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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
  0.15 5.26% 3.00 2.70 3.50 3.35 2.63 3.00 617,635 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 2.9 -1.6 -1.8 - 15

Modern Water Share Discussion Threads

Showing 3301 to 3325 of 7075 messages
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DateSubjectAuthorDiscuss
25/4/2018
10:37
Good luck. Will return to the thread the next time I buy in.
dave4545
25/4/2018
10:35
Mwg has more than most... Imo... With the recent contact don't forget....
babbler
25/4/2018
10:31
No regrets Babbler I bought loads below 6.5p and sold them for a nice profit. The market is mad at the moment for none profitable stocks, lots of them getting chased through the roof and Mwg is joining in the fun
dave4545
25/4/2018
10:28
Dave almost 9p now...
babbler
25/4/2018
09:58
Cash Dec 31 2017 £500K Cash April 20 2018 £343K Loan untouched so there as a buffer Net cash position works both ways as in they will have money coming in from 30,60,90 payment term contracts that have been done. and most importantly they are getting paid for some Gibraltar work
pugg1ey
25/4/2018
09:57
Babbler I'm not going to say why otherwise it would be seen as deramping or sour grapes so again good luck.
dave4545
25/4/2018
09:50
Dave you sold??? Crazy man selling after that news... And it will be above 10 by next week imo.
babbler
25/4/2018
09:49
Cash position NOT NET CASH, always a worry as to what are the liabilities that have to be funded/paid - Cash can always be manipulated by delaying payments to creditors (imo)
pugugly
25/4/2018
09:46
anybody at the AGM able to post?
pugg1ey
25/4/2018
09:45
must be sounding positive to some investors at the AGM as more buying
pugg1ey
25/4/2018
08:36
Turn around time for MWG. Could be happy days ahead and now successfully underpinned by Gibraltar.
top tips
25/4/2018
08:04
yep. have to wait for hottingup to exit on their trade, probably about 5000 shares :-)
pugg1ey
25/4/2018
07:58
As I said good luck Pugg. If hottingup pastes the same article 500 times you might indeed get your spike :-))
dave4545
25/4/2018
07:52
MWG 25/4/2018 "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..."
hottingup
25/4/2018
07:36
CFEP having pushed the offer down over weeks to 6.5p is now chasing the bid...
pugg1ey
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
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