Modern Water Share Discussion Threads

[timberwolf] 10/7/2019 16:16

The RNS statement that, "The Board is continuing to manage its working capital carefully....." made me laugh! Sorry, but, IMHO, MWG has pretty much been a classic cash burn company from start to, probably now, finish. Rather than concentrating on their core specialisation and keeping the company lean & mean, the management branched out on other areas, increasing staff levels and other overhead, whilst bringing in little new business at all. A few years ago they were posting news, via RNS, to shareholders that, for example, they'd sold ONE toxicity meter to some company, or other! I question what the cost of that sale was, taking into account the massive overhead?!

I'm sure that nobody likes to see a company fail, but I fear that this one will, and, as others have said, I'd certainly blame the board members!

I'm just glad I got shot when I did, still at a loss, mind you!

[buywell2] 10/7/2019 15:55

Two posters on here ramped this POS a couple of years ago and then did a runner

They have performed similar tricks on other threads JWNG being one , PHD being another and ODX yet another ... I could go on.

They should be ashamed.

[timberwolf] 10/7/2019 15:48

It doesn't look good! Are the directors having to use their credit cards yet to pay the lecky bill?! :-(

[buywell3] 08/7/2019 16:21

Nope I guess not

It's all a game really

[pugg1ey] 24/6/2019 12:23

does it matter?
we all end up either burnt to a crisp or eaten by bugs

[richie1218] 23/6/2019 16:15

hxxps://bestmarketherald.com/brine-concentration-technology-market-to-rise-us-17-bn-by-2026-with-major-players-advent-envirocare-technology-pvt-ltd-modern-water-plc-memsys-water-technologies/

Brine Concentration Technology Market To Rise US$ 17 Bn by 2026 With Major Players Advent Envirocare Technology Pvt. Ltd., Modern Water plc. Memsys Water Technologies

Avatar [e-mail] • June 13, 2019

The global brine concentration technology market was valued at nearly US$ 12 Bn in 2017 and is anticipated to expand at a CAGR of more than 4.0% from 2018 to 2026, according to a new report titled ‘Brine Concentration Technology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2026’ by Transparency Market Research (TMR) Growth of brine concentration technology is highly dependent on oil & gas activities. The shift toward clean energy is expected to drive the demand for brine concentration technology in the near future. Brine is a salt water solution, which may contain different salts such as calcium sulfate, silica, calcium chloride, and sodium. Brine needs to be treated before discharging it into the environment. Brine concentration technology involves treating the produced brine to remove harmful salts from the water.

Increase in demand from oil & gas industry

Oil & gas exploration is a major source of energy in many countries. Its production has been described as one of the most important industrial activities of the 21st century. Water is a complex mixture of organic and inorganic compounds and the largest volume of by-product generated during oil and gas recovery operations. The oilfield produced water can be a source of fresh water for water-stressed oil-producing countries. Extraction and production of oil & gas leads to reduction in reservoir pressure. Additional water is usually injected into the reservoir water layer to maintain hydraulic pressure and enhance oil recovery.

Rise in concern about environmental pollution

Increase in concern about the environment has played a major role in the adoption of brine concentration technology. Various projects, including several para-xylene chemical plants in China and a wastewater discharge pipeline for a paper mill, have been suspended or canceled as a result of public protests. Growth in concern about the environment is likely to compel industries to adopt brine treatment as a necessary solution in order to gain public acceptance. High installation cost of brine concentration technology can be a restraining factor, specifically for small industries that have lower capital investment.

View in-depth table of contents for this report @ hxxps://www.transparencymarketresearch.com/report-toc/44285

Currently, Vertical Tube Falling Film (VTFF) technology segment is anticipated to expand significantly

In terms of technology, the vertical tube falling film (VTFF) segment currently holds the major share of the market due to the technology’s application in achieving zero liquid discharge in industries. Development of offshore oil & gas industry in North America and Middle East has propelled the demand for HERO technology. The HERO segment is likely to expand at a CAGR of 6.39% during the forecast period, followed by the VTFF segment (CAGR of 5.57%). MVC and CCD segments are also anticipated to expand during the forecast period.

Innovation, quality improvement, and recent development in brine concentration technology

In 2015, Desalitech and C2HM together emphasized on developing the Closed Circuit Desalination (CCD) technology. The CCD technology improves the efficiency and productivity. It helps in passing concentrated brine through the system continuously and leaving the salt precipitate behind through salt extraction gate. The new technology helps tackle issues arising due to depleting amount of freshwater for domestic and industrial purposes. Installation of brine concentration plants enables industries to reuse the recovered water and thus lower their operating costs.

Countries in Asia Pacific to lead brine concentration technology market

Asia Pacific is estimated to emerge as one of the prominent regions of the brine concentration technology market. Highly environment-conscious Europe and North America are projected to lead the global brine concentration technology market in the near future. The brine concentration technology market is projected to witness a large number of collaborations among manufacturers and technology developers during the next few years. Over the years, China has become a strategic center for brine concentration technology. This is projected to boost the demand for brine concentration technology systems in Asia Pacific in the near future.

Highly competitive market with domination of top players

The global brine concentration technology market is a highly competitive. In order to acquire higher market share, companies operating in North America, Middle East & Africa, and Asia Pacific are rapidly expanding their production facilities of brine concentration technology. Leading players dominate the market. Key players operating in the brine concentration technology market are Advent Envirocare Technology Pvt. Ltd., Modern Water plc. Memsys Water Technologies GmbH, Enviro Water Minerals Company Inc., Oasys Water, TETRA Technologies, Inc., Fluid Technology Solutions, Inc., Osmo Membrane Systems GmbH, Saltworks Technologies Inc., Duraflow LLC., Veolia, and Synder Filtration, Inc.

[empoggio] 12/6/2019 11:47

Incidentally, that last 30000 transaction was a BUY and not as posted a Sell. The others might also be wrong.

[empoggio] 12/6/2019 11:46

If the deal is finalised, which looks likely from the Government of Gibraltar comments,the company should have no problem in getting advance (bridging) loans from institutions or even from their partners NW in the Gibraltar project, who stand to win from this project.

[empoggio] 12/6/2019 11:07

Gibraltar Minister John Cortes address in Budget session:

Sewage treatment I am pleased that despite the complexities in the discussions and design referred to yesterday by the Chief Minister, we are progressing on the preparatory work on the new sewage treatment plant which we still expect to be completed in 2020.

[empoggio] 12/6/2019 11:05

hxxps://www.yourgibraltartv.com/politics/19371-budget-2019-minister-john-cortes-address

[sirrux] 11/6/2019 19:54

Latest from Gib gov press release today is they expect the project to complete in 2020 despite the comments yesterday.What's the agreement for the funding of this? £25m developments don't just happen without some down payments.And if money is to be advanced to MW, surely they need to be in good shape operationally. It happens all the time but nothing worse than starting a big project and not being able to finish it.Hopefully it all works out. This could be a good business but can they pull off the money deals to make it happen?

[timberwolf] 11/6/2019 17:05

Sadly I see no real possibilities here any more. The odd dead cat bounce in the sp, sure, but that's about it. IMHO, I really fear that the group will burn out any remaining cash well before any final decision on the Gibraltar project.

Even if it's finalised positively (Under what terms? Who know's, in what may have been desperation for a deal?), the trough of losses, since inception, will never be recovered, again, IMHO.

[pugugly] 11/6/2019 12:38

mañana - usually implies maybe next week or the week after though supposed to mean tomorrow - but here - remember they are next to Spain - Sometime in the next 6 months - maybe!!

[argylerich] 11/6/2019 12:24

Gibraltese speak for 'we'll get it sorted tomorrow, today is an early lunch....'

[richie1218] 11/6/2019 12:05

hxxps://www.gibraltar.gov.gi/uploads/20190610%20Chief%20Minister%20Budget%20Speech%202019.pdf

THE WASTE WATER TREATMENT PLANT
268. Negotiations are also moving apace on the contract for the new Waste Water Treatment Plant, which we have been pursuing since we were elected. These negotiations are not easy, Mr Speaker, and we have to get them right and we need to have the guarantees we need that the plant will be able to deal with the salt water element in our brackish water. For that reason, although I had hoped that we would have seen more progress before today, we have not yet seen ground broken.

[targatarga] 10/6/2019 08:18

I was dragged in and sold at a large % loss. Good luck to those that'll go down with her!

[buywell3] 09/6/2019 10:30

7th June 2019


Modern Water plc, the owner of world-leading technologies for water and wastewater treatment and for water quality monitoring, announces a trading and working capital update.

Despite positive indicators as disclosed in the recent Annual Report, cash flows have been slower than anticipated from the Membranes Division and, consequently, additional working capital will be required in the short-term to meet the Group's requirements.

........................................................

The DOW link was dated the 6th June and MWG must have known about it for some time
Never even thought it worth a mention or RNS

[sirrux] 09/6/2019 07:46

Strange, Dow made a press release mentioning Modern Water same day as the working capital issue RNS which crashed the share price. Wonder if they meant to release two RNS's or another will follow Monday. It does change the context somewhat if a £3 million market cap company is doing business development deals with a mega cap one. A few questions at least.https://www.dow.com/en-us/insights-and-innovation/product-news/dow-partners-with-modern-water-to-offer-improved-traceable-polymer-system

[buywell3] 07/6/2019 11:52

Fill your boots then