Shearwater Share Discussion Threads

[chrisdgb] 17/8/2023 10:45

why do some of these mms bother, Peel Hunt are 30-50...!!

[chrisdgb] 17/8/2023 10:12

Agreed, they would have said something, these market conditions are making us all scared stiff..........

[northwards] 17/8/2023 09:49

Don't think so. They would be duty bound to report that. More likely scenario is holidays getting in the way on the audit team side I reckon.

[watcher13] 17/8/2023 09:39

The wait goes on - missing your own deadline for a results RNS is not a brilliant way to keep shareholder support. unfortunately I think the most likely cause is an audit problem - worst case scenario - they won't sign off on 'going concern' so there's a scramble to try and address that.

[weatherman] 15/8/2023 07:36

I' nice thought, well above 100p.

[chrisdgb] 15/8/2023 07:23

Let’s hope it is finalising a bid….

[northwards] 15/8/2023 07:03

The most likely scenario ...

[weatherman] 14/8/2023 16:31

Or the accountant is on holiday.

[lammylover] 14/8/2023 15:10

Alternatively maybe they are trying to finalise a contract / renewal...
before updating market?? Who knows.

[watcher13] 14/8/2023 14:07

Hmm, 'before mid August' I would interpret as latest 15th ie tomorrow. Can't quite understand why they are so late if they are simply in line with the 2 trading updates we had - suggests to me surprises either upside or downside - any bets?

[weatherman] 11/8/2023 15:55

Results due on Monday?
"The Group expects to announce its audited FY23 results before mid-August and will announce details of the retail investor presentation in the coming weeks."

[lammylover] 11/8/2023 14:17

Tree shake just now, down over 10% to down just 2.7%.
Perhaps some one believes business is worth more than £7-8m?
Results I'm sure won't be great, but surely got to be worth more than this?
Higgins can buy it back with his loose change!!

[davemac3] 11/8/2023 13:28

the trading update said

"the business continues to maintain a healthy balance sheet which will be further strengthened through cash generation in FY24".

[ianhamo] 11/8/2023 13:10

Surely an RNS to acknowledge the 20% drop over 2 days?

[watcher13] 11/8/2023 11:57

going bust?

[ianhamo] 11/8/2023 10:35

Anyone know what we should make of the strange trades going through today?

[amitshah2021] 10/8/2023 11:20

Look at the last 3 years, they went from 7 million cash 2021 to then 5.6 million in 2022 and now 4 million. They are burning cash. In another 3 years there will be none left at the current trajectory. I hope things change but will need consistent results to restore confidence. I'm avoiding for the time being.

[earwacks] 09/8/2023 21:51

I think it’s the odd sale like the late reported 38k that continues to drG the stock down along with a complete lack of contract news. Stockopedia still have revenue of 36 million for Swg. Why on earth anyone would pay for this out of date info is perplexing to say the least. Either the market has got this very wrong or they are going to have to come clean on the affairs of this now 10 million cap stock. Still somebody stumped up 38k to relieve another disillusioned holder. Will find out shortly if it’s Schroeder’s have scaled back again.

[watcher13] 09/8/2023 17:00

When we do get the results, wouldn’t be surprised if the 2023/24 numbers are downgraded by Cenkos, even this lot should hit the 22/23 outcome in the trading update

[watcher13] 09/8/2023 16:28

They like Thursdays - tomorrow?

[northwards] 09/8/2023 16:24

I think what's getting a few nervous is results are meant to be out by mid august. No sign yet.

[watcher13] 09/8/2023 16:03

A year without news is really quite depressing. Not sure we can blame market makers though - trade size is too small and overall volume too little for them to bother - real problem is no progress, no news = no buyers.