Shearwater Share Discussion Threads

[jh59] 22/10/2020 08:05

A positive update. Despite the drop in revenue, Shearwater continues its March towards profitability! I wonder how easy it will be to buy today?

[igoe104] 22/10/2020 07:42

Yes a big improvement in margins, bodes well for H2 as them deffered contracts kick in. Manangent have done a good job.we should see a even bigger improvement in H2.

[northwards] 22/10/2020 07:15

Well, I'm pleased with that update. Would expect blue today.

[northwards] 21/10/2020 16:47

Couple of big after hours trades. They appear sells but you never know.

[jh59] 21/10/2020 16:33

ChannelP, I sent an email to their pr company requesting any information that they might have.

[channel pirate] 21/10/2020 11:59

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 !!

[jh59] 21/10/2020 11:33

If you go on to the Shearwater website you’ll see that they now have a pr department. Maybe they could help you? An update is due, maybe they could say when?

[washbear] 21/10/2020 10:55

Yes BOD significant holding is a reason to be cheerful ! It would be nice to get some meat on the bones of what they are doing where ? There must be people here who are employees who can give us a morsel or two of news ! I mean we all hide behind pseudonyms!

[northwards] 21/10/2020 10:38

We had a half year trading update on 24 October last year. So some clarity on the 1st half should be imminent. Any reassurance should be seen as positive by the market.

[jh59] 21/10/2020 10:26

Hi Washbear, I’m no expert, but it seems to me that the mms are probably holding a lot of shares from the recent big seller. That could affect the share price what gives me confidence in Shearwater is the share holding of the bod, which is around 27%. These guys believe in this company and are not afraid to put their money where their mouths are. They must be sitting on significant losses. Sentiment can be a crucial element in share price there are plenty of overpriced companies. Shearwater is definitely underpriced.

[channel pirate] 21/10/2020 10:09

The potential for Shearwater to grow is out there if they look for it :- Today 21-10-2020: In equity markets, cybersecurity provider Avast gained after it reaffirmed its full-year guidance and posted a rise in third-quarter earnings and revenue.

[washbear] 21/10/2020 09:47

Morning JH...of course your comments apply to all shares. But other computer security stocks like NCC are on the up. CNC hold their own. So SWG is right sector at the right time but share price struggling.Please outline reasons to be cheerful?

[jh59] 20/10/2020 13:55

I’m probably one of the rampers that’s you’re referring to Rockstar. The market is certainly hard work at the moment for obvious reasons. I just hope that the forthcoming trade update is not negative, or requiring further share dilution. I have no intention of selling, I may even add to my holding,If, as I hope, we get a last minute trade with the EU, we should see a significant rise across the board

[northwards] 20/10/2020 13:32

After hours trades again ?

[rockstar10] 19/10/2020 16:32

I am not sure the half year update will be that inspiring. Flat at best I expect. What is noticeable is that the price rampers have been absent for some time now. Maybe they are the ones who have been selling. Market still hard work right now.

[igoe104] 19/10/2020 15:38

I've added a few today, hopefully results should show - that things aren't as they look, chart wise ..

[northwards] 19/10/2020 08:31

Let's see if we get a trading update for the first 6 months in the next week or two. I think it's likely.

[washbear] 16/10/2020 10:40

I m hanging in for the Trading update later this October. And if it appears this outfit cant "get it up.".I ll consider realising my loss...What is wrong with British Tech ?@

[watcher13] 16/10/2020 09:56

Well this is another disspiriting day - share price now 35% down on the placing price of May 2020 - that's £19m wiped off the value of the business during a period when most businesses were recovering lost ground. There is something going on here I can't figure out - the public utterances (rare as they are) are marginally positive but the downward pressure is constant - do we have a large shareholder slowly exiting? Are some in the market aware of potential dilution? Have we lost contracts? Do we have outstanding legal wrangles with one of the former owners of an acquired company? It's about time the Company opened up a bit so we as shareholders are not left in the dark.

[washbear] 15/10/2020 09:05

Morning..Could someone point out the overlaps SWG has or has not with NCC please ?.

[northwards] 08/10/2020 09:50

Very true. A lot of false dawns here, but hints that things could be on the turn. Plus TU due soon.

[watcher13] 06/10/2020 15:15

Looks like snakes and ladders today - 3 small steps up, 1 big slide down :-)

[northwards] 05/10/2020 14:19

A reassuring half year trading update would be welcome to say we're on track.

[watcher13] 05/10/2020 10:31

1 year low 157.5 September 2019, 3 year low 137.5 March 2019. Wonder where we are heading? Share price never dropped below £2 between October 2016 and March 2019 - effectively 4 years of declining shareholder value. On the subject of an update - have they got anything to say? - if it's a material contract or an acquisition it would have to be announced straightaway.