Shearwater Share Discussion Threads

[wd 40] 07/8/2009 09:05

Thanks JJ.

[jumpin_jackflasher] 06/8/2009 22:05

wd40 I'm barely making a profit here so I still believe in a good future just like I did before. I like cost more though

[wd 40] 06/8/2009 20:37

jj do you think that these are still worth a punt at these levels

[celeritas] 06/8/2009 16:44

Thanks nurdin, hope to replicate my other favourite stock with these. Certainly are under priced also nice to have a 4p full year dividend or around 6%.

[nurdin] 06/8/2009 16:38

One can draw comfort from the fact that a Director bought 90k shares at 66p last week ...these have much much further to go imo :o)

[jumpin_jackflasher] 06/8/2009 16:34

nice day for swg and cost holders. warning, investing in good companies can seriously enhance your wealth.

[nurdin] 06/8/2009 15:40

Well done Celerita...hope they do well for you.

Two large,1m+ ,trades today which could have cleared any overhang.Expect them to move quickly from here now :o)

[celeritas] 05/8/2009 11:37

Thanks for the mention nurdin, Bought an initial 10000 for now, the trade is not showing yet. Next target buy is 70p.
I like the China link.

[nurdin] 25/7/2009 15:23

A better link :o)

[nurdin] 25/7/2009 14:30

Apologise to CR for pinching this link from his post on JRVS thread but SWG are heavily invloved in track electrification work and it maybe that they are in line for some decent contracts fron Network Rail for work descibed in the link:



Might explain the recent rise.

[nurdin] 25/7/2009 13:10

I think we can take reassurance from their Outlook statement issued with the recent results:

Outlook

Overall, the demand for global infrastructure remains strong as urbanisation
continues around the world. The UK remains a leading global provider of
engineering consultancy services and Scott Wilson's technical and industry
credentials are very strong. The Group is already well established in both China
and India, two major markets that continue to grow despite the recent economic
difficulties. Our work in road, rail and other transport projects remains
strong, together with power, water, waste and environment projects. However,
there are no early signs of improvements in the property sector.


We do not expect growth in our UK business over the next year but we do see
significant opportunities for further growth in our international markets.


Our diversified business model, strong order book and financial strength give us
confidence that we can continue to respond effectively to market developments as
they unfold.

[choppa] 25/7/2009 13:02

Fair enough CR I guess he knows best! :-)

[cockneyrebel] 25/7/2009 12:59

I wondered that but a 90K director buy says he knows better than me choppa :-)

CR

[choppa] 25/7/2009 12:53

Got stopped out of these on the dip. But what about the reduction in gov spending that will inevitable occur over the next few years. That might imact the bottom line here. Waddya think?

[cockneyrebel] 25/7/2009 12:39

Yep, I think most had knocked off by then :-)

Monday might see some lfe here imo.

CR

[nurdin] 25/7/2009 12:04

Seems to me most people missed that Friday afternoon RNS about the Director's buy....90000 shares bought at 66p..worth about £60k.Not a trifling sum !!

SWG is one of the best recovery stock around imo.The fundamentals could easily support a price of 90p here and quite a bit more once there is a turnaround in the economic climate.

Whilst the Property Sector may still remain under cosh for a while,their exposure to the mushrooming growth in infrastructure spends both here and Internationally gives confidence that their already healthy order book will continue to balloon.

[nurdin] 24/7/2009 15:10

Nice Directors buy there :o)

[nurdin] 24/7/2009 08:23

There was a pretty heavy volume here a few days back.Suspect shrewd investors have been picking up shares in tons...

Looks to me a rerating is on the way..;o)

[profiting] 23/7/2009 22:58

Will be interesting to see what happens tomorrow and the volume at the close was also interesting.

[nurdin] 23/7/2009 20:38

Doubt it has anything to do with my post but the markets are looking for bargains and this is one of many:o)

[gswredland] 23/7/2009 18:11

would like to know that too!

[profiting] 23/7/2009 17:02

Nurdin that post seemed to have done the trick !!!!!

Any idea why the late surge?

[nurdin] 23/7/2009 15:50

Amazing that the PE has dropped here to under 4...7% divi as well.You can pick up the final divi of 2.7p if you buy before 9 Sept...:o)

[nurdin] 23/7/2009 14:29

Picked up afew here...nice exposure to infrastructure spends in China and India....let alone the UK

[blueliner] 23/7/2009 12:53

Is it just me that thinks that Gov't spending announcement re electrification of GWR line, this morning with full fanfare, will benefit SWG.