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.

What is the recent news for SVR? It drop a bit today in the market.

Plenty of contracts coming its way Guys. Should keep the price positive in the long run.

cheers GF.

Up 2p this morning and medium term trend is higher.

cheers GF.

article in shares mag yesterday suggesting Evoultion Beeson Gregory about
to upgrade and rates stock as buy

Cheers GF for your thread on this share. I'm pleasantly in profit from some following up on research and getting in at 36.8p Any guess on what the next resistance level may be?

When EBG come out with the upgrade I will post the main points here. If you want a copy let me know.

Cheers GF.

Legins, sorry not sure at the moment, will have to do a bit of research. Been very busy since the new year, my appologies.

cheers GF.

GF,

holding these. Waiting with anticipation.

G.

Should see them going further north this week.

cheers Gf.

rumour of contract win to be annouced this week ?? expect brokers note out same time if correct ??

I tried to increase my holdings in this company this afternoon,but without success.Is there a shortage of stock does anyone know.Sharescope shows 56.8 mil on issue. Are the large majority held by institutions??

Yes theres a lot of rumours doing the rounds about a contract win, mind the company have said in the last RNS that they are in talks with a big USA outfit and have signed a letter of intent.

cheers GF.

bit of profit taking going on as most of the biggert trades are sellers ??

Could be some value in this after todays fall and rumours of another contract win around the corner

PB, talk of that contract coming very soon aswell.

cheers Gf.

ServicePower has announced it has signed a major agreement with General Electric Consumer & Industrial, referred to as GEC&I; a business unit of the General Electric Company. ServicePower and GEC&I will develop an innovative, state-of-the-art system for processing and managing GEC&I's warranty claims and to manage the dispatch of work to key segments of GEC&I's independent servicers across the U.S.

To read this announcement in full, please click on the following URL:

http://www.servicepower.com/cgi-bin/press/pressreader.cgi?p=news&n=2

Ricardo...that was the one on the 7th Jan that had already been built in....there is more to come

They (ServicePower) only just got round to mailing me that!

told another contract and brpker upgrade round the corner

Spot on Gordon, my Broker Evolution Beeson Gregory in its last note said this, BUY, and main points were, the plan is to broarden the offering to third parties after the GECI deal. Outsourcing consumer after sales service for most leading electrical manufacturers and retailers in the US. This offer will be taken up very seriously in what is an absolutely huge market place. They then go on to say, the real value comes in when other manufacturers use the service for little extra cost to SVR.

WE WILL BE UPGRADING OUR FORECASTS SHORTLY.ENDS.

Well we are awaiting these upgrades because they have another US giant in talks with the company.

I dont really think a lot of investors have realised just how big a deal this is and just how many add ons they will achieve.

cheers GF.

ps, as soon as the update is out I will post the news.