24.12.2024
On Monday 3rd April last year, I wrote that I considered that Windward was an exciting takeover possibility – with its shares then at 37.5p.
I considered that:
Windward is a leading predictive intelligence company, fusing artificial intelligence and maritime expertise seeking to digitalise the global maritime industry.
It is still developing its products and services, but I do believe that its marketplace is massive.
I can also see it making substantial profits within the next few years.
However, before that comes to pass, I predict that it could well be the subject of a takeover approach or two from bigger players within the shipping services sector.
Just think how well its services could tuck into the fold within my sector favourite Braemar.
Although it is still loss-making, I am excited by this little company’s mega-potential.
And what is more its Software as a Service subscription model is boasting a cracking 99% Annual Recurring Revenue – I just love it!
With its shares at just 37.5p, my Target Price of 47p is an incredibly conservative objective, which I believe will be easily achieved within weeks.
Following this morning’s £216m cash bid from Octopus UK Bidco I would have thought that the best thing to do is to TAKE THE CASH AND RUN – but back straight away back into the market.
That is a phenomenal 573% return in 18 months!
(Profile 03.04.23 @ 37.5p set a Target Price of 47p*)
(Profile 13.12.23 @ 80p set a Target Price of 100p*)
****** A good chunk of those funds should perhaps be invested straight away into SRT Marine Services (LON:SRT) at 41p.
(Asterisks * denote that Target Prices have been achieved since Profile publication)
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