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ServicePower - New high for the shares

March 2008

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.

  • Epic Code:
  • SVR
  • Price:
  • 20p
The shares moved to their highest level for over a year afterrecently appointed chief executive Mark Duffin issued a pleasingstatement, reporting that for the second half of the year to endDecember turnover came in significantly higher than in the first halfand the business was profitable. ServicePower ended 2007 with £1.5mcash. Since the year end, ServicePower has also won further contracts; asoftware licence in the US to a major corporation to schedule the workof its 650 vehicle inspectors; a fully funded pilot in another businessdivision of one of the company's largest US customers; and a softwarecontract by Sector Alarm to schedule engineers within its domesticintruder alarms business in Norway, Sweden and the UK.For t ...

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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

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