Shearwater Share Discussion Threads

[weatherman] 07/11/2024 11:35

They have developed AI capability for security, which is good - otherwise they risked being left behind "The portfolio includes solutions enhanced by generative artificial intelligence (AI), providing buyers with powerful tools to streamline operations through automation and technological innovation."

[rivaldo] 07/11/2024 09:31

Two pieces of good news today.

But with H1 completed over a month ago surely a trading update would be in order, rather than simply noting that the results will be out on 26th November.

Both the outlook in July's prelims and today's CEO comments suggest confidence, but if backed up by results then this would have been the ideal opportunity to get the share price moving properly, consolidated by the results.

Perhaps this explains the relative lack of reaction to today's news following the initial mark up, with nervousness continuing until some actual figures are published.

[igoe104] 07/11/2024 08:15

Hopefully push on beyond 60p considering more than half of SWG market cap is in cash..

[chrisdgb] 07/11/2024 08:06

Let us hope we can establish a decent base to target the 60p level in the next six months...

[solarno lopez] 07/11/2024 07:57

At long last we have progress

[northwards] 07/11/2024 07:51

Finally some good news.

[purplepelmets] 07/11/2024 07:51

To the moon ladies

[chrisdgb] 07/11/2024 07:34

Good to see.......

[igoe104] 07/11/2024 07:17

Excellent contract win of 3.7 million over 3 years.


And this...

Approved supplier status with the Crown Commercial Service

Brookcourt's recognition as 'approved supplier' with the CCS is strategically significant and aligns with Shearwater's recent focus on expansion into Government departments.

Brookcourt is now able to provide a broad array of cybersecurity services designed to address the unique cybersecurity challenges faced by public sector organisations. The portfolio includes solutions enhanced by generative artificial intelligence (AI), providing buyers with powerful tools to streamline operations through automation and technological innovation.

The G-Cloud 14 framework will operate for an initial period of 18 months, extendable up to two years - doubling the term of the previous framework. Contracts awarded through this framework may run for up to four years, allowing Brookcourt to deliver sustained, high-quality cybersecurity solutions to public sector clients.

[deanowls] 25/10/2024 09:16

Should still be getting more than that shown tho.

[northwards] 25/10/2024 07:24

It was 2m at the half year, so fluctuates.

[rossco] 24/10/2024 20:11

While the company states that it has 5.0m cash at 31st March 2024 it only earned 15k in interest which at 3% equates to an average balance of 0.5m. This suggests that the cash balance at the year end appears inflated compared to the normal level throughout the year.

[northwards] 22/10/2024 14:19

Feels cheap. Hopefully a trading update in the coming weeks.

[chrisdgb] 22/10/2024 13:28

Can buy a shade under 37p, incredible value........no one listens..!

[chrisdgb] 27/9/2024 06:36

Good to see the transition of the FD completed........

[northwards] 05/9/2024 13:56

Looks like any seller has been cleared.

[northwards] 04/9/2024 14:17

£8.7m market cap ... and £5m plus of cash. Hmm.

[chrisdgb] 04/9/2024 13:26

Now my biggest holding, hoping for some decent contract news.....

[2lb] 03/9/2024 13:38

£65m spent on acquisitions..

£9m MCAP

AIM directors have the best jobs in the world.......

[chrisdgb] 03/9/2024 13:17

Shocking, people can't really complain when it leaves the market on the cheap....

[northwards] 03/9/2024 12:04

Feels like a forced seller to me.

[watcher13] 03/9/2024 12:00

all over the place today - over 10% down at one point - wonder if AIM might ask the board to put out the usual RNS drivel 'we are not aware of any reason for the fall in the SP' or maybe they do know something?