Shearwater Share Discussion Threads

[livewireplus] 13/4/2022 07:48

.... good luck on trying to get them at 125p ....

[hybrasil] 13/4/2022 07:43

£1.25 offerred. I think I’ll buy some more

[its the oxman] 13/4/2022 07:40

Bit of a game changer perhaps. Bodes, well for more contract wins. Increases confidence re significant upside now.

[northwards] 13/4/2022 07:23

To put this win into context. It's potential value is equivalent to our current market cap.

[solarno lopez] 13/4/2022 07:21

This news is game changing for all concerned

[northwards] 13/4/2022 07:17

Agree. And the shares are very tightly held so we could see a very strong move north now.

[rivaldo] 13/4/2022 07:15

Fantastic stuff - the re-rate from here could be pretty significant.

Over £4m additional revenues per annum for likely the next 5 years - the market loves this kind of forward visibility:

[igoe104] 13/4/2022 07:15

Massive contract for a small company...

[northwards] 13/4/2022 07:09

Now that really is a material contract win.

[weatherman] 13/4/2022 07:08

Great new big contract this morning should restore confidence - trading statement later this month.

[hybrasil] 13/4/2022 07:08

What brilliant news £2 here we come

[earwacks] 11/4/2022 13:18

Anything is possible. Shortage of auditors due to COVID is the favourite or waiting for that game changing contract to plop on the desk. They did say EBITDA would be the same as last year just before Christmas ( possibly on lower rev) IGP had a poor second half recently so not going to hold my breath. Many commentators still saying Cybersecurity is the best tech investment , especially on SWG's PE. Could be another couple of years before we see real value beginning to emerge here I suspect.

[rivaldo] 08/4/2022 15:23

Last year's year end update was 22nd April, the year before on 2nd April (presumably early to do with the placing later that month), so this year's update could come any time soon.

[chrisdgb] 05/4/2022 16:03

Should be a great place to be.........

[northwards] 01/4/2022 09:44

We should get a trading update later this month. Could be a catalyst for a move north.

[earwacks] 29/3/2022 18:28

Which comic do you read Lightening Rod? 'Placing at £4.00 2 years ago.' I presume you mean the one at £2.40 in which both Higgins and Williams bought a lot of shares. Thy have also maxed out their families ISAs and made substantial purchases around the £1.00 area. I dont know why the market has turned so negative on cybersecurity. EBITDA should be similar to last year when the share price hit £2.20 . Both Boris and Biden have been urging companies to bolster their internet security which is supposed to be a multi billion industry. Both SWG and IGP offer very specific services to high quality companies. They both have a very low share count and have seen their PE ratios drop by a half. Companies are not in the habit of releasing RNS just to boost share prices. They have financial calendars they tend to stick to. What happens with investors in-between results is not under their control. I'm sure its been another difficult year with the pandemic and war.

As the chair of SUS commented this morning on their results :
' In times scarred by the global pandemic, looming environmental disaster and now a war in Ukraine, anyone claiming to see the future with any certainty risks appearing a charlatan or a fool.
Hence, without possessing any supernatural powers of foresight, I am at least pleased to see that my prediction last year of "a return to S&U's habitual levels of success" in 2021 has indeed now come to pass…

[chrisdgb] 24/3/2022 08:29

Indeed, a fascinating area, still great scope here....

[pinemartin9] 24/3/2022 07:06

Another contract win today!

[tole] 23/3/2022 19:20

https://masterinvestor.co.uk/equities/taking-a-bullish-small-cap-look-at-kape-mpe-elix-and-swg/Shearwater Group (LON:SWG) – new contract brings about the setting of a new Target PriceIn a few weeks we should be getting a Post Close Trading Update from this cybersecurity, advisory and managed security services.Late last week the group reported a significant $4.1m contract win from an existing financial services customer requiring a new zero-day attack prevention system.Analyst Simon Strong at Cenkos Securities is estimating that the current year, ending 31 March, will show £34.0m revenues (£31.8m) and a fractional loss of just £0.3m (£nil). After tax generation enables a guesstimate of 11.4p per share in earnings (10.4p) but no dividends.He goes for £37.4m this year of sales and a recovery to an adjusted pre-tax profit of £0.5m, worth 13.8p per share in earnings and again no dividend.In rating the group's shares as a 'buy' Strong suggests that they have a 'fair value of over 200p each.I have not covered myself in any glory, as yet, in having Profiled the company almost two Covid-19 years ago.However, I now seek to offer some recompense to readers – by suggesting that Shearwater Group shares, currently at 118p, are heading a great deal higher.My new Target Price is an easy 145p.

[lammylover] 23/3/2022 10:26

Quote by Supersquid 24th January.
"Not much left now. Time to switch the lights off and give-up ? No value left in a few day"
Did you buy any shares Squid? Or were you hoping your post persuaded a few more private investors to dump their shares at daft prices? If you didn't buy any cheap shares then why are you still hanging around here?

[igoe104] 23/3/2022 10:09

This is a different animal from a couple of years ago, the cyber security market is maturing better and products are in more demand. At this current level these represent tremendous value...

Thats why I've been adding...

[northwards] 23/3/2022 10:04

Ex cash were still on a PE of c 7. Bit more to go here ...

[lightning rod1] 23/3/2022 09:51

The cash pile you refer to was raised at a Placing at 400p over 2 years ago. What does that tell you about recent growth and performance !!!!!