Shearwater Share Discussion Threads

[sidam] 26/2/2024 22:14

The chart looks like a breakouts.

[lammylover] 26/2/2024 16:44

Looks to me like a large buyer (fund?) has put a limit order to buy as many shares as they can around 55p. Doing this will clear out all the sellers; reposition the share price to a better place and hopefully allow it to lift off towards 100p; on any good news; such as contract wins.

[bdbd11] 26/2/2024 13:11

a 10% move on tiny volume is encouraging. If there was rumour of a buy out or similar I would expect to see much larger volume. Contract news is more likely as my guess. Now they have got their feet under the table with the Government, it becomes much easier to get further such contracts. Perhaps that is where we are headed.

[solarno lopez] 26/2/2024 09:48

That's why I nibbled !

[purplepelmets] 26/2/2024 09:43

Whats going on guys? Our long awaited takeover or management buyout? Has to be

[solarno lopez] 26/2/2024 08:41

Good start to the day

[solarno lopez] 26/2/2024 08:38

and worth nibbling

[chrisdgb] 26/2/2024 08:32

Few nibbles.......

[purplepelmets] 08/2/2024 11:30

Im no chartist but that dip to mid 30s does a bottom. Certainly performance has been better recently with the long expected govt contract having been signed. Onward and upwards here IMO

[chrisdgb] 08/2/2024 06:05

mbo lurking…..?

[rivaldo] 07/2/2024 13:53

Bouncing nicely.

[husbod] 31/1/2024 16:53

Agree about the British ISA but it would be even more helpful if the Chancellor required all uk pension funds to have a minimum of 25% of their funds invested in UK stocks.They used to have 40% not so long but now only have 4% apparently. No wonder London is in the doldrums.No other country to my knowledge basically undermines its own stock market.

[fgump] 29/1/2024 08:18

I think it's about momentum. Contrast the news here with intercede and it's easy to see why this is going nowhere. As I've said before unless the board can deliver meaningful growth then the best place for this is a sale process - and to repeat, that requires directors to recognise a sensible valuation, a dose of reality and to give up their gravy train.

[igoe104] 26/1/2024 10:22

Nobody seems to have patience with small caps anymore.folks are only interested in investing in companies that have already risen shed loads..

SWG only announced contract wins at the beginning of the month and folks are still slowly selling out..

[chrisdgb] 26/1/2024 10:06

Just terrible liquidity, MBO please.......

[northwards] 26/1/2024 09:17

Can see sub 40 again in absence of contract news.

[sidam] 11/1/2024 16:35

Sorry. I can’t subtract not 15 but 25 for the record year.

[northwards] 11/1/2024 10:12

They need a very good 2nd half ...

[fgump] 11/1/2024 09:31

On that basis that would imply circa 25m to 26m for this year. Perhaps they will have reduced the loss to a breakeven on that basis. It needs the revenue uplift to 32m in order to get the bottom line profit.I maintain the only hope for this thing is a buyout and that's why I hold a few shares - around 50k pounds. Sadly as I wrote previously what tends to happen is that management have a delusional expectation of value and the thing limps on year to year while they continue to take their hundreds of thousands a year in salaries.

[northwards] 11/1/2024 09:03

Suspect it will be challenging. The contract news announced last week was worth about 1m in current FY. Let's see.

[sidam] 11/1/2024 08:21

North
When they reported sales of £35m, almost £15m was in H2. So £30m is possible.

[chrisdgb] 11/1/2024 07:38

It will quietly disappear from the market one day........

[northwards] 10/1/2024 23:27

It achieved just over £10m sales at the half. Getting to £30m + in the FY will be quite an achievement.

[tole] 10/1/2024 18:58

https://masterinvestor.co.uk/equities/alumasc-shearwater-and-more-all-on-the-move/Shearwater Group (LON:SWG) – Corporate Recovery Is Now Underway It has not performed well subsequent to my previous COVID Profiles on this company, but I am now having another attempt at getting it right. Capitalised at £12.1m, the cyber-security, advisory and managed security services group, which has recently secured an attractive three-year contract with a leading global bank for its services, is UK-based but operates on a global scale. The company is expected to see its sales for the year, to the end of March 2024, rise from £26.7m to around £32.5m, spinning it around from its previous pre-tax loss of £1.3m to a profit of some £1.0m, worth 4.2p in earnings against a 0.4p loss per share. Estimates are already out there for the coming year to lift revenues to £37.0m, hoisting profits to £1.7m, worth just over 7p per share in earnings. It is the anticipation of this recovery, as well as its potential over the next 15 months, that makes the group's shares at just 50.50p look an attractive counter in 2024. Analyst Price Objectives are just above the 100p mark.