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SWL Swallowfield Plc

195.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Swallowfield Investors - SWL

Swallowfield Investors - SWL

Share Name Share Symbol Market Stock Type
Swallowfield Plc SWL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 195.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
195.00 195.00
more quote information »

Top Investor Posts

Top Posts
Posted at 26/10/2018 22:49 by danny baker
Not much in the RNS about these extra resolutions. I can't find the notice yet on SWL's awful investors website. My guess is either they have forgotten that to tick boxes for good corporate governance they need to put the remuneration policy to the vote or otherwise perhaps they have received member resolutions which they want to keep quiet about. I can't recall a similar RNS from any other company so it is most unusual and I'm intrigued.
Posted at 11/8/2018 18:55 by countryman5
Roger McDowell, already a major shareholder and NED recently bought a substantial chunk. Positive article in this week’s Investors Chronicle.
Posted at 28/5/2017 10:22 by malcolmmm
This was tipped in the Momentum Investor in Feb at 267.5p, so a decent profit
Posted at 02/3/2017 09:40 by johnv
bought some today. Momentum investor placed these in its portfolio at 292p after tipping it last feb at 268p.
Posted at 31/1/2017 07:01 by silverfern
Momemntum INvestor got delivered yesterday to ex-subscribers like me to tempt us back. I reckon they send me one a quarter. Would take just a few readers spending £10k each to have moved the price. The risk is PIs selling on any dip. I'll watch for now.
Posted at 16/10/2015 20:45 by countryman5
Comment in the Investor Chronicle
Posted at 14/4/2013 19:16 by markt
Coolen
for Mr Marshall you forgot 2 more to add to list of into admin.
Doctors Direct and Sanctuary

about 3 out 7 over last 20 years into admin. a worrying % imo
Sanctuary is perhaps excusable since due to CDs arriving and everyone copying instead of buying....but completely foreseeable....so it was imo completely NUTS for the bod to make massive acquisitions of CD catalogues, using debt...which then killed them

(were MWB and Sanctuary intentionally driven bust...and anyone making millions via shorting...I hope not...but its a dodgy world out there !)

(did MWB buy in 33% of shares at 3 pounds to intentionally drive the co. bust ??.....numerous complaints against the bod from Pyrrho investments, big investor at MWB and MBE, now legal cases I think....what's new, London markets have many proven cases of corruption/problems by directors...just visit the FSA website
....money, people like to get their own hands on it !!)


(while noting that failures happen, business has competition,....
if you dont try then you never fail, but companies need someone willing to be dirs....)

(on the plus side for DM at Sanctuary.....managed to leave and sell all shares before Sanct. hit the brick wall)

What happened at DD could be argued to have been disgraceful.
(Western brought it to market and was the biggest new investor....
strange that there was a legal case mentioned in the IPO.....about who was the rightful owner of the company being IPO'd !!
DM and chartered accountant from Western....sat on the board...and let the exec. dirs. and their friends burn through the IPO money in 12-18 months...and no resulting income....so...administration.

and IPO price was imo nuts.

...and noting that there is I think a listed business on AIM that successfully does the same sort of thing...Mobile Doctors I think it is called

(personally I would never invest in such a business idea....
barriers to entry ? zero (a website, a reception girl and a list of doctors willing to do home visits). .....imo not suitable business to be listed
Posted at 12/4/2013 09:03 by countryman5
I wonder if PG is one of the investors in Axminster carpets. I understand that he has a large fibre business in the North of England.
Posted at 11/4/2013 12:09 by markt
"a slow car crash"

je je !

----

WSE ..."invest now"

....personally I hope they dont !!
...SWL needs adjustments to sort out the turnover, profit and then debt subjects....
...and to have a good strategy (and how to avoid profits being nailled down by over powerful retail buyers)
...to have a good strategy for how to benefit from UK, Czech and Chinese operations


...not the buying of shares imo...

----

Western thought that SWL shares were a good buy at 80p....a price that they paid when they first invested I think...

now it is around same price area X years later....and the co. has 5M of debt. Not good.

Infers to me that Western made a bad investment decision.
(which I assume means Mr Marshall senior)

If they had a plan to develop SWL when they first invested.....why has it not happened or not worked ?

If they havent been able to develop SWL over last 5 years..(during which time they have received suggestions from Western and from PG) ..why do you think that Mr Marshall as chairman would suddenly change anything ??!!

---
how to avoid profits being nailled down by over powerful retail buyers

Any solutions to that topic....and win a prize !!
----

BTW
You realise that Mr Marshall is resident in South Africa ?
And hence does not see what is happening in high street shops for retailing/marketing of cosmetics/toiletries....or special advertising campaigns or see UK TV adverts every day for cosmetics/toiletries

is someone that does not have daily visibility of the sector and its changes a good person to have as chairman ??
----

I'm hoping that Peter G will be able to propose/supply/find a new MD and chairman.
someone as successful as Mr Grimmond at Coral Products....or C21 has also done well (PG is an investor there)
(while various of PG investee companies have not performed so far)

existing directors/chairmen for cosmetics companies....I guess there are not many around....and even less looking for work
---

Other item.....

----

Marshall
...on the bod that took Sanctuary, Doctors Direct and MWB into administration...

and under his guidance his 2 listed investment vehicles have....since 1990 proved to be a waste of time....imo similar NAV now as they had then

while the investing funds that invest in the same sector have multiplied their NAV by X3 or X4. (Black Rock Smaller cos, Artemis, Morningstar etc etc)

that can only be reported as FAILURE

the Lond. Fin. and Western Inv. strategy does NOT work.
Other listed cos. have tried the same strategy (investing in 3-5 companies long term and sitting on the bod and trying to produce good performance by being 'super skilled' !!)

and most of them have gone bust or wound themselves up and returned cash to investors or done very badly.

Such as
Arlington
Spark
Blackstar

and a list of others
Posted at 08/3/2013 20:07 by countryman5
Comment in Investors Chronicle.'They're at it again! Two years ago we reported how 'ageing viking raider Peter Gyllenhammar and fairly youthful South African magnate David Marshall' had put forward a resolution to evict chairperson Shena Winning. Now controlling a combined stake of 46 per cent, the duo have now dismissed Swallowfield's chief executive, Ian Mackinnon after 13 years as an employee.
This concert party of the two largest shareholders do the hiring and firing, meaning that the Chairman and other NEDs are irrelevant. These shareholders live abroad and probably know very little about how contract filling works. Until one of them reduces their holding and breaks the concert party the share price is going to stay below the 140p that David marshall paid for his last purchase. It was this last purchase that gave the two largest shareholders their control. The company has a good management team who are constantly looking over their shoulders to see where the bullets are coming from. There are some interesting irons in the fire but this is not an easy business. They are certainly growing their global footprint and gradually moving away from low margin work.
At some stage these two shareholders have got to face up to the fact that private investors are not going to buy into this one if their votes are irrelevant.

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