Sureserve Share Chat (SUR)

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Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Sureserve	LSE:SUR	London	Ordinary Share	GB00BSKS1M86	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.50p	-1.56%	31.50p	30.50p	32.50p	32.00p	31.50p	32.00p	55,000	15:46:38

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Support Services	190.8	1.9	-6.6	-	49.62

Sureserve Share Discussion Threads

Showing 201 to 224 of 225 messages

Chat Pages: 9 8 7 6 5 4 3 2 1

Date	Subject	Author	Discuss
08/2/2019 18:59	Somebody is keen paying 30p for 500,000 shares today 2p over the offer price.	vfast	Read Full Thread Reply
24/1/2019 18:39	Thanks igoe. Looking good for the future.	vfast	Read Full Thread Reply
24/1/2019 13:26	EDISON NOTE. FY18 was a year of transition for Sureserve, as it divested its Contracts and Property maintenance operations to focus on Compliance and Energy support services. The prospective P/E of 6.7x warrants investor attention. The investment thesis is that the group will continue to benefit from being more focused, its remaining divisions have strong regulatory drivers underpinning revenue growth, and there remains potential to improve margins and scope for growth through consolidating a fragmented industry. The outlook statement references a strong order book and a strong start to FY19, performing ahead of management expectations. hxxps://www.research-tree.com/Dashboard/DownloadResearchNote/3_65309eed-54b8-8955-3c93-926193a203c8	igoe104	Read Full Thread Reply
22/1/2019 19:56	LHC presumably have no supply chain to conclude their remaining contract works, so expect default. Clients can then act upon the PCG's which were entered in to, meaning Sureserve will be liable.	winklehoff	Read Full Thread Reply
22/1/2019 16:03	Article on Construction Enquirer 22/01/2019 Sureserve sets aside cash for Lakehouse contracts Grant Prior2 mins ago Share The ex-owners of Lakehouse Contracts have set aside £2.5m for possible claims on projects carried out by the new business. Lakehouse was sold last summer for £500,000 to a company called Mapps Group Limited. The Enquirer has been contacted by subcontractors who have quit sites following rows over payment from Lakehouse. The former owner has rebranded as Sureserve who posted preliminary results on Tuesday for the year to September 30 2018. Sureserve confirmed it was facing “potential contingent liabilities arising from the disposal” including “potential claims under parent company guarantees and bonds for projects.” Sureserve has set aside £2.5m to cover this and written off the £500,000 sale price to zero “in light of the weak performance of the activities since.” The £2.5m is “for costs of claims under parent company guarantees and bonds which are considered probable following risk assessment of all outstanding parent company guarantees and bonds.” Executive chairman Bob Holt said: “The divestment included certain contracts yet to be finalised. “It is hoped that those outstanding works will be concluded by the time of the Group interim results to March 2019. A further update will be provided at that time.”	diduno	Read Full Thread Reply
22/1/2019 11:33	Looks like the recover starts now, hopefully the share price should start creeping upwards again, past 50p over the next couple of months.	igoe104	Read Full Thread Reply
22/1/2019 10:22	Yes vfast at first reading good results and this morning's price increase makes sense. By the nature of the company the report will need careful reading. Good that they used average debt.	cerrito	Read Full Thread Reply
22/1/2019 10:19	Strong figures and a excellent outlook.	vfast	Read Full Thread Reply
14/1/2019 14:47	Possibly next week	trustman	Read Full Thread Reply
09/1/2019 17:07	Figures this month? Should provide a clearer picture.	trustman	Read Full Thread Reply
01/1/2019 11:08	Results out mid month, could see decent bounce as long as long as they don't have a white elephant in the room. Sureserve sees earnings in line after 'strong' second half 1 October 2018 \| 08:06am StockMarketWire.com - Asset and energy support services company Sureserve Group, which recently changed its name from Lakehouse, said it expected its full-year profit to meet expectations. The recent sale of the company's construction and property services division had given it a greater focus on regulated businesses in compliance and energy services, which provided a profitable platform for predictable growth, the company said. 'Financial and operational performance has been strong in the second half of the year and the board expects that the outcome for profits for the year to September 2018 will meet expectations,' Sureserve said. At 8:06am: [LON:SUR] share price was +36p at 36p	igoe104	Read Full Thread Reply
10/12/2018 15:33	Seems like it was the right decision to offload the construction division.	newtothis1	Read Full Thread Reply
10/12/2018 14:42	WhoNeedsLottery2 - Did you not realise that you were posting on SUR share chat? Why did you forecast a single figure share price? Was that not for Sureserve as Lakehouse no longer trades? Look, I am a forgiving sort of chap and it's my belief that you made a simple error in believing that I was getting some sort of pleasure from this chaos. I do assure you that I'm not. It is in no one's interest for Sureserve to fail.	diduno	Read Full Thread Reply
10/12/2018 13:54	Diduno - not related to SUR; hence my post removal.	whoneedslottery2	Read Full Thread Reply
10/12/2018 11:58	I think it should be made clear that the article: hTtp://www.constructionenquirer.com/2018/12/07/lakehouse-staff-let-go-as-subcontractors-quit-sites/ posted by diduno refers to Lakehouse Contracts Ltd, the company sold by SUR to Mapps Group. On Aug 17th it was announced that the disposal had completed and on the 30th the change of ownership on the 17th was registered at Companies House with Mapps Group as the new owner. Hence all the talk about unpaid subcontractors does NOT refer to SUR. What does concern me is that Mapps Group was owned by Jared Jon Sullivan but on Nov. 20th Companies House registered that on Oct. 29th he had transferred it to Darren Colin Pace. Now Mr. Pace is Commercial Director of Mears. He is not on the PLC board but does remain on the board of Mears Ltd., one of the principal operating subsidiaries. Given that the Chair of SUR is also the Chair of MER (at least until the next AGM) this is beginning to sound a bit incestuous.	sharw	Read Full Thread Reply
10/12/2018 10:16	WhoNeedsLottery2 - So that's all right then. Post an article that is wholly damning for the future of Sureserve, Lakehouse & Mapps Group whilst at the same time claim that I am getting pleasure from posting a link to the Construction Enquirer's article of 07 December. Where do the likes of you ever stop? You would be well advised to engage your brain before speaking rather than claim 'wrong thread'. What was 'wrong' about it? I'll tell you what was wrong! You thought that I would be an easy target to criticise and that you would gain some kudos from the posting. But you failed to understand that what you said was far more damaging than the article to which I referred. That is why you have now withdrawn it claiming 'wrong thread'.	diduno	Read Full Thread Reply
09/12/2018 18:45	WhoNeedsLottery2 - I do assure you that I take no pleasure in any of this, although I have to ask if you take any pleasure in forecasting a single figure share price, the company heading towards administration and that in your opinion those holding shares should sell now? Do you not think that this would result in yet more staff and subcontractors being out of work? It is the subcontractors that I feel most sorry for. Their unpaid accounts have probably been used to pay the salaries of staff wholly or partly responsible for the subcontractors plight, albeit they have undoubtedly acted under orders! PS I do not know what happened with my previous post being printed 3 times. That was certainly not my intention.	diduno	Read Full Thread Reply
09/12/2018 10:54	Edit - wrong thread	whoneedslottery2	Read Full Thread Reply
08/12/2018 11:02	Computer problem - posted in error	diduno	Read Full Thread Reply
08/12/2018 11:02	hxxps://www.constructionenquirer.com/2018/12/07/lakehouse-staff-let-go-as-subcontractors-quit-sites/	diduno	Read Full Thread Reply
08/12/2018 10:58	Computer problem - posted in error.	diduno	Read Full Thread Reply
06/12/2018 16:05	I'm pretty sure it has been sold. Interestingly enough Darren Pace has just been added as a director of Mapps and Lakehouse Contract, I assume this is the same Darren Pace down as Mears Commercial Director on LinkedIn? Mapps now have two directors both with links to Mears, so whilst it appears the business was sold, it also appears it might still have the same chairman (Bob Holt). I suspect cash is very tight and I know that Plc were due to refinance this month, that may be harder than expected considering the banking appetite towards the Construction sector.	jsmith1982	Read Full Thread Reply
06/12/2018 15:17	I have been reliably informed that Sureserve have NOT sold their property division as previously announced They need to be telling the investors what’s going on Cash is becoming very tight and chasing clients to pay	damo88	Read Full Thread Reply
05/12/2018 16:59	Any more news diduno ? - the Share price is suffering badly at the moment.	whoneedslottery2	Read Full Thread Reply

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