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Will we see £2 this week???
Glad to see the back of £1.30p days.
Cheers.
Whatever news is on the horizon, this is flying.
Cheers
Don't think this has anything to do with this company.
And today BP announce their sale of a stake in Shearwater . Stockopedia keep putting RNS about this Norwegian oil company called Shearwater and attributing to SWG. They did have a gold mine in Spain at one stage, probably bought as a shell company. Now we have numbers to work with I think people an see just how undervalued SWG got and still is.
agreed. a keen buyer continues its buying of small blocks, just like yesterday...
Get past £1.80p this week.
Heading back towards £2
Government is beginning a big push in the right direction.
https://www.gov.uk/government/news/new-plans-to-boost-cyber-resilience-of-uks-critical-supply-chains
Need a little bit of contracts news to push this along.
Cyber security front page headlines.
https://www.theguardian.com/us-news/2021/may/10/us-invokes-emergency-powers-after-cyberattack-shuts-crucial-fuel-pipeline
Was it my comparison with IGP? lol. Was seriously considering adding to my considerable holding at the weekend because I really believe this could double or even hit Berenbergs target of £3.80. It does look like the market agrees with my comparison and still vastly undervalued IMO. GL
Looking very strong today.
I don't know if this is a fair comparison. I know they compete in some areas but Igp have PE of 49 They have revenue of 11 million compared to SWG 32 million. They have doubled their cash position from 4 to 8 million and now debt free. Swg about 6.5 million after paying deferred VAT, and also paid off the loan note. Quite an anomaly in valuations I would say. Both their finals should be published next month
They now have the honoured distinction of some numbers in Stokopedia's traffic light boxes, nearly all green. 11.6% PE and earnings growth of 2,780%! Climbing up the value rankings too.
After a very good pre-close update with Schroder's becoming their largest holder recently, today further confirmation of confidence in the company :
Shearwater Group plc, the organisational resilience group which provides
cybersecurity, advisory and managed security services, announces that its
group company, Brookcourt Solutions Limited ("Brookcourt"), has extended its
framework arrangement with a leading British multinational investment bank and
financial services company, headquartered in London, England for a further
five years.
Looks like it was Schroder's paying top dollar again on 29th, bagging another 1.5% making them the major shareholder.
Might of been tipped somewhere.
Good revenues & making profit in a huge growth sector, had their bad patch but I feel it seems to be growing nicely now.
Cheers
It seems that we have a keen buyer out there today.
Couldn't hold the rise yesterday but plenty of support today.
Company on a upward curve now I think with improving revenues & cash balance.
Cheers
Nice solid Rise today.
New contract news now needed to keep us there.
Cheers.
* SHEARWATER GROUP PLC - SECOND HALF MOMENTUM; UNDERLYING
EBITDA
EXPECTED TO BE AHEAD OF EXPECTATIONS
* SHEARWATER GROUP PLC - EXPECTS TO REPORT FY21 UNDERLYING
EBITDA
IN EXCESS OF £3.6 MILLION
* SHEARWATER GROUP PLC - REVENUE OF £31.8M WAS DELIVERED IN
YEAR
* SHEARWATER GROUP PLC - WELL-PLACED TO NOW RETURN TO
DRIVING
GROWTH IN BUSINESS OVER COMING YEAR AND BEYOND
Overtime I read this the news looks better:
For some reason google changed ' average ' down to leverage. Something I would never recommend doing!
Its almost unreal. Iwasa bit nervous about the late reported trades, so much relieved to see us still climbing. I had been purchasing all the way down, so hopefully putting the leverage down rule to bed, and close to brake even. I still hope to make 100% though maybe not for a couple more good years. Unlike some commentators I think the board are absolutely straight hard working and desperate for success themselves. They own a lot of shares. They have a healthy community spirit. Have given free services supporting uni projects on Coronavirus. Support for a number of charities and a zero carbon neutral stance. They have delivered what they said they would aim too as well.
Holding steady, just needs a bit of PR the weekend then who knows?
Cheers
I've sold some other holdings to pile in here this morning