Sweett Grp Share Discussion Threads

[interceptor2] 14/8/2013 19:45

Appreciate the sharing of the new WH Ireland buy note, CSG are operating in a strong sector atm, as indicated by WH Ireland. DRV Driver Group also worth a look imo, even though the share price has been rising since February 2012, there is much more to go for imo. Worth checking the most recent contract win, and comparing with historic contracts.

ic2...

[battlebus2] 14/8/2013 18:41

Some of you other holders might be interested in taking a look at Waterman Group which is in a similar field and undervalued against it's peers. I know Norbert already holds, i believe it to be in a position similar to that which CSG was in over a year ago when i bought at 16p. IMO DYOR etc..

[norbert colon] 14/8/2013 18:36

well done to everyone who bought in here over recent months. All looking very bullish and certainly 50p does not seem out of the question. I am tempted to take some profits but may change my mind!

[dashton42] 14/8/2013 15:49

Sweet! (ahem)

[superstardj] 14/8/2013 14:32

Synopsis from the W H Ireland note:

"Ahead of CSG's AGM update at the end of the current month, we see increasing positives for this stock. Notably (1) actions which management has taken over the past 9-12 months are now demonstrably bearing fruit, (2) the peer group is reporting positive results, (3) indicators for CSG's market place are visibly strengthening, (4) we see good longer term prospects. Having upgraded our forecasts recently by 17%, we are comfortable with our expectations for the current year for now, though we do see further potential upside to margins in this operationally geared business, and hence to forecasts. With improving indicators, it is striking that CSG's self-help programme and the growth of its overseas order book are now being complemented by better potential in the home market. Bearing this in mind as well as the continuing discount to the sector, we believe a higher target price is appropriate and have upgraded our target this morning to 50p (40p). With good momentum established, we reiterate our Buy recommendation."

[bruceylegs] 14/8/2013 13:21

Investment analysts at WH Ireland boosted their price target on shares of Sweett Group PLC (LON:CSG) from GBX 40 ($0.62) to GBX 50 ($0.78) in a note issued to investors on Tuesday, StockRatingsNetwork.com reports. The firm currently has a "buy" rating on the stock. WH Ireland's price target would indicate a potential upside of 44.72% from the stock's previous close.

[battlebus2] 14/8/2013 13:18

Great! I said these would double again and fifty pence is in sight.

[this_is_me] 14/8/2013 11:54

Happy days!

Volume up, price way up.

[dashton42] 14/8/2013 11:51

Wow - 11% rise currently. Wonder what's driving the rise today?

[felix99] 06/8/2013 17:23

but equally the chattering classes already in will then take advantage and sell and you just get a wild gyrating share price which if it drops too far tother way then leads the remaining late chatterers to panic and sell.

Much prefer a quiet penny a day rise type of stock rather than plus 10p down 9p the next day myself. Just takes longer to reach value but more likely to get there than if its being traded to death which allows MM's to maniuplate things to suit their ends.

I know if this spiked I would be likley to take advantage and sell and miss the longer term gains which I might take advantage of if it just gradually rises over time.

[this_is_me] 06/8/2013 16:56

Up to a point! Some heavy weight buying by the chattering classes at this point would really blast off the share price to sensible levels.

[felix99] 06/8/2013 16:25

yup agree Battle bus - quieter the better

[battlebus2] 06/8/2013 13:31

Hi Chesire man I'm still here :)). As I said I'm waiting for these to double again and today is a cracking start. Quiet threads and a rising share price are a winning combination Imv.

[cheshire man] 06/8/2013 12:45

and an even better one today :-),,,,,,,,quiet on here !

[cheshire man] 05/8/2013 16:28

Nice rise into the close I see :-)

[battlebus2] 26/7/2013 17:57

Yes Norbert I to am in at 16p so a double for me but i still believe we can double again.

[vino] 26/7/2013 17:50

many of us are still 50 to 60% down so a long way to go. take over not the best solution.

[cheshire man] 26/7/2013 16:13

Indeed it is :-)

[norbert colon] 26/7/2013 16:13

Yes, almost doubled my investment now but holding medium/long term here as convinced they will be a bid target and if not they are a great business anyway.

[battlebus2] 26/7/2013 15:54

Lovely finish to the week :))

[beastman] 23/7/2013 12:09

Diversification pays off for Sweett

Shares in Sweett Group (CSG) jumped more than 20 per cent after the property and infrastructure consultant delivered a much stronger than expected performance in the first quarter of the new financial year. Turnover in the three months to the end of June grew by 10 per cent to £19.1m, while the order book rose from £90m to £98m, which suggests that around 80 per cent of full-year forecast revenue has already been secured. Accordingly, management expects full-year figures to be significantly ahead of earlier expectations, prompting analysts at WH Ireland to upgrade their pre-tax profit forecasts by 16 per cent to £3.5m, giving EPS of 3.8p for the 12 months to March 2014, up from £2.3m and 2.5p in 2013.

[dashton42] 23/7/2013 10:04

CSG gets a Buy recommendation in IC today:

[interceptor2] 22/7/2013 13:38

I did buy back in this morning, I can't ignore such a bullish statement so early into the new financial year.

ic2...