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
  -0.05 -4.0% 1.20 1.10 1.30 1.25 1.20 1.25 666,298 14:31:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 4.2 -2.5 -2.2 - 1

Modern Water Share Discussion Threads

Showing 3976 to 3997 of 4125 messages
Chat Pages: 165  164  163  162  161  160  159  158  157  156  155  154  Older
DateSubjectAuthorDiscuss
11/7/2019
20:02
Raising funds is about relationships, good communication and promotion. None of the board have these skills, they have 1 institutional investor who has only maintained his holding through the fund raises. Their incompetence scared Miton into selling out 15 months ago and that was probably the kiss of death.
slicethepie
11/7/2019
12:36
Also noted that is you are a "quiet stock" and in trouble it's a very bad time to try and raise funds. No problem for all the garbage mining stocks/oil aim stocks that year after year get their money because the punters love them. PEL was suspended and went into administration not even a hint of trying to do a fundraising below the suspension price. Think next 12 months a lot of stocks in trouble could vanish from trading screens
dave4545
11/7/2019
12:32
Clearly the technology is not able to be installed or exploited profitably, at least by this outfit. Guess vultures have already looked into it and decided nothing viable remains. Hope is gone.
dozey3
11/7/2019
10:43
Yes, here's what the IP group say: "Modern Water owns exciting leading-edge desalination technology which produces large volumes of water at lower cost and in an environmentally responsible way. With expectations that by 2025 two-thirds of the world’s population will live in countries that are classified as water-stressed, its portfolio of technologies will revolutionise the provision of fresh water." Am sure they have disclaimers all over the place, just didn't spot those.
sirrux
11/7/2019
10:13
It should be about reputation, they have sat on the board and done nothing to protect their investment. I suspect the fact that they did not join in any of the recent fund raises shows they don't think much of it and I am sure that is how potential investors saw it however allowing it to go bust is a poor advert for there so called skills.
slicethepie
11/7/2019
10:00
Nose-diving, shouldn't the IP group with a 15% stake grab the bull by the horns here. IF, and that's a big 'if' they have what they say they have lined up for the sake of a few peanuts surely the "active" institutional backers would step into the fray? Unless of course, someones's telling porkies or everyone has just lost their marbles. Perhaps the issue is that the backers want to upgrade the management for the commercial phase.
sirrux
11/7/2019
00:55
Holding out hope that the co. might get the go ahead on the Gibraltar job before it goes belly up. Presumably that would come with a decent upfront payment. Seems little point in selling now I'd get the square root of sod all for my shares I had high hopes for this. What an utter balls up
boffster
10/7/2019
19:50
His salary helps that go away fairly quickly IMO
buywell2
10/7/2019
19:45
The tragedy of all this is there is clearly some good ip in here it's just sheer incompetence that has allowed the company to get to this point. Bad management can destroy the best of businesses and this is a case in point. My only consolation is that humph had a decent holding ( unlike the useless chairman who held no shares) so shares some pain with ordinary shareholders.
slicethepie
10/7/2019
15:42
Made a huge loss which would have been a lot more if I hadn't sold up earlier , cannot understand how theBOD have not been able to make a success here!!!
joeblogg2
10/7/2019
15:39
@gbenson1 Yup, I have to agree. IMHO, the writing is very clearly on the wall. I do hope not, but that's my gut feeling too! Maybe, with a better board, there would be more hope for MWG, but I just don't see it here, based on their track record since inception!
timberwolf
10/7/2019
15:35
Like from the administrators
buywell3
10/7/2019
15:31
RNS doesn't Instill me with any confidence, it's as if the writings on the wall. It's a massive shame given the technology and the need for potable water in remote parts of the world, in the right hands this technology has a future, I guess NWL will pick up the technology for a song at some stage!!
gbenson1
10/7/2019
15:31
Many burn cash to be fair on AIM and never make profitability Does anyone know the percentages of AIM stocks that do ... say for 3 years running I don't but I would guess it is less that 10%, maybe even 5%
buywell3
10/7/2019
15:16
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!
timberwolf
10/7/2019
14:55
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.
buywell2
10/7/2019
14:48
It doesn't look good! Are the directors having to use their credit cards yet to pay the lecky bill?! :-(
timberwolf
08/7/2019
15:21
Nope I guess not It's all a game really
buywell3
24/6/2019
11:23
does it matter? we all end up either burnt to a crisp or eaten by bugs
pugg1ey
23/6/2019
15:15
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 ajinkya@tmrresearch.com • 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.
richie1218
12/6/2019
10:47
Incidentally, that last 30000 transaction was a BUY and not as posted a Sell. The others might also be wrong.
empoggio
12/6/2019
10:46
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
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