Share Name Share Symbol Market Type Share ISIN Share Description
Shearwater Group Plc LSE:SWG London Ordinary Share GB00BKT6VH21 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  2.00 1.17% 172.50 11,794 15:30:52
Bid Price Offer Price High Price Low Price Open Price
170.00 175.00 172.50 170.50 170.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 26.60 -1.02 -0.06 41
Last Trade Time Trade Type Trade Size Trade Price Currency
16:17:50 O 861 173.1249 GBX

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Date Time Title Posts
14/8/202015:56Shearwater with charts etc....1,900
05/4/202015:48Sensible Shearwater 440
11/1/201709:47Shearwater Group4
08/9/201010:00Scott Wilson plc1,303

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Shearwater (SWG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-08-14 15:17:51173.128611,490.61O
2020-08-14 14:30:00172.701,7142,960.08O
2020-08-14 14:19:40172.701,4412,488.61O
2020-08-14 13:42:07172.70575993.03O
2020-08-14 11:32:55172.75426735.91O
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Shearwater (SWG) Top Chat Posts

Shearwater Daily Update: Shearwater Group Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker SWG. The last closing price for Shearwater was 170.50p.
Shearwater Group Plc has a 4 week average price of 166p and a 12 week average price of 166p.
The 1 year high share price is 295p while the 1 year low share price is currently 1.55p.
There are currently 23,671,817 shares in issue and the average daily traded volume is 18,798 shares. The market capitalisation of Shearwater Group Plc is £40,833,884.33.
channel pirate: Hi 2LB I'm obviously not looking in the right places as I couldn't find any info regarding your post - are you able to expand on your statement ? Obviously you could be right as why would the SWG share price drop from 290p to just under 200p !! Thanks in advance.
channel pirate: Maybe the 158000 share trade this morning at 10-23am is the "big seller" out of the way !! as the share price has 'lifted' a tad since.
jh59: Could be Husbod. If the seller is related to the Secarma shares, we could see them dumping for a considerable time. I see that as an opportunity to add at a price that you won’t see again once Shearwater becomes profitable. This is forecast by analysts to be within 3 years. Also, the same analysts say that share price is 65% undervalued!
channel pirate: Has to be something the company has not told us, as 6 weeks ago the share price was in the 290p's. Since then, on "no news", the share price has dropped by approximately 30% and today you could buy at 206p for most of the day. O.K. the company done a placing that us small pi's were not invited to participate in at 240p, which was a 20% discount on the then trading price. Now we see the share price drop another 20% on that discounted price. Recently we see our Broker reduce the target price here by 20% from 500p to 400p Observation - too many 20% drops for a company that is supposedly gaining momentum. However, I personally did add some more to my holding today at 206p in the hope we will soon see a reversal of this falling share price. Good Luck to all still holding.
channel pirate: I would imagine the company has a few disappointed £2-40p fund raising participants, so also having to provide those that took part with an explanation or two !! The placing (240p) was @ 20% discount to the then share price (295p), and here we are today at a further 15% drop to the placing price at 205p. I am no chartist, but looking at a 1 year graph, I would not be surprised if we end up somewhere back down between 180p : 200p
nightswatch: A couple of thoughts on share price activity. Given that a PE company has inherited a big shareholding from Laurence Jones is it not feasible that this might not be something they want to continue to hold and are winding down the holding. I guess it’s kind of free cash for them at a time when PE companies are short of cash. Just a thought. On acquisitions the RNS effectively said they had £700k at the end of March which is effectively working capital. That’s the £3m less the £2.3m owed. SWG then raised £3.75m in the placing plus a facility of £4m. So roughly £8m give or take. On acquisitions why would a profitable company want to sell. For me two key reasons firstly the owners want to cash out or secondly they need investment. SWG will have to use shares for a big portion of any sizeable acquisition which I would think is challenging given the current yo-yoing in the share price but more importantly do they have enough cash to provide the investment capital required to build out any acquisition and existing businesses. It is a challenging market with a number of cash rich players in the market as well as SWG. It is going to be interesting to see who is bought and for how much. I
rockstar10: I think this chat about gold is a red herring. 2LB who regularly gets shouted down seems to make most sense. Why is £3million profit so exciting when Brookcourt should be making that much on its own. Secure Envoy only got a mention at the end of the financial year because of Covid-19. How was that doing before then? No news on Geolang,Consulting or Pen testing company. I think with lockdown anyone trying to sell people services into corporations will struggle for all the obvious reasons. Many corporates are planning staff cutbacks off the back of the virus so hiring externally is problematic. I am not convinced a vintage year is going to be forthcoming. All of which will hold back the share price. Don’t forget their own broker downgraded from £5 to £4 quite recently. Not a good sign for a company in a growth area.
imjustdandy: So this has fallen from 2.90 to 2.16 in a matter of 6 weeks. Trading update on April was very positive and cash generation was strong. 3m in the bank before the placing at 2.40 so I reckon they now have 7m cash. All very positive news and sting cash at bank in hand. Both directors spent one hundred and thirty thousand pounds participating in the placing at 2.40. Results are early June so confirmation of ongoing trade per the April update and we should be back above £3 again. There's no reason why the share price has fallen 70p . Quite the opposite in fact.
cheekyfella: Husbod - babycheeky is now 10 years old!! Time flies. Share price rising in response to increased demand for SWGs services. SecurEnvoy are absolutely creaming it at the moment. If there is one out from this crisis, it's that a significant number of companies are seeing the benefit of homeworking and this means they will need to tighten up remote network access etc etc.
hierarch: Expect major contract wins to form the bulk of any news flow between now and then. SWG via brookcourt have a tendency to nail and focus on blue chip/large companies to generate huge returns from a low amount of contracts. These take time to establish but usually result in deals worth in excess of multiple millions with recurring earnings. It’s quite difficult for a company to migrate from SWG once they have been tendered. Alongside the supplementary cross selling of penetration testing, red teaming, MFA, DLP, cloud services and consultancy to compliment the main managed service of brookcourt, seriously lucrative opportunities become capitalised as the major contracts elapse and expand in scope from initial agreement. You will see a sudden exponential growth rate as the proof of concept of the business model inspires confidence in both consumers and investors. Albeit we are in our infancy at this point and only a few of us have identified the early opportunities we have paved out on the road ahead. Hence we will for now sustain a low share price and is why I’m more than happy to accumulate more shares every month at this attractive valuation. Right now given the strategic growth of our industry and the premium placed on our peers e.g Kape, sophos, Avast, NCC, softcat, computacenter and GB group etc noting that all are of different scale, consumer focus and product lines. At the point we achieve maiden net profit in 2020 we will potentially be graced with this inherent industry premium further accelerating the share price ontop of our strengthening business model as outlined before. I like to think of this as the calm before the storm (the storm will come in the next 12-18 months as a disclaimer for the more impatient among us) H
Shearwater share price data is direct from the London Stock Exchange
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