Shearwater Share Discussion Threads

[channel pirate] 14/4/2021 22:43

Let's hope the forthcoming Trading Update states they have been making some decent profit, the order book is increasing, and it lifts the share price.

It's a year ago now since the company done the placing @ 240p, the placing that us 'little' shareholders were not invited to participate in (thankfully), and since then the share price has fallen over a £1, a drop of approximately 55.83% based on the closing price tonight.

My guess is that if we don't get a decent T/U, then we might see several 'jumping ship' for pastures new !! G.L.A.

[pinemartin9] 13/4/2021 16:56

Hope so - looks to have consolidated for a while here now

[northwards] 13/4/2021 14:55

I've had a small nibble - have a feeling we're oversold now.

[earwacks] 13/4/2021 14:03

End of April Boadicea. I emailed them couple of weeks ago. Not much to tell me other than they are working hard. I should coco. A lot of suff on their website about causes and charities they support which is very noble. So they must be making some money even if they are giving it away

[boadicea] 12/4/2021 21:03

Aren't we due a trading update in early or mid April?

[channel pirate] 09/4/2021 22:24

Thaiger - I think you may find that there was 5 'buys' and one 'sell' today as when I done a dummy BUY this morning I was offered 134.8p and this afternoon I was offered 134.1067p

[deanowls] 09/4/2021 19:19

Who bought them?

[thaiger] 09/4/2021 18:25

All trades today were sales, yet share's up 1p!

[chrisdgb] 22/3/2021 09:09

Sellers in town today..........

[northwards] 17/3/2021 08:09

Should be a year end trading update soon I'd imagine.

[earwacks] 14/3/2021 11:36

There are several reasons for the poor performance. 1 they possibly overpaid for acquisitions in the first place. They sensibly took advantage of a ridiculous spike to nearly £3, which made the placing at 2.40 look a bargain, but the reality was it was way over priced for the business they were doing. This was followed by delayed contracts and a bit of confusion about what the placing was actually for. Then delayed results, something many companies were suffering from due to difficulties that the pandemic caused with lockdown. I still believe this is a quality company with a bright future but agree value can only be built on actual business results rather than speculation of potential.With the amount the directors have personally invested one hopes they are going to be able to back up their own confidence soon

[igoe104] 13/3/2021 15:54

My other cyber security company kape are doing well, we need some positive news flow to kick start some life.

[earwacks] 13/3/2021 15:30

Totally agree Boadicea. There are not many shares in play. AS DW said in an exchange of emails earlier the share price moves in an exaggerated way because of this. Spreadex seem to have offloaded their 1 million position without trouble after only holding for a few weeks. Not sure why they were even here. Update not expected till late April, but they are holding some kind of customer presentation I think soon. A lot of warnings from Microsoft and others about company hackers and ransomware. They should be benefiting from this.

[boadicea] 12/3/2021 13:29

Not much market action in these, but what there is looks interesting. Sells are in the majority but the price holds pretty steady within a limited range. The buys are few but generally larger.
I would guess that the mm's have a buyer and are accumulating for him. Gentle undulation of the price gradually coaxes out bored holders.

[sphere25] 09/3/2021 16:13

Interesting listen on SWG combined with a discussion on mistakes from 40 minutes - lasts about about 8 minutes.

Mistakes happen, but completely agree on having a clear strategy. Never get attached to any share as emotions are the enemy.

This is my worst performer, down 13%. It's only a small speculative position but still very poor, particularly in light of the fireworks out there. Given this one more leeway than shorter term trades and definitely no averaging down here.

It's a high risk one that either delivers or it gets cut with a loss taken. If that is the case, I'll just go slap myself with a fish and then get on with it.

The shorter term trades are usually cut straight away if they break a support level - no messing about, no emotion. Love those little losses, gobble them up, eat them all day long! Sounds odd but that should be the approach imo. Once we get attached to something, that's when we can be at our most vulnerable.

Markets are all psychology. Control your mind and you will fare better. I'm sure we can all write pages and pages on this stuff but won't bore folk.

Conkers3 sounds quite emotional about this one, but everybody makes mistakes. Who doesn't make mistakes?

It happens, cut them, express the emotion if need be, take the learning's and then pick yourself up and start the march forward again. It's all about how we react to the bad/testing times.

All imo
DYOR

[thewheeliedealer] 02/3/2021 21:35

Hi everyone,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast last week and part of our discussion includes SWG and where it went a bit wrong for C3. As always we also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management.

This one covers our thoughts on where the Markets are now and what we think is most likely going to confront us in coming months and what our strategies are. Specific topics in this one include the impact of Storytelling on our Brains and it also has a chunk on reasons for Retirement and we have found lots of Listeners seemed to like that.

Anyway, if you use Youtube, Apple, Audioboom, Overcast, Google+ or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 43) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, with the intent being that it is like you are eavesdropping on us having a chat down the pub (we can dream !!).

Cheers, WD
@wheeliedealer

[boadicea] 26/2/2021 12:05

Given the modest volumes it's relatively easy for anyone (and not only mm's) to spook the market by threatenibg to breach the upper or lower limits of the recent (~three month) trading range of ~135~160p. With an average holding cost within this range I am not in the mood to be spooked.

It's a sensible sector to be invested in atm (imho). With Schroders increasing recently, assurance that some contract delays were temporary, new contracts being added - not to mention seeing several respected contributors on this bb holding - my inclination is to add on the dips. We now have a double bottom on the chart showing an ability to bounce back so I suspect the worst may be over.

It appears cheap relative to some of its peers and I am looking forward to the next update.
Perhaps the slight risk of a discounted placing is a restraining factor.

[husbod] 25/2/2021 17:24

Large rise on small volume (40,584 shares traded). Back down tomorrow or something happening in the background?
Either way it has temporarily reduced my substantial losses here so fingers crossed.

[igoe104] 25/2/2021 16:02

Peter Higgins (conkers 3)sold up a few days back, maybe he was the jinx that was holding the share price back ?

[sphere25] 25/2/2021 15:56

Something wrong with this? Price up nearly 7% at 146.5p

Is it broken? It has actually stopped falling. Who would have thought that could be possible.

Looks like the Schroders bid in the market has put a floor near support levels, cleared out sellers and abit of buying is causing a bounce so back into the range.

Still, not adding. Only down 10.5% now - hip hip!

Who would have thought buying a cybersecurity company in a world where a CYBERSECURITY COMPANY should be doing well and at least attracting some form of higher valuation. Complete garbage is going nuts out there.

Update to follow soon on the back of this buying?

I think we need one.

All imo
DYOR

[sphere25] 22/2/2021 15:41

Lammylover,

SWG is in Tier1. It was already "closing only".

Some actual news here.

Schroders nibbled a few more going from 11.929% to 12.034%

Let's see how the next update reads. It sounds like the email to earwacks was positive.

Not adding here. Highest risk holding.

All imo
DYOR

[masurenguy] 22/2/2021 15:33

Added a few more this morning !

[earwacks] 22/2/2021 15:27

Schroders must be top dog after small top up on Friday, over 12% now. They know when they are onto a good thing

[lammylover] 22/2/2021 07:44

Good post northwards.
I have briefly reviewed the long IG list of AIM stocks that they are increasing the margin on, and couldn't see SWG.
I'll trawl through again later to double check as it was massive.
Agree, there may be bargains out there from distressed sellers

[northwards] 21/2/2021 23:36

I wonder if we are the victim of IG index's new margin increases. If you can't put up new margin demands your position is closed. A tonne of stocks are being affected and could be a bumpy ride in the coming days / equally some good buying opportunities as we see forced sellers.