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
  -0.10p -1.09% 9.05p 8.70p 9.40p 9.15p 9.05p 9.15p 14,989 15:38:47
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 3.5 -5.2 -5.7 - 8.63

Modern Water Share Discussion Threads

Showing 3326 to 3350 of 3350 messages
Chat Pages: 134  133  132  131  130  129  128  127  126  125  124  123  Older
DateSubjectAuthorDiscuss
03/5/2018
11:40
Dave you back in yet? Lol
babbler
03/5/2018
11:16
hxxp://www.modernwater.com/latestnews/2017/modern-water-to-contribute-to-cutting-edge-graphene-research-with-the-masdar-institute-and-the-university-of-manchester and today in the Telegraph.... http://www.telegraph.co.uk/news/2018/05/03/graphene-wonder-material-could-solve-worlds-water-crisis/ well spotted by Tired and Confused over on iii
pugg1ey
02/5/2018
19:24
An article from ii this time last year.. I thought I'd just post it up in case it happens again :-) How Modern Water shares made a 500% profit in five weeks By Lee Wild | Wed, 10th May 2017 - 13:54 How Modern Water shares made a 500% profit in five weeks We wrote recently about how investors could have doubled their money in less than four months. In fact, there were 42 companies who would have returned 100% or more between the end of December and late April. Now, there's another to add to the list, and its performance is quite amazing. AIM-listed Modern Water (MWG) started the year at just 6.24p, and little happened until April. Today they changed hands for as much as 38.41p. So why have they rocketed a phenomenal 510% since the 6.3p close at the end of March? The likely answer can be traced back to a regulatory news announcement in October 2014 when chief executive and co-founder Simon Humphrey told us a joint venture with Northumbrian Water had won a £22 million contract to build a new wastewater treatment plant in Gibraltar. Modern Water has spent more than £20 million over the past decade developing technologies that help supply fresh water and both treat and recycle waste water. A membranes division houses its Forward Osmosis (FO) platform for seawater desalination, while its monitoring business makes instruments to analyse and monitor contaminants in water, soil and food. Alongside final results in March we heard that nothing had changed with the Gibraltar contract, although "given the region's current challenge following the Brexit vote, uncertainty remains over potential timescales". The sale last month of its FO technology for seawater desalination to Hangzhou Water in China was well-received, as was news it had appointed an experienced vice-president of global sales and a sales manager in China. But it is last week's European Court of Justice ruling that the UK government broke EU clean water laws that really lit the touch paper. Overflow pipes used to relieve pressure on Britain's ageing sewage system meant excessive waste was discharged into the sea off Carmarthenshire, a protected area. There were also numerous breaches around the handling of waste water in England and Gibraltar. And it's the Gibraltar ruling that's interesting. Finding the UK guilty of failing to fulfil its obligations under EU law by not treating Gibraltar urban waste water, might just prompt politicians to speed up the wastewater treatment plant project. Clearly timing is an issue here, and there's no guidance currently. It's also worth asking whether the contract justifies a market capitalisation at the 38p peak of over £30 million. In January it was less than £5 million. Analysts at WH Ireland appear to have a pretty good grasp of things. In February, the broker initiated coverage of the company, slapping a price target of 15p on the shares when they were worth just 6.25p. "With its now proven technologies, we believe that the market opportunity is significant, if the group can execute its commercialisation strategy successfully," wrote John Cummins. While "not easy" to place a fair value on a company at this stage, his target was "supported by both multiples ascribed in the monitoring sector and [intellectual property] held within membranes". Crucially, he admitted assumptions for the divisions were "conservative" and that forecasts would include none of the potential benefit of the Gibraltar contract until there is greater clarity. Well, things may be about to get a great deal clearer.
richie1218
02/5/2018
19:19
An article from ii this time last year.. I thought I'd just post it up in case it happens again :-) How Modern Water shares made a 500% profit in five weeks By Lee Wild | Wed, 10th May 2017 - 13:54 How Modern Water shares made a 500% profit in five weeks We wrote recently about how investors could have doubled their money in less than four months. In fact, there were 42 companies who would have returned 100% or more between the end of December and late April. Now, there's another to add to the list, and its performance is quite amazing. AIM-listed Modern Water (MWG) started the year at just 6.24p, and little happened until April. Today they changed hands for as much as 38.41p. So why have they rocketed a phenomenal 510% since the 6.3p close at the end of March? The likely answer can be traced back to a regulatory news announcement in October 2014 when chief executive and co-founder Simon Humphrey told us a joint venture with Northumbrian Water had won a £22 million contract to build a new wastewater treatment plant in Gibraltar. Modern Water has spent more than £20 million over the past decade developing technologies that help supply fresh water and both treat and recycle waste water. A membranes division houses its Forward Osmosis (FO) platform for seawater desalination, while its monitoring business makes instruments to analyse and monitor contaminants in water, soil and food. Alongside final results in March we heard that nothing had changed with the Gibraltar contract, although "given the region's current challenge following the Brexit vote, uncertainty remains over potential timescales". The sale last month of its FO technology for seawater desalination to Hangzhou Water in China was well-received, as was news it had appointed an experienced vice-president of global sales and a sales manager in China. But it is last week's European Court of Justice ruling that the UK government broke EU clean water laws that really lit the touch paper. Overflow pipes used to relieve pressure on Britain's ageing sewage system meant excessive waste was discharged into the sea off Carmarthenshire, a protected area. There were also numerous breaches around the handling of waste water in England and Gibraltar. And it's the Gibraltar ruling that's interesting. Finding the UK guilty of failing to fulfil its obligations under EU law by not treating Gibraltar urban waste water, might just prompt politicians to speed up the wastewater treatment plant project. Clearly timing is an issue here, and there's no guidance currently. It's also worth asking whether the contract justifies a market capitalisation at the 38p peak of over £30 million. In January it was less than £5 million. Analysts at WH Ireland appear to have a pretty good grasp of things. In February, the broker initiated coverage of the company, slapping a price target of 15p on the shares when they were worth just 6.25p. "With its now proven technologies, we believe that the market opportunity is significant, if the group can execute its commercialisation strategy successfully," wrote John Cummins. While "not easy" to place a fair value on a company at this stage, his target was "supported by both multiples ascribed in the monitoring sector and [intellectual property] held within membranes". Crucially, he admitted assumptions for the divisions were "conservative" and that forecasts would include none of the potential benefit of the Gibraltar contract until there is greater clarity. Well, things may be about to get a great deal clearer.
richie1218
02/5/2018
08:50
"The original oversubscribed placing for MWG's launch in 2007 was at 119p, which valued the company at £70m on admission. Directors subscribed almost £0.5m at the time. Listed in the UK on AIM." £70m would be about 75p today.
top tips
02/5/2018
08:47
Should be back above 40p especially with the Gibraltar contract now guaranteeing the company for at least 20 years.
top tips
02/5/2018
08:47
hTTps://twitter.com/modern_water?lang=en @Modern_Water Apr 30 @Modern_Water recently completed commissioning of a Monitoring Station for a major power generation company in Middle East to help ensure environmental compliance, monitoring critical parameters such as Chlorine, PH, Aluminum and 12 trace metals: hxxp://www.modernwater.com/monitoring
top tips
30/4/2018
12:41
saw that as well Richie. gone into twitter overdrive...now just need to go into income overdrive:-)
pugg1ey
30/4/2018
12:11
30/04/18 Successful Commissioning of Monitoring Station for Major Middle East Power Company Modern Water’s Monitoring Division recently completed a commissioning of Monitoring Station for a major power generation company in the Middle East to help ensure environmental compliance. The Monitoring Station monitors critical parameters such as Chlorine, PH, Aluminum and 12 critical trace metals. The station includes two of Modern Water’s state of the art MicroTrace OVA online trace metal monitors.
richie1218
25/4/2018
13:04
They are presenting at the Mello conference tomorrow afternoon at 3-30 https://twitter.com/MelloEventsUK
ohisay
25/4/2018
12:38
These are still 40% down from the Gibraltar RNS so still plenty of profit to be made for new investors here imho. You could always stick some dosh on DFX.....huge takeover rumours at £1+ minimum. Current share price is 38p.....do the maths!
cudmore
25/4/2018
11:45
I don't doubt that...
babbler
25/4/2018
11:37
Good luck. Will return to the thread the next time I buy in.
dave4545
25/4/2018
11:35
Mwg has more than most... Imo... With the recent contact don't forget....
babbler
25/4/2018
11:31
No regrets Babbler I bought loads below 6.5p and sold them for a nice profit. The market is mad at the moment for none profitable stocks, lots of them getting chased through the roof and Mwg is joining in the fun
dave4545
25/4/2018
11:28
Dave almost 9p now...
babbler
25/4/2018
10:58
Cash Dec 31 2017 £500K Cash April 20 2018 £343K Loan untouched so there as a buffer Net cash position works both ways as in they will have money coming in from 30,60,90 payment term contracts that have been done. and most importantly they are getting paid for some Gibraltar work
pugg1ey
25/4/2018
10:57
Babbler I'm not going to say why otherwise it would be seen as deramping or sour grapes so again good luck.
dave4545
25/4/2018
10:50
Dave you sold??? Crazy man selling after that news... And it will be above 10 by next week imo.
babbler
25/4/2018
10:49
Cash position NOT NET CASH, always a worry as to what are the liabilities that have to be funded/paid - Cash can always be manipulated by delaying payments to creditors (imo)
pugugly
25/4/2018
10:46
anybody at the AGM able to post?
pugg1ey
25/4/2018
10:45
must be sounding positive to some investors at the AGM as more buying
pugg1ey
25/4/2018
09:36
Turn around time for MWG. Could be happy days ahead and now successfully underpinned by Gibraltar.
top tips
25/4/2018
09:04
yep. have to wait for hottingup to exit on their trade, probably about 5000 shares :-)
pugg1ey
25/4/2018
08:58
As I said good luck Pugg. If hottingup pastes the same article 500 times you might indeed get your spike :-))
dave4545
Chat Pages: 134  133  132  131  130  129  128  127  126  125  124  123  Older
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