Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.
  • Page:
  • 1

SERCO - RE-ating on the way...10% upside possible from here... (SRP)     

jules99 - 03 Sep 2003 11:44

Check out announcemnt - Results out today -Excellent!

With thier order Book at 10 Billion -Thats up from 7.3Billion from '4 months' back...I wanna cry....wish I owned such a company...!

Double digit growth predicted for the forseeable future...they also have a 25yr contract worth 2 Billion pound contract under their belt recently..

whats more it is highlghted SERCO is trading at Discount to competitors, such as Capita...

SERCO RESISTANCE LEVL IS 1.80P, if it breaks past then 2.00 is indeed next level...


READ ANNOUNCEMENT cant seem to Copy n paste from my system..but trying...!

DYOR...as always..

Jules99.



jules99 - 03 Sep 2003 12:47 - 2 of 6

1.90 to buy now...Tmorrows media and wekend review should help it go right direction further near term target for me is 2.00/2.10 at least...

happy investing.

jules99

jules99 - 04 Sep 2003 08:30 - 3 of 6

was right for once...phewww!!!!!!


ON THE RISE...1.90/1.95

If I were 'Mystic Meg' for he day...For anyone who doesn't know (she's the Bloke with the Sister Sledge Haircut...)

...I sense SERCO will be todays ftse-250 highest climber of the day...doesn't take a genius to work that one though...

Mystic you ain't all that...lol


jules99 - 04 Sep 2003 10:45 - 4 of 6

THIS MORNINGS Independant - READ LAST PARAGRAPH...!
http://news.independent.co.uk/business/investment_column/story.jsp?story=439950

Serco looks a source of profit

Serco is going to play a big part in the Government's shake-up of the public sector. The company already provides a vast array of management services for the state - from decomissioning nuclear weapons and running observatories, to inspecting schools and providing IT support to the National Health Service. It is inching further and further into the public sector here and abroad, with new contracts to monitor traffic flows on the UK's motorway network or to control driving tests in Ontario, Canada. By the end of the year, it may even be part of a consortium building refuelling aircraft for the Royal Air Force.

It is a potentially vast market and, now that the crazy optimism of a few years ago has been tempered and Serco shares (up 18p to 188p) trade on a multiple of 18 times this year's forecast earnings, investors would be well advised to come along for the ride.

True, the party conference season is sure to see battles over public sector outsourcing but Kevin Beeston, Serco's chairman, professes to be unworried by this "noise". On a day-to-day level, he says, the company has excellent relations with all its public sector clients and the necessity to "deliver" on public services while the public finances deteriorate means more government outsourcing is inevitable.

The sheer length of such contracts mean all this year's forecast turnover is guaranteed, and so is 86 per cent of next year's. Buy.

Jules99.

jules99 - 05 Sep 2003 10:55 - 5 of 6

SERCO's -Still not too late on this one.

Legal and General just increased their holding moments ago to 4.10%..which is always a good sign.

SERCO's at present 184/1.88P no movement so far but it's only a matter of time -BUYers are in the majority today.

DYOR as always...

Jules99.

jules99 - 05 Sep 2003 10:59 - 6 of 6

Sorry Buyers not in majority as yet, nver the reasonable...Dohh...was looking at RTd ratio by mistake....DOHHH

one more time....DOHHHHHHHHHHHHHHHHHHHHHHHHHH..........!
  • Page:
  • 1
Register now or login to post to this thread.