Modern Water Share Discussion Threads

[madmonkflin] 29/1/2019 15:46

yep - kind of want the rns re the desalination plant in Gib. Or the AMBC units anywhere else in the world. At least something that can earn decent money.

[wynmck] 29/1/2019 14:25

rns re product upgrade

[thic1] 28/1/2019 13:57

Well no news as to share placement maybe tomorrow??

[thic1] 21/1/2019 13:54

Gib is still being negotiated I presume as news would have been released if contract is finalised!!Maybe Gib government is holding off till brexit is sorted as they were a pawn in the brexit negotiations at one point!Total contract is 22 mil but not sure what the final roll MWG will play other than design for sure!

[norbert colon] 21/1/2019 12:49

It's not to do with profit, it's cash flow/burn that's the challenge for MWG. The Gib main contract 'should' provide a decent profit for the Group (not so clear on cash profile but I trust it will be appropriately front end loaded as necessary) but it won't keep the lights on. Seems this placing is somewhat opportunistic to provide some extra cash in the coffers should Gib be further delayed. All rather frustrating and we really do need to see some contract news during the early part of this year.

[madmonkflin] 21/1/2019 11:48

Makes you wonder how much actual profit will come to MWG from Gibraltar project. Can't be anything if we have to go cap in hand at 6.5p

[thic1] 21/1/2019 11:32

Hi AllNot the news long term holders were waiting for!!With strategic partnerships in Africa,Asia,Middle east and India optimistic thinking leads to something on the horizon!Also Gibraltar supposedly on the horizon too!!Lets hope the sun rises??

[timberwolf] 21/1/2019 10:50

Long time! I just popped back after getting the RNS, and, no surprise Pug about my favourite phrase, "cash burn", from the old days. I had planned to hold MWG long term when I invested back in 2007, held for about 8 years, finally bailing out in May, 2015, totally fed up with the cash burn and total lack, IMHO, of any good management. It would have been nice to have still been in for the 2017 rise, but, with a sense of deja vue, IMHO it looks like this one will now just drift down further.

All the best anyway to holders. I could well be wrong of course.

DYOR

[pugugly] 21/1/2019 08:11

Chinese wont worry about 11p - They will have pinched all the IP so possilby cheap at the price - It is what is known as a "Chinese takeaway" My comments about management competence in thsi respect are not printable!!

[pugg1ey] 21/1/2019 08:02

shares at a 20% discount by the look of it....

[gemlotte55] 21/1/2019 07:41

What happened with the Chinese paying 11p. They must be peeved,as I am

[pugugly] 21/1/2019 07:23

a new fund raising at 6.5p - Cash burning - black hole - no real sign of progress - so where next !!!!



However no leaks that I could hear about proposed placing - wonder how much of a hit the share price will take on opening.


To be applied to "working capital" So apparently running out of cash yet again -

[argylerich] 18/1/2019 10:15

Toe dipped back in.

MWG website linking to BBC article about brine concentrations from desalination plants

[pieball] 14/1/2019 19:59

Linkedin last month: Proven Technology, Rapid and Reproducible Results – Find Out In January 2019 How We Modern Water plc Improved An Industry Standard. Stay Tuned...

Lets see what value this announcement holds. We could do with some movement here.

[madmonkflin] 10/1/2019 14:19

This MM is hopeless, buy shares and the price drops!

[dave4545] 04/1/2019 11:55

That mm has sold most of it on now and for a very nice profit

[dave4545] 02/1/2019 16:30

mm's certainly playing the robbery card in this one today

Charging a premium earlier 8.3p and now at 8p bid somebody gives 150k away at 7.44p

Do these idiots never think of splitting the trade, probably save them £500

[thic1] 28/12/2018 09:41

If the link below is correct that would be a needed cash injection at this point. But I am sure there would be a discount to the cost quoted! https://www.quora.com/How-much-does-a-water-desalination-plant-cost

[1xtrader] 27/12/2018 13:31

In the pipeline mind the pune lots of potential news from India China south Africa Gibraltar at under 10 million market cap and just over 100 million shares has to worth a shot also near year low

[boffster] 27/12/2018 13:14

What the hell has happened to the massive Gibraltar job??

[madmonkflin] 27/12/2018 12:44

How much for an Aqua Pak then?