing them to help with things like Test and Trace would the govt. be paying them out benefits anyway, even paying them Furlough money? I think they would, so it makes more sense to me to give them work. Also of course Serco are losing money from their contracts for running swimming pools and other facilities - listen to the webcast of the AGM, gives some background on all this. As I recall they actually say it balances out for them although of course things like Test and Trace can be ended on short notice so they are as keen as everyone else to see the end of Cov-19.

[carer] 24/8/2020 17:26

Serco and another company SDL? are paid 200million pound for track and trace , and possibly more according to recent newspaper article. That is a lot of money to gain form COV-19 situation. If the mass testing is implemented as tony Blair is suggesting , then somebody will make more money. I think the best way to mass test to get back to normal , otherwise , the whole uncertainty will be with us forever.

[smithless] 23/8/2020 16:34

Regurgitated old news, with a new spin. I'm hoping Serco distances from the whole Covid-19 situation - not sure its worth the aggro.

[dropcable] 23/8/2020 13:56

Dated 21st August 2020

[smithless] 23/8/2020 11:17

dropcable - old news!!

[dropcable] 22/8/2020 10:17

Ooops. Serco misses out on a Government contract.



I thought they already had that one or was it track and trace and if so have they done such a bad job on track and trace that they have been sidelined?

[essentialinvestor] 20/8/2020 09:57

It looks a potential speculative buy to me, however the price already
demands a lot.

The forward rating rarely gets a mention on here.

For a recovery play, with an arguably chequered record, it's not cheap.

[chess123] 20/8/2020 09:51

Spag:
My Dear friend, ive decided to sell out couldn't take the daily falls, I should have got out in the 140s , but decided to hold , which has seen big falls for my portfolio, I've moved over to RDSB, got in at 1086, which I'm happy with, and feel I don't have to keep an eye on the share price constantly, more confident with them than serco, but I still feel serco is a good share, but just see value elsewhere, no doubt will go up now I've sold, good luck and maybe see you on another MB sometime.

[chess123] 19/8/2020 17:49

Thanks for your post Spag, I was hoping the share price would stay above 1.40p but alas was not to be , was looking bad as was dropping everyday so today is a bonus, I'm hoping for a rise again tommorow and friday and get back into 140s, but feel this is going to be a long term hold.

[spagboll] 19/8/2020 16:32

A rare site Chess. Was thinking it looks more positive today, for the past few days to me it looked like there was a big seller, maybe Blackstone, keeping the price down although it did hold up well. After that drop down earlier I am hoping that was them cleared. Let us see what tomorrow brings, perhaps a revised holding notification will appear. How are your daily predictions going, I've not looked back?

[essentialinvestor] 19/8/2020 15:48

Brian,thanks. I had a lower figure.

[chess123] 19/8/2020 15:36

Spag, what you think massive rise 1.20 today, did you require mouth to mouth resuscitation.

[brain smiley] 19/8/2020 13:35

Essential

On digital look.

[chess123] 19/8/2020 10:29

Thanks Spag.

[spagboll] 19/8/2020 10:26

I realised I can't go pro on investing so had to focus on the day job Chess. Been looking in though, missed you to. Liked your daily prediction - hoping on average it is achieved so today is crunch day!

[chess123] 19/8/2020 10:03

OMG, SpagBoll: my hero were have you been, missing you so much I was crying myself to sleep each night, so happy your back , love your posts, can you let me know when you jet off to the Bahamas again.

[spagboll] 19/8/2020 09:48

I've found the pattern. Chess if you can keep saying it will fall it will rocket. It seems our only chance hahaha

[essentialinvestor] 19/8/2020 09:15

Brian, where are you getting 8.1 from?.

[chess123] 19/8/2020 08:48

Looks like Davethehorse called it right , looking at 130p , resistance has fell away.

[brain smiley] 17/8/2020 11:27

With EPS of 8.1p expected for 2021 - Serco now trades on a 17 forward PE. Maybe due a bounce ?