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See more trades and director dealings. Play the Fantasy Share Trading Game. There is currently no data for Sweett Group. Please login or register to post a message on Share Chat. RNS will there be a counter offer from WSP ? The numbers from todays results look decent but I think given the present company valuation here I think its a fair price now, was considering buying in here but instead have bought some more this morning over at SLP. Will keep a close eye here for further news, but good to see management going in the right direction here.
3 month high – have I missed something? CSG valuations, the latter having already conceded a reduction – I expected a wobble, but the SP seems to be going South at pace – am I missing something? Outcome confirms company will have a stable future. There was some risk in the price that the fine was going to be so large as to destroy all company value.
Can anyone explain why the price has been rising over the last few days? It seems a few are buying but I can’t see why other than the outcome of the SFO may come on the 12th Feb. Surely the SFO is not in the business of taking out small uk companies. A firm smack on the wrist perhaps for arguably the lack of appropriate checks and balances in foreign lands, but if individuals are determined to carry out acts of deception why penalise the hard working and law abiding majority. SFO: ‘Sweett Group PLC will be sentenced on 12th February 2016 at Southwark Crown Court. 3m on it’s own investigations and the individuals responsible have left the company here’s hoping for a measured view from the courts on the size of the fine. Having said that, there’s no monetary cap for fines for this type of conviction and it’s an unusual case i.
This seems like a very sensible move by Sweetts. The cloud hanging over is removed. I cant see how the fine could be too significant – it would seem unfair to penalise the ‘whole’ company for the actions of a rogue individual located in a satellite office. The media have completely over sensationalised this, why let the facts get in the way. The exist from the Middle East is good news also and presumably the proceeds should help reduce debt even more. The cherry on the cake is the focus back in to the real money making markets of Europe and North America. 5p is very very cheap for the potential here.