Serco Share Discussion Threads

[smithless] 05/11/2020 08:50

Bought a few this morning - see how it goes. Although never good losing a contract, this one was a non-controlling interest one, which is not part of its consolidated P&L, but does impact on cash flow. All the indicators point to a buy.

[mallorca 9] 03/11/2020 09:23

Very negative sentiment at the moment but ....

increased guidance to £165m profit pa
reinstatement of dividend likely

I've again added this morning.

It's very undervalued in my view.

Serco is a global business - not just UK.

[davethehorse] 02/11/2020 11:05

Steering well clear

[smithless] 02/11/2020 09:42

Overreaction, but with everything happening at the moment, not surprised.

[cobra kai] 02/11/2020 09:36

MMS sweeping the legs could go to 90p. I staying safe in my dojo.

Kai.
Strike First
Strike Hard
No Mercy.

[mallorca 9] 02/11/2020 08:53

Well that was a nice opportunity to buy a few more !

[w1lbur01] 01/11/2020 21:53

Government to renationalise AWE. Serco own a 24% share in it. Losing lucrative long term deals from next year..

[w1lbur01] 26/10/2020 09:53

Track and trace a poison chalice at the moment soon to be a political football maybe opportunity to top up lower

[jimarilo] 26/10/2020 01:55

Serco and corona virus patent

[w1lbur01] 17/10/2020 17:40

Agree sentiment will change. And with governments spending like no tomorrow and maybe even a cheeky bid G4S style. Or even a merger. Add a divy and £2 plus is on the cards

[mallorca 9] 17/10/2020 10:38

Wilbur,

you are correct that much of the recent price fall was due to negative sentiment created by the likes of Mike Graham on Talk Radio.
To me though that created an excellent buying opportunity !

[energeticbacker] 16/10/2020 17:09

Investor's Champion: What we can’t understand is how relatively modest levels of net debt of £100m - £150m will result in finance costs of a whopping £27m.

[w1lbur01] 16/10/2020 12:40

Problem is it's still getting negative press talkRADIO etc needs better sentiment and divy

[mallorca 9] 16/10/2020 12:37

It's still way undervalued.

[w1lbur01] 16/10/2020 12:34

Hopefully positive dividend news December will get shorts closing for easier targets

[salpara111] 16/10/2020 09:12

Great update, however the catalyst for a sustainable rise will be the long awaited return of the divi!

[babbler] 16/10/2020 08:43

Too many shorters...

[smithless] 16/10/2020 08:42

Couldn't have asked for much more. Should be trading at 160p+, but will have to wait re dividend

[babbler] 16/10/2020 08:29

Yes very nice. At resistance now.

[saltaire111] 16/10/2020 07:39

Divis coming back, plus a catch-up special?

Salty

[18bt] 16/10/2020 07:22

This looks about a 10% increase in the current forecasts for the year. And a huge increase in cash generation which ought to make resinstating dividends after VAT deferrals have been repaid a relatively easy decision.

Current year PER of 14.6x and it feels that growth should continue in 2021.

Forthright defence of their involvement in Track & Trace which should give answers to some of the posters on this board.

[tiger20] 16/10/2020 07:19

Good results imo

[thewheeliedealer] 13/10/2020 20:19

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes SRP and our take on increasing need for effective IT in government. We also chatted about loads of other Stocks and some Ideas for research, and the outlook for Markets and as usual a fair bit of educational stuff with regards to Investing.

Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 33) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer