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.

The news release below also makes interesting reading!

ServicePower New Business Venture

anyone got anything recent about this lot ??
Goldfinger you still in ?

Boker note below 17/1 said buy not sure reason for weakness ???

ServicePower Technologies PLC - Detailed Broker Forecasts

2004 2005
Broker Date Rec Pre-tax () EPS(p) DPS(p) Pre-tax() EPS(p) DPS(p)
Evolution Securities Ltd 17-01-05 BUY -1.80 -2.60 -0.60 -0.80

Consensus -1.80 -2.60 -0.60 -0.80
1 Month Change 0.00 0.10 0.00 0.00
3 Month Change 0.20 0.30 0.00 0.00

Growth (%)
Standard Deviation (p)
PE Prospective (x) -12.31 -40.00

Anyone have any ideas why this is falling off a cliff?

no idea but about to test 30p again

Is this on the way back - just look at those recent contract deals

Agree - should be doing better than it is - but why not buy some more at this level?

With 6.6m in revenues secures, there is another 4.1m to go to hit consensus broler's forecasts for total revenues this year - seems a likely figure and possibly one that can be exceeded from this point in the year.

Also the fact that they did finally deliver on a contract that was held over from last year is in itself encouraging - so many "delayed" contracts never quite come to fruition, but simply fade away.

A break up through the Jan 2004 downtrend line would confirm we are into a new positive phase.

I hold, watch and wait with modest optimism.

SD

Beginning to look interesting again:

ServicePower Technologies PLC

('ServicePower' or the 'Company')

AGM Statement

ServicePower, the established market leader in artificial intelligence based
field service scheduling applications and computer services is pleased to
announce that the AGM of the Company will be held at 10.30am today.

The following statement will be made to the meeting by Barry Welck, Chairman:

Results for 2004

'ServicePower's results for the year ended 31st December 2004 reflected the
excellent performance of our new Field Service Solutions business division
launched in March 2004. This initiative will transform the company from a niche
software vendor to a business process outsourcing services provider. Turnover
increased 56% to 4.1 million with the Field Service Solutions business
division contributing 2.1 million'.

2005 Update

'2005 has seen us continue to grow the Field Service Solutions business. In
January we announced the launch of FSS Europe and already we have won contracts
in the UK which the Director's expect will contribute over 1 million revenue
in 2005. We have also signed a strategic alliance with Elesco, a company
providing pan-European service delivery capability. I expect a great deal of
incremental business to come from this relationship as most of our customers in
the UK and U.S. wish to provide consistent service processes throughout Europe.

In the U.S. we have continued to rollout the contracts signed in 2004 and with
the European business we now have over 3.6 million of revenue under contract
which, provided existing volumes continue, will be delivered by the Field
Service Solutions business division in 2005.

In April we announced the signing of a significant software contract with a
Fortune 100 industrial conglomerate. This contract, worth in excess of 1
million revenue this year, had been delayed from 2004 due to increased
corporate governance regulations in the procurement process. I am pleased to
say that the contract signed provides a contractual framework and pricing for
all our client's companies across the globe and this will allow rapid deployed
in other businesses. We are working closely with our implementation partner,
BearingPoint Consulting to achieve this.

I am also pleased to report that our OEM strategy for the software business has
been especially successful with the recent announcement of a contract with
CCCIS who will lead our sales into the insurance industry in the U.S. We now
have more than 3 million of contracted revenue from the software business for
2005.

Summary

The business as a whole is developing well. The integration of the SERVICEPower
software solution into the Field Service Solutions business division solution
provides our large clients with a unique solution to the problem of managing
and controlling work delivered through independent service companies. This
gives our software sales teams a powerful and unique differentiator that is
expected to deliver increased software application revenue in the future.
Subject to our customers achieving their roll out targets, the Company
currently has 6.8 million total revenue contracted for the year, 66% more than
we achieved in the whole of 2004.

I am pleased to say the Field Service Solutions division is delivering more new
growth opportunities than we expected. We are carefully managing our cash
through this rapid growth period and the Board is confident we can deliver
further growth from the business during the next twelve months'.

This is not a share for me. It was 36 pence in January and is now 26 pence. Is somebody playing around here because I like to invest in shares that have a future and this one does not!!

More good news from Servicepower:

SERVICEPOWER TECHNOLOGIES PLC

('SERVICEPOWER' OR THE 'COMPANY')

Contract Award

ServicePower, the recognised market leader in field service scheduling
solutions and computer services, today announced it has signed a contract with
a major U.S. mobile communications company to provide software applications for
sale to independent service companies across the U.S. The three year contract,
which is automatically annually renewable thereafter, is to provide software
applications that will run on a third generation mobile phone. This represents
a new business venture for ServicePower which will support the Field Service
Solutions (FSS) business objectives.

ServicePower will provide software applications that enable independent
servicers to perform their jobs as efficiently as the large employed service
teams of our traditional software customers. This increased efficiency will
make our sub-contractor servicer more profitable whilst delivering better
customer service and will ensure their long term commitment to being part of
the ServicePower network of independent servicers. All the applications can be
provided immediately for integration either by ServicePower or our product
partners and will not require any additional resource from the Company. One of
our partners will provide both consultancy staff and $500,000 of working
capital, indicating the commitment they have to the project.'

ServicePower will receive monthly fees invoiced as part of the monthly phone
bill by the 'air time provider' for managing the applications. The applications
will initially be targeted at the 60,000 technicians in the ServicePower
independent servicer network. This will rise quickly as the ServicePower
network expands. A more detailed explanation of the applications, services,
monthly fees and partners will be issued following the formal launch in July
2005.

It is not possible at this stage to quantify the value of this agreement but
the directors believe this will have the same significant impact on the
performance of the Company as the FSS business. The market for business
applications for third generation phones is huge and growing. The 'air-time
provider' is committed to developing more business opportunities for data
transmission over its mobile network in order to maximise the utilisation of
the network capacity. The 'airtime provider' will commit a significant
marketing budget to support the launch across the U.S.

'This new business opportunity represents a significant development of the
Board's strategy to become the leading provider of software and service
solutions to manage the delivery and completion of service jobs through
independent service companies. Our world-leading FSS solution is targeted at
the larger independent service companies that have some central IT functions.
This agreement with a major 'air-time provider' gives us the capability to
deliver our applications cost effectively via the mobile phone of millions of
service engineers in their trucks' commented David Brisco, CEO of ServicePower.

Note: ServicePower refers to the company and SERVICEPower refers to the
product.

June 7th, 2005

pth - another piece of good news. The chart looks to be forming a sort of support level around about 26p. Although the highs are still reducing with each wave, the lows appear to be bottoming out. A good break out up through the downward January resistance line and a solid attack on the 200dma could see the SP start the climb up towards the Jan 2004 peak. But we need some consistent repeats to the good news over the course of the year to achieve this. It's a question of how long you want to give it.

sd

Fair to say, tht SVR are not really capturing the investor imagination at the moment. It will need media coverage (IC /Shares etc) to whet the appetite once more, but from a fundamnetal perspectice the company is certainly beginning to put the disappointments of the previous year behind them. As this is one of my 'semi-dogs' I am happy to watch and wait.

pth

A bit more positive news:

SERVICEPOWER TECHNOLOGIES PLC

('SERVICEPOWER' OR THE 'COMPANY')

Director's Dealing

The Company announces that it has today been informed that on 7th June 2005,
David Brisco, the Chief Executive Officer of the Company, has purchased 100,000
Ordinary Shares of 10p each ('Ordinary Shares') at a price of 26p per share.

Following this transaction, David Brisco has an interest in 4,195,216 Ordinary
Shares, representing 5.66 per cent of the Company's issued share capital.

The Company announces that it has today been informed that on 7th June 2005,
Ian MacKinnon, an executive Director of the Company, has purchased 100,000
Ordinary Shares of 10p each ('Ordinary Shares') at a price of 26p per share.

Following this transaction, Ian MacKinnon has an interest in 3,473,392 Ordinary
Shares, representing 4.69 per cent of the Company's issued share capital.

David Brisco

Chief Executive Officer

8th June 2005

Still surprised this isn't starting to move along a bit more. Time will tell.

pth

Non-exec chariman also buys 100,000 at 26p - this with yesterday's news seems to set a floor on the SP for now and the chart shows increasing signs of turning up from the bottom - giving about 13% of the company between the three of them, certainly a large enough slice to truly motivate them.

Maybe this is the start of a revival story for the SP. Need another positive deal RNS to confirm the good news from the recent US telecoms deal. This by way this deal could be massive as it is generic across a wide range of companies who all need some useful product to transmit via G3 mobiles (once the gimmicks have worn off).

sd

one day this one will come good

It's a well-grounded and almost Buffetianly dull business, providing a service across US, UK and Europe that everyone I know is screaming out for (how many times does your oven-repair company suggest you wait in all day for them to turn up!) that is quietly doing its stuff with the long-term growth of a stable business in mind. It may take its time, but it will get to the top of the mountain as surely as many more fiery steeds and with a good deal less "evenements" en route.

I bought these a little too expensively slightly sooner than necessary, but they have certainly survived a recent weeding out of loss makers from my portfolio and have a comfortable berth on a modest allocation.

Over the last 3 months the chart seems to be consolidating at some form of bottom after its relentless decline from its Jan 2004 high of 54p. Anything under 26p seems a good buying opportunity and, once they get going, they will eventually rise at least to their former glory within a year, and probably beyond.

IMHO

sd

Some more positive contract news and the SP is at last moving north.

SERVICEPOWER TECHNOLOGIES PLC

('SERVICEPOWER' OR THE 'Company')

Award of Contracts

ServicePower, the recognised market leader in artificial intelligence based,
field service scheduling solutions and computer services, today announced the
award of a new contract with Metron North America. The contract provides
electronic dispatching, availability and mobile dispatch to thousands of
satellite TV installation engineers across the US via its FSS application.

This contract follows the model of the recently announced contracts with
National Service Alliance, Inc (NSA) in the US and Elesco in Europe. Metron
centrally co-ordinates a network of independent service companies across the US
for major manufacturers and retailers, thereby providing the single point of
contact they are looking for. As well as providing the IT infrastructure to
manage Metrons' business, ServicePower will gain access to the network, greatly
extending the Company's authorised servicer network and extending its
capability to deliver revenue through the outsourcing and the recently
announced 3G mobile business models.

ServicePower expects the three contracts combined to deliver 500,000 in the
first year and more than 1 million per year thereafter. These contracts are
also significant as they underpin the ServicePower service delivery model.
Manufacturers and retailers who currently manage a disparate network of
independent service organisations have two options if they are to improve
customer satisfaction and reduce costs. They can either outsource the
management of the work to an organisation that has good IT infrastructure,
keeping control of the work themselves, or they can outsource the work to an
organisation that can provide a total solution. ServicePower is now well placed
to pick up transaction revenue or outsourcing revenue whichever option the
manufacturers choose to adopt, either directly or through these new clients.

'This contract with Metron further extends the breath of our service delivery
capability as it brings with it state-of-the-art distribution, logistics and
contact centre services. ServicePower now has more than 40,000 authorised
servicers, making our network one of the largest in the US,' commented David
Brisco, CEO of ServicePower.

Note: ServicePower refers to the company and SERVICEPower refers to the
product.

June 29th 2005

12 months ago a contract win would drive price much further belive SVR
has credibility problem with investors think dirt cheap at this level and next set of results should see re-rating but looks like going to have to hang on until sept for this

looks like 30p will be achived shortly

Got back in today. Persuasive chart support at 25-26p, Director buying, new contracts and chunky volume seems to have cleaned out the seller. Think they are a good play to high 30s pdq.