Shearwater Share Discussion Threads

[nw99] 16/1/2020 15:30

Although I have a large holding I am also kicking myself once that buy soaked up all the sells its now on a roll .

[husbod] 16/1/2020 15:26

Makes a change.You can never be happy in this game as I now wish I'd bought more.

[nw99] 16/1/2020 14:48

Looks like your timing was spot on

[husbod] 14/1/2020 14:33

Couldn't resist tucking away a few more as it does seem that the sells are being hoovered up.But that's it until news.

[johnv] 14/1/2020 13:01

Thanks everyone, I forgot about the directors buying.

[nw99] 14/1/2020 13:00

The upcoming presentations may well find new supporters

[husbod] 14/1/2020 12:38

Two great posts Hierarch and don't forget the RNS informing us of the various awards our products have won recently.I suspect things are bubbling under the surface and it won't be long before the steam hits the atmosphere.

[hierarch] 14/1/2020 12:23

As another indicator of confidence just look at director buying. CEO, Chairman, NED’s all pumping huge amounts in the company on a consistent basis and not on some crafty financial alchemy option/warrant terms - they are buying directly from the market. Most of the directors/senior management carry large >4% stakes in SWG and they are very clearly aligned with shareholders like us. A really inspiring British success story is brewing here, and I’m excited to be on board even at this period of infrequent updates.

[hierarch] 14/1/2020 12:10

Expect major contract wins to form the bulk of any news flow between now and then. SWG via brookcourt have a tendency to nail and focus on blue chip/large companies to generate huge returns from a low amount of contracts. These take time to establish but usually result in deals worth in excess of multiple millions with recurring earnings. It’s quite difficult for a company to migrate from SWG once they have been tendered. Alongside the supplementary cross selling of penetration testing, red teaming, MFA, DLP, cloud services and consultancy to compliment the main managed service of brookcourt, seriously lucrative opportunities become capitalised as the major contracts elapse and expand in scope from initial agreement. You will see a sudden exponential growth rate as the proof of concept of the business model inspires confidence in both consumers and investors. Albeit we are in our infancy at this point and only a few of us have identified the early opportunities we have paved out on the road ahead. Hence we will for now sustain a low share price and is why I’m more than happy to accumulate more shares every month at this attractive valuation.

Right now given the strategic growth of our industry and the premium placed on our peers e.g Kape, sophos, Avast, NCC, softcat, computacenter and GB group etc noting that all are of different scale, consumer focus and product lines. At the point we achieve maiden net profit in 2020 we will potentially be graced with this inherent industry premium further accelerating the share price ontop of our strengthening business model as outlined before.

I like to think of this as the calm before the storm (the storm will come in the next 12-18 months as a disclaimer for the more impatient among us)

H

[johnv] 14/1/2020 10:57

Hopefully some newsflow will help but no update.

[johnv] 14/1/2020 10:56

I looked back over last year's news, the final results came out end of July. There was no update during the first half of the year, so would be sitting in a share for 6 months with no update.

[nw99] 14/1/2020 10:08

Added yesterday same thing but also buyer mopping up sells

[channel pirate] 14/1/2020 10:05

Looks like we have a persistent seller of 5K's and 10k's shares gradually reducing their holding.
Had a few "shillings" available from another trade so thought I would take a few more here today (633 @ 231.8p) thinking we might hear something from the company soon !!

[northwards] 13/1/2020 09:42

The company is clear on acquisition as a growth driver as per November update below. As long as they are earnings enhancing from the get go, thats fine. But it probably does explain why the share price is holding back a bit:'Growth through acquisitions will remain an important component of the Group's strategy in augmenting organic growth. The Group will continue to evaluate selective M&A opportunities which are profitable, provide tangible synergies and fit within existing Group companies.'

[husbod] 10/1/2020 12:07

There could be something in that. The board has stated that they intend to grow the company organically and by acquisition if suitable opportunities present themselves and although I have a decent holding here and aim to take it up to 50k I am delaying the top ups in case a rights issue or placing is announced at the inevitable discount to the existing share price If it is then that might be the time to add.Alternatively I want to see some big contract wins announced.

[northwards] 10/1/2020 08:09

I'm tempted to buy in here. But as an outside observer, given the strategy to acquire by acquisition and the relatively small cash pile, surely you are looking at further fund raising? I suspect that is why the share price hasn't motored.

[nw99] 10/1/2020 06:44

Computer thank you totally with you and another who cannot understand why it's below the radar when the rest of the sector is on fire. I continue to buy any dips likewise sold out at 6p originally but bought back in below 2p. Long term hold that could turn out to be a short term winner.

[cheekyfella] 10/1/2020 06:26

It's not below the radar though is it.FTSE 100 is the ambition.Enjoy the ride.

[montynj] 09/1/2020 23:19

Thanks....so we are definitely on the same page..I'm just so surprised that it's still so below the radar

[computercoders] 09/1/2020 22:34

Montynj - you just have to look at what they're built here since this changed from an explorer (Aurum wasn't it) which is when I first started accumulating shares. I did sell the lot at around 6p (pre-consolidation price) so 600p at today's price...but then recently bought back in. Look at who's involved in the company and their past successes, the size of the group they're growing, the growing sector they're in, how each of its businesses can support and cross-sell to each other...it's a world class business and currently way too cheap. I'm comfortable buying this all the way up to 400p and will keep going until I reach my target holding as and when funds become available.

[montynj] 09/1/2020 21:14

Computercodes, I have been accumulating but it seems that you know alot about this co and its prospects..would you v kindly care to elaborate for us your reasoning please? Thanks

[nw99] 09/1/2020 21:06

I have very similar position and very much the same thinking

[computercoders] 09/1/2020 20:54

This would be undervalued at 1000p to be honest. I have over 70 grand in this average 192p and very happy with my investment. Will never sell this. I love this company.

[cheekyfella] 09/1/2020 20:41

The contract info is intact. I doubled my holding over the holiday period.

[montynj] 08/1/2020 20:28

"The sector we serve is not only growing quickly but constantly evolving and we are alert to the potential to grow our business significantly, both organically and by selective acquisitions."Above is what the Chairman said just over a month ago...