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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 6.38% 2.50 2.00 3.00 2.50 1.85 2.35 374,490 14:43:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 2.9 -1.6 -1.8 - 13

Modern Water Share Discussion Threads

Showing 3426 to 3447 of 7075 messages
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DateSubjectAuthorDiscuss
05/7/2018
12:40
Buffet says if you can get in out at 10% from the bottom / top you've done very well. You can double that for penny stocks imo and I think I just about managed it with recent lows. Here's to a turnaround and clean water for all! Mmmm brine!
runthejoules
05/7/2018
12:22
The management seem to be getting better at lining up their ducks these days, I wouldn't be surprised to see a trading statement for H1 issued soon instead of having to wait until September as before? Crunching the numbers before this RNS clearly shows that Monitoring has broken into profit of approx £200,000 by their AGM statement. They had approx £200,000 R&D credits that were being reclaimed and money is starting to cover operating costs from the preliminary Gibraltar contract. It was going to be a tight call regarding ongoing funding but with that now secured from Hangzou and the 1/10 offering @ 11p they will have enough to see them through. With a company like Hangzou selling your product for you and a lead in time of a few months, not years, for the AMBC plants, the way ahead is now open. There's been a lot of pump and dump rubbish spouted about this share in the not so distant past, but after over 10 years of watching it, coming in and out, this genuinely looks transformational.
argylerich
05/7/2018
12:21
hopefully MWG will soon be feeding off the £22million contract. Gibraltar government were pleased with the work done so far
pugg1ey
05/7/2018
12:19
L2 looking perkier now
pugg1ey
05/7/2018
12:18
Anyone feel like feeding the bubble.
ken chung
05/7/2018
12:15
It's certainly turned the corner and these 2 deals cement that. So the 90% herd and come and gone. Cannot see much downside when those 2 deals have added from the low £6 mil to their valuation or £7 mil to around £13mil Of course Aim is all momentum now, fundamentals mean little but it's got momentum and if the price starts to edge up again towards the highs of the day the herd will rush to buy back higher. Welcome to penny shares atm
dave4545
05/7/2018
12:14
Ken - one wonders how many avatars you have. Given you have been a member since 2008 and have only posted 254 times yet you have been busily posting away this morning on here. I fully suspect you were ramping this to high heaven this morning under another avatar and will do again once you have gone long again. Another for the filter.
the big fella
05/7/2018
12:13
Don't know about that ken they were already on the road to recovery at the AGM. 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 20thof April 2018, stood at £343,000 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."
bad gateway
05/7/2018
12:05
They will be loss making for many years to come.
ken chung
05/7/2018
12:00
Unsure myself what we'll end up on. can see this is a stepchange in the co's development and am wondering how long til they float Encyclo. Should imagine theres support at 11p which is fine for the LTH's anyway anymore than that short term is a bonus imo.
bad gateway
05/7/2018
11:56
Seems ok to me, midday lull but 13.22-13.54p online so no problem buying or selling atm.
dave4545
05/7/2018
11:56
Or not!! You seem to appear just before each new rise ken.
bad gateway
05/7/2018
11:56
Labouring now. last few buys trickling in will soon dry up. Then it's 9p again.
ken chung
05/7/2018
11:39
Lemmings going over the cliff now.Back to 9p.
ken chung
05/7/2018
11:38
Looks like 15p was the rampers' target for today. Couldn't top slice any a minute ago - great prospects for long term though once the likes of let me pass have passed on. Glalth... should settle around 13p. I think people are wary of the ramping crew after last time.
runthejoules
05/7/2018
11:38
13.166-13.4p online for now
dave4545
05/7/2018
11:36
mm's probably cannot believe their luck getting all that stock back for around 13.1p and still bidding 13.15p for it now
dave4545
05/7/2018
11:35
Ken You cost people 40% telling them to sell before the jump to 15p well done
dave4545
05/7/2018
11:35
Market makers played the lemmings well today. Anyone care to feed the bubble?
ken chung
05/7/2018
11:35
Haha Ken you said that at 8p and 10p and now 13p
shirley83
05/7/2018
11:34
Bubble starting to burst.Almost guaranteed to be back at 9p tomorrow.No guarantees of any orders in China and the lead in times are years anyway.Meanwhile still running at a loss.
ken chung
05/7/2018
11:33
Monster shake from 15p bid to 13p and lots obliging the mm's by bailing out
dave4545
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