if you look back on the chart there is a massive gap. There is a theory that gaps always close. To do that with Serco the price would have to go to approx 2.80. Serco was picked in The Fleet Street Letter as a recovery stick. I believe last week Credit Swiss changed the rating to neutral and a price target of 2.08
Been away from the scene for a few days so just picked up your messages. Both very informative and answer my question as to why sentiment seems to have turned . Thanks very much. The SP continues to go onwards and upwards and long may it continue!
Feb 17 (Reuters) - Groupe Eurotunnel SE GETP.PA : * Subsidiary GB Railfreight signs 15-year contract with Serco * Says contract will provide GBRf a turnover of nearly 100 million pounds ($153.62 million) over 15 years * GBRf is committed to providing train drivers and locomotives as part of its franchise Caledonian Sleeper Further company coverage: GETP.PA ($1 = 0.6510 pounds) (Gdynia Newsroom) ((email@example.com; +48 58 698 3920;))
SERCO GROUP Last Signal:STAY LONG Last Pattern:BEARISH MEETING LINE Last Close:195.4000 Change:-5.9000 Percent change-2.93% Membership Benefits
Pattern Performance Signal Update Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 02/02/2015, 15 days ago, when the stock price was 155.6500. Since then SRP.L has risen by +25.54%.
Feb 10 (Reuters) - CAF CAF.MC : * Says signs deal with Serco Group PLC for the supply of 75 railway cars in Scotland * Says contract value ascends to about 200 million euros ($226 million) Source text for Eikon: ID:nCNM3LHCqV Further company coverage: CAF.MC ($1 = 0.8833 euros) (Gdynia Newsroom) ((firstname.lastname@example.org; +48 58 698 3920;))
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.