Shearwater Share Discussion Threads

[mikeh30] 02/4/2020 07:51

My price target pre-covid was back up to the 600p area. Nothing has changed

[jammytass] 02/4/2020 07:51

growing fast 10m profit next year>?

[mfhmfh] 02/4/2020 07:48

EBITDA £3m, was £1m at half year.

Cash balance of £3m, was £1.7m at half year.

Company growing in current coronavirus environment.

[nw99] 02/4/2020 07:37

Impressive

[jammytass] 02/4/2020 07:19

Pre-close statement



Shearwater Group plc (AIM: SWG, "Shearwater", "the "Group"), the organisational resilience group, provides the following update for the financial year ended 31 March 2020.



Reported unaudited underlying EBITDA1 is expected to be in excess of £3 million compared to a loss of £1.4 million in the prior financial year, with the Group posting its fourth consecutive quarter of profitable growth. Good cash generation in the period has resulted in an unaudited cash balance of £3.0 million as at 31 March 2020.

[channel pirate] 31/3/2020 17:26

Big Sell today !!

10:30:22 31-Mar-2020 205.00 GBX 105,620 £216,521.00

Looks like the "Bid / Ask" at the time was 204p / 214p

[cheekyfella] 31/3/2020 17:01

Husbod - babycheeky is now 10 years old!! Time flies.

Share price rising in response to increased demand for SWGs services. SecurEnvoy are absolutely creaming it at the moment. If there is one out from this crisis, it's that a significant number of companies are seeing the benefit of homeworking and this means they will need to tighten up remote network access etc etc.

[nw99] 31/3/2020 13:52

Very much so

[channel pirate] 31/3/2020 13:36

Berenberg lowers target price on Shearwater despite 'reassuring trading update'

Maybe Berenberg should put out advisories of lowering the target price here more often if it has the effect of making the share price shoot up !!

[husbod] 31/3/2020 11:48

Greetings cheeky and trust you are well. Babycheeky too who presumably is home from school and trying your patience.

[mfhmfh] 31/3/2020 11:15

positive update from KAPE - hopefully reflects well on SWG.

[cheekyfella] 31/3/2020 10:17

More contract news in April x3

[husbod] 30/3/2020 18:22

Probably lowering their targets on most shares. Still a 100% increase from where we are atm.

[channel pirate] 30/3/2020 13:53

Today 30th March 2020.


Berenberg lowers target price on Shearwater despite 'reassuring trading update'

(Sharecast News) - Analysts at Berenberg lowered their target price on software provider Shearwater Group from 500.0p to 400.0p on Monday despite the firm's "reassuring trading update" from last week.

[mikeh30] 27/3/2020 07:53

Much more to come

[jammytass] 27/3/2020 07:51

nice rns much more to come

[cheekyfella] 25/3/2020 08:22

Timed Monday's buy very well hopefully.Great RNS

[tole] 25/3/2020 08:13

I've picked up a few from the off.

[nw99] 25/3/2020 07:41

Excellent RNS

[blueflame] 25/3/2020 07:39

Reassuring statement here with new contracts signed. Should be a blue day.

[cheekyfella] 24/3/2020 20:23

Added a modest amount yesterday.

[hierarch] 24/3/2020 18:59

Oh well, looks like it was Kilik and Co increasing their position.

[hierarch] 20/3/2020 11:19

300k buy. Wonder if PH and DW are putting their hands in their wallets again.