Shearwater Share Discussion Threads

[pitball] 01/12/2009 20:51

I'm in. got offered more on friday at 8 am 99.6 whoops bloody hindsight

[cwa1] 01/12/2009 17:09

I've got some if that helps any ;-)

[celeritas] 01/12/2009 15:14

Seem to be virtually on my own here, anyone else have some?

[celeritas] 01/12/2009 11:30

Results due the 15th, from the pre close.

During the first half of the year the financial performance of our Joint Ventures has been better than initially foreseen. This largely reflects the Group's prudent approach to profit recognition and, although final settlements are yet to be agreed, the Group's share of the profits from the Joint Ventures at the half year is now expected to be at least £2m. As a result, the Board anticipates reporting interim results ahead of current market expectations.

A lot of the work is now coming from Chindia, I expect that to be a growing trend.
Analysts will need to upgrade targets with better than expected results.

[indomie] 30/11/2009 11:26

Looks like people are switching out of HYC and into SWG due to less exposure in Middle East...

[mattjos] 26/11/2009 14:10

on all the previous leg up's its risen slightly then dropped back for 1-2 days before moving of ... it was repeating this pattern exactly this wek & was due a small drop today. General market sentiment & lack of USA trading has simply elevated volatility on the downside hence the drop today .... I'd expected it to be about 2-3p only today ... may now have to wait until Tuesday to see the move-up begin i think. Best i can call it really as all the fundamentals & technicals are in place here for a run on 160-170 in December

[wjccghcc] 26/11/2009 10:24

Dubai debt default I'd guess.

[bighotmac] 26/11/2009 10:08

woaaahhhh. gulp. buying opp? chart looks in trouble - any opinion?

[mattjos] 25/11/2009 22:44

Good to see Scott Wilson preparing other resource reports, now in Canada, for Cogitore Resources on their 3.6mt copper, zinc & silver resource near Quebec (by Scott Wilson Roscoe Postle Associates)



Certainly helped Cogitores share price today!

[celeritas] 25/11/2009 07:54

15th December


During the first half of the year the financial performance of our Joint Ventures has been better than initially foreseen. This largely reflects the Group's prudent approach to profit recognition and, although final settlements are yet to be agreed, the Group's share of the profits from the Joint Ventures at the half year is now expected to be at least £2m. As a result, the Board anticipates reporting interim results ahead of current market expectations.

[dnfa1975] 25/11/2009 07:50

when are results

[celeritas] 24/11/2009 14:13

Unless the BOD are lying results are going to be better than expected, broker upgrades will follow along with institutional buying.

[indomie] 24/11/2009 11:52

Gone up in sympathy with HYC's results.....this one ideally needs some M&A activity to lift off!

[livinginhope] 24/11/2009 11:27

Don't understand why there are so many very small buys surely the commission must make it uneconomic?

[cockneyrebel] 24/11/2009 09:24

Less than 3 weeks to the results - must get the hots soon imo - especially after reading the recent statements from the company.

CR

[mattjos] 23/11/2009 20:21

New country director for Bahrain appointed today .. 'responsible for enhancing Scott Wilson operations in Bahrain and the rest of the GCC.'




& this positive statement from India pm on infrastructure devt in India explains their current recruitment drive in this territory:

[celeritas] 23/11/2009 14:27

Loads of highway and bridge jobs up for grabs in India but you need to be under 60.
Some of the jobs need you to be under 50.

[mattjos] 20/11/2009 15:46

thanks Dave .. a good summary of the opportunity. Would have expected the pension defecit to have narrowed since May, given the markets performance over that time (not sure how they balance their investments in the pension portfolio but would expect some equities).
There are significant numbers of jobs being advertised by Scott Wilson related to the Chinese & increasingly Indian markets & in Austrlia .... China domestic infrastructure spend not about to slow down any time soon & India infrastructure spend now moving up a gear. From recent personal experience Australia is almost collectively asking "what recession" as their economy drives ahead ... Plenty of opportunity in those territories for SWG and they seem to be capturing the business ....
I anticipate the Chindia opportunities, in reasonably short order, to offset any stagnation experienced in the UK & grow earnings.
Scott Wilson are slowly becoming a much more global player, leveraging their UK experience & reputation into the emerging markets & should achieve a re-rating as this evidence becomes apparent in the figures .. their new sectoral reporting should make it easier to tease this out & I'm sure is one of the reasons they adopted this new format

[jameslarr] 20/11/2009 14:42

Thanks davebowler. It is very useful and for those of you that want to see the original article together with the charts its here:

[wormcatcher] 20/11/2009 14:21

Thanks for that dave - quite a balanced view. I am not buying at the moment, but definately hanging on to the ones I have.

[celeritas] 19/11/2009 09:46

India on way to becoming 3rd-largest construction mkt by 2020
Tuesday November 17, 03:58 AM
By fe Bureau
In just ten years India will move from the ninth-largest construction market in the world to the third slot only below construction giants China and the US, says a new ten-year forecast from Global Construction Perspectives and Oxford Economics. According to the report, by 2020, the country s construction market will be worth almost $650 million making up 5% of the world s total construction output. Demand for both affordable and quality housing along with government investment in infrastructure will help to drive growth for construction companies operating in India. The ten-year projection indicates that emerging markets will rapidly overtake the construction output of their developed neighbours with China overtaking the US and becoming the world s largest market as early as 2018 and with a 19.1% share worth almost $2.4 trillion by 2020. The report predicts that by 2020 Nigeria, Vietnam and Turkey will be amongst those experiencing highest growth levels over the next decade along with booming markets like India and China. The construction output of the emerging markets in the Asia-Pacific region will grow by 125% over the next decade. The top ten highest growth markets by 2020 will be entirely composed of emerging markets with Poland the only European country to feature on the list. Speaking at the launch of the report Global Construction 2020 in London, Mike Betts of Global Construction Perspectives said that across the board India s construction industry will continue to grow, The construction market in India is already enjoying very healthy growth rates which will only get better over the next decade. Most importantly, the country will experience serious growth in all of the different construction sectors and will be a key market for many of the world s largest construction companies. Adrian Cooper of leading business forecasters Oxford Economics said, We have identified the key drivers and used data including population projections, long-term GDP estimates and public sector budgets to feed into our modeling to help us understand how the global construction industry is changing at a rapid rate. All of the data points to both short and long term growth in emerging markets. We predict that in just ten years time construction in these markets will be more than double in size, growing by an estimated 110% and representing 17.2% of GDP in 2020. The report predicts that today s global construction market is worth an estimated $7.5 trillion, representing 13.4% of global GDP. But by 2020, construction will be a $12.7 trillion global market, an overall growth of 70% in the next decade. Construction in 2020 will account for 14.6% of global GDP. The infrastructure construction market in emerging markets will grow by a staggering 128% over the next decade to 2020, compared with just 18% over the same period in developed countries. The largest construction market globally is residential accounting for 40% of the total global construction market by 2020 when it will be worth $5.1 trillion

[mattjos] 18/11/2009 18:32

Cel .. SWG do seem to be going well in both countries .. be v interesting to see which sectors (in their new reporting structure) is enjoying fastest growth & if either of these are already contributing to the £2m above expectations hinted at in the pre-close.