Share Name Share Symbol Market Type Share ISIN Share Description
Modern Water LSE:MWG London Ordinary Share GB00B1XF5X66 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 9.625p 9.50p 9.75p 9.625p 9.375p 9.625p 193,516 10:16:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 3.6 -2.6 -2.6 - 9.18

Modern Water Share Discussion Threads

Showing 2801 to 2819 of 2825 messages
Chat Pages: 113  112  111  110  109  108  107  106  105  104  103  102  Older
DateSubjectAuthorDiscuss
20/9/2017
09:14
He's probably busy dumping his shares... imho
targatarga
19/9/2017
16:27
A new low put in
basem1
19/9/2017
15:38
The next step is probably selling off the monitoring division to buy some more time. The big question is will it succeed? I sincerely hope so and will be watching from the sidelines until we get real progress.
argylerich
19/9/2017
15:13
Last placing was at 11p.As joeblogg2 notes now below - So how mnay will cut and run ? Main hope is Gib - If that fails could go the way of Nature after their Gib explosion!
pugugly
19/9/2017
13:31
now below last placing, need some contracts soon!!!
joeblogg2
13/9/2017
12:34
Just don't expect anything too quickly Joe. The MSF with Bilfinger is just a pilot, nothing more, the results of which will take who-knows how long to be verified. For example, our pilot desalination plant in Oman, at Al-Khaluf, was started in 2008/9 and MWG have sold one AquaPak since then! Our tech-proving plant in Gibraltar has been running even longer. I'm definitely on the sidelines for now.
argylerich
13/9/2017
12:06
Not happy they have not secured more bigger contracts :(( However they do state: A £1.75m share placing (£1.61m net of costs) was completed at 11p in May 2017 and was supported by management, new institutional shareholders and high net worth individuals. This, together with the £500k receivables facility in place since December 2016, gives us the resources to reach cash flow breakeven without compromising our investment plans.
joeblogg2
13/9/2017
08:44
dave454513 Sep '17 - 08:27 - 1638 of 1639 0 0 " Overall, the operating loss for the period was reduced by GBP188k to GBP1.65m" That is not very good really. With only £1.53m in the bank at 30/6, it also means that they'll of spent their fund raise by year end :-(
argylerich
13/9/2017
08:32
Yep, fair point. I did sell yesterday in anticipation of nothing new in the results, it takes excellent news to move stocks on results day. On the watchlist and will buy any significant contract news.
basem1
13/9/2017
08:27
" Overall, the operating loss for the period was reduced by GBP188k to GBP1.65m" That is not very good really.
dave4545
13/9/2017
08:11
Definitely not the progress we've been looking for. It looks like they are returning to fill their announcements with aspirations rather than achievements again. It was too much like that under McDougall. Monitoring sales have actually fallen heavily since H2 16, going from £2346000 to £1255000. The phrasing 'now stand alone' when referring to monitoring seems to indicate where they will be getting their next capital raise from.
argylerich
13/9/2017
08:09
Poor results for me. The market cap is not 2-3 mill it's 11 million I'm surprised the mm's marked it up and surprised somebody bought first trade. How on earth did this get to nearly 40p recently ???
dave4545
13/9/2017
08:06
Quite right bookbroker, should already be helped by our humungeous international aid budget but unfortunately helping upcoming British companies is not on the govt's agenda.
dozey3
13/9/2017
07:52
Likely to build some traction in the third world, get some over to the Caribbean, likely to be a shortage of water processing equipment!
bookbroker
13/9/2017
07:51
I think they are pretty positive results and I'm not sure further funding will be needed. It is all down to sales, however. If the Gib deal goes through and if they gain traction in the membrane markets then this can grow quickly. It seems they sold 3 membrane kits for around £100k a pop, so a few more will make a difference.
mad foetus
13/9/2017
07:49
Cash burn suggests may well need to come back for further funding.
pugugly
13/9/2017
07:24
Should have stuck with CPX basem1
pugg1ey
13/9/2017
07:11
Mildly positive but not enough for a rise ? We shall see
basem1
12/9/2017
09:31
Interims have generally been between 14-18 September so could be any time.
mad foetus
Chat Pages: 113  112  111  110  109  108  107  106  105  104  103  102  Older
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