Shearwater Share Discussion Threads

[hastings] 09/12/2024 15:38

Cheers for that and appreciate others comments.I'd be surprised if there wasn't a serious offer emerge sometime in the next twelve months.In the very near term, I'd like to think there will be further contract news before Xmas or early in the New Year, given the comments regarding specific customer budgets and the timing!

[northwards] 09/12/2024 15:13

Thanks Martin. CFO on investor call also talked about share buy backs. I suspect a bid will come in the next year.

[lammylover] 09/12/2024 10:54

Yeah I'd like to see the new permanent CFO, Jonathan Hall buy some - that would be meaningful.

[elsa7878] 09/12/2024 09:31

Thanks Martin. If they think the shares are so cheap buy some!! A meaningful amount.

[chrisdgb] 09/12/2024 09:19

Brilliant thank you, looking forward to some positive traction here....

[sidam] 09/12/2024 09:09

Thank you. Makes sense

[hastings] 09/12/2024 08:40

Write up for interest, following my catch up with management last week.

[solarno lopez] 08/12/2024 11:38

What has Revolution got to do with SHWEARWATER or are you simply ramping Revolution !

[northwards] 08/12/2024 09:08

I've been building a decent chunk of Revolution Beauty. Feel the worst is behind it and lots of growth catalysts about to kick in.

[hastings] 07/12/2024 11:38

Point taken!
Been a bit tied up, hopefully up on Monday.

[deanowls] 05/12/2024 16:06

Stop reading here Hastings and get scribbling 😉

[hastings] 05/12/2024 11:59

Echo that well done Chris, nice to see.As for SWG I'd guess it'll probably go the same way.

[lammylover] 05/12/2024 11:26

Well done for holding Brand Architekts, Chris - A shrewd acquisition for W7L in my view. Bound to be synergy savings, cost base was holding back BA's share price.

Hopefully someone will come in for SWG eventually!

[chrisdgb] 05/12/2024 10:52

100% premium takeover for one of my other holdings, just shows the scope of undervaluation in some stocks and SWG is a prime example.......

[chrisdgb] 02/12/2024 12:03

Perfect, sounds good...!

[hastings] 02/12/2024 11:39

Good catch up with management last Friday and I'll try and get a write up out later in the week.
Suffice to say, the Government contracts are a mix of their own software product alongside a reseller element.

They also confirmed given the current paltry valuation there has been some knocking on the door. Obviously limited in what they could say on this front, but it would appear to me that these have been early opportunistic approaches that haven't warranted further consideration.
I will however, hopefully expand on this along with other aspects of the business in the piece when I post.

[insideit] 28/11/2024 18:46

If Brookcourt is still the main value in the group it needs to grow to increase top line and bottom line.

[insideit] 28/11/2024 18:44

The software being provided to the Government contracts are just being resold, it is not clear if SWG is actually the software vendor in these deals.

[northwards] 27/11/2024 16:48

I was impressed with the new FD. The CEO, less so.

[elsa7878] 27/11/2024 15:44

I agree the tone was a lot more confident.
Smallish holding.
Shareholder destruction here is something else.
£60 million of acquisitions, £8 million market cap, £3.3 million in cash.
Companies they paid £60 million for are therefore worth £5 million!
Must be some value somewhere......
I knew the FD when they listed. Idea was to build a £billion cyber security business. Amazing what you can achieve when you have the wrong guy in charge. (not the FD!).

[lammylover] 27/11/2024 14:32

I asked a question about the costs associated with an AIM listing and whether the business would be better off being taken private.

Question didn't get picked up, so have asked a more detailed question on the feedback questionnaire.

Basically asking if business is too niche / small to ever grow significantly and perhaps should be sold to a bigger group to deliver value for shareholders (including Phil!)

[igoe104] 27/11/2024 14:20

Interesting comments about entertaining the USA. Hopefully if they make themselves a nuisance, Microsoft will have to gobble them up at a nice premium...

[bdbd11] 27/11/2024 14:19

Great presentation. Worth a listen if you missed it. I've listen to them for the last few years and they always talk a good game, however this time there seems to be a lot more meat on the bone. IF they can deliver what they envisage we are looking at significant growth in share price given the current derisory valuation. I was already over weight here (and obviously under water) but did have a tiny top up of 2500 at 34p mid meeting. Good luck all.

[northwards] 27/11/2024 14:11

Closing remarks ... 'an exciting H2...'

[northwards] 27/11/2024 14:04

£300k tax rebate hit in early November.