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Share Name Share Symbol Market Type Share ISIN Share Description
Sureserve Group Plc 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
  -0.50 -0.64% 78.00 74.00 78.00 76.50 75.50 76.50 163,183 16:35:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 195.7 7.8 4.0 19.5 125

Sureserve Share Discussion Threads

Showing 576 to 598 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
15/12/2020
19:50
I've justed had a look at the old lake forum, looks like vfast, Rivaldo, Cheshire man and me are the only survivors from over 5 years ago. The posts on 1st February are interesting to go back over, as loads jumped ship.i.believe our patience is going to be rewarded over the next couple of years
igoe104
15/12/2020
18:07
Thanks igoe, 2021 is looking very promising. I agree KH77. The final results should be interesting, I’m expecting an increase in dividend to 0.75p / 1p and a start-up of the interim dividend. That should attract institutional interest and positive share price movement.
vfast
15/12/2020
17:51
Annual report in 4 weeks approx should make good reading GLA
knowhow77
15/12/2020
17:03
its probably not big enough of a contract to RNS, vfast. Sure maintenance seems to be the go-too company for gas servicing. hopefully more councils will be bagged....
igoe104
14/12/2020
21:32
Igoe, more good news but surely should have released an RNS. Does it state what the contract is worth?
vfast
14/12/2020
17:25
Just noticed this on the twitter page. New contract win!! We are delighted to announce that we have been appointed as the new gas servicing, repair and maintenance contractor for North Warwickshire Borough Council on a 3 year contract, starting in December. We’re looking forward to building a true working partnership
igoe104
08/12/2020
08:39
-> Vfast - Thanks for the article. Always good to see a positive write-up, but it does rather sound like something a computer has generated, rather than a genuine analysis.
jojaken
05/12/2020
21:33
Just came across this article dated 19 Oct 2020. First time I have seen it and it makes interesting reading! Does Sureserve Group's (LON:SUR) Statutory Profit Adequately Reflect Its Underlying Profit? By Simply Wall St Published October 19, 2020 hxxps://simplywall.st/stocks/gb/commercial-services/aim-sur/sureserve-group-shares/news/does-sureserve-groups-lonsur-statutory-profit-adequately-reflect-its-underlying-profit-2 Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit is not always a good guide to a company's underlying profitability. In this article, we'll look at how useful this year's statutory profit is, when analysing Sureserve Group (LON:SUR). While Sureserve Group was able to generate revenue of UK£219.1m in the last twelve months, we think its profit result of UK£5.35m was more important. The chart below shows that while revenue has fallen over the last three years, the company has moved from unprofitable to profitable. Of course, it is only sensible to look beyond the statutory profits and question how well those numbers represent the sustainable earnings power of the business. Today, we'll discuss Sureserve Group's free cashflow relative to its earnings, and consider what that tells us about the company. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. A Closer Look At Sureserve Group's Earnings In high finance, the key ratio used to measure how well a company converts reported profits into free cash flow (FCF) is the accrual ratio (from cashflow). The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. The ratio shows us how much a company's profit exceeds its FCF. Therefore, it's actually considered a good thing when a company has a negative accrual ratio, but a bad thing if its accrual ratio is positive. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. That's because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. For the year to March 2020, Sureserve Group had an accrual ratio of -0.11. That indicates that its free cash flow was a fair bit more than its statutory profit. Indeed, in the last twelve months it reported free cash flow of UK£11m, well over the UK£5.35m it reported in profit. Sureserve Group shareholders are no doubt pleased that free cash flow improved over the last twelve months. Our Take On Sureserve Group's Profit Performance As we discussed above, Sureserve Group has perfectly satisfactory free cash flow relative to profit. Based on this observation, we consider it likely that Sureserve Group's statutory profit actually understates its earnings potential! And on top of that, its earnings per share have grown at an extremely impressive rate over the last year. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. While it's really important to consider how well a company's statutory earnings represent its true earnings power, it's also worth taking a look at what analysts are forecasting for the future. At Simply Wall St, we have analyst estimates which you can view by clicking here. This note has only looked at a single factor that sheds light on the nature of Sureserve Group's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying.
vfast
25/11/2020
15:29
Plenty for SUR in today's Government Spending Review just announced by the Chancellor: Https://www.edie.net/news/11/National-Infrastructure-Strategy--Government-to-deliver--revolution--tied-to-net-zero/ "Buildings Currently, 85% of homes are connected to the gas grid, but the Government notes that these homes will need to stop burning natural gas to reach net-zero. By the 2030s, the UK will have to install 1.7 million new heating systems annually, up from the current 30,000 annual installations. The NIS confirms that a £320m Heat Networks Investment Project has been issued by the Government. However, the strategy doesn’t give a certain date for introducing the Future Homes Standard – stating it will be issued in “the shortest possible timeframe before 2025”. The Government is also aiming to deliver 600,000 domestic heat pump installations by 2028 and will invest £81m to create a hydrogen neighbourhood and village. Transport The NIS notes that the Transport Decarbonisation Plan “will be the biggest piece of work the government has ever done to tackle greenhouse gas emissions from transport”. It will build towards the new 2030 phase-out date for the ban on sales of new petrol and diesel vehicles. The NIS confirms an accelerated rollout of electric vehicle (EV) charge points. By 2023, the Government “expects to see a high-powered charging hub at every motorway service area, installed by the private sector”. The Government will also invest £950m to futureproof grid capacity along key roads and motorways to enable EV uptake. A £90m local EV charging fund will also support on-street charging across England. Additionally, the Spending Review confirmed the government will continue the Plug-in Car, Van, Taxi and Motorcycle Grants until 2022-23. These funds will increase by more than £200m to a total of £582m.... ...In total, more than £5bn will be spent on public transport and cycling infrastructure, with £1.3bn earmarked for EV charging."
rivaldo
23/11/2020
11:12
New highs, and buyers paying the full 55p offer now.
rivaldo
22/11/2020
10:24
Great news Rivaldo, thanks for the Master Investor update. Final results due out in January which will make interesting reading.
vfast
22/11/2020
07:49
Mark Watson-Williams on Master Investor has updated this weekend on SUR as follows: "Sureserve Group (LON:SUR) – share stake hurdles overcome, brakes off now The change around in some larger share positions has possibly helped to take off the brakes on this compliances and energy services provider. Down to just 46p at the start of this month, the shares have been edging higher this week, putting on 12.5% this week alone, closing at 54p. Do not underestimate this group – basic services and cash generative, a classic combination. I still see them touching 70p within the next few months."
rivaldo
19/11/2020
11:24
Bid price up to 53p - hopefully about to hit new 4-year highs.
rivaldo
18/11/2020
13:12
Given the potential for rapid growth as above, it's worth noting that SUR are almost on a single-figure P/E for the current year - with a £3m and growing cash pile: Consensus forecasts: Historic to 30/9/20 : 4.64p EPS Current year to 30/9/21 : 5.23p EPS
rivaldo
18/11/2020
09:29
Agreed igoe104....and not only that, but (1) SUR install heat pumps, and (2) SUR survey and install other energy saving measures in properties. So SUR stand to benefit from three of the measures in the new green energy programme to be outlined today: Https://www.thetimes.co.uk/edition/news/boris-johnson-promises-revolution-in-homes-roads-and-industry-n6xzp6jld "Homes and public buildings The government has pledged to install 600,000 heat pumps a year by 2028 as part of plans to make homes, schools and hospitals greener. Ministers want gas boilers replaced by electric heat pumps, which extract heat from the ground or air surrounding a building. However, they are expensive and poor quality installations have undermined consumer confidence. Earlier this year the government announced a £2 billion green homes grant scheme, with vouchers of up to £5,000 for energy-saving measures."
rivaldo
16/11/2020
11:36
RNS just out - Slater's holding is unchanged at 23.92m shares, but his percentage holding has reduced slightly below the 15% threshold as there have been some shares issued.
rivaldo
15/11/2020
18:57
Could this finally be the turning point to break 60p !! Keep pumping out the numbers someone going to take notice sooner or later GLA
knowhow77
15/11/2020
11:11
Yes, I wonder why a cluster of buys suddenly came in Friday afternoon. Mmmmmm 🤔🤔🤔 even the 75k was a buy...
igoe104
15/11/2020
08:05
Excellent spot igoe104, very good news. And a terrific close on Friday, partly sparked by a late 150,000 share buy at 50p and then further buying at 52p. New highs coming soon methinks.
rivaldo
14/11/2020
12:37
Good news Igoe, even 5% of the 800million is £40million and SUR have 4 divisions in that list so it could be worth a lot more money! SUR 4 divisions equal 11% of the 36 companies, it would very nice to get 11% of the £800million = £88million. Aaron Services Sure Maintenance Everwarm K&T Heating
vfast
14/11/2020
10:26
Good to see four of sureserve businesses - involved with this large framework. 30 renewables specialists win spots on £800m energy framework https://www.google.com/url?rct=j&sa=t&url=https://www.pbctoday.co.uk/news/energy-news/energy-efficiency-framework-2/85323/&ct=ga&cd=CAEYACoUMTQwNzc0MDM3ODQzODQzMDI3MzEyHGJiMTMwZTc4MTU0NmFhNzI6Y28udWs6ZW46R0I&usg=AFQjCNHyLHVnLOgRoSVDkuWKBOESFjFPHw
igoe104
13/11/2020
16:37
Nice rise at the death.
igoe104
09/11/2020
09:43
Looking strong again - certainly looks like new highs are possible soon, especially as we already know the year end results and outlook will be good.
rivaldo
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
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