Shearwater (#SWG) – anticipates FY “slightly ahead of market expectations”

Shearwater – “Contract wins” and “momentum is continuing to build through H2”, but it needs to be!…

‘Cybersecurity, advisory and managed security services group’ Shearwater (SWG) has issued a “£2.3m Contract wins” announcement, with CEO Phil Higgins “delighted to secure this landmark contract with a prestigious global financial organisation, as well as a number of smaller deals in the past week which include further penetration of central Government, a strategic priority for the group” and it added “momentum is continuing to build through H2”. What of this and the shares currently 4% higher in response at 39p?

Shearwater – “FY24 Trading Update” is a material lack-of-profit warning after the year-end!

A “FY24 Trading Update” announcement from “cybersecurity, advisory and managed security services group” Shearwater (SWG) concludes with “it is important to note that nearly half of the Shearwater market valuation is represented by the £5 million of cash announced today. This attributes precious little value for what is a profitable company with a solid market position and growth opportunities, and one in which the board continues to see growth potential as we strive to improve returns”. However, emphasising such tends to mean its current ‘returns’ aren’t good and what of the shares currently more than 12% lower on the day at 43.5p?

Shearwater (#SWG) – larger contracts agreement delays warning, argues during this year “confidence in returning to growth”

Shearwater (#SWG) – notes improving trading, though audit process completion results delay to now expected 5th September

Shearwater (#SWG) – expects FY even adj. EBITDA down to “around breakeven”, notes now current year “improving market conditions”

Shearwater – CEO investment vehicle shares purchases, trying to spoof others?

“Cybersecurity, advisory and managed security services” group Shearwater (SWG) has announced that an investment vehicle in which CEO Phil Higgins has a beneficial interest has, in recent days, purchased an aggregate of 60,000 shares. What to make of this?

Shearwater (#SWG) – profit warning, notes “macroeconomic challenges impacted customers”

Shearwater Group – attractive recovery potential?

Shares in “cybersecurity, advisory and managed security services group” Shearwater (SWG) approached 140p last summer and were above 115p in November before results for its half-year ended 30^th September 2022. Having commenced 2023 at 100p, the shares are now available at a 95p offer price and we consider that there is attractive recovery potential from here.

Shearwater – interims and traditionally weighted second half “has started strongly”, still a Buy?

Technology security services group Shearwater (SWG) has announced results for its half-year ended 30th September 2022 and that it remains “confident, based on delivering the existing pipeline of opportunities”. So what’s the half-year detail and what of a current 95.5p share price?

Shearwater – full-year trading update, ahead of expectations, don't bank gains yet!

Cybersecurity group Shearwater (SWG) has emphasised a “set of market-beating numbers… we remain excited for what the future holds”. What of a share price response up to 140p?

Shearwater – major contract win for a winning share tip: set for earnings upgrades?

Cybersecurity group, Shearwater (SWG), has announced a “new contract win, to the potential value of up to c.£21.0m, with a leading telecommunications and media company”, helping its shares more than 25% higher, to 138p, in response.

Shearwater – contract win, boosts confidence in meeting full-year forecasts: BUY

Cybersecurity group Shearwater (SWG) has announced a three-year contract with a global financial organisation, totalling $4.1 million, to provide the customer with security software across the breadth of its operations.

Buy Shearwater Group

Shares in cyber security group Shearwater (SWG) are down from more than 200p reached early last summer and more than 140p as recently as November to currently 99p to buy. There is clear trading expectations risk, but also reasons for optimism that the shares will spark again and they now look a risk/reward Buy.

Shearwater Group – argues half-year positives, but significant second half improvement required?

Cybersecurity group Shearwater (SWG) has announced results for its half-year ended 30th September 2021, emphasising “Enhanced margins across the group and strong adjusted EBITDA growth”. So what of a share price still down from around 140p at the start of the month to just over 120p?...

Shearwater – “demand… has remained high across the group”. Has it?...

Cybersecurity group Shearwater (SWG) states that it “is pleased to provide an update on trading”. So why are the shares currently more than 7% lower towards 130p?...

Shearwater (#SWG) – “previously announced delays in recognising secured orders have come through in the current quarter”

Shearwater (#SWG) – revenue & “underlying EBITDA profit” tracking in line with expectations

Shearwater (#SWG) – proposed placing “to raise minimum gross proceeds of approximately £2.5 million at 240 pence per share”

Shearwater (#SWG) – H1 organic revenue growth “approximately 10%”, though company is “approximately two thirds second half weighted”