Shearwater Share Discussion Threads

[nw99] 21/3/2019 11:58

Won't need any will come from profits

[chester vase] 21/3/2019 11:34

Thanks for the reply 2LB .. my main concern is how they'll raise any cash in future existing shareholders are unlikely to be interested !

[cheekyfella] 21/3/2019 11:26

fingers crossed
it's getting marked down again today in pitifull volume

[nw99] 21/3/2019 06:32

Directors bought a lot of shares much higher up. Will take time but this will be a winner .

[cheekyfella] 20/3/2019 21:24

that's some conspiracy theory you've come with there jammytass
personally, I think Mo Stevens is a busted flush as a CEO - my understanding is he is in full on panic mode micromanaging each business without adding any value himself - he will fall on his sword or be fired in the short to mid term -
I expect Phil Higgins will take the reins and I also expect all the business units to be consolidated into one operational unit - makes far more sense and will also cut down on operating costs.
The drive has to be for profitability.
As 2LB says - the market is there for sure - ransonware attacks ago-go right now.
It would be good if a further placing could be avoided though I think consolidation is inevitable. If these were paper shares, there would be enough to put them end to end and reach the moon and back.
Good luck everyone.
Live generously and keep the peace.

[jammytass] 20/3/2019 16:09

what about this
brookcourt was paid at least 50 percent to much by the bod now the bod are letting the share price go into freefall it could open the door for inside friends to make a bid for the group at very little money and a 70 percent discount to the price they paid for brookcourt is this a full time scam ? legal action awaits

[watcher13] 19/3/2019 20:46

Interesting mix of posts over the last few days. FWIW I think it's important to remind ourselves as shareholders to be patient. If we believe that DW and his exec team can build a solid profitable business then the short term share price performance is irrelevant. If you take a macro view of the cyber security market, the pressure on public and private enterprises to protect themselves and the positioning of SWG to sell into that demand then the future looks good but I guess we may not achieve that quickly enough for some. From my perspective, (1.2 million shares) I don't need to sell, I may add and I'll post again in 12months time and see where we are. GLA

[jammytass] 19/3/2019 19:01

the bod are in touch with there brokers to re assure the market that all is well the market capis are at such a low level that it only accounts for brookcourt and nothing for other investments


put up or get out for the bod

EgM ON THE CARDS

[chester vase] 19/3/2019 18:20

I bought into this company when they were Aurum mining Jan '17, and a few times since. The BoD seemed to have impressive CV's (they looked to good to be true...!!!). On the two 'cash call' occasions I increased my allocation and subsequently own 550k shares. I am currently nursing a paper loss in excess of 15k. Having become completely disillusioned with this BoD I decided to bail out and take it on the chin, I would imagine very few people will want to invest further in what has become a dubious enterprise, so growth by acquisition looks tricky. Unfortunately The MM's limited my sell request to 50000 so it looks like I may be here to the bitter end. I have to say 2lb you have called it pretty accurately all the way through, just wish I'd paid attention. I feel like I've had my pants pulled down.. can you give me any reassurance. Incidentally I agree with you about the 'distressed seller' cobblers !!!

[jammytass] 19/3/2019 17:33

WELL WELL WELL JUST HEARD RNS ON WAY

[2lb] 19/3/2019 12:18

I don't believe that the expected move to profitability on the back of Brookcourt inflated acquisition is going to come at the required speed.


The central overheads are very high (BoD salaries etc) and there is clearly no evidence (to date) of synergy benefits acorss the entities.

I also never buy into the "distressed seller" line - that's pure BS - the volumes haven't been there in any way shape or form to reflect any form of distressed seller and the drop would have been a lot sharper. The problem is that there has been a steady flow of bored and frustrated sellers and no buying interest at all because of the lack of updates and tangible progress.


To push and or further acquire is going to need another material raise, likely sub 2p, on top of an already eyewatering amount of shares in the market. Consolidation is inevitable.

[butler4] 19/3/2019 10:19

Wow! A slight positive move - I bought these at 5.35p - and they've just gone downhill

[jammytass] 18/3/2019 19:42

a fresh update to the market would help all longterm holders

[channel pirate] 18/3/2019 19:38

I have spoken with the Company not too long ago. Whilst obviously they could not tell me any specifics, then they are comfortable with their trading and not panicking.

It was also said that they have no control over a Nominee company who are a "distressed" seller.

That was it Guys, nothing else said.

[jammytass] 18/3/2019 18:18

not one reply from many longterm shareholder emails. by this group they all want to know whats going on there so called break even or profit looks very iffy there brookcourt looks like to be very bad investment major losses and loss of major contracts on the cards?

[fillipe] 05/3/2019 10:02

Thanks c p. for that info.

f

[channel pirate] 01/3/2019 20:25

Hi Guys,

I see the Companies Web-Page detailing the holdings of "Significant Shareholders" has been updated today. Looks like there has been 3 holdings out of the 10 shown, that have moved since 13th December 2018 :-

Directors - Plus 5,000,000.....new total 385,666,122

Killik & Co - Minus 921,621.....new total 129,109,205

Vidacos Nominees - Minus 10,350,000.....new total 71,994,899

The other 7 "Significant Shareholders" have remained the same as they were on 13th December 2018


In my view, not too bad after all, as a Nominee Account would always be more volatile in times like we have been experiencing of late (as is showing above)

[jammytass] 19/2/2019 07:27

Wtf going on bod stitching up long term holders large pay packages for the boys and no return for shareholders it’s a insiders club
No major new contracts for any of there investments

EGM a must
Bod should have performance related pay no results no pay watch them leave

[nw99] 13/2/2019 08:28

Got my buys in early

[jammytass] 12/2/2019 15:43

looks like any money ever maid in profit will be used to pay the bod very large pay packets the work force work hard just to pay the bod iffy at best