Shearwater Share Discussion Threads

[husbod] 17/8/2018 10:13

Cheeky - yep at least this one has top quality leadership from the start unlike ATYM and it's in the UK which is another plus ( unless Comrade Corbin gets his red hands on the levers of power in which case all bets are off).

[cheekyfella] 17/8/2018 10:08

Husbod - astonishingly Baby Cheeky is now 8 years old. She still has a modest holding in ATYM. Hoping that SWG doesn't take the same length of time to turn a profit, fortunately no corrupt Spaniards & crazy Aussies involved here.

[husbod] 17/8/2018 10:01

Hi cheeky and how's babycheeky getting on ? The first 6 year old to get into university with 4 A stars?Might have to top up if the share price reflects a placing at 4p or under.So how much insider trading was there prior to this announcement. It's scandalous really and doubtless absolutely nothing will be done about it.

[peantern1] 17/8/2018 08:53

1000 Companies to Inspire Britain is an annual celebration of some of the fastest-growing and most dynamic small and medium-sized enterprises (SMEs) in the UK. As well as identifying 1000 companies, the annual report examines in detail the opportunities and challenges facing SMEs and looks at the sectors and trends that will shape the future of the UK economy.

Last year Brookcourt were identified in this annual list.

Brookcourt Solutions recognised in fourth edition of London Stock Exchange Group’s 1000 Companies to Inspire Britain report
• Identifies fastest-growing and most dynamic small and medium sized businesses (SMEs) across the UK
• Brookcourt Solutions are an award-winning organisation; committed to providing independently sourced, leading edge protective technology solutions. Working together to ensure your organisation stays safe, confident and empowered in today’s challenging Cyber Security and networking environment

Brookcourt has been identified as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK.

To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.

Brookcourt CEO Phil Higgins
“Brookcourt are pleased to have won such a prestigious and innovative award. We focus on defining ways to deliver effective IT security solutions that match the increasing business demands for secure IT operations in today’s fast paced, unpredictable technological environment. By blending innovating, problem solving technologies across all enterprise verticals, Brookcourt’s award winning, customer centric approach ensures we continuously keep ahead. We are honoured to have been selected to receive this award”
Xavier Rolet, Chief Executive, London Stock Exchange Group said:
“Four years on, LSEG’s ‘1000 Companies to Inspire Britain’ report continues to highlight the dynamic, entrepreneurial and ambitious businesses across the country that are boosting UK productivity, driving economic growth and creating jobs. The strength and diversity of these companies is readily apparent with a broad mix of UK regions and sectors represented. These companies are the very heart of an ‘anti-fragile’ economy: more robust; more flexible and less prone to boom and bust. We must ensure we continue doing all we can to support high growth potential businesses like these.

“London Stock Exchange Group is fully committed to supporting and implementing initiatives which improve access to and cut the cost of finance for growing companies. We welcome the Government’s focus on supporting SMEs as part of its Industrial Strategy and await the outcome of its review into long-term patient capital.”

The Rt Hon Greg Clark, Secretary of State for Business, Energy and Industrial Strategy:
“I want to congratulate the 1000 companies from across the UK featured in London Stock Exchange Group’s pioneering 1000 Companies to Inspire Britain report. Championing high growth innovative SMEs is crucial for the continued success of the UK economy and a country that works for everyone. We are committed to ensuring that companies of all sizes can access finance to grow, scale-up and create high quality well-paid jobs across the country.”

[channel pirate] 17/8/2018 08:33

Shearwater have already bought one of their acquisitions which was "loss making" and turned it around in very little time into a profit making unit, so expect they have idea's of what they can do with Brookcourt. With the quality of the Board then I don't think they would be spending £30M+ to buy a dud that they can't transform !!

[2lb] 17/8/2018 08:05

Poor acquisition to my mind Brookcourt has been touted around for sale for the past couple of years and nobody bit due to it bring primarily a middle man who go out and put together solutions using third party products and services Declining at both revenue and EBITDA lines for the past year so paying over 15x for a consultancy plus another million in fees ??Lack of placing price details always a red flag so likely 3.5p - 4p at best then will be a long road to get any sort of value here.Disappointing

[cheekyfella] 17/8/2018 08:03

As I was saying yesterday - Cheeky knows, you know.

[eentweedrie] 17/8/2018 08:01

Sounds like a decent acquisition however I do find it a little ominous that trading has been suspended.

[talkman2] 17/8/2018 07:44

Probably 4p. The market knew some was afoot as the share price had decreased quite a bit recently.

[eentweedrie] 17/8/2018 07:42

Interesting that trading has been suspended too. Placing price must be at quiet a discount one must assune

[talkman2] 17/8/2018 07:28

No information on the placing price ?

[nw99] 17/8/2018 07:26

Wow earnings enhancing

[talkman2] 17/8/2018 07:13

What price is the placing ?

[jammytass] 17/8/2018 07:12

Real deal here could be massive upside in next 12 mths

[casabella2] 17/8/2018 07:09

GREAT NEWS.This company is really going to take off over the next few years.Could be massive .

[casabella2] 16/8/2018 08:37

Nice little round-up there cheekyfella.

[nw99] 16/8/2018 08:11

Thanks for this very interesting will buy more

[cheekyfella] 16/8/2018 07:37

There has been a 1 million buy order worked through this week which took 48 hours & a clever tree shake by MMs to loosen some stock - but the order has now been filled.
Key news is expected in Q3 regarding a pivotal acquisition - a company with a best in class resilient platform - perfect fit for the strategy of the company and will be earnings enhancing from day one.
Buy the dips is my strategy here.
The wider economic picture is the only real negative in respect of the near/mid term future for SWGs share price - but then that's the same for all equities.
GLA

[butler4] 15/8/2018 16:34

I've also lost quite a bit here - but I think that we've all been caught up in the recent upbeat rhetoric - great prospects, fantastic talented team etc etc - the reality is that the share is massively over priced, the company had, and still has, an unreal overpriced valuation, they've acquired two companies over the last 12 months, lost money and no real prospects.

We have to treat our holdings in this as a business - and its going to be a long haul to get a decent return

[channel pirate] 15/8/2018 12:02

I was told recently to sell my holding and take the £5K profit I was sitting on as this was going to come back to 4p. I didn't, so currently about £5K underwater now. Looking forward to being back to £5K in profit again before too long, but still will not be selling as too much potential here.

I did stop buying when my holding got to 500K shares, but now it fell back to this price then thought it would be rude not to take some more at 4.18p this morning.

G.L.A.

[nw99] 15/8/2018 11:09

Managed to buy a few here before price widened

[nw99] 15/8/2018 09:36

It's come back to support on the chart at 4p

[casabella2] 15/8/2018 09:04

Can anybody explain as to what is happening here.

[2lb] 01/8/2018 18:42

Agreed this is about the potential but not exactly flush with cash so material dilution needed to bring in new acquisitions and build the group out. what will that do to the SP??

On the plus side, acquisitions can only possibly be at a lower effective PE so will, by definition, be "earnings enhancing".

What they have so far is decent and growing well, but they have only just managed to take a consultancy (Xcina) back to profitability and they are generally valued at around 4x EBITDA in the open M&A market - so even if that gets to £1m EBITDA over the next year then where does the other £46m (at today closing MCAP) come from?

They need to buy something a bit special and of material scale and capability.

[nw99] 01/8/2018 15:04

Buying back in at 4.5 level