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.

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

Attendez-vous Kantona! (et tu me bon amis, Goldfinger - 'scusez ma francais merde)

Still holding at a small loss.

I think it's found support at this level with steady if slow buying going on.
4 out of the 11 tenders have been won so far and they're still in the running for 7.

They've got a good client list too.
just a bit boring right now but IT is boring, very boring, full of anoraks believe me I know.

Ricardo - I'm not an anorak, I'm a switched on biker girl (well, old lady to be precise!!!)

bye eck linzi ..

alz that i hve to saz is tis ..

when ze seagulls (punters) folows ze trawler (Goldfinger) .. itz because they think sardines ( profits ) vll be thrown in ze sea ( stockmarket)

Linzi

I know I saw the picture, not bad for an 'old lady'!!

If it wasn't for GF, I'd definitely be sardineless, but doesn't mean I do everything he sez - if I had so far I would have a lot more sardines.

a tick up, right on cue.

At last its turned the corner, good job or it would be heading for room 101.

cheers gf.

Good news. More to come I hope.

Second bit of news today

LONDON (AFX) - ServicePower Technologies PLC said its contractor-scheduling
contract with Installs Inc has been extended.

In March, ServicePower said Installs had gone live with the implementation
of a new product to schedule the work of contractors, rather than employed
technicians.

Second bit of news today

LONDON (AFX) - ServicePower Technologies PLC said its contractor-scheduling
contract with Installs Inc has been extended.

In March, ServicePower said Installs had gone live with the implementation
of a new product to schedule the work of contractors, rather than employed
technicians.

First bit of news

RNS Number:1636S
ServicePower Technologies PLC
18 November 2003



ServicePower Technologies PLC

("ServicePower" or the "Company")


contract update


ServicePower announces extension to contract

Contractor scheduling solution

ServicePower, the recognised market leader in artificial intelligence based,
field service scheduling applications, today announced an extension to the
existing contractor-scheduling contract with Installs, Inc. In the Chairman's
Statement in March, ServicePower announced Installs had gone live with the
implementation of a new product to schedule the work of contractors, rather than
employed technicians. The number of contractors on the system has risen quickly
over recent months to more than 600. Following this successful implementation
the directors are pleased to report Installs is now able to offer a
substantially improved service to its clients. It has recently won an exclusive
contract with Cablevision to install satellite systems across the US for the new
"Voom" high definition television (HDTV) service launched in October. It is
anticipated this will result in at least 300 additional contract installers
being scheduled by SERVICEPower.

Also in March, ServicePower announced the commencement of work with one of the
largest electrical retailers in the US to develop and implement a contractor
scheduling system. The company, which can now be identified as Radioshack has
recently sold its service business, Amerilink, to Installs and the work of
installing home satellite receiver systems will now be scheduled through the
existing Installs infrastructure. This will accelerate the scheduling by
SERVICEPower of a further 150 contract staff. The Amerilink project also
involved the deployment of ServiceMobility, Servicepower's state of the art
mobile application which allows technicians to send status and job completion
details back to ServicePower and the billing systems. Installs will be extending
the rollout to all parts of their business.

Whilst initially the concept uptake was slow, it is now very clear that in the
US service delivery companies are moving to use more contract staff and less
employed staff in an effort to minimise their cost base and better map resources
to the shifting patterns of their work. The directors are confident this market
development is set to continue.




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

Contacts:

Barry Welck, Chairman Tel: 01923 850863
David Brisco, Chief Executive Officer Tel: 0161 476 2277

Tom Price, Evolution Beeson Gregory Limited Tel: 020 7488 4300





This information is provided by RNS

The company news service from the London Stock Exchange

END

Installs Inc. has some really big customers in the retail field across 48 states. Lots of big name department stores and specialist chains. They include RadioShack (formerly Tandy) with 7200 branches in the US and connections worldwide.

Edit: Ah, I see the above posting includes most of what I was about to add. Thanks Linzi.

Thank goodness. Knew my informant would come good in the end. Close call though.

cheers GF.