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So what P?
Placing price irrelevant for the bulk of investors who have bought in here in the last year...
Why are you hanging around here?
Disgruntled because you paid too much?
Hope to rubbish others efforts to make some money?
Its all a bit pointless really isn't it?
Pinochhio - why hang around here talking ****e? - your last quote 10th April was "You must be joking. This outfit is going nowhere fast. A dreadful disappointment in a vibrant sector".
I guess you got that 100% wrong....
Why would anyone take any comment you make on here seriously?
Yes probably rubbish for you. Or better word disaster if you’re shorting it
That’s a massive deal and can only lead to further contacts.
Should see 180 by close today
Fantastic stuff - the re-rate from here could be pretty significant.
Over £4m additional revenues per annum for likely the next 5 years - the market loves this kind of forward visibility:
Https://uk.advfn.com/stock-market/london/shearwater-SWG/share-news/Shearwater-Group-PLC-Contract-Win/87820121
There has been quite a few decent buys lately. Maybe someone knows that the trading results are going to be very good. Still ridiculously under valued.
Didn't Pinocchio 's nose grow ever bigger with all the lies he told?
Osi reported contracts being signed at a rate not seen since 2019, let us hope there is a read across to Swg.
SP moving higher.
Hi mindhound - I'm perfectly capable of checking the RNS's, the HY and FY results. Also checking investor presentation etc. Thank you.
We know why SWG is undervalued as H1 revenue and cash was down YoY. SWG typically picks up 66% of revenue in H2, so there is a risk for shareholders that they may miss their targets. We also know this share is traded thinly as only 23m shares in circulation, so a few PI's nervously selling shares, can lead to big drops in the share price...
It is however in a hot sector and I'd expect further contract wins and therein lies the opportunity...
The $64M question is why are you still here?
Did you participate in a fund raise at a higher price and get burnt? Perhaps had to fire sell your shares for some reason. If that's the case, its fine. As an honest PI trader / investor - we've all got it wrong sometimes, either bought too high or prior to results which disappointed. There's no shame in calling it wrong. Likewise there's some companies I've lost money as can't seem to get the timing right. I just avoid rather than getting angry on the BBs. Suggest you focus your energies in a positive way...
Just take some time to look at the performance record of this outfit since it was 'born' out of the ashes of Aurum. Bearing in mind the sector that it represents and the market demand for such technology, does it not strike you as strange that the Board has managed to destroy such a high percentage of shareholder value in double-quick time.
Instead of bleating about me - check your facts and then apologise.
Not 'sad' , not 'shorting' no vendetta and not 'trolling'. Just reporting a logical opinion based on historic FACTS. Something that you appear to be blissfully unaware of. Check 'em. You will find the record in what are called RNSs !!!!.
Well said Rich. Some people are so sad
So Minehound, you obviously don't like Shearwater Group or its performance or its people and keep posting negative posts to that effect here on this forum.
BUT WHY????
Either a) You are hoping to buy the share cheaper - but you could have bought in at 73p and made a handsome profit. OR b) You are shorting SWG? OR c) You have some sort of personal vendetta against the business and / or its Directors eg You are an ex employee, perhaps?
Can I respectfully suggest you do something more productive with your time, as your posts are making you look like some $2/hour troll.
So are you invested?
Nope. Wife still here but if you remain objective and track SWG's history from re-birth since the Aurum days it has been a disaster in a sector that was, and still is, booming.
Just look at the metrics of the acquisitions and their performance relative to the price paid.
Https://masterinvestor.co.uk/equities/taking-a-bullish-small-cap-look-at-kape-mpe-elix-and-swg/
"Shearwater Group (LON:SWG) – new contract brings about the setting of a new Target Price
In a few weeks we should be getting a Post Close Trading Update from this cybersecurity, advisory and managed security services.
Late last week the group reported a significant $4.1m contract win from an existing financial services customer requiring a new zero-day attack prevention system.
Analyst Simon Strong at Cenkos Securities is estimating that the current year, ending 31 March, will show £34.0m revenues (£31.8m) and a fractional loss of just £0.3m (£nil). After tax generation enables a guesstimate of 11.4p per share in earnings (10.4p) but no dividends.
He goes for £37.4m this year of sales and a recovery to an adjusted pre-tax profit of £0.5m, worth 13.8p per share in earnings and again no dividend.
In rating the group’s shares as a ‘buy’ Strong suggests that they have a ‘fair value of over 200p each.
I have not covered myself in any glory, as yet, in having Profiled the company almost two Covid-19 years ago.
However, I now seek to offer some recompense to readers – by suggesting that Shearwater Group shares, currently at 118p, are heading a great deal higher.
My new Target Price is an easy 145p."
@ minehound. You seem very bitter and twisted. What’s your story. Are you shorting or has one of the bod’s run off with your wife ?
Anyway. It’s another contract win, looks like they will keep coming. Well done guys
Very modest contract win as regards size for this sector.
Next week they may announce they have gained a new 10p contract for an extra lollipop. Pretty pathetic this.
It will only recover and progress through a merger and with different leadership.
Excellent new contract win. Decent size at £620k, but a very interesting application "to help enable forensic monitoring of the organisation's new 5G network" which should piggyback on the coming growth in 5G:
Https://uk.advfn.com/stock-market/london/shearwater-SWG/share-news/Shearwater-Group-PLC-Contract-Win/87640288
I have noticed over the last couple of weeks some very large sells. One last of 42k and another this morning of 56k.
With the news that we have just had of the contract win and with Cenkos reiterating their forecast of 200+ this can only be a distressed seller. Not sure how much stock they still need to sell but as soon as they have cleared this will rocket. A great opportunity to take advantage of their distressed position. Anyone have a clue who is selling. It must be one of the larger shareholders if they didn’t have to sell the price would now be well over 150
Spoke to my broker again just now. Once again it’s very well Bid. Bidding is now strong @ 1.22 and very little offered @1.25. Hold tight this is a solid investment
Cheers StayLong - certainly looking good approaching the year end and the run-up to April's trading update.
I just spoke with my broker. MM’s are currently bidding for 15,000 @ 111.50 and a further 25,000 @ 111.25. For offer there is only 2,000 available @114.50 and 2,000 @ 117. 00
This is should pass £1.50 very quickly. Looks like some they have found new investors. Don’t give away your stock
Biden warns of elevated risk of Russian cyber attacks. Looks like Shearwater may well have a few more contracts coming their way. Berenberg Bank has been rating this at 380 for the last 2 years. Recent Cenkos rating 200+
.... looking an interesting possible bolt-on.
We just need to get the word out there and this will re rate very quickly. Just bought some more at 99p
Looks like a no brainer to me.