Updates

Servelec - Unexpected contract delays

July 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Servelec has announced that due to considerable headwinds across the group’s two divisions – Health & Social Care and Automation - it expects this year’s profits to come in below expectations.Within the Health & Social Care side, Corelogic/Synergy software, which is used by social workers for case management in childcare and software for children’s services departments performed well with a positive outlook. We said back in the March SCSW that the other part of the Health & Social side, which is selling systems to community care & mental health (CCMH) organisations, has to contend with the government’s timetable for upgrading systems, which was extended from mid-2016 until 2018 to give ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Telford Homes - Well on track for £50m pretax profit/eps 53p by 2019

Shoe Zone

Servelec (January 2018)

Servelec - Health and social care drive performance (March 2016)

Servelec - Chunky orders for RTUs imminent in water sector (August 2015)

Servelec - First acquisition since 2013 IPO (January 2015)

Servelec (December 2014)

Servelec - Firing on all cylinders (October 2014)

Servelec (July 2014)

Servelec - Fast growth from automation division (April 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X