Sureserve Share Discussion Threads

[thelongandtheshortandthetall] 29/7/2021 08:27

Hopefully we'll smash out above the recent highs.
100p here we come :)

[vfast] 29/7/2021 08:12

Nice tick up this morning!

Edit added.

MM's biding 84.2p for up to 90,000 shares.

[johnrxx99] 29/7/2021 08:11

Please break out

[vfast] 28/7/2021 17:35

At the close the MM's were biding 83.4p for 50,000 shares. Could be a good sign for tomorrow. It's not going to take much buying for this to push up again.

[rivaldo] 28/7/2021 16:08

On the move now - and buyers paying the full 85p offer price.

Cheers igoe104, more very good news. This link indicates that this is, if not RNSable, quite a big deal nevertheless:



"2021 - July, Latest news
We’re very pleased to announce that from 1 August 2021, K&T Heating have been appointed as our domestic gas heating contractors in London and the South East."

"Who we are

We are a registered provider of social housing offering more than 23,000 homes across the Midlands, London and the South East with a range of housing solutions from affordable rent, independent living and shared ownership for those in need."

[igoe104] 28/7/2021 15:43

Nice contract award....

KT heating has won a contract for domestic heating contractors for London and the south west.. for PA housing...


Posted on the twitter site 4 hours ago.

[angersharkz] 28/7/2021 15:38

This is positive news along with the recent announcement of the 8 year contract, hopefully we’ll see plenty of upside on this, good luck everyone

[igoe104] 28/7/2021 15:01

You can sell a large amount 82.75p above the midprice. Surely the overhang has got to be just about cleared, and we can push in the 90s soon.🤞

Come on wheres the big spike.....

[knowhow77] 28/7/2021 14:38

Is the push to 90p underway!!

[barnesian] 28/7/2021 14:34

Nick Winks, who is Non-Executive Chairman of Sureserve, has just purchased 100,000 shares at a price of 82.47p each.

EDIT Rivaldo beat me to it!

[rivaldo] 28/7/2021 14:32

Excellent - the Chairman's just bought a maiden stake of a chunky 100,000 shares at 82.47p....

[thelongandtheshortandthetall] 28/7/2021 11:59

I just paid 82.75 :)

Incredibly predictable business, rising margins and positively exposed to new ESG regulations - that will never end and cheap too!!
:)

[rivaldo] 28/7/2021 11:51

Yep, buyers paying the full 83p offer price or thereabouts now. Ready for another surge perhaps....

[vfast] 28/7/2021 11:05

Good to to see the MM's biding 80.21p for up to 110,000 shares this morning.

[rivaldo] 26/7/2021 16:03

Good to see the bid price up to 80p after what looks like a few buys this afternoon at 79.85p-79.9p. Hopefully an indication that the supply of stock is drying up.

[rivaldo] 22/7/2021 23:02

Thanks - excellent news.

[thelongandtheshortandthetall] 22/7/2021 19:20

Cheers KNOWHOW77

[knowhow77] 22/7/2021 18:47

Aaron services one of 3 companies awarded 4 year contract with Sandwell borough council for gas maintenance work contract value £5.1M

[chard1980] 22/7/2021 14:08

Seen a good few Everwarm vans around my way, never noticed them before. I also seem to see alot more Breedon trucks ever since I sold at 82p and now they are North of 105p. I won't be selling Sure.

[igoe104] 22/7/2021 14:06

Cant help noticing alot more sureserve business vans around. Today alone I've seen provider and Aaron services vans driving past me ..

[johnrxx99] 22/7/2021 08:34

Buys showing as sold

[knowhow77] 21/7/2021 17:09

Despite recent big contract win and positive news surrounding Sure the share price seems to be held back!!

[rivaldo] 21/7/2021 07:11

The IC's Growth at a Reasonable Price screen shows that in the entirety of AIM, only 3 companies pass all 7 tests.

SUR is one of them:

[thelongandtheshortandthetall] 13/7/2021 13:29

Yes indeed rivaldo.
I personally think the energy division will play a bigger part then Slater has suggested. Once it's back to normal that is. It'll help increase group EPS and not insignificantly either.

[rivaldo] 13/7/2021 11:09

Good to see this from Slater Investments in their Income Fund Commentary dated 8th July (last week):



"Major Contributors – Growth Companies

The biggest contributor was Sureserve, the safety surveyor for social housing. It rose +116% and contributed +3.30%. This performance had little to do with the general market but rather was thanks to the company’s full return to health. Between 2016 and 2019 it struggled with the dead weight of its construction operations. After these were jettisoned the building safety business was able to shine through. In the year to March 2021, its sales rose 5%, its operating profits rose 22% and its adjusted earnings per share rose 26%. This performance came despite a 58% fall in profits in the Energy division, which is much smaller than Compliance. Energy had geared up for a rapid increase in demand for installing smart meters. This was impacted by Covid-19 but it is seeing a pick-up in demand. We think there is great scope for Sureserve to expand by acquisition."