ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SWP Swp Grp.

8.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
SWP Group Investors - SWP

SWP Group Investors - SWP

Share Name Share Symbol Market Stock Type
Swp Grp. SWP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 8.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
8.75
more quote information »

Top Investor Posts

Top Posts
Posted at 27/3/2014 11:32 by norbert colon
Yes, very pleased with these results and it will be great to see the FY dividend increase to say 0.0025p which would still be covered twice (by my calcs) and would mean a dividend (at my cost average) of around 3% which will be very nice.

It seems there is a lot of potential here and whilst on PE perspective they are not cheap (I think a PE of around 15 for 2015 by my draft estimates), they are otherwise still undervalued but over time I am looking for that to correct itself and in the interim the downside is limited and that is always of paramount importance especially given the current market sentiment.

Any investors interested in a trip to Telford to see the new ULVA machine? I am planning to speak to the BoD to see if such a visit could be arranged.
Posted at 27/11/2009 15:11 by tom.b
good write up in the investors chronicle
has anybody read it
Posted at 25/1/2006 12:59 by johnnyad
BB, could do with a chartists view on this, know anyone?

No agm announcement, what a shower, got no idea about investor relations!!

My feeling following chat with rep at agm is they could turn evens or a small profit at interims, in which case market would probably look to revalue to say £14-16M and await full year. However, the way it's moving at present I'm wondering if we have a shortage of stock, or they're taking the mickey and attempting a trap.

Wish I knew more, AIMHO, DYOR

J
Posted at 07/2/2001 11:54 by britishbear
Building on the news that SWP is looking for a reverse takeover there has been a series of 400,000 shares bought today in individual lots of 25,000.

The question is why and what the link is to the potential takeover/disposal of assets.

From City-Wire (dated JAN 4th 2001)
The finance director of SWP Group has added to his holding in the ailing construction company that has ambitions to become a shell - but the shares continue to hover close to last year’s low.

James Walker added 1 million shares to his holding on 28 December at 2p each, at a total cost of £20,000. He now has an interest in 8.2 million shares in the £7.13 million minnow.

Walker bought 1 million shares in two separate 500,000 share purchases last August. The first tranche cost him 1.95p per share and the second 2p per share.

SWP’s (SWP) share price is currently 2.25p, unchanged from yesterday and only slightly above the 2000 low of 1.75p. The price did hit 4p early in 2000 but this couldn’t be sustained and it fell to 1.75p in April. Despite a rally to 3.5p in November it has slipped back once again.

SWP’s board is currently looking to dispose of its three divisions and refocus on a different sector, probably through a reverse takeover. This was discussed at length by the board in the final results in October when SWP posted its third consecutive full-year loss, this time of £20,000 from sales of £13.5 million.

The company said: ‘We are operating within an old economy industry. At present the investment community has little appetite for companies in such industries…which makes it difficult to raise the level of funds required to support the acquisition programme necessary to deliver economies of scale within the group.'

SWP believes the best means of enhancing shareholder value would be to dispose of its subsidiaries and acquire, possibly through a reverse takeover, a business whose prospects are likely to be more highly valued by investors.

The three divisions for sale are Fullflow, Crescent of Cambridge and DRC Polymer Products.

Fullflow manufactures and installs symphonic roof drainage systems, Crescent produces spiral and helical staircases while DRC supplies polymer-based sheet materials for roofing and waterproofing.
©2001 citywire.co.uk

Your Recent History

Delayed Upgrade Clock