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
  0.00 0.0% 1.25 1.20 1.30 1.25 1.25 1.25 1,154,647 08:00:00
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 3926 to 3949 of 4125 messages
Chat Pages: 165  164  163  162  161  160  159  158  157  156  155  154  Older
DateSubjectAuthorDiscuss
30/5/2019
06:13
Profit was used before Modern Water has reported positive financial results for 2013 with gross profit up to £1.7 million from £1.4 million in 2012 I wonder what share of the 22M contract was MWG's it was awarded in 2014 and what was for Northumbrian Services Limited They have cash and might be a buyer for MWG I am assuming works have been going on eg design since 2014 , what stage the contract is at ? anyone know A BOD member did buy a chunk of these at 60p , about 25K's worth
buywell2
29/5/2019
18:06
For me the fact that none of the bod put a penny in on the january placing says it all. Humph has presided over annual losses since listing and seems incapable of creating some positive momentum. Even the Chinese seem to have lost interest....my worry is a mbo or low ball takeover.
slicethepie
29/5/2019
11:59
Where's the bottom for this??
r9505571
24/5/2019
15:17
Timber. As the project was bid back in 2014 iirc I don't think it's a question of pricing but your other point is 100% correct. MWG need far higher revenues to sustain their overheads even after the cost cutting of recent years. Monitoring growth has been very disappointing and whilst membranes (AMBC) could do well I'm also frustrated at progress. I sold out in April.
norbert colon
24/5/2019
15:04
IMHO, even the Gib project, even if it's finally signed off, will not make any real difference to the eventual downfall of MWG. Their 100% annual losses, since inception, are just far too high for it to make even a small dent in finances. I'd also question the pricing for the project. I really don't know, but IMHO, many companies in decline, will bid far too low, just to achieve something. I'm not saying that's the case here, but it's a factor that I'd take into account when looking at the future of a company like MWG, especially with their past track record. Sorry, but that's my honest opinion. :-)
timberwolf
24/5/2019
14:54
They don't need a fund raise for Gibraltar, they need Gibraltar to close contracts to get a much needed further cash injection despite Jan placing.
norbert colon
24/5/2019
14:27
released today at 6pm....?
pugg1ey
24/5/2019
12:46
Well their goes the 1 trade, RNS will reveal all soon, is this possibly in connection with a fund raise to help with Gibraltar project?
gbenson1
24/5/2019
12:16
Down down deeper and down! With apologies to the Quo! Agree Pug and, as you know, I also sold up in the same way some time ago now. A sad situation, which is, IMHO, basically down to poor management, pretty much from inception. I really don't see where they can go now without another cash call, which would probably go where it's gone before, down the proverbial plughole! :-(
timberwolf
24/5/2019
10:57
buywell3 - 29 Mar 2018 - 06:27:38 - 1940 of 2468 Modern Water - MWG Swingeing .... a nice word but means something nasty ... many small caps are getting loans at only 2% above base rate hTTps://en.oxforddictionaries.com/definition/swingeing WHY are these having to pay 8% over base rate ... makes me wonder ''The loan will accrue interest at 8% over base rate including a fee for the EIB guarantee. No repayment of capital will be due in the first year. The facility is secured by a debenture and cross guarantee across all UK group companies. ''
buywell3
24/5/2019
10:31
Bath plug seems to have been removed - Going down the drain fast now 4.2/4.2 as typing Almost looks like a sell tip or "stop losses" kicking in - Still cannot see any reason to buy but at maket cap now under £5M might be of interest to a vulture - That is if any value in their IP - That is if they have not had it all stolen by their Chinese associates - They are in the right area - Water going to a scarece vital resource in much of the world but these boys do not seem to have the ability (imo) to capitalise on the opprtunities - (If I am wrong I would just love someone to point out why and how they will ever generate value for the long suffering shareholders) Declaraion - Previously held and sold out at a significant loss but well above current level. - Am thinking of getting back in but - but - but - 2nd and 3rd thoughts suggest "dead rat - leave it be"
pugugly
03/5/2019
15:35
slicethepie: Going concern - Well spotted - If they can get the dates wrong I wonder what errors there might be in their contracts !!
pugugly
03/5/2019
15:19
Why buy shares when you can get them for nothing presume these options were a reward for the highly dilutive rescue placing plus a bit extra for attaching warrants Well done bod !
slicethepie
25/4/2019
09:47
Would be nice if our overconfident chairman or bod bought some shares, bod didn't join in the highly dilutive recent rescue !
slicethepie
23/4/2019
18:52
Going concern statement refers to Cashflow forecasts for year ending 12/2018 can't even get the date correct!
slicethepie
23/4/2019
11:03
No mention of recent highly dilutive share issue perhaps the chairman has not caught up with his in tray !
slicethepie
23/4/2019
08:08
ANNUAL LOSSES AFTER TAXATION 2007 (£1.733m) 2008 (£2.405m) 2009 (£3.627m) 2010 (£4.065m) 2011 (£4.543m) 2012 (£5.413m) 2013 (£4.700m) 2014 (£17.681m) - Includes (£12.780m) exceptionals 2015 (£3.871m) 2016 (£2.102m) 2017 (£5.073m) 2018 (£2.306m)
timberwolf
23/4/2019
08:08
Blimey who bought 176k at 5.65p one hour ago, that was suicide if you ask me. Already 1p down on them, mm's slash the price then somebody drops 200k and the mm makes a big profit getting that stock back
dave4545
23/4/2019
08:05
They are burning up to £200k a month (losses, direct cash burn at about 120,000pcm) which means that the cash raised and the cash in bank have virtually gone by now. Added to the fact that they had already maxed out their overdraft, they are on a knife edge needing the Gibraltar contract signed or some very big sales, just so they can do a placing. Could boom, could be down below 5p in the next few days....
argylerich
23/4/2019
08:01
My concern is that with £200k in bank at year end and potentially £500k from last placing, at current cashburn that would only last 5-6 months!
gbenson1
23/4/2019
07:55
Can't really get the momentum for a placing until Gibraltar signed and sealed.
argylerich
23/4/2019
07:42
Another RNS due, hope this ones during open hours, is it news on Gibraltar project or another placing?
gbenson1
22/4/2019
13:26
Just posted: Easter Red Flags at Night: #Modern #Water FY results a washout – SELL! #MWG https://twitter.com/smallcappick/status/1120317846100369408
newtothisgame3
19/4/2019
05:26
No Barry the same set
bigfrocks
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