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 3.03% 0.85 0.70 0.85 0.825 0.775 0.83 3,032,150 16:35:09
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 3301 to 3325 of 4225 messages
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DateSubjectAuthorDiscuss
25/4/2018
07:36
SP should double now dave's out:-)
pugg1ey
25/4/2018
07:33
I sold out this morning. I'm amazed I got a penny more than yesterday for them. Good luck to those that hold
dave4545
25/4/2018
07:28
Should return to the 20p to 30p range quite quickly: 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
07:23
The profit warning was for the results last year. If you read the whole statement it said things had started well in 2018 The share price has tanked so much as an inst has sold down. Now being paid for Gibraltar work This will be very volatile today as traders try and make their 10%
pugg1ey
25/4/2018
07:22
Can now buy at the bid, monkeys all over the shop
al h
25/4/2018
07:15
I bought a few back first thing they were cheaper than I sold for so can live with it. Will hold for further updates now they're chugging along.
bad gateway
25/4/2018
07:14
Looks like the ideal time to buy shares in MWG on what should be a strong recovery back to the 30p+ range.
hottingup
25/4/2018
07:12
Same position here - but I guess we know what its worth if they pull it off. And it sounds like maybe they will. Still massively below what price it could be by next week. When the information changes... DYOR. IMO. G.
garth
25/4/2018
07:09
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
07:09
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
07:07
I'm sorry but it stinks.... Fundraising?
targatarga
25/4/2018
07:02
Yes I did the same. Quite a turnaround it seems with china sounding like its off and running.
bad gateway
25/4/2018
06:46
Amazing - i sold on the profit warning a few weeks back... Everything is now rosy! Another stitch up?
targatarga
24/4/2018
15:50
Anyone going to the AGM tomorrow?
richie1218
24/4/2018
09:24
Interesting MM movements.. worm may have turned...reckon there is a buyer in the background here.
pugg1ey
20/4/2018
15:25
Tipped somewhere ?
pugugly
20/4/2018
13:08
careful Dave theyre getting on the sellside now....
moneytree1
20/4/2018
12:56
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
11:52
uh oh Daves coming in for the large one...
moneytree1
20/4/2018
11:51
and for the first time in 3 months when something positive is happening to the share price ..LSE goes down;-)
pugg1ey
20/4/2018
11:49
Clearly no stock, all those premium buys for small amounts
dave4545
20/4/2018
11:30
this dog still has first dibs on a £22million contract...
pugg1ey
20/4/2018
11:30
CFEP switched from offer to bid. First time in weeks...
pugg1ey
20/4/2018
11:18
Cannot even buy 5000 online at 6.9p every dog has it's day
dave4545
20/4/2018
09:16
Sneaking up while the herd is playing elsewhere. No signs of a overhang now
dave4545
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