Modern Water Share Discussion Threads

[cudmore] 30/1/2018 15:05

The mm’s clearly need stock and don’t want to sell any! This could really take off if the sellers don’t get sucked in.

[falia] 30/1/2018 15:02

BOOM TIME 20P+ FINISH

[fission453] 30/1/2018 14:59

No doubt failure has sold and moved on after pocketing a quid! LOL!!!!!

[cudmore] 30/1/2018 14:52

1 trade......up we go!

[falia] 30/1/2018 14:51

and we are going up, boom

[cudmore] 30/1/2018 14:33

Falia’s here 😱😱😱

[qs99] 30/1/2018 14:08

Just look at what is happening in Cape Town SA to see the demand side...

[babbler] 30/1/2018 13:57

Last chance...imo...holding up well...rampety ramp.

[h2owater] 30/1/2018 13:53

2013 Broker note on potentialModern Water (LON:MWG) addresses some potentially vast markets, according to Numis,. The broker has just started coverage of the desalination and fresh water technology specialist and while it says it is hard to put a value on the company as revenues are currently limited, its initial estimate is 77p per share based on possible future cashflows. Modern's membrane platform technology could play a material role in delivering fresh water across a range of applications including desalination, evaporative cooling systems and enhanced oil recovery, it said, as it had already demonstrated impressive potential cost savings. Looking at the scale of Modern Water's target markets, Numis estimates that total global spending on new desalination plant construction is currently around US$10bn pa, and could rise to US$15bn pa by 2020. Global desalination plant operating costs are at least $50bn annually, believes the broker. With a very large range of possible targets, Modern Water has chosen to focus in particular on the Middle East and China. The key for the company is to commercialise its membrane technology, says Numis, which has tentatively forecast revenues of £5.4 mln in 2013 and £9.2 mln in 2014. But the broker believes Modern's management would be disappointed if it can't significantly outperform the forecasts. Numis has a 'buy' rating on the shares, which today were 55.25p.

[babbler] 30/1/2018 13:46

Cheaper than me lol

[falia] 30/1/2018 13:39

bought some 15.75

[babbler] 30/1/2018 13:31

Bouncing between 15 and 16 nicely. Order filling?

[cudmore] 30/1/2018 12:50

Can see this doing a TYM or PYC over the week.

[twistednik] 30/1/2018 12:45

Game changer for MWG.

Last broker note I saw had a target price of 15p but this was not taking into account the Gibraltar contract which was seen as all upside.

£22m of revenue vs the current market cap means I can see this going a lot higher. Especially when traders exit and the news spreads a bit wider.

It also validates their business model after all these years trying.

Buying on an 80% rise feels a little crazy but once people do the math, I can see it going on a nice little run over the next few days!

[babbler] 30/1/2018 12:32

Yes. Look at their revenue last year. Around 3mil. This is 20. Do the math.

[cudmore] 30/1/2018 12:27

Directors bought shares at 60p last year so i’m sure they knew what was in the pipeline here. It’s a no brainer imho. Shame I missed the RNS at 10 but still see these doubling from this current climb.

[5chipper] 30/1/2018 12:25

It is quite an impressive contract win for a co of this size. Is it their first major contract win? Not really aware of too much about MWG before today

[cudmore] 30/1/2018 12:21

This could really take off now. Profit takers out and hoping to get back in on a drop will be missing the further rise here imho

[hottingup] 30/1/2018 12:01

Could see 50p this week.

[shrout] 30/1/2018 12:00

Glad I held on to a few of these after the spike and decline last year. Lovely... hopefully onwards and upwards from here.

[dave4545] 30/1/2018 11:51

tbh it changes so fast from not being able to buy or sell it's impossible to guess where it finish today