doodlebug4
- 28 Mar 2013 10:55
Tipped as a buy in the Independent today.
dreamcatcher
- 26 Jul 2013 16:28
- 21 of 67
doodlebug4.
A buy in this weeks IC - The shares are too lowly rated on just 8 times forecast earnings.
skinny
- 26 Jul 2013 16:31
- 22 of 67
Well done chaps.
doodlebug4
- 26 Jul 2013 16:31
- 23 of 67
Thank you for that dreamcatcher, I didn't know.
dreamcatcher
- 26 Jul 2013 16:32
- 24 of 67
Doing well, as skinny said well done.
doodlebug4
- 14 Aug 2013 16:20
- 26 of 67
It's never looked back since changing the company name to Sweett Group and leaving Cyril behind - apologies to anyone out there called Cyril.
doodlebug4
- 30 Aug 2013 10:50
- 27 of 67
RNS Number : 8025M
Sweett Group PLC
30 August 2013
30th August 2013
Sweett Group plc
("Sweett Group", the "Company" or "the Group")
AGM Trading Update
Michael Henderson, Chairman of Sweett Group, will make the following statement on the Group's current trading at the Annual General Meeting to be held later today.
"Following the trading update released on 22(nd) July, I am particularly pleased to inform shareholders that your Company continues to perform strongly and that the Board anticipates that the Group's results for the year ending 31(st) March 2014 will exceed management expectations. The performance for the remainder of the first half of the current year is encouraging across all of our operating regions, including a greater level of activity in our domestic UK market. As a result, I can report that the improved trading in the first quarter of this financial year announced on 22(nd) July is showing evidence of continuing in the second quarter. Furthermore, we are confident that the outlook for Sweett is very positive.
"The current order book is GBP102.5m (August 2012: GBP90.2m). Net debt at the end of July 2013 stood at GBP6.3m with an expectation of further reduction being achieved by 31(st) March 2014 and improvement in lock-up continues to be pursued vigorously.
"Looking to the future, Sweett continues to make strong progress. This is being driven by focused management, execution of the 3 year strategic plan and improved market conditions. Our prospects for the medium and longer term also look good and we have every confidence that this momentum will be maintained. It is my belief that within the next two years Sweett Group can grow to a GBP100m turnover business with margins recovering to 7-8%. The Board looks forward to providing a further update in mid-October 2013 following the end of the half year."
A presentation will be given to shareholders present at the meeting which will be made available on the Company's website www.sweettgroup.comfollowing the conclusion of the meeting.
doodlebug4
- 02 Sep 2013 12:11
- 28 of 67
Sweett Group wins HK tunnel contract
StockMarketWire.com
Sweett Group has secured a commission to provide cost management services for a 2km submerged cross harbour rail tunnel in Hong Kong.
As part of a team led by engineering firm AECOM, Sweett Group will provide cost management services for the 4th Cross Harbour Rail Tunnel, part of the Shatin to Central Link (SCL) railway, including cost planning, bills of quantities and tender cost estimates.
The project works include temporary reclamation, immersed tube tunnel under the Victoria Harbour, cut-and-cover tunnel, ventilation building, marine piling and the reprovisioning of a finger pier.
The tunnel construction is scheduled for completion by 2020.
Funded by the Hong Kong government and delivered by the MTR Corporation, Hong Kong's rail infrastructure developer and operator, the 4th Cross Harbour Rail Tunnel will run from Causeway Bay, on Hong Kong Island, under the harbour to Hung Hom station, in Kowloon.
doodlebug4
- 05 Sep 2013 13:02
- 29 of 67
Target 58p
05 Sep 2013 Sweett Group PLC CSG Westhouse Securities Buy 44.25 43.25 58.00 58.00 Retains
doodlebug4
- 13 Sep 2013 16:46
- 30 of 67
RNS Number : 8926N
Sweett Group PLC
13 September 2013
Sweett Group plc
("Sweett Group" or "the Group")
Opening of New Jersey Office
Sweett Group, the international property and infrastructure consultancy, is pleased to announce that VVA Sweett Inc., the Group's North American joint venture with VVA, has opened an office in Mountainside, New Jersey (NJ), North America. VVA Sweett Inc, has offices in New York, Washington DC, Los Angeles and Boston. John Crandall*, a highly experienced project manager and veteran of the NJ real estate market, will serve as Managing Director. This marks another significant step in achieving Sweett Group's long-term growth strategy and expansion of its global platform in North America.
Dean Webster, Chief Executive Officer of Sweett Group, said, "We are extremely pleased to announce VVA Sweett's further expansion and our ability to serve the needs of the Jersey real estate market."
Lorenzo Vascotto, Founding Partner and Managing Director of VVA LLC, commented "VVA Sweett New Jersey will serve this robust marketplace, while leveraging the firm's global expertise and resources. 2013 has been an exciting year, marked by our expansion into New England with an office in downtown Boston, and followed by the opening of a West Coast office in Los Angeles. The NJ office advances an already successful initiative."
doodlebug4
- 27 Sep 2013 16:17
- 31 of 67
Looking at the chart - where do we go from here? The move North has been pretty relentless.
skinny
- 27 Sep 2013 16:27
- 32 of 67
dreamcatcher
- 27 Sep 2013 16:30
- 33 of 67
Very nice chart. :-)) well done all. To infinity and beyond. lol
doodlebug4
- 27 Sep 2013 17:02
- 34 of 67
The Independent must be feeling quite pleased with themselves - tipped this on 28th March.:-)
skinny
- 27 Sep 2013 17:04
- 35 of 67
Unfortunately I am just a spectator! :-(
dreamcatcher
- 27 Sep 2013 17:05
- 36 of 67
Poor skinny, me too if it helps. lol
doodlebug4
- 24 Oct 2013 09:36
- 37 of 67
Trading Update
RNS
RNS Number : 2491R
Sweett Group PLC
24 October 2013
24 October 2013
Sweett Group plc ("Sweett Group" or the "Group")
Trading Update
Sweett Group (AIM: CSG), the international construction and property consultancy, is pleased to provide the following trading update in advance of publication of its unaudited half-year results for the six months ended 30 September 2013.
Each part of the business has performed well and has contributed to a very positive overall performance in the first half of the year.
In Europe, of which for Sweett Group the UK is the major constituent, we have performed strongly. There have been clear signs of increased activity across all our markets. This has coincided with our continued diversification across a range of sectors. Our more traditional markets, including Retail, Commercial and Healthcare, have all demonstrated improving momentum. Our strategy to develop market share in the Transport, Energy and Infrastructure sectors is proving well judged. The financial close of the Leeds Social Housing project, which was announced in July, has contributed additional profits in the period in our Investments operation.
Our Middle East business, which is concentrated mainly in the UAE and the Kingdom of Saudi Arabia, has had a steady start to the year. The region is experiencing a resurgence in terms of activity and, through careful targeting and strong client relationships, we are steadily growing our order book. We have followed a strategy to target clients in sectors where our offer is the most compelling.
The Indian business continues to grow at a healthy pace serving both local developers and international corporate clients. We have recently established an office in Kolkata, our fifth in the country.
Our Asia Pacific business is trading in line with management's expectations while continuing to invest in service diversification and geographical expansion into further Asian hub cities. Operations in China have successfully moved emphasis from the residential sector into commercial and hi-tech sectors and we have commenced delivery of a combined Project Management and Cost Management Service in China principally servicing international corporates and foreign direct investors. In Hong Kong we are engaged in the very active infrastructure and engineering sectors providing cost management, programming and scheduling, contract advisory and claims services and across all offices in Asia and Australia we are growing a combined regional Project Management service structured to provide the international delivery standards required by our multi-national client base.
During the period, predominantly in the second quarter, the Group has unwound the whole of its Australian dollar derivative contract. The financial impact of this is a credit of approximately £1m to finance income which is virtually free of corporation tax and will be reflected in the Group's half-year results for the six months ended 30 September 2013. This is in excess of management's previous expectations and more than recovers the costs expensed in respect of this contract in previous years' financial statements, which totalled £874,000.
The Group's performance since the trading update at our AGM on 30 August has continued to be strong. For the reasons described above, trading operations have maintained the positive momentum referred to at the AGM. As a result, the Board anticipates that the Group's results for the year ending 31 March 2014 will be slightly ahead of management's expectations. Furthermore, the full year profit before taxation will also be increased by the £1m referred to above. Our efforts to achieve the objectives of our 3 year plan of turnover growth and margin improvement remain firmly on track.
The Board expects to announce the Group's unaudited half-year results on 3rd December 2013 and looks forward to providing a further update at that time.
skinny
- 24 Oct 2013 10:45
- 38 of 67
doodlebug4
- 24 Oct 2013 10:50
- 39 of 67
I've been there many times with other shares skinny and probably quite a few that you have in your portfolio at the moment!
doodlebug4
- 24 Oct 2013 11:01
- 40 of 67
Westhouse Securities target 70p.
24 Oct 2013 Sweett Group PLC CSG Westhouse Securities Buy 52.00 48.50 58.00 70.00 Retains