Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Surely 115p levels are bargain basement?
Faltering again must be being shorted short term?
Will it hold? I think it might. Solid base to push up from hopefully.
Looking good for a rise above 120p today fingers x'ed
Still holding as I’m sure they’ll come good, just taking longer than I anticipated. Testing my patience on a daily basis.
I’m loosing the will to live with this share. Outstanding trading update and completely ignored by the market. Goes up 5% one week down 6% the next.
I actually think its JPM fecking about loaning shares thats holding it back.
With JPM adding to their stake, they expect it to bounce soon - will have to look at adding this week
Looks like SRP ready to push on through 120p again very soon with FTSE on the march again
My thoughts too. I’m hoping for a jump if they reinstate the divi, which should help things along nicely. Thanks.
Price target 140 to 160 after next update and 190p mid 2021
Can only think there is a seller around and a largish over hang to clear which is weighing on the SP. Great opportunity to but or top top up imo. Will be big bounce, maybe at next update imo dyor etc
Still waiting for this stock to wake up; have I missed something?
Capita have stripped a lot of cost and with an ESS sale, debt burden will be materially reduced - RNS today re sale negotiation
A lot of debt to take on at Capita. I cant see it.
Bit of a head scratcher why this is so cheap. All i can think of is sentiment re track and trace,
Should be £1.70 at least on that q3 update.
This came about because a few II of Serco raised their stake in Capita
Ive taken a small position with Serco(£3k) but building Capita (£40k) - I think Capital has the ingredients to rise to 70p quite quickly and Serco to go 140p.
GLA
Value will out here, with Gov spending on the increase in 2021 and the outlook very good going forward, with divi being re introduced etc, I can't see shy Serco is being shunned by the market but the tide will turn soon imo.
That was 3 weeks ago and the sp did drop. The drop was way over done. Its recovering slowly. I’m looking for £1.50p. It will come. Safe but slow bet imo.
Serco being so "quiet" was up to 1.22 then dropped to 1.16-1.19 so need some good excuses to rise up again not sure if this news " Serco hit by loss of nuclear submarine contract " but I still have a hope as you said target upto 135p
Looking good for a rise back into the 130 to 140p range, many stocks overbought on vaccine news but not Serco. Once over 120p expect a quick rise.
Interesting TR1 from JP Morgan, they had nearly all their shares out on loan 4.9% - that means loaned for shorts. Now had them returned and sold them off. This could take the brakes off here and allow it to catch up with where it should be given the very strong trading update last month.
Also an article in The Times today suggesting two private equity firms are running their eyes over Serco and are going through the numbers with their investment bank.
https://www.bbc.co.uk/news/uk-54988870
Serco will certainly benefit - probably very heavily.
Serco gave strong trading update and raised guidance. Considering Divi reinstatement etc...
and yet the sp is close to a 6 month low - it has to play catch up. I bought last week and doubled up yesterday. Looks a no brainier at this price.
Just announced.
UK Military to get an extra £4bn over the next four years from the government. I expect some of this will be coming Serco’s way.
Why the jump today?