Serco Share Discussion Threads

[racktp6] 12/11/2020 10:32

Is it just being used as a conduit to siphon money out of the government for bozo?

[mallorca 9] 12/11/2020 10:29

Straight through to £1.60

[bc4] 12/11/2020 09:49

Waking up now could be on the move

[prokartace] 11/11/2020 10:34

well 1 out of 2 mallorca

[mallorca 9] 10/11/2020 16:23

prokartace,

that's a very fair point ...

I'm also shorting the DOW via a spreadbet.
The USA daily new cases for Covid is now 130k and rising. That's going to hit their hospitals in a week or two so we could see the USA index tumble - possibly even this week.

I have no concern re Serco though - it will bounce back VERY strongly - we just have to buy now and give it a few months.
£2.50 by end next year !

[prokartace] 10/11/2020 13:47

Talked yourselg into that maiiorca. I will wait a while. Not sure about the whole market at this index level

[mallorca 9] 10/11/2020 13:23

Money where mouth is ..... added again at £1.06

[mallorca 9] 10/11/2020 13:19

Now only valued at 8 x forward earnings and with a dividend about to be re instated.
Barely any net debt now either (£150m), with net profit of circa £165m pa !

I guess this is now a 'buy when others are fearful' stock.

This is a global business , not just UK.
Frustrating at the moment but that gives opportunity on a stock where the fundamentals are compelling.

[w1lbur01] 10/11/2020 10:10

Also people chasing other fish.

[mallorca 9] 10/11/2020 09:54

Sentiment so low on this due to Serco's name being unfairly dragged through the mud re test and trace.

We have to look beyond Covid though and there is now light at the end of the tunnel.

I have added this morning.

[smithless] 10/11/2020 09:36

Lot of Institutional shares changing hands at the moment, which is a drag on the share price. Will pass, but depressing price at present.

[davethehorse] 09/11/2020 17:02

SRP under pressure even in this market!

[jimarilo] 05/11/2020 11:39

It is easier to fool people, than it is to convince them that they have been fooled

It will be established on msm soon that there was no virus, just regular flu and pneumonia

People that say they had covid are believing what they were told

Covid has been a vehicle to agenda 21 and the great reset, the biggest con in humanity

[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..