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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
  0.125 5.38% 2.45 2.40 2.50 2.65 2.325 2.33 12,443,964 14:59:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 4.2 -2.5 -2.2 - 12

Modern Water Share Discussion Threads

Showing 3276 to 3299 of 6075 messages
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DateSubjectAuthorDiscuss
25/4/2018
08:09
Looks like a good time to buy shares in Modern Water (MWG) currently 8p, on what should be a strong recovery back to 30p+: 25 April 2018 Modern Water plc ("Modern Water" or "the Company") AGM Statement At today's Annual General Meeting of Modern Water Plc, the owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, Alan Wilson, Non-Executive Chairman, will make the following statement: "Modern Water has started 2018 strongly with Group revenue in the first-quarter 37% higher than in the same period last year. Both Divisions are performing well, with China the primary driver for the Monitoring Division and the Advance Works Contract for the Gibraltar waste-water treatment plant boosting the Membrane Division. Gross profit in the first quarter was 40% higher than 2017 and Group overhead was 8% lower than the same period last year. The Group's cash position as of 20(th) of April 2018, stood at GBP343,000 and the finance facility ($600,000) secured on Modern Water Inc's receivables remained un-utilised. Outlook Management is confident that the strategic decision to terminate the contract of our sole Chinese distributor and pursue a multi-channel sales approach in one of our most important markets, was correct and first-quarter financial results clearly support that. We expect further progress in the remainder of 2018 and for the Monitoring Division is expected to return to EBITDA breakeven for the year. In the Membrane Division, our principal process engineer is currently on site in India overseeing the final commissioning of our first full-scale All Membrane Brine Concentrator (AMBC). Two further paid-for trials with other industrial customers have been successful. We are also well-positioned in China and our first AMBC project is due to be commissioned shortly. With reference AMBC plants operational in both our key markets, we expect to see an acceleration of licence sales for this product during 2018. The Gibraltar Advance Works Contract is progressing well and we remain committed to helping HM Government of Gibraltar to achieve its goal of completing the Waste Water Treatment Plant in 2020."
hottingup
25/4/2018
08:07
I'm sorry but it stinks.... Fundraising?
targatarga
25/4/2018
08:02
Yes I did the same. Quite a turnaround it seems with china sounding like its off and running.
bad gateway
25/4/2018
07:46
Amazing - i sold on the profit warning a few weeks back... Everything is now rosy! Another stitch up?
targatarga
24/4/2018
16:50
Anyone going to the AGM tomorrow?
richie1218
24/4/2018
10:24
Interesting MM movements.. worm may have turned...reckon there is a buyer in the background here.
pugg1ey
20/4/2018
16:25
Tipped somewhere ?
pugugly
20/4/2018
14:08
careful Dave theyre getting on the sellside now....
moneytree1
20/4/2018
13:56
19914 pays 7p sells for 7.1p makes 20 pounds -12 charges at best so 8 pounds profit...is it worth it??
dave4545
20/4/2018
12:52
uh oh Daves coming in for the large one...
moneytree1
20/4/2018
12:51
and for the first time in 3 months when something positive is happening to the share price ..LSE goes down;-)
pugg1ey
20/4/2018
12:49
Clearly no stock, all those premium buys for small amounts
dave4545
20/4/2018
12:30
this dog still has first dibs on a £22million contract...
pugg1ey
20/4/2018
12:30
CFEP switched from offer to bid. First time in weeks...
pugg1ey
20/4/2018
12:18
Cannot even buy 5000 online at 6.9p every dog has it's day
dave4545
20/4/2018
10:16
Sneaking up while the herd is playing elsewhere. No signs of a overhang now
dave4545
19/4/2018
20:40
Strong finish today. Maybe overhang is clearing here as well
dave4545
18/4/2018
10:19
6.5-6.5p mm's in stalemate. One want to push one wants to stay this low !!!
dave4545
13/4/2018
15:12
hxxp://chronicle.gi/2018/04/gib-seeks-to-join-mediterranean-biosphere-reserve/ a bit of light reading. gib seeks to join Mediterranean biosphere reserve.. April 13, 2018 The Gibraltar Government is engaging with UNESCO in a bid to form part of the Intercontinental Biosphere Reserve of the Mediterranean. The biosphere reserve is a UNESCO designated area and combines the Tingitane Peninsula in Morocco and the southern Iberian Peninsula of Andalusia. There are a number of biosphere reserves in the world such as the Galápagos, Uluru in Australia, Mount Olympus in Greece and the Hawaiian Islands. In 2005/2006 Morocco and Spain started working together to create the first Intercontinental Biosphere reserve which would cover existing protective areas in Spain and Morocco. “This is important because the biosphere reserve includes those areas that were already protected as national parks or natural parks, so it included Los Alcornocales Natural Park, areas of the Rif [mountains] and a number of other natural areas,” said Dr John Cortes the Minister for Environment. As part of the work that goes into the reserve there is certain factors that go into the protection of the biodiversity of the areas. “You raise the profile, you work together, you collaborate,” said Dr Cortes. “Back when I was in GONHS I made approaches both directly to the Man and Biosphere project in UNESCO and I tried also to get through to the Gibraltar Government [the GSD was in power then] and the UK Government to see whether Gibraltar could be included in the Intercontinental Biosphere Reserve,” said Dr Cortes. “As it happened this never came to fruition and there was not much of a response.” “Obviously it had its own dynamic and the Intercontinental Biosphere Reserve of the Mediterranean was set up and Gibraltar was excluded,” he added. Since then, Dr Cortes became Minister for the Environment. One of the reasons that Gibraltar was not included Dr Cortes suspects might have been the fact that Gibraltar’s protected areas at the time were not particularly well managed. Setting aside any political considerations, which he was not aware of at the time. “There wasn’t the legal backing to it, there weren’t management plans for the Upper Rock or management plans for marine protected areas. There wasn’t any specific enforcement like we have now and therefore our situation while I think morally valid was operationally weak,” he said. The minister said that now there are management plans for both the Gibraltar terrestrial nature reserve and for marine protected areas, a marine enforcement unit, research, publication and management teams. “We are now up there with any protected area in the resources and management,” he said. “Therefore I think this is possibly the time when we should request incorporation into this Intercontinental Biosphere Reserve,” he added. Recently officials from both Spain and Morocco met to discuss the Intercontinental Biosphere Reserve, this prompted Dr Cortes to contact them and say “any Intercontinental Biosphere Reserve in the area of the Strait of Gibraltar would invariable and justifiably include Gibraltar’s protected areas.” “Because, A, they are now much better protected than they were and much better than many others and, B, we can contribute biodiversity that is different enough from the surrounding areas because of our geology and our particular species found in Gibraltar to make a valid contribution to the Intercontinental Biosphere Reserve,” he added. He notes that tens of thousands of birds pass through each year when they are migrating and that Gibraltar shares some common sea creatures such as the limpets with Morocco. The migration of dolphins, whales, tuna and sea turtles in the area also includes Gibraltar. Dr Cortes aims to continue engaging with the necessary authorities and said that these processes can take a while. “We would have to do this through the UK because it is a UN thing and we are not a member state, the UK is,” he said. Dr Cortes said he will continue to suggest to UNESCO that in the same way that Gibraltar has a UNESCO world heritage site which was accepted without any political implications that it should be included in the biosphere reserve. Intercontinental Biosphere Reserve of the Mediterranean “The Moroccan section of the intercontinental biosphere reserve is located in the region of Djbala on the Tingitane Peninsula, adjacent to the Strait of Gibraltar. It is bordered by the Gharb plain and the hills of Hafs to the west, the Rif Central to the east, the Mediterranean coastline to the north, and the western Prerif to the south,” states the UNESCO website. “The region is very mountainous and marked by two major crests: the Numidian chain and the mid-ocean limestone ridge. Extensive depressions are found in the crests, including the Chefchaouen furrow, which covers the central portion of the region. The highest peak is Jebel Lakraa with a height of 2,159 metres.” “The Spanish section of the biosphere reserve is located in the south of Andalusia. Numerous national parks, such as the Parque natural de Andalucia, contribute to the conservation and protection of unique flora and fauna species. In addition, the area is situated on the second largest geological massif in Andalusia, Las Cordilleras Beticas,” the site adds.
richie1218
12/4/2018
09:14
is that 25K a buy or a sell?
pugg1ey
11/4/2018
13:44
217k at 6.9p full offer I'm guessing Miton are selling more ? Took 25k to bring average down a little
dave4545
09/4/2018
15:10
Pugg1ey - no problem - thnx for correcting...
skyship
09/4/2018
14:30
Can you find the fund now:-) I suspect that is what you were steering me towards:-) Although they have still underperformed compared to the whole AIM market in the last year I reckon CFEP still have some of their shares to shift
pugg1ey
09/4/2018
12:33
Pugg1ey - this is what you wrote: "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." So I ask again - which fund? No such fund that I can find!
skyship
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