goldfinger
- 05 Oct 2003 21:45
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.
ptholden
- 07 Jun 2005 11:08
- 213 of 248
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
ptholden
- 08 Jun 2005 10:54
- 214 of 248
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
stockdog
- 09 Jun 2005 17:24
- 215 of 248
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
gordon geko
- 24 Jun 2005 09:28
- 216 of 248
one day this one will come good
stockdog
- 24 Jun 2005 10:05
- 217 of 248
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
Legins
- 29 Jun 2005 09:14
- 218 of 248
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
gordon geko
- 29 Jun 2005 13:21
- 219 of 248
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
gordon geko
- 01 Jul 2005 14:00
- 220 of 248
looks like 30p will be achived shortly
hawick
- 01 Jul 2005 19:01
- 221 of 248
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.
hawick
- 04 Jul 2005 14:29
- 222 of 248
Nice move up today confirming base in. Serious danger that I am going to make money out of SVR. A first for everything!
gordon geko
- 11 Jul 2005 10:49
- 223 of 248
big move today something in the pipeline ????
gordon geko
- 12 Jul 2005 11:49
- 224 of 248
looks like hanging onto the 30p mark big trade 325k just gone thru
hawick
- 12 Jul 2005 16:27
- 225 of 248
Continuing to 'power' ahead now. Up another 2p today!
greasepaint
- 13 Jul 2005 08:39
- 226 of 248
zippidy dodah, zippiidy day
LONDON (AFX) - ServicePower Technologies PLC said its first half loss to June 30 narrowed to 0.8 mln stg from 1.6 mln a year earlier, as revenue more than doubled to 3.4 mln stg from 1.5 mln.
The figures are stated according to UK GAAP.
The scheduling software specialist said its first half revenue represents 83 pct of the revenue achieved in the full year of 2004, in what it described as a 'positive' trading update.
The results reflect contracts signed in 2004 and 2005 for its Field Service Solutions business unit, plus 1 mln stg in software licence revenue from a contract signed in April.
ServicePower said it currently has sufficient cash to meet the requirements of the business, and given the contracts that it has already signed and
on-going negotiations, it is confident of the trading prospects for
the full year and beyond.
Interim results will be announced in the week beginning Sept 26, and will be prepared under IFRS.
gordon geko
- 13 Jul 2005 09:29
- 227 of 248
said something was in the wind can see 40p on the horizon too much to hope fior the end of the week ???
gordon geko
- 13 Jul 2005 11:16
- 228 of 248
two big trades just went thru for abv 36p assume both buys ?? looks like gaining
some momentum
goldfinger
- 14 Jul 2005 00:36
- 229 of 248
Still holding Gordon. Just awaiting developments.
Some posters think I have sold out of positions because I dont keep up to date on the board, which is not correct.
I tend to keep posting away on my new buys and then leave them for a while.
Things will buck up here beleive me.
cheers GF.
gordon geko
- 14 Jul 2005 08:55
- 230 of 248
I thought you had moved on too need to give this some exposure as thought
i was on my own shame didnt buy some more at 25p two weeks ago where too
in the short term
stockdog
- 08 Sep 2005 11:32
- 231 of 248
When are the interims due on this boring share? Anyone care?
bishopjeremy
- 08 Sep 2005 11:49
- 232 of 248
Interims are due on September 28th....zzzz....zzz...