Breedon2 Jun 2018 11:18
Potential 20 bagger in 1 to 2 years at this rate... maximum 3.5 years. When these were 4p per share I set my target at 80p per share. When I first started to accumulate these 18 months ago I had a 5 year investment timeframe in mind. Cyber security is a massive, growing industry...with GDPR and massive fines looming, a precedent is being sought for the first big fine. Companies are scrambling to not be the first and become compliant. How many companes are still not GDPR compliant as of 25th May? These big companies need help from a group like Shearwater. Look at TSB sending letters to the wrong customers - and their big IT meltdown which meant many customers couldn't access their online accounts. With many organisations moving towards digital channel shift to free up call centre contact and move to online self-service, companies cannot afford to have downtime. This is where Shearwater's drive towards digital resilence comes into its own. Nor can companies afford a data breach - if they're hacked, data is breached and they aren't GDPR compliant then there's a problem. Like Breedon, Shearwater are taking the acquisition and continual improvement route to fruition. Look at what they've done with Xcina in less than a year! Very impressive! When I first invested here I had no idea that Shearwarer were going international so soon, I thought it was just a UK play, maybe expanding to Europe next. But USA this soon is a nice pleasant surprise. Exceeding my expectations. I think there will be lots of new surprises very soon too. Lots of companies need their services. They have money in the bank...millions in fact. They have the experience, flexibility and a massive untapped market to make Shearwater huge.