Shearwater Share Discussion Threads

[greenroom78] 07/10/2009 09:35

Revised my target yesterday from 125p to 150p. If we are there before end of year I think I'll hold longer.

[cockneyrebel] 07/10/2009 08:29

Breaking out here.

Should be fun :-)

CR

[bigbigdave] 07/10/2009 08:08

Through 118...

[cockneyrebel] 06/10/2009 13:26

Already broken the recent high - 118p is a longer term resistance - through that and they fly imo.

207p target from EVO looks reasonable too imo.

Winning contracts for fun, must be ahead of forecasts - must see more and more buying up to the 29th imo.

CR

CR

[dickbush] 06/10/2009 11:57

If it can close around the 120p level, there's clear blue sky up to the low 170's.

[greenroom78] 06/10/2009 11:46

I expect it is due to a mixture of things.

Recent profit taking has finished and MMs have sold backlog of stock
As of today it is no longer XD
Recent broker forecast of 207p (12months)
Contract announced yesterday
Report due on 29th Oct. Likely to be improvements on healthy order book.
or maybe because even at 119p it is cheap.

SWG just getting the attention it deserves. Based on last profits it should be trading closer to 150p without taking into account this years results.

all IMHO obviously.

[gswredland] 06/10/2009 11:35

yes wow.what is causing this surge i wonder!

[dickbush] 06/10/2009 10:10

Thanks from me too, dave

[greenroom78] 05/10/2009 23:25

Can the Brewins upgrade be added to the title block with the broker forecasts?

[mattjos] 05/10/2009 22:30

thanks also Dave .. think Brewins say it all very succinctly

[gswredland] 05/10/2009 22:26

thanks for that dave

[greenroom78] 05/10/2009 16:50

Good find davebowler, SWG is massively undervalued and it's nice to hear today's positive contract news as well as broker upgrades.

[davebowler] 05/10/2009 16:43

Brewins;

Scott Wilson is a leading global multi-disciplinary consultant which we believe is being fundamentally undervalued by the market. In our view the April 2010 P/E of 6.5x in no way reflects the quality/industry standing of the business, its diversity (better illustrated by the new reporting structure), exposure to the emerging markets infrastructure investment boom, and a market position which we believe would be very attractive to overseas predators. Following recent contract awards which have taken order book visibility to above historical levels, we increase our 12m target price to 207p (Dec 10 EV/EBITA 7.9x, PER ex pensions 11.7x) from 125p and add Scott Wilson to our Conviction Buy list.

[gswredland] 05/10/2009 15:15

Thanks CR..more good news from SWG. Glad i bought more last week

[cockneyrebel] 05/10/2009 12:57

Contract win just announced :

RNS Number : 2414A
Scott Wilson Group plc
05 October 2009

?










5 October 2009


Scott Wilson part of consortium awarded Mersey tidal energy project


Scott Wilson Group plc ("Scott Wilson" or "the Group"), the international design
and engineering consultancy for the built and natural environments, is pleased
to announce that it is part of a consortium appointed by Peel Energy to
investigate the possibility of harnessing the Tidal energy in the Mersey
Estuary.


The Mersey has one of the largest tidal ranges in the UK and has the potential
to make a significant contribution to the Government's target to secure 15% of
UK energy from renewable sources by 2020. An initial feasibility study,
part-funded by the Northwest Regional Development Agency, will identify a single
preferred tidal power scheme that stands the greatest chance of delivering the
maximum affordable energy from the tidal resources in the Mersey Estuary. The
team will then go on to prepare a planning application for the preferred scheme.


The contract is worth up to GBP5 million over two years to the consortium.


The Scott Wilson Consortium includes 1st tier partners; Electricity de France
(EDF) and Drivers Jonas LLP and several Northwest based SME's.


Hugh Blackwood, Group Chief Executive, comments: "We are delighted to have been
selected for this pioneering project to design a sustainable method of power
generation and help secure a renewable source of energy from the Mersey River.
Our inclusion in this consortium demonstrates the growing diversity of our
expertise and ability to operate in niche, highly specialist areas of the
market."

[greenroom78] 05/10/2009 12:57

Another nice little contract for SWG adding more value to an undervalued company.

[indomie] 02/10/2009 16:35

If the past is anything to go by this will tick up as the 29th approaches - after the positive announcement on 1st sept, shouldnt be any nasty surprises:-)

[cockneyrebel] 01/10/2009 11:44

Trading statement date just issued - Oct 29th.

CR

[cockneyrebel] 01/10/2009 11:17

Pre close trading statement was on Oct 21 last year. Reckon there will buying ahead of that imo.

CR

[livinginhope] 01/10/2009 10:11

No much action this morning but shares ticking up - continue to live in hope on this one!

[indomie] 30/9/2009 21:59

I have topped up today with more as the news from HYC reinforces the good news in SWG's last guidance at the start of the month and together with Balfour Beatty's recent takeover make SWG a steal! :-))) There are fewer and fewer stocks on the market with this potential recovery left.....

[indomie] 30/9/2009 21:58

Hyder Consulting PLC
30 September 2009

HYC.L

Hyder Consulting PLC (the 'Group' or 'Hyder')

Pre-close Statement

Hyder Consulting PLC, the international advisory and design consultancy, today provides a pre-close trading update in advance of its interim results for the six months ended 30 September 2009, which will be announced on the 23 November 2009.


Our overseas businesses have performed strongly and our client-centred strategy and leaner structure will enable the Group to report first half revenues and operating profit towards the top end of market expectations.


Asia Pacific operations have benefited from strong sales performance in the transportation and property sectors and from significantly improved operational efficiency. Operating profits are substantially ahead of the previous period.


In the Middle East our businesses are performing well, broadly in line with the same period last year, and we are seeing an increasing flow of opportunities across the region. As anticipated outstanding debt has reduced in Dubai, though the level of working capital in the region has been affected by the timing of Ramadan and public holidays.


Results in Europe have been more variable. Our businesses in the transport sector have performed strongly, winning important orders, notably those on Crossrail. Market conditions in the property and environment sectors have been more difficult, and in the second quarter our UK water sector business suffered from a temporary slowdown in workload between AMP cycles. Overall, the region's results are well below the prior year when taking redundancy costs into account although we anticipate an improvement with increasing new client and project opportunities.


We have improved the operating rigour and market alignment of our operations across the Group in the first half of the year. This has resulted in further staff reductions, with resultant one-off costs of c.£1.5m being absorbed within the normal reported operating profit.


The Group's geographical spread has enabled us to maintain a strong order book and to achieve a robust first half performance. The resilience of our core markets gives us confidence in the outlook for the financial year.

[bigbigdave] 30/9/2009 14:11

First purchases here last night and just after the bell this morning.
Been watching for far too long.

[livinginhope] 30/9/2009 11:58

Good spot CR re the trading statement from HYC. Do you hold or just monitor for comparison against SW? Their shares have really whizzed up today.

Looks like the strength has resumed in the share price and long may it continue!!