Classic "W" formation breakout on good volume.

Fundamentals aint bad either , 5%+ dividend and forecast earnings for the current year of over 15p.

Scott Wilson Re Contract

TIDMSWG

RNS Number : 2414A
Scott Wilson Group plc
05 October 2009





5 October 2009


Scott Wilson part of consortium awarded Mersey tidal energy project


Scott Wilson Group plc ("Scott Wilson" or "the Group"), the international design
and engineering consultancy for the built and natural environments, is pleased
to announce that it is part of a consortium appointed by Peel Energy to
investigate the possibility of harnessing the Tidal energy in the Mersey
Estuary.


The Mersey has one of the largest tidal ranges in the UK and has the potential
to make a significant contribution to the Government's target to secure 15% of
UK energy from renewable sources by 2020. An initial feasibility study,
part-funded by the Northwest Regional Development Agency, will identify a single
preferred tidal power scheme that stands the greatest chance of delivering the
maximum affordable energy from the tidal resources in the Mersey Estuary. The
team will then go on to prepare a planning application for the preferred scheme.


The contract is worth up to GBP5 million over two years to the consortium.


The Scott Wilson Consortium includes 1st tier partners; Electricity de France
(EDF) and Drivers Jonas LLP and several Northwest based SME's.


Hugh Blackwood, Group Chief Executive, comments: "We are delighted to have been
selected for this pioneering project to design a sustainable method of power
generation and help secure a renewable source of energy from the Mersey River.
Our inclusion in this consortium demonstrates the growing diversity of our
expertise and ability to operate in niche, highly specialist areas of the
market."

Good move up today and looking for that fresh air!

Yep , needs to get through the 120p level and whoooooooooooooosh :-)

I think you missed an o out Dil! :o)

Will it or won't it ?

It did, so where to next? 130 by Friday?

Just into the fresh air - some volume would be nice though!

160p by xmas Kim :-)

JDG also about to breakout imo and worth a look.

Good thread on advfn.

Ah, good. I'll just start my Christmas wish list then Dil! :o)

JDG looks interesting Dil, may be a little illiquid possibly due to the small amount of shares in issue? Or have I got the wrong one? Chart certainly looks inviting! Progress is good.

Yep doesn't seem to be much liquidity Kim so be careful but it works both ways , first target 240p.

SWG could make 130p today if it carries on like this , oh joy :-)

... and just for skinny the volume is there to confirm the action.

It was my 400,000 :-)




I wish!

Yeah and the 650,000 was mine :-)

I could only manage 250,000 :o)

lol ... cheapskate :-)

:o)

In the words of the Churchill dog "oh yes .... oh yes"

skinny isn't it the wife saying that every night!