Serco Share Discussion Threads

[blackhorse23] 20/9/2022 14:13

Another excellent dividend stocks with no debt CURY (LSE). https://www.google.com/amp/s/capital.com/amp/cury-currys-share-price-double

[medieval blacksmith] 12/9/2022 10:20

Yes, Soames one of the best in the business. I took the opportunity to add to my position. Business is still in good hands.

[palwing32] 12/9/2022 10:16

hTTps://www.theguardian.com/business/2022/sep/12/serco-chief-to-retire-rupert-soames-outsourcing?amp

[cerrito] 12/9/2022 09:04

Says a good deal about the respect that Soames that the price falls so much on news of his upcoming exit.

[wilksey1] 05/8/2022 11:07

whats with the big fall, results where as expected anyone know,,

[steve3sandal] 04/8/2022 06:41

Newbie here yesterday. I'll post if I have anything to add. GLA.

[18bt] 04/8/2022 06:36

And another small upgrade on v strong first half - impressive to replace Test & Trace revenues. Strong statement of justification why the growth should continue. I doubt these shares will ever be popular - too many left wing detractors, but SRP will have a 5 year record of profitable growth by the end of the year and the horrors of 2015-17 are receding into the dim and distant..

[18bt] 15/7/2022 06:43

I mised the announcement in May that SRP had bought Sapienza Consulting from TP Group for what looks like a bargain price. Sapienza is A leading European provider of Workforce Solutions Services and Technologies to demanding clients in high-tech, high-reliability, and critical sectors such as Space, Defence and Security. TP bought it for €10m and sold it for €3.2 2 years later. It won't move the dial much but it shows that there are some bargains to be had from smaller companies if you keep your eyes and ears open.

[leadersoffice] 04/7/2022 13:50

Was buying these when they were down and out and stuck with it even adding every month for three years. I'll be happy once we get over £2 a share. Good luck

[ram376s] 04/7/2022 09:30

Covid share gdr .

[undervaluedassets] 14/6/2022 07:42

Cheapest stock I own.

[wynmck] 01/6/2022 12:11

Jeffries raise tgt price to 215 (from 185) Buy

[medieval blacksmith] 27/5/2022 09:21

Rupert Soames is one of the best ATM IMO.

[undervaluedassets] 27/5/2022 08:56

The recovery story here is developing nicely.

PE ratio of 6-7 modest given growth and outlook. (average pe 10-15 years ago was between 25 and 35)

Very well respected management is producing results

[estienne] 26/5/2022 15:00

Full year 2022

We now expect reported revenue of GBP4.3bn-GBP4.4bn in 2022 as a whole and reported Underlying Trading Profit of around GBP225m, significantly ahead of our expectations set out at the time of our full year results in February, and approaching the levels reported in 2021. Revenues in the second half are expected to be similar to the first half, with the year-on-year reduction of GBP260m of Test & Trace revenues being offset in large part by increases in Immigration and other programmes around the world. Overall, we expect organic revenue growth excluding UK Test & Trace to be about 6% in the second half. As in 2021, we expect second half margins to be lower than those in the first half due to seasonality and mix.

Serco is well protected against inflation. Although it is hard to forecast the precise impact on revenues and costs, the nature of our contractual arrangements with our customers means we do not expect costs to increase faster than revenues, although there will be timing differences between indexation and cost increases.

[wilksey1] 09/5/2022 08:49

wynmck, thanks for that just fired a email over see what they say......

[wynmck] 09/5/2022 08:33

ask Investor Relations
[e-mail]

[wilksey1] 09/5/2022 06:32

has the share buyback now finished been no transactions reported for the last couple of trading days,does anyone no thanks.........

[undervaluedassets] 11/3/2022 11:28

I forgot about the defence exposure.. Good point.

Cheapness here will not last forever. Too successful and too multi-faceted.

[18bt] 09/3/2022 19:34

Topped up early this morning, which was lucky timing, but like the defence exposure, cash generation and low rating. Reputation still being rebilitated, but increasingly looks well run.

[medieval blacksmith] 02/3/2022 12:55

weemonkey

"Last time Serco had profits of £228 million (2011-2012) it was trading between £4.00 and £5.20."

Don't forget to account for at least the massive share dilution that has happened since then. Personally it isn't the way I value a stock but if you are happy to do it that way take into account the dilution.

Good luck. :)

[salpara111] 02/3/2022 12:34

Finally seems to have woken up! Still at low levels but if sentiment has turned we can realistically expect to see a climb back to 170 in the near future.

[brain smiley] 28/2/2022 16:30

Serco's USA defence business looks good now.

[weemonkey] 28/2/2022 16:27

Last time Serco had profits of £228 million (2011-2012) it was trading between £4.00 and £5.20.

Bought a few more .. We will see.