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probably realisation that track and trace is an absolute shambles?
Serco seems to keep sliding further down each day. Thought this was supposed to be a profitable company with a strong outlook ahead??!!
Nice bounce off 135...Hopefully be tracing back upto the 158 region. Profitable company, good recent results & its forward guidance, if achieved, will prove to be better than many in the months ahead. Still scratching my head, with regard to the 20% fall in recent weeks. IMO 153-158 is achievable before Christmas...GLA
Agreed ive jumped in at 139. RNS had good numbers and Divi likely to return Q4 so would expect SP to recover over coming months. As you say GL the growth areas will suit this company with its deep Tory links.
Agree GL, thats why have taken a stake today. Brokers are looking for @180, but I think that may be conservative(no pun) in the choppy waters ahead for the economy. 140 seemed a good entry point, with probable dividends in the next year or so.
Serco make a fortune out of the unemployed, prison services and immigration. 3 massive growth areas in the UK. Headed up by a well known Conservative, another growth area
SRP VS CPI - I think CPI might be a better buy than SRP. CPI has just won a new contact for £355 with TFL.
Your assumption is correct.
If you are invested in Serco then I take it you are already aware of what Serco are involved in. I take it you are not invested here then Hully ?
https://www.facebook.com/nigelfarageofficial/videos/2830134373757128
This is what Serco are involved in. Makes my blood boil.
Understand the point D0berman, sorry didn’t mean for it to sound like I was having a go. Personally I don’t think that’s it ... I think not reinstating the dividend hasn’t helped, guidance for the full year is still on a wider range than normal and there has been no guidance at all for 2021 which is probably causing nervousness. Dividend reinstatement is not being considered again until Q4. On that basis there is probably better investments around in the short term. I still think the drop is rather harsh however considering such strong performance in the current climate.
People asked why the drop in SP - could this be the reason - that's all I'm saying.
Mike Graham is an absolute moron and doesn't know what he's talking about ... he didn't even know that government contracts were tendered for. Who listens to that **** !!
talkRADIO’s Mike Graham has strongly criticised Serco, the private company that works with the government to house asylum seekers.
“I’m already sick to death of Serco, I’d quite like to see them absolutely torn down from that hideous little pedestal they think they stand on taking public money for doing the square root of nothing except for ruining our country.”
why is serco down? great rns
Combing through the fallers.. Expected to read a bad RNS. Why exactly is this down 15%? Opportunity knocks..
Well I’ve bought back in
anyone know why this share is dropping like a sack of potatoes when receiving such good results. Is it a good time to buy?