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.

GF

I'm stickin in this.

long termer, the RoI taking longer for larger co's would lead me to believe that when contract news comes in, it will come thick and fast...maybe.


cheers

r

Big things on the way. Who first gave ZOO on this thread ?,

gf.

ps, sorry for the gloryfying.

don't apologise GF. Everything you've tipped so far (in the past 6 weeks since I have been reading this board) has given substantial reward.

People like myself rely on those more knowledgeable to show them the way.

Many Thanks

Rich

Cheers Rich, it come because of hard work and I suppose a lot of good luck.

The deals are still on and we have two Yank companies in line to take this one over.

Please please dont get impatient, it will happen.

gf.

not much activity, but I have also heard that there are take over posssibilities, so I I will stay put

Definitely still in, unless someone offers me substantial sums of money to sell, in which case the price will go up immediately, rather than having to wait.

Well, any offers? No I thought not, so we can all afford to be a little patient for once then.

Goldfinger...do you still feel confident that things will happen on this one..rgds..buckets

Buckets, yes. My pal was confirming this on thursday evening. Stick in.

GF.

Around 29.5p, now. It is looking bleak but My stop loss will be kicking in soon. What is happening on Thursday?

I am already making a loss now. Where is the contract???

ouch, this one is hurting more than my hangover.

how can a share fall, no news. nothing. There is more to this than meet the eye. I reckon it is to generate panic selling and I am sitting tight. I have no choice I have to regain my loss. Stop loss deactivated on this share.

great big spread too, so not much chance of 'topping up'.
And a the bid ticks up as I write.

Need news that the proof of concept, below, has been turned into a contract.

taken from interim results 18th September
"I am very pleased to now be able to announce the award of a funded proof of concept with a world-renowned Fortune 100 company. In view of our success in turning proof of concepts into successful rollouts, the directors are very confident this project will make a major contribution to future revenues"

Maybe the contract didn't happen? how dear, that could be major!

And goldfinger has gone rather quiet!!!

He's on holiday at the moment.

r these still worth holding onto ... or is it best to shift funds elsewhere and just take the loss on this one ? any views pse..

Hi Kantona, can I call you Eric??????. Your right these devils have been a real let down and are the only ones in my portfolio showing a loss.

You will remember I took these on board from a very good freind who is well clued up on take overs/ contracts with the US market. He still maintains that this one will be taken over and that there are deals just to be finalised.

Having said that my patience is being stretched. I will be giving this one a review at the weekend.

cheers GF.

Still holding

si vous plais ,,monsieur GF... au revior till then