Servicepower Share Discussion Threads

[chimers] 25/7/2016 12:47

This one is very promising ................how did it pan out by the way, anyone ?


20 November 2013

ServicePower Technologies plc

("ServicePower" or the "Company")

Trading Update



ServicePower (AIM: SVR), a market leader in field service management, is pleased to provide an update on trading for the year to date.



The strong growth in revenue in the first half of this year, which showed a notable increase on the equivalent period in the prior year, has continued into the second half with steady performance month by month expected through year end. By mid October, revenue booked to date had exceeded the prior full year revenue of £11.1 million.As at 31 October 2013 the Company had cash balances of £1.7m, following the repayment of a portion of the Company's convertible debt (leaving a balance of approximately £0.8m in principal outstanding) and in advance of collecting the larger maintenance renewals prior to year end. In tandem with driving revenue growth, the management team remains focused on delivering improved operating margins, providing a strong financial footing for the business for it to enter into 2014.



Development of the Company's field service platform has resulted in an extended market reach and new customer wins. New customers secured in the second half of the year include several tier 1 appliance manufacturers as well as the North American segment of an international retailer. Some of these contracts have come through our partnerships with global insurance administration companies. Additionally, contracts with an international beverage bottler and an international consumer products engine manufacturer were also implemented in the second half of the year. Renewal levels with existing customers are high, as they adopt additional products and expand into new geographies. Furthermore, implementation of recently secured significant global contracts is progressing well, and the Board is confident of ServicePower's ongoing success.

[chimers] 25/7/2016 12:44

By the way MY ONE has been the most accurate by far!!

[chimers] 25/7/2016 12:43

Prefer this one ?


Trading Update
Fri, 18th Jan 2013 07:00
RNS Number : 8423V
ServicePower Technologies PLC
18 January 2013


18 January 2013



ServicePower Technologies Plc

("ServicePower" or the "Company")



Trading Update



ServicePower Technologies Plc (AIM: SVR), a market leader in outsourced services and field management, today provides an update on trading for the year ended 31 December 2012.



Further to the update on 24 December 2012, ServicePower now expects revenue for the year to be approximately £11.1 million, a likely EBITDA result of a loss of £1.3 million and loss before tax of approximately £1.8 million, of which approximately £0.5 million is expected to relate to foreign exchange losses. The Board expects to report a net cash balance of approximately £4.5 million at the year end.



ServicePower had experienced protracted contract negotiations on several significant contracts that are now progressing positively and the Company expects to conclude contracts worth over £1 million in revenue for 2013 by the end of the month.


Mark Duffin, CEO of ServicePower, commented, "We continue to increase our client reach with negotiations on several significant contracts with a range of blue chip corporations in both the US and UK. We are in the process of further extending our service platform, by adding the power of crowd-sourcing, mobility and the cloud to our products. ServicePower is at the forefront of the field services industry, committed to providing an unrivalled service in terms of quality and breadth of product capabilities, and given the visibility in the sales pipeline we believe the prospects of ServicePower in 2013 to be positive."

[chimers] 25/7/2016 12:40

A personal fave :)

Trading Update
Mon, 24th Dec 2012 07:00
RNS Number : 2138U
ServicePower Technologies PLC
24 December 2012


24 December 2012


ServicePower Technologies Plc

("ServicePower" or the "Company")



Trading Update


ServicePower Technologies Plc (AIM: SVR), a market leader in field management, announces that due to client organizational restructuring and resulting protracted negotiations in several significant contracts, the Company will not achieve market forecasts for the year ending 31 December 2012. Accordingly, the Company expects to make a loss for the year.



The Board expects the contract negotiations to be concluded in the early part of 2013 and will update investors in January on progress and provide a more detailed update on trading at that point.

[chimers] 25/7/2016 12:38

Or how about this one ?


Trading Update
Fri, 21st Jan 2011 07:00
RNS Number : 8454Z
ServicePower Technologies PLC
21 January 2011
Â
?

ServicePower Technologies plc

Â

("ServicePower" or the "Company")

Trading Statement

Following the close of its 2010 financial period, ServicePower is pleased to report that it expects year end results to be in excess of management expectations with revenue of approximately £18 million, a likely EBITDA result of £800,000 and profit before tax of in excess of £300,000. Additionally, the Board expects to report a net cash balance of approximately £3.6 million at the year end.

The benefits of a full year of a lower cost base as a result of the restructuring in 2009 and new contract wins combined with a competitive pricing structure enabled the Company to achieve the improved financial results for the year.

Mark Duffin, CEO, ServicePower said, "The Company has a healthy pipeline of prospects with sizeable potential customers and therefore we hope to build on the successes achieved in 2010 and we look forward to the future with confidence."

[chimers] 25/7/2016 12:38

Here you go champ just use this one it makes no difference.


Trading Update.


Trading Update
Thu, 28th Jan 2010 14:52
RNS Number : 2937G
ServicePower Technologies PLC
28 January 2010
Â
ServicePower Technologies plc

("ServicePower" or the "Company")



Trading Update



Following the close of its 2009 financial period, ServicePower is pleased to report that it expects to finish the year with revenues in excess of management's previous expectations. Additionally, the Board expects to report a net cash balance of approximately £3.5 million at the year end.



As previously announced in our interim results announcement, the Board undertook a substantial restructuring programme which is expected to result in considerable costs savings for the Company and a more suitable cost base going forward. This restructuring programme will result in a one off exceptional charge of approximately £0.9 million in the Company's forthcoming 2009 annual results.  Additionally, the Company expects to report a foreign exchange loss of approximately £1.2 million, and as a result of a change in revenue mix during the financial year due to two existing client contracts operating on a margin below our traditional growth margin, there will be a £0.6 million shortfall against management's previous expectations.



Mark Duffin, CEO, ServicePower said, "With a substantially reduced cost base following on the restructuring and a healthy pipeline of new orders we look forward to the future with confidence.

[brummy_git] 25/7/2016 11:24

I think what investors are hoping for is a trade sale. IMO any trading update if negative will be delayed as late as possible - which is how the CEO usually seems to play it. No news is bad news.

[chrisdgb] 25/7/2016 10:51

Wonder when we will be getting a trading statement here..?? Would be good if they clarify any FX impact..

[chimers] 20/7/2016 10:03

Yes they do seem to have a lot of.............."respect" ? ..............mebbes you can think of another word that would better fit ?

Mediocre Performing Rathbone Funds

ukmoneysite classifies a mediocre performing fund as one which has failed to consistently maintain top quartile performance but has consistently performed better than 50% of funds within their same sector over a 5 year period.

There are 5 Rathbone funds that were classified as mediocre performing. In total £1.65 billion (59.97%) of investors savings are placed within these funds

[chimers] 20/7/2016 09:59

"RESPECTED " AT WHAT ?

Give me an example of this "respect" you speak off ?

[chrisdgb] 20/7/2016 09:46

I take the Rathbone shareholding as very positive, they are a well respected group.

[chimers] 11/7/2016 23:45

Shame your tipster career came to a crushing end!!

[paul the octopus] 11/7/2016 19:58

shame that advfn don't allow "finger up" as they allow "thumbs up", could be very useful here

[chimers] 11/7/2016 11:25

Hey Ballbag.................get Tom to help you.








































Like you always do.

[chimers] 11/7/2016 11:16

The London Stock Exchange

08:10:00 11-Jul-2016 2.40 500,000 12,000.00 Ordinary Trade - delayed publication
Page 1 of 1