Shearwater Share Discussion Threads

[rogerbridge] 12/4/2007 22:48

Moving up again.

[petemorr] 29/3/2007 12:30

Doesn't seem to want to.. :(

[billfisher98] 23/3/2007 17:36

Looks good as long as it can leave the 320 level behind.

[hornets] 23/3/2007 17:12

first close over 320p, looks like a chart breakout

[petemorr] 21/3/2007 15:26

Good rise today

[petemorr] 20/3/2007 16:56

Interesting times ahead!

[tony5000] 20/3/2007 09:27

Noticed on Level 2 some big tranches of shares changing hands yesterday followed by uplift in early trade today on low volume. Could just be institutions rehashing their positions or maybe some other activity to follow.

[rogerbridge] 12/3/2007 18:26

Purchased for first time today. Good long term prospects in the right area of business. Seem to be well run indeed.

[rik shaw] 11/3/2007 12:23

Another IPO award:

[alter ego] 01/3/2007 14:38

what's up today?

[hitchinhoncho] 20/2/2007 09:34

Ok lads, I'm in. Let the good times roll!!

[hitchinhoncho] 18/2/2007 13:56

Thanks Rik

[rik shaw] 18/2/2007 08:20

Prospectus sets out limitations of lock up arrangements as first anniversary of admission, ie 15 March. However with growth as it is will the Directors sell and if so would it have any effect. I doubt both imho.

rikr

[hitchinhoncho] 17/2/2007 15:37

Thinking of getting into this class company but I hear directors will soon be free to sell, anyone have any info?

[lennox_lnx_multibagg] 12/2/2007 00:34

LENNOX IS SET TO ERUPT..PLEASE REVIEW THIS COMPANY

FACT: MARKET CAP.ONLY 0.3 MILLION.
FACT: SHARES IN ISSUE ONLY 24 MILLION.
FACT: OVERHANG NEARLY GONE. BUY LIMIT LAST WEEK WAS 500,000 @1.6P NOW ONLY 75000K @ 1.6P.
FACT: SELL LIMITED WAS 50,000 @ 1.09P AT THE START OF THE WEEK, NOW 250,000 @ 1.09P. MMS WANT CHEAP STOCK.
What does this mean? A few buys LNX will explode.

Last RNS
Lennox to carry out full review in difficult trading conditions; MD retires

FACT. The review is expected to be completed in early March.

FACT ANYTHING SLIGHTLY POSITIVE LNX WILL ERUPT.

PROJECTIONS ANYWERE FROM 200%-10000%

FACT. 500,000 SHARES BOUGHT AT A MID PRICE OF 1.5P IN THE LAST FORTNIGHT, A LOT FOR LNX.

OPINION: PRICE BEING HELD BACK AS BUYER ACCUMULATES.

OPINION: IF TRUE THEN IT REFUTES THE NOTION THAT LNX ARE GOING BUST.

OPINION: EVEN IF THEY ARE, WHAT A CHEAP SHELL TO GET YOURSELF LISTED ON AIM.

OPINION: BY APRIL LNX WILL BE 15P-60P


OPINION LNX ARE THE BEST BUY ON AIM TODAY FOR MULTIBAGGER REWARDS.

[rik shaw] 11/2/2007 22:09

Thanks for pointing out the Sunday Mail tip. I was debating whether to sell, but the share price has held up well and looks to be ready for another move up towards 350p. This tip might help.

rik

[wjccghcc] 10/2/2007 20:47

You're welcome.

[nicolau] 10/2/2007 12:21

Thanks wjccghcc. That was a real education. From hereon I will be using that in all my stock analysis.

[rogerbridge] 01/2/2007 08:20

Thanks Too.

[johnv] 31/1/2007 22:47

Thanks wjccghcc

[wjccghcc] 31/1/2007 22:42

johnv, revenues and profits in businesses with long contracts are basically determined by the accounting - how much revenue do you recognise and when? However, cash in the bank is a solid number (fraud apart) and so a good check on how a business is really doing. Cashflow statements can be quite obscure and you need to see what's included in the line items, but basically you want your operating cashflow to be similar to or greater than operating profit over time. There can be certain reasons why it's not (eg payment timing, big expansion in business etc.) but if op cashflow is significantly less consistently, then the risks in investing in that company are increased.

Take the last 3 x 6 month periods:

SWG op profit 5,763 4,643 7,141
SWG op cashflow 5,488 7,141 7,503

SMC op profit 1,297 1,981 1,991
SMC op cashflow 286 (427) (635)

Can you see why it was increasingly likely the SMC accounting for revenues was too aggressive? No such worries with SWG, hence little in common.

[johnv] 31/1/2007 20:30

wjccghcc,

some of us are not accountants, so could you give a quick comparsion between swg & smc cashflows if poss. or where I should look. cheers

[wjccghcc] 31/1/2007 19:14

SMC are a buy & build architecture practice. Can't see why that has anything to do with SWG. If you're worried, I suggest you compare the cashflow generated from operations for SWG and SMC - some of us saw the SMC debacle coming and steered well clear.