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
  -0.05p -0.54% 9.25p 9.00p 9.50p 9.30p 9.25p 9.30p 58,219 09:00:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 3.5 -5.2 -5.7 - 8.83

Modern Water Share Discussion Threads

Showing 3651 to 3673 of 3675 messages
Chat Pages: 147  146  145  144  143  142  141  140  139  138  137  136  Older
DateSubjectAuthorDiscuss
14/8/2018
12:04
Think they said the China deal will be wrapped up in early September following the interim's.
pieball
14/8/2018
11:53
Might get something from China deal. Europe shuts down for the most of August
pugg1ey
14/8/2018
11:45
Results due around 13th Sept, not so sure we'll get much before then during the closed period?
argylerich
14/8/2018
11:22
Expecting a flurry of good news and ap re-rate here soon. Interim results, confirmation of Chinese investment and joint venture in early September. Gibraltar kick off.
pieball
09/8/2018
16:01
Received a nice little newsletter email, good PR for MWG.
argylerich
09/8/2018
15:56
This was posted on the MWG website. What do they mean "into Process & Control", sounds very positive. "Pleased that our most recent Modern Water plc success made it into Process & Control Today: hxxps://lnkd.in/dsA2bd4 hashtag#processandcontrol hashtag#watertreatment "
pieball
08/8/2018
13:44
Regarding their latest tweet below, should have invited a couple of 'guests' from the relevant authorities...cough;-) https://twitter.com/Modern_Water/status/1027108221960548352
pugg1ey
08/8/2018
12:46
Could be worth opening a spread bet or two...
runthejoules
08/8/2018
11:42
exactly NC that is what I am referring to
pugg1ey
08/8/2018
11:37
The main contract is worth GBP 22m; the value of the early works package that they are currently working on in advance of the main contract has not been declared but is not part of the GBP 22m.
norbert colon
08/8/2018
11:30
I understood it was worth 20 million over a few years.
pieball
08/8/2018
09:11
would be nice to get a guide on what they are being paid for this work. Mustn't be too shabby as they expressed no concerns about the cash position in the trading statement
pugg1ey
08/8/2018
08:00
Now the real work starts: the hoarding has gone up around the site on which we Modern Water plc are building Gibraltar’s Waste Water Treatment Plant. It’s an important project and we are proud to be working for HM Government of Gibraltar, together with our joint venture partners NWG (Northumbrian Water Group). hashtag#government hashtag#jointventures hashtag#watertreatment hashtag#projectplanning hashtag#wastewatertreatmentplants 
pieball
07/8/2018
12:07
And a long attention span. Kicking myself for not selling when I was up 50% here!
runthejoules
07/8/2018
09:02
AIM, where a short attention span can be costly!
argylerich
05/8/2018
14:12
Need the full contract signed off and then I think we'll see 15p
madmonkflin
03/8/2018
22:01
This is why I find the Chinese premium offer of 11p/share so interesting from a PI point of view. As slicethepie says, they will have much better visibility on the earnings in the Chinese market here, but wouldn't let MWG know of the true potential as they would want the best price for a piece of MWG. But also they would have seen the books during the DD process and this must of said to them they couldn't make a lowball offer for the shares, otherwise why not screw MWG for 5p/share and a bigger % rather than the 11p offer, if the cash position was so precarious?
pugg1ey
03/8/2018
18:16
Very half empty sir! I thought they got a payment on day 1 of the gib contract breaking ground, R & D refunds are pretty straight forward, Chinese authorities tend to be business savvy unlike our lot. The Chinese will have visibility of the potential sales pipeline which is presumably why they are so confident. At this stage it is all to play for, one sake in China or India will change this overnight.
slicethepie
03/8/2018
11:21
Well their first Trading Statement has turned out to be a bit of a disappointment. Sales from Monitoring dropping back slightly from the momentum at the AGM Statement. NO new sales from the Membrane Division. The Gib preliminary contract isn’t going to keep that Division afloat by itself as the main contract is still a long way off. Revenue £1.9m, Gross profit £1m but still £1.4m loss for H1. Losses of £233,000 month, worked back from the AGM statement means £360,000 into the finance facilities (up to £1m) already unless they’ve received the R&D refund (£165,000) Either way they are treading a tightrope of a timeline, needing the Chinese Govt approval for the investment, the new company registration, and Sunup to proceed as planned, all before the money runs out in October…. Unless they start making some sales! Getting the Chinese as investors will certainly be transformational if it all goes as planned, but they still need to sell stuff! Otherwise I can still see the Monitoring Division being sold off, which would be bananas as it’s the only bit (nearly) making money. Can only see this drifting during the next two months, especially if there are no updates on Chinese progress during the closed period up to the results.
argylerich
03/8/2018
10:28
That £20K trade has been cancelled at 9.3p and put through at 9.5p on my L2. The current sell limits are large (come on stale bulls what are you waiting for..)
pugg1ey
03/8/2018
08:06
I should clarify that by re-tender i mean they needed to update their price as they cannot hold a price for 4 years. This is in MWG best interest. Very unlikely that the Gib Govt would go elsewhere especially as MWG are in JV with Northumbrian / AquaGib.
norbert colon
03/8/2018
07:14
Surprised you think a retender would be necessary for gib, if so recent statements from gov re ground being broken this year seem highly ambitious / unlikely. Co says progressing surely that means exactly that.
slicethepie
02/8/2018
22:26
Just felt the need to clarify a few things raised in recent posts as I see them:1) MWG does not need 'some big contracts' - they would certainly be nice but frankly I would be happy for them to keep securing a number of smaller orders (without the need for an RNS) and building on them as their Clients get to know the technology. This should now start to happen with a commercial size reference project up and running (membranes) and a new distributor arrangement for Monitoring.2) MWG are at the mercy of the Gib Govt with respect to the WWTP contract at Europa Point. I believe they will need to re-tender given the price is 4 yrs old now and once the enabling works are complete the Govt should push the button to get on with the main works although if history is anything to go by this could get delayed although John Cortes was pretty firm in his words about getting on with it in the recent budget speech.3) The 11p price for the Sunup investment is simply the price Sunup were willing to pay in the same way that any other investor has a price he is willing to pay. Personally I think they could have been a bit bolder but they are not in a very strong position to negotiate given their cash / balance sheet position.I am pleased with the Trading Statement and look forward to further progress.
norbert colon
Chat Pages: 147  146  145  144  143  142  141  140  139  138  137  136  Older
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