Shearwater Share Discussion Threads

[jumpin_jackflasher] 11/8/2009 08:10

lucky sod getting 81.25

[wormcatcher] 11/8/2009 08:10

Sold just under half at 81.25p - hanging on to the rest

[jumpin_jackflasher] 11/8/2009 07:58

77-78.5

over 78 and I will be unable to resist, I'll have to pocket the profit.


edit 80.67 spreadbet closed. Nice profit.

good luck guys.

[wormcatcher] 11/8/2009 07:07

..... there's your RNS. That's 4 cross-rail contracts worth £25m over the next 1-2 years I reckon, not bad at all.
edit - actually 5 worth £35m I think! (I'll get there eventually - where's that cup of tea?)

[jumpin_jackflasher] 11/8/2009 07:04

theres the contract win rns

[profiting] 10/8/2009 21:29

Good find and may explain the price rise but no RNS.

Happy to hold these as now beginning to motor and downside limited.Target 100p.AIMHO.

[beckaroo] 10/8/2009 20:33

found by Grigor on HYC board:

HYDER NABS TWO CROSSRAIL JOBS

10 August, 2009

By Olivia Boyd

Winners of six design contracts on £16bn rail project revealed today

Hyder Consulting has secured two out of six Crossrail design contracts announced today, scooping up Victoria dock portal and Whitechapel station.

Rival engineer WSP also won its first deal on the £16bn project, and will carry out detailed design services for Bond Street station.

Scott Wilson and Mott MacDonald were named as winners of Paddington station and Liverpool Street station jobs respectively while Capita Symonds took North Woolwich and Plumstead portals.

Graham Plant, programme director at Crossrail, said: "With the latest announcement Crossrail has reached a major milestone in the detailed design process, as the designs for Crossrail stations along the central route will play a key role in delivering a world-class affordable railway. We look forward to working closely with each of these companies."

All the firms have places on the Crossrail Design Framework Agreements, which allows them to compete for packages of work on the cross-London rail link.

[nurdin] 10/8/2009 20:02

Its already in the price surely...forward PE is just 4.5. Besides SWG are not a one trick pony...they have an excellent geographical spread as well spread of well balanced mix of services..Here is their outlook statement from the last annual report:


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.

[choppa] 10/8/2009 19:39

LONDON (SHARECAST) - The government has been axing road schemes as it seeks to save money and more cuts are likely to follow, said Charles Stanley, which expects these cuts to have serious implications for road-building firms.

Companies likely to feel the biggest impact include WS Atkins, Mouchel, Scott Wilson and RPS, according to the broker.

Charles Stanley pointed to a letter from the Department of Transport to UK regions, which the broker says 'in essence warns that their road budgets are going to be cut.'

'We are sellers of almost all the consultant engineers,' the broker said.

And we finished up today. Interesting.

[matt] 10/8/2009 17:30

just looking for a nice steady rise. AGM interim news in Sept would be good.

[mattjos] 10/8/2009 15:37

just been doing some research on this company & like what I see .... I know from business experieince that the railway sector globally is one area of growth at the moment and SWG Seems well connected in this sector & in growth territories. The downside (from a charting perspective) seems limited to around the mid-60's level .. i.e. where one of the directors recently made a purchase & where SWG has bought back its own shares. Now the market cap has gone over £50m it will come back on the radar for some of the insti's. The debt looks quite manageable & the potential upside looks nice too so, I made a purchase today and helped it along a little for you existing holders. Not hoping for any fireworks on this one in the hort term, just a nice steady move up to around 88-90p to confirm all my findings and then a further move after that to 120'ish would be nice. Any readers/posters of this BB with additional comments - I'd like to hear them

[nurdin] 10/8/2009 09:48

up 4.5% against the broader market...bodes very well for a decent rise from here

[nurdin] 07/8/2009 14:35

Building a head of steam now...near a nice break out

[celeritas] 07/8/2009 14:27

L2 67k vs 37k

[celeritas] 07/8/2009 14:00

JJ are you slapdash in disguise?

[jumpin_jackflasher] 07/8/2009 13:58

would like to see more support at 72, so tempted to sell........but I won't

[jumpin_jackflasher] 07/8/2009 13:56

now theres action

[jumpin_jackflasher] 07/8/2009 13:56

volume not setting the world alight yet.

[celeritas] 07/8/2009 13:56

L2 62k vs 35k. A strong order book.

[jumpin_jackflasher] 07/8/2009 13:55

I'd like to see the MMs come closer on the bid. But good rise here, long may it continue.

[jumpin_jackflasher] 07/8/2009 13:53

scrub that, l2 looks good, not excellent

[jumpin_jackflasher] 07/8/2009 13:52

l2 looks excellent

[celeritas] 07/8/2009 13:51

Just about to start nurdin.

[nurdin] 07/8/2009 13:43

Looks like we could have a nice run here :o)