Shearwater Share Discussion Threads

[channel pirate] 23/10/2018 17:17

Hi cheeky, whilst I do think we might go lower, then it only takes some positive news to be announced to see the share price tick up. You have already used the reasoning I bought a few more now, the word is "hedge". If I had requested more shares in the Open Offer like yourself, then I would have been paying a smidgen more !! Also like yourself, I have more cash available to add again. Luckily I have just sold an investment property and made £150K+ profit, so £1275 now doesn't make much of a dent in it.

[cheekyfella] 23/10/2018 16:42

Seems an odd strategy cp - I mean to add when you think it will go lower.
I'm out of all equities apart from SWG, which I have a special interest in, and a dog share that is pointless selling.
I have a decent hedge covering market volatility, the cash this generates will allow me to buy more SWG regardless of the price but hopefully it won't go sub 3p - though if there is a major market correction it will probably be unavoidable.
Would advise sitting in a decent % of cash at the moment - less stressful.

[channel pirate] 23/10/2018 15:41

Just added 35765 shares at 3.565p, (below the 3.60p Open Offer) so looks like we will continue even lower than this. Had the money sitting in my account so used it as part of my stake building here. GLA

[cheekyfella] 18/10/2018 09:35

10p will be nice

[nw99] 17/10/2018 23:01

Timing with the stock market sell off was unlucky that's all.Just hold for medium term going to be a big winner .

[cheekyfella] 17/10/2018 21:55

It's good, but you could also take the cynical view that they weighed in to make the result look better than it actually was. I applied for 40 x my original allocation and got them so fair to conclude pi's weren't too enthusiastic about the offer.Anyway, I'm long here and optimistic for the future

[nw99] 17/10/2018 21:03

Bullish sign with directors coming in for the shares

[cheekyfella] 17/10/2018 12:29

I do love a good share consolidation in my portfolio.
Altona today :-)

[husbod] 17/10/2018 11:50

Far too many shares in issue to see much movement. Personally, I would like to see a 1 for 10 consolidation in the reasonably near future even though such action tends to result in an share price fall in the short term.

[channel pirate] 17/10/2018 11:20

Looks like most here have their "sensible heads" on today and are waiting to see what happens next with the share price before trading - me included.

[come on] 17/10/2018 10:46

Well onwards and upwards

[butler4] 17/10/2018 10:14

The thing about cyber/computer company share prices is that they don't seem to make sense - I follow a few of them - the business numbers don't make sense - many are losing money big time, have enormous debt, though have massive positive share price that continues to grow. If they we in manufacturing they'd be bust

[cheekyfella] 17/10/2018 09:25

good to see the BOD putting their hands in their pockets to buy shares

[casabella2] 17/10/2018 09:02

Holding up well so far today.

[nw99] 17/10/2018 09:01

Adding here

[cheekyfella] 17/10/2018 08:34

Being blessed with such foresight and wisdom 2LB, I wondered if you could advise what the Euromillions numbers will be for this Friday.I will place a limit order for on SWG at 2.8p straight away.

[cheekyfella] 16/10/2018 22:10

Your analysis is exceptional 2LB, I'll certainly buy more at 2p

[2lb] 16/10/2018 20:17

Nearly two billion shares now in issue , confetti time

[2lb] 16/10/2018 20:14

Undersubscribed.Hardly a surprise Will take a long long time to get back above 4p and will likely hit something starting with a 2 first mOverpaying for average companies is a standard AIM approach and never works in the long run

[channel pirate] 16/10/2018 14:57

Hi cheeky - the mere fact that the market has not reacted upward to the RNS right now makes me think we might see a dip. I hope I am wrong, but I'm holding off adding today and will wait and see what happens tomorrow.

[cheekyfella] 16/10/2018 14:32

undershot the open offer target - so we all get the additional shares we applied for

from the RNS
"The Open Offer closed for applications at 11.00 a.m. on 15 October 2018 with valid applications under the Open Offer received from Qualifying Shareholders for 23,861,564 Open Offer Shares, representing 86.3% of the Open Offer Shares offered.

Accordingly, Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full Open Offer Entitlement and any Open Offer Shares applied for under the Excess Application Facility. The total funds raised under the Open Offer is approximately GBP0.9 million (before expenses).

let's see what the market makes of it
won't be happy to see the offer drift below the placing price

[channel pirate] 15/10/2018 19:22

Will be interesting to see how the mm's play it when the increased shares are added to the existing - if it bounces up, then I'm happy with my existing holding, but should we dip a tad then I'm in for a decent few more. I'm expecting a few 'false' ups and downs for a little while, so it's all about catching it right. One thing for sure (imo) is that the share price will not be where it is now at the end of the year !! GLA

[casabella2] 15/10/2018 18:01

Looking good just now.Im here long term also.Should be an interesting week.