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
  0.025 3.57% 0.725 0.70 0.75 0.825 0.70 0.70 46,222,037 15:18:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 4.2 -2.5 -2.2 - 4

Modern Water Share Discussion Threads

Showing 3801 to 3820 of 4275 messages
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DateSubjectAuthorDiscuss
31/1/2019
13:22
from Sept 2015 interims after the appointment of Alan Wilson Commenting on the results, Alan Wilson, Chairman of Modern Water, said: It is clear that Modern Water has failed to deliver on its promises to its shareholders to-date and we must do better. To that end, we have implemented a restructuring plan in order to reduce operating costs and we are taking a critical look at our strategy. Some operating cost savings have already been made and more will follow. I anticipate that the strategy review will start to deliver benefits towards year-end."
pugg1ey
31/1/2019
13:15
I think to any longer term holders this fund raise is the last straw. The complete lack of any detail is appalling and with management not even contributing a penny confirms this a lifestyle company. Sadly they talk a good story but lack any commercial acumen.
slicethepie
31/1/2019
13:08
Yes it looks like someone, or some organisation, is getting rid as best they can, and yes, sadly, MWG have always had money to burn... :-(
timberwolf
31/1/2019
10:51
constant block sells going through, who is it:-( Appointment of joint broker...must have money to burn....
pugg1ey
31/1/2019
09:47
We need a miracle, perhaps the Pope could turn this around for us? 100p? Devine water on tap where there otherwise would'nt be any!
sirrux
30/1/2019
13:22
Ok, the CEO or someone needs to find a buyer to get out of this hole - go to the US, boutique IB there will find someone. They will be better placed and have more support to deal with Chinese takeaway risk, is it just 5% that Sunup have got? Don't sit on it and get ripped off, that's the bottom line here act now. You cannot build this into a giant with £0.5MM capital raisings, that's just messing about.
sirrux
30/1/2019
09:40
Hi Timber - Good to see you are still around- Should be value in this area as water shortages and pollution are growing problems BUT this shower of dry dust (rain not applicable owing to total failure of either product and or management -v- competition) show no indiction of ever producing a return for all the cash that has gone down the drain - Still keeping on a watch list for old times sake BUT if Gib does not come through then (imo) finished and possible a Chinese takeaway from the receiver.
pugugly
30/1/2019
09:14
466k sale is the reason for the drop. Done a hour ago for 6.01p so that should be the low as mm will want to sell that all on for a profit
dave4545
30/1/2019
09:07
Sadly Pug, it's all deja vue to me. The old, pointless, product update details, and the odd RNS about the sale of one or two toxicity meters from the Water Monitoring Division, rather than any major sales anywhere! Same old cash burn! :-) DYOR
timberwolf
30/1/2019
09:03
Guess this is the time to gamble and buy back in when it's looking terrible and weak online.
dave4545
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.
madmonkflin
29/1/2019
14:25
rns re product upgrade
wynmck
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!
thic1
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.
norbert colon
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
madmonkflin
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??
thic1
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
timberwolf
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!!
pugugly
21/1/2019
08:02
shares at a 20% discount by the look of it....
pugg1ey
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