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 Shares Traded Last Trade
  0.00 0.0% 67.00 73,834 08:00:00
Bid Price Offer Price High Price Low Price Open Price
65.00 69.00 67.00 67.00 67.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 195.71 7.80 4.00 16.8 107
Last Trade Time Trade Type Trade Size Trade Price Currency
16:16:45 O 25,000 66.00 GBX

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Sureserve (SUR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-05 17:12:2466.0025,00016,500.00O
2021-03-05 16:16:4765.705,0003,285.00O
2021-03-05 14:59:0565.68285187.17O
2021-03-05 14:40:3267.007,2504,857.50O
2021-03-05 14:16:1666.754,6933,132.58O
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Sureserve (SUR) Top Chat Posts

Sureserve Daily Update: Sureserve Group Plc is listed in the Support Services sector of the London Stock Exchange with ticker SUR. The last closing price for Sureserve was 67p.
Sureserve Group Plc has a 4 week average price of 62p and a 12 week average price of 53.50p.
The 1 year high share price is 69.25p while the 1 year low share price is currently 31.40p.
There are currently 159,587,390 shares in issue and the average daily traded volume is 73,745 shares. The market capitalisation of Sureserve Group Plc is £106,923,551.30.
vfast: Two Proactive Articles Dated the 2nd and 10th of Feb. Sureserve Group plans dividend return as performance defies pandemic Calum Muirhead 15:20 Wed 10 Feb 2021 Sureserve makes strong start to new year; Peel Hunt ups target price The board has proposed a doubling of the dividend to a penny John Harrington 09:40 Tue 02 Feb 2021
vfast: Regardless to share price movement in the short term which we know can be erratic and that applies to all companies, however IMO we should focus on SUR business. Again IMO the business is in very good shape has a strong order book, services that are needed and in regulated sectors, cash in the bank, 100% increase in the dividend and an accomplished management team in place. The elephant in the room is Covid 19 but again the company has outperformed. We have seen other companies cancel their dividends or cut them back and in financial difficulties and some have gone under. I believe over the next 12/18 months we will see the share price at substantially higher levels and a doubling of the share price from where it is today.
rivaldo: There seems to be a two-way pull at present, explaining why the share price is stable. Online I can sell plenty at 62.2p, but can also buy at 63.25p - just below the mid-price - so I assume there's both a seller and buyers around. A bargain price imho, but WDIK?! EDIT - a nice 1m share buy at 64p just reported from last night.
vfast: ADVFN data buys and sells is not accurate, a lot of the marked sells were in fact buys below the mid price. Good news today but I expect there is an overhang hence the poor share price movement. Added. 2 late reported trades of 500,000 each which are marked down as buys. Hard to understand the share price movement today.
knowhow77: Good figures shame about the share price and the number of sells going through!!
rivaldo: 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:// 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."
vfast: 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:// 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: 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:// 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.
rivaldo: 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:// "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: Nice review overnight on Master Investor by Mark Watson-Mitchell: Https:// "Sureserve Group (LON:SUR) – Trading update due shortly? After having eased back to 48p over the last few weeks, the shares of this compliance and energy services company have been creeping gently better again. Now at 52.5p they are only a few pence below their recent 57p high. My view is that they will continue to edge even higher ahead of the early October trading update referring to the September year-end. Undoubtedly, we will have some more positive news from boss Bob Holt and that can do no harm to the share price, which I see going up through the 60p level fairly soon."
Sureserve share price data is direct from the London Stock Exchange
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