Share Name Share Symbol Market Type Share ISIN Share Description
Modern Water Plc 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
  -0.025 -3.23% 0.75 0.70 0.80 0.775 0.75 0.78 1,497,220 13:37:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 4.2 -2.5 -2.2 - 4

Modern Water Share Discussion Threads

Showing 3251 to 3271 of 4225 messages
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DateSubjectAuthorDiscuss
04/4/2018
16:14
Is that the same Miton fund that has halved its NAV in the past year and its share price has lost 60%. Maybe investors are pulling out their money. Even Miton says it is increasing its cash position in the current market.
pugg1ey
04/4/2018
06:21
Writing on the wall - Clear to see - II losing confidence Miton UK Microcap Trust PLC selling down - https://www.investegate.co.uk/modern-water-plc--mwg-/rns/holding-s--in-company/201804040700047130J/
pugugly
29/3/2018
19:53
I assume the section titled 'capital raise' in the strategic report is a pack of lies as it said there was sufficient capital to reach break even.
pugg1ey
29/3/2018
17:39
Yes, very disappointing. Should have realised that the company warning just ahead of results would mean the results would be way worse than expected and anything like that now is getting battered in this market. Silly mistakes are very costly atm.
dave4545
29/3/2018
15:48
That sky-high cashburn is a classic sign of very poor management. They should have closed some operations to throttle expenditure; not to have done so evidences pitiful project management & budgeting. The FD Stephen Heaps should be out; even if he may be the scapegoat for Simon Humphrey's own incompetence.
skyship
29/3/2018
13:56
I'm in exactly the same position as you targatarga. The results look awful and the cashburn is sky high. I do not think it will be current shareholders at this price which will benefit from the Gibraltor deal. It's the cashburn which as caused me to bail...
origami74
29/3/2018
13:39
I'm out from earlier with a 40% loss.... knowing my luck a bid materialises within weeks.... good luck all tt
targatarga
29/3/2018
09:40
Still think these will come good. Disappointed with results and loan facility. Going to keep holding as see potential for products. The management need to monetise them
gemlotte55
29/3/2018
08:01
so why did they get a loan then Bumpa? i.e. Barclays give them one. They could have done a placing at 10p with the Flippers when the share price was 15p
pugg1ey
29/3/2018
08:00
Look to C4XD for hope. That looked for all the world a placing was coming then bang! trouble is very rare
pugg1ey
29/3/2018
07:58
Christ, now I know why they didn’t manage to get that placing away....
bumpa33
29/3/2018
07:56
And why did they not raise money on the back of the GIB deal here. I wonder why I try to be a investor, was never any good at it. Going to stick to trading from now on. Apart from my holding in Mrs that is
dave4545
29/3/2018
07:54
good point Dave. I still don't get why would they get such an important contract (after 3 years of tendering process) if they couldn't complete it. Hopefully the current pain will be future gain
pugg1ey
29/3/2018
07:32
why not just do a placing after the Gibraltar contract then?
pugg1ey
29/3/2018
07:31
I suggest 500k was all they could get! Looks to me like a rescue rights at 5p will be coming....so out again with a small loss this time.
skyship
29/3/2018
07:25
lets see where it settles when the sells stop. So far there has been 200K. Why only get only a £500K loan if the cash was a problem. I see it as an insurance before the Gibraltar work kicks in. Not to mention other possible contracts.
pugg1ey
29/3/2018
07:09
dave4545:- Placing (imo) would have to be closer to 5p - May yet need one given the rate of cash burn -
pugugly
29/3/2018
06:59
Better than a placing at 7-8p buywell3 Must admit results are much worse than I expected. I was expecting rubbish results. It's all about the future and winning more big deals starting with India
dave4545
29/3/2018
06:27
Swingeing .... a nice word but means something nasty ... many small caps are getting loans at only 2% above base rate hTTps://en.oxforddictionaries.com/definition/swingeing WHY are these having to pay 8% over base rate ... makes me wonder ''The loan will accrue interest at 8% over base rate including a fee for the EIB guarantee. No repayment of capital will be due in the first year. The facility is secured by a debenture and cross guarantee across all UK group companies. ''
buywell3
29/3/2018
06:21
Nasty surprise - Results worse than I expected and cash burn higher - No jam - burnt toast - New debt facilities with a charge of 8% - If (imo) further delays on Gib then prospects (for current shareholders) poor. "Total comprehensive loss for the year was £5.0m (2015: £2.2m) " https://www.investegate.co.uk/modern-water-plc--mwg-/rns/final-results/201803290700063243J/
pugugly
28/3/2018
06:43
Yes SKY I wasn't too happy that the trade cost me so many shares. I was bored when I started playing around lol and maybe in hindsight I could have worked it better. I was hoping that the spread for the swap would be better than it ended up at but heyho you live and learn ...
richie1218
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