Well I have been alerted to this company by a great Investment pal of mine and I have to say as usual it looks like hes come up with the goods as per norm.

Not wishing to steal his thunder here is his summing up of the company.



SVR, Servicepower, is a stock that could be worth a dabble. The shares have done well recently and the company has a range of bluse chip clients including UK banks and Siemens. Floated at 1.16p three years ago, they fell to 5p but are now 32p. They recently issued a host of warrants to none other than one of the biggest companies in the world, General Electric. They make solutions software for field engineers, so they can arrange their daily schedules on the move. If a Sky repair man turns up on time, it is because he has used the SVR system. (and if he doesn't.........)
The balance sheet is not strong, but the company has signed several customers this year and I understand there may be two contract announcements imminent, one of which i have heard put at 5 million over about four years. They have also been conducting field tests with at least five international companies and further orders seem certain. i saw a broker's note (can't remember which) saying they should make 4.2p next year against a share price of 32p. Much depends on the number of contracts signed, but still with a niche and little competition, and the possibility of a takeover from the US in for free, the shares are a good punt. A line of stock of 2 million cleared an overhang last week and i understand may have found a US home. And someone was buying above the spread today, albeit only 24,000 shares. They were hard to get online so the mms may be short.
I bought today and hope to add.
One for the brave.ENDS.

I have great faith in this guy and have done reseearch on all he says, and find the company to be in a strong position.

Best to get in before the crowds but please DYOR.

GF.

ps, more research to come.

Srong looking TA.



Positive Candidate (Medium term) - Jan 20, 2004
Has risen 1163% since the bottom on 4 Dec 2002 at 4.00. Is within a rising trend and continued advance within the current trend is indicated. On reactions back, there is support against the floor of the trend channel. Positive volume balance strengthens the stock further in the short term. The stock has support at p 27.40. High risk with an average difference between the lowest and the highest price of the month.

cheers Gf.

Still in positive teritory.

cheers GF

Good to see that SVR has support at 27.40p - only a 40% drop from 51p - very comforting.

:-)

major major

(edited )

Shares Magazine
Brokers Tips:

*Buy - Bovis , ServicePower , Centrica .

cheers Gf

Deal still on the horizon, come on SVR lets have an RNS.

cheers Gf.

slipping back as people take profits waht about the broker upgrade talked about last week and the new contract ??? not confdent enought to buy any more

GF what about IEN ???

Hi Gordon, yes this one is a frustrating share it seems to do well for a couple of weeks then falls back to sleep. Going to check out EV BEE GREG to see if they heve an update but I suspect they will wait until details of this new contract are announced and lump it all together.

IEN, been in it before. These companies seem to have a lot of competition. Dont know the present state of play but thanks will have a gander.

cheers GF.

Could have the contract news finaly out this week, hoping for it very soon.

cheers Gf.

.

What does dot mean???????

cheers GF.

Sorry GF - I did a whoopsie, was meant to be on the SPS thread! Don't worry, I cleared it up.

No worries were have you been on SC?.

cheers GF.

GF,

any word from your brokers yet

MM

Not yet C22 but dont you worry as son as newis out it will bo on here. Good luck.

Cheersd GF.

is this the bottom for the moment ??

gg

no or do I mean yes.

something about to come out ??

gg,

being tipped tomorrow?

goldfinger ya goose...your great pal is actually a tip sheet!

waz winn..is Arjay your Pseudonym, as your messages are as negative as his