SRV - Servcorp

[Plata]

This one popped up on my radar from the salt long short fund newsletters (worth checking out btw). I cannot get over the reuslts announcement presentation styling, I've never seen anything like it before 

Someone in the team LOVES a good AI generated photo and a few zaney fonts

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03057828-2A1654187&v=undefined

[KW]

Ah, if you were a long time holder of SRV you would know that Wombat is a standard feature on all its annual reports and presentations, and each year has a particular colour scheme.  SRV is the only company I still get the physical annual report delivered because its so cool to read through 

The change this year is that AI has generated a different illustration of Wombat, normally he's a cartoon character.  As is everyone in the company who features in the annual report. 

Even more entertaining is listening to the 86 year old founder/CEO in presentations.  This years one started with "I'm not going over the presentation because if you havent read it you shouldnt f***ing be here".  Then he proceeded to fake die on stage when talking about his age and succession plan.  Sadly, only 8 people were in the room to see/hear it. 

THE MOST UNDERATED STOCK ON THE ASX

Moufarrige owns so much of the stock, and is continually buying it on market, at some point it will become a private company again lol.  I dont think he's gonna die until he has IPO'd off the European/ME part of the business on the Saudi stock exchange.  Crowning achievement for the Lebanese lad.

Its a great business, pays a solid dividend, and apart from the years where WeWork destroyed the market, its been a consistent performer.   Long live the Wombat!