Shearwater Share Discussion Threads

[furgus ferret] 08/4/2020 07:55

Quite clear that Shearwater presents an investment opportunity even in these dark and gloomy days. Buying the recovery of the market (which will surely happen) requires artful dodging, a gambling instinct ( ie. the leisure or sports sectors) or proper analysis of sectors that are low risk and benefit from this Co-19 disaster.

Shearwater is clearly growing fast and in the right space, offering the right product(s). No debt, strong earnings, able to use its paper for acquisitions. What more could an investor look for ? Takeover prospects are the icing on the cake !! Raging buy up to 300p. Blue sky beyond.

[channel pirate] 07/4/2020 22:58

Hopefully there will not be a "next time", but thank you for that info.

At the moment I don't think H.L. would do that as they have already stated they will suspend Bed & ISA transactions themselves for the client due to the CV-19 situation, but the pi could do it themselves.

Not sure some of the "traders" at H.L. are competent with some actions as yesterday I could not get a price to 'trade' so done a "fill or kill" action at full ASK on a different share. After one hour nothing had happened. I rang them and the guy said they could not get my price at the first attempt, so tried again an half hour later and still could not get my price, so will try again later in the day. In the mean time as I had that transaction still outstanding I could Not effect another 'live' trade myself for that share as their system would not allow it. When telling the trader that, he said to cancel my "fill or kill" and I should get my money back available to trade in a couple of days. Every "fill or kill" I have done before its either bought or cancelled within a couple of minutes, and if cancelled the cash is available immediately. Obviously the guy I was talking to was temporarily standing in for the proper traders whilst this CV-19 period is in effect and was not competent to know how a "fill or kill" works.

[courant] 07/4/2020 22:12

Next time you do that, call your broker and ask them to do a "Put Through" trade (i.e. sell in one acc, buy back the same amount in the other), the spread and dealing fees combined should be cheaper than doing this as two separate trades (sometimes significantly so, especially for AIM shares on wider spreads).

[channel pirate] 07/4/2020 19:41

Thanks Guys,

luckily for me I was an overall £56-97p up even after that stupid mistake and having to pay an increased price plus all fees etc to buy them back.

[cheekyfella] 07/4/2020 19:21

Once this gets above £2.80 CP, it will motor to £3.50, you'll have forgotten your senior moment by then mate.

[husbod] 07/4/2020 18:19

Could be worse cp - you could have forgotten to buy them back at all.

[channel pirate] 07/4/2020 16:37

Well cheeky, I had a "senior moment" this afternoon, but lucky enough it didn't cost me anything overall.

Thought I would sell 434 Shearwater shares that were in profit in my "ordinary a/c" at 251.00p, and then buy them back in my ISA. Sold them o.k. at a nice profit, and when I went to buy them back in the ISA I must have pressed the sell button instead of buy button, so sold another 434 ISA shares. Never mind I thought , I will buy them back at a slight premium - but now I can't get a "buy" quote. Tried for quite a while this afternoon without luck, until just after 4pm when I managed to buy them back + 250 more (684 in total) @ 254.78p

Oh what it is to get old !!

[cheekyfella] 07/4/2020 16:19

Nice one CPLet's hope we've seen the bottom of the rout & it isn't a suckers rally.I based my stock picks on sport coming back and people betting on it and advertising spend ramping up again.

[channel pirate] 07/4/2020 10:32

Hi cheeky, TRX has just doubled for me.

[cheekyfella] 07/4/2020 10:30

added 500 this morning CP - not cheap
some good recovery plays already making money for me are WMH,CCL & ITV - expect all to double by year end and plan to reinvest here.

[channel pirate] 07/4/2020 10:24

Just tried to top-up with a buy of 800 shares and Hargreaves cannot give me a price !!

[furgus ferret] 05/4/2020 15:48

Nothing but upside here. Superb set of results and multiple new clients with SecurEnvoy responding to the enhanced security needs of clients 'working from home'.

Not may 'certs' of growth and with close to zero risk in these dire times.

Shearwater is in that category.

Raging buy !! Call it 'ramping' if you wish. Do your own research and you will see the basis for the 'ramp'!!!

[napoleon 14th] 05/4/2020 12:38

Strangely quiet thread - good progress made of late...

£3M ebitda puts an ebitda p/e of c. 17, much improved compared to previous year's ebitda loss of £1.4m. Still not cheap but if they carry on like this, SWG has to be good value and they're in the right sector under these circumstances.

NAI, DYOR, WTFDIK.

[jammytass] 02/4/2020 11:32

me never lol buy low >>>sell high

[channel pirate] 02/4/2020 11:24

Just like someone on LSE, I went to sell a small amount this morning with Hargreaves Lansdown that were in profit so I could buy them back in my ISA. I also could not get a price to sell.

Hargreaves had said a short time ago that they had suspended the "Bed and ISA" service in the current CV-19 climate, but we could do it ourselves.

[nw99] 02/4/2020 10:05

Indeed what a liar Jimmy is

[cheekyfella] 02/4/2020 09:46

jammytass LoL - wasn't that long ago you were telling everyone the company was going to the wall you Muppet.

Buy the dips my strategy here... there are bound to be a few until we are out of COVID scenario. Revised broker target of £4 achievable by year end all things being equal.

[hierarch] 02/4/2020 09:20

I think the key point that may be overlooked here is the following statement from DW:

“ Also, the current uncertainties are providing us with interesting opportunities to expand our reach at attractive valuations.”

Combined with the significantly higher cash balance of £3.0m and the fact that near enough every publicly listed cyber firm has taken a share price hit. I think we will realise some highly accretive value through a near term acquisition. It’s therefore good to know that PH refined our acquisition criteria to acquiring companies that are exclusively profitable. So any add on at this stage will come both cheap and immediately earnings enhancive.

[husbod] 02/4/2020 08:59

Think and hope jammy that they'll be taking over rather than being taken over. My target is £10.

[jammytass] 02/4/2020 08:47

this will be on the radar for a take out year end price£6.40

[mikeh30] 02/4/2020 07:58

Check out osi too. Plenty of cyber plays coming into focus now

[nw99] 02/4/2020 07:55

This was always a winner all those years back

[jammytass] 02/4/2020 07:52

cns £2m contract win and £4m in bank> right sector to be in