Classic "W" formation breakout on good volume.

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

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!

:-)

Someone just paid 130p Kim , oh joy :-)

Off a bit in auction, and I've moved my stop - which is nice :-)

Posted 5/10/09 by davebowler on advfn:

Brewins;

Scott Wilson is a leading global multi-disciplinary consultant which we believe is being fundamentally undervalued by the market. In our view the April 2010 P/E of 6.5x in no way reflects the quality/industry standing of the business, its diversity (better illustrated by the new reporting structure), exposure to the emerging markets infrastructure investment boom, and a market position which we believe would be very attractive to overseas predators. Following recent contract awards which have taken order book visibility to above historical levels, we increase our 12m target price to 207p (Dec 10 EV/EBITA 7.9x, PER ex pensions 11.7x) from 125p and add Scott Wilson to our Conviction Buy list.

A trading statement is due on 29/10/09

Yes! 130p! Well for a moment anyway Dil! A good week.

Very good week Kim ... Brewin are making me look a bit of a cheapskate but in fairness their target is a 12 month one while mine is by xmas :-)

Well, xmas is almost here, just back from Chester and looking around the shops you'd think it was next week! I'm sure xmas only lasted 3 weeks when I was a young lad!!

Trying 130 again.

Big fight still going on around the 130p level

Next leg coming .... I seen it in the tea leaves :-)