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
  -0.05p -3.23% 1.50p 1.40p 1.60p 1.55p 1.50p 1.55p 265,189 08:20:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 4.2 -2.5 -2.2 - 2

Modern Water Share Discussion Threads

Showing 3751 to 3773 of 4075 messages
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DateSubjectAuthorDiscuss
12/12/2018
09:04
Wtffff is going on ? Needs news ASAP
munchbox54
08/12/2018
17:05
Despite the various disappointments associated with supposed JVs with Chinese companies across the markets that have never come to much, I feel genuinely encouraged by the 3 JVs / partnerships that MWG now have in place with Sunup, WEC and Advent. They would have to be very unlucky not to secure some decent contracts across these three streams and hopefully 2019 will see the fruits of their labour.Gib main works contract also still to play for.
norbert colon
08/12/2018
15:33
"A day to celebrate Sino-British business co-operation: the formal launch of ENCYCLO, a joint venture promoting Modern Water plc's brine concentration technology in the huge market of China. Stay tuned for further news about this exciting business venture!" hxxp://en.hzsunup.com/
pieball
29/11/2018
20:44
Sunup need to pull their fingers out n get us a few deals. All good meeting in offices but cash flow is king
munchbox54
29/11/2018
20:30
Zzzzzzz, what time is it?
pieball
26/11/2018
18:53
MWG JV in china. hxxp://www.hzsunup.com/
pieball
14/11/2018
09:27
Thanks norbet
munchbox54
14/11/2018
09:09
thanks NC. I'll put on LSE
pugg1ey
14/11/2018
08:19
https://www.modernwater.com/images/Post-H1-Investor-update---Oct-2018.pdf
norbert colon
14/11/2018
08:13
https://www.modernwater.com/images/Post-H1-Investor-update---Oct-2018.pdfLots of positives in here.
norbert colon
07/11/2018
16:06
Most contractors work on margins much less than 5%! That would be a dream for most so if MWG acheive anything from 5% upwards it would be fantastic.You are correct re: the significant increase in revenue they will receive as a result of this contract but this is a pure 'one-off' contract. Whether it helps or hinders their overall Group cash flow remains to be seen; hopefully they will ensure the payment plan is not unduly onerous with a decent upfront payment.Yes they have received payment for the Early Works contract (site clearance etc) but that is not part of the £22m main works.Yes I've seen the hoarding up - all good and let's hope the Gib Govt pull their finger out and get on with the main works pronto. Great showcase project for the Group once completed.
norbert colon
07/11/2018
15:56
Fair point Norbert about the profit not feint exactly £22m but the scale of the plant will see then receive £22m in revenue/ cash flow and atleast half as profit. I’m not sure how they will build such a large plant with 5% margin, the key is getting it formally ratified and you forgot to mention mwg HAVE recieved some form of payment already .... maybe for the hoarding that’s gone up and mwg have also tweeeted it which makes me believe the formal process is just a matter of time and not IF as you have put it.
munchbox54
07/11/2018
15:35
I just feel the need to quash some untruths cited on here re: the Gib contract. It may be worth circa £22m to MWG but that's the Contract Value from which they need to procure, build, commission and handover the plant. They will hopefully make a high single digit margin profit (maybe £1.5 - £2m max).No special divi.WRT to the Contract for the main works being signed nobody can guarantee it, however, given MWG are in JV with Northumbrian Water / AquaGib on the bid and are already preferred bidder it would be very unfortunate for them not to get awarded it unless the necessary repricing of the contract throws up any nasties which I see as unlikely.I am as keen as anyone to see it go ahead ASAP.
norbert colon
07/11/2018
15:12
Puggey1. The fact is I know the deal will 109% be signed. The plant itself will 100% be covered in a green coloured plastic roof / sheeting. The fact is mms here are not expecting anything and with £22m coming in over the next 12-14months I can 100% expect a special diva payment especially as sunup will also be very happy with and personally think it will be £10m or 9p a share, so apart from a tripling / quadrupling of the share price I’m hoping for a nice 40k cheque for my patience in 12 months time.
munchbox54
07/11/2018
14:51
Maybe Munchbox has seen Simon Humphrey signing the Gibraltar deal on google maps
pugg1ey
07/11/2018
14:47
Yes, something is moving here for sure! Could be the expected Gib news!
pieball
07/11/2018
14:34
looking better
dave4545
05/11/2018
12:40
My personal opinion is that MWG will pay a special dividend of about £10m out of the £22m they will receive so about the current mc or 9p a share, obviously this will be in 2020 and I would no like to onsecond giess where the share price will already be by then. China , India and Africa will most certainly sign a number of deals in 2019 so looking forward I have a target price of 34-54p from now up to the opening ceremony of the Gibraltar plant ... giving them a market cap of £35-40m roughly with £22m in the bank. Wow. I’m staying put and will look to add this week. Dare I say if they get another major contract worth millions then I can very easily see northof £1 by 2020.
munchbox54
05/11/2018
11:01
5000 max buy online atm
dave4545
04/11/2018
12:59
I just found the site on google maps. If you go to google earth and type in europa point Gibraltar it’s shoes u the site which is next to Europa point. It measures roughly 104m x 144m so it’s a decent site. If you guys find it hit me up. Let us know what U think.
munchbox54
02/11/2018
10:32
Yep, bounce is on and mm's want full 9p offer now
dave4545
02/11/2018
10:07
Exactly Dave. Can see the Africa business meeting a clear sign these guys are moving fast. They mentioned there’s discussions with a number of new customers so watch this space
munchbox54
02/11/2018
10:04
Just added 49k shares this morning. Cheap as chips here
munchbox54
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