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.

A fairly recent newspaper article on the company........
ServicePower Technologies also caught the eye with a rise of 4p to a two-year high of 30.5p after an overhang was cleared. Market gossips also believe further deals could be in the pipeline, possibly with a US multinational corporation, and that a couple of predators are on the prowl.

WHAT THE BROKERS SAY

Strong Buy 1

Buy 0

Neutral 0

Sell 0

Strong Sell 0

Total 1

GF.

From saturday telegraph

ServicePower Technologies

Buy at 30p (currently 29p) say Charles Stanley to clients with aggressive growth objectives but who understand risk.

Following the recent interim results and discussions with the management, the broker has left their estimates for the current year intact but point out that as the company is dependent on a small number of large contracts.

This provider of scheduling management software has won a number of new contracts this year and further gains are expected in the second half.

Current year figures may therefore be exceeded or undershoot but the broker expects that this will only be a matter of timing on contact delivery.

The broker projects EPS of 1p for 2003, rising to 2.4p in 2004, and possibly 4p in 2005.


GF

Good morning GF and thanks - can reply on you !!!!!!!!!!!

Stockport, UK, October 7, 2003 -- ServicePower (LSE: SVR), a global developer and supplier of workforce optimisation software for the Customer Relationship Management (CRM) market, today announced a contract to support Novar/Gent Services, part of the Novar plc group. Novar/Gent is internationally recognised for designing and manufacturing fire safety products and is firmly established as the UK market leader in fire detection and alarm systems.
The enterprise-wide contract will initially schedule the work of more than 230 technicians in the UK working for their services division, who install, repair, and maintain fire and safety systems for commercial buildings. SERVICEPower will enable Novar Services to efficiently integrate the allocation of fast-response, emergency repair jobs with their planned maintenance work

Linzi and Goldfinger....you appear to be the 2 knowledgeable bods on this one..........do you have any further views on SVR as it seems to have lost its very small head of steam..

Watch out for a bid. Rumours circulating in the city that this one is being targeted.

GF.

Goldfinger, I hope you're right about this one. Either a takeover bid or a large contract would be nice. I bought SVR shares around 2 months ago at 30p and am still waiting for a substantial rise in share price.

On a separate note, what are your views on KTS (Knowledge Technology Solutions)? They have recently launched a real-time quote and financial news system called QuoteTerminal, which has been taken up by several well-known brokers. KTS have just opened a London office to aggressively market the product which is considered a cost-effective alternative to Bloomberg and Reuters terminals. I think KTS stand a good chance of gaining a significant portion of the market and they are about to launch another product, MarketTerminal, which may be taken up by existing customers. Further contract signings are imminent and with results expected in a few days, this share has the potential to be a big winner!

Prodigy, on KTS, an online pal of mine thinks very highly of them and so do a lot of others. Im already in Pat Systems a competitor and have been for a while, having multi - bagger status on it. Will have to review the situ. I might change over , not sure yet.

SVR, I am told by a reliable source are being snooped on by two Yank companys.
Would be daft to sell now.

GF.

ps, take a look at European Diamonds, ready for take off.

if i may....

this thread caught my eye for various reasons so read today's posts.

GF you mention PAT systems - i have had a couple of unsolicited mail shots regarding (off-short, gibraltar??) claiming new system available at limited licence...is this one and the same to which you refer?

is PAT a brand of a 'methodology'?

thanks in advance.

t.

terod, no chance. Pat Systems is a well repected company run by genuine people. In fact the Slaters have a big investment in the company through their Galahad Capital Investment company, they wouldnt buy into anything dodgy.

Ignore rubbish like that.

Anyway back to Service Power,please dont lose patience with this one, the deals are only days away I am told.

GF.

Servicepower---volume presently 26,642
Nothing good happening now despite Oct 7 contract to support Novar/Gent
services which are part of Novar plc group

lets hope those deals are announced soon.

I'm not too worried by today's drop though as last statement was v. positive and the dealon the 7th was only just over a week ago!

Ricardo, stick in there mate. Ive given some good one on this board just recently. Take IDD today and over the past few days must be knocking on for 50%.

Incite and Centurion are others plus who started the GXN thread. Please, please just stay patient.

GF.

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