Modern Water Share Discussion Threads

[dibs61] 04/7/2018 07:12

Good news on two fronts then!

[norbert colon] 03/7/2018 19:07

https://www.yourgibraltartv.com/politics/17210-jul-03-minister-cortes-budget-speechConfirmed as started by Minister John Cortes although rather light on details Great news.

[gemlotte55] 03/7/2018 14:42

At last some decent volume 🤔

[slicethepie] 03/7/2018 13:53

They would need to disclose if they had lost the contract. Shares have fallen on v low volume so any buying will quickly reverse

[norbert colon] 03/7/2018 13:04

Yes looks like good news assuming they have managed to retain preferred bidder status after updating their tender price. I would be very surprised if the Govt go to someone else especially after MWG have done the recent site remediation works. Will look for further details from John Cortes today. Thanks for posting

[richie1218] 03/7/2018 12:34

hxxps://www.gibraltar.gov.gi/new/sites/default/files/press/2018/Topical%20Speeches/Chief%20Minister%20Budget%20Speech%202018.pdf

section 54, Page 22.

54. Plans are also moving apace on the new Waste Water Treatment Plant, another much needed project we have been
pursuing since we were elected. Mr Speaker, I am very pleased that the work on this is now sufficiently advanced that we can expect to see ground broken during the course of this calendar year. Progress indeed, at last, Mr Speaker, on a project which I know all Members on this side of the House are very keen to see completed. The Honourable Member for the Utilities and the Environment, Mr Cortes, will say more in respect of the new power station and the Waste Water Treatment plant.

[gemlotte55] 03/7/2018 07:51

Thanks pieball.would be nice to get a positive RNs . Share price could do with it,😂

[pieball] 03/7/2018 07:46

Too much stuff on the page yo copy at paste. But they are getting awards and presenting in the right places etc just go to hxxp://www.linkedin.com/company/modern-water-plc/

For example last week:
Julian Lowe, International Sales Manager of Modern Water plc, accepted the Frost & Sullivan Water Quality Innovation Award on behalf of Modern Water plc's Monitoring Division last night for its innovative Microtox CTM Series toxicity monitor. The Microtox CTM is an on-line, acute toxicity analyzer that can detect over 2800 hazardous chemicals or compounds. The Award recognizes the product’s innovative technology in the area of Water Quality. We at Modern Water plc are very happy that Frost & Sullivan chose to recognize this product’s innovative design. Find out more about the Microtox CTM at hxxps://lnkd.in/dX2czhG
#wateranalysis #award #waterquality #toxicity #analyzer #hazardouschemicals #design #modernwater

and the week before
Paul Lewtas and Huancheng Wang gave a presentation on Innovation in Online Monitors at the China International Environmental Exhibition in Beijing last Friday. The presentation provided insight into how online instruments can enhance an industrial process and ensure regulatory compliance. To learn more aboutModern Water plc’s award winning range of online monitoring products, please contact your local Modern Water plc office or go to hxxps://lnkd.in/dxdHYDh

and around the same time 2 weeks ago:
Modern Water plc is exhibiting at the upcoming NACE Risk Management Conference, June 11-13 at the Marriott Marquis Houston, Texas. We are highlighting our QuickChek SRB test kit which provides an accurate 20 minute result. This rapid method provides SRB results for making treatment decisions in the same shift with no waiting 28 days for results of the culture method. The QuickChek SRB test kit, in an independent lab study provided results as good as or better than the traditional culture method as well as the more expensive qPCR method. Visit Booth 204 for more information or visit www.modernwater.com/monitoring
#conferences #wateranalysis #excellence #inform #nace

[gemlotte55] 02/7/2018 23:11

Hi pieball any chance of pasting LinkedIn as have no access
Thanks

[cudmore] 22/6/2018 21:14

Amazing how low this has dropped
whn you look at the big potential here going forward. One to tuck away for at least a 50% upside to the SP

[richie1218] 13/6/2018 14:08

hxxps://www.satprnews.com/2018/06/01/global-brine-concentration-technology-market-estimated-to-reach-more-than-us-17-bn-by-2026/

[gemlotte55] 11/6/2018 12:49

Wonder if 2nd quarter was as good as the first. Looking forward to updates on Gibraltar

[cudmore] 03/6/2018 18:49

Can’t believe the drop here over the last few weeks. Great opportunity to get back in tomorrow me thinks!

[babbler] 03/5/2018 11:40

Dave you back in yet? Lol

[pugg1ey] 03/5/2018 11:16

hxxp://www.modernwater.com/latestnews/2017/modern-water-to-contribute-to-cutting-edge-graphene-research-with-the-masdar-institute-and-the-university-of-manchester

and today in the Telegraph....



well spotted by Tired and Confused over on iii

[richie1218] 02/5/2018 19:24

An article from ii this time last year.. I thought I'd just post it up in case it happens again :-)


How Modern Water shares made a 500% profit in five weeks


By Lee Wild | Wed, 10th May 2017 - 13:54

How Modern Water shares made a 500% profit in five weeks

We wrote recently about how investors could have doubled their money in less than four months. In fact, there were 42 companies who would have returned 100% or more between the end of December and late April. Now, there's another to add to the list, and its performance is quite amazing.

AIM-listed Modern Water (MWG) started the year at just 6.24p, and little happened until April. Today they changed hands for as much as 38.41p.

So why have they rocketed a phenomenal 510% since the 6.3p close at the end of March?

The likely answer can be traced back to a regulatory news announcement in October 2014 when chief executive and co-founder Simon Humphrey told us a joint venture with Northumbrian Water had won a £22 million contract to build a new wastewater treatment plant in Gibraltar.

Modern Water has spent more than £20 million over the past decade developing technologies that help supply fresh water and both treat and recycle waste water. A membranes division houses its Forward Osmosis (FO) platform for seawater desalination, while its monitoring business makes instruments to analyse and monitor contaminants in water, soil and food.

Alongside final results in March we heard that nothing had changed with the Gibraltar contract, although "given the region's current challenge following the Brexit vote, uncertainty remains over potential timescales".

The sale last month of its FO technology for seawater desalination to Hangzhou Water in China was well-received, as was news it had appointed an experienced vice-president of global sales and a sales manager in China.

But it is last week's European Court of Justice ruling that the UK government broke EU clean water laws that really lit the touch paper.

Overflow pipes used to relieve pressure on Britain's ageing sewage system meant excessive waste was discharged into the sea off Carmarthenshire, a protected area. There were also numerous breaches around the handling of waste water in England and Gibraltar.

And it's the Gibraltar ruling that's interesting. Finding the UK guilty of failing to fulfil its obligations under EU law by not treating Gibraltar urban waste water, might just prompt politicians to speed up the wastewater treatment plant project.

Clearly timing is an issue here, and there's no guidance currently.

It's also worth asking whether the contract justifies a market capitalisation at the 38p peak of over £30 million. In January it was less than £5 million.

Analysts at WH Ireland appear to have a pretty good grasp of things. In February, the broker initiated coverage of the company, slapping a price target of 15p on the shares when they were worth just 6.25p.

"With its now proven technologies, we believe that the market opportunity is significant, if the group can execute its commercialisation strategy successfully," wrote John Cummins. While "not easy" to place a fair value on a company at this stage, his target was "supported by both multiples ascribed in the monitoring sector and [intellectual property] held within membranes".

Crucially, he admitted assumptions for the divisions were "conservative" and that forecasts would include none of the potential benefit of the Gibraltar contract until there is greater clarity. Well, things may be about to get a great deal clearer.

[richie1218] 02/5/2018 19:19

An article from ii this time last year.. I thought I'd just post it up in case it happens again :-)


How Modern Water shares made a 500% profit in five weeks


By Lee Wild | Wed, 10th May 2017 - 13:54

How Modern Water shares made a 500% profit in five weeks

We wrote recently about how investors could have doubled their money in less than four months. In fact, there were 42 companies who would have returned 100% or more between the end of December and late April. Now, there's another to add to the list, and its performance is quite amazing.

AIM-listed Modern Water (MWG) started the year at just 6.24p, and little happened until April. Today they changed hands for as much as 38.41p.

So why have they rocketed a phenomenal 510% since the 6.3p close at the end of March?

The likely answer can be traced back to a regulatory news announcement in October 2014 when chief executive and co-founder Simon Humphrey told us a joint venture with Northumbrian Water had won a £22 million contract to build a new wastewater treatment plant in Gibraltar.

Modern Water has spent more than £20 million over the past decade developing technologies that help supply fresh water and both treat and recycle waste water. A membranes division houses its Forward Osmosis (FO) platform for seawater desalination, while its monitoring business makes instruments to analyse and monitor contaminants in water, soil and food.

Alongside final results in March we heard that nothing had changed with the Gibraltar contract, although "given the region's current challenge following the Brexit vote, uncertainty remains over potential timescales".

The sale last month of its FO technology for seawater desalination to Hangzhou Water in China was well-received, as was news it had appointed an experienced vice-president of global sales and a sales manager in China.

But it is last week's European Court of Justice ruling that the UK government broke EU clean water laws that really lit the touch paper.

Overflow pipes used to relieve pressure on Britain's ageing sewage system meant excessive waste was discharged into the sea off Carmarthenshire, a protected area. There were also numerous breaches around the handling of waste water in England and Gibraltar.

And it's the Gibraltar ruling that's interesting. Finding the UK guilty of failing to fulfil its obligations under EU law by not treating Gibraltar urban waste water, might just prompt politicians to speed up the wastewater treatment plant project.

Clearly timing is an issue here, and there's no guidance currently.

It's also worth asking whether the contract justifies a market capitalisation at the 38p peak of over £30 million. In January it was less than £5 million.

Analysts at WH Ireland appear to have a pretty good grasp of things. In February, the broker initiated coverage of the company, slapping a price target of 15p on the shares when they were worth just 6.25p.

"With its now proven technologies, we believe that the market opportunity is significant, if the group can execute its commercialisation strategy successfully," wrote John Cummins. While "not easy" to place a fair value on a company at this stage, his target was "supported by both multiples ascribed in the monitoring sector and [intellectual property] held within membranes".

Crucially, he admitted assumptions for the divisions were "conservative" and that forecasts would include none of the potential benefit of the Gibraltar contract until there is greater clarity. Well, things may be about to get a great deal clearer.

[top tips] 02/5/2018 08:50

"The original oversubscribed placing for MWG's launch in 2007 was at 119p, which valued the company at £70m on admission. Directors subscribed almost £0.5m at the time. Listed in the UK on AIM."

£70m would be about 75p today.

[top tips] 02/5/2018 08:47

Should be back above 40p especially with the Gibraltar contract now guaranteeing the company for at least 20 years.

[top tips] 02/5/2018 08:47

@Modern_Water
Apr 30

@Modern_Water recently completed commissioning of a Monitoring Station for a major power generation company in Middle East to help ensure environmental compliance, monitoring critical parameters such as Chlorine, PH, Aluminum and 12 trace metals: hxxp://www.modernwater.com/monitoring

[pugg1ey] 30/4/2018 12:41

saw that as well Richie. gone into twitter overdrive...now just need to go into income overdrive:-)

[richie1218] 30/4/2018 12:11

30/04/18

Successful Commissioning of Monitoring Station for Major Middle East Power Company


Modern Water’s Monitoring Division recently completed a commissioning of Monitoring Station for a major power generation company in the Middle East to help ensure environmental compliance. The Monitoring Station monitors critical parameters such as Chlorine, PH, Aluminum and 12 critical trace metals. The station includes two of Modern Water’s state of the art MicroTrace OVA online trace metal monitors.

[ohisay] 25/4/2018 13:04

They are presenting at the Mello conference tomorrow afternoon at 3-30

[cudmore] 25/4/2018 12:38

These are still 40% down from the Gibraltar RNS so still plenty of profit to be made for new investors here imho. You could always stick some dosh on DFX.....huge takeover rumours at £1+ minimum. Current share price is 38p.....do the maths!