Shearwater Investors - SWG

Shearwater Investors - SWG

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Shearwater Group Plc SWG London Ordinary Share GB00BKT6VH21 ORD 10P
  Price Change Price Change % Stock Price Last Trade
-1.50 -0.97% 153.50 08:00:00
Open Price Low Price High Price Close Price Previous Close
153.50 153.50 153.50 155.00
more quote information »
Industry Sector

Top Investor Posts

sphere25: Thank you Husbod. Hand has been forced here by those large exchanges to take a position. It's one of those illiquid ones that can run away easily. Not come across this one prior but added it on a watchlist in light of bullish recent news and just how far it had been beaten down so a possible recovery contender. Sentiment is clearly hammered here with the market cap down to £39m. Of what I can glean in terms of a higher level view is that pre-covid forecasts were for for £49.9m sales and a £1.5m profit though they did £33m in sales with a loss of £1.3m last year. That resulted in EBITDA of £3.4m. The operating cash flow pre working capital of £2.7m suggests some cause for optimism. The previously mentioned delays and bigger sellers have clearly clobbered the price but the interesting thing is how buyers in size have now come in on the back of recent news. That MIGHT be the first indicator of a bullish turn here as sellers finally meet their match. The recent update suggests the whole picture has turned with the delays having unwould and "bouoyant" trading in October, November and continuing into December. This company appears to be in a sweet spot and recent news suggest a turning point. The past is the past. The big question naturally is whether investors see a turning point now and whether sentiment is hammered enough here to allow a bottom to have been put in? The standout buying today suggests it might have. It's clearly not a home run but if they keep what appears to be rather bullish trading momentum going with more contracts announced too, perhaps this is reasonable speculative play with significant upside potential to what appears to be a really beaten down and unloved market capitalisation. There have been quite alot of these types of unloved shares recently and nearly all have moved well in this market so perhaps it will feed through here too. If you look around the market too, you'd say this was actually rather cheap in the current climate. Market is quite bonkers in some areas atm though. That's my two pennies worth. Let's see if there are any more interesting exchanges and how the next updates pan out. Speculative higher risk play. All imo DYOR
jh59: Igoe 24. Congratulations on your holdings, I have no worries about the long term performance of SWG. I suppose it depends on what comes out in the wash on Wednesday, as to where the share price goes to. I think the presentation is a great idea, as it should give investors a better understanding of the bod’s future expectations , and hopefully addresses any worries that individual investors may have.
igoe104: Jh59 - Two have my other holdings VLX, MWE, have recently had the same presentation and the S/P has done extremely well since. Hopefully SWG will interest some new investors.
channel pirate: Used to email "investor relations" (Tony Morrison) but he stopped replying to my emails some time ago. Might be he is no longer there ??
watcher13: Like many I invested in SWG as a long term hold, back in the Aurum days when DW took the chair and they switched direction. The problem I have with SWG at present is that they no longer look like a long term secure business, and (as Rockstar pointed out) they may have been hit harder by the current market conditions than they are letting on. The board need to work much harder to reassure long term investors that there really is a future for this business, or the drip selling will drag this down even further.
jh59: I agree Washbear, hard decisions may have to be made. I can’t pretend not to be disappointed by the slide in the SP, and now I am suffering a significant paper loss. To mitigate this, I have averaged down to below 2, and will continue adding right down to the bottom. Reckless you might say, but I’m not a short term investor, that investment can stay there for at least 5 years. For me, the old adage rings true; buy when everyone is selling, and sell when everyone is buying! GLA
channel pirate: jh59, I talked to a guy in Investor Relations and he would not tell me anything - I learn more about what the company is doing from on this board !!
channel pirate: Reading in the Sunday newspaper, then they are saying Cyber Security is the growth sector to be invested in, but unfortunately it has not yet been translated into any good financial returns area. How Very True for Shearwater !! Wonder how all the investors that were invited to participate in the last Placing at 240p are now feeling. For once, then I am pleased us small pi's were not on the invitation list. Not only that, but I have a "gut feeling", with Shearwater anyway, that we may get the opportunity to buy a little cheaper than we are currently at.
watcher13: Confidence in SWG is pretty low and although volumes are fairly small I suspect that there are both private investors and third parties who received shares from prior acquisitions now exiting. This could go lower but with a market cap now less than £40m it’s getting into attractive territory subject to 2 caveats - 1) management being straight with the market on the updates and I think the chairman would make sure of that and 2) at these prices no imminent large issue of discounted shares to fund a deal
jh59: Good to see that the bod recognise the importance of good communications with their shareholders, and have a dedicated PR operation. This RNS should style a few nerves, and hopefully increase interest from new investors.
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