Shearwater Share Discussion Threads

[livinginhope] 01/10/2009 10:11

No much action this morning but shares ticking up - continue to live in hope on this one!

[indomie] 30/9/2009 21:59

I have topped up today with more as the news from HYC reinforces the good news in SWG's last guidance at the start of the month and together with Balfour Beatty's recent takeover make SWG a steal! :-))) There are fewer and fewer stocks on the market with this potential recovery left.....

[indomie] 30/9/2009 21:58

Hyder Consulting PLC
30 September 2009

HYC.L

Hyder Consulting PLC (the 'Group' or 'Hyder')

Pre-close Statement

Hyder Consulting PLC, the international advisory and design consultancy, today provides a pre-close trading update in advance of its interim results for the six months ended 30 September 2009, which will be announced on the 23 November 2009.


Our overseas businesses have performed strongly and our client-centred strategy and leaner structure will enable the Group to report first half revenues and operating profit towards the top end of market expectations.


Asia Pacific operations have benefited from strong sales performance in the transportation and property sectors and from significantly improved operational efficiency. Operating profits are substantially ahead of the previous period.


In the Middle East our businesses are performing well, broadly in line with the same period last year, and we are seeing an increasing flow of opportunities across the region. As anticipated outstanding debt has reduced in Dubai, though the level of working capital in the region has been affected by the timing of Ramadan and public holidays.


Results in Europe have been more variable. Our businesses in the transport sector have performed strongly, winning important orders, notably those on Crossrail. Market conditions in the property and environment sectors have been more difficult, and in the second quarter our UK water sector business suffered from a temporary slowdown in workload between AMP cycles. Overall, the region's results are well below the prior year when taking redundancy costs into account although we anticipate an improvement with increasing new client and project opportunities.


We have improved the operating rigour and market alignment of our operations across the Group in the first half of the year. This has resulted in further staff reductions, with resultant one-off costs of c.£1.5m being absorbed within the normal reported operating profit.


The Group's geographical spread has enabled us to maintain a strong order book and to achieve a robust first half performance. The resilience of our core markets gives us confidence in the outlook for the financial year.

[bigbigdave] 30/9/2009 14:11

First purchases here last night and just after the bell this morning.
Been watching for far too long.

[livinginhope] 30/9/2009 11:58

Good spot CR re the trading statement from HYC. Do you hold or just monitor for comparison against SW? Their shares have really whizzed up today.

Looks like the strength has resumed in the share price and long may it continue!!

[greenroom78] 30/9/2009 11:35

Hopefully we will be testing that previous resistance before the end of the week.

[cockneyrebel] 30/9/2009 11:28

Whoosh - nice - must be a wadge of stock cleared imo.

CR

[cockneyrebel] 30/9/2009 10:31

Great trading statement from HYC - must be a positive for SWG imo.

SWG trading a good 30% discount to HYC on a PE basis.

CR

[cockneyrebel] 30/9/2009 08:29

Definitely going up from here imo - might get rather blistering if the sellers stock has cleared too.

CR

[livinginhope] 30/9/2009 08:25

Looks like the selling hasnt yet been exhausted!

[scsw2] 29/9/2009 23:32

Running along the neckline of a potential inverse h & s pattern ? If so and were it to play out, the end of the pattern looks pretty much bang on 200p but WDIK ?

DYOR etc.

[greenroom78] 29/9/2009 19:08

I hope you are right. I had an initial target for review at 125p purely from a finger in the air and when my profits would hit a nice round number. If it hits that and looks comfortable i'll stick with it. They pay a nice divi and if it's a smooth ride to circa £2 I'll be well happy.

[cockneyrebel] 29/9/2009 18:48

Just looking at the support on the way down.

I'd have expected these to make a sharper move up when they go through 120p and fot that rise to be pretty strong up to 200p.

CR

[greenroom78] 29/9/2009 18:40

CR, are you basing that on last years drop? Would you expect more resistance on the way up with people taking profits or do you expect an easy ride after 120p?

[cockneyrebel] 29/9/2009 18:33

120p looks the next resistance - then there's not much strong resistance till £2.

Bit around 170p.

CR

[cfro] 29/9/2009 18:14

Nice rise today. Should be more tomorrow.

[greenroom78] 29/9/2009 17:15

End of stock after recent profit taking? Recent decrease in share price was on very low volumes. MM stocking up on the drop ready for the next rise? If we get through the previous resistance point of 110 where would you expect to stop with the next lot of profit taking?

[cockneyrebel] 29/9/2009 17:08

looks like a matched buy and sell imo, leaving 35k for the mm's. Reckon that was the end of a line of stock cleared and why the price took off afterwards.

Reckon these might be ready to clatt on up tomorrow.

CR

[greenroom78] 29/9/2009 16:04

What do you think the 535k were? Possible institutional top up?

[cockneyrebel] 29/9/2009 15:57

added.

CR

[cockneyrebel] 29/9/2009 13:35

On the up here imo, looks like buyers are moving in.

CR

[gswredland] 28/9/2009 12:06

Yep..looking to add here. i think we will get a big bounce when she turns again!

[greenroom78] 28/9/2009 09:32

This mornings retrace was huge given the volumes of the sells

[livinginhope] 28/9/2009 09:30

Lots of profit taking still going on - it must turn around soon and when it does I think it will rise quickly!

[bloodhound] 27/9/2009 15:48

Yep, all good stuff INDOMIE.