User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Buy
Sell
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 626 to 650 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
02/2/2021
10:32
Stocks like RNWH and CTO are on similar ratings The market does not do exuberance on these types of stocks Slow and steady largely going nowhere.
basem1
02/2/2021
10:26
Very conservative from peel hunt. Especially with the cash pot rising substantially.
igoe104
02/2/2021
10:15
Thanks Rivaldo! 70p, did they miss off a zero? :-)
simon gordon
02/2/2021
10:01
Peel Hunt have raised their forecasts to 6p EPS this year (from 5.3p). That's a current year P/E of just 10.8 - and less if you strip out the net cash. In a fit of exuberance they've raised their target price to 70p! This despite there being 77% of this year's revenues already secured, the likelihood of acquisitions, the rebound from COVID for Energy Services, the period already being almost halfway through, etc etc.... I suspect either or both that the share price will soon overtake this target, and that the target itself will probably be steadily increased after the March AGM etc: Https://www.proactiveinvestors.co.uk/companies/news/940092/sureserve-makes-strong-start-to-new-year-940092.html Extract: "Peel Hunt ups estimates, target price, repeats 'buy' In a note to clients, City broker Peel Hunt raised its estimates and target price reiterated a 'buy' rating on Sureserve. Analyst Andrew Nussey said: "Momentum in Compliance remains impressive with EBITA +40% to £11.8m and margins 8.6% vs 6.4% (benefiting from its exposure to essential services and engineer productivity). As expected, Energy Services were impacted by project deferral (lockdown restrictions) with revenues reducing 27% and profits falling to £0.8m (vs £4.3m). "The outlook is upbeat with an attractive order book of £356m (+7%) – providing 77% FY21E revenue visibility. We increase our September 2021E PBT from £10.4m to £11.7m to give EPS of 6.0p from 5.3p. Trading on 10.3x revised September 2021E, the shares continue to offer value and we increase our target price from 60p to 70p."
rivaldo
02/2/2021
08:52
Great statement today This and Bilby are both good shares to own in a growth sector
nico115
02/2/2021
08:35
TBH, I imagine some bright spark decided they did not want to put the text re the £6.5m at the top of the RNS, right next to the statement that they are paying a 1p dividend. Perhaps wiser just to pay an extra 1p dividend later in the year and diplomatically withdraw the dividend for now. Still looks an excellent business.
shanklin
02/2/2021
08:34
Excellent performance, and look strong going forward. You can only see the order book increasing over the coming years. Expect continued good news going forward.
igoe104
02/2/2021
08:26
rivaldo Thank you for very helpfully pointing this out. I had read the section entitled "Coronavirus Job Retention Scheme ("CJRS")", where they could very sensibly have included it. Also nothing in "Exceptional items" or in all the text at the top of the RNS. I had searched on "furlough" but no success there either. Also nothing in the "Notes", all of which I went through. Given there's initially an hour to read countless RNSes, finding two sentences hidden in the narrative was beyond me. They could have detailed the £6.5m in the headlines or the above sections and it would have been massively easier to find. Its not as if taking the furlough money was the wrong thing to do, and its obviously offset some of the reduction in revenue. I have no clue why they did not make this easier for readers. At least now I can read this fully over the course of the day
shanklin
02/2/2021
08:16
Great results on the face of it. Increase in dividend. I disagree to a certain extent about the furlough scheme - that is exactly why it was introduced. To allow companies such as this to continue to trade, grow and emerge from this disaster in good shape. I'm confident that Sureserve is in exactly that. Buy.
pinemartin9
02/2/2021
08:12
Both the Compliance division and the Energy Services division analyses in the results show the specific amount of job retention scheme money received in the period. It's all there if you simply read the narrative.
rivaldo
02/2/2021
08:02
This is my main concern, without support what would the figures look like is my key concern. Its the sort of thing the company should be sharing.
jamessmith23
02/2/2021
07:52
Strong performance and outlook plus 100% increase in the dividend to 1p and all this with Covid 19. I would like to think by Aug/Sept the Covid issue is no longer a problem and the country is heading back to at least 90% normal. Proactive Investor "Sureserve makes strong start to new year" https://www.proactiveinvestors.co.uk/companies/news/940092/sureserve-makes-strong-start-to-new-year-940092.html
vfast
02/2/2021
07:48
"Strong performance ahead of expectations; stable platform for growth" :-)
cheshire man
02/2/2021
07:39
Results look great but I am yet to find how much money SUR received from the Government, perhaps its hidden in the notes? It is presumably very significant given they had 40% of staff on furlough at one poin, and their costs for the year are significantly down. Quite surprised they think its appropriate to pay a dividend. Looks a strong business in normal times. Covid has obviously hurt operations but been offset, no idea by how much, by the benefits of Government cash.
shanklin
02/2/2021
07:15
I think you'll be proven correct vfast :o)) Excellent results - ahead of expectations for PBT, EPS and net cash - and for the dividend, which is doubled to a very decent 1p. The 4.9p EPS is nicely ahead of the forecast 4.7p. So this year's 5.1p EPS forecast may get pushed up to say 5.3p, particularly given the very confident outlook. 77% of this year's revenues are already in place, with a £355m order book which is up 7% despite the pandemic. And all this was achieved despite Energy Services being badly affected last year by COVID-19. As this effect dissipates then this division's rebound will cause an even greater bounce. SUR are a "boring" company which masks a number of exciting ESG involvements in home insulation and heating, electric charging, smart meters, solar etc etc. There could be 50%-100% upside here this year imo - and hopefully more acquisitions too from that almost £10m cash pile.....
rivaldo
01/2/2021
16:28
Bought a few more today at 62.11p in anticipation of tomorrow. If all goes well it will be the last time you can get in at this price.
vfast
25/1/2021
09:50
Yes last full week of trading before results let’s hope for a steady climb and a strong positive reaction to figures
knowhow77
20/1/2021
09:49
Only 8 trading days after today, before results, which we know are going to be excellent. Which Should make the market take notice... ps Don't know what them large trades were all about yesterday?
igoe104
10/1/2021
22:09
Worth reading. Simple Wall St seem very keen on SUR. Here's Why We Think Sureserve Group (LON:SUR) Is Well Worth Watching By Simply Wall St Published December 09, 2020 hxxps://simplywall.st/stocks/gb/commercial-services/aim-sur/sureserve-group-shares/news/heres-why-we-think-sureserve-group-lonsur-is-well-worth-watc Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. In contrast to all that, I prefer to spend time on companies like Sureserve Group (LON:SUR), which has not only revenues, but also profits. While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. In comparison, loss making companies act like a sponge for capital - but unlike such a sponge they do not always produce something when squeezed. View our latest analysis for Sureserve Group How Fast Is Sureserve Group Growing Its Earnings Per Share? In the last three years Sureserve Group's earnings per share took off like a rocket; fast, and from a low base. So the actual rate of growth doesn't tell us much. Thus, it makes sense to focus on more recent growth rates, instead. Like the last firework on New Year's Eve accelerating into the sky, Sureserve Group's EPS shot from UK£0.015 to UK£0.034, over the last year. Year on year growth of 121% is certainly a sight to behold. I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). Sureserve Group maintained stable EBIT margins over the last year, all while growing revenue 8.4% to UK£219m. That's progress. Fortunately, we've got access to analyst forecasts of Sureserve Group's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting. Are Sureserve Group Insiders Aligned With All Shareholders? Like standing at the lookout, surveying the horizon at sunrise, insider buying, for some investors, sparks joy. That's because insider buying often indicates that those closest to the company have confidence that the share price will perform well. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions. We haven't seen any insiders selling Sureserve Group shares, in the last year. So it's definitely nice that Chief Executive & Executive Chairman Robert Holt bought UK£23k worth of shares at an average price of around UK£0.51. The good news, alongside the insider buying, for Sureserve Group bulls is that insiders (collectively) have a meaningful investment in the stock. To be specific, they have UK£9.2m worth of shares. That's a lot of money, and no small incentive to work hard. That amounts to 10% of the company, demonstrating a degree of high-level alignment with shareholders. Should You Add Sureserve Group To Your Watchlist? Sureserve Group's earnings per share growth have been levitating higher, like a mountain goat scaling the Alps. The cherry on top is that insiders own a bunch of shares, and one has been buying more. This quick rundown suggests that the business may be of good quality, and also at an inflection point, so maybe Sureserve Group deserves timely attention. Of course, just because Sureserve Group is growing does not mean it is undervalued. If you're wondering about the valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
vfast
07/1/2021
20:00
Perhaps some quiet watchers though :-) Thank you Rivaldo - and re some other boards.
hew
06/1/2021
13:45
Cheers vfast. A lovely quiet bb here whilst the share price continues to march steadily upwards.
rivaldo
05/1/2021
13:05
Rivaldo, post 415 is spot on and thanks for post 416 as well. All looking very good!
vfast
05/1/2021
12:43
News of a new acquisition as of yesterday - evidently not large enough to warrant an RNS, but still must be a reasonable size given that Vinshire have 100 employees: Https://www.sureservegroup.co.uk/news-media/press-releases/sureserve-group-are-pleased-announce-acquisition-vinshire-gas-services-limited-vinshire "The Sureserve Group are pleased to announce the acquisition of Vinshire Gas Services Limited (Vinshire) 04 Jan 2021 The Sureserve Group are pleased to announce the acquisition of Vinshire Gas Services Limited (Vinshire). Vinshire is a heating services and installations company, providing services primarily for Housing Associations and Local Authorities across the East and West Midlands. Vinshire further strengthens the Group’s market leading gas compliance offering and complements Aaron Services activities delivering gas compliance services to social housing clients across the Midlands. The business has offices in Derby and West Bromwich, and their workforce of around 100 employees will be supported by David Lummis and Aaron Services’ Management Team who will offer direction and guidance in the coming months. David Lummis, MD at Aaron Services, said: “Vinshire’s expertise and infrastructure are wholly compatible with our own. Following a very positive year for Aaron, the business alignment offers further growth opportunities across the Midlands. Whilst continuing to provide our valued clients with high levels of customer service and operational excellence, the addition of Vinshire to the Group both extends and strengthens the geographical footprint of the Group’s gas compliance offering, allowing us to capitalise on cross-selling opportunities across our collective client base.”
rivaldo
05/1/2021
09:57
Continuing to look strong - yet still only on a current year P/E of 12.3, with a rising cash pile and very strong and increasing order books. Plus it's ESG-friendly too. What more could you want!
rivaldo
05/1/2021
07:36
It was him :-)
johnrxx99
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
ADVFN Advertorial
Your Recent History
LSE
SUR
Sureserve
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210509 23:51:52