ServicePower Tech. (#SVR) – 6p per share recommended offer
- 2016-12-08 00:59:37
In his debut article for ShareProphets, Robert Corden explains why he is so bullish on Service Power (SVR) and believes the shares are a strong buy at 4p.
Hmmm. Seven – yes, SEVEN RNS Reach releases since the start of H2 (July 1). That’s the running score with AIM-listed ServicePower Technology (SVR). It is almost one per fortnight. Surely there is no attempt to pump up the share price ahead of a placing, is there? Oh hang on, what do we find in the interims which were published on deadline day?
Provider of management software for field services, ServicePower Technologies (SVR) updated earlier this month that “trading for the half-year is in line with management expectations following the necessary investment in products, staff, infrastructure, and customer implementations” and that “we are confident of continued progress as we enter the second half of the year with a healthy pipeline and stable balance sheet”. I review in the following ahead of 17th September-scheduled interim results.
Today I introduce you to two small technology companies. I barely ever cover non resource stocks because they are not my forte, but these two really stand out and offer really mouth watering upside; ServicePower (SVR) & MTi Wireless (MWE).
As I gently perused the small cap world while finishing the last pieces of turkey, my eyes fell upon Service Power (SVR) at 5.625p









