SERCO GROUP PLC (SRP) Shares
ABOUT SERCO GROUP PLC
Serco Group plc is a British provider of public services with headquarters in Hook, Hampshire. Serco operates in six sectors of public service provision. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Serco Group’s history goes back to 1929, when it was founded as RCA Services Limited, a United Kingdom division of the Radio Corporation of America.
At first it provided services to the cinema industry but after RCA’s takeover by General Electric in 1985, RCA Services Limited was bought out by its local management. In 1987 it changed its name to Serco and was listed on the London Stock Exchange in 1988.
In 2008, Serco acquired SI International and in September 2017 Serco announced that it would combine its UK and Europe operations.
Today its portfolio of services includes more than 500 contracts internationally across UK and Europe, North America, Asia Pacific and the Middle East. Five sectors – defense, justice and immigration, transport, health and citizen services – are covered.
OVERVIEW OF SERCO GROUP PLC
Serco Group plc provides services to governments, international agencies and corporations and manages those facilities, projects, and information technology systems.
Serco runs scientific establishments, provides critical information to manage traffic, maintains buildings and operates railways.
More than 50,000 people were working in the different sectors in 2019.
VISION & VALUES OF SERCO GROUP PLC
Serco Group plc’s broad cross sector and international experience allow them to share new service innovations and improve the performance of the public services they manage.
Their performance and efficiency of operations are constantly evaluated as well as the outcomes achieved for citizens, leading to new approaches when needed.
Therefore they are able to deliver rapid changes and better operations by drawing on global resources, employing the best specialists and instituting effective systems.
Their service culture is based on the values of trust, care, innovation and pride which guide them in dealings with colleagues, customers, suppliers, communities and even shareholders interested to purchase shares.
MARKET PERFORMANCE OF SERCO GROUP PLC
Serco Group plc‘s shares are traded on the London Stock Exchange (LSE) under the stock symbol “SRP” listed in the Industrials sector.
Its 2019 half year results show that its revenue increased 8.0% to £ 1,476m from £ 1,366m in 2018; excluding Serco’s share of revenue from joint ventures and associates of £193m (£ 192m in 2018). Net currency movements increased revenue by £ 20m or 1.5%, whilst 2.3% or £ 33m was added from other acquisitions.
At constant currency, the organic revenue growth was therefore £56m or 4.2% and increase mainly due to strong performances in the Americas division’s defense business and Asia Pacific’s growth in citizen services operations.
Underlying Trading Profit (UTP) increased by £ 13.0m or 35% to £ 50.6m (£ 37.6m in 2018); excluding the £ 2.1m favourable impact of currency.
Their favorable performance in the market gives shareholders ample confidence to buy or sell shares and expect sound dividends and returns.
Buy SERCO GROUP PLC stocks / shares – A Step by Step Guide how to Buy / Purchase SERCO GROUP PLC Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy SERCO GROUP PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SERCO GROUP PLC STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE SERCO GROUP PLC STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SERCO GROUP PLC stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy SERCO GROUP PLC stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?