Shearwater Share Discussion Threads

[northwards] 20/5/2020 22:03

16x last years earnings. A growth stock in a growth sector. Valuation now looks attractive.

[husbod] 20/5/2020 21:44

Fair value is a difficult concept with a growth stock in a massively developing tech sector. Actual current value is not what you're buying. Time will tell but I'm looking forward, literally, to the details of the acquisitions and I'm confident they won't buy simply for the sake of buying.

[2lb] 20/5/2020 20:57

It's just trending towards fair value - not eactly rocket science despite all the rallying and ramping from the core cheerleaders on here who simply won't entertain an opposing view and prefer to shout any such opinions down.

STILL £52m MCAP.

[tole] 20/5/2020 17:39

My thoughts as well. Still holding mine from under £2 but might well add a few more here. Would like to see that small gap filled on the chart whilst we are here too.

[northwards] 20/5/2020 15:41

I think we've had an overhang and it feels like it's cleared/close to clearing.

[furgus ferret] 20/5/2020 13:29

Clearly a major problem here. Why would two sellers despatch 200K of shares at all costs now, and in desperation, when they could have sold at 285p four weeks back ? Someone knows something but we do not !!

Very unlikely that we will get an RNS given the 'holdings declaration' rules of 3% X primary and 1% incremental thresholds

[northwards] 20/5/2020 13:23

I've had a nibble.

[husbod] 20/5/2020 13:02

Some big sells just gone through. Wonder if we'll get an RNS for a change of holding so we can identify the seller.Still have faith in the company and it's directors but definitely topped up prematurely.Will sit back and await developments as per channel pilot although if we hit £2 the temptation might be overwhelming.

[t0pgrader] 20/5/2020 12:45

Have been watching SWG for several months but the chart and narrative just look dull whilst Kape continues to deliver (>200%). Is there a specific reason to buy now?

[channel pirate] 20/5/2020 10:59

Looks to be a good price to add more today - but how many times have I said that already - going to "sit on the fence" again now.

[furgus ferret] 20/5/2020 10:10

And down she goes again. This selling is a signal for something but quite what is hard to gauge. At the onset of Covid-19 the cyber sector, and Shearwater specifically, was signalled as one to benefit from 'home working'. Clearly a lot os shareholders don't believe this, are frustrated by the very poor comms from the Board and the surprise Placing.

Nothing much good here right now.

[cheekyfella] 19/5/2020 20:27

Understand SWG are circling two companies, company also driving significant value out of services as data breaches continue to dominate the news.Big spread on the stock, needs to tighten up and see a bit more liquidity.The squeeze to the upside when it comes will be quite rapid imoI'm not a buyer as I have my target quantity & am happy with that.

[husbod] 15/5/2020 10:35

Wouldn't it be nice if that 10281 sell was the last tranche of our seller's holding.

[furgus ferret] 15/5/2020 08:32

And the relentless selling continues ....... What the f--- is going on. We are almost back to pre-Covid share price numbers.

[channel pirate] 14/5/2020 17:02

It's ironic that the last trade of 232.44p, after which the share price dropped to 225p to sell, looks to have been a BUY. I say this as earlier today I bought a small amount at 232.50p

[channel pirate] 14/5/2020 14:57

Thanks for the mention jh59, but I am no expert, no trader, just like yourself I'm more of a buy and hold investor who liked what I managed to find out about this company so thought I would take a position here and see where it takes me.

[jh59] 14/5/2020 14:31

I’ve been a holder of an increasing number of these shares since they were tipped by the Telegraph shortly after the name change.
I’m not an experienced investor and usually stick to safer bets, however, looking at Shearwater, I was impressed by the number of shares held by the BOD, and the record of a number of the directors in their roles at turning Breedon aggregates around.
This inclined me to consider that they were trying to build something impressive, in an exciting sector.

I bought in at around 6p but have averaged down to below £2.00 now. I have seen all the negativity on this thread, notably from Jammytass, but a few others recently.

I have never considered ridding myself of these shares, as I still consider this an outstanding medium to long term investment, and am very grateful to some of the other investors on this bb, hierarch, husbod, nw99, cheeky, and channelpirate spring to mind, for your intelligent insights that have been a constant source of well founded optimism.

[furgus ferret] 14/5/2020 12:38

There is clearly a problem here. A persistent seller and in size who was not around when the share price was in the 280s before the placing and has been around ever since. Relentless downward pressure and no sign of completion. Also, as ever, no news of substance and nothing to counter the negativity.

I am afraid we are the victims of past mistakes. Acquisitions at too higher a price, forced acquisitions to avoid court proceedings, poor appointments at the very highest levels. Hate to think what they are going to buy next and what they will pay for it.

No visibility of Directors at Investor Events or Forums either. Right sector, right time, poor management Grrrr.

[husbod] 13/5/2020 19:14

Any ideas who this consistent seller is anyone?Obviously not one of the new holders but it's annoying to put it mildly.Wonder how advanced they are with the acquisition or acquisitions.Questions questions.

[channel pirate] 13/5/2020 14:44

Was just going to add a few more and got offered them for 236.70p. Thought I had better see what price they would offer me to sell then (only 400 shares) and would not give me a 'live' price. Didn't buy or sell and decided to sit on the fence !!

[nightswatch] 08/5/2020 10:52

This is the PE firm that has taken over UK Fast post the departure of L Jones.

[nw99] 08/5/2020 10:47

As a result of the placing I presume ?

[2lb] 08/5/2020 09:59

FYIInflexion Private Equity now owns 14% of SWG.

[channel pirate] 07/5/2020 19:26

I have been adding in dribs and drabs rather than making one bigger purchase and paying too much.

G.L.A.