Modern Water Share Discussion Threads

[pugg1ey] 31/1/2018 11:09

Thanks Bumpa. I assume that platform is expensive?

[bumpa33] 31/1/2018 11:05

And yes, at the time WINS were offering 500k, though this is a fast market so the form is volatile.

[bumpa33] 31/1/2018 11:04

Pugg - I have access to Bloomberg term, the RSP and mm’s directly. Price action yesterday - heavy offered all yesterday afternoon - and price action today leveling out this am, should give you a rough idea where the placing is priced.

In fairness I don’t know whether this is a good company or not, but Beaufort and WHI use a similar modus operandi these days, and they represent an awful lot of real dogs on the AIM - aside of this, the balance sheet here tells you all you need to know, in the v short term anyway.

[bookbroker] 31/1/2018 10:34

As I said, if want to get shafted, buy MWG, mugs buy the rises to the top, and then get poleaxed before disembarking!

[dave4545] 31/1/2018 10:17

Predictable movement. Biggest % riser yesterday, marked up next morning then the usual sell off as the get rich quick herd all queue up to get out.

Thing is this moved up for the right reasons, a massive contract, just wondering if
they need any more money to service it.

But there should be another good trade in this one very soon

[babbler] 31/1/2018 10:17

Wouldn't sell now anyway. Big loss.

[glenbo1] 31/1/2018 10:07

Yesterdays announcement is the first of many.Hold tight...

[babbler] 31/1/2018 09:56

On completion, Northumbrian Water will be responsible for the operation and maintenance of the plant for 20 years.

[babbler] 31/1/2018 09:55

It's not over 20 years. The support is 20 years. That's being done by the other company.

[jailbird] 31/1/2018 09:47

£22m over 20 years Just over £1m per year Co will not get paid £22m in one lump sum will they ?

[glenbo1] 31/1/2018 09:46

BumpaDo you mean when will punters learn to sit and be patient for a few days and weeks no hours to jump ship.This will rerate in time.

[babbler] 31/1/2018 09:20

14p placing wouldn't worry me imo.

[pugg1ey] 31/1/2018 09:15

Bumpa
I see you called the WSG placing but how did you know. I assume you get offered shares? How do you know WINS have 500K on the offer at 14p here? I see them on the bid at 14.25p...currently.
Any other stocks being offered out to you?

[bumpa33] 31/1/2018 08:51

when will punters learn they're just getting chewed up and spat out.

[bumpa33] 31/1/2018 08:50

wins have got 500k on offer at 14...!

[babbler] 31/1/2018 08:46

Nice raid there...

[urigem] 31/1/2018 08:41

Just added, Thanks AIM !

[bumpa33] 31/1/2018 08:22

babbler - see my comment yesterday re; this and WSG.

[hottingup] 31/1/2018 08:18

MWG's future is now secured with the £22m Gibraltar contract and their other divisions are trading well, so it will be a growth story from now on.

[babbler] 31/1/2018 08:01

Bumpa I expect payment from this contract to get it going.

[hottingup] 31/1/2018 08:01

And China, e.g. the deal with Hangzhou Water.

[tell sid] 31/1/2018 07:57

I expect this to be back over £1 pretty sharply now we have the massive Gibralter contract and don't forget India:

From 21/3/2016 ----

Joint commercialisation agreement with Advent Envirocare regarding brine concentration for wastewater treatment in India....for the joint development and commercialisation of Modern Water's proprietary all membrane brine concentration (AMBC) technology which will be applied to wastewater treatment plants across India.
....The integration of Modern Water's brine concentration technologies substantially reduces both the capital costs and, in particular, the operating costs necessary.
....the parties are jointly funding and deploying a pilot test plant at an operational wastewater treatment site in India and will complete testing by the end of 2016. ....the plant will demonstrate to the customer the full economic and process advantages of the technology, specifically, the significant reduction of waste water volume for subsequent brine crystalliser treatment at low operational cost compared to existing processes.

Simon Humphrey, CEO, Modern Water, said: "....This project will clearly demonstrate the benefits of Modern Water's approach and will allow us to promote our brine concentration technology throughout the world."

Soham Mehta, Managing Director, "....at a time when Advent Envirocare is executing some of the largest ZLD projects in India, the stage is set for this partnership to flourish."

15/3/2017 ----

Chairman's Statement
" it was very pleasing to announce the award of a contract in February 2017 for the provision of our proprietary All Membrane Brine Concentration (AMBC) technology. Our innovative AMBC technology will be used to treat wastewater produced by an India-based customer involved in the textiles industry. The project will be executed in partnership with Advent Envirocare Technology during the course of 2017. Once commissioned, this plant will provide us with a fantastic shop window for our technology and will provide us with a springboard into other markets and geographies."

All Membrane Brine Concentrator (AMBC)

"In March 2016 Modern Water signed a joint development and commercialisation agreement with Advent Envirocare Technology, based in India. Following successful piloting of the technology in December 2016, the first commercial order was secured rapidly. In early February 2017 an agreement was reached to deploy our technology in a textile dye facility. A second AMBC trial in a different industrial sector is scheduled to commence in India later this year."

[bumpa33] 31/1/2018 07:46

cudmore - don't flatter yourself.